Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the sale, marketing, distribution, and licensing of recorded music produced by the company's recording artists. The Music Publishing segment acts as a copyright owner and/or administrator of the musical compositions and generates revenues related to the exploitation of musical compositions. The company was founded on November 21, 2003 and is headquartered in New York, NY.

Increased competition for artists between the labels will squeeze margins, as labels pay more for new artists, many of which are still likely to fail.

Superstar artists can go directly to consumers and cut out the label on both recorded and publishing sides.

Warner is overly dependent on streaming services that are diversifying their revenue streams into areas like podcasts. The streaming platforms will demand lower royalty rates in the future as their power grows. 

Warner will be able to gain leverage on its artists and repertoire investments as streaming of its catalog increases. 

Warner will continue to gain share in the recorded music segment because of its focus on hip-hop and other youth-orientated genres.

Music streaming services like Spotify still have a long runway for subscriber growth, bringing more revenue into the music ecosystem for labels and artists alike.

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Warner Music Group

Why Robinhood?

About WMG

Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments.

WMG Key Statistics

Analyst ratings

50%

Warner Music Group

Why Robinhood?

Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments. Show more

WMG Key Statistics

Analyst ratings

50%

Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments.