secwatch.observer — SEC 8-K summary
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Issuer:     Warner Music Group Corp. (WMG)
CIK:        0001319161
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001319161-23-000007
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Warner Music Group Q1 revenue down 8%; net income $124M vs $188M year ago
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- Revenue $1,488M, down 8% YoY (3% in constant currency); digital revenue down 5%.
- Net income $124M vs $188M; adjusted net income $110M vs $223M.
- OIBDA $349M (+9%); adjusted OIBDA $335M (-6%, flat constant currency).
- Music Publishing revenue up 9% to $250M.
- Operating cash flow $209M (+62%); free cash flow $188M (+98%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1319161/000131916123000007/0001319161-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1319161/000131916123000007/wmg-20230209.htm
  HTML page:      https://secwatch.observer/filing/0001319161-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer