Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
C lass A shares of Warner Music Group (NASDAQ:WMG) on Wednesday rose more than 6% in extended trading, after the record label ...
Global music and streaming revenues grew 10% in 2023, but amid mass layoffs and restructuring, executives warn of a ...
The tough news continues for the music industry as Warner Music announced that it will lay off 10% of its staff, or 600 people, in the coming weeks. The news comes in advance of the company’s earnings ...
"It solves a real stack problem for them," says Matt Pincus, founder and CEO of MUSIC. By Glenn Peoples In a New Year letter to staff in January, Warner Music Group CEO Robert Kyncl said the ...
Warner Music India is set to strengthen its position in the central Indian music market after making a strategic investment ...
IFPI has launched its Global Music Report with a positive result for all regions of the world as streaming and physical both ...
The media and entertainment industry's reckoning continues in 2024 with more layoffs, as rising costs and debt-ridden balance sheets continue to weigh on the embattled sector. But all of that wasn ...