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Warner Music Group Corp. (WMG)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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28.35-0.50 (-1.73%)
At close: 1:00PM EST

Warner Music Group Corp.

1633 Broadway
New York, NY 10019
United States
212-275-2000
http://www.wmg.com

Sector(s)Communication Services
IndustryEntertainment
Full-time employees5,500

Key executives

NameTitlePayExercisedYear born
Mr. Stephen Forbes CooperCEO & Director10.09MN/A1946
Mr. Eric Joshua LevinExec. VP & CFO1.89MN/A1963
Mr. Max LousadaGlobal Chief Exec. Officer of Recorded Music5.69MN/A1973
Mr. Guy MootCEO & Co-Chair of Warner Chappell Music2.07MN/A1966
Ms. Carianne MarshallCo-Chair & COO of Warner Chappell Music2.45MN/A1978
Ms. Lori ScherwinVP, Investor RelationsN/AN/AN/A
Mr. Paul Martin Robinson Esq., J.D.Exec. VP, Gen. Counsel & Sec.N/AN/A1958
Trent N. Tappe Esq.Sr. VP, Deputy Gen. Counsel & Chief Compliance OfficerN/AN/AN/A
Mr. James StevenExec. VP & Chief Communications OfficerN/AN/A1977
Mr. Michael DrexlerVP of Digital Strategy & Corp. Devel.N/AN/AN/A
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Warner Music Group Corp. operates as a music-based content company in the United States, the United Kingdom, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as the related marketing, promotion, distribution, sale, and licensing of recorded music created by such artists. This segment also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin', Warner Classics, and Warner Music Nashville. This segment markets, sells, and licenses recorded music in various physical formats, including CDs, vinyl, and DVDs; and digital formats, such as downloads and streaming. The Music Publishing segment owns and acquires rights to approximately 1.4 million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 80,000 songwriters and composers; and a range of genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios; and operates production music library. In addition, it offers music and video products to retailers and wholesale distributors; and distribution centers and ventures. The company was founded in 1929 and is headquartered in New York, New York. Warner Music Group Corp. is a subsidiary of AI Entertainment Holdings LLC.

Corporate governance

Warner Music Group Corp.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.