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

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 ...

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

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

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

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

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

CEO Robert Kyncl acknowledged that “our results…reflect a lighter release schedule, market share pressure in China and a tough year-over-year comparison in subscription streaming.” Is now the time to ...

Kyncl indicated that the money freed up through these cuts will be reinvested in A&R — “a more holistic and targeted approach to partnering with the world’s greatest musical talent ...