WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

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

Warner Music Group (WMG) has announced a significant new round of layoffs as part of a sweeping restructuring and ...

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

From more music-focused competition series to streaming service updates, here are three things rocking the music business world.

"Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make ...

Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's unclear how many employees will be impacted by the layoffs.

Yesterday (July 1), Warner Music Group and private investment giant Bain Capital unveiled their plans for a $1.2 billion ...

It was quite the day yesterday for staff at Warner Music Group. At 9am ET, the company announced a joint venture with Bain ...

Warner Music will reduce annual costs by around $300 million to reinvest in the business: $170 million through headcount ...

Warner Music Group and Bain Capital are launching a joint venture to allow for the purchase of up to $1.2 billion in music ...