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The Latest Breaking News from Warner Music Group

Warner Music Group to cut 270 jobs, 4% of staff, in an effort to 'evolve'

Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant.

Los Angeles Times

Extensive archive of David Bowie’s life and work donated to V&A

The exhibition in east London will include more than 80,000 items that span six decades of the cultural icon’s career

Evening Standard

David Bowie's personal archive with 80,000 items to go on show at new UK museum centre

Original costumes, instruments, photos and handwritten lyrics are among the things visitors will be able to see

Wales Online

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A second woman files sexual assault lawsuit against Atlantic Records executives

Dorothy Carvello has launched a complaint against the label, its parent company Warner Music Group and former execs

The Guardian - UK

Dorothy Carvello is suing Ahmet Ertegun’s estate to shake up the music industry

Dorothy Carvello still remembers the day she was fired from her dream job at Atlantic Records for playing by the rules.

Los Angeles Times

Late Atlantic Records founder Ahmet Ertegun sued for sexual abuse by recording executive

NEW YORK — The late and legendary music executive Ahmet Ertegun was accused of sexually abusing a female executive, with the Rock & Roll Hall of Fame inductee charged in a Manhattan lawsuit with molesting the plaintiff during a helicopter ride and openly masturbating in front of her.

Tribune News Service

Late Atlantic Records founder Ahmet Ertegun accused of sexual assault

Posthumous lawsuit brought by Jan Roeg, who worked as a talent scout, alleges a long history of harassment and assault

The Guardian - UK

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Nearly 16 years after his death, Atlantic Records CEO Ahmet Ertegun accused of assault

A former music manager has accused Ahmet Ertegun, the late co-founder and longtime chief executive of Atlantic Records, of sexually assaulting her multiple times spanning decades, and she alleges that the record company covered it up.

Los Angeles Times

Warner Music arm seeks Russian deals despite business suspension

Exclusive: ADA Russia and French company Believe appear to be conducting business after pledges made after Ukraine invasion

The Guardian - UK

Warner Music posts third quarter revenue boost

Label that houses artists including Dua Lipa, Kylie Minogue and Coldplay beat expectations

Evening Standard

Analyst Ratings for Warner Music Group

Analysts have provided the following ratings for Warner Music Group (NASDAQ:WMG) within the last quarter:

Benzinga

Analyst Ratings for Warner Music Group

Within the last quarter, Warner Music Group (NASDAQ:WMG) has observed the following analyst ratings:

Benzinga

Morgan Stanley Maintains Overweight Rating for Warner Music Group: Here's What You Need To Know

Morgan Stanley has decided to maintain its Overweight rating of Warner Music Group (NASDAQ:WMG) and lower its price target from $50.00 to $40.00. Shares of Warner Music Group are trading down 4.05% over the last 24 hours, at $27.96 per share.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For April 25, 2022

Benzinga

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Benzinga

A Bearish Sign Appears On Warner Music Group's Chart

If history is any guide, there may be trouble ahead for shares of Warner Music Group (NASDAQ:WMG). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

Warner Music Group's Ex-Dividend Date Is Wednesday, Here's What You Need To Know

Wednesday marks the last chance for investors to receive the next dividend payout from Warner Music Group (NASDAQ:WMG).

Benzinga

Where Warner Music Group Stands With Analysts

Warner Music Group (NASDAQ:WMG) has observed the following analyst ratings within the last quarter:

Benzinga

Warner Music Group's Return On Capital Employed Insights

According to Benzinga Pro, during Q1, Warner Music Group (NASDAQ:WMG) earned $188.00 million, a 526.67% increase from the preceding quarter. Warner Music Group also posted a total of $1.61 billion in sales, a 17.3% increase since Q4.

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Benzinga

Recap: Warner Music Group Q1 Earnings

Warner Music Group (NASDAQ:WMG) reported its Q1 earnings results on Tuesday, February 8, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

Warner Music Group Delves Deeper Into NFTs: What Investors Should Know

Less than a week after announcing a partnership that could lead to an increased involvement of its artists with NFTs and the metaverse, Warner Music Group Corp (NASDAQ: WMG) is announcing another NFT related partnership.

Benzinga

Warner Music Group Launches Music World In Metaverse With Sandbox: What Investors Should Know

One of the largest music publishers is pushing into the metaverse with a partnership with a leading digital land company. Here’s the details and what it could mean in the future.

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