Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
C lass A shares of Warner Music Group (NASDAQ:WMG) on Wednesday rose more than 6% in extended trading, after the record label ...
Global music and streaming revenues grew 10% in 2023, but amid mass layoffs and restructuring, executives warn of a ...
"It solves a real stack problem for them," says Matt Pincus, founder and CEO of MUSIC. By Glenn Peoples In a New Year letter to staff in January, Warner Music Group CEO Robert Kyncl said the ...
Warner Music Group (WMG) revenue reached a record $1.75 billion from October through December, the company announced Wednesday (Feb. 7). That’s up 17.5% from the prior-year quarter (up 15.9% at ...
IFPI has launched its Global Music Report with a positive result for all regions of the world as streaming and physical both ...
The media and entertainment industry's reckoning continues in 2024 with more layoffs, as rising costs and debt-ridden balance sheets continue to weigh on the embattled sector. But all of that wasn ...
Global recorded music revenues increased by 10.2% in 2023, according to IFPI. The recording industry trade body has issued its all-important Global Music Report for the past 12 months. Following a ...
Are you a print subscriber? Activate your account. 53 min 20 sec ago By Jon Springer - 1 hour 55 min ago By Erika Wheless - 2 hours 10 min ago By Steve Passwaiter - 4 hours 40 min ago By Marcus ...