Warner music group research

WARNER MUSIC GROUP RESEARCH

History
- Warner Bros. had no record label division at the time one of its contracted actors scored a No. 1 hit song in 1957 for Dot Records, a division of Paramount Pictures. To try and prevent any of its actors recording for rival companies, Warner Bros. Records was created in 1958.

- In 1963, Warner purchased Reprise Records, which was founded by Frank Sinatra 3 years before.

- After Warner Bros. was sold to Seven Arts Production in 1967, it purchased Atlantic Records, founded in 1947 (WMG's oldest label).

- in 1969, Warner Bros. Seven Arts company was sold to the Kinney National Company.

General Information
- American multinational entertainment and record-label conglomerate in Los Angeles.

- Founded by Warner Bros.

- The CEO of WMG is Stephen Cooper and the companies revenue in 2018 was $4 billion.

- WMG's subsidiaries are Uproxx and Gold Typhoon.

- It is one of the "big three" recording companies and the third largest in the global music industry.

- Formerly part of Time Warner (now WarnerMedia), the company was publicly traded on the NYC Stock Exchange until May 2011.

- With a multibillion-dollar annual turnover, WMG employs more than 3500 people and has operations in more than 50 countries throughout the world.

- The company owns and operates some of the largest and most successful labels in the world, including Elektra Records, Warner Records, Parlophone, and Atlantic Records.

- WMG also owns Warner Chappell Music, on the world's largest music publishers.

- WMG has been an industry-leading force in providing a world-class array of services designed to help artists and labels grow their careers and their businesses.

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