Warner Music Group

  1. 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 ...

  2. Label And Publishing Execs to Watch in 2013

    December 14, 2012 7:09 AM EST Suddenly, the music industry is teeming with executives on the rise, the potential leaders of the music industry over the next decade. For full details on this story, see the Billboard Year-End issue. Check Out All Out Year-End Coverage Right Here ...

  3. Deals to Watch in 2013: AEG, Live Nation, EMI Divestments, More

    December 14, 2012 7:00 AM EST As the year comes to a close, some big deals are still up in the air; and others appear to be waiting in the wings. • The auction for AEG, Anschutz Entertainment Group, which owns more than 100 arenas including Los Angeles' Staples Center and ...

  4. 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 ...

  5. 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 ...

  6. Rick Ross' Maybach Music Group Moves to Atlantic Records; Warner Urban Not Shutting Down

    December 11, 2012 7:25 PM EST gRick Ross is moving his label, Maybach Music Group, to from Warner Bros. to Atlantic Records. Shortly after rumors of the move hit, Rick Ross spoke with through Miami's 99 Jamz to speak about his recent tour cancellation , and to confirm wha ...

  7. Olly Murs Tops UK Album Chart, Gabrielle Aplin Has Top Single With Frankie Goes To Hollywood Cover

    December 10, 2012 7:16 AM EST Olly Murs has the U.K.'s No. 1 artist album for a second week, after "Right Place Right Time" (Epic/Sony Music Entertainment) was confirmed at the summit again by the Official Charts Company on Sunday (12/9). On the singles chart, P ...

  8. Todd Moscowitz Steps Down From Warner Bros., Cameron Strang New Label Head

    December 06, 2012 4:59 PM EST One month after adding Rhino Records to his portfolio of responsibilities, Warner/Chappell Music chairman and CEO Cameron Strang is now adding the Warner Bros. Records label. Strang is replacing president/CEO Todd Moscowitz, who has resigned, the ...

  9. EMI Publishing Catalog Down to Four Suitors, One Bid Outstanding

    November 28, 2012 8:20 PM EST With one bid still outstanding, the auction to sell off a portion of EMI's publishing catalog is now down to four suitors. According to sources, those still in contention to buy the portfolio of songs -- dubbed the Rosetta catalog, which cont ...

  10. Business Matters: The Beats Era Begins at Mog -- Can Iovine and Company Recreate Their Headphone Success?

    November 21, 2012 5:58 PM EST Six months after Mog was acquired by Beats Electronics, founder and CEO David Hyman's departure marks the beginning of the Beats era of the music-subscription service. Several sources tell Billboard.biz that Hyman was "never expected to ...

  11. Imagem That! Meet An Unlikely U.S. Publishing Power Player

    November 19, 2012 12:54 PM EST Richard Stumpf has been a man on a mission since arriving at Imagem with the mandate to lead the Dutch-owned company into the U.S. pop/rock marketplace. As part of that mission, Stumpf, who serves as president of Imagem Music USA, has been worki ...

  12. Morning Fix: Bieber, Minaj Win Big at AMAs; Internet Radio Fairness Opponents Unite; AC/DC Joins iTunes

    November 19, 2012 8:30 AM EST Head HERE to subscribe to Billboard's Morning Fix email and other free music-business newsletters AMERICAN MUSIC AWARDS 2012: JUSTIN BIEBER, NICKI MINAJ TOP EXUBERANT NIGHT: Justin Bieber took home Artist of the Year at the American Music Awa ...

  13. Value of Music Streaming is Data, Says Artist Zoe Keating @FutureSound Conference

    November 18, 2012 9:16 AM EST From left: Ethan Diamond, CEO/Co-Founder, Bandcamp; David Marcus, SVP of Worldwide Artist Services, WMG; Emily White, Co-Founder, Whitesmith Entertainment; Zoe Keating, Artist; consultant Antony Bruno; Jon Irwin, President, Rhapsody International; ...

  14. Jason Flom, John Rudolph to Bid for Universal's EMI Assets: Source

    November 15, 2012 4:15 PM EST Billboard has learned that former Bug Music CEO John Rudolph and Lava Records founder Jason Flom have partnered to throw their hat in the bidding ring for the EMI assets that Universal Music Group must sell as part of the terms of their acquisitio ...

  15. Morning Fix: Artists Chastise Pandora; Nachsin Leaves Roadrunner; Nine Bidding for Parlophone

    November 15, 2012 8:15 AM EST Head HERE to subscribe to Billboard's Morning Fix email and other free music-business newsletters RIHANNA, KATY PERRY, BILLY JOEL, 122 OTHER ARTISTS TELL PANDORA: 'THAT'S NOT HOW PARTNERS WORK TOGETHER': The battle over webcast ...

  16. Updated: Jonas Nachsin Stepping Down as Roadrunner President

    November 14, 2012 11:57 AM EST In a surprise move, after more than 20 years at Roadrunner and 12 as president, Jonas Nachsin is stepping down from that post. At press time, there was no word on who will replace him, but a source told Billboard.biz that new leadership will be an ...

  17. Morning Fix: WMG To Bid on Sony/ATV's Rosetta (Report); Joel Klaiman to Columbia; What Spotify's Valuation Means; Bandpage Expands

    November 13, 2012 7:55 AM EST Head HERE to have Billboard's Morning Fix and other free music-business newsletters sent directly to your inbox BUSINESS MATTERS: A $3 BILLION VALUATION BRINGS SPOTIFY EXPECTATIONS BACK TO EARTH: News that Spotify raised money at a $3 billion ...

  18. Warner Music Group Realigns Structure; Cameron Strang Gets Big Boost

    November 07, 2012 12:00 PM EST The Warner Music Group has implemented an organizational restructuring that was under discussion when Lyor Cohen still headed up the company's recorded music operation. Lyor Cohen and Warner Music Group: What Are the Next Moves? Insiders Weig ...

  19. Robbie Williams Tops UK Singles Chart, Calvin Harris Has No. 1 Album

    November 05, 2012 6:13 AM EST Robbie Williams scored his first U.K. No. 1 single for eight years yesterday with "Candy" (Universal Island) to move into joint second place with Gary Barlow and Cliff Richard on 14 chart-toppers, behind only the four members of the Beat ...

  20. Ben Vaughn Named Warner/Chappell's Nashville EVP

    October 25, 2012 3:06 PM EDT Warner/Chappell Music has appointed Ben Vaughn - an intern for the company at the beginning of his career - to the newly-created position of Executive Vice President of its Nashville office, the company has announced in a statement. Shortly after ...

  21. Warner Music Group Expects Improved Revenues In Q4

    October 16, 2012 10:02 PM EDT When the Warner Music Group (WMG) reports its financials for the three-month period ended Sept. 30, the company expects revenue to total $721 million to $741 million, an improvement over the $719 million reported in the corresponding period for th ...

  22. Ray Charles Songs Lawsuit Could Make Major Impact On Copyright Battles

    October 16, 2012 6:50 PM EDT In a battle over rights to Ray Charles' famous songs, the charitable foundation that was bequeathed the singer's money and assets is suddenly in a tough spot, in danger of losing the substantial revenues that "I Got a Woman," & ...

  23. Business Matters: Spotify UK Shows That the Freemium Model Is Not 'Unsustainable'

    October 09, 2012 6:11 PM EDT A business model that pays rights holders nearly every dollar, euro or pound generated is clearly not sustainable. This fact is obvious to Billboard readers as well as a digital service's management and the company's investors. Last week ...

  24. 'American Idol' Creator Simon Fuller to Bid on EMI Assets

    October 08, 2012 6:54 PM EDT Simon Fuller, the Spice Girls svengali and creator of the TV format behind American Idol, is looking to submit a bid for all the EMI businesses that Universal Music Group must sell. Vivendi-owned UMG recently won regulatory approval of its $1.9 bi ...

  25. Business Matters: Deezer's New Funding Puts It In A Coke/Pepsi Race With Spotify

    October 08, 2012 4:36 PM EDT When music subscription service Deezer confirmed Monday it raised $130 million in a round led by Warner Music Group owner Access Industries , the subscription music market suddenly had two well-funded frontrunners putting their support behind a si ...

  26. Muse Tops UK Album Chart, Rihanna Has No. 1 Single

    October 08, 2012 7:25 AM EDT In a busy week of new entries on the U.K. sales charts, published Sunday (Oct. 7), Muse's "The 2nd Law" (Helium 3/Warner Bros./Warner Music) sold 108,000 units to become their fourth No. 1 in their home territory, while Rihanna' ...

  27. Business Matters: Accounting Explains How Spotify's Business Model Can Succeed

    October 05, 2012 6:15 PM EDT A website that posts the financials of privately held companies has revived the debate about the sustainability about Spotify's business model. This is a debate worth having, but a tweak to Spotify's income statement may lead to a more i ...

  28. Alfonso Perez-Soto Named SVP, Business Development, Latin America, Spain and Emerging Markets at Warner

    October 05, 2012 3:37 PM EDT Warner Music Group today named Alfonso Perez-Soto its new senior vice president, business development for Latin America, Spain and emerging markets. Perez-Soto previous had worked as vice president of the content corporate unit at Telefonica. In h ...

  29. It's Official: John Janick Named President/COO of Interscope Geffen A&M

    October 03, 2012 11:55 PM EDT It's official: As projected by Billboard.biz in June, John Janick has been named president and chief operating officer of Interscope Geffen A&M , the label announced today. Janick joins the company after 16 years at the helm of the indie ...

  30. Mumford & Sons Debut With No. 1 Album, PSY Climbs To Summit On UK Charts

    October 01, 2012 8:51 AM EDT Mumford & Sons made a bold return to the U.K. bestsellers yesterday (Sunday) as their sophomore album Babel (Universal Island) debuted at No. 1 with opening sales of just under 159,000, the best first-week tally of any artist in 2012. Meanwhil ...

  31. Morning Fix: BET Brawl Video; Artists Protest Parlophone Sale; Big Album Debuts; Jay-Z Opens Barclays

    October 01, 2012 7:14 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters BET HIP-HOP AWARDS MARRED BY SCUFFLE: Atlanta police officers broke up an altercation Saturday evening between groups at the seventh annual BET Hip-Hop Awards though no arr ...

  32. 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 ...

  33. Morning Fix: N.Z. Apologizes to Kim Dotcom; Mumford & Sons Juggernaut; Lyor Cohen Mgmt Firm?

    September 27, 2012 7:13 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters LIL WAYNE PASSES AN ALL-TIME ELVIS PRESLEY HOT 100 MARK: Lil Wayne has just topped Elvis Presley's mark for the most Hot 100 appearances among solo acts . As he debuts ...

  34. Morning Fix: Katy Perry Named Woman of the Year; Lyor Cohen Speculation; Maybach Music Tour

    September 26, 2012 7:43 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. KATY PERRY NAMED BILLBOARD WOMAN OF THE YEAR: Billboard has announced that Katy Perry will accept its coveted Woman of the Year Award at the 2012 Billboard Women in Music ...

  35. 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 ...

  36. 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 ...

  37. Business Matters: Universal's Deal for EMI No Longer a Sure Thing, But Still Worthwhile

    September 21, 2012 10:00 PM EDT How much will Universal Music Group miss that pound of flesh the European Commission took when it forced considerable concessions from the world's largest record company in exchange from its approval of a merger with EMI Music? That's th ...

  38. Universal Music-EMI Merger: UMG Struck Gold With PolyGram in the 1990s, Can They Do It Again?

    September 21, 2012 5:45 PM EDT Now that the Universal Music Group has approval to complete its acquisition of EMI's recorded music operation , it will hit the ground running to integrate the two companies, insiders say. The Universal Music Group already presided over a hig ...

  39. Universal-EMI: Lucian Grainge, IMPALA, Martin Mills, Other Reactions to Deal's Approval

    September 21, 2012 3:14 PM EDT As expected, the approval by the European Union and the Federal Trade Commission has inspired a number of dramatically opposing comments and reactions from the parties affected by and involved in the deal. Here's a collection of several we� ...

  40. FAQ on Approval of Universal Music - EMI Deal

    September 21, 2012 1:50 PM EDT As Universal Music Group's acquisition of EMI Music's recorded music division today received approval from both European and U.S. regulators , details have emerged about the exact steps Universal must take to win European Commission supp ...

  41. Sony/ATV Auction for Virgin, Famous UK Catalogs Begins

    September 21, 2012 6:30 AM EDT The package of assets -- comprised of 30,000 copyrights from the Virgin and Famous Music U.K. publishing catalogs -- that the Sony-led consortium agreed to sell in order to gain regulatory approval to buy EMI Music Publishing is about to hit the a ...

  42. Universal Music-EMI Deal Approved by European Union

    September 21, 2012 6:19 AM EDT European Union regulators today formally approved Universal Music Group's $1.9 billion acquisition of the recorded music unit of EMI Music. As expected, the approval is contingent upon divestments to limit the combined companies' market ...

  43. Business Matters: Reports of the Death of Major Labels Are Greatly Exaggerated

    September 17, 2012 6:16 PM EDT People I talk to seem to be split between two opinions: the majors are doing OK; and the majors are doomed. If people come from the world of independent music they tend to be biased against the major labels or downright distrustful of them. If the ...

  44. Universal Music-EMI Deal Expected to Be Approved by EU Friday

    September 13, 2012 7:11 PM EDT The Universal Music Group's proposed acquisition of EMI is headed for the endgame in the regulatory process. According to sources, on Friday the European Commission will put the deal and the concessions package to vote before full college of ...

  45. It's Official: Jon Platt Named Warner/Chappell's President, Creative for North America

    September 10, 2012 4:45 PM EDT As reported by Billboard.biz last week, Jon Platt has been named president creative - North America, it was officially announced today by Warner/Chappell Music's chairman/CEO Cameron Strang. In his new post, Platt will oversee the company ...

  46. 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 ...

  47. Olympics Bump Sends Emeli Sande (and 123 Others) Up UK Charts

    August 20, 2012 7:29 AM EDT Scottish singer-songwriter Emeli Sandé's huge exposure via her performances at the London 2012 Olympics closing ceremony on Aug. 12 sent her debut album Our Version of Events (Virgin/EMI) back to No. 1 on the U.K. chart yesterday (Sunday), as ...

  48. Rihanna's 'Talk That Talk' Tops UK Charts With Lowest-Selling No. 1 Album

    August 13, 2012 8:51 AM EDT Rihanna's "Talk That Talk" (Def Jam/Universal) returned to the top of the U.K. album chart on Sunday (Aug. 12), as "Heatwave" (One More Tune/Warner Bros./Warner Music) by British rapper Wiley featuring Ms D started a secon ...

  49. Business Matters: Warner Getting Big Gains from Spotify, Pandora, YouTube and other Streaming Services

    August 09, 2012 5:23 PM EDT Warner Gets A Quarter of Digital Revenue From Streaming Warner Music Group is getting good growth from streaming services, which now account for 25% of its recorded music digital revenue. The other important news in the company's Thursday ear ...

  50. WMG Finds YouTube Success

    August 09, 2012 3:35 PM EDT Though they take different approaches to video programming, Warner Music Group and Maker Studios are showing how YouTube's original channels can transform older businesses and build new ones. WMG's YouTube channel, the Warner Sound, allo ...

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