Warner Music Group

  1. Updated: Edgar Bronfman Jr. to Step Down as Warner Music Group Chairman, No Successor Named

    December 05, 2011 3:38 PM EST Warner Music Group Chairman Edgar Bronfman Jr., who stepped down as CEO earlier this year, announced to the company's staff in a memo today that he's relinquishing the chairman role as well. "I wanted to let you know that, as my oth ...

  2. Warner Internal Memos: Bronfman, Blavatnik On Chairman Changes

    December 05, 2011 3:25 PM EST Warner Music Group Chairman Edgar Bronfman Jr., who stepped down as CEO earlier this year, announced to the company's staff in a memo today that he's relinquishing the chairman role as well. WMG, of course, was sold to Len Blavatnik' ...

  3. MTV Nearing Deal to License Vevo Videos

    December 02, 2011 6:06 PM EST Vevo and MTV are in talks for a deal that would allow MTV to license Vevo's videos for its own properties an MTV spokesperson confirmed to Billboard.biz. The deal, as first reported by CNET , would be a truce of sorts in the ongoing battle be ...

  4. Exclusive: Vice Launches Three-Year Global Partnership With Warner Bros. Records

    November 22, 2011 9:05 AM EST Four years after parting ways with Atlantic Records, Vice Music is re-teaming with Warner Bros. Records for a three-year global partnership, encompassing distribution, marketing, touring support and other components. Vice Music, the in-house recor ...

  5. Van Halen To Sign With Interscope

    November 11, 2011 5:42 PM EST Iconic rock band Van Halen are set to sign with Interscope Records, says a source familiar with the negotiations. The deal is expected to be finalized next week, marking the first time in 35 years that the band will not release music through Warne ...

  6. Sony/EMI Deal: Publishing Companies Would Remain Separate, But Managed by Sony

    November 11, 2011 4:05 PM EST While Citigroup and the Sony-led investment group are still working on the final wording for the purchase agreement so it can be signed, sources say that that Sony/ATV Music Publishing will manage the EMI publishing assets, but its own copyrights ...

  7. Warner Music Group Names Brian Roberts CFO, Effective January

    November 10, 2011 8:10 PM EST The Warner Music Group continues to realign its management team, this time naming Warner/Chappell CFO Brian Roberts to become the WMG's CFO, effective Jan. 1. He will replace Steve Macri, who has been CFO since 2008. Macri will stay on throug ...

  8. IMPALA Calls For European Commission To Intervene In EMI Sale

    November 09, 2011 6:00 PM EST IMPALA, the Brussels-based Independent Music Companies Association, has called on the European Commission to intervene on its behalf should Universal or Sony attempt to buy EMI. The news follows recent reports that Universal Music Group (UMG) has ...

  9. Lyor Cohen Realigns WMG Senior Management, Warner Music Europe CEO John Reid Departs

    November 09, 2011 3:15 PM EST WMG Recorded Music Chairman and CEO Lyor Cohen In one of his first moves as the head of recorded music operations worldwide, WMG Recorded Music chairman and CEO Lyor Cohen has flattened the company's management structure by creating a global ...

  10. Dr. Luke Signs Label Deal With Sony, Doug Morris Calls Hitmaker His 'New Jimmy' Iovine

    November 08, 2011 8:04 AM EST Since jumping ship to Sony Music back in July, after 15 years at the helm of Universal Music Group, CEO Doug Morris has kept a fairly low public profile, turning down nearly every interview request that's come his way. Now, after some three m ...

  11. EMI: Access/Warner Pulls Out of Auction

    October 30, 2011 9:28 PM EDT In an apparent game of brinkmanship, Len Blavatnik's Access Industries has pulled out of the auction for EMI's recorded music operation, sources confirmed to Billboard.biz, even though the company was said to be the front-runner in the b ...

  12. Kei Ishizaka Named Chairman, CEO of Warner Music Japan

    October 28, 2011 8:55 AM EDT Kei Ishizaka has been named Chairman & CEO, Warner Music Japan accourding to an announcement by Warner Music Group. Effective Nov. 1, Ishizaka will oversee all aspects of Warner Music Japan's domestic and global repertoire and will report ...

  13. Updated: As EMI Auction Hits Home Stretch, Who's in the Lead? Depends Who's Talking ...

    October 27, 2011 3:00 PM EDT UPDATE Friday 6 p.m. ET : While it was widely speculated that there would be news about the status of EMI's auction today (October 28), the week is closing with negotiations still ongoing, sources tell Billboard.biz. The biggest hold-up revol ...

  14. YouTube With New Deals Expanding as Music Destination

    October 20, 2011 8:05 AM EDT NEW YORK (AP) -- YouTube has been very good to bedroom singers, who have found a quick path to fame, and major labels, which have benefited from some of the largest digital audiences for their top music videos. But the middle tier - hundreds of in ...

  15. EMI: With Bids Low, Company Considers Whether to Split Up or Postpone Sale

    October 17, 2011 4:05 PM EDT While Citigroup is keeping all five known EMI bidders on the hook, it isn't yet actually conducting a formal third round of bidding with a deadline, sources tell Billboard.biz. Instead, they have been in touch with all bidders, asking them to ...

  16. Watch: Blippar Augmented Reality App with Warner Music Nashville's Hunter Hayes

    October 14, 2011 4:26 PM EDT Warner Music Nashville has paired with Blippar to enable the UK-based developer's mobile app to offer fans a different way to access music and video. A sticker on the front of Hunter Hayes' new, self-titled CD on the label notes the &quo ...

  17. Mel Lewinter Named EVP of Label Strategy for Sony Music Entertainment

    October 11, 2011 4:10 PM EDT Mel Lewinter has been named executive vice president of label strategy for Sony Music Entertainment, the company announced today. Lewinter is of course a longtime associate of Sony CEO Doug Morris, who announced Lewinter's long-expected appoi ...

  18. EMI Auction: Second-Round Bids Are In, Questions Still Looming

    October 06, 2011 10:06 PM EDT With the second-round bids for EMI now in (as of Oct. 5), it will take a few days for clarity about the situation to emerge, sources say. Of course, Citigroup and EMI know what they have in hand, but bidders and their consultants are unsure of whe ...

  19. EMI Auction: Who's Got the Inside Track?

    September 30, 2011 4:30 PM EDT With the second-round, Oct. 5 deadline looming large in the EMI auction process, it sounds like the strategic bidders have the inside track, according to an informal survey of bidders, consultants involved in the deal and industry sources generall ...

  20. Michael Nash, Warner Music's 'Top Digital Guru,' Leaving; Stephen Bryan Named Successor

    September 20, 2011 5:00 PM EDT The Warner Music Group top digital guru Michael Nash is leaving the company and will be replaced by Stephen Bryan, who has been promoted to executive VP of digital strategy and business development for recorded music. Bryan, who recently served as ...

  21. BMG's Purchase of Bug Music Finds It Closing in on Majors

    September 16, 2011 2:17 PM EDT There's been a persistent rumor about BMG Rights Management, the music publishing joint venture between German media giant Bertelsmann and private-equity firm Kohlberg, Kravis & Roberts: If it doesn't succeed in acquiring the publish ...

  22. WEA Lays Off 25 Staffers Due to Online Ordering System, Overhead Trim

    September 15, 2011 3:37 PM EDT Last week, while Warner Bros. Records was merging the WB and Reprise promotion staffs into one , WEA was also letting go about 25 staffers, including longtime employees Paul McDermott and Paul Solce. According to sources, those cuts were largely f ...

  23. Amid Layoffs, Is Warner Bros. Records Abandoning Rock Music?

    September 09, 2011 8:56 PM EDT The goodbye email from Reprise senior vice president of promotion Mike Rittberg said it all. "Before my first job at a record store I had dreamed to work at Warner Bros. Records," he wrote on Sept. 8, the day he and more than a dozen oth ...

  24. Updated: Layoffs At Warner Bros./Reprise

    September 08, 2011 2:40 PM EDT Layoffs took place in the promotion department of Warner Music's labels today, sources tell Billboard.biz. People let go include Reprise Senior Vice President of Promotion Mike Rittberg, Warner SVP Ron Cerrito, Reprise VP of Pop Promotion Bob ...

  25. Denis Handlin, Sony Music Australia CEO, To Also Oversee China, Taiwan, Hong Kong, India, Middle East

    September 01, 2011 6:31 PM EDT Sony Music Australia's longtime chief Denis Handlin is adding more responsibilities to an already busy domestic and international brief, Billboard.biz can reveal. In addition to Handlin's current duties as chairman and CEO of Sony Music& ...

  26. Edgar Bronfman's Next Task At Warner Music Group: EMI?

    August 19, 2011 9:05 PM EDT Is Warner Music Group getting ready to put Edgar Bronfman Jr. out to pasture? That may be the reading of some in the business following the company's announcement that the Warner CEO will swap jobs with chairman Stephen F. Cooper. But conside ...

  27. Read Edgar Bronfman, Jr.'s Internal Memo To WMG Staff On Stephen Cooper Being Named CEO

    August 19, 2011 3:33 PM EDT Dear Colleagues: As Warner Music Group begins its next chapter, well-positioned for some truly exciting and unprecedented opportunities, I am pleased to announce we are adding a new member to our management team: Steve Cooper. Effective today, Ste ...

  28. 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 ...

  29. Victory Records Moves To RED For Digital Distribution, Re-Ups For Physical

    August 17, 2011 7:15 PM EDT Victory Records has re-upped its physical distribution agreement with RED. The deal marks the first time that the Sony-owned indie distributor will also handle the Chicago-based label's digital distribution. Digital distribution had been prev ...

  30. Warner Music Spain Acquires Newiscom

    August 12, 2011 1:09 PM EDT Warner Music Spain has acquired Madrid-based Newiscom, the events production/marketing agency, as part of its strategy to diversify revenue sources for its local acts and touring international artists. The acquisition, for an undisclosed amount, m ...

  31. Analysis: Diversity, Not Just Digital Sales, Will Save the Recording Industry

    August 05, 2011 4:40 PM EDT The recording industry's salvation no longer lies in digital music alone. Instead, based on market dynamics at play in the United Kingdom, revenue diversification appears to be the key. According to IFPI, the total trade value of U.K. recorde ...

  32. Higher-Than-Expected Bids for EMI Group Could Favor Strategic Buyers--Including the Other Majors

    August 05, 2011 11:42 AM EDT With the first round of bids in for Citigroup's auction of EMI Group, the higher-than-expected levels of the bids suggest that strategic suitors--including the other major-label groups--may have a leg up on other bidders. Sources say at lea ...

  33. EMI: High Bids Put Strategic Buyers -- Including Other Majors -- in the Lead

    August 05, 2011 10:53 AM EDT With the first round of bids in for Citigroup's auction of EMI Group , the higher-than-expected levels of the bids suggest that strategic suitors-including the other major-label groups-may have a leg up on other bidders. Sources say at least ...

  34. Business Matters: The Real Story in Warner Music's Earnings Report: Diversity, Digital Growth

    August 04, 2011 5:26 PM EDT The Real Story in Warner Music's Earnings Report: Diversity, Digital Growth Two things get the headlines in coverage of Warner Music Group's fiscal third quarter ended June 30: Spotify and LimeWire. But dig deeper and you'll find fa ...

  35. Edgar Bronfman Jr. Says Warner Music Is 'Very Pleased' With Spotify's U.S. Progress

    August 04, 2011 4:05 PM EDT Whatever reservations Warner Music may have had about Spotify seem to be ancient history. During a call with investment analysts this morning (August 4), CEO Edgar Bronfman Jr. gushed about the service's U.S. launch and the future of cloud-ba ...

  36. Warner Music Group's Quarterly Loss Narrows, Revenues Increase 6%

    August 04, 2011 8:43 AM EDT NEW YORK - Warner Music Group on Thursday reported a narrowed loss for its latest quarter. The loss of $46 million for what is the company's fiscal third quarter, compared to a loss of $55 million in the year-ago period. A settlement with Lim ...

  37. Business Matters: What the Stock Market Declines Mean to Music Companies

    August 02, 2011 6:42 PM EDT What the Stock Market Declines Mean to Music Companies -- Concerns about the U.S. debt and hints that the U.S. economy has entered a double-dip recession are dragging down stock markets and impacting music and entertainment companies. New consumer ...

  38. Latin Power Players: Inigo Zabala

    August 01, 2011 10:52 PM EDT Iñigo Zabala President, Warner Music Latin America Although Warner Music's U.S. Latin market share remains smaller than that of its competitors -- at midyear 2011 it stood at 6.2%, according to Nielsen SoundScan -- the label's boutique s ...

  39. EMI: Who's Bidding? Nearly Everyone Who Bid for Warner Music Group

    July 28, 2011 6:00 PM EDT With the deadline for first-round bids in the EMI auction looming this weekend, sources say that many of the suitors who bid on Warner Music Group have also bid on the British major. While nearly a dozen suitors made bids for WMG, in an auction wo ...

  40. Business Matters: Why Warner Music and EMI Are Like Night and Day

    July 27, 2011 6:21 PM EDT Why Warner Music and EMI Are Like Night and Day -- There was a halfway interesting quote in an otherwise throwaway post at online music site Metronome. An unnamed senior executive at an unnamed company reportedly said of Warner, "the company ...

  41. Warner Music Group Plans Modest Restructuring Under Access Ownership

    July 25, 2011 9:00 AM EDT Now officially under new ownership , the Warner Music Group plans to achieve cost savings between $50-65 million over the next 27 months. The company plans to achieve those saving through "certain planned corporate restructuring initiatives,& ...

  42. Chinese Search Giant Baidu's Major-Label Licensing Pacts Signal a Promising Shift

    July 22, 2011 1:46 PM EDT Can the piracy-ravaged Chinese market represent a sales opportunity for record labels after all? Sparking such hopes is a licensing agreement between One-Stop China, a joint venture of Universal Music Group, Sony Music Entertainment and Warner M ...

  43. 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 ...

  44. Web Trends: Kanye and Jay-Z Release "Otis" & Watch The New Pusha T Video

    July 21, 2011 3:00 PM EDT Google Trends: 12. Otis Redding Jay Z & Kanye dropped "Otis" which samples Otis Redding's classic "Try a Little Tenderness" Twitter Music Trend: 3. VMAS Digg Music News/Video 24 Hours: 1. Beyonce is about to turn 30. S ...

  45. Access Industries Completes Acquisition of Warner Music Group

    July 20, 2011 12:51 PM EDT Access Industries has completed its acquisition of the Warner Music Group ahead of plan, thanks to compliant regulatory agencies and a resilient bond market willing to absorb $1.045 billion in a new bond offering from the company and shareholders ...

  46. Business Matters: Who Pays for Antipiracy Enforcement?

    July 18, 2011 10:22 PM EDT Who Pays for Antipiracy Enforcement? -- Here's a good question: should ISPs in New Zealand pay the enforcement costs of three strikes? It's more than an academic question. A stakeholder that bears no direct costs in fighting piracy has a ...

  47. What Exactly Is An Independent Label? Differing Definitions, Different Market Shares

    July 18, 2011 6:28 PM EDT Back in 2007 (June 30, Billboard) when I asked what is an indie, I got a multitude of answers. Today, that question evokes even more complex answers because the landscape has not only changed dramatically but is still changing. Over the last 15 ye ...

  48. Spotify To Launch in U.S. Thursday

    July 13, 2011 7:21 PM EDT Get ready to see what all the hype is about: European music service Spotify is set to launch in the U.S. Thursday, according to an industry source, an email from the company's publicist and several reports in the media Wednesday afternoon. Th ...

  49. Spotify U.S. Is Probably Launching This Week: What Can We Expect?

    July 11, 2011 11:16 AM EDT The long wait could be over this week: According to multiple sources and reports, Spotify will launch in the U.S. this week. Next come the media coverage, the product reviews and the wait to see if Spotify lives up to its billing. Before the launc ...

  50. DJ Fresh's 'Louder' Tops U.K. Singles Chart Buoyed by Sports Drink Ad (Watch)

    July 11, 2011 7:35 AM EDT Beyoncé started a second week atop the U.K. album chart yesterday (Sunday) with "4" (Columbia/Sony Music Entertainment), as "Louder" (Ministry of Sound) by DJ Fresh featuring Sian Evans debuted at No. 1 on the singles survey. T ...

Pages