Warner Music Group Corp. Class A Company Profile
NASDAQ: WMGConsumer DiscretionaryServices-Misc. Amusement & RecreationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 28.72 0.00%
Warner Music Group at a glance
Warner Music Group Corp. Class A (NASDAQ: WMG) is a Services-Misc. Amusement & Recreation company in the Consumer Discretionary sector headquartered in New York, NY. Warner Music Group is led by Mr. Robert Kyncl and employs about 5,500 people. The company's shares have traded publicly since 2020.
At a market capitalization of $15.12 billion, it is considered a large-cap company. Its SEC Central Index Key (CIK) is 0001319161, which identifies the company's filings on EDGAR.
Summary generated from market data by MetaCap's automated system. Methodology
What does Warner Music Group do?
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.
Business description based on the company's public filings.
Company information
- Legal name
- Warner Music Group Corp. Class A
- Ticker
- NASDAQ: WMG
- Sector
- Consumer Discretionary
- Industry
- Services-Misc. Amusement & Recreation
- CEO
- Mr. Robert Kyncl
- Employees
- 5,500
- Headquarters
- 1633 Broadway, New York, NY, United States
- Phone
- 212 275 2000
- Website
- wmg.com
- IPO year
- 2020
- Market cap
- $15.12B
- SEC CIK
- 0001319161
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