Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's ...

In 2024, Warner Music laid off 600 employees, or approximately 10% of its workforce, and in 2023, 270 jobs were cut. Warner Music Group shares closed at $27.83, up 2.17%, on Tuesday.

Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual ...

Bruce Springsteen isn't the only musician to complete or launch anticipated album projects, then to see it never see the light of day.

Federal prosecutors laid out the charges against the rapper and music producer Sean “Diddy” Combs in a detailed summation on Thursday. The defense will hold its closing argument on Friday, followed by ...

Warner Music Group has confirmed plans to cut the company’s annual costs by around $300 million. The major label’s CEO, Robert Kyncl, described the plans as the “remaining steps in our plan to help ...

The entertainment and record-label conglomerate’s restructuring plan aims to lower costs by $300 million a year.

Warner Music boss Robert Kyncl yesterday wrote to the major’s employees to announce a plan to cut the company’s annual costs ...