Music Labels Sony, UMG, Warner Records Sue AI Company Suno For Copyright Infringement
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/4/2024 | $33.00 → $30.00 | Neutral → Underperform | BofA Securities | |
| 9/18/2024 | Buy → Outperform | Daiwa Securities | ||
| 7/12/2024 | $37.00 | Outperform | Wolfe Research | |
| 7/11/2024 | $43.00 → $38.00 | Buy | Jefferies | |
| 7/10/2024 | $21.00 → $23.00 | Neutral → Sell | Redburn Atlantic | |
| 5/6/2024 | $43.00 | Overweight | Morgan Stanley | |
| 2/15/2024 | Outperform → Neutral | Macquarie | ||
| 2/5/2024 | $17.00 → $21.00 | Sell → Neutral | Redburn Atlantic |
Financial Highlights Full-Year Results Reflect Healthy Performance Across Recorded Music and Music PublishingContinued Strong Growth in Subscription Streaming Underpinned by Healthy Macro TrendsMusic Publishing Achieves its Fourth Consecutive Year of Double-Digit Revenue GrowthDelivered Operating Cash Flow Conversion of 53% in line with Guidance For the three months ended September 30, 2024 Total revenue increased 3% (the same in constant currency)Digital revenue was flat compared to prior-year quarterNet income was $48 million versus $154 million in prior-year quarterAdjusted OIBDA increased 11% to $353 million versus $317 million in prior-year quarter (the
A Combination of High Resolution, Speed, and AI Recognition Designed for Professionals SAN DIEGO, Nov. 19, 2024 /PRNewswire/ -- Today Sony Electronics Inc. introduces the Alpha 1 II, its new flagship full-frame camera. This mirrorless camera brings together some of the most requested and beloved features of Sony's high-end camera lineup into one body, designed to be the most reliable and strongest choice for any professional application. The Alpha 1 II combines high resolution, speed, and cutting-edge AI-driven technology to meet the output and workflow needs of professional photographers and videographers. Designed for professionals at the top of their game, the Alpha 1 II is an ideal hybri
NEW YORK, Nov. 08, 2024 (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 December 3, 2024, to stockholders of record as of the close of business on November 19, 2024. 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
S-3ASR - Warner Music Group Corp. (0001319161) (Filer)
10-K - Warner Music Group Corp. (0001319161) (Filer)
8-K - 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)
Since launching in November 2023, the Tesla Inc (NASDAQ:TSLA) Cybertruck has been a top seller for electric pickup trucks. The vehicle is now making its way into several top video games. What Happened: Tesla CEO Elon Musk, a known enthusiast of video games and electric vehicles, will see his passions converge on July 23 as the Cybertruck makes its debut in several popular video games. The Cybertruck will debut in "Fortnite" and "Rocket League," two of the most played video games in recent years. "Catch a ride in the Tesla Cybertruck in Fortnite tomorrow," a tweet from "Fortnite" said Monday. According to Eurogamer, the Cybertruck will be a free in-game reward in "Fortnite." The u
BofA Securities downgraded Warner Music Group from Neutral to Underperform and set a new price target of $30.00 from $33.00 previously
Daiwa Securities downgraded Sony from Buy to Outperform
Wolfe Research initiated coverage of Warner Music Group with a rating of Outperform and set a new price target of $37.00
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, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Financial Highlights Full-Year Results Reflect Healthy Performance Across Recorded Music and Music PublishingContinued Strong Growth in Subscription Streaming Underpinned by Healthy Macro TrendsMusic Publishing Achieves its Fourth Consecutive Year of Double-Digit Revenue GrowthDelivered Operating Cash Flow Conversion of 53% in line with Guidance For the three months ended September 30, 2024 Total revenue increased 3% (the same in constant currency)Digital revenue was flat compared to prior-year quarterNet income was $48 million versus $154 million in prior-year quarterAdjusted OIBDA increased 11% to $353 million versus $317 million in prior-year quarter (the
NEW YORK, Nov. 08, 2024 (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 December 3, 2024, to stockholders of record as of the close of business on November 19, 2024. 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
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, November 21, 2024, for the fourth quarter and fiscal year ended September 30, 2024, 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 the dial-in number along with your personalized pin needed 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.
4 - Warner Music Group Corp. (0001319161) (Issuer)
4 - Warner Music Group Corp. (0001319161) (Issuer)
4 - Warner Music Group Corp. (0001319161) (Issuer)