Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.
CEO: Robert Kyncl. Company website
Warner Music Group Corp. (WMG) trades at $28.02, up 0.25% on the day, as of Sep 20, 2026 13:43 UTC.
Warner Music Group Corp. has a market capitalisation of $14.62B, calculated from the live WMG share price and shares outstanding.
WMG trades at a trailing P/E of 21.72, from earnings per share of $1.29 over the last twelve months.
Warner Music Group Corp. generated revenue of $7.30B over the trailing twelve months, which puts the stock at 2.00 times sales.
WMG has traded between $23.34 and $35.42 over the past 52 weeks, and the last price is 20.9% below that high.
Yes. Warner Music Group Corp. keeps 9.20% of revenue as net income over the trailing twelve months.
Wall Street analysts rate WMG Buy, with an average price target of $39.25, 40.1% above the current price.
Warner Music Group Corp. is classified under the Communication Services sector and the Entertainment industry, and is domiciled in US.
Robert Kyncl is the chief executive of Warner Music Group Corp., which employs 5,500 people.
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