Warner Music Group beats EPS forecast in Q1 2024

A new social music platform just hit 1 million users. Here's the pitch deck it used to close its $8 million seed round.
Hangout, a social music platform, launched in November as a new way to listen to music with friends and strangers.
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Warner Music Reports Q4 2024 Revenue Slip As Paid Streaming Concerns Persist — U.S. Recorded Revenue Falls 15% YoY
Warner Music Group has acknowledged encountering “some pressure” during the final three months of 2024, when its U.S.
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Musicians Who’ve Called Out Streaming Services Over the Years: Taylor Swift, Drake and More
Taylor Swift, Drake, Neil Young and many other artists have openly criticized Spotify and other streaming services for their ...
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Warner Music Group generated $1.67bn in calendar Q4; subscription streaming revenues rose 6.6% YoY
Warner Music Group explained in the new filing that its recorded music revenue growth in the quarter (calendar Q4) was impact ...
How Music Superfan App Weverse May Be the Key to ‘Streaming 2.0’
The social media platform from K-pop juggernaut HYBE is a crucial element of UMG's ambitious vision for the music industry ...
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Spotify Announces New Multiyear Deal With Universal Music Group
Phillips Spotify and Universal Music Group announced a new multiyear deal on Sunday ... The deal is part of UMG’s ...
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Warner Music Group and Audiomack Expand Licensing Deal, Unlocking WMG Catalog in More Countries
Warner Music Group expands its licensing deal with music discovery and streaming platform Audiomack, covering 47 more ...
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Read Sir Lucian Grainge’s 2025 memo to Universal Music Group staff: ‘The Streaming 2.0 era has arrived’
UMG boss also says company is “not a financial institution that views music as an ‘asset.’ And we’re not an aggregator that ...