Warner Music Group . Stock News

Warner Music Group is among the major industry players looking to take advantage of new opportunities overseas.

Shares of Warner Music Group have fallen in sympathy with the markets this year, down ~30% YTD. Fundamental performance, however, remains solid. The company is experiencing growth in streaming revenue

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 t

Warner Music Group Corp. (NASDAQ:WMG ) Q2 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Kareem Chin - IR Steve Cooper - CEO Eric Levin - CFO Conference Call Participants B

Warner Music Group Corp. (WMG) delivered earnings and revenue surprises of -14.29% and 0.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock

Warner Music Group (WMG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Warner Music Group Corp. (WMG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, May 10, 2022, for the second quarter ended March 31, 2022, and will hold an earning

The following stocks have underperformed the broader market recently. They are also in financial distress, as represented by low Altman Z-Scores, meaning that they could go bankrupt within the next se

Entrepreneur, fashion influencer, DJ and NFT lover Paris Hilton is partnering with The Sandbox (CRYPTO: SAND ), a leading virtual world metaverse company. Here are the details. What Happened: Paris Hilton announced a new partnership with The Sandbox during a DJ set at SXSW (South by Southwest) Tuesday. Hilton’s 11:11 Media partnered with The Sandbox. “Hilton, her avatar, and her love of all things fashion, music, and animals are entering The Sandbox to bring her community and unique vision to the virtual world,” according to the press release. The Sandbox is a leader in the metaverse and growth of virtual land assets. The company has partnerships with more than 200 celebrities and companies including Snoop Dogg , Adidas AG - ADR (OTC: ADDYY ), Warner Music Group Corp (NASDAQ: WMG ), Steve Aoki , Deadmau5, The Smurfs, … Full story available on Benzinga.com

The former leader of one of the most well-known companies has joined the board of directors of a metaverse company. What Happened: Former Walt Disney Co (NYSE: DIS ) CEO Bob Iger is joining the board of directors of Genies Inc , a company he also invested in. “I was particularly interested in companies that were using technology for disruptive purposes and, where possible, the intersection between technology and creativity,” Iger told The Wall Street Journal. Genies has partnerships with Universal Music Group and Warner Music Group Corp (NASDAQ: WMG ) and has onboarded musicians including Justin Bieber, Rihanna and Cardi B to the platform. Iger was said to be attracted to Genies because of the ability for users to create and sell their own virtual goods. “Imagine, you know, letting someone buy a Mickey Mouse avatar and customizing it in a way that not only would we never allow it before, but it was kind of hard to do in the physical world.” About Genies: Operating with a motto of creating “the fantasy version of you,” Genies offers customizable avatars for its users.

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Deutsche Bank analyst Benjamin Black initiated coverage of stocks under the Recorded Music and Music Publishing category. The category was "largely underpenetrated, under-monetized, and flush with optionality," now driven by social media, gaming, digital fitness. The music business, which has been volatile over the last two decades, demonstrated much more excellent stability in trends, Black added. Black initiated Spotify Technology SA (NYSE: SPOT ) with a Hold and … Full story available on Benzinga.com

LifeScore, a London, UK-based AI music technology company, raised £11m in Series A funding. The round, which brings the total funding raised to date to £12m, was led by Octopus Ventures, with participation from Warner Music Group, IDEO and 4 Good Ventures. Additional investment was received from existing investor Metaplanet Holdings OÜ, an early backer. […] The post LifeScore Raises £11M in Series A Funding appeared first on FinSMEs .

Warner Music Group has suspended all of its operations in Russia amid the ongoing conflict in Ukraine, the company has confirmed.