$WMG

The American Federation of Musicians (AFM) dismissed its AI lawsuit against Warner Music Group Corp. but continues the case against Warner Records. The dispute involves alleged failure to share AI licensing revenue with musicians. Both sides acknowledge ongoing negotiations for a new labor pact. Warner Music Group argues it did not sign the AFM labor agreement or license AI platforms directly, but has deals with Suno and Udio.

Major music companies reported streaming growth of 8.3% on average in Q2 2026, with Warner Music Group (11.3%), Sony Music (9.7%), and Universal Music Group (5.6%) leading. Spotify's growth was 14.6%. The gap between major labels and Spotify narrowed to 7 percentage points. Universal and Warner cited pricing impacts on their growth. Spotify expects Q3 2026 revenues of €5.0 billion, with 17% reported growth. Barclays forecasts 8.1% streaming growth for Universal in Q3 2026.

Warner Music Group (WMG) said it will open an international technology hub in Bengaluru next month, expanding its Global Tech division. The hub will support engineering and initiatives in music distribution, data infrastructure, and audience and marketing data products, using AI and emerging technologies. Leadership includes Mahesh Rao in India and CTO Leho Nigul in Toronto.

Warner Music Group (WMG) reported Q3 2026 revenue of $1.864B (+10.4% YoY) and adjusted OIBDA of $433M (+16.1%), with adjusted EPS of $0.51 (+21%). Recorded music revenue rose to $1.488B, and operating cash flow was $142M. Management reiterated margin expansion guidance for FY2026 and said it is aligned with major DSPs on subscription pricing.

Warner Music Group (WMG) shares rose 1.8% to $26.46 after Q3 results. According to the company, Q3 revenue was $1,864m (up from $1,689m), net income was $204m versus a prior-year loss, and trailing net margin increased to 9.2% from 4.5%. Adjusted OIBDA and operating cash flow improved, with management reiterating a 50% to 60% cash conversion target.

Warner Music Group Corp. (WMG) filed an SEC Form 8-K — Results of Operations and Financial Condition. WARNER MUSIC GROUP CORP. REPORTS RESULTS FOR FISCAL THIRD QUARTER ENDED JUNE 30, 2026 Financial Highlights • Robust Revenue Growth Underpinned by Strong Operating Performance across Recorded Music and Music Publishing • Double-Digit Recorded Music Subscription Streaming Growth Dr

Warner Music Group (WMG) said its CFO and COO, according to a company memo cited by The Hollywood Reporter, will depart after about a year. WMG is pursuing a restructuring plan to cut about $300 million in costs, including $170 million via layoffs. The company also plans acquisitions of Revelator and Sureel AI. It expects fiscal Q3 operating income of about $305 million and streaming revenue near $1 billion.

Warner Music Group (WMG) reported preliminary Q3 results for the quarter ended June 30, 2026. Revenue rose 10% to nearly $1.9B, with digital revenue up 11% to about $1.25B. Recorded music revenue rose 10% to ~$1.5B, streaming up 12%. Operating income rose 80% to $305M. WMG reiterated FY targets and will release full results Aug. 5.

Warner Music Group Corp. (WMG) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 WARNER MUSIC GROUP CORP. TO CONDUCT EARNINGS CONFERENCE CALL ON WEDNESDAY, AUGUST 5, 2026 NEW YORK, NY – August 3, 2026 : Warner Music Group Corp. will release its financial results on Wednesday, August 5, 2026, for the third quarter ended June 30, 2026, instead of t

Warner Music Group said CFO and COO Armin Zerza will step down for personal reasons, effective immediately. Chief Accounting Officer Lou Dickler becomes acting CFO while WMG searches for a replacement. WMG also promoted Warner Records COO Tom Corson to chief operating officer. Zerza joined WMG as CFO in May 2025 after Activision Blizzard.