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NEW YORK--(BUSINESS WIRE)--Warner Music Group Corp. will release its financial results on Thursday, August 6, 2026, for the third quarter ended June 30, 2026, and will hold an earnings conference call that afternoon at 4:30 p.m. ET. To access the conference call, please register here. Once registered, you will receive an email with unique dial in details with a PIN to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate asking a question, we recomme. Live financial news intelligence
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2026-07-20 18:15
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2026-07-20 12:00
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Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 6, 2026 | FMP Stock News | |
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2026-07-20 18:15
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2026-07-20 13:00
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Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 6, 2026 | FMP Stock News | |
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Warner Music Group Corp. will release its financial results on Thursday, August 6, 2026, for the third quarter ended June 30, 2026, and will hold an earnings c |
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2026-07-17 06:11
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2026-07-16 09:00
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WARNER MUSIC GROUP AND NETEASE CLOUD MUSIC ANNOUNCE STRATEGIC MULTI-YEAR LICENSING RENEWAL | FMP Stock News | |
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, /PRNewswire/ -- Warner Music Group (WMG) and NetEase Cloud Music, a leading interactive music streaming service provider in China, today announced the renewal of their strategic licensing agreement.This multi-year extension deepens the long-standing partnership between the two companies, multiplying opportunities in China for WMG's artists and songwriters and offering NetEase Cloud Music's highly engaged user base new and enhanced ways of engaging with their music. The two companies will expand their partnership from distribution of WMG's historic recording and publishing catalog to collaboration on promoting WMG's talent, who will benefit from dedicated marketing support by NetEase Cloud Music to strengthen and grow their relationships with Chinese audiences. Leveraging NetEase Cloud Music's strength in interactive community experiences, the renewed partnership will now focus on multimedia content collaboration beyond audio streaming, creating a richer and more immersive experience for fans. Robert Kyncl, CEO of Warner Music Group, says: "China is a vital part of the global music ecosystem, and our continued partnership with NetEase Cloud Music is key to our mission to maximize our artists' reach in the region. By leveraging NetEase's innovative social platform and deep understanding of Chinese youth culture, we're building lifelong fanbases for our artists in this important and fast-growing market." William Ding, CEO of NetEase Cloud Music, adds: "We're delighted to extend our successful collaboration with Warner Music Group. NetEase Cloud Music has always been the platform of choice for young users to discover and share great music, and to interact with artists. Together with WMG, we'll continue to push the boundaries of how music is experienced, ensuring that the world's premium music is accessible to our users." This renewal marks another milestone in a relationship that began in 2020 and has helped evolve the landscape of the Chinese music market. With China now firmly established as one of the world's top five recorded music markets by revenue, the deal underscores a shared commitment to a healthy, sustainable, and artist-centric digital music environment. About NetEase Cloud Music NetEase Cloud Music ("Cloud Music Inc.," HKEX: 9899) is one of the leading online music platforms in China, featuring an interactive content community for music enthusiasts in terms of user scale and engagement. NetEase Cloud Music is also the leading original music platform in China, hosting more than one million independent musicians. NetEase Cloud Music has built a large-scale, robust and rapidly growing business to provide community-centric online music services to its users. NetEase Cloud Music empowers music enthusiasts with a wide variety of technology-driven tools to discover, enjoy, share and create diverse music and music-inspired content and to interact with each other. About Warner Music Group Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees, WMG's Recorded Music division includes renowned labels such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Music Nashville. WMG's music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on Instagram, X, TikTok, LinkedIn, and Facebook. SOURCE NetEase Cloud Music |
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2026-07-13 18:12
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2026-07-13 13:34
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Warner Music Group: Improving Growth And A Reasonable Valuation | FMP Stock News | |
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407 FollowersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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2026-07-08 18:17
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2026-07-08 13:30
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Warner Music Group set for market share normalization as AI focus continues, says BofA | FMP Stock News | |
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Warner Music Group Corp (NASDAQ:WMG) is expected to see a normalization in market share during its fiscal third quarter while continuing to benefit from broader growth trends in the music industry, according to Bank of America.The bank maintained its 'Neutral' rating and $35 price objective on the company, writing that WMG’s upcoming results should reflect a return toward more typical market share levels after several quarters of stronger-than-usual performance. Shares of WMG traded hands at $29 on Wednesday afternoon, down about 5% so far this year. “WMG continues to see the benefit of PSM escalators and/or recent price increases, and after several quarters of robust market share, there has been some mean reversion toward other labels,” Bank of America wrote. The firm added that the shift had been well telegraphed following WMG’s fiscal second-quarter results. Bank of America expects subscription streaming growth could accelerate later in the year, supported by an additional PSM agreement rolling into the fourth fiscal quarter. The firm noted that recent agreements with digital service providers (DSPs) have improved visibility into subscription streaming growth and, alongside cost-cutting initiatives, could support multi-year earnings growth. The analyst also highlighted artificial intelligence as a key area of focus for investors, with the technology presenting both opportunities and risks for the music industry. While concerns remain around synthetic content and potential disruption to traditional music models, Bank of America wrote that AI could create new monetization opportunities. The firm pointed to Spotify’s recent investor day, where the streaming platform outlined plans for a potential higher-priced AI and “superfan” subscription tier. However, Spotify has not yet reached an agreement with WMG, despite announcing a deal with Universal Music Group (AEX:UMG), which Bank of America believes would be necessary before such a product could launch. “Although the structure of these agreements remains uncertain, we see a path to win-win outcomes if AI-enabled premium tiers can drive further monetization of music content,” the firm wrote. Bank of America maintained its fiscal third-quarter estimates for WMG, forecasting revenue of $1.81 billion and adjusted operating income before depreciation and amortization (OIBDA) of $417 million. For fiscal 2026, the firm kept its revenue forecast at $7.29 billion and adjusted OIBDA estimate at $1.72 billion. The bank said it continues to view the risk-reward profile for WMG shares as balanced at current levels, citing improved visibility from recent DSP agreements. |
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2026-06-30 21:03
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2026-06-30 16:17
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Should You Buy Netflix Stock Right Now? | FMP Stock News | |
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Netflix (NFLX 3.19%) isn't Wall Street's favorite stock these days. As of June 29, it's down 44% over the last year, trading at a modest 24 times trailing earnings. Are people selling Netflix stock for good reason, or is it a fantastic buy at these low prices?The efficiency king nobody's talking about Netflix doesn't just make money; it makes money efficiently. Return on assets? 23.7%, more than triple the next-best entertainment stock, Fox Corp. (FOX +2.47%). Return on invested capital? 28.8%, again about triple Fox's runner-up reading. Return on equity? 48.5%. You guessed it -- roughly three times Fox's returns on shareholder equity. Sure, Warner Music Group (WMG +1.80%) runs ahead at 68.5%, but that's not necessarily a good thing. It's the math you get from Warner's low equity and a heavy debt load. These aren't just profit percentages that look good on a spreadsheet. They're evidence that Netflix squeezes more profit out of every dollar than its sector rivals can dream of. Image source: Getty Images. It's still growing at scale Here's the thing about large companies: They're supposed to slow down over time. Netflix didn't get the memo. For a company generating over $47 billion in annual revenue, Netflix continues to expand at an impressive clip. Revenue rose 16% year over year in the first quarter, and analysts expect roughly 12% annual growth over the next three years. That's like watching a weight lifter win a cross-country footrace. The valuation reset From 2023 to 2025, Netflix largely traded at 50-plus times earnings. Investors gladly paid up, and the stock soared to a record market cap of $569 billion last summer. Things have changed. Netflix's stock plunged amid the Warner Bros. Discovery (WBD 1.81%) bidding drama and Q2 revenue and earnings guidance just below the Street's consensus estimates. I already mentioned the 24x P/E ratio and 44% price drop. Netflix isn't on clearance, but the "overpriced" argument has lost its teeth. Today's Change ( -3.19 %) $ -2.35 Current Price $ 71.43 Netflix combines best-in-class operational efficiency with double-digit revenue growth and a valuation that no longer demands perfection. The stock isn't broken; it's just unfashionable. That's a great setup for long-term investors. Anders Bylund has positions in Netflix. The Motley Fool has positions in and recommends Netflix and Warner Bros. Discovery. The Motley Fool has a disclosure policy. |
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2026-06-12 19:58
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2026-05-07 20:32
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Warner Music Group (WMG) Reports Q2 Earnings: What Key Metrics Have to Say | FMP Stock News | |
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For the quarter ended March 2026, Warner Music Group Corp. (WMG - Free Report) reported revenue of $1.73 billion, up 16.7% over the same period last year. EPS came in at $0.44, compared to $0.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.63 billion, representing a surprise of +6.22%. The company delivered an EPS surprise of +48.35%, with the consensus EPS estimate being $0.30. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Warner Music Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Total Recorded Music: $1.38 billion compared to the $1.28 billion average estimate based on two analysts.Revenue- Music Publishing: $353 million compared to the $337.37 million average estimate based on two analysts.Revenue- Corporate expenses and eliminations: $-1 million compared to the $-1.53 million average estimate based on two analysts.Revenue- Recorded Music- Digital: $975 million versus $933.05 million estimated by two analysts on average.Revenue- Recorded Music- Physical: $137 million versus $107.23 million estimated by two analysts on average.Revenue- Recorded Music- Total Digital and Physical: $1.11 billion versus the two-analyst average estimate of $1.04 billion.Revenue- Music Publishing- Other: $4 million compared to the $3.98 million average estimate based on two analysts.Revenue- Recorded Music- Licensing: $104 million versus the two-analyst average estimate of $108.68 million.Revenue- Music Publishing- Performance: $58 million compared to the $55.4 million average estimate based on two analysts.Revenue- Music Publishing- Digital: $224 million versus the two-analyst average estimate of $209.62 million.Revenue- Music Publishing- Mechanical: $17 million versus the two-analyst average estimate of $15.71 million.Revenue- Music Publishing- Synchronization: $50 million compared to the $52.68 million average estimate based on two analysts.View all Key Company Metrics for Warner Music Group here>>> Shares of Warner Music Group have returned +10.2% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. |
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2026-06-12 19:58
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2026-05-07 20:51
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Warner Music Group Corp. (WMG) Q2 2026 Earnings Call Transcript | FMP Stock News | |
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Warner Music Group Corp. (WMG) Q2 2026 Earnings Call Transcript |
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2026-06-12 19:58
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2026-05-08 12:46
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Warner Music Hits All The Right Notes With Blowout Quarter, Analyst Says More Growth Ahead | FMP Stock News | |
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Earnings Beat ExpectationsWarner Music reported second-quarter revenue of $1.732 billion, beating analyst estimates of $1.612 billion. Earnings came in at 35 cents per share, ahead of consensus estimates of 27 cents.Total revenue increased 17% year over year, or 12% in constant currency, supported by growth in both recorded music and music publishing operations. Adjusted OIBDA rose 31% year over year, or 24% in constant currency, to $397 million, reflecting improved operating leverage and cost discipline. Streaming Momentum Drives GrowthThe company said growth was fueled by accelerating streaming performance, supported by higher per-subscriber pricing and continued market share gains. Management also highlighted ongoing cost-saving initiatives and operational efficiencies, which helped drive margin expansion. Warner Music expects full-year margin expansion to land at the high end of its previously guided 150-basis-point to 200-basis-point range. Bain Joint Venture Expands Catalog PortfolioWarner Music also pointed to strategic progress through its joint venture with Bain Capital, which deployed $650 million to acquire recorded music and music publishing catalogs. The company said the acquisitions strengthen its long-term content portfolio and reinforce future revenue opportunities tied to owned intellectual property. Balance Sheet PositionAs of March 31, 2026, Warner Music reported cash and equivalents of $741 million and total debt of $4.719 billion. Analysts Raise Price ForecastsAnalysts turned more bullish on Warner Music following the company's latest quarterly results and continued streaming momentum. Guggenheim Partners analyst Michael Morris raised his price forecast on the stock to $36 from $34 while maintaining a Buy rating. Morris said Warner Music delivered results that significantly exceeded expectations. He added that the higher valuation reflects an improved earnings growth outlook, supported by continued subscription streaming momentum and ongoing cost-efficiency measures. The analyst also said Warner Music is well-positioned to benefit from the broader adoption of artificial intelligence. According to Morris, the company's proprietary content library should remain a key driver of consumer demand as music distribution models continue to evolve. Separately, Evercore ISI analyst Vijay Jayant raised his price forecast on Warner Music to $43 from $37 while maintaining an Outperform rating. Warner Music Price ActionWMG Price Action: Warner Music shares were up 5.69% at $32.80 at the time of publication on Friday, according to Benzinga Pro data. Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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2026-06-12 19:58
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2026-05-09 04:07
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Warner Music Group Q2 Earnings Call Highlights | FMP Stock News | |
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2 hours agoMSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in StockMarketBeat MSA Safety Incorporporated (NYSE:MSA - Get Free Report) CFO Julie Beck bought 448 shares of the stock in a transaction dated Thursday, June 11th. The stock was acquired at an average price of $158.69 per share, with a total value of $71,093.12. Following the completion of the purchase, the chief financial officer owned 3,825 shares of the company's stock, valued at $606,989.25. This represents a 13.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. NYSE:MSA Read MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in Stock 2 hours ago Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of StockMarketBeat NBT Bancorp Inc. (NASDAQ:NBTB - Get Free Report) Director Heidi Hoeller sold 2,100 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $48.03, for a total transaction of $100,863.00. Following the transaction, the director owned 11,560 shares of the company's stock, valued at approximately $555,226.80. This represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. NASDAQ:NBTB Read Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of Stock 2 hours ago Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) StockMarketBeat IGM Financial Inc. (TSE:IGM - Get Free Report) Director Douglas Milne sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of C$80.61, for a total value of C$128,976.00. Following the sale, the director directly owned 800 shares in the company, valued at C$64,488. The trade was a 66.67% decrease in their ownership of the stock. TSE:IGM Read Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) Stock 2 hours ago GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 SharesMarketBeat GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 2,800 shares of GlobalFoundries stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $75.17, for a total value of $210,476.00. Following the transaction, the insider owned 6,695 shares in the company, valued at $503,263.15. This trade represents a 29.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. NASDAQ:GFS Read GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 Shares Sort By Time Frame Alert Type Keywords Page 1 of 325 |
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2026-06-12 19:58
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2026-05-12 10:00
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Warner Music Group Corp. to Participate in J.P. Morgan Global Technology, Media and Communications Conference | FMP Stock News | |
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NEW YORK--(BUSINESS WIRE)--Warner Music Group Corp. announced today that Armin Zerza, Chief Operating Officer and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 20th, at 11:20am ET.A live webcast of the session will be available to the general public through a link on the Investor Relations page of Warner Music Group’s website. A replay of the audio webcast will be available in the Past Events section of Warner Music Group’s Investor Relations homepage. About Warner Music Group Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. WMG’s Recorded Music division includes renowned labels such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Records, Warner Classics, and Warner Records Nashville. WMG’s music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on Instagram, X, TikTok, LinkedIn, and Facebook. |
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2026-06-12 19:58
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2026-05-14 10:00
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Warner Music Group Corp. to Participate in J.P. Morgan Global Technology, Media and Communications Conference | FMP Stock News | |
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NEW YORK--(BUSINESS WIRE)--Warner Music Group Corp. announced today that Armin Zerza, Chief Operating Officer and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 20th, at 10:40am ET, instead of the previously announced time of 11:20am ET.A live webcast of the session will be available to the general public through a link on the Investor Relations page of Warner Music Group’s website. A replay of the audio webcast will be available in the Past Events section of Warner Music Group’s Investor Relations homepage. About Warner Music Group Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. WMG’s Recorded Music division includes renowned labels such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Records, Warner Classics, and Warner Records Nashville. WMG’s music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on Instagram, X, TikTok, LinkedIn, and Facebook. |
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2026-06-12 19:58
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2026-05-18 14:58
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Bonds, Catalogs, or ETFs? Navigating the Music Asset Class | FMP Stock News | |
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The inaugural Amplify Music Investment Summit brought together fund managers, wealth advisors, and music industry executives at Virgin Hotels in New York City in May. The day-long event examined what separates the winners from the losers in the music asset class.Key Takeaways: AI-generated music accounts for less than 1% of actual consumer consumption. Investors who collect music royalties without managing the assets risk losing income to others’ decisions. Institutional demand for music royalty bonds is unlimited, but supply remains far below mainstream credit markets. The event, co-presented by the Mondo.NYC Conference and the MUSQ Global Music Industry ETF (MUSQ), carried one central message: Buying music catalogs and sitting on them is no longer a winning strategy. The investors generating returns today are the ones actively working their assets. The morning keynote brought together Warner Music Group (WMG) chief executive officer Robert Kyncl and Lisa Yang, EVP and global head of strategy at WMG. CNBC anchor Jon Fortt led the conversation. Yang described how WMG now approaches its catalog investments like a portfolio manager, weighing each deal against the full portfolio and targeting returns in the high-teens range. That shift reflects a broader change in how WMG evaluates opportunities. Rather than assessing deals by label or country, Kyncl said the company now runs a centralized pipeline review. That allows it to redirect capital to its highest-return opportunities more quickly. WMG on Valuations, AI, and Music Investment Strategy Yang pointed to a valuation gap between where WMG’s stock trades and what comparable catalogs fetch in private deals. She said the company has recently traded at around 10 times EBITDA, a measure of earnings before interest, taxes, depreciation, and amortization. Private transactions for similar-quality assets have commanded multiples well above that level. Yang said AI-generated songs are flooding streaming platforms daily, but actual consumer consumption of that content remains very low. “The actual consumption is probably less than 1%,” Yang said. Even in China, where AI adoption in music is further along, WMG has seen no impact on its market share. Kyncl offered a counterintuitive read on AI’s long-term effect on established catalogs. Casual content creators, Kyncl argued, tend to reach for recognizable artists and sounds over anonymous AI-generated content. That behavior, he argued, should push demand for iconic intellectual property higher over time. Catalogs, Royalties, and the Risk of Doing Nothing The “Music Rights as an Asset Class” panel covered similar ground from an allocator’s perspective. Larry Miller, clinical professor at NYU Steinhardt and executive director of the Sony Audio Institute, moderated the discussion. Miller opened with a thesis: Music became a legitimate investment category when streaming arrived. It turned a volatile, hit-driven business into one with steady, recurring revenues that behave more like real estate or infrastructure. Cameron Smalls, managing director at Morgan Stanley, made the case for why simply owning royalties is not enough. He warned that passive holders have no say if a copyright owner moves to a pricier distribution platform. They also have no recourse if that owner takes out an advance that cuts their income. Without the ability to make decisions, investors are at the mercy of choices made by others. “If you’re passive, you’re in the backseat,” Smalls said. Josh Gruss, founder and chief executive officer of Round Hill Music, pointed to his own fund as an example of what that misunderstanding looks like in practice. He said Round Hill’s publicly listed vehicle once traded at a 50% discount to its net asset value. In other words, public market investors were valuing it at half of what its underlying assets were actually worth. That kind of mispricing, he suggested, is what happens when investors don’t fully grasp what they own. Knowing what you own is the first step toward doing something about it. Natalia Nastaskin, partner and chief content officer at Primary Wave Music, offered the clearest example of what taking action actually looks like. She gave an example of the company’s effort with the Luther Vandross estate. That included producing a CNN documentary that Nastaskin said was the most-watched documentary film since 2022. It also capitalized on a Kendrick Lamar and SZA collaboration that sampled a Vandross recording, and a brand partnership with Waterford Crystal. An Alvin Ailey dance production tied to the catalog launches in November at New York’s City Center, with a biographical film also in development. Permanent Capital and the Demand for Music Bonds Steve Salm, chief business development executive at Concord, credited the company’s majority investor, a pension fund associated with the state of Michigan, with providing what he called permanent capital. That structure has allowed Concord to grow without the pressure of a fixed exit deadline. Gruss added that the traditional private equity timeline of five to 10 years is simply too short for assets that grow in value across decades. Smalls closed the macro discussion by noting that institutional appetite for music asset-backed securitizations, which are bonds backed by royalty income, is effectively unlimited. “No limit in investor demand,” Smalls said. “The problem is there’s not enough paper.” He framed the gap: Music copyrights globally generate roughly $40 billion per year, while the U.S. mortgage market alone represents $15 trillion. The pool of music royalty bonds is a fraction of what large institutional investors are used to deploying capital into. MUSQ, which co-presented the summit, tracks the MUSQ Global Music Industry Index and carries an expense ratio of 0.76%. The fund had approximately $22.4 million in assets under management, according to ETF Database. For more news, information, and analysis visit the Thematic Investing Content Hub. VettaFi LLC (“VettaFi”) is the index provider for MUSQ, for which it receives an index licensing fee. However, MUSQ is/are not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of MUSQ. |
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2026-06-12 19:58
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2026-05-18 19:19
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Is It Too Late to Buy Warner Music Group Corp (WMG) After 3.4% Rally? GF Value Says Fairly Valued | FMP Stock News | |
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On May 18, 2026, Warner Music Group Corp WMG shares rose 3.4% to a current price of $34.56. The stock has shown strong performance with a 52-week range of $23.34 to $34.63.GF Value™ verdict: Current price is equal to GF Value™ of $34.56, indicating fairly valued with 0% upside/downside.GF Score™ of 82/100 suggests a strong overall ranking, indicating potential for higher long-term returns.No insider transactions have been reported in the last 3 months, suggesting a neutral sentiment among insiders. Is WMG Overvalued or Undervalued? Warner Music Group Corp's current price of $34.56 aligns perfectly with its GF Value™ estimate of $34.56, indicating that the stock is fairly valued. This means there is no margin of safety for investors looking to enter at this price point. The GF Valuation label suggests that the stock is trading at its intrinsic value, reflecting the current market sentiment and performance expectations. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current valuation context, investors should be cautious as there is limited room for error, and any unforeseen adverse developments could lead to a decline in stock price. How Does WMG's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 40.7x 39.0x Forward P/E 24.9x N/A Currently, WMG's P/E (TTM) of 40.7x is 4% above its 5-year median P/E of 39.0x, indicating that the stock is trading slightly above its historical valuation. This analysis aligns with the GF Value™ verdict that suggests the stock is fairly valued, as the forward P/E also indicates a more optimistic outlook moving forward. What Does WMG's GF Score™ Tell Us? Metric Rating GF Score™ 82 Financial Strength 4/10 Profitability 7/10 Growth 7/10 Valuation 9/10 Momentum 7/10 The GF Score™ of 82/100 reflects a strong position for WMG, signifying potential for higher long-term returns. The valuation rank of 9/10 stands out as the strongest aspect of the score, indicating that the stock is attractively valued relative to its potential. However, the financial strength score of 4/10 suggests some vulnerability, indicating that the company may not be as stable as desired. This mixed picture implies that while there is promise in profitability and growth, financial strength remains a concern. What Are Insiders Doing with WMG Stock? In the past three months, there have been no reported insider transactions for Warner Music Group Corp. This absence of insider trading activity typically indicates neutrality among insiders regarding the company's future prospects. Such patterns can suggest that insiders do not perceive immediate opportunities or risks that warrant buying or selling shares. What This Means for Investors Based on the GF Value™ analysis, Warner Music Group Corp WMG is currently fairly valued at $34.56. With a strong GF Score™ of 82/100, the stock does exhibit solid fundamentals, although the financial strength aspect raises some caution. Investors may consider these factors when evaluating their positions. For the complete analysis, visit the Warner Music Group Corp WMG stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities. Frequently Asked Questions What is WMG's GF Score™? WMG's GF Score™ is 82/100, indicating a strong overall ranking that suggests potential for higher long-term returns based on historical performance. Is WMG overvalued or undervalued? WMG is fairly valued according to the GF Value™ estimate, aligning with its current market price of $34.56. What is WMG's P/E ratio? WMG's P/E (TTM) is 40.7x, which is slightly above its 5-year median P/E of 39.0x, indicating that the stock is trading at a premium compared to its historical valuation. This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected]. |
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Warner Music Group Corp. (WMG) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript | FMP Stock News | |
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Warner Music Group Corp. (WMG) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript |
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Surging Earnings Estimates Signal Upside for Warner Music Group (WMG) Stock | FMP Stock News | |
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Warner Music Group Corp. (WMG - Free Report) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Warner Music Group Corp., there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: 12 Month EPS Current-Quarter Estimate RevisionsThe earnings estimate of $0.38 per share for the current quarter represents a change of +1,366.7% from the number reported a year ago. The Zacks Consensus Estimate for Warner Music Group has increased 6.59% over the last 30 days, as two estimates have gone higher while one has gone lower. Current-Year Estimate RevisionsFor the full year, the earnings estimate of $1.52 per share represents a change of +120.3% from the year-ago number. The revisions trend for the current year also appears quite promising for Warner Music Group, with four estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 7.74%. Favorable Zacks RankThe promising estimate revisions have helped Warner Music Group earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. Bottom LineWarner Music Group shares have added 19.3% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earnings growth prospects. |
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Are You Looking for a Top Momentum Pick? Why Warner Music Group Corp. (WMG) is a Great Choice | FMP Stock News | |
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Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Warner Music Group Corp. (WMG - Free Report) , which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Warner Music Group Corp. currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for WMG that show why this company shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For WMG, shares are up 3.86% over the past week while the Zacks Film and Television Production and Distribution industry is up 0.38% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 21.05% compares favorably with the industry's 1.03% performance as well. Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Over the past quarter, shares of Warner Music Group Corp. have risen 21.6%, and are up 32.11% in the last year. On the other hand, the S&P 500 has only moved 9.16% and 30.94%, respectively. Investors should also take note of WMG's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now WMG is averaging 2,934,588 shares for the last 20 days.. Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with WMG. Over the past two months, 4 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost WMG's consensus estimate, increasing from $1.39 to $1.52 in the past 60 days. Looking at the next fiscal year, 4 estimates have moved upwards while there have been no downward revisions in the same time period. Bottom LineTaking into account all of these elements, it should come as no surprise that WMG is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Warner Music Group Corp. on your short list. |
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Investors and labels are buying into the growing South Asian music business in the U.S. | FMP Stock News | |
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watch nowWhen music executive Anjula Acharia began launching superstar actress Priyanka Chopra Jonas into Hollywood in the early 2000s, her label partner Jimmy Iovine — the name behind pop sensations such as Eminem and Lady Gaga — told her she was 20 years too early to bring South Asian talent to the U.S. Now, Acharia is the founder and CEO of 5 Junction, a joint label with Warner Music Group focused specifically on investing in South Asian artists in the U.S. "That sounded crazy, to think we were 20 years too early, but now, 20 years later, with the explosion of people like Diljit Dosanjh and Karan Aujla ... there's all these South Asian acts that are coming here and really selling out, particularly in the live arena," Acharia told CNBC. The South Asian music market in the U.S. has remained largely untapped, but as music becomes more globalized, as with the success of K-pop and Latin acts, South Asian talent is making a case to investors as the next big business opportunity, Acharia said. Global music revenues are reaching all-time highs, surpassing $30 billion in 2025, according to the International Federation of the Phonographic Industry. Spotify said last year that streams of Indian artists in international markets grew more than 2,000% between 2019 and 2023, and nearly 50% of royalties from Indian artists on the platform in 2024 were from listeners outside India. With South Asia's growing population and diaspora, it's set to be one of the fastest-growing segments within global music, according to Acharia. "We're in a different time, and I think digitally things travel just so much faster," she said. "A lot of big hits were made with samples from Indian music, so it's been in the zeitgeist for a long time — it's just not been given a face." As more labels look to the subcontinent, Acharia said the business is currently in a stage of experimentation, figuring out what works and how the fan bases will evolve. Warner Music Group is the third-largest music label in the U.S., holding roughly 17% market share by distribution ownership as of the first quarter of 2026, according to Billboard. "I think the business proposition is this global Indian fandom," she said. "How do we galvanize this audience and this fandom, and how do we serve it?" 5 Junction represents top artists such as singer and songwriter Rhea Raj, who told CNBC she's seeing South Asian music become more mainstream in the U.S. "We're seeing more artists at bigger festivals and at award shows, and I think the best of it's yet to come," Raj said. Raj and her sister, Lara Raj, of the girl group Katseye, are two of many South Asian artists in the U.S. building out fan bases that span backgrounds and ethnicities. Rhea Raj, who got her start on "American Idol" nearly a decade ago, said she believes now is the time that South Asian music is going to "explode" in the U.S., especially as 5 Junction continues to bring more artists to the main stages. "South Asian music, it is so diverse, and within that, there are so many countries and regions and styles and things to break down and explore, and I just hope that as time goes on and we have more artists in the mainstream pop world, we'll get to see more and more pieces of that," she said. 'Building worlds'The streaming era has helped Warner Records to narrow its focus on the South Asian music business because it lowers the barriers to entry, said Karen Kwak, the company's executive vice president and head of artists and repertoire. Kwak told CNBC that when she got into the music business, there were practically no other executives or artists who looked like her. Now, that picture has changed dramatically. Kwak said the younger generations, especially in South Asia, are driving current music trends. "That is what is so great about the music world we live in today, is that everybody is embracing who they are, and I think youth all over the world, they want to see stars that look like them," Kwak said. "It's a rabid fandom in India ... and it's exactly where we want to be." The record company is also focused on encouraging collaborations between South Asian musicians and popular American artists to help them break into the music scene, she added. "It's really about building worlds, and yes, of course, we're going to continue investing [in South Asian talent]," she said. "It is what music is. We're changing and impacting and creating the new music culture." It's also important to Warner to be "genre-bending and genre-blending," Kwak said, adding that the company is investing in South Asian talent that spans multiple types of music, languages and audiences. Nora Fatehi is one of those artists. The Moroccan Canadian singer and actress, who has more than 45 million followers on Instagram, saw the potential in the South Asian market and broke in — targeting that audience even though she doesn't have a connection to South Asia — and became one of the biggest names in the business. "Right now, what 5 Junction and Warner are trying to do is tap into the different talent that's coming out of that country, give it a platform, and also allow people around the world to consume the music and to consume the artistry like never before," she told CNBC. Fatehi, who will be performing at the World Cup opening ceremony in Toronto in a few weeks, said that even though the American market is hard to crack as an outsider, she's seeing the results take hold as more talent from South Asia crosses into the West. "I think the audience is ready for different stuff," Fatehi said. "Now, with YouTube and Spotify and with social media, I don't think borders exist any longer. ... I think labels and managements and platforms realize that people are ready to consume different types of music." — CNBC's Ryan Baker contributed to this report. |
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Wall Street Analysts See a 25.36% Upside in Warner Music Group (WMG): Can the Stock Really Move This High? | FMP Stock News | |
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Shares of Warner Music Group Corp. (WMG - Free Report) have gained 8.1% over the past four weeks to close the last trading session at $30.8, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $38.61 indicates a potential upside of 25.4%.The mean estimate comprises 18 short-term price targets with a standard deviation of $5.38. While the lowest estimate of $23.00 indicates a 25.3% decline from the current price level, the most optimistic analyst expects the stock to surge 49.4% to reach $46.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. However, an impressive consensus price target is not the only factor that indicates a potential upside in WMG. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside. Price, Consensus and EPS Surprise Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts. However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces. That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism. Here's Why There Could be Plenty of Upside Left in WMGThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current year, four estimates have moved higher over the last 30 days compared to no negative revision. As a result, the Zacks Consensus Estimate has increased 7.1%. Moreover, WMG currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Therefore, while the consensus price target may not be a reliable indicator of how much WMG could gain, the direction of price movement it implies does appear to be a good guide. |
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Best Income Stocks to Buy for June 10th | FMP Stock News | |
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Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 10:ARKO Petroleum Corp. (APC - Free Report) : This fuel distribution company witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% the last 60 days. This Zacks Rank #1 company has a dividend yield of 5.3%, compared with the industry average of 2.1%. Warner Music Group Corp. (WMG - Free Report) : This music entertainment company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% the last 60 days. This Zacks Rank #1 company has a dividend yield of 2.5%, compared with the industry average of 0.7%. Columbus McKinnon Corporation (CMCO - Free Report) : This material handling equipment company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5% in the last 60 days. This Zacks Rank #1 company has a dividend yield of 2.3%, compared with the industry average of 0.1%. See the full list of top ranked stocks here. Find more top income stocks with some of our great premium screens. |
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WARNER MUSIC GROUP ACQUIRES SUREEL AI | FMP Stock News | |
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Move strengthens WMG's capabilities for protection, control, and monetization of intellectual property, name, image, likeness, and voice in the AI era, /PRNewswire/ -- Warner Music Group (NASDAQ: WMG) today announced an agreement to acquire Sureel AI. The acquisition advances WMG's mission to ensure that artists, songwriters, and rightsholders benefit wherever and whenever their work is referenced in AI-generated works or in the training of AI models. Sureel's multi-patented technology creates "AI DNA" for every work, breaking it into component parts and tracing how AI models use those elements. Sureel also delivers intellectual property provenance, audit and compliance reporting, model optimization, AI business intelligence, and a growing NIL (name, image, and likeness) attribution suite that tracks how artist voices, likenesses, and performance identities are used in AI training and generation — including voice clones, AI-generated avatars, and style replication. The Sureel registry today holds millions of music assets, with the architecture to extend its multi-layer attribution into video and image at scale. Sureel will continue to operate as a standalone platform serving the broader music and AI ecosystem, strengthened by Warner Music Group's resources, scale, and strategic support. Robert Kyncl, Chief Executive Officer, Warner Music Group, said: "AI powers a large fan engagement and value creation opportunity for our industry, while making the human provenance of music more important than ever. Bringing Sureel into WMG strengthens our capability for protection, control and monetization and ensures that the creative community remains in control of its intellectual property, name, image, likeness, and voice. We look forward to working with Tamay and his team to advance all of their incredible work." Dr. Tamay Aykut, Chief Executive Officer + Founder, Sureel AI, said: "Rightsholders deserve to know how AI interacts with their work, and to share fairly in the value it creates. Sureel was built to make that possible, and with WMG's backing, we can deliver on our mission at scale, building a more transparent and fair future and driving value growth for the whole music and entertainment ecosystem." About Warner Music Group Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. WMG's Recorded Music division includes renowned labels such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin', Warner Records, Warner Classics, and Warner Records Nashville. WMG's music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on Instagram, X, TikTok, LinkedIn, and Facebook. Media Contact: Hannah Karp [email protected] SOURCE Warner Music Group Corp. |
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Warner Music acquires AI attribution startup Sureel AI | FMP Stock News | |
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theWarner Music Music (WMG) announced on Wednesday that it’s acquiring AI attribution startup Sureel AI. Sureel’s patented technology creates “AI DNA” for songs and breaks them down into component parts to trace how AI models use those elements.Through the acquisition, WMG aims to better track when its artists’ and songwriters’ work is used in AI-generated content or for training AI models. “Bringing Sureel into WMG strengthens our capability for protection, control and monetization and ensures that the creative community remains in control of its intellectual property, name, image, likeness, and voice,” said WMG chief executive Robert Kyncl in the press release. The financial terms of the deal were not disclosed. Founded in 2022, Sureel also offers intellectual property provenance, audit and compliance reporting, model optimization, and AI business intelligence. The startup also has a name, image, and likeness (NIL) attribution suite to track how artist voices, likenesses, and performance identities are used in AI training and generation. This includes voice clones, AI-generated avatars, and style replication. The startup will continue to operate as a stand-alone platform serving the broader music and AI ecosystem, WMG says. “Rightsholders deserve to know how AI interacts with their work, and to share fairly in the value it creates,” Sureel founder and chief executive Tamay Aykut said in remarks. “Sureel was built to make that possible, and with WMG’s backing, we can deliver on our mission at scale, building a more transparent and fair future and driving value growth for the whole music and entertainment ecosystem.” WMG has embraced AI after initially opposing it, as the company originally sued music-generation startup Suno in 2024 and later signed a licensing deal with the company last year. WMG said at the time that artists and songwriters would have full control over whether and how their names, images, likenesses, voices, and compositions are used in new AI-generated music. It’s worth noting that Sony Music Entertainment and Universal Music Group are still pursuing massive copyright infringement claims against the AI music startup. WMG last year also settled its lawsuit against AI music startup Udio and reached a licensing deal with the company. When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence. Aisha is a consumer news reporter at TechCrunch. Prior to joining the publication in 2021, she was a telecom reporter at MobileSyrup. Aisha holds an honours bachelor’s degree from University of Toronto and a master’s degree in journalism from Western University. You can contact or verify outreach from Aisha by emailing [email protected] or via encrypted message at aisha_malik.01 on Signal. |
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