Warner Music Group . Stock News

Warner Music Group (NASDAQ:WMG) had its target price boosted by equities researchers at Credit Suisse Group from $48.00 to $50.00 in a research report issued to clients and investors on Friday, The Fly reports. The brokerage currently has an outperform rating on the stock. Credit Suisse Groups price target indicates a potential upside of 16.39% []

Major music stocks have been star performers over the past year. Expect the music to keep playing as industry leaders see continued growth.

Warner Music Group (NASDAQ:WMG) had its price target upped by Citigroup from $48.00 to $49.00 in a research note issued to investors on Friday morning, PriceTargets.com reports. Citigroup currently has a neutral rating on the stock. Other analysts also recently issued research reports about the company. Bank of America downgraded Warner Music Group from a []

The company is raising $535m in debt to support the potential acquisition, FT reports

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (Warner Music Group or WMG) announced today that through its wholly owned subsidiary WMG Acquisition Corp. (the Company) it has commenced a private offering (the Offering) of $535 million aggregate principal amount of senior secured notes (the Notes).

NEW YORK, Nov. 17, 2021 /PRNewswire/ -- Warner Music Group (WMG) today announced the launch of WMX, a next generation services division that will connect artists with fans and amplify brands in creative, immersive, and engaging ways. The new division includes a rebranded WEA commercial

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Warner Music Group (NASDAQ:WMG) issued its quarterly earnings results on Sunday. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters consensus estimate of $0.15 by ($0.10), Briefing.com reports. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. Warner Music Group had []

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Warner Music Group Corp (NASDAQ:WMG) stock fell 3.07% (As on Nov 16, 11:22:38 AM UTC-4, Source: Google Finance) after the company reported adjusted net income The post Warner Music Group Corp (NASDAQ:WMG) misses the earnings estimates appeared first on FXDailyReport.Com .

Universal Music Group has named Matt Young president of Bravado, its merchandise company. Matt Vlasic stepped down as the CEO of the company in October of last year. Based at Bravados New York offices, Young will report to Richelle Parham, UMGs president of global e-commerce and business development. Young joins Bravado from Warner Music Group, where he spent 13 []

Snapchat this week struck a deal with Sony Music to bring even more songs to its camera platform, as the company prefers to call it. While the terms of the deal were not disclosed, Snapchat is now a partner with all three major record labels, including Universal Music Group and Warner Music Group. The deal […] The post Snapchat signs new deal with Sony Music appeared first on TECHTELEGRAPH .