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 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.

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

"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 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 ...