Highest-materiality recent filing
Warner Music Q3 revenue $1.86B (+10%); net income $200M; dividend $0.20
Revenue $1,864M (+10% YoY); Recorded Music +10%, Music Publishing +12%.
Warner Music Group reports preliminary Q3 revenue up 10% to $1.864B, EPS $0.39 vs ($0.03) YoY
Revenue $1.864B (+10% YoY); Recorded Music +10%, Music Publishing +12%.
Armin Zerza stepped down as CFO and COO for personal reasons, effective July 31, 2026; will remain available through fiscal year.
WMG Q2 revenue up 17% to $1.73B; net income $181M vs. $36M; declares $0.19 dividend
Total revenue $1.732B, up 17% YoY (12% constant currency); Recorded Music +17%, Music Publishing +14%.
WMG CEO letter details US streaming share gains, Bain JV for catalog buys, new AI monetization deals
Q1 US streaming market share up 1pp; Spotify Top 200 share up >3pp FYTD. 2025 IFPI Global Singles Chart: 4 of top 5 spots by WMG artists.
Warner Music Q1 revenue up 10% to $1.84B; Adjusted OIBDA up 28%; declares $0.19 dividend
Revenue $1,840M (+10% YoY); Recorded Music +10%, Music Publishing +12%.
Warner Music amends CEO Kyncl's employment with performance-vested options and PSUs
CEO Kyncl receives $10M in options split into three tranches requiring 8%, 10%, and 12% total shareholder return hurdles.
Warner Music reports Q4 record revenue $1.87B (+15% YoY); net income $109M, double prior year
Q4 revenue $1,868M (+15% YoY); Recorded Music $1,534M (+15%), Music Publishing $337M (+14%).
Warner Music Group Q3 FY2025: Revenue up 9%, but net loss of $16M; dividend declared
Total revenue $1,689M (+9% YoY); Recorded Music $1,354M (+8%), Music Publishing $336M (+10%).
Warner Music forms $1B+ catalog JV with Bain Capital, announces $300M cost-saving plan
JV with Bain: $500M equity (50/50) + $500M debt warehouse for catalog acquisitions; initial JV is Beethoven JV 1 LLC.
Warner Music Q2 revenue down 1%, net income plunges 63% to $36M
Q2 revenue $1,484M, down 1% YoY (up 1% in constant currency).
Warner Music Group appoints Armin Zerza as CFO effective May 5; Bryan Castellani steps down
Armin Zerza, former Activision Blizzard CFO, appointed EVP & CFO of WMG effective May 5, 2025.
Warner Music Group Q1 revenue falls 5% YoY to $1.67B; net income up 25% but OIBDA down 20%
Total revenue $1,666M, down 5% YoY; Recorded Music revenue down 7% to $1,345M, Music Publishing up 6% to $323M.
WMG FY2024 revenue up 6% to $6.43B; Q4 net income falls 69% to $48M
Q4 revenue $1.63B (+3% YoY); digital revenue flat; net income $48M vs $154M YoY (down 69%).
WMG revises restructuring plan: cost savings now $260M, charges $210M, headcount cut 750
Pre-tax cost savings target raised to ~$260M, majority by end of FY2025, from prior $200M.
Warner Music Q3 net income up 14% to $141M; Adj. OIBDA +6% to $316M; revenue -1%
Revenue down 1% to $1,554M (up 1% CC); Recorded Music -2%, Publishing +8%.
Warner Music Q2 revenue up 7% to $1.49B; adjusted OIBDA up 9%; Music Publishing revenue up 19%
Revenue $1,494M (+7% YoY); net income $96M vs $37M; operating income $119M (-4%).
Warner Music Q1 revenue up 17% to $1.75B; announces restructuring plan with 600 job cuts
Revenue up 17% to $1.748B; net income $193M vs $124M YoY; Adjusted OIBDA +35% to $451M.
Warner Music Q4 revenue $1.59B, +6% YoY; FY revenue surpasses $6B milestone
Q4 revenue $1.59B (+6% YoY); digital revenue up 8% to $1.07B.
Warner Music Group appoints Bryan Castellani as CFO, succeeding Eric Levin
Bryan Castellani appointed EVP & CFO effective Oct 16; previously CFO of Disney Entertainment & ESPN.
Warner Music Q3 revenue up 9% to $1.56B; adjusted OIBDA up 16% to $297M
Revenue $1,564M (+9% YoY; +10% constant currency); digital revenue up 9% to $1,027M.
Warner Music Q2 net income falls 60% to $37M; adjusted OIBDA up 4%
Net income $37M vs $92M prior year; OIBDA $207M (-19%).
Warner Music Group to cut ~270 jobs (4% of workforce); expects $46M restructuring charge
Headcount reduction of ~270 employees (~4% of global workforce); substantially complete by end of next fiscal quarter.
On September 21, 2026, Warner Music Group Corp. (the “Company”) announced that Carianne Marshall will step down as Co-Chair and Chief Operating Officer, Warner Chappell Music, Inc. (“Warner Chappell Music”), a subsidiary of the Company, effective September 30, 2026.
pursuant to which he will be appointed Executive Vice President and Chief Financial Officer of the Company, effective May 5, 2025.
Bryan Castellani will step down as Executive Vice President and CFO, effective May 5, 2025.
On September 19, 2023, the Company announced the appointment of Bryan Castellani as Executive Vice President, Chief Financial Officer (“CFO”), effective October 16, 2023.
On March 14, 2023, Warner Music Group Corp. (the “Company”) announced that it had begun planning for the succession of the Company’s Chief Financial Officer, Eric Levin.
Alex Blavatnik resigned from the Board of Directors (the “Board”) of Warner Music Group Corp. (the “Company”) and all committees thereof, effective upon the appointment of his replacement.
Valentin Blavatnik, age 25, was elected to the Board in accordance with the Company’s certificate of incorporation, effective immediately, to fill the vacancy on the Board resulting from Alex Blavatnik’s resignation.
On January 31, 2023, Mr. Cooper will retire from the Company and resign from the Board.
On September 21, 2022, the Company’s Board of Directors (the “Board”) announced that Mr. Robert Kyncl has been appointed to succeed Mr. Cooper as CEO and a director of the Company.
the Company announced that it has begun planning for the succession of the Company’s Chief Executive Officer (“CEO”) and director, Stephen Cooper. The Company expects the transition to happen by the end of 2023.
Mr. Levin will resume his role as Executive Vice President and Chief Financial Officer of the Company on or about February 15, 2022.
Mr. Dickler will resume his role of Senior Vice President & Corporate Controller of the Company, effective as of the date of Mr. Levin’s return.
Max materiality 0.85 · Median 0.50 · Most common event earnings