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Warner Music Group

Headquarters: 75 Rockefeller Plaza
New York, NY 10019
Employees: 3,400
CEO: Edgar Bronfman Jr.
Stock Symbol: WMG


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Warner Music Group (WMG) became the only stand-alone music company to be publicly traded in the United States when it went public in May 2005.

With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word. Warner Music International, a leading company in national and international repertoire operates through numerous international affiliates and licensees in more than 50 countries.

The artists represented by Warner Music include Michael Buble, Eric Clapton, Faith Hill, Green Day, Led Zeppelin, Madonna, Jay-Z, Red Hot Chili Peppers, Rob Thomas, and T.I.

Warner Music Group also includes Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.

In 2005, Warner Bros. Records was Number One in market share among individual record labels for the year. Warner Bros. had 16 Number One albums across 11 formats: including: Madonna (Mainstream Albums), Green Day (Mainstream), Mike Jones (R&B/Hip-Hop), Amy Grant (Christian), Jay-Z & Linkin Park (Rap), Faith Hill (Mainstream and Country), Disturbed (Mainstream), Depeche Mode (Digital), Michael Bublé (Traditional Jazz), Larry the Cable Guy (Comedy), Enya (New Age), Green Day's Bullet In A Bible (Music Video) and HIM (Internet).

In fiscal 2009, Warner Music had $3.17 billion in revenues, a 9% drop, and a net loss of $100 million. Half of revenues were generated outside of the U.S.

Warner Music Group was formed by a private group of investors in 2003 and consists of the music publishing and recorded music business of Time Warner. This business was acquired from Time Warner for $2.6 billion in 2004.

Updated February 9, 2010

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