Stephen Cooper

  1. Warner Music Group Sees Revenue Growth After Parlophone Buy, Streaming Strengthens

    August 07, 2014 11:30 AM EDT Warner Music Group revenue increased 18.9 percent to $788 million in the quarter ended June 30 with the help of its acquisition of Parlophone Label Group and gains from music streaming services. The increase was 16.9 percent excluding the effects ...

  2. Warner Music Group Revenue Up 6% After Parlophone Acquisition, Digital Up 8.2%

    February 06, 2014 10:25 AM EST Warner Music Group narrowed its losses to $37 million and grew revenues to $815 million in its fiscal first quarter, ended Dec. 31. While that's an improvement from the $80 million net loss the company posted for the corresponding quarter in ...

  3. Warner Music Group Closes on Acquisition of Parlophone Label Group

    July 01, 2013 12:03 PM EDT Warner Music Group, the major label acquired by Len Blavatnick and Access Industries in 2011, has completed its acquisition of the Parlophone Label Group from Universal Music Group in a deal announced in May . The deal was closed for £487 milli ...

  4. Warner Music Acquires Russia's Gala Records Group

    June 17, 2013 1:25 PM EDT Warner Music Group has acquired Gala Records Group, the first privately owned record label in Russia, WMG announced today in a statement. The label, launched in 1988, operates distribution, publishing, live production and artist representation b ...

  5. Warner Music Group Outlines Parlophone Integration Process, Expects $70 Million in Annual Cost Savings

    April 25, 2013 10:26 AM EDT In a memo to the Warner Music Group staff today, CEO Stephen Cooper has laid out the procedure by which the Parlophone Label Group will be integrated into the company. Warner acquired Parlophone from Universal Music Group in February as part of ...

  6. Exclusive: Rob Wiesenthal Out at Sony/ATV, Heading to Warner Music

    December 20, 2012 10:38 AM EST Rob Wiesenthal, President of Sony/ATV's international business, is leaving the world's no.1 music publisher to join Len Blavatnik's Warner Music Group as chief operating officer/corporate, WMG said on Thursday. Wiesenthal, a Sony Co ...

  7. Warner Music Bullish on Downloads, Subscriptions as Digital Revenue Grows

    December 13, 2012 9:00 PM EST Warner Music Group believes digital music is helping bring growth back to the music business. The company's fiscal year-end numbers show it has benefitted from the surge in subscription services, growth in Internet radio and the continued ris ...

  8. Warner Music's Revenue, Digital Sales Up in Fiscal Fourth Quarter

    December 13, 2012 8:30 AM EST Warner Music Group on Thursday posted a rise in revenue and narrower losses for its September quarter. The company also reported a rise in both its physical and digital recorded music. "We had a very productive year," said CEO Stephen Co ...

  9. Lyor Cohen and Warner Music Group: What Are the Next Moves? Insiders Weigh In

    September 28, 2012 4:04 PM EDT Below is the story "Lyor Mulls Next Move" -- an in-depth look at the options facing Lyor Cohen who this week stepped down as CEO of WMG's recorded music and how WMG may fill the vacancy -- from this week's edition of Billboard ...

  10. Lyor Cohen, Post Warner Music: Who Will Replace Him, and What's His Next Move?

    September 24, 2012 9:57 PM EDT Lyor Cohen's imminent departure from Warner Music Group sent a tremor through the music industry on Monday and sparked speculation on the inevitable management shuffle around the industry to replace the colorful hard-nosed executive. Cohen, r ...

  11. Lyor Cohen Stepping Down as Warner Music Chairman/CEO

    September 24, 2012 6:01 PM EDT Lyor Cohen, Chairman/CEO of Recorded Music for Warner Music Group, is stepping down from his post effective September 30, the company announced today. He had been at Warner since 2004, beginning as Chairman and CEO, US Recorded Music in March of t ...

  12. EMI CEO Roger Faxon, CFO Ruth Prior to Step Down: Read Full Text of Letter

    September 21, 2012 10:19 AM EDT Not long after Universal Music Group's acquisition of EMI's recorded-music division was approved by the European Union on Friday, EMI CEO Roger Faxon announced that he and CFO Ruth Prior will be leaving the company, effective next Friday ...

  13. Universal Music-EMI Update: Where the Deal Stands Before Things Heat Up This Week

    August 24, 2012 5:13 PM EDT While things have been a bit quiet recently around the Universal Music Group's proposed acquisition of EMI, expect them to heat up toward the end of this week and especially after the Labor Day weekend. Universal/EMI: Deal Looks Likely to Be ...

  14. Warner Music Group Reports Mixed Quarterly Financials

    August 09, 2012 9:15 AM EDT UPDATED: The music major, owned by Len Blavatnik, posted lower revenue, but its loss narrowed, and digital revenue in the recorded music unit offset physical declines. Business Matters: Looking Forward to Live Nation and Warner Music Group's ...

  15. Billboard Power 100: Len Blavatnik

    January 27, 2012 10:00 AM EST No. 8 Len Blavatnik Owner Warner Music Group Twitter: @warnermusic The Owner... Len Blavatnik has a distinction that no one else in the world can claim: He's the only person who owns a major-label group. Even Terra Firma's Guy Hands had ...

  16. Billboard Power 100: Lyor Cohen

    January 27, 2012 10:00 AM EST No. 14 Lyor Cohen Chairman/CEO of Recorded Music Warner Music Group Twitter: @LyorCohen13 The Iceman Cometh... It's definitely a new day at Warner Music Group and not just because Access Industries' Len Blavatnik (see No. 8) has acquired ...

  17. Stephen Cooper, New Warner Music CEO, On EMI Auction, Q4 Losses

    December 08, 2011 11:41 AM EST NEW YORK - New Warner Music Group CEO Stephen Cooper on Thursday said that the music major saw "significant" synergy opportunities in a possible acquisition of EMI's recorded music business, but remained disciplined in the auction t ...

  18. Warner Music CEO Edgar Bronfman, Jr. and Chairman Stephen Cooper Switch Jobs

    August 19, 2011 3:18 PM EDT Edgar Bronfman, Jr. and Stephen Cooper are switching roles with the former becoming the Warner Music Group chairman and the latter assuming the CEO position and responsible for the company's day-to-day operations. In a memo to employees , Bro ...

  19. Access-Warner Music Investor Documents Reveal New Roles for Edgar Bronfman Jr., Lyor Cohen

    July 21, 2011 4:29 PM EDT In taking over control of Warner Music Group , Access Industries, as expected, is putting its own people in place on the company's board of directors. Stephen Cooper, a board member at one of the companies that Access Industry has invested in ...

  20. Australian Court Issues Copyright Ruling

    December 21, 2006 12:00 AM EST Providing Web links to copyright-protected music is enough to make a site legally liable, an Australian court ruled in a case that created legal uncertainty for search engines around the world. The full bench of the Federal Court, the country' ...

  21. Oz Court Rejects Cooper Piracy Plea

    December 23, 2005 12:00 AM EST The Australian Federal Court yesterday (Dec. 22) rejected a motion by former Website operator Stephen Cooper that all declarations of copyright and injunctions against him be dropped. The Australian Federal Court yesterday (Dec. 22) rejected a mot ...

  22. Oz Court Rejects Cooper Piracy Plea

    December 23, 2005 12:00 AM EST MIPI hails 'significant judgment.' The Australian Federal Court yesterday (Dec. 22) rejected a motion by former Website operator Stephen Cooper that all declarations of copyright and injunctions against him be dropped. Justice Brian Tamb ...

  23. Crackdown In China: U.S. Eyes Baidu Copyright Suits

    September 27, 2005 12:00 AM EDT China's willingness to enforce infringement laws that protect the music industry's copyrights is being put to the test -- and the U.S. copyright czar is watching. NEW YORK -- China's willingness to enforce infringement laws that pro ...

  24. Aussie Web Operator Liable For Linking

    July 19, 2005 12:00 AM EDT The Australian Federal Court on July 14 found a Web site operator liable for copyright infringement for posting hyperlinks to other sites offering illegal MP3 downloads. The decision also found the si SYDNEY -- The Australian Federal Court on July ...

  25. Aussie Web Site Guilty In Landmark C'Right Case

    July 15, 2005 12:00 AM EDT The Australian Federal Court yesterday (July 14) found a Web site guilty of copyright infringement for posting hyperlinks to other sites offering illegal MP3 downloads. The decision also found the sit The Australian Federal Court yesterday (July 1 ...

  26. Aussie Web Site Guilty In Landmark C'Right Case

    July 15, 2005 12:00 AM EDT Industry describes hyperlink ruling 'significant.' The Australian Federal Court yesterday (July 14) found a Web site guilty of copyright infringement for posting hyperlinks to other sites offering illegal MP3 downloads. The decision also ...

  27. MIPI Raids ISP For Evidence

    January 17, 2005 12:00 AM EST Australia's Music Industry Piracy Investigation on Jan. 14 raided the Sydney office of Internet service provider ComCen to gather evidence on the song-sharing service MP3s4free.net. SYDNEY -- Australia's Music Industry Piracy Investigati ...

  28. Oz's MIPI Raids ISP For Evidence

    January 14, 2005 12:00 AM EST Hearing on P2P service set for Feb. 7. Australia's Music Industry Piracy Investigation today (Jan. 14) raided the Sydney office of Internet service provider Com-Cen to gather evidence on the song-sharing service MP3s4free.net. The Australian ...

  29. Oz's MIPI Raids ISP For Evidence

    January 14, 2005 12:00 AM EST Australia's Music Industry Piracy Investigation today (Jan. 14) raided the Sydney office of Internet service provider Com-Cen to gather evidence on the song-sharing service MP3s4free.net. Australia's Music Industry Piracy Investigation t ...

  30. Aussie Case Vs. File-sharing Service Postponed

    November 02, 2004 12:00 AM EST The Australian music industry's record €500 million ($375 million) lawsuit against the operator of song-sharing service MP3s4free.net and its two Internet service providers has been postponed un SYDNEY -- The Australian music indust ...

  31. Aussie Case Vs. File-sharing Service Postponed

    October 29, 2004 12:00 AM EDT The Australian music industry's record A$500 million ($375 million) lawsuit against the operator of song-sharing service MP3s4free.net and its two Internet service providers has been postponed until F The Australian music industry's reco ...

  32. Aussie Case Vs. File-sharing Service Postponed

    October 29, 2004 12:00 AM EDT The Australian music industry's record A$500 million ($375 million) lawsuit against the operator of song-sharing service MP3s4free.net and its two Internet service providers has been postponed until F The Australian music industry's reco ...

  33. Aussie Case Vs. File-sharing Service Postponed

    October 29, 2004 12:00 AM EDT The Australian music industry's record A$500 million ($375 million) lawsuit against the operator of song-sharing service MP3s4free.net and its two Internet service providers has been postponed until F The Australian music industry's reco ...

  34. Aussie File-Sharing Service On Trial

    October 26, 2004 12:00 AM EDT Brisbane-based file-sharing Web site MP3s4free.net was one of the biggest copyright infringing services in the world, the Australian Federal Court heard yesterday (Oct. 25). Brisbane-based file-sharing Web site MP3s4free.net was one of the biggest ...

  35. Aussie File Sharing Service On Trial

    October 26, 2004 12:00 AM EDT Brisbane-based file-sharing Web site MP3s4free.net was one of the biggest copyright infringing services in the world, the Australian Federal Court heard yesterday (Oct. 25). Brisbane-based file-sharing Web site MP3s4free.net was one of the biggest ...