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November 22, 2022
Revenue and income rose year-over-year for WARNER MUSIC GROUP CORP. in fiscal fourth quarter 2022, with revenue up 9% (16% in constant currency) to $1.5 billion and net income rising from $30 million to $150 million. Adjusted OIBDA increased 22% (33% in constant currency) to $265 million.The Recorded Music divisions revenue increased 6% to $1.2 billion, with digital revenue up 3% to $830 million. Streaming revenue was up 4.7% (or 10.4% in constant currency), adjusted for the impact of a new ...
November 22, 2022
WMG earnings call for the period ending September 30, 2022.
October 26, 2022
Beholding to qanon fanatics. its far from clear that speaker mccarthy would be able to marshal votes necessary to avoid engineering an economic cataclysm. joining me now is aaron elevens, author of -- the senior writer for new york magazine. great to have you here, eric. >> thanks for having me. >> lets talk about the history here, right? so 2011, they did this. and it was a kind of brings man ship that was worse than it ever had been before. but was recognized to be sort of in line with other t...
September 16, 2022
During his State of the U Town Hall on Thursday evening, President Julio Frenk updated the University of Miami community on the Roadmap to Our New Century, saying that the institution remains on course to meet the goals of its ambitious strategic plan by 2025.
August 9, 2022
Financial HighlightsSolid Underlying Streaming Growth Despite Ad-Supported PressureImpressive Recovery of Artist Services with Continued Double-Digit
August 9, 2022
WARNER MUSIC GROUP second quarter revenue grew 6.9% (12.1% in constant currency) to $1.432 billion as the company cited the unfavorable impact of foreign currency exchange rates against the stronger U.S. dollar for limiting growth. Recorded Music division revenues increased 3% to $1.189 billion, while the Music Publishing division jumped 29.6% (34.6% in constant currency) to $245 million and digital revenue rose 1.7% to $944 million. Streaming revenue, boosted by a favorable COPYRIGHT BOARD ...
August 9, 2022
Despite some โheadwindsโ including an unusually strong dollar, a lighter-than-usual...
August 9, 2022
WMG earnings call for the period ending June 30, 2022.
June 16, 2022
111 Harbor Way is also home to Amazons latest Boston office and will debut a number of retail establishments later this year.
June 7, 2022
Studio Montclair presents the first-ever exhibit of work by 34 artists who have participated in Studio Montclairโs popular critique group initiative.