Warner Music Group

Public profile

Warner Music Group Corp., commonly abbreviated as WMG, is an American multinational entertainment and record label conglomerate headquartered in New York City. It is one of the "Big Three" recording companies and the third-largest in the global music industry, after Universal Music Group and Sony Music Entertainment. Formerly owned by Time Warner, the company sold WMG in 2004 to a group of private investors led by Edgar Bronfman Jr., in a move to alleviate Time Warner's debt load related to its merger with AOL. WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company.

📖 Wikipedia 📈 WMG

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📊 FinancialWMG · NASDAQ

$33.43

+0.62 · +1.89%

Prev close: $32.81

Mkt cap$14.9B

Open$32.75

High$33.65

Low$32.06

% from low4.27%

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▾ 📰 Recent news6headlines · WMG

Dividend Champion, Contender, And Challenger Highlights: Week Of May 17
SeekingAlpha· 1d ago

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Read the full analysis here.
Warner Music Group Corp. to Participate in J.P. Morgan Global Technology, Media and Communications Conference
Yahoo· 2d ago

NEW YORK, May 14, 2026--Warner Music Group Corp. announced today that Armin Zerza, Chief Operating Officer and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan Global T…
We Think Warner Music Group's (NASDAQ:WMG) Healthy Earnings Might Be Conservative
Yahoo· 2d ago

Shareholders appeared to be happy with Warner Music Group Corp.'s ( NASDAQ:WMG ) solid earnings report last week. This...
Why Are Warner Music Group (WMG) Shares Soaring Today
Yahoo· 4d ago

Shares of global music entertainment company Warner Music Group (NASDAQ:WMG) jumped 6% in the afternoon session after the company reported strong first-quarter 2026 earnings that surpassed Wall Street's expectations.
WMG Q1 Deep Dive: Streaming, Catalog, and AI Drive Margin Expansion
Yahoo· 4d ago

Global music entertainment company Warner Music Group (NASDAQ:WMG) announced better-than-expected revenue in Q1 CY2026, with sales up 16.7% year on year to $1.73 billion. Its GAAP profit of $0.35 per share was 30.2% a…
Warner Music Group Corp. Just Recorded A 27% EPS Beat: Here's What Analysts Are Forecasting Next
Yahoo· 5d ago

Warner Music Group Corp. ( NASDAQ:WMG ) defied analyst predictions to release its second-quarter results, which were...

▾ 🔗 Overlaps · same entity in both tables7matches

Entries the AI flagged as overlapping between Subsidiaries and Segments. Read both rows together — the subsidiary row shows the one-time deal; the segment row shows the recurring revenue contribution.

🏢 Atlantic Records ↔ 🧩 Recorded Music 📊 operational view

Atlantic Records is a fully-owned subsidiary that operates within the 'Recorded Music' segment. The subsidiary row details its individual estimated value, while the segment row represents the consolidated performance of all recorded music labels.
🏢 Warner Records ↔ 🧩 Recorded Music 📊 operational view

Warner Records is a fully-owned subsidiary that operates within the 'Recorded Music' segment. The subsidiary row details its individual estimated value, while the segment row represents the consolidated performance of all recorded music labels.
🏢 Parlophone Records ↔ 🧩 Recorded Music 📊 operational view

Parlophone Records is a fully-owned subsidiary that operates within the 'Recorded Music' segment. The subsidiary row details its individual estimated value, while the segment row represents the consolidated performance of all recorded music labels.
🏢 Elektra Music Group ↔ 🧩 Recorded Music 📊 operational view

Elektra Music Group is a fully-owned subsidiary that operates within the 'Recorded Music' segment. The subsidiary row details its individual estimated value, while the segment row represents the consolidated performance of all recorded music labels.
🏢 ADA (Alternative Distribution Alliance) ↔ 🧩 Recorded Music 📊 operational view

ADA is a fully-owned subsidiary that operates within the 'Recorded Music' segment, providing distribution services. The subsidiary row details its individual estimated value, while the segment row represents the consolidated performance of all recorded music labels.
🏢 300 Entertainment ↔ 🧩 Recorded Music 📊 operational view

300 Entertainment is a fully-owned subsidiary that operates within the 'Recorded Music' segment. The subsidiary row details its individual estimated value, while the segment row represents the consolidated performance of all recorded music labels.
🏢 Warner Chappell Music ↔ 🧩 Music Publishing 📊 operational view

Warner Chappell Music is the core entity of WMG's 'Music Publishing' segment. The subsidiary row represents the entity itself, while the segment row details the overall financial performance of the publishing business unit.

▾ 🧩 Sum of the parts10 rows · est. $42B total

Name	Type	% stake	Paid	Annual rev	Now worth	×% our share	Note
Recorded Music ↔ 300 Entertainment · acq. 2021	🧩+🏢 merged	100.0%	$0.4B	$6.0B	$20.0B	$20.0B	Comprises the discovery and development of artists, and the marketing, promotion, sale, and licensing of music globally.(acquisition price)
Music Publishing ↔ Warner Chappell Music	🧩+🏢 merged	100.0%	—	$1.5B	$9.0B	$9.0B	Involves the administration and monetization of musical compositions through various licenses and royalties.(estimate)
Other	🧩 segment	100.0%	—	—	—	—	holdings not assigned to a reported segment
ADA (Alternative Distribution Alliance)	🏢 subsidiary	100.0%	—	—	$0.8B	$0.8B	WMG's independent music distribution and services arm.(estimate)
Atlantic Records	🏢 subsidiary	100.0%	—	—	$5.0B	$5.0B	Major record label under Warner Music Group, home to numerous prominent artists.(estimate)
Elektra Music Group	🏢 subsidiary	100.0%	—	—	$1.2B	$1.2B	Re-established label group encompassing Elektra, Fueled by Ramen, and Roadrunner Records.(estimate)
IMGN Media · acq. 2020	🏢 subsidiary	100.0%	$0.1B	—	$0.1B	$0.1B	Social media and content company acquired by WMG, focusing on Gen Z audiences.(acquisition price)
Parlophone Records · acq. 2013	🏢 subsidiary	100.0%	$0.8B	—	$1.0B	$1.0B	Acquired from Universal Music Group as part of EMI divestments, known for artists like Coldplay.(acquisition price)
Warner Records	🏢 subsidiary	100.0%	—	—	$4.5B	$4.5B	One of WMG's flagship record labels, with a rich history and diverse artist roster.(estimate)
Hipgnosis Songs Fund Limited 📈 SONG $0.07+152.52% · acq. 2024	💼 minority stake	0.0%	$0.0B	—	$0.0B	$0.0B	WMG's publishing arm, Warner Chappell Music, made a minority investment in Hipgnosis Songs Fund.(live market cap)