{
Warner Music Group Corp.

Companies

}
Symbol WMG
Name Warner Music Group Corp.
Currency USD
Sector Communication Services
IndustryGroup Media & Entertainment
Industry Entertainment
Market NASDAQ Global Select
Country United States
State NY
City New York
Zipcode 10019
Website http://www.wmg.com
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warner music shares plunge after bmg ends distribution partnership
Warner Music Group Corp. experienced its largest stock drop in 18 months following the termination of its music distribution deal with BMG. The end of this nearly eight-year partnership, as BMG shifts to in-house digital distribution, is expected to negatively impact Warner's financial results and limit growth from music streaming next year.
Bloomberg.com
BMG Warner Music Group Corp. USA DEU
Finance & Economy, Market Report
19:36 21.11.2024
universal music group partners with ai firm to shape music generation models
Universal Music Group (UMG) is collaborating with AI company Klay Vision to ethically train generative AI music models while maintaining control over copyright usage. This partnership aims to create commercially available AI-generated music that respects the rights of human creators, amidst ongoing legal actions against AI firms for copyright infringement. As the music industry adapts to AI, UMG seeks to shape the future of AI music creation while safeguarding its intellectual property.
VentureBeat
United States Dollar Alphabet Inc. Universal Music Group Inc. Sony Music Entertainment COMPANY Google Inc. Warner Music Group Corp. USA Taylor Swift Ary Attie Vickie Nauman Chappell Roan Show more
Regulatory & Legal, News Article
22:20 28.10.2024
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