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Digital Music News on MSNWarner Music Group Tees Up More Mass Layoffs—$300 Million In Brutal Cost-Cutting Coming SoonWarner Music Group (WMG) has announced a significant new round of layoffs as part of a sweeping restructuring and ...
Warner Music will reduce annual costs by around $300 million to reinvest in the business: $170 million through headcount ...
Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual ...
Warner Music Group Just Had Its Biggest Quarter Ever. Now It’s Reducing Staff by 10% to Invest More in Music. Warner Music will sell its owned and operated media properties such as Uproxx and ...
Shares of Warner Music Group Corp. WMG jumped 4.5% in morning trading Tuesday, ... which is owned by China-based ByteDance Co. Ltd. Warner’s stock was up only 0.2% just before the announcement.
Warner Music Group will lay off 10% of its worldwide workforce, about 600 people, CEO Robert Kyncl said in a memo released today. The company’s artists include Megan Thee Stallion, Beyonce, the ...
Warner Music Group announced Monday that it has partnered with Roku to launch three, genre-based FAST channels, ... WMX’s owned and operated properties include UPROXX, ...
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A shareholder activist in the music industry has invoked a little-known statute within Delaware’s corporate laws, hoping to require Warner Music Group to share any records it has related to ...
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