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 ...

Warner Music Group has confirmed plans to cut the company’s annual costs by around $300 million. The major label’s CEO, Robert Kyncl, described the plans as the “remaining steps in our plan to help ...

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

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 ...

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 ...