Warner Music Group News and Features

Tag: Warner Music Group

Deconstructing Pop Culture: Which would You Rather Own – Warner Music Group, Warner Bros. Studio, or maybe neither?

COLUMN: It always is entertaining to look at Warner Bros.' financial results. Throughout its various permutations and incarnations it has remained a diversified entertainment conglomerate with interests in both music and films. It always has been subject to the financial reporting requirements of the U.S. Securities & Exchange Commission, which has tended to make its […]

Deconstructing Pop Culture: Record Label Smackdown – CBS Records v. Warner Music Group

David Kronemyer

COLUMN: The conflict between CBS Records and the Warner Music Group is the stuff of record business legend. During the 1970s â€“ 1980s they dominated the U.S. record industry. Walter Yetnikoff was head of CBS Records from 1975 â€“ 1987. Mo Ostin was head of Warner Bros. Records, one of the three labels then comprising […]

Deconstructing Pop Culture: How Much Money Has the Warner Music Group Made Since 1968?

David Kronemyer

COLUMN: The answer is $5.1 billion pre-tax operating income on $83.6 billion of operating revenue, which is about how much people spend on French fries during one year in the U.S. I went through all of the Warner Communications, Time Warner and AOL Time Warner annual reports since 1968 and pulled the segment financial data for the Warner Music Group or its predecessor companies.