Posts Tagged ‘WEA

27
Dec
16

Warner Music Group in the Digital Paradigm Shift

On December 8, Warner Music Group (WMG) released the annual report for the financial year 2016 ending on September 30, 2016 reporting the highest revenue of US$ 3.25bn since Access Industries has acquired WMG in 2011. WMG also reported its best profit performance – measured in operating income before depreciation and amortization (OIBDA) – of US$ 507m since 2006. For the first time after Access Industries’ takeover, WMG will pay a dividend of US$ 54m to its shareholders (WMG 2016: 110). Those key facts indicate a healthy business performance of the smallest music recording major company in the digitalised music industry. Thus, the following analysis highlights the causes for WMG’s economic recovery and the re-structuring of its business model.

Continue reading ‘Warner Music Group in the Digital Paradigm Shift’

Advertisement



December 2022
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  

Archive

Twitter

Categories

RSS Unknown Feed

  • An error has occurred; the feed is probably down. Try again later.

Blog Stats

  • 571,151 hits