Warner Music Group Corp - Company Profile
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Warner Music Group Corp (WMG), a subsidiary of Access Industries Inc, is a provider of music and entertainment products. It markets, sells and licenses recorded music in various physical and digital formats. The company also owns and acquires rights to musical compositions and exploits and markets these compositions. WMG’s collection of record labels in the music industry includes Atlantic Records, East West, Canvasback, Asylum, FFRR, Fueled by Ramen, Erato, Parlophone, Reprise, Elektra, Nonesuch, Roadrunner, Sire, Rhino, Warner Classics, and Warner Music Nashville, and music publishers, such as Warner Chappell Music. It publishes music across a range of musical styles and holds rights in copyrights from songwriters and composers. The company has a business presence across the US, the UK, Germany, China, France, Brazil, Australia, South Korea, Canada, and Japan. WMG is headquartered in New York, the US.
Headquarters
United States of America
Address
1633 Broadway, New York, 10019
Website
www.wmg.com
Telephone
1 302 6365401
No of Employees
5,500
Industry
Media
Ticker Symbol & Exchange
WMG (NASD)
Revenue (2024)
$6.7B
4.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-16.1%
(2024 vs 2023)
Market Cap*
$17.5B
Net Profit Margin (2024)
XYZ
-19.7%
(2024 vs 2023)
* As of and is in US$
Warner Music Group Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Recorded Music | Marketing, and Licensing of Recorded Music | Warner Bros |
| Digital Content | Music Publications | The Atlantic Records |
| Vinyl and CDs | Streaming and Download Services | Asylum |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company partnered with Paramount Pictures to create theatrical films inspired by the lives and music of WMG's iconic artists and songwriters. |
| 2026 | Contracts/Agreements | In April, the company entered into a global partnership with H//PE Princess. |
| 2026 | Contracts/Agreements | In April, the company signed a definitive agreement to acquire Revelator, the innovative B2B music platform. |
Competitor Comparison
| Key Parameters | Warner Music Group Corp | Virgin Records Ltd | Hollywood Records Inc | Kobalt Music Group Ltd | Sony Music Entertainment, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | United States of America | United States of America | United States of America |
| City | New York | London | Burbank | New York City | New York City |
| State/Province | New York | England | California | New York | New York |
| No. of Employees | 5,500 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Lynton | Chairman | Executive Board | 2019 | 65 |
| Robert Kyncl | Chief Executive Officer; Director | Executive Board | 2023 | 55 |
| Armin Zerza | Chief Financial Officer; Executive Vice President | Senior Management | 2025 | - |
| Hannah Karp | Chief Communications Officer; Executive Vice President | Senior Management | 2026 | - |
| Maria Osherova | Chief People Officer; Executive Vice President | Senior Management | 2014 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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