{"filings":[{"id":92068,"accession_number":"0001319161-26-000021","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"WMG Q2 revenue up 17% to $1.73B; net income $181M vs. $36M; declares $0.19 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $1.732B, up 17% YoY (12% constant currency); Recorded Music +17%, Music Publishing +14%.","Net income $181M vs. $36M prior year; EPS $0.35 vs. $0.07; adjusted EPS $0.44 vs. $0.32.","Adjusted OIBDA up 31% to $397M; operating income +57% to $264M; free cash flow $99M vs. $33M.","Board declared quarterly dividend $0.19/share, payable June 2, 2026, record May 26, 2026.","JV with Bain acquired $650M in recorded music and publishing catalogs; margin expansion guidance at high end of 150-200 bps."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":3572000000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102597,"accession_number":"0001193125-26-102112","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"WMG subsidiary enters $1.295B term loan and $350M revolver, both due 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Term loan A facility of $1.295 billion; revolving credit facility of $350 million.","Both facilities mature on March 11, 2031.","Initial interest rate margins: SOFR + 1.375% on term loan, SOFR + 1.250% on revolver; ABR margins lower.","Credit agreement amends and restates prior 2012 and 2018 credit agreements.","Proceeds used for general corporate purposes and refinancing existing obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102596,"accession_number":"0001193125-26-095149","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Warner Music Group stockholders elect 11 directors and ratify KPMG as auditor at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 director nominees elected with >99% support from votes cast (excluding broker non-votes).","Len Blavatnik received 7.61B for, 20.1M against; Robert Kyncl received 7.63B for, 0.97M against.","Ratification of KPMG as independent auditor for FY2026 passed with 7.63B for and 13.3M against.","Broker non-votes of approximately 12 million shares on the director election proposal.","Annual meeting held March 3, 2026; results reported via this 8-K on March 6, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102595,"accession_number":"0001193125-26-086963","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2026-03-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"WMG CEO letter details US streaming share gains, Bain JV for catalog buys, new AI monetization deals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q1 US streaming market share up 1pp; Spotify Top 200 share up >3pp FYTD. 2025 IFPI Global Singles Chart: 4 of top 5 spots by WMG artists.","Joint venture with Bain Capital to pursue margin-accretive high-quality catalog acquisitions starting 2026.","Adjusted OIBDA margin up 380bps in 5 years; revenue per employee up 28%, Adj. OIBDA per employee up 42% since 2022.","New DSP wholesale deals untether WMG from subscription price decisions; artist-centric monetization rolled out with most partners.","AI deals signed with Suno, Udio, Stability AI, Klay; all based on variable economics to grow with partners."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102594,"accession_number":"0001319161-26-000007","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Warner Music Q1 revenue up 10% to $1.84B; Adjusted OIBDA up 28%; declares $0.19 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $1,840M (+10% YoY); Recorded Music +10%, Music Publishing +12%.","Operating income $288M (+35%); Adjusted OIBDA $463M (+28%); Net income $175M (-27%).","Cash from operations $440M (+33%); Free cash flow $420M (+42%).","Board declared $0.19/share quarterly dividend, payable Mar 3 to holders of record Feb 18.","2026 outlook: strategic plan to drive 150-200 bps margin improvement through investments and cost savings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":1840000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102593,"accession_number":"0001193125-26-038593","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Warner Music and Bain Capital each increase JV equity commitment by $100M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["WMGCo and BainCo each increased equity commitment by $100M in the Master Operations and Economics Agreement.","Amendment executed Feb 4, 2026, amending the original June 29, 2025 JV agreement.","Total incremental equity commitment from both parties is $200M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118847,"accession_number":"0001193125-25-303579","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-12-01T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Warner Music amends CEO Kyncl's employment with performance-vested options and PSUs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Kyncl receives $10M in options split into three tranches requiring 8%, 10%, and 12% total shareholder return hurdles.","Options have a 7-year term, VWAP-based exercise price, and vest equally over three years subject to performance conditions.","Annual PSU award of $5M target value starting Jan 2026, vesting on third anniversary based on financial and long-term goals.","Enhanced severance: cash equals total annual target cash and equity compensation plus COBRA costs with tax gross-up and pro-rata bonus if terminated without cause or for good reason."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118846,"accession_number":"0001319161-25-000032","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-11-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Warner Music reports Q4 record revenue $1.87B (+15% YoY); net income $109M, double prior year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $1,868M (+15% YoY); Recorded Music $1,534M (+15%), Music Publishing $337M (+14%).","Q4 net income $109M (vs $48M); Adjusted OIBDA $405M (+15%).","Full-year revenue $6,707M (+4%); net income $370M (down 23% from $478M in FY2024).","FY2026 outlook: cost savings expected to contribute 150-200 bps of margin improvement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":6707000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118845,"accession_number":"0001193125-25-271139","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Warner Music declares $0.19 quarterly dividend, payable Dec 2","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board declared $0.19 per share cash dividend on Class A and Class B common stock.","Dividend payable December 2, 2025 to holders of record November 19, 2025.","Dividend amount unchanged from prior quarter; no change in rate disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135382,"accession_number":"0001319161-25-000022","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Warner Music Group Q3 FY2025: Revenue up 9%, but net loss of $16M; dividend declared","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $1,689M (+9% YoY); Recorded Music $1,354M (+8%), Music Publishing $336M (+10%).","Adjusted OIBDA $373M (+18% YoY); operating income fell 18% to $169M; net loss $16M vs $141M income.","Quarterly dividend of $0.19/share declared, payable Sept 3, 2025 to holders of record Aug 20, 2025.","Free cash flow $7M, down 96% from $160M; cash from operations $46M vs $188M prior year.","CEO cites chart hits and market share gains; restructuring plan and catalog JV announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":4839000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135381,"accession_number":"0001193125-25-154044","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-07-01T23:59:59+00:00","items":["1.01","2.03","2.05","7.01","9.01"],"status":"ready","headline":"Warner Music forms $1B+ catalog JV with Bain Capital, announces $300M cost-saving plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["JV with Bain: $500M equity (50/50) + $500M debt warehouse for catalog acquisitions; initial JV is Beethoven JV 1 LLC.","Restructuring targets $300M annual pre-tax savings by FY2027; $200M from headcount cuts ($170M) and SG&A ($30M).","Expected non-recurring pre-tax charges of ~$200M ($170M severance); majority in FY2026; full implementation by end of calendar 2026.","Credit agreement provides $500M commitment; interest at SOFR+2.00% or base+1.00%; secured by borrower assets; non-recourse to WMG and Bain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152368,"accession_number":"0001193125-25-121333","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Warner Music Group declares $0.18 quarterly dividend payable June 3","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board declared $0.18 per share dividend on Class A and Class B common stock.","Dividend payable June 3, 2025; record date May 27, 2025.","Regular quarterly dividend; no change in per-share amount indicated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152367,"accession_number":"0001319161-25-000014","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Warner Music Q2 revenue down 1%, net income plunges 63% to $36M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $1,484M, down 1% YoY (up 1% in constant currency).","Net income $36M, down 63% from $96M; operating income $168M, up 41%.","Adjusted OIBDA $303M, down 3% YoY; FCF $33M vs -$57M in prior-year quarter.","Year-to-date operating cash flow $401M (+53%); FCF $329M (+59%).","CEO: strongest chart presence in two years, expanding US market share."],"consensus_eps_estimate":0.2749,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":3150000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152366,"accession_number":"0001193125-25-080276","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-04-14T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Warner Music Group appoints Armin Zerza as CFO effective May 5; Bryan Castellani steps down","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Armin Zerza, former Activision Blizzard CFO, appointed EVP & CFO of WMG effective May 5, 2025.","Current CFO Bryan Castellani will step down on May 5 and serve as advisor for transition.","Zerza's employment agreement: 4-year term, $1.2M base salary, $1.8M target bonus, $6M annual RSU grant.","Signing bonus of $1M and one-time option award of $4M target value, vesting over 4 years.","Castellani's expected separation agreement includes advisory services and additional benefits."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171201,"accession_number":"0001193125-25-049119","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Warner Music Group shareholders elect 11 directors, ratify KPMG as auditor at 2025 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 director nominees elected with large majorities; For votes ranged from ~7.58B to ~7.62B.","Ratification of KPMG as independent auditor for fiscal 2025 passed with ~7.62B For, 122K Against.","No broker non-votes on auditor ratification; all director elections had ~7.14M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171200,"accession_number":"0001193125-25-026680","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-02-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Warner Music Group declares $0.18 quarterly dividend payable March 4, 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend set at $0.18 per share on Class A and Class B common stock.","Payable date: March 4, 2025; record date: February 24, 2025.","Dividend amount unchanged from prior quarter (regular quarterly declaration)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171199,"accession_number":"0001319161-25-000005","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Warner Music Group Q1 revenue falls 5% YoY to $1.67B; net income up 25% but OIBDA down 20%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $1,666M, down 5% YoY; Recorded Music revenue down 7% to $1,345M, Music Publishing up 6% to $323M.","Net income rose 25% to $241M; operating income fell 40% to $214M; adjusted OIBDA down 20% to $363M.","Operating cash flow $332M (+13%); free cash flow $296M (+12%); reaffirms full-year subscription streaming revenue guidance.","Announced multi-year agreement with Spotify covering both Recorded Music and Music Publishing.","Investing in A&R and catalog acquisitions; Tempo Music investment as part of disciplined M&A strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":1666000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171198,"accession_number":"0001193125-25-001503","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2025-01-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"WMG CEO Kyncl's annual equity switches from PSUs to RSUs; 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Q4 net income falls 69% to $48M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $1.63B (+3% YoY); digital revenue flat; net income $48M vs $154M YoY (down 69%).","Full-year revenue $6.43B (+6%); net income $478M (+9% YoY).","Adjusted OIBDA $353M in Q4 (+11%); full year $1.43B (+16%).","Music Publishing full-year revenue $1.21B (+11%), fourth consecutive year of double-digit growth.","Operating cash flow $754M (+10%); free cash flow $638M (+14%)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":6426000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188171,"accession_number":"0001193125-24-253751","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2024-11-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Warner Music Group declares $0.18/share quarterly dividend, payable Dec 3, 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board declared regular quarterly cash dividend of $0.18 per share on Class A and Class B common stock.","Dividend payable on December 3, 2024, to stockholders of record as of November 19, 2024.","Quarterly dividend unchanged from prior quarter; 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severance payments extended to FY2026.","Ongoing implementation could result in additional charges above revised estimates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":17886200000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204672,"accession_number":"0001193125-24-220596","cik":1319161,"company_name":"Warner Music Group Corp.","ticker":"WMG","form_type":"8-K","filed_at":"2024-09-17T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"WMG subsidiary reprices $1.295B term loans; new Tranche J at SOFR+1.75%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["WMG Acquisition Corp. issued $1.295B in Tranche J term loans to replace existing Tranche I term loans.","Interest rate: Term SOFR plus 1.75% per annum (or base rate plus 1.00%), with a 0% floor for SOFR.","Proceeds used to repay Tranche I loans in full and pay transaction fees and expenses.","Refinancing effective September 17, 2024; 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OIBDA +6% to $316M; revenue -1%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue down 1% to $1,554M (up 1% CC); Recorded Music -2%, Publishing +8%.","Net income $141M (+14%); Operating income $207M (+10%); Adj. 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