Company Warner Music Group Corp.

Equities

WMG

US9345502036

Entertainment Production

Real-time Estimate Cboe BZX 10:04:38 2024-03-28 am EDT 5-day change 1st Jan Change
33.34 USD +0.05% Intraday chart for Warner Music Group Corp. +2.62% -6.82%

Business Summary

Warner Music Group Corp. is a holding company that is primarily engaged in music entertainment. The Company's segments include Recorded Music and Music Publishing. The Recorded Music segment consists of the discovery and development of recording artists and the related marketing, promotion, distribution, sale, and licensing of music created by such recording artists. In the United States, its Recorded Music business is conducted principally through its record labels, such as Atlantic Records and Warner Records. It also conducts its Recorded Music business through a collection of additional record labels, including Asylum, Big Beat, Canvasback, East West, Erato, Reprise, Sire, Warner Classics and Warner Music Nashville. The Music Publishing segment is focused on marketing, promoting, distributing, and licensing a particular recording of a musical composition. The operations of its Music Publishing business are conducted through Warner Chappell Music, its global music publishing company.

Number of employees: 5,900

Sales per Business

USD in Million2022Weight2023Weight Delta
Recorded Music
82.1 %
4,966 83.9 % 4,955 82.1 % -0.22%
Music Publishing
18.0 %
958 16.2 % 1,088 18.0 % +13.57%
Corporate Expenses and Eliminations
-0.1 %
-5 -0.1 % -6 -0.1 % +20.00%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
45.8 %
2,744 46.4 % 2,766 45.8 % +0.80%
All Other Territories
33.3 %
1,828 30.9 % 2,010 33.3 % +9.96%
United Kingdom
12.0 %
734 12.4 % 726 12.0 % -1.09%
Germany
8.9 %
613 10.4 % 535 8.9 % -12.72%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 20 377,103,200 0 0 24.92 %
Stock B 1 140,777,952 129,038,887 ( 91.66 %) 0

Shareholders

NameEquities%Valuation
Fidelity Management & Research Co. LLC
10.28 %
14,474,588 10.28 % 506 M $
Vanguard Global Advisers LLC
8.289 %
11,669,662 8.289 % 408 M $
Capital Research & Management Co. (World Investors)
6.620 %
9,319,510 6.620 % 326 M $
6,260,317 4.447 % 219 M $
Darlington Partners Capital Management LP
3.891 %
5,477,378 3.891 % 191 M $
Fidelity Investments Canada ULC
3.693 %
5,198,892 3.693 % 182 M $
Caledonia (Private) Investments Pty Ltd.
3.436 %
4,837,336 3.436 % 169 M $
Cooke & Bieler LP
3.295 %
4,638,781 3.295 % 162 M $
Citadel Securities GP LLC
2.856 %
4,020,539 2.856 % 140 M $
Millennium Management LLC
2.802 %
3,944,283 2.802 % 138 M $
NameEquities%Valuation
Access Industries, Inc. (New York)
99.13 %
374,352,210 99.13 % 13 076 M $
Blavatnik July 2019-13 Investment Trust
1.740 %
6,570,786 1.740 % 230 M $
1,400,000 0.3707 % 49 M $
Max Lousada
0.000000 %
0 0.000000 % - $

Company contact information

Warner Music Group Corp.

1633 Broadway

10019, New York

+

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