Warner Music Group launching $100 million fund to help combat racism in music industry

LABELS & PUBLISHERSWarner Music is co-producing a film about… of course… you guessed it… tennis. Specifically the story of tennis champion Arthur Ashe – the only black man to ever win the singles title at Wimbledon, the US Open and the Australian Open.

Warner Music Group is trading old debt for new debt with a better interest rate and later due date. The music company is conducting a private offering for $535 million of senior secured notes due in 2030 that it expects to close June 29, it was announced Tuesday (June 16).

Anthony D'Alessandro Editorial Director/Box Office EditorBlacKkKlansman Oscar winner Kevin Willmott is set to write the feature story of Wimbledon tennis champion and African American civil rights activist Arthur Ashe, a project which Ashok Amritraj’s Hyde Park Entertainment Group and Warner Music Group (WMG) are teaming on.It’s a project that’s close to Amritraj’s heart, the Hyde Park producer being a former Wimbledon pro himself.

Erica Mena posted an apology for her fans after something she did back in April. She promoted a company that turned out to be nothing but a scam as you will see in her explanation below.

On June 3, Warner Music Group went public in the year's biggest stock offering, and its share price rose 39% over the next two days. The company itself didn't raise any money — the shares were sold by Len Blavatnik's conglomerate, Access Industries — but it's now worth $18.3 billion based on its $31.05 per share closing price on June 10. After selling $1.86 billion in stock and adding

Mike Johnson wasn't cast as the Bachelor for season 24. Johnson, a portfolio manager and Air Force veteran, was charming, good-looking and seemed to be the total package on Hannah Brown's season of — with viewers hoping he could be cast as the franchise's first-ever black male lead. However, Peter Weber was cast in the lead role instead, leaving many — including Rachel Lindsay — frustrated.

press release from Sony Music Group, the company, “will immediately begin to donate to organisations that foster equal rights”.

Well isn’t this just super cute! Meek Mill‘s gorgeous ladylove Milan Harris, 31, gave their millions of fans a rare glimpse of their baby boy in a sweet new clip posted on Saturday, June 6. She cradled him in her arms where all you saw was his curly hairs as she smiled for the camera with music playing in the background.

Jem Aswad Senior Music EditorSony Music Group has announced the launch of a $100 million fund to support social justice and anti-racist initiatives around the world.

“This fund will support the extraordinary, dedicated organisations that are on the front lines of the fight against racism"

Shares in the Warner Music Group were up 20.5% on the NASDAQ stock exchange at the close of trading Wednesday (June 3), its first day on the market as a public company under Len Blavatnik’s Access Industries. After being priced at $25 this morning, in line with its projected $23-$26 IPO price, and opening at $27, it finished the day at $30.12, according to MarketWatch, for a market capitalization of $15.36 billion and an enterprise valuation of $17.85 billion, when debt is included.

While people are fighting one battle in America, they are also at risk of another.  As the Black Lives Matter movement wages on in the wake of George Floyd's death, protests have sparked nationwide against police brutality and racial injustice, simultaneously bringing people physically together after months of social distancing amid the coronavirus pandemic.  Given the physical proximity of protesting in large crowds, participants are at an increased risk of contracting the deadly virus, an

Warner Music Group on Wednesday priced its much-anticipated initial public offering at $25 per share, at the higher end of the $23-$26 range and valuing the company at $12.75 billion. Its stock in early trading went as high as $28.97 after opening up 8 percent at $27.

Lily Allen has accused Warner Music Group (WMG) executives of double standards due to their support of the Blackout Tuesday campaign.

By Geoff Mayfield

Warner Music Group has set its initial public offering (IPO) price at $25 per share. The size of the IPO has been increased from 70 million shares to 77 million shares.

By Jem Aswad

Warner Music Group is expected to officially begin trading later this morning on the Nasdaq exchange with its initial public offering carrying a $25 per-share price, which means that the company is realizing an equation valuation of $12.75 billion.That will make it the largest stock offering so far this year, and according to press reports in financial and business news publications, it instills hope among Wall Street traders that the WMG offering will help break the dam and bring forth more

By Jem Aswad