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.

Successful artists’ ability to reach fans directly gives those artists more negotiating leverage to squeeze record companies for a bigger share of the artist’s earnings.

The record companies’ favorable revenue-sharing agreements with streaming platforms may not allow those platforms to remain viable over the long term and could require concessions.

Warner’s smaller size and weaker current share of today’s most popular artists could eventually lead to Warner not being in the same class as the other majors in its ability to compete for talent and secure the most favorable terms.

The evolution of the streaming business to an artist-centric model that pays the most popular music at a higher rate per stream will benefit the major record labels, which represent the biggest stars. 

Warner’s sales growth directly follows the streaming platforms, which are still maturing. These platforms have just begun to take advantage of pricing power and have room to increase customer penetration globally.

Talent will always be at the core of music industry sales, and major record labels like Warner are critical for artists to maximize success.

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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

67%

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

67%

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