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  • WARNER MUSIC GROUP CORP Profile

    These records were made to be listened to, not broken. Warner Music Group (WMG) is one of the largest recording companies in the world and ranks #3 in terms of US market share (behind Universal Music Group and Sony BMG Music Entertainment). The company operates through two businesses: Recorded Music and Music Publishing. Its Recorded Music catalog includes the best-selling albums The Eagles: Their Greatest Hits 1971-1975 and Led Zeppelin IV. Its Music Publishing business holds more than one million copyrights. Thomas H. Lee Partners owns more than 35% of WMG, which in 2006 rejected a $4.2 billion takeover bid from its larger rival EMI Group. On the flipside, EMI rejected a $4.2 billion offer from WMG in 2007.
    Edgar J. Bronfman, Jr.
    CEO
    75 Rockefeller Plaza

    New York, NY 10019

    http://www.wmg.com

    Phone: 212-275-2000

    Fax: 212-757-3985
    Sector: Services Industry: Leisure
  • 2007 Sales 2007 Sales Growth 2007 Net Income 2007 Employees
    $3,385,000,000 -3.7% $-21,000,000 3,800
  • Key Executives: WMG

    Name Title Officer Since
    Edgar J. Bronfman, Jr. CEO 3/1/04
    Michael D. Fleisher CFO -
    Paul M. Robinson General Counsel -
    Michele J. Hooper Director 3/2/06
    Ian Loring Director 3/4/04
    Seth W. Lawry Director 3/4/04
    Phyllis E. Grann Director 7/26/06
    Shelby W. Bonnie Director 11/4/05
  • Top Competitors: WMG

  • Insider Trends: WMG

    Sentiment for WMG is NEGATIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: WMG

    Date Name Shares Transaction Type Market Value
    05/12/08 ZUBILLAGA ALEJANDRO 248,168 Planned Sale $2.00 M
    05/12/08 ZUBILLAGA ALEJANDRO 248,168 Sale $1.99 M
    03/14/08 COHEN LYOR 1.75 M Award of Stock Options $9.26 M
  • Ownership Breakdown : WMG

    Large Block Holder Type Number  
    Institutions 120.00
     
    Mutual Fund 162.00
    Other Major 11.00
  • Short Interest Volume: WMG

    Data as of 6/25/08
    Current Short Interest Shares 301.99 M
    Current Short Interest Ratio 11.90
    Float 142.66 M
    Short Interest as % of Float 4.10
    Average Daily Volume 629,000.00
    Outstanding Shares 154.05 M