Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment 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. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.

Warner Music Group Corp.

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Universal Units

Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappel controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.

Warner Chappell Music

300 Entertainment

Warner Music Canada

Warner Music Benelux

IMGN Media

ADA Worldwide

With a legacy extending back over 200 years, Warner Music Group (WMG) today brings together artists, songwriters, and entrepreneurs that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees, WMG's Recorded Music division includes renowned labels such as 300 Entertainment, Asylum, Atlantic, Big Beat, Canvasback, Elektra, Erato, First Night, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. WMG's music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, the independent artist and label services company – as well as next gen artist services division WMX, which includes consumer brands such as Songkick, the live music app; EMP, the merchandise e-tailer; UPROXX, the youth culture destination; and HipHopDX, the hip-hop music news site. In addition, WMG counts storytelling powerhouse Warner Music Entertainment and social media content creator IMGN among its many brands.

Imeem

Incoming Media

Roblox

TAP Network

Overwolf

Aaptiv

Lala

Listen

Tencent Music Entertainment

Warner Music Group

From Bailey Zimmerman’s record-breaking explosion on the scene to GRAMMY winner Ashley McBryde's highly-anticipated upcoming album, Warner Music Nashville artists are marking one career milestone after the other. The key, according to label Co-Presidents Ben Kline & Cris Lacy? Believing in artists and their vision.

"One of the pieces of culture at Warner Music Nashville is our team listens as much as they talk when dealing with artists. They know nobody understands a brand and vision better than an artist themselves."

Read more: https://lnkd.in/e5aZicEP

Come on Barbie, let's go party! A massive congrats to our teams worldwide, artists and songwriters, the cast and crew, and everyone involved in making Barbie a record-breaking, cultural phenomenon.

Yes, we do have them!

Did you know Warner Music Group has finance/legal/audit roles? 

Here are some current job opportunities:

FP&A Manager (Warner Music Latina) - Hybrid - Miami, FL: https://lnkd.in/ezmbiQiM

Sr. Auditor, Internal Audit- Hybrid or Remote: 
https://lnkd.in/eFNwmkkn

Finance Manager, ADA – Onsite - NYC:
https://lnkd.in/eBN6bg38

Associate Director/Director, Business and Legal Affairs  - Hybrid - NYC:
https://lnkd.in/e4hJWEEs

Treasury Analyst – Onsite - NYC:
https://lnkd.in/eXEnd9Ty

Sr. Financial Analyst, External Reporting – Onsite - NYC: 
https://lnkd.in/ePZYm5VG

Assistant Manager, Business & Legal Affairs (Warner Music Latina) Hybrid - Miami, FL: https://lnkd.in/eS3yu8kV

Manager, Business & Legal Affairs (Warner Music Latina) - Hybrid - Miami, FL: https://lnkd.in/ed2t5ahq

ADA Worldwide Warner Music LatAm #warnermusic #warnermusiclatina #finance #legal #audit

Want to join the A-Team? Warner Music Group's ETA Internship Program is the Perfect place to start! Our #remote and #hybrid internship positions will leave you with Shivers! DON'T worry, we offer #internships to international students too (Must be enrolled in a College or University in the United States of America)! Positions are available in Marketing, A&R, Legal, Merchandise and so many more departments. We like to Leave the Door Open for our interns to learn more about what interests them across fields in the industry. 
 
Start Levitating over to our page because applications are coming in quickly! Apply for roles at Warner Chappell Music, ADA Worldwide, Elektra Entertainment, 300 Entertainment, Atlantic Records, Rhino Entertainment, Warner Music Experience and more! Show us Just The Way You Are and Dive into our program. It's About Damn Time you join us, we promise it's Good As Hell. At WMG we R.E.S.P.E.C.T. young talent and want to give you a platform for Thinking Out Loud!
 
Let this be The Sign for you to begin your career in the music industry, and join us at our Castle on a Hill!
 
About WMG's ETA Program:
It is a paid internship opportunity designed to provide students with real-world experience in the music industry. This multi-dimension, hands-on experience allows us to engage with some of the brightest and most passionate students from around the country and build a stronger pipeline of talent for early career opportunities. We currently have over 100 internship placements across all our business units based in our Nashville, Miami, Los Angeles, and New York City offices. We also have a number of fully remote placements as well.
 
Applications are open until September 1st, 2023. Don't delay! 
 
Visit our website: https://lnkd.in/eUPMSsWm, to see all of our available placements this fall! Good luck, and happy applying! 

#wmgcareers #warnermusic #music #musicindustry #internships #internshipopportunity #internshipexperience

We've been named to Newsweek's America's Great Places to work list, recognized as one of the top 1,000 U.S.-based companies across industries committed to cultivating a positive working environment.

Read more: https://lnkd.in/g9kjcQQP

Warner Music Group's Student Programs Team is excited to share that the Emerging Talent Associate Program has been nominated for the Top 100 Internship Programs in the country. Help us secure a spot on the list by voting for the program https://lnkd.in/gRZyVRBs. You can vote once a day and voting closes at 12:00PM ET on Thursday, July 20, 2023.

#internshipprogram #internshipexperience #internship2023 WayUp

We've announced a wide-ranging, first-of-its-kind partnership with TikTok, creating new revenue, marketing, and insights opportunities for our artists and songwriters, while deepening the engagement with TikTok’s audience of passionate music fans.

"We are happy and excited for our next chapter together with TikTok. Through this expanded and significantly improved partnership for both companies, we can jointly deliver greater value to WMG’s artists and songwriters and TikTok’s users." — Robert Kyncl, CEO, Warner Music Group

Read more: https://lnkd.in/dRGw6k3w

The Warner Music Group / Blavatnik Family Foundation Social Justice Fund has released its Impact Report, highlighting the fund's impact from July 2021 to June 2023. With the support, grantee partners have been able to build new programs, scale up their work, and make substantive changes to advance social and racial justice. New spring 2023 grantee partners have also been announced.

"The fight for social and racial justice requires a long-term commitment, and the WMG/BFF SJF is dedicated to supporting global transformation that ensures a lasting impact on future generations. The past three years have been a powerful journey of partnerships with a diverse array of activists, artists, organizers, and entertainment industry leaders. The work is far from done, but we must acknowledge the hard-won milestones our grantee partners have reached in addressing anti-Black racism, driving change in the criminal legal system, diversifying the music industry, and catalyzing cultural innovation." — Lorelei Williams, Executive Director of the WMG/BFF SJF

Read more: https://lnkd.in/e3QxXANW

Congratulations to our 20 dynamic HBCU students who recently completed Warner Music Group’s 2023 HBCU Intensive Program! 

This program, in partnership with The Culture Creators ®, prepared students for a career in the music industry by providing the knowledge necessary for achieving professional success. They received a comprehensive introduction to the music business, guidance on career development, and experienced a number of opportunities to learn from and engage with WMG team members in NY, Miami, Nashville, and LA. 

We are so proud of you all and look forward to supporting you in your future endeavors!

#warnermusic #musicindustry #music #career #hbcus #students #opportunities #musicbusiness #hbcuproud

Come join the Global Technology team at Warner Music Group! 

We’re a global collective of music makers and music lovers, tech innovators and inspired entrepreneurs, game-changing creatives, and passionate team members. Here, we know that each talent makes our collective bolder and brighter. 

The engineering team at Warner Music Group makes all of it a reality!

We are actively hiring for multiple engineering positions, which include:
- Data Platform and Infrastructure
- Mobile and Web Application Development
- Applied Machine Learning and Generative AI

Some of the currently listed opportunities based out of our either NYC, LA (or U.S. remote) can be found below:

- Head of Engineering Productivity: https://lnkd.in/eGrqtXrh
- Software Engineers: https://lnkd.in/ejU2RaMs
- Senior Software Engineers: https://lnkd.in/d4KKP5SP
- Staff Software Engineers: https://lnkd.in/eSzrVuCN
- Technical Program Managers: https://lnkd.in/en5tcP4C

Want to find out more? Check out our career site at www.wmg.com/careers

#wmgcareers #warnermusic #technology #music #techjobs #career #opportunities #tech #engineering #softwareengineers #productmanagement #software #machinelearning #hiring

Metric
Company Name	Warner Music Group Corp.	Universal Units
Symbol	WMG
MSH ID	COM:WMG	COM:UNIVERSALUNITS
Market	STOCKS	PRIVATE
Sector	Communication Services	Financial Services & Finance
Industry	Entertainment	Software Development
Country	US	DE
Stage
Employee Count	5.90K
Website	wmg.com	universalunits.com
LinkedIn		u2-universal-tax-units-gmbh
Founders

Metric
Market Cap	15.28B
Enterprise Value
Monthly Web Traffic		95
Web Traffic Growth		-0.88
Valuation
Raised Capital

Metric
Revenue	6.43B
Revenue (LTM)
Revenue (NTM)
Gross Profit	6.43B
EBITDA	1.09B
Operating Income	823M
Net Income	435M
EPS	0.31
Diluted EPS	0.31
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.48
Operating Profit Margin	0.16
EBITDA Margin	0.17
Net Profit Margin	0.09
Return on Equity	1.43
Return on Assets	0.06
Return on Capital Employed	0.20

COM:WMG

WMG.com

Last Close

31.18

22/11 21:00

Market Cap

16.14B

Beta: -

Volume Today

2.67M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	44.41
P/B Ratio	62.20
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	2.89
EV Multiple	12.58

Metric
Days Sales Outstanding	67.72
Days Payables Outstanding	34.47
Days Inventory Outstanding	11.74
Operating Cycle	81.01
Cash Conversion Cycle	58.65
Asset Turnover	0.73

Metric
Operating Cash Flow	687M
Free Cash Flow	446M
Cash Flow to Debt	0.20
Operating Cash Flow/Sales	0.12
Free Cash Flow Yield	0.02

Metric
Cash & Equivalents	694M
Accounts Receivable	-113M
Inventory	99M
Goodwill	2.02B
Debt to Capitalization	0.90
Debt to Assets	0.50
Current Ratio	0.68
Quick Ratio	0.67

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01
R&D to Revenue
SG&A to Revenue	0.16