In the world of music streaming, record labels and Spotify have struck gold, raking in hundreds of millions of dollars. However, the artists who create the art are earning mere pennies. This article delves into […]
Tag: Warner Music Group
In advance of Its Q4 FY 2022 Earnings Report, Warner Music Group Announces A Quarterly Dividend of $82.4 Million
It has been formally confirmed that Warner Music Group (NASDAQ: WMG) would distribute a $82.4 million quarterly dividend to shareholders. The Big Three record labels, which will re-enter the public market in June 2020, officially […]
Warner Music Group Suffers a Major Credit Card Hack
Big Three major label Warner Music Group (WMG) has suffered a major data breach and credit card hack. Warner Music Group officials recently confirmed the unsettling development in a letter, which was promptly dispatched to […]
Thanks to Streaming, Warner Music Group Posts $4 Billion in Revenue for 2018
Streaming music revenue continues to increase Warner Music Group’s bottom line. Warner Music Group (WMG) has published its results for the fiscal fourth quarter and full year ended September 30th, 2018. For the first time in […]
Thanks to Streaming Revenue, Warner Music Group Posts Strong 3Q Earnings
by Daniel Adrian Sanchez In very, very good news for the music group, in a conference call announcing its third-quarter financial results ended on June 30, Warner Music Group posted only a $9 million loss on […]
Warner Music Group Announces Content Deal with Vadio
by Daniel Adrian Sanchez On the heels of the rumored deal between Warner Music Group and top premium music video streamer Vevo reported on DigitalMusicNews.com, video distribution platform Vadio, together with Warner Music Group, announced a […]
Warner Music Group and Vevo Close to Reaching Content Deal
by Daniel Adrian Sanchez It looks like the ice is breaking between top online music video hosting service Vevo and Warner Music Group.  Right behind several top video hosts Google, Yahoo, Facebook, and YouTube, Vevo — […]
Streaming Is Saving Warner Music Group
by Charlotte Hassan Streaming surge drives double-digit revenues at Warner Music Group. Today, (May 6th) Warner Music Group released their Q2 financials showing double-digit revenue growth.  The company’s revenue increased by a massive 10% — or […]