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 ...
IFPI has launched its Global Music Report with a positive result for all regions of the world as streaming and physical both ...
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 ...
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 ...
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 ...
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 ...