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Warner Music Group Reports Results For The Second Quarter

WARNER MUSIC GROUP has released second-quarter financial results for the period ended MARCH 31st, 2021.
Following a strong first quarter, I’m happy to report that our momentum continued in Q2, and our business is stronger than ever, said CEO STEVE COOPER. Despite the ongoing pandemic, we generated double-digit revenue growth in both recorded music and music publishing. Our success was driven by chart-topping new releases from our incredible artists and songwriters, as well as bold and imaginative execution from our world-class operators. We’re excited about the rest of year, as we have a fantastic slate of new music coming from established superstars and emerging talent.” ....

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Warner Music Group Warner Music Group Announces Groundbreaking Partnership With and Investment in Wave

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Warner Music Group Announces Groundbreaking Partnership With and Investment in Wave
Wide-Ranging Collaboration Allows Wave to Expand Virtual Entertainment Experiences and Monetization Opportunities for WMG’s Roster of Artists
Warner Music Group (WMG) today announced a groundbreaking partnership with and investment in Wave, the leader in virtual entertainment. Through this collaboration, Wave will develop virtual performances, experiences, and monetization opportunities for WMG’s global roster of emerging and established artists. This includes new forms of ticketing, sponsorship, and in-show interactions for fans.
The agreement strengthens the relationship between Wave and the renowned music company as WMG continues to amplify virtual experiences for artists worldwide across its family of labels, including Atlantic, Elektra, Parlophone, Warner Records, and others. WMG’s entrepreneurial approach has borne partnerships with companies shaping the ....

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Wave to Close its VR Concert App

Alison Wonderland's performance in February is still going ahead. ....

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