Industry
Entertainment
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.
Loading...
Open
32.30
Mkt cap
17B
Volume
1.4M
High
33.08
P/E Ratio
31.63
52-wk high
38.05
Low
32.30
Div yield
0.02
52-wk low
27.06
Portfolio Pulse from richadhand@benzinga.com
July 25, 2023 | 8:29 am
Portfolio Pulse from Nabaparna Bhattacharya
July 18, 2023 | 4:31 pm
Portfolio Pulse from Benzinga Newsdesk
July 18, 2023 | 2:56 pm
Portfolio Pulse from Happy Mohamed
July 18, 2023 | 2:04 pm
Portfolio Pulse from Happy Mohamed
July 18, 2023 | 2:03 pm
Portfolio Pulse from Benzinga Newsdesk
July 13, 2023 | 2:06 pm
Portfolio Pulse from Chris Katje
July 10, 2023 | 4:46 pm
Portfolio Pulse from Benzinga Newsbot
July 05, 2023 | 10:10 am
Portfolio Pulse from Benzinga Insights
June 29, 2023 | 12:02 pm
All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.