Alliance says going public will "enhance [our] ability to pursue future acquisitions, while also investing in further automation of [our] distribution facilities and upgrading [our] proprietary suite of software"
Eight of the world’s top ten-selling artists on the 2021 IFPI global charts were signed to or distributed by UMG labels, including BTS and Glastonbury 2022 headliner Billie Eilish
A 3EE "central hub of expertise" will now be established, said Warner, which will "bring together the deep knowledge and wide experience spanning the 300 and Elektra teams".
Warner Music Group has been particularly active in the Web3 space over the past few months. In January, WMG inked a strategic partnership with virtual gaming world The Sandbox, marking what WMG said was its “first entry into the NFT metaverse realm”. The major has also entered into partnerships with the likes of gaming developer Splinterlands … Continued
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Steve Cooper, the CEO of Warner Music Group, has officially announced he is stepping down from the leadership position. Cooper won’t be going anywhere for some time yet, though. The US-based executive has told staff in an email today (June 22), first reported by the Wall Street Journal, that he has instructed the WMG board … Continued