WMG

  1. Waits Questions Download Royalties

    June 07, 2005 12:00 AM EDT A suit filed by Tom Waits' Third Story Music against Warner Music Group seeks to set the record straight on whether a label that provides recordings for digital downloads is licensing masters or selli NEW YORK -- A suit filed by Tom Waits ...

  2. Waits Sues WMG Over Download Payments

    June 02, 2005 12:00 AM EDT Suit seeks definition of licensing vs. sales. Tom Waits’ Third Story Music sued Warner Music Group May 31, seeking a court declaration of whether providing recordings for digital downloads should be classified as a license or a sale. The complaint ...

  3. Waits Sues WMG Over Download Payments

    June 02, 2005 12:00 AM EDT Suit seeks definition of licensing vs. sales. Tom Waits’ Third Story Music sued Warner Music Group May 31, seeking a court declaration of whether providing recordings for digital downloads should be classified as a license or a sale. The complaint ...

  4. WMG Stock Ends Second Day Down 1.8%

    May 12, 2005 12:00 AM EDT Warner Music Group stock fell another 1.8% in its second day of trading, closing at $16.10 today (May 12). The stock is down 90 cents from the $17 price tag it carried when it issued its IPO. Warner Music Group stock fell another 1.8% in its secon ...

  5. WMI Names CFO In London

    April 19, 2005 12:00 AM EDT Jos de Raaij worked for WMG in New York. Jos de Raaij worked for WMG in New York. News Jos de Raaij ...

  6. WMG Sets IPO Price Range

    April 19, 2005 12:00 AM EDT Warner Music Group has set a price range of $22-$24 for its upcoming initial public offering. NEW YORK -- Warner Music Group has set a price range of $22-$24 for its upcoming initial public offering. The company says in a filing with the Securitie ...

  7. WMG Sets IPO Price Range

    April 18, 2005 12:00 AM EDT Shares to be set at $22-$24. Warner Music Group has set a price range of $22-$24 for its upcoming initial public offering. The company says in a filing with the SEC that it intends to offer 27.17 million shares to the public. In addition, WMG' ...

  8. WMG Eyes $581M From IPO

    April 08, 2005 12:00 AM EDT Most proceeds will pay debt, owners. Warner Music Group says in a filing with the Securities and Exchange Commission that it expects to receive net proceeds of $581 million after deducting expenses associated with its upcoming $750 million initial ...

  9. UMG, WMG Form Joint Royalty-Accounting Firm

    October 26, 2004 12:00 AM EDT Universal Music Group and Warner Music Group are forming a joint-venture company that will take over key royalty accounting functions for both major labels within two years. Exigen Group, a San Franci NEW YORK -- Universal Music Group and Warner M ...

  10. UMG, WMG Form Joint Royalty-Accounting Firm

    October 22, 2004 12:00 AM EDT Universal Music Group and Warner Music Group are forming a joint-venture company that will take over key royalty accounting functions for both major labels within two years. Exigen Group, a San Franci Universal Music Group and Warner Music Group a ...

  11. WMG To Hand $350M To Investors

    October 04, 2004 12:00 AM EDT Warner Music Group says that it wants to return $350 million to its investors. The money -- which is earmarked for the equity shareholders that led the acquisition of the company from Time Warner -- Warner Music Group says that it wants to return ...

  12. Report: Warner Music Planning IPO

    September 23, 2004 12:00 AM EDT Warner Music Group is eyeing a public stock issue as early as next spring, according to a report published in the British trade press today (Sept. 23). Warner Music Group is eyeing a public stock issue as early as next spring, according to a repor ...

  13. Revamped WMG Posts First-Half Gains

    August 19, 2004 12:00 AM EDT Warner Music Group says it swung to a first-half profit of $21 million, reversing a $36 million loss in the same period a year ago. Warner Music Group says it swung to a first-half profit of $21 million, reversing a $36 million loss in the same pe ...

  14. Maverick/WMG Case Raised Unanswered Issues of Precedent

    June 21, 2004 12:00 AM EDT While most attorneys surveyed by ELW view the settlement of the litigation between Maverick Records, which was co-founded by Madonna, and Warner Music Group as the smart thing to do, some are disappoi NEW YORK -- While most attorneys surveyed by E ...

  15. Warner, Maverick Settle Suits, Extend Ties

    June 14, 2004 12:00 AM EDT WMG to buy majority stake; Oseary to re-up. Warner Music Group says it has reached an agreement in principle with Maverick Records to settle their litigation and extend the Maverick joint venture. WMG will purchase the separate interests held in M ...

  16. Warner, Maverick Settle Suits, Extend Ties

    June 14, 2004 12:00 AM EDT WMG to buy majority stake; Oseary to re-up. WMG to buy majority stake; Oseary to re-up. News ...

  17. Warner, Maverick Settle Suits, Extend Ties

    June 14, 2004 12:00 AM EDT WMG to buy majority stake; Oseary to re-up. Warner Music Group says it has reached an agreement in principle with Maverick Records to settle their litigation and extend the Maverick joint venture. WMG will purchase the separate interests held in M ...

  18. Helen Murphy Splits Warner Music Group

    June 03, 2004 12:00 AM EDT Helen Murphy is leaving as executive VP/CFO of Warner Music Group. Michael Ward, executive VP of Bain Capital, will serve as acting CFO while WMG conducts a search to replace her. Helen Murphy is leaving as executive VP/CFO of Warner Music Group. ...

  19. Maverick Disputes WMG's Loss Claim

    April 22, 2004 12:00 AM EDT An attorney for Maverick Records is disputing a claim by Warner Music Group that the label has lost $66 million since 1999. Bert Fields, the attorney representing Maverick in its legal tussle with WMG An attorney for Maverick Records is disputing ...

  20. Maverick Disputes WMG's Loss Claim

    April 22, 2004 12:00 AM EDT An attorney for Maverick Records is disputing a claim by Warner Music Group that the label has lost $66 million since 1999. Bert Fields, the attorney representing Maverick in its legal tussle with WMG An attorney for Maverick Records is disputing ...

  21. Court Filing: Maverick Has Lost $66 Million

    April 20, 2004 12:00 AM EDT Label sparring with WMG over value, ownership. Label sparring with WMG over value, ownership. News ...

  22. Warner Music Colombia Closing Shop

    March 04, 2004 12:00 AM EST Restructuring axes local WMG division. Restructuring axes local WMG division. News ...

  23. Layoffs Loom As WMG Buyout Finalized

    March 01, 2004 12:00 AM EST With the ink less than 24 hours dry and the $2.6 billion wire transfer having finalized the deal this morning (March 1), the new owners of the Warner Music Group are gearing up to slash 1,000 jobs wor With the ink less than 24 hours dry and the $2 ...

  24. Warner Music Group Eyes Major Staff Cuts

    January 15, 2004 12:00 AM EST Warner Music Group has formed five task forces designed to identify potential overhead reductions within specific departments, sources say. This comes on the heels of a mandate that went into effect i Warner Music Group has formed five task forces ...

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