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November 23, 2009 7:33 AM ET

Warner Music Group Corp.

(WMG:NYSE)

LAST $6.80 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 20, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Warner Music Group Corp. (WMG)

OPEN
--
PREVIOUS CLOSE
$6.80
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
06/1/09 - $7.80
52 WEEK LOW
03/3/09 - $1.58
MARKET CAP
1.1B
AVERAGE VOLUME 3 mo
163.5K
DILUTED EPS TTM
$-0.51
SHARES OUTSTANDING
154.6M
WMG Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

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WMG Details

Warner Music Group Corp., a music content company, provides recorded music and music publishing services worldwide. Its Recorded Music segment engages in the discovery and development of artists; and the related marketing, distribution, and licensing of recorded music produced by such artists. It also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles, as well as in the licensing of recordings to and from third parties for various uses, including film and television soundtracks. This segment markets, sells, and licenses recorded music in various physical formats, such as compact discs, cassettes, LPs, and digital versatile discs (DVDs); and digital, such as downloads and ringtone formats. The company’s Music Publishing segment owns and acquires rights to musical compositions; markets these compositions; and receives royalties or fees for their use. It publishes music across a range of musical styles. This segment owns or controls rights to approximately one million musical compositions, including various pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its music catalog includes approximately 65,000 songwriters and composers; and a range of genres, including pop, rock, jazz, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative, gospel, and other Christian music. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company markets and sells its music and DVD products to retailers and wholesale distributors. It has a strategic agreement with Cisco Systems Inc. to deliver social entertainment experiences to online audiences. Warner Music Group Corp. was founded in 1929 and is headquartered in New York, New York.

3,800 Employees
Founded in 1929

WMG Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Age: 54
Total Annual Compensation: $4.0M
Chief Financial Officer, Principal Accounting...
Age: 40
Total Annual Compensation: $725.0K
Vice-Chairman of Strategy and Operations
Age: 44
Total Annual Compensation: $1.8M
Vice-Chairman, Chairman of Recorded Music - U...
Age: 50
Total Annual Compensation: $5.6M
Chairman of Warner & Chappell Music Inc and C...
Age: 62
Total Annual Compensation: $1.6M
Compensation as of Fiscal Year 2008.

Key developments for Warner Music Group Corp. (WMG)

Warner Music Group Corp. to Report Q4, 2009 Results on November 24, 2009

Warner Music Group Corp. announced that they will report Q4, 2009 results before the start of trading on November 24, 2009.

Warner Music Group Corp., Q4 2009 Earnings Call, Nov-24-2009

Warner Music Group Corp., Q4 2009 Earnings Call, Nov-24-2009

Warner Music Group Corp. Appoints Chris Ancliff as General Counsel, International

Warner Music Group Corp. announced that Chris Ancliff, 44, was appointed general counsel, international, a newly created position. He was most recently general counsel at EMI Group.

Stock Quotes

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WMG $6.80 USD 0.00
BMY $24.46 USD 0.00
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WMG Competitors

Company Last Change
ARTISTdirect Inc $0.0080 USD 0.00
Hurray! Holding Co Ltd $5.07 USD +0.07
Image Entertainment Inc $0.64 USD +0.0101
Sohu.com Inc $54.00 USD -1.20
Orchard Enterprises Inc $1.65 USD 0.00
View Industry Companies
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Industry Analysis

Valuation WMG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book NM Not Meaningful
Price/Cash Flow 7.0x
TEV/Sales NM Not Meaningful

WMG

 | 

WMG transactions

Type
Date
Target
Merger/Acquisition
July 3, 2009
Waldron House at 57-63 Old Church Street in Chelsea
View More WMG Transactions...

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