Amendment: SEC Form SC 13G/A filed by Warner Music Group Corp.
$WMG
Services-Misc. Amusement & Recreation
Consumer Discretionary
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/12/2025 | $28.00 | Buy → Neutral | Goldman |
| 4/21/2025 | $32.00 | Overweight → Equal-Weight | Morgan Stanley |
| 3/28/2025 | $35.00 | Sector Perform | FBN Securities |
| 2/14/2025 | $34.00 → $42.00 | Neutral → Buy | Citigroup |
| 1/8/2025 | $44.00 → $40.00 | Buy | Guggenheim |
| 10/4/2024 | $33.00 → $30.00 | Neutral → Underperform | BofA Securities |
| 7/12/2024 | $37.00 | Outperform | Wolfe Research |
| 7/11/2024 | $43.00 → $38.00 | Buy | Jefferies |
Goldman downgraded Warner Music Group from Buy to Neutral and set a new price target of $28.00
Morgan Stanley downgraded Warner Music Group from Overweight to Equal-Weight and set a new price target of $32.00
FBN Securities initiated coverage of Warner Music Group with a rating of Sector Perform and set a new price target of $35.00
NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. ("Warner Music Group" or "WMG") today announced that its Board of Directors declared a regular quarterly cash dividend of $0.18 per share on WMG's Class A Common Stock and Class B Common Stock. The dividend is payable on June 3, 2025, to stockholders of record as of the close of business on May 27, 2025. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to an unparalleled family of creative artists, songwriters, and companies that are moving culture across the globe. At the core of WMG's Recorded Music division are four of the most iconic companies in history: Atlantic
Financial Highlights Q2 Performance Driven by Revenue Growth Across Recorded Music and Music PublishingCost Savings Plans on Track, With Reinvestment Initiatives AcceleratingYear-to-Date Operating Cash Flow and Free Cash Flow Increased by 53% and 59%, Respectively For the three months ended March 31, 2025 Total revenue decreased 1%, or increased 1% in constant currencyNet income decreased 63% to $36 million versus $96 million in the prior-year quarterOperating income increased 41% to $168 million versus $119 million in the prior-year quarterAdjusted OIBDA decreased 3% to $303 million, versus $312 million in the prior-year quarter, or 1% in constant currencyCash provided by operating activ
'5 Junction' imprint focused on breaking American artists of South Asian heritage and talent from the Subcontinent in the U.S. NEW YORK, April 22, 2025 /PRNewswire/ -- Warner Music Group (NASDAQ:WMG) and entrepreneurial powerhouse Anjula Acharia are partnering to launch 5 Junction, a new JV label focused on discovering and nurturing U.S.-based artists of South Asian heritage, as well as amplifying the success of WMG's existing artists from South Asia and its diaspora. 5 Junction will collaborate closely with LA-based Warner Records, led by Tom Corson [Co-Chairman and COO] and Aaron Bay-Schuck [Co-Chairman and CEO].
8-K - Warner Music Group Corp. (0001319161) (Filer)
SCHEDULE 13G - Warner Music Group Corp. (0001319161) (Subject)
10-Q - Warner Music Group Corp. (0001319161) (Filer)
SC 13G/A - Warner Music Group Corp. (0001319161) (Subject)
SC 13G/A - Warner Music Group Corp. (0001319161) (Subject)
SC 13G - Warner Music Group Corp. (0001319161) (Subject)
4 - Warner Music Group Corp. (0001319161) (Issuer)
3 - Warner Music Group Corp. (0001319161) (Issuer)
4 - Warner Music Group Corp. (0001319161) (Issuer)
Accomplished Leader from Activision Blizzard and Procter & Gamble NEW YORK, April 14, 2025 /PRNewswire/ -- Warner Music Group Corp. (NASDAQ:WMG) today announced that Armin Zerza is joining the company as Executive Vice President and Chief Financial Officer, effective May 5, reporting to CEO Robert Kyncl. Zerza brings extensive global financial, commercial, and operational leadership experience, most recently serving as CFO of Activision Blizzard, while it was traded on the NASDAQ stock exchange. At the same time, it was announced that current EVP & CFO Bryan Castellani will serve until May 5, and then act as advisor to ensure a smooth handover.
Focus on cultural impact and creative expertise New leadership empowered at Atlantic, 300 Entertainment, and 10K Projects Key moves include promotions of Lanre Gaba and Erica Bellarosa, appointment of Dave Rocco, and elevation of Craig Kallman NEW YORK, Sept. 23, 2024 /PRNewswire/ -- Today, Atlantic Music Group (AMG), part of Warner Music Group (NASDAQ:WMG), unveiled its dynamic new leadership team and structure. Designed to maximize AMG's cultural impact and strengthen its creative expertise, the changes will empower dedicated A&R and Marketing teams at Atlantic Records, 300 Entertainment, and 10K Projects. Starting October 1, Elliot Grainge assumes the role of CEO of Atlantic Music Group,
After Two Highly Successful Decades at WMG, Max Lousada Announces Decision to Step Down at End of Fiscal Year Creative Regional Leadership to Be Elevated Through Flatter Structure;Greater Impact Through Globalized Services Elliot Grainge Becomes CEO of Atlantic Music Group at Beginning of Fiscal Year 2025; Julie Greenwald to Take New Role as Chairman of Atlantic Music Group NEW YORK, August 1, 2024 /PRNewswire/ -- Warner Music Group (NASDAQ:WMG) today unveiled a dynamic new structure for its Recorded Music operations, designed to strengthen services to artists at every stage of their careers, create more direct channels between local expertise and global opportunities, and position the comp
NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. ("Warner Music Group" or "WMG") today announced that its Board of Directors declared a regular quarterly cash dividend of $0.18 per share on WMG's Class A Common Stock and Class B Common Stock. The dividend is payable on June 3, 2025, to stockholders of record as of the close of business on May 27, 2025. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to an unparalleled family of creative artists, songwriters, and companies that are moving culture across the globe. At the core of WMG's Recorded Music division are four of the most iconic companies in history: Atlantic
Financial Highlights Q2 Performance Driven by Revenue Growth Across Recorded Music and Music PublishingCost Savings Plans on Track, With Reinvestment Initiatives AcceleratingYear-to-Date Operating Cash Flow and Free Cash Flow Increased by 53% and 59%, Respectively For the three months ended March 31, 2025 Total revenue decreased 1%, or increased 1% in constant currencyNet income decreased 63% to $36 million versus $96 million in the prior-year quarterOperating income increased 41% to $168 million versus $119 million in the prior-year quarterAdjusted OIBDA decreased 3% to $303 million, versus $312 million in the prior-year quarter, or 1% in constant currencyCash provided by operating activ
NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, May 8, 2025, for the second quarter ended March 31, 2025, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here. Once registered, you will receive an email with unique dial in details with a PIN to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate asking a question, we recommend joining via the webcast at www.wmg.com. The replay of the conference call will also be available via the webcast at www.wmg.com. About Warner Music GroupWarner Mus