With IPO, Warner Music Offers an Enticing Backstage Pass to Potential Investors

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.

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

Aitana has been making waves in the  music  industry since 2018. And now, with the release of the visuals to her latest single Enemigos, she’s saving it!.

Warner Music Group (WMG) bosses have set aside $100 million (£79 million) to help combat racism in the music industry.Company officials launched the fund for charitable causes “related to the music industry, social justice and campaigns against violence and racism,” following calls from stars including The Weeknd to take action amid ongoing protests against racial injustice across the U.S.The fund, which has been established in collaboration with the Blavatnik Family Foundation – the charitable

“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.

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

Killer Mike appeared on The Late Show With Stephen Colbert on Monday (June 1) to speak about what white Americans can do to help the Black Lives Matter movement.The conversation started when host Stephen Colbert opened up a much-needed dialogue with the rapper and activist about how white people in the U.S. can serve as better allies to the black community amid the ongoing nationwide protests in the wake of George Floyd's death.

Warner Bros. is offering its film “Just Mercy,” the biopic on civil rights defense attorney Bryan Stevenson starring Michael B. Jordan and Jamie Foxx, for free rentals in the month of June in support of the Black Lives Matter movement.

By William Earl

By Jem Aswad

Warner Music Group on Tuesday moved forward with its planned initial public offering, saying it will raise as much as $1.8 billion for shareholders. The company in a regulatory filing said it will offer 70 million shares of Class A common stock at a target price of $23 to $26 per share.