Warner Music Group Reports Strong Q2 2024 Earnings with Focus on Revenue Growth and Artist Development

Friday, 10 May 2024, 00:15

Warner Music Group highlights include a 7% increase in total revenue in Q2 2024, with Recorded Music and Music Publishing sectors both showing growth. Notable achievements in artist development include hits from various genres and successful signings. The Music Publishing division, Warner Chappell, continues to perform well by contributing to recent hit songs and growing its global market share.
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Warner Music Group Reports Strong Q2 2024 Earnings with Focus on Revenue Growth and Artist Development

Warner Music Group Q2 2024 Earnings Call Transcript

Warner Music Group earnings call for the period ending March 31, 2024.

Highlights:

  • Total revenue increased by 7% in Q2 2024.
  • Recorded Music and Music Publishing showed growth of 4% and 19% respectively.
  • Significant hits from artists across different genres and successful new artist signings.
  • Warner Chappell, the Music Publishing division, continues to achieve strong results with recent hit songs and global market growth.

Warner Music Group continues to emphasize revenue growth and artist development in its operations, showcasing a positive performance in Q2 2024.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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