Warner Music Group
Headquarters:
75 Rockefeller Plaza
New York, NY 10019
Employees: 5,000
CEO: Edgar Bronfman Jr.
Stock Symbol: WMG
Website:
http://www.wmg.com
Career Site
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. It is the world's fourth-largest
recorded music company and third in the U.S.
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, Bad Boy, Cordless, East West, Elektra,
Lava, Maverick, Nonesuch, Reprise, Rhino, 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 Eric Clapton, Faith Hill, Green Day, Led Zeppelin, Madonna,
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 2005, Warner Music had $3.5 billion
in revenues and a net loss of $169 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 May 7, 2006
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