---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-038593"
form_type: "8-K"
ticker: "WMG"
cik: "0001319161"
company_name: "Warner Music Group Corp."
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:19:43.447513+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Warner Music and Bain Capital each increase JV equity commitment by $100M

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-038593
- form_type: 8-K
- ticker: WMG
- cik: 0001319161
- company_name: Warner Music Group Corp.
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319161/000119312526038593/0001193125-26-038593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319161/000119312526038593/d37806d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-038593
- JSON: https://secwatch.observer/filing/0001193125-26-038593.json
- Plain text: https://secwatch.observer/filing/0001193125-26-038593.txt

## Key facts
- Material Agreements
  Warner Music Group Corp. amended Master Operations and Economics Agreement with BCSS W JV Investments (B), L.P. valued at increase their respective initial equity commitment amount by $100 million each (effective 2026-02-04).
  - Action: amendment
  - Counterparty: BCSS W JV Investments (B), L.P.
  - Value: increase their respective initial equity commitment amount by $100 million each
  - Effective: 2026-02-04
  source text: On February 4, 2026, WMG BC Holdco LLC (“WMGCo”), a wholly-owned indirect subsidiary of the Company, entered into an amendment (the “Amendment”) to the Master Operations and Economics Agreement, dated as of June 29, 2025 (the “Master Operations and Economics Agreement”), by and among WMGCo, BCSS W JV Investments (B), L.P. (“BainCo”), a wholly-owned indirect subsidiary of Bain Capital Special Situations, LP, and certain affiliates of the foregoing parties.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000119312526038593/0001193125-26-038593-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.