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The Latest Breaking News from WMG

Greener than green – WMG team is showcasing the future of motorsports with Waste2Race car

Designing and building a high-performance race car using recycled materials, food waste and other unlikely scraps is nothing new to the WMG team at the University of Warwick.

Autosport

Pioneering and Innovation Award shortlist

The Pioneering and Innovation Award recognises an individual or an entity that has shown a pioneering spirit or demonstrated true innovative thinking in motorsport. This could be in the fields of technology, diversity, sustainability, communications or others.

Autosport

Warner Music Group’s edgy new brand identity hits all the right notes

Pentagram's rebrand embodies “Vision and Voice”.

Creative Bloq

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Édith Piaf’s voice re-created using AI so she can narrate own biopic

In-development film comes after controversy around the re-creation of late stars’ voices, such as Anthony Bourdain

The Guardian - UK

Analyzing Entertainment Stocks: AMC Entertainment (AMC) and Warner Music Group (WMG)

The entertainment industry has been under pressure as a result of macroeconomic uncertainties. Therefore, let’s analyze whether entertainment stocks Warner Music Group (WMG) and AMC Entertainment (AMC) are worth buying.

StockNews.com

AMC Entertainment (AMC) and Warner Music Group (WMG): Are These Entertainment Stocks Worth Buying?

The ongoing writers’ strike has plagued the entertainment industry. Moreover, changing consumer spending habits in the face of inflation and rising interest rates adds complexity to the industry. Hence, will buying AMC Entertainment (AMC) and Warner Music Group (WMG) be worth it? Keep reading.

StockNews.com

Some of your favorite music is coming to Canva

Canva partners with Warner Music Group and Merlin to let users add commercially released music to content creations.

TechRadar

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Alzheimer's could be detected by taste and smell long before signs of memory loss

A new research study conducted by UK scientists is looking into a new smell and taste test that could help detect Alzheimer's disease long before its initial symptoms.

Daily Record

New smell and taste test for Alzheimer's could detect disease long before memory loss

It could help detect those who need further tests

Nottingham Post

New smell and taste test could detect Alzheimer's long before memory loss

It could help detect those who need further tests

Wales Online

Taste and smell test ‘could screen for Alzheimer’s before memory loss starts’

The test involves using a machine that will be able to create flavours accurately.

The Independent UK

NatWest teams up with Warwick Manufacturing Group for new green business initiative

WMG runs programme identifying energy use among businesses which will now be rolled out to bank's customers

Birmingham Post

MQA has gone into administration: what does this mean for Tidal and supported products?

MQA’s recent financial turmoil may end up having a knock-on effect for the companies and brands currently licensed to use the tech provider’s licensed software.

What Hi-Fi?

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

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The Guardian - UK

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

Evening Standard

Warner Music posts third quarter revenue boost

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

The Guardian - UK

That syncing feeling: how Stranger Things supercharged the music industry

The chart success of first Kate Bush and now Metallica thanks to ‘syncs’ in Stranger Things shows how TV shows and TikTok are increasingly crucial for heritage acts

Benzinga

Warner Music Group CEO Plans To Step Down Next Year

Warner Music Group Corp (NASDAQ:WMG) disclosed planning for the succession of CEO and director Stephen Cooper. WMG expects the transition to happen by the end of 2023. Cooper has served as CEO since 2011. He will continue to serve as CEO and director until his successor is appointed. WMG reported second-quarter FY22 revenue growth of…

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Birmingham Post

Battery pioneer Britishvolt strengthens partnership with Midlands university in multimillion-pound deal

The deal between Britishvolt and WMG, University of Warwick follows a 12-month project between the two organisations

RideApart

Norton Motorcycles Announces Ambitious Electric Bike Development Plans

Norton Motorcycles is making moves in 2022, announcing its first-ever electric bike project shortly after launching its first new bike since TVS took control.

Benzinga

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

Warner Music Q1 Growth Slows, EPS Dops Y-o-Y

Warner Music Group Corp (NASDAQ:WMG) reported second-quarter FY22 revenue growth of 10% year-on-year to $1.376 billion, missing the consensus of $1.38 billion. Recorded Music revenue grew 8% Y/Y to $1.15 billion. Music Publishing increased 20% Y/Y to $230 million, and Digital grew 8% Y/Y to $931 billion. Adjusted OIBDA margin decreased 50 bps…

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

Western Magnesium Plans To Raise $3M Via Debt Offering

Western Magnesium Corp (TSXV:WMG) (OTC:MLYF) plans a private placement of unsecured convertible notes of $3 million, strengthening its balance sheet as the company prepares to bring its commercial pilot plant on-line. The offering of a 15% unsecured convertible debenture in the principal amount of $3 million will be convertible into shares of common…

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