Warner Music Group Plans to Go Public

Pusha T is looking to take on a new challenge in the music industry. As HipHopNMore notes, he announced on Monday, February 25 that he’s launching a new label, titled Heir Wave Music Group, and has already signed Petersburg, Va. rapper Kahri 1k.

Entertainment executive Jovan Dawkins is announcing the launch of inspirational label Legacy Music Group. Heading the label’s A&R division as president is Grammy Award-nominated singer-songwriter and Dawkins’ cousin Eric Dawkins.

David Stouck has been named regional director, A&R at Warner Music Asia, the company was announced Friday (Feb. 21). In his new role, he will oversee A&R operations in 10 markets: China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand.  

Wolfgang Van Halen is one step closer to his long-awaited solo album.

Reba McEntire announced the return to her original label home, Universal Music Group Nashville, on Thursday afternoon (Feb. 20) during a surprise performance at the 11th annual Team UMG at the Ryman event at Country Radio Seminar 2020.After nearly two hours of performances from the UMG roster, Executive VP of Radio Promotion Royce Risser shared the official news of the label’s latest signing.

Warner Music Group's recently-announced plan to go public took the music industry by surprise. One detail included in the company's initial public offering (IPO) should also raise eyebrows: The glaring lack of diversity on its board of directors.Of the combined 18 total executives and board members listed in the company's Feb.

Newly formed publishing company Endurance Music Group acquired Wide Open Music from owner Ash Bowers, adding singer-songwriters Jimmie Allen and Matt Stell to the Endurance roster, Billboard Country Update learned exclusively.The deal doubles the Endurance writing staff to 10 composers and brings in a catalog that includes the hits "Best Shot," "Prayed for You," "In Case You Didn’t Know" and "Close Your Eyes." The agreement frees Wide Open to focus on its management functions for clients Allen,

Soundgarden's attorneys have accused Universal Music Group of "improper discovery gamesmanship" after being told that only 19 artists -- including Nirvana, Beck, R.E.M, Sheryl Crow, Bryan Adams and Elton John among others -- had masters destroyed or damaged in the fire.

On Feb. 6, in a move that took both Wall Street and the music business by surprise, Warner Music Group filed plans to make a public stock offering underwritten by Morgan Stanley, Credit Suisse and Goldman Sachs. The news came just over a month after WMG competitor Universal Music Group (UMG) finalized plans to sell 10% of its equity to a group led by Tencent Holdings, in a deal that valued the music company at $33.6 billion. WMG

Vivendi saw its annual revenues jump by 14% to €15.8 billion ($17 billion) in 2019, driven once again by the performance of Universal Music Group which had a record year, and to a lesser extent by Canal Plus Group.

The Universal Music Group's revenues passed $7.7 billion (7.16 billion euros) in 2019, up 14 percent at constant currency thanks to another strong surge in streaming revenue, which was up 21.5 percent year over year.Recorded music revenues were up 11.6 percent year over year, while the publishing division's revenues increased 9.2 percent, both at constant currency.That represents another strong year for the world's biggest record company, which finished 2019 by completing the sale of 10

The Universal Music Group's revenues passed $7.7 billion (€7.16 billion euros) in 2019, up 14% at constant currency and perimeter thanks to another strong surge in streaming revenue, which was up over 20% year over year.Recorded music revenues accounted for $6.11 billion (€5.6 billion) of UMG's total take, up 11.6% year over year, while the publishing division's revenues topped a billion -- $1.14 billion (€1.052 billion) -- an increase of 9.2%, both at constant currency and perimeter.That

Buried in Vivendi’s earnings report released today is the blockbuster news that its subsidiary Universal Music Group is planning an IPO within the next three years. Vivendi recently sold 10% of UMG to a consortium led by Tencent Holdings Ltd for $3.3  billion, a sum that values the company at a whopping $33 billion.

Lenny Tavarez (born Julio Manuel González Tavárez) has signed an exclusive record deal with Warner Music Latina, Billboard can exclusively reveal. The signing comes on the heels of his just-released collaborative single with Justin Quiles, “La Pared 360." 

Warner Music Group executive Jeff Bronikowski has joined Apple Music, the streaming service has confirmed to Billboard.

With Warner Music Group's announcement Thursday of plans to go public with an upcoming IPO, now begins a waiting game to see how much of the company will be sold and how the shares will be priced, determining the company's overall valuation.

After 37 years in leadership positions at the Capitol Christian Music Group and its predecessor companies, chairman/CEO Peter York has set a retirement date of March 31.

With Warner Music Group's announcement Thursday of plans to go public with an upcoming IPO, now begins a waiting game to see how much of the company will be sold and how the shares will be priced, determining the company's overall valuation.

The company last went public in 2011

Warner Music Group announced on Thursday (Feb. 6) that it has submitted paperwork to begin an initial public offering of its common stock.