Warner Music Group Corp - Ordinary Shares - Class A Aktie News

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Bryan Castellani, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21st, at 10:50 a.m. ET.

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per share on WMG's Class A Common Stock and Class B Common Stock. The dividend is payable on June 3, 2024, to stockholders of record as of the close of business on May 23, 2024.

Shares in Warner Music Group Corp fell 6% after earnings from the publisher of Cardi B, Dua Lipa, Ed Sheeran, Michael Bublé and Lizzo came in shy of Wall Street's expectations.   Revenue of $1.49 billion was generated in the group's fiscal second quarter, up 7% year-on-year, and just ahead of the $1.48 billion average analyst estimate.

Warner Music Group (NASDAQ:WMG) stock has jumped by almost 2% after the group reported a strong financial performance for the fiscal second quarter ending March 31, 2024, showcasing robust growth across its Recorded Music and Music Publishing divisions.

Warner Music Group Inc.'s stock WMG, +1.60% fell 3.4% early Thursday, after the company posted weaker-than-expected first-quarter profit. The company had net income of $96 million, or 18 cents a share, for the quarter, up from $34 million, or 6 cents a share, in the year-earlier period.

Financial Highlights Solid Results Driven by Growth Across Recorded Music and Music Publishing Recorded Music Results Underpinned by an Acceleration in Subscription Streaming Music Publishing Delivered Revenue Growth of 19% Reiterating Full-Year Operating Cash Flow Conversion Guidance of 50-60% For the three months ended March 31, 2024 Total revenue increased 7% , the same in constant currency ...

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, May 9, 2024, for the second quarter ended March 31, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET.

Warner Music Group will not submit an offer to acquire French digital music company Believe , the music label said in a statement on Saturday.