Warner Music Group Corp - Company Profile
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Business Description
Warner Music Group Corp (WMG) is a music and entertainment company that markets, sells and licenses recorded music in various physical and digital formats. The company’s collection of record labels in the music industry includes Atlantic Records, Warner Records, Elektra Records, and Parlophone Records. It also owns Warner Chappell Music, a major music publisher with over one million copyrights in its catalog. WMG supports the independent music community through its ADA division and offers a range of artist services via WMX. Warner Music Entertainment, another prominent brand within the company, is involved in film and television storytelling.
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Business Segments
Overview
Owns and acquires rights to musical compositions, from composers, songwriters, and other rights holders. Classified revenue from four royalty sources: digital, synchronization, mechanical, and performance.
Performance
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Overview
Markets, sells and licenses recorded music in various physical and digital formats. Also offers artists services such as direct-to-consumer sales, social publishing, touring, concert promotion, ticketing, sponsorship, fan clubs, artist websites, and artist and brand management. Conduct recorded music business through a collection of record labels including Canvasback, East West, Asylum, Big Beat, Erato, FFRR, Nonesuch, Spinnin’ Records, Parlophone, Reprise, Sire, TenThousand Projects, Warner Classics and Warner Music Nashville
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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