Warner Music Group Corp.

NasdaqGS WMG

Warner Music Group Corp. Net Income for the Trailing 12 Months (TTM) ending December 31, 2024: USD 512.00 M

Warner Music Group Corp. Net Income is USD 512.00 M for the Trailing 12 Months (TTM) ending December 31, 2024, a 9.64% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Warner Music Group Corp. Net Income for the Trailing 12 Months (TTM) ending December 31, 2023 was USD 467.00 M, a -3.91% change year over year.
  • Warner Music Group Corp. Net Income for the Trailing 12 Months (TTM) ending December 31, 2022 was USD 486.00 M, a 23.66% change year over year.
  • Warner Music Group Corp. Net Income for the Trailing 12 Months (TTM) ending December 31, 2021 was USD 393.00 M, a 179.07% change year over year.
  • Warner Music Group Corp. Net Income for the Trailing 12 Months (TTM) ending December 31, 2020 was USD -497.00 M, a -271.38% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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SV Wall Street
NasdaqGS: WMG

Warner Music Group Corp.

Description

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, 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 related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and 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, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 100,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.

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StockViz Staff

February 11, 2025

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