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2 days ago · Longtime music executive Kevin Liles stepped down as the CEO of Warner Music Group’s 300 Entertainment. Liles announced his departure from WMG in a staff memo on Tuesday (September 17).
23 hours ago · Warner Music Group has secured validation from the Science Based Targets initiative (SBTi) for its near-term emissions reduction targets, pledging to halve operational emissions by 2033. In 2021, Warner, along with other major record labels Sony and Universal, signed up to the Music Industry Climate ...
4 days ago · The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.58 billion. Warner Music Group had a net margin of 8.56% and a return on equity of 101.32%. As a group, research analysts anticipate that Warner Music Group Corp. will post 1.04 EPS for the current fiscal year. Warner Music Group Increases ...
2 days ago · According to Variety, Warner Music Group acquired 300 Entertainment in 2022 for $400 million.Liles was one of the label’s co-founders alongside Lyor Cohen. 300 has repped some of the biggest names in the last decade, from Young Thug and Gunna to Megan Thee Stallion and Kehlani.
3 days ago · Shares of Warner Music Group Corp (WMG, Financial) surged 3.31% in mid-day trading on Sep 16.The stock reached an intraday high of $30.07, before settling at $29.98, up from its previous close of $29.02.
5 days ago · According to MarketBeat, Warner Music Group has an average rating of "Moderate Buy" and a consensus price target of $36.69. Read Our Latest Stock Analysis on Warner Music Group About Warner Music Group (Free Report) Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and ...
2 days ago · Warner Music Group pays a meaningful dividend of 2.58%, higher than the bottom 25% of all stocks that pay dividends. Dividend Growth. Warner Music Group does not have a long track record of dividend growth. Dividend Coverage. The dividend payout ratio of Warner Music Group is 72.00%. This payout ratio is at a healthy, sustainable level, below 75%.
