---
schema_version: "secwatch.filing_event.v1"
accession: "0001319161-24-000018"
form_type: "8-K"
ticker: "WMG"
cik: "0001319161"
company_name: "Warner Music Group Corp."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:06:10.280531+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Warner Music Q2 revenue up 7% to $1.49B; adjusted OIBDA up 9%; Music Publishing revenue up 19%

## Summary
- Revenue $1,494M (+7% YoY); net income $96M vs $37M; operating income $119M (-4%).
- Adjusted OIBDA $312M (+9%); Recorded Music revenue +4% (subscription streaming accelerating).
- Music Publishing revenue $306M (+19% YoY).
- Full-year operating cash flow conversion guidance reaffirmed at 50-60%.
- Cash used in operations $31M; free cash flow -$57M.

## SEC filing metadata
- accession: 0001319161-24-000018
- form_type: 8-K
- ticker: WMG
- cik: 0001319161
- company_name: Warner Music Group Corp.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319161/000131916124000018/0001319161-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319161/000131916124000018/wmg-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001319161-24-000018
- JSON: https://secwatch.observer/filing/0001319161-24-000018.json
- Plain text: https://secwatch.observer/filing/0001319161-24-000018.txt

## Key facts
- Earnings Releases
  Warner Music Group Corp. reported for the quarter ended March 31, 2024 results: revenue $1,494, net income $96 million. Guidance reaffirmed.
  - Period: for the quarter ended March 31, 2024
  - Revenue: $1,494
  - Net income: $96 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Ended March 31, 2023 % Change For the Six Months Ended March 31, 2024 For the Six Months Ended March 31, 2023 % Change (unaudited) (unaudited) (unaudited) (unaudited) Revenue $ 1,494 $ 1,399 7 % $ 3,242 $ 2,887 12 % Recorded Music revenue 1,189 1,143 4 % 2,634 2,382 11 % Music Publishing revenue 306 257 19 % 610 507 20 % Operating income 119 124 -4 % 473 389
  evidence_url: https://www.sec.gov/Archives/edgar/data/1319161/000131916124000018/0001319161-24-000018-index.htm

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