Warner Music Group
Warner Music Group, the second-largest record label on the planet, has announced a major milestone in the industry's shift towards streaming.
Large record label Warner Music Group and major Chinese web portal and social network Tencent have agreed to a deal for the industry's “first ever master distribution partnership between a major music company and a leading Internet provider in China
It appears that Spotify, Pandora and YouTube have helped boost Warner Music's earnings this quarter.
Overall, streaming services accounted ......
Warner Music Group has announced today that it has sold itself to the investment firm Access Industries for $3.3 billion, including assumption of debt.
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Warner Music Group could be sold at the end of the week for $3 billion, say sources, as all final buyout bids for the Big 4 record label are due tomorrow.
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Warner Music Group chairman and CEO Edgar Bronfman Jr. has been convicted and fined over insider trading.
The ruling, in French court, came ......
