Warner Music Group revenues up 10.2% year-on-year

The music industry’s growth story continues: Warner Music Group has just announced its financials for its fiscal fourth quarter, and thus its full financial-year figures. The headline: 10.2% growth in total revenues. In fact, WMG saw its revenues grow from $3.25bn in the year ended 30 September 2016 to $3.58bn in the year ended 30 […]

WMG’s Stu Bergen: ‘I would caution us not to get drunk on two years of growth’ (#SlushMusic)

As CEO, international and global commercial services at Warner Music Group, Stu Bergen has become one of the main spokespeople for WMG’s strategy in the streaming age. At the Slush Music conference in Helsinki today, Bergen appeared in a session with the event’s co-founder Kalle Lindroth – a musician in his own right – to […]

VR and music: ‘The biggest challenge thus far is the storytelling’ (#SlushMusic)

Musical VR is creatively exciting but commercially nascent: key startups are still in their early days, while there’s no clear path for artists and labels to make decent money (or even a return on their investment) in virtual reality right now. Should that stop them trying? You’ll be enormously unsurprised to hear that the answer […]

Paid online-music market tipped to grow 59% in China

The market for ‘paid online music’ in China is expected to grow by 59% this year to $455m according to research firm iResearch, whose prediction is quoted prominently in the Financial Times’ latest piece on China. It focuses on the evolving dynamics of the Chinese streaming market, where the exclusive licensing deals signed by Tencent […]

Songkick app: ‘We won’t be selling tickets ourselves…’

Songkick the company is shutting down, ending its ticketing operations after a punishing legal battle with Live Nation and Ticketmaster. Songkick the concert-recommendations app, however, is very much alive and kicking, having been sold to Warner Music Group earlier this year. To head off potential confusion for its users around the corporate-shutdown news, the app’s […]

Digital marketing lessons from WMG, Kobalt and Lounge Books

Music Ally’s Sandbox Summit conference in London yesterday included three short’n’sharp sessions where digital marketers outlined the lessons they learned from recent campaigns. Warner Music Group’s senior VP of global marketing Beth Appleton talked about influencer marketing. “We know that they’re the new tastemakers. And ultimately we’ve got the potential to reach millions globally. And […]

WMG appoints new leadership team for Warner Bros Records

Warner Music Group’s new CEO of recorded music Max Lousada isn’t wasting any time making changes within the group. Cameron Strang is stepping down as chairman and CEO of WMG’s Warner Bros Records, to be replaced by current Interscope and RCA executives Aaron Bay-Schuck and Tom Corson. They’ll be co-chairman of Warner Bros, with Bay-Shuck […]

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