Harrison - Research on Warner Music Group

Warner Music Group Research

The Warner Music Group has over 513k followers making it larger than the Universal Music Group which has just over 470k followers on twitter. This makes the Warner Music Group one of the most followed music groups in the world.


The group was founded in 1958 and is now worth over $20bn. The CEO of the group is Stephen Cooper and the HQ of the group is in New York in the United States.


The revenue of the Warner Music Group in 2013 is $2.87bn.


Some of their labels include:


-Ed Sheeran


-Coldplay


-Macklemore


-Prince


-Micheal Bublé


-Pitbull

It is one of the "big three" recording companies and the third largest in the global music industry, next to Universal Music Group (UMG) and Sony Music Entertainment (SME), being the only American music group worldwide. Formerly owned by Time Warner, the company was publicly traded on the New York Stock Exchange until May 2011, when it announced its privatization and sale to Access Industries, which was completed in July 2011. With a multibillion-dollar annual turnover, WMG employs in excess of 3,500 people and has operations in more than 50 countries throughout the world.

The company owns and operates some of the largest and most successful record labels in the world, including its flagship labels Warner Bros. Records, Parlophone and Atlantic Records. WMG also owns Warner Music, one of the world's largest music publishers.