Warner Music Group

  1. Lachie Rutherford, President, Warner Music Asia Pacific, Will Retire at End of Year

    October 24, 2014 8:00 AM EDT Warner Music Group has announced that Lachie Rutherford , president, Warner Music Asia Pacific, will retire at the end of the year and Simon Robson , who is currently COO and CFO of Warner Music UK, will fill the position. Robson will report to ...

  2. 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 ...

  3. SoundCloud Nearing Deal with Major Labels for Pieces of Its Pie (Updated)

    July 11, 2014 1:15 PM EDT SoundCloud is going fully legit, with the company rumored to be selling the three major labels a 9-15% total stake, according to sources cited by Bloomberg . The deal has yet to be announced due to certain parties being closer than others in sig ...

  4. Microsoft Opens Xbox Music to App Makers

    July 07, 2014 4:01 PM EDT Xbox Music has become the latest music streaming services platform to open up its API to third-party app developers , according to a post on Microsoft's MSDN blog  detailing API features like access to and management of metadata, affiliation ...

  5. Anonymous Hacks Warner Music's Website in Argentina

    July 03, 2014 8:17 AM EDT The attack is a protest revenge against local government for blocking The Pirate Bay on Monday. BUENOS AIRES – Activist network Anonymous hacked Warner Music’s Argentine website Wednesday as a protest against the local government's decision t ...

  6. 'We Want to Compete,' Says Secretly's Van Arman, Ahead of His Congressional Testimony Tomorrow (Guest Post)

    June 24, 2014 12:46 PM EDT Darius Van Arman is co-founder and co-owner of Secretly Group, an independent label group that is based in Indiana. He currently serves on the boards of A2IM, SoundExchange and Merlin. Tomorrow (June 25), he is providing testimony on behalf of ...

  7. Amazon Launches Prime Music Streaming Service, Minus UMG

    June 12, 2014 8:02 AM EDT The new streaming services features catalog titles, tethered downloads and music from just two of the three major labels.   When Amazon launched its Amazon Prime music subscription service this morning, it immediately became one of the largest pai ...

  8. Heads of RCA, Republic, Atlantic, More Talk Regrets, Data vs. Heart, Austin Mahone Syndrome at New Music Seminar

    June 11, 2014 11:10 AM EDT “You would be amazed by how many people at some very high levels who are managing some very good acts who really don’t know shit," said president and COO of RCA Records Tom Corson Monday at a freewheeling New Music Seminar panel entitled “Lab ...

  9. The Future of Interscope: Iovine Is Gone, But It's Still Full Steam Ahead

    June 06, 2014 4:12 PM EDT Jimmy Iovine’s gone. But the label he helped build isn’t missing a beat. A version of this article first appeared in the June 14th issue of Billboard Magazine . Your company is losing one of the biggest names in the business, a genuine titan who ...

  10. Interns Win Class Certification in Lawsuit Against WMG (Updated)

    May 14, 2014 11:24 AM EDT Meanwhile, an internship lawsuit against a modeling agency settles for $450,000 and an important appellate battle heats up. The ex-interns suing Warner Music over unpaid positions have been given the green light to alert more than 3,000 others who ...

  11. WMG Attributes Q2 Decline to Light Release Schedule

    May 08, 2014 9:31 AM EDT The Warner Music Group attributed its fiscal second quarter decline in revenue to a light release schedule while blaming growth in red ink to an increase in product costs. For the quarter ended March 31, 2014, the company lost $60 million on reven ...

  12. Warner Music Group Adds Three to Board of Directors

    May 02, 2014 5:40 PM EDT Warner Music Group's busy year continues. The major has elected three new members to its board: Mathias Döpfner, Noreena Hertz and Oliver Slipper. The three will increase the board's chair count to 11, up from 8. Döpfner brings extensive ...

  13. Warner Acquires Gold Typhoon Group To Grow China Presence

    April 28, 2014 9:00 PM EDT Warner Music Group has signed a deal to acquire the recorded music catalog and artist roster of Gold Typhoon Group, one of the largest independent music companies in Greater China. The deal was formally announced Monday (April 28) and is due to ...

  14. Prince Gets Masters Back, Which Labels Say 'Scares Us Silly'

    April 25, 2014 3:02 PM EDT 93 3.277 k 157 0 This article was first published in the May 3rd issue of Billboard . The April 18 announcement that Prince had re-signed with his first label, Warner Bros. Records, where he had resided from 1978 to 1996 and produced some of his best-sell ...

  15. Indies Band Together to Challenge Major Distribution Model

    April 21, 2014 1:42 PM EDT A powerful collective of five independent labels is ratcheting up the tug-of-war between indies and major-label-owned distribution companies with a new agreement that allows its members to keep their digital distribution rights. This article was ...

  16. Record Labels Sue Pandora Over Pre-1972 Recordings

    April 17, 2014 6:07 PM EDT As expected, the three major labels, ABKCO, and the RIAA filed a copyright infringement lawsuit in New York state court against Pandora for playing pre-Feb. 15, 1972 recordings without making any royalty payments. This suit is a follow-up to th ...

  17. Amway Accuses the Majors of an 'Ambush'

    April 08, 2014 5:28 PM EDT "This case is about the three biggest Record Companies in the world conspiring to break promises they made to Amway, to ambush Amway, and to entrap people who uploaded videos with the Record Companies' copyrighted sound recordings on to ...

  18. Alain Lanceron Named President, Warner Classics and Erato; Senior Team Confirmed

    April 07, 2014 7:10 PM EDT Warner Music Group has announced Alain Lanceron will lead its Classics division as president. The label also named a full senior team supporting him.  In his newly-created role of President, Warner Classics and Erato, Lanceron will head Warner Mus ...

  19. Morning Fix: Billboard, Twitter Partner for 'Real-Time Charts'; Pitbull's Billion Dollar Brand; 4th Person Dies From SXSW Crash Injuries; Facebook to Bring Internet Everywhere

    March 28, 2014 8:45 AM EDT Get the Morning Fix Delivered To Your Inbox HERE BILLBOARD AND TWITTER PARTNER TO CREATE 'BILLBOARD TWITTER REAL-TIME CHARTS' New charts will be the first to use Twitter data to identify the top and emerging tracks and artists of the mom ...

  20. Warner Music Group to Refinance Debt, Stands at $3.1 Billion

    March 27, 2014 2:03 PM EDT The Warner Music Group is refinancing its debt to achieve lower interest rate payments, with expected savings to total nearly $30 million annually, according to a report from Moody's Investors Service. But the new issues will also raise the c ...

  21. Morning Fix: Warner Music CFO Resigns, Warner Japan Gets New CEO, COO; What Disney's Maker Buy Means for Tech; Music and Data Get It On

    March 26, 2014 8:45 AM EDT Get the Morning Fix Delivered To Your Inbox HERE WARNER MUSIC CFO BRIAN ROBERTS RESIGNS Warner Music Group's chief financial officer and executive vice president Brian Roberts has resigned, according to a document filed Tuesday with the Secur ...

  22. Warner Music CFO Brian Roberts Resigns

    March 25, 2014 9:10 PM EDT Warner Music Group's chief financial officer and executive vice president Brian Roberts has resigned, according to a document filed Tuesday with the Securities and Exchange Commission. Brian Roberts Kazuyuki Kobayashi Appointed Warner Music J ...

  23. Kazuyuki Kobayashi Appointed Warner Music Japan CEO, Shuji Utsumi Named COO

    March 25, 2014 8:39 PM EDT Warner Music Group announced today Kazuyuki "Kaz" Kobayashi as Chief Executive Officer for Warner Music Japan. Shuji Utsumi was also named Chief Operating Officer.  Related Articles Warner Music Japan Chairman/CEO Retiring, Named Honora ...

  24. Morning Fix: Christian Rap Goes Mainstream; Big Machine Relaunches Dot Records; Meet Us, Vine's First Major-Label Story

    March 25, 2014 8:45 AM EDT Get the Morning Fix Delivered To Your Inbox HERE AGAINST THE TIDE, CHRISTIAN RAP GROWS AND GOES MAINSTREAM "We live under the banner of Romans 1:16, which says: 'For I am not ashamed of the gospel, for it is the power of God for salvatio ...

  25. Exclusive: Veteran Music Exec Doug Morris To Receive Songwriting Hall's Hitmaker Award

    March 12, 2014 8:00 AM EDT Doug Morris is not just one of the most successful record executives in history after his record-breaking stints at Warner Music Group, Universal Music Group and currently as Sony Music Entertainment ceo. Related Articles Billboard Power 100 2014: ...

  26. Warner Bros. Records Ups Lori Feldman to EVP of Brand Partnerships/Creative Synch Licensing

    March 11, 2014 7:44 PM EDT Lori Feldman, a nearly 20-year veteran at Warner Bros. Records, has been promoted to executive VP of brand partnerships and creative synch licensing. In her new role, Feldman will continue to create brand partnerships and licensing opportunities f ...

  27. Warner Music Begins Auctioning Off Assets to Indies Following Parlophone Acquisition

    March 03, 2014 12:55 PM EST The Warner Music Group has begun the process of divesting of some of its artist and catalog holdings to accommodate a deal it made with indie trade organizations Impala and Merlin when it acquired Parlophone Records last February, according t ...

  28. David Byrne, Marc Ribot, Chris Ruen Lead Rally For Radio to Pay Performance Royalties

    February 26, 2014 6:23 PM EST The Content Creators Coalition sponsored an event in New York City calling on terrestrial radio to pay artists performance rights royalties.   “Out of respect for the artist, we ask that you not make video recordings of the performances you are a ...

  29. Spotify Drove Universal Music’s 75% Jump in Streaming Revenue Last Year

    February 25, 2014 8:15 PM EST Spotify drove a large part of the 75% jump Universal Music Group achieved in 2013 in subscription and streaming revenue, according to a source familiar with the music group’s financial statements. During the conference call, Vivendi reported that ...

  30. Morning Fix: WME Partners for Six Country Festivals; What WMG's Shazam Deal Means for Music; 'American Idol' Suit Slams Sony; 'Guardians' Trailer Boosts 'Hooked on a Feeling'

    February 21, 2014 8:45 AM EST Get the Morning Fix Delivered To Your Inbox HERE ADA PARTNERS WITH MUTE, BEEFS UP MANAGEMENT The Alternative Distribution Alliance is taking measures to boost its international capabilities by adding staff and adding the Warner Music Group local t ...

  31. Warner Music's Shazam Deal: What It Means For Music

    February 20, 2014 8:02 PM EST Warner Music Group's announcement this week that it has entered into a strategic collaboration with Shazam is the latest example of traditional music labels embracing social data to reinvent the way they do business. The deal lets Warner a ...

  32. ADA Partners with Mute, Beefs Up Management

    February 20, 2014 3:22 PM EST The Alternative Distribution Alliance is taking measures to boost its international capabilities by adding staff and adding the Warner Music Group local teams around the globe to its efforts. In another move, ADA has signed a "partnership&quo ...

  33. Business Matters: Lyor Cohen's Midem Sound and Fury

    February 11, 2014 4:00 PM EST Lyor Cohen, who built a 32-year music career on pulling rabbits out of a hat, tried to do so again last week at Midem, one of the industry’s key conferences. In a keynote talk at the Cannes event, Cohen casually mentioned a deal he had signed the ...

  34. Atlantic's Camille Hackney Talks Warner Music's Global Brand Partnerships Council, Bruno And Olympics (Q&A)

    February 07, 2014 4:05 PM EST Camille Hackney has already had a very busy 2014. As exec VP-brand partnerships and commercial licensing at Atlantic Records, she’s been the first point of contact for brands and artists at events like CES, the Grammys and this past weekend’s Supe ...

  35. Executive Turntable: Square, Adams Fox Promoted at ADA; Rose Slanic Named GM, North America for Eleven Seven Music Group; More

    February 07, 2014 1:15 PM EST Square, Adams Fox Promoted at ADA Brandon Square has been promoted to senior vice president of digital strategy and revenue at ADA Worldwide, while Tatia Adams Fox has been named senior vice president of marketing for ADA. Based in New York, bot ...

  36. 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 ...

  37. Former Warner Exec Accused of Embezzling Over $1 Million (Report)

    February 05, 2014 3:40 PM EST Danielle Smith, a former executive at Warner Music Group, was arraigned on a charge of first-degree grand larceny after Smith allegedly embezzled $1.3 million from her former employer. The news was first reported by the New York Post. Smith allege ...

  38. Investors Put $2.4 Billion Into Music In 2013, Streaming Tops List

    January 31, 2014 5:48 PM EST The big got bigger and the rich got richer in 2013. In the 57 investment deals totaling over $2.4 billion tracked by Billboard, nearly 9 in 10 dollars invested went to a traditional music company, an EDM concert promoter or a company that stre ...

  39. Eminem, Diddy, Ice Cube Among Legendary Hip-Hop Line-Up Playing Tonight's Beats Music Launch Party

    January 25, 2014 2:00 AM EST Billboard and THR have learned that Eminem will be performing at tonight's Beats Music launch party along with a constellation of primarily old school hip-hop luminaries that includes, Ice Cube, Sean "Diddy" Combs, Geto Boys, Metho ...

  40. Counting Crows Latest to Go to Court Over Digital Royalties

    January 14, 2014 9:07 PM EST On Tuesday, the Counting Crows filed a lawsuit against Universal Music Group, becoming the latest musicians to allege they've been cheated out of digital income. The California band believes that UMG should be treating downloads of hits like ...

  41. Canada’s Digital Music Sales Rise in 2013 Unlike the U.S.; Eminem, Robin Thicke Among Top Selling Artists

    January 10, 2014 4:37 PM EST Digital music sales for 2013 were up in Canada from the previous year, according to a year-end report released today by Nielsen SoundScan. Digital album sales rose 9% from 2012, moving 11.4 million units from 10.5 million, while digital track sale ...

  42. Lyor Cohen To Deliver Keynote Q&A At Midem, Tom Silverman To Conduct Interview

    January 07, 2014 9:00 AM EST Former Warner Music Group recorded music chief Lyor Cohen has been confirmed as a keynote speaker at this year’s Midem trade fair in Cannes, where he will outline his plans for his new Google-backed label venture 300. Lyor Cohen Unveils 300, New & ...

  43. Digital Music Sales Decrease For First Time in 2013

    January 03, 2014 9:21 AM EST .301 k 1.134 k 75 For the first time since the iTunes store opened its doors, the U.S. music industry finished the year with a decrease in digital music sales. Nielsen SoundScan Mid-Year Report: Digital Album and Single Sales Slow Justin Timberlake&# ...

  44. Warner Music Group Submits Class Action Settlement For Digital Royalties Suit

    December 31, 2013 6:31 PM EST The Warner Music Group has submitted a settlement to the class action lawsuit filed by artists who claimed they were entitled to be paid on a licensing basis instead of a royalty basis for download and mastertones. The difference is basically w ...

  45. The Year In Music 2013: Top Music Industry Quotes of the Year

    December 30, 2013 11:12 AM EST From top-level music industry executives to superstar artists, Billboard.biz presents the top quotes of 2013. Read the 28 quotes below, from Radiohead's Thom York calling Spotify "the last desperate fart of a dying corpse," to fo ...

  46. Executive Turntable: Greg Marella Joins Kemosabe as EVP; Laura Bender Promoted at ADA; Mom + Pop Hire Julia Willinger, More

    December 20, 2013 10:57 AM EST Laura Bender Promoted ADA Regional Program Director After promoting Ari Taitz and Kenny Weagly to chief operating officer and SVP of A&R and label services, respectively, back in November, ADA has announced several new appointments. Laura Bend ...

  47. Coldplay, David Guetta Go To Atlantic Records; Radiohead & Pink Floyd Catalogs, Kylie Minogue, Damon Albarn To Warner Bros: WMG’s US Plans for Parlophone (Exclusive)

    December 18, 2013 10:01 AM EST Warner Music Group has finalized the integration of Parlophone’s roster into its U.S. label structure following the acquisition of the record imprint from Universal Music Group for £487 million (about $765 million) earlier this year, Billboard ...

  48. Warner Music's Revenues Rise, Losses Widen in Latest Quarter

    December 12, 2013 10:14 AM EST The Warner Music group posted a $57 million net loss on revenue of $764 million for the quarter ending Sept. 30. That represented an increase of 4.5% from $731 million in revenue during the corresponding quarter of the prior year, thanks largely t ...

  49. Being a 'Music Executive' Isn't Enough Anymore (Op-Ed)

    December 10, 2013 12:57 PM EST "We’re no longer in the music business -- it doesn’t exist anymore. We’re in the multimedia business.” This was artist manager Scooter Braun speaking to Billboard for a story about his and fellow managers Troy Carter and Guy Oseary’s inve ...

  50. WMG Launches Warner Music South Africa (Exclusive)

    December 05, 2013 8:42 AM EST Warner Music Group (WMG) has announced the launch of Warner Music South Africa, following a buyout of Gallo Records’ share of the existing joint venture Warner Music Gallo Africa. Warner Music Gallo Africa was established in 2006 as a joint ventur ...

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