WMG reports Q3 2026 earnings growth
Revenue rose 9% to $433M. The company renewed deals with Apple and artists, acquired Sureel AI, and promoted Tom Corson to COO.
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Global music company with recorded music, publishing, and artist services
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In short: WMG sued EssilorLuxottica for more than $64 million over alleged social-media music use
Revenue rose 9% to $433M. The company renewed deals with Apple and artists, acquired Sureel AI, and promoted Tom Corson to COO.
Zerza also served as COO and will remain available through fiscal year-end. Lou Dickler has been appointed Acting CFO as the search begins.
Total revenue up 17%, operating income up 57%, and adjusted OIBDA up 31%.
Revenue increased 10% to $1.84 billion, with Adjusted OIBDA up 28% to $463 million, driven by strong Recorded Music and Music Publishing performance.
Detailed price information for Warner Music Group Corp Cl A (WMG-Q) from The Globe and Mail including charting and trades.
The financial and tech press are abuzz with talk of AI firm Anthropic's upcoming "mega-IPO". It could happen as soon as late September or early...
Detailed price information for Warner Music Group Corp Cl A (WMG-Q) from The Globe and Mail including charting and trades.
Warner Music Group announced its third quarter earnings earlier than expected with revenue up 10% on double-digit streaming growth.
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