News Digest / Ticker: WMG

Ticker: WMG

06:44am, Thursday, Aug 08, 2024
Warner Music Group (NASDAQ: WMG) reported a 1% revenue increase in Q3 2024, driven by a 9% surge in music publishing. Subscription streaming rose 14%, but recorded music dropped 1% amid a soft ad market. The company is restructuring to enhance talent development.