| Warner Music Group | |
|---|---|
| Type | Public (NYSE: WMG) |
| Founded | 2003 |
| Headquarters | New York, NY, U.S. |
| Key people | Edgar Bronfman, Jr., Chairman & CEO, Lyor Cohen, North American Chairman and CEO, Sean Combs. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. The City of New York New York ( is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous The United States of America —commonly referred to as the The United States of America —commonly referred to as the Edgar Miles Bronfman Jr (born May 16, 1955) formerly CEO of Seagram and vice-chairman of Vivendi Universal, has been CEO of Warner Music Lyor Cohen (ליאור כהן born October 3, 1959 in New York City) is the North American Chairman and CEO of Recorded JV Partner in Bad Boy Records, |
| Industry | Music & Entertainment |
| Revenue | ▼ $879. Bad Boy Records (originally Bad Boy Entertainment) is an East Coast Hip-Hop / R&B Record label founded by producer/rapper Sean For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Music is an Art form in which the medium is Sound organized in Time. See also Entertainment (disambiguation and The Entertainer (disambiguation Entertainment is an activity designed to give people In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 19 Million (USD; 2008) |
| Net income | ▼ $169. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. 0 Million (USD; 2008) |
| Employees | 4,000 (2008) |
| Website | WMG.com |
Warner Music Group (WMG) is the third-largest of the "big four" major record labels, the others being Sony BMG, EMI, and Universal. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Edgar Miles Bronfman Jr (born May 16, 1955) formerly CEO of Seagram and vice-chairman of Vivendi Universal, has been CEO of Warner Music The music industry is the business of Music. Although it encompasses the activity of many music-related businesses and organizations it is currently dominated by the "big Sony BMG Music Entertainment is a diverse music and entertainment group The EMI Group is a British music company comprising the major record company EMI Music – which operates several labels and is based in Kensington in Universal Music Group (UMG is the largest Business group and family of Record labels in the Recording industry.
Warner Music Group also has a publishing arm, Warner/Chappell Music, which dates back to 1929, when Jack Warner, president of Warner Bros. Pictures Inc. Warner/Chappell Music Inc is an American music publishing company, and a division of the Warner Music Group. Events May 3 - Francis Poulenc 's Concert champêtre for Harpsichord and orchestra is premiered in Paris This article is about Jack Warner the head of Warner Brothers Warner Bros Entertainment Inc (or Warner Bros, Warner Bros Pictures) is one of the world's largest producers of Film and , founded Music Publishers Holding Company (“MPHC”) to acquire music copyrights as a means of providing inexpensive music for films. Amongst the historic compositions in which the publishing rights are controlled by WMG are the works of Cole Porter, Richard Rodgers and Lorenz Hart. Cole Albert Porter (June 9 1891 &ndash October 15 1964 was an American Composer and songwriter from Peru, Indiana. Richard Charles Rodgers ( June 28, 1902, Arverne Queens, New York City &ndash December 30, 1979, New York Lorenz "Larry" Hart ( May 2, 1895 &ndash November 22, 1943) was the lyricist half of the famed Broadway songwriting team Its printed music operation, Warner Bros. Publications, was sold to Alfred Publishing on 2005-06-01. Alfred Publishing is a US Sheet music Publisher specializing in educational Music. Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Events 193 - Roman Emperor Didius Julianus is Assassinated 987 - Hugh Capet is elected
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WMG's roots in what became Time Warner date back to the founding of Warner Bros. Records as a division of the Warner Bros. movie studio in 1958, in reaction to one of its contracted actors, Tab Hunter scoring a hit for Dot Records, a division of Paramount Pictures. Time Warner Inc ( is the world's largest media and entertainment conglomerate, headquartered in New York City. Warner Bros Records Inc is an American Record label that operates as a wholly owned Subsidiary of Warner Music Group. Warner Bros Entertainment Inc (or Warner Bros, Warner Bros Pictures) is one of the world's largest producers of Film and Tab Hunter (born July 11, 1931) is an American Actor and Singer who appeared in more than 40 major Feature films Dot Records was an American Record label and company that was active between 1950 and 1977. Paramount Pictures Corporation is an American motion picture production and Distribution company, based in Hollywood California. In 1963, Warner Bros. purchased Reprise Records, founded by Frank Sinatra 3 years earlier so that he could have more creative control over his recordings. Reprise Records is an American Record label, founded in 1960 by Frank Sinatra, which is owned by Warner Music Group, and operated Francis Albert "Frank" Sinatra (December 12 1915 &ndash May 14 1998 was an American singer and actor Reprise was operated in conjunction with WBR.
After Warner Bros. was sold to Seven Arts Productions in 1967 (forming Warner Bros.-Seven Arts), it purchased Atlantic Records, now WMG's oldest label. Seven Arts Productions was founded in 1957 by Ray Stark and Eliot Hyman. Warner Bros-Seven Arts was formed in 1967, when Seven Arts Productions acquired Jack Warner 's controlling interest in Warner Bros Atlantic Records ( Atlantic Recording Corporation) is an American Record label best known for its many recordings of Rhythm & blues, Rock For the next 2 years, Atlantic and its subsidiary label Atco Records were operated separately from WBR and Reprise.
In 1969, Warner Bros. -Seven Arts was sold to the Kinney National Company. Kinney National Services Inc was formed in 1966 when the Kinney Parking Company and the National Cleaning Company merged Kinney (later to be known as Warner Communications) combined the operations of all of its record labels. The following year, Kinney bought Elektra Records and its sister label Nonesuch Records, and assembled the labels into a group known as Warner-Elektra-Atlantic, also called WEA for short, or Warner Music Group. Elektra Records is a now-dormant American Record label owned by Warner Music Group (WMG and from 2004 on operating under WMG's Atlantic Records Nonesuch Records is an American Record label, owned by Warner Music Group and distributed through WEA International with business affairs handled The WEA name was also used as a label outside the U. S.
In the mid-1970s, WEA expanded by purchasing Asylum Records and Sire Records. Asylum Records is an American Record label, owned by Warner Music Group, founded by agent-managers David Geffen and Elliot Roberts in 1971 Sire Records Company is an American record label owned by Warner Music Group and distributed through Warner Bros The former was merged with Elektra to form Elektra-Asylum, though the separate names would still be used as well. The latter became a sublabel of WBR in the meanwhile.
WEA's labels also distributed a number of otherwise independent labels. For example, Warner Bros. distributed Straight Records, DiscReet Records, Bizarre Records, Bearsville Records, and Geffen Records (the latter was sold to MCA in 1990). Straight Records was a Record label formed in 1969 to distribute productions and discoveries of Frank Zappa and his business partner/manager Herb Cohen DiscReet Records was a company founded by Frank Zappa and then business partner/manager Herb Cohen. Bizarre Records was a Record label formed for artists discovered by Frank Zappa and his business partner/manager Herb Cohen. Bearsville Records was founded in 1970 by Albert Grossman. Artists included Todd Rundgren, Foghat, Halfnelson Geffen Records is an American Record label, owned by Universal Music Group, and operated as one third of UMG's Interscope-Geffen-A&M label MCA Records was an American -based record company owned by MCA Inc Atlantic Records distributed Swan Song Records. Swan Song Records was a Record label launched by English Rock group Led Zeppelin on May 10, 1974.
In 1987, it was announced that Warner Communications was to merge with Time Inc. to form Time Warner, a transaction which was completed in 1990. Time Inc is a major subsidiary of the media conglomerate Time Warner, the company formed by the 1990 Time Warner Inc ( is the world's largest media and entertainment conglomerate, headquartered in New York City.
Atlantic started 2 new subsidiary labels in the early 1990s - EastWest Records (which absorbed Atco Records) and Interscope Records. East West Records is an American Record label, owned by Warner Music Group, and operates under WMG's Independent Label Group. Interscope Records is an American Record label, owned by Universal Music Group, and operates as one third of UMG's Interscope-Geffen-A&M label The former was later absorbed into Elektra, and the latter was also sold to MCA in 1995.
Time Warner sold the company in late 2003 to a group of investors led by Edgar Bronfman, Jr. for $2. Edgar Miles Bronfman Jr (born May 16, 1955) formerly CEO of Seagram and vice-chairman of Vivendi Universal, has been CEO of Warner Music 6 billion. Time Warner was reportedly attempting to reduce its debt load. This spinoff was completed on February 27, 2004. Events 1560 - The Treaty of Berwick, which would expel the French from Scotland, is signed by England and the Congregation "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " In the 2004 transition to independent ownership, WMG hired record industry heavyweight Lyor Cohen from Universal Music Group (successor to MCA) to attempt to reduce cost and increase performance. Lyor Cohen (ליאור כהן born October 3, 1959 in New York City) is the North American Chairman and CEO of Recorded Universal Music Group (UMG is the largest Business group and family of Record labels in the Recording industry.
WMG's current logo is the former Warner Communications logo.
On May 5, 2006, WMG apparently rejected a buyout offer from EMI[1]. Events 553 - The Second Council of Constantinople begins 1215 - Rebel Barons renounce their allegiance to King John Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. The EMI Group is a British music company comprising the major record company EMI Music – which operates several labels and is based in Kensington in Then WMG offered to buy EMI and it also rejected the offer. The EMI Group is a British music company comprising the major record company EMI Music – which operates several labels and is based in Kensington in As of 2008, EMI has since been purchased by Terra Firma Capital Partners. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Terra Firma Capital Partners (TFCP is a European Private equity firm with offices in London and Frankfurt employing over 100 people
Recently, WMG acquired Rykodisc (home of the Frank Zappa catalog), and Roadrunner Records. Rykodisc Records is an American Record label, owned by Warner Music Group. Frank Vincent Zappa (December 21 1940 – December 4 1993 was an American Composer, Electric guitarist Record producer and Film director Roadrunner Records (Roadrunner Music Group BV is a Record label that concentrates on heavy metal bands
On December 27, 2007, Warner announced that they would sell digital music without Digital Rights Management through AmazonMP3, making them the third major label to do so. Events 537 - The Hagia Sophia is completed 1512 - The Spanish Crown issues the Laws of Burgos, governing the Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Digital audio uses Digital signals for Sound reproduction. This includes analog-to-digital conversion, digital-to-analog conversion, storage Digital rights management ( DRM) is a generic term that refers to Access control technologies used by hardware manufacturers publishers and Copyright holders Amazon MP3 is a digital music store owned and operated by Amazon [1]
In 2007, Warner Chapell sent a Cease and Desist letter to the creator of a freeware program, PearLyrics which was used to find lyrics of songs using the internet. Apparently according to Warner Chapell annotating ones own music with lyrics is now classified as Piracy.
Warner Music Group's labels include the following. It should be noted that some labels are actually divisions of other labels than in the order listed; this order reflects the current order of each label's administration.
WEA International Inc. has divisions worldwide such as Australia, Japan and all over Europe. These branches are usually called Warner Music followed by the name of the country. Some labels have more than one record company for example the UK has Warner Bros. UK and Atlantic UK.