News

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 Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's ...
The entertainment and record-label conglomerate’s restructuring plan aims to lower costs by $300 million a year.
"Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make ...
Yesterday (July 1), Warner Music Group and private investment giant Bain Capital unveiled their plans for a $1.2 billion ...
Warner Music Group and Bain Capital are launching a joint venture to allow for the purchase of up to $1.2 billion in music ...
Warner Music will reduce annual costs by around $300 million to reinvest in the business: $170 million through headcount ...
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.
“There is no immediate impact to the team in Australia and New Zealand,” reads a WMG statement, issued to TMN. “We remain ...
Warner Music Group plans to cut annual costs by $300 million through a combination of layoffs and reducing administration and real estate expenses ...
Warner Music Group (NASDAQ: WMG), the global music entertainment company, and Bain Capital, a leading global private ...