{"schema_version":"secwatch.filing_event.v1","accession":"0001319161-25-000005","form_type":"8-K","ticker":"WMG","cik":"0001319161","company_name":"Warner Music Group Corp.","filed_at":"2025-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.280571+00:00","generated_at":"2026-05-27T01:29:46.438039+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Warner Music Group Q1 revenue falls 5% YoY to $1.67B; net income up 25% but OIBDA down 20%","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001319161-25-000005","json":"https://secwatch.observer/filing/0001319161-25-000005.json","markdown":"https://secwatch.observer/filing/0001319161-25-000005.md","text":"https://secwatch.observer/filing/0001319161-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1319161/000131916125000005/0001319161-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1319161/000131916125000005/wmg-20250206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T01:29:46.438039+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}