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 Group and Bain Capital are launching a joint venture to purchase up to $1.2 billion of music catalogs, the ...

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

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 ...

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

Warner Music Group (NASDAQ: WMG), the global music entertainment company, and Bain Capital, a leading global private ...

In 2024, Warner Music laid off 600 employees, or approximately 10% of its workforce, and in 2023, 270 jobs were cut. Warner Music Group shares closed at $27.83, up 2.17%, on Tuesday.

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 ...

Warner Music Group and private investment firm Bain Capital are launching a joint venture for catalogue acquisitions. The JV ...