secwatch.observer — SEC 8-K summary
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Issuer:     Warner Music Group Corp. (WMG)
CIK:        0001319161
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0001319161-24-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WMG FY2024 revenue up 6% to $6.43B; Q4 net income falls 69% to $48M
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1319161/000131916124000037/0001319161-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1319161/000131916124000037/wmg-20241121.htm
  HTML page:      https://secwatch.observer/filing/0001319161-24-000037

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