Warner Music Group pulls a Sony and lets go of most of its Spotify shares. But, why? Warner Music Group Corp. has announced that it has sold around 75% of its shares in Spotify. The company received $400 million. WMG CEO Stephen Cooper stated that $3…
Category archives: Warner Music Group
Warner recorded music revenues jump 15% to hit $791m in first quarter of 2018
Greatest Showman and Bruno Mars contribute to robust fiscal Q2 performance
The post Warner recorded music revenues jump 15% to hit $791m in first quarter of 2018 appeared first on Music Business Worldwide.
Warner Music Group promotes Alex Kamins to Vice President, Global Digital Business Development role
Exec most recently served as Senior Director, Digital Strategy & Business Development
The post Warner Music Group promotes Alex Kamins to Vice President, Global Digital Business Development role appeared first on Music Business Worldwide.
Nonesuch hires Republic’s Dan Cohen as VP of Marketing
Marketing exec has worked with Lorde, John Mellencamp, Jack Johnson, Mondo Cozmo, Phantogram and Marian Hill
The post Nonesuch hires Republic’s Dan Cohen as VP of Marketing appeared first on Music Business Worldwide.
Absolute inks worldwide deal with Cherry Red for Warner-divested catalogues
The deal includes 13 discographies, including Dinosaur Jr, Renaissance, Four-play, Third Ear Band, Greenslade, Marc Almond and Howard Jones
The post Absolute inks worldwide deal with Cherry Red for Warner-divested catalogues appeared first on Music Bus…
Warner streaming revenue jumped 43% in 2017, as total recorded music sales topped $3bn
Warner’s 12-month recorded music revenue tops $3bn as streaming contributes $1.4bn
The post Warner streaming revenue jumped 43% in 2017, as total recorded music sales topped $3bn appeared first on Music Business Worldwide.
Warner Music Group launch record label in the Middle East
Label to be headed by Moe Hamzeh who joins from Beirut-based video streaming platform, m.media
The post Warner Music Group launch record label in the Middle East appeared first on Music Business Worldwide.
Pete Ganbarg named President of A&R at Atlantic Records
Veteran exec promoted to newly created role
The post Pete Ganbarg named President of A&R at Atlantic Records appeared first on Music Business Worldwide.
Warner streaming revenues jump 48% in FY2017 as recorded music sales top $3bn
Streaming revenues jump above $1.3bn in 12 months to end of September
The post Warner streaming revenues jump 48% in FY2017 as recorded music sales top $3bn appeared first on Music Business Worldwide.
Need Funding? Then Talk to the Ex-President of Warner Music Group
Edgar Bronfman Jr.’s venture capital firm will focus on investing in small-time media companies. Former Warner Music Group President Edgar Bronfman Jr. has started a venture capital firm with longtime investor Daniel Leff. According to Bloomberg, the V…