Warner Music Group’s busy week isn’t finished yet, as the major has acquired the catalog of Finnish indie Skorpioni. Warner Music Finland unveiled the IP buyout today, less than one month after ...

Chinese streaming giant iQIYI has appointed Dinesh Ratnam as its new senior managing director for Indonesia, Malaysia, and ...

Sony's stock may still be undervalued despite recent gains. Click to read more about SONY's entertainment strategy and risks ...

“There is no immediate impact to the team in Australia and New Zealand,” reads a WMG statement, issued to TMN. “We remain ...

Yesterday (July 1), Warner Music Group and private investment giant Bain Capital unveiled their plans for a $1.2 billion ...

It was quite the day yesterday for staff at Warner Music Group. At 9am ET, the company announced a joint venture with Bain ...

WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

"Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make ...

Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's ...

Warner Music Group (WMG) has launched a $1.2 billion IP-focused joint venture with Bain Capital. The major label and the ...

Warner Music Group Corp. announced a $300 million cost-savings drive, part of an effort to free up funds for growth initiatives, including a just-announced joint venture to acquired music catalogs.

The entertainment and record-label conglomerate’s restructuring plan aims to lower costs by $300 million a year.