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Warner Music Takes Majority Stake In Spanish Artist Manager Get In - 1 Comment
Posted By Joseph Weisenthal - Tue 12 Aug 2008 12:52 PM PST

Warner Music continues to push beyond recorded music… the struggling label has taken a majority stake in Get In, a Spanish artist management firm, according to Reuters. Terms of the…

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10-Q Watch: WMG’s Digital Investments: $15 Million For Imeem; $20 Million For LaLa Confirmed - 0 Comments
Posted By Joseph Weisenthal - Thu 07 Aug 2008 09:08 AM PST

Warner Music Group (NYSE: WMG) reported better than expected profits this morning, helped in part by solid digital growth. In its 10-Q, the company provides some detail on its investment…

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WMG Call: Bronfman: We’re Not Doing As Bad As The Rest Of The Music Industry - 3 Comments
Posted By David Kaplan - Thu 07 Aug 2008 05:30 AM PST

Edgar Bronfman, Jr., Warner Music Group’s Chairman and CEO, began the call offering a set stats designed to show how the company is outpacing the rest of the music industry—or…

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Earnings: Warner Music Group Q2 Digital Revs Rise 39 Percent; Net Loss Reduced - 0 Comments
Posted By David Kaplan - Thu 07 Aug 2008 04:50 AM PST

Considering the wider decline of the traditional music industry, Warner Music Group (NYSE: WMG) had a pretty good quarter, as the company’s Q2 net loss narrowed to $9 million from…

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Industry Moves: Pelson Leaves Warner Music; Back at uPlayMe Again - 0 Comments
Posted By Rafat Ali - Tue 29 Jul 2008 09:54 AM PST

Dan Pelson, the SVP of Global Consumer Marketing at Warner Music Group (NYSE: WMG), has left the company and joined back as the CEO of music sharing service uPlayMe, again.…

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Earnings: WMG Revs Up 2 Percent; Loss Deepens; Digital Up 47.6 Percent; Dividend Cancelled - 0 Comments
Posted By Joseph Weisenthal - Thu 08 May 2008 04:22 AM PST

Another challenging quarter for Warner Music Group (NYSE: WMG), which has suspended its dividend in the name of “financial flexibility.” The label announced quarterly revenue of $800 million, up 2…

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Industry Moves: WMG’s Bronfman Taps Jim Griffin To End Industry’s ‘Tarzan Economics’ Model - 0 Comments
Posted By David Kaplan - Thu 27 Mar 2008 02:41 PM PST

Former Geffen Records’ digital chief Jim Griffin has been hired by Warner Music Group (NYSE: WMG) to head up the company’s efforts to offer unlimited access to online music in…

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Industry Moves: Michael Nash Will Head Digital For WMG - 0 Comments
Posted By Staci D. Kramer - Mon 25 Feb 2008 12:14 PM PST

The official word is out that Alex Zubillaga will be leaving as the head of digital strategy for Warner Music Group (NYSE: WMG) and, with it, confirmation that Michael Nash,…

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Industry Moves: WMG Digital Head Alejandro Zubillaga Leaving; Mission ‘Sort Of Fulfilled’ - 0 Comments
Posted By Staci D. Kramer - Sun 24 Feb 2008 10:28 PM PST

The head of Warner Music Group’s (NYSE: WMG) aggressive digital music strategy is leaving, according to the Wall Street Journal. Alejandro Zubillaga, a brother-in-law of WMG Chairman Edgar Bronfman, Jr.,…

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News Corp. Working On Music ‘Hulu’ For MySpace - 6 Comments
Posted By Staci D. Kramer - Fri 15 Feb 2008 02:15 PM PST

paidContent has learned that News Corp (NYSE: NWS). is pursuing a music joint venture for MySpace—similar to Hulu, its video joint venture with NBC Universal (NYSE: GE), but with variations…

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Earnings: WMG Execs: ‘Smaller Scale’ M&A; Imeem Investment; DRM-Free MP3s - 0 Comments
Posted By Robert Andrews - Wed 06 Feb 2008 11:42 AM PST

“Growth, particularly mobile, remained on a slower trajectory,” Warner Music Group (NYSE: WMG) CEO Edgar Bronfman, Jr. warned analysts and investors during the earnings call for the quarter ending Dec.…

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Earnings: WMG Ups Digital 41 Percent Annually; Records Loss In ‘Challenging’ Year - 0 Comments
Posted By Robert Andrews - Wed 06 Feb 2008 04:45 AM PST

Warner Music Group (NYSE: WMG) digital revenue grew nine percent in the last three months of 2007 to $141 million. Digital now makes up 14 percent of total group revenue…

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Warner Music Acquires Online Indie Retail Site InSound - 2 Comments
Posted By Rafat Ali - Fri 04 Jan 2008 06:24 PM PST

The Alternative Distribution Alliance, an independent distributor owned by the Warner Music Group (NYSE: WMG), has acquired Insound.com, the indie music lifestyle store, reports Billboard, for an undisclosed sum. The…

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Sony BMG Joining Amazon Music Store; Final Major To Try DRM-Free: Report - 2 Comments
Posted By Robert Andrews - Fri 04 Jan 2008 09:02 AM PST

Sony (NYSE: SNE) BMG will join EMI, Vivendi’s (EPA: VIV) Universal Music Group and Warner Music Group (NYSE: WMG) in selling music through Amazon’s (NSDQ: AMZN) MP3 store, making it…

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Warner Signs On With Amazon’s DRM-Free MP3 Download Store - 2 Comments
Posted By Staci D. Kramer - Thu 27 Dec 2007 08:40 AM PST

Effective today, Warner Music Group (NYSE: WMG) follows Universal Music Group and EMI to the DRM-free Amazon (NSDQ: AMZN) MP3 store. For Warner, it’s an admission that DRM-free music is…

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XM Settles With Warner Music Group Over Pioneer Inno; Second Settlement This Week - 0 Comments
Posted By Joseph Weisenthal - Fri 21 Dec 2007 12:19 PM PST

As expected, satellite radio operator XM (NSDQ: XMSR) has come to an agreement with Warner Music Group (NYSE: WMG) pertaining to the Pioneer Inno, a receiver capable of recording songs.…

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Earnings: Warner Music Profit Down 58 Percent; Digital Grows 25 Percent, Hits $130 Million - 0 Comments
Posted By Joseph Weisenthal - Thu 29 Nov 2007 05:26 AM PST

As expected, the Warner Music Group (NYSE: WMG) quarter ending Sept. 30 proved to be a challenge: The company booked revenue of $869 million, up 2 percent from last year’s…

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Warner Music Forms JV With Sinatra Family; New Media A Priority - 0 Comments
Posted By Staci D. Kramer - Wed 28 Nov 2007 06:23 PM PST

Another icon gets primed for online ... Warner Music Group (NYSE: WMG) and the family of Frank Sinatra have formed 50-50 JV Frank Sinatra Enterprises. The new company integrates all…

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Capital Scarce For Major Labels; EMI Looks To Cut Funds to Industry Groups - 0 Comments
Posted By Joseph Weisenthal - Wed 28 Nov 2007 03:56 PM PST

Planned debt offerings from EMI and Warner Music Group (NYSE: WMG) will have to wait. FT reports that the companies had been looking to raise cash in order to pay…

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Carriers Shouldn’t War With Consumers Like The Labels Did: Bronfman - 0 Comments
Posted By James Quintana Pearce - Wed 14 Nov 2007 09:05 PM PST

Warner Music boss Edgar Bronfman has finally admitted that the record labels effectively went to war with their customers, and warned the carriers not to do the same thing. “We…

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Warner Keeps Music From Nokia Music Store Over Piracy Spat - 0 Comments
Posted By James Quintana Pearce - Thu 01 Nov 2007 07:45 PM PST

Warner is withholding its music from the Nokia Music Store in part because of concerns its music is being traded illegally on Mosh, reports the WSJ. This was covered a…

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