Business description: Warner Music Group Corp.

Warner Music Group Corp. is a global music entertainment company. The Company brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Its record labels include Atlantic Records, Warner Records, Elektra Records, Parlophone Records, and Cloud 9 Recordings. Its recorded music segment includes labels, such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. Its music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre. It is also home to the Alternative Distribution Alliance (ADA), which supports the independent community, as well as artist services division WMX. In addition, it counts film and television storytelling powerhouse, Warner Music Entertainment, among its brands.

Number of employees: 5,500

Sales by Activity: Warner Music Group Corp.

Fiscal Period: September 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Recorded Music

4.54B 4.97B 4.96B 5.22B 5.41B

Music Publishing

761M 958M 1.09B 1.21B 1.31B

Corporate Expenses and Eliminations

-4M -5M -6M -7M -7M

Geographical breakdown of sales: Warner Music Group Corp.

Fiscal Period: September 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

2.36B 2.74B 2.77B 2.87B 2.87B

All Other Territories

1.66B 1.83B 2.01B 2.27B 2.46B

United Kingdom

620M 734M 726M 774M 857M

Germany

662M 613M 535M 513M 515M

Executive Committee: Warner Music Group Corp.

Manager TitleAgeSince
Chief Executive Officer 55 31/12/2022
Director of Finance/CFO 56 04/05/2025
Chief Tech/Sci/R&D Officer - -
Compliance Officer - -
Investor Relations Contact - 10/09/2020

Composition of the Board of Directors: Warner Music Group Corp.

Director TitleAgeSince
Director/Board Member 68 03/03/2004
Director/Board Member 55 19/07/2011
Director/Board Member 62 19/07/2011
Director/Board Member 63 30/04/2014
Director/Board Member 60 08/05/2016
Director/Board Member 58 30/04/2014
Chairman 65 06/02/2019
Director/Board Member 56 30/09/2020
Director/Board Member 57 12/07/2021
Director/Board Member 55 31/01/2023

Shareholders: Warner Music Group Corp.

NameEquities%Valuation
JPMorgan Investment Management, Inc.
11.33 %
16,645,276 11.33 % 471 M $
Independent Franchise Partners LLP
8.911 %
13,096,205 8.911 % 370 M $
BlackRock Institutional Trust Co. NA
6.287 %
9,239,261 6.287 % 261 M $
Darsana Capital Partners LP
5.443 %
8,000,000 5.443 % 226 M $
Barrow, Hanley, Mewhinney & Strauss LLC
5.344 %
7,854,372 5.344 % 222 M $
NameEquities%Valuation
Access Industries, Inc. (New York)
99.1 %
374,237,252 99.1 % 10 580 M $
Blavatnik July 2019-13 Investment Trust
1.74 %
6,570,786 1.74 % 186 M $
0.3707 %
1,400,000 0.3707 % 40 M $

Company details: Warner Music Group Corp.

Warner Music Group Corp.

1633 Broadway

10019, New York

+

http://www.wmg.com
address Warner Music Group Corp.(WMG)

Other Entertainment Production

Change 5d. change 1-year change 3-years change Capi.($)
+2.00%+17.89%+22.27%+32.86% 17.53B
-0.09%-2.86%-5.14%-13.48% 17.36B
-1.23%-1.31%+14.88%+75.43% 13.74B
0.00%-1.40%-3.55%-10.41% 6.98B
+7.13%-0.47%+280.41%+511.06% 4.87B
-0.04%+5.07%-12.15%+1.59% 3.65B
-5.14%-3.59%-30.72%-21.10% 2.94B
+0.19%+3.93%-24.83%-78.27% 2.46B
-3.57%-16.67%+43.62%-15.41% 2.34B
-4.78%-8.56%+174.70%+239.39% 2.34B
Average -0.56%+0.36%+45.95%+72.17% 7.42B
Weighted average by Cap. +0.23%+3.06%+29.12%+54.83%
Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
33.60USD
Average target price
38.12USD
Spread / Average Target
+13.45%

Quarterly revenue - Rate of surprise

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