Warner/Chappell doing better

500% UP? A nugget of good news glittered hopefully amid the red ink of another Warner Music earnings report. It emanated from Warner/Chappell, which registered operating income of $10 million in the company’s fiscal Q3, a remarkable 500% increase over the year-ago quarter’s $2 million, while OIBDA grew 18% to $26 million. So it seems that, while the media focus on WMG’s ongoing struggles in the recorded music sector continues, less notice has been taken of the fact that things appear to be moving in the right direction on the publishing side. (8/13a)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now JAMES KING: THE HITS INTERVIEW (PART ONE) London calling (5/2a) Check It Out Now TOP 20: IT’S STILL TAYLOR’S WORLD Large and in charge (5/2a) Check It Out Now THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL That's what friends are for. (5/1a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

Warner/Chappell doing better

Modal