Warner Music Group

NASDAQ WMG

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Warner Music Group Share Price on June 03, 2024: USD 31.12

Warner Music Group Share Price is USD 31.12 on June 03, 2024, a 28.44% change year over year. Share price refers to the current trading price of a single share of a company's stock. It represents the monetary value that investors are willing to pay for ownership in the company. Share prices are determined by the supply and demand dynamics in the stock market and can fluctuate throughout the trading day. Changes in share prices are influenced by various factors, including company performance, industry trends, market conditions, investor sentiment, and economic indicators. Share price is a key indicator used by investors to assess the performance and valuation of a company's stock.
  • Warner Music Group 52-week high Share Price is USD 37.23 on January 26, 2024, which is 19.63% above the current Share Price.
  • Warner Music Group 52-week low Share Price is USD 24.23 on June 05, 2023, which is -22.14% below the current Share Price.
  • Warner Music Group average Share Price for the last 52 weeks is USD 32.47.
NASDAQ: WMG

Warner Music Group

CEO Mr. Stephen Forbes Cooper
IPO Date June 3, 2020
Location United States
Headquarters 1633 Broadway, New York, NY, United States, 10019
Employees 5,900
Sector Communication Services
Industry Entertainment
Description

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It 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 150,000 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

September 20, 2024

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