WMG: WARNER MUSIC GROUP CORP Profile

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WARNER MUSIC GROUP CORP

WMG

Stock price

8.59 0.46 5.66%

as of 04:02 PM EDT on 07/23/2008 in USD (NYSE Delay: 20 mins.)
Extended Hours

8.6061 0.0161 0.19%

as of 04:16 PM EDT on 07/23/08

Analyst Consensus

Hold
Analyst Consensus

Strong Buy

Buy

Hold

Sell

Strong Sell
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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

View All Key Executives

Michele J. Hooper has served as our director since March 2, 2006. Ms. Hooper is a co-founder and Managing Partner of The Director's Council, a position she has held since 2003. Previously, Ms Hooper served as President and Chief Executive Officer of Voyager Expanded Learning, a developer and provider of learning programs and teacher training for public schools, from 1999 until 2000. Prior to that, she was President and Chief Executive Officer of... View Full Profile

Michele J. Hooper

Ian Loring has served as our director since March 4, 2004. He is a Managing Director of Bain Capital Partners, LLC. Prior to joining Bain Capital in 1996, Mr. Loring was a Vice President at Berkshire Partners where he worked in the technology and telecommunication industries. Previously, Mr. Loring worked in the Corporate Finance department at Drexel Burnham Lambert. He serves as a director of Cumulus Media Partners and serves on the supervisory... View Full Profile

Ian Loring

Seth W. Lawry has served as our director since March 4, 2004. He is a Managing Director at Thomas H. Lee Partners, L.P. He is a director of various private and non-profit institutions. Mr. Lawry worked at Thomas H. Lee Company from 1989 to 1990, rejoining in 1994. From 1987 to 1989 and 1992 to 1994, Mr. Lawry worked at Morgan Stanley & Co. Incorporated in the Mergers & Acquisitions, Corporate Finance, and Equity Capital Markets departments. Mr.... View Full Profile

Seth W. Lawry

Phyllis E. Grann has served as our director since July 26, 2006. Since 2002, Ms. Grann has been a senior editor at Doubleday, a division of Random House, Inc. From 1996 to 2001, Ms. Grann was the Chief Executive Officer and President of Penguin Putnam, Inc., the U.S. affiliate of The Penguin Group. Before Penguin USA and Putnam Berkley merged in November of 1996, Ms. Grann had been Chairman and Chief Executive Officer of The Putnam Berkley Group.... View Full Profile

Phyllis E. Grann

Shelby W. Bonnie has served as our director since November 4, 2005. Mr. Bonnie is the CEO of Digital Commons LLC, a position he has held since June 2007. Previously, Mr. Bonnie was a co-founder of CNET Networks and was at CNET Networks as both an executive and member of the board of directors from 1993 to 2006. He served as a director of CNET Networks until March 2007, served as Chief Executive Officer of CNET Networks from March 2000 to October... View Full Profile

Shelby W. Bonnie

Mark Nunnelly has served as our director since March 4, 2004. He joined Bain Capital Partners, LLC in 1990 as a Managing Director. Prior to joining Bain Capital, Mr. Nunnelly was a Vice President of Bain & Company, with experience in its domestic, Asian and European strategy practices. Previously, Mr. Nunnelly worked at Procter & Gamble in product management. He serves as a director of Domino's Pizza, Dunkin Brands, OSI Restaurant Partners and... View Full Profile

Mark Nunnelly

Michael D. Fleisher has served as our Executive Vice President and Chief Financial Officer since January 1, 2005. Prior to joining Warner Music Group, Mr. Fleisher was Chairman and Chief Executive Officer of Gartner, Inc. Mr. Fleisher joined Gartner in 1993 and served in several roles including Chief Financial Officer prior to being named CEO in 1999. Previous to Gartner, he was at Bain Capital. Mr. Fleisher holds a bachelor's degree from the... View Full Profile

Michael D. Fleisher

Edgar Bronfman, Jr. has served as our Chairman of the Board and CEO since March 1, 2004. Before joining Warner Music Group, Mr. Bronfman served as Chairman and CEO of Lexa Partners LLC, which he founded, from April 2002. Prior to Lexa Partners, Mr. Bronfman was appointed Executive Vice Chairman of Vivendi Universal in December 2000. He resigned from his position as an executive officer of Vivendi Universal on December 6, 2001, resigned as an... View Full Profile

Edgar J. Bronfman, Jr.

Thomas H. Lee has served as our director since March 4, 2004. He is Chairman and CEO of Thomas H. Lee Capital, LLC, Thomas H. Lee Capital Management, LLC and Lee Equity Partners, LLC. Thomas H. Lee Capital Management, LLC manages over $2.3 billion in the Blue Star I, LLC group of fund of hedge funds. Lee Equity Partners, LLC is engaged in the private equity business in New York City. In 1974, Mr. Lee founded the Thomas H. Lee Company, the... View Full Profile

Thomas H. Lee

Scott L. Jaeckel has served as our director since March 4, 2004. He is a Managing Director at Thomas H. Lee Partners, L.P. Mr. Jaeckel worked at Thomas H. Lee Company from 1994 to 1996, rejoining in 1998. From 1992 to 1994, Mr. Jaeckel worked at Morgan Stanley & Co. Incorporated in the Corporate Finance Department. He currently serves as a director of Ceridian Corporation, Paramax Capital Group, Fidelity Sedgwick Holdings, Inc. and other private... View Full Profile

Scott L. Jaeckel

John P. Connaughton has served as our director since March 4, 2004. He has been a Managing Director of Bain Capital Partners, LLC since 1997 and a member of the firm since 1989. Prior to joining Bain Capital, Mr. Connaughton was a strategy consultant at Bain & Company, Inc., where he advised Fortune 500 companies. He currently serves as a director of AMC Theatres, Cumulus Media Partners, Sungard Data Systems, Hospital Corporation of America, M/C... View Full Profile

John P. Connaughton

Richard J. Bressler has served as our director since May 10, 2005. Mr. Bressler is a Managing Director of Thomas H. Lee Partners, L.P. Prior to joining Thomas H. Lee Partners, L.P. in 2006, Mr. Bressler was employed by Viacom, Inc. from May 2001 through 2005 as the Senior Executive Vice President and Chief Financial Officer with responsibility for managing all strategic, financial, business development and technology functions. Prior to that, Mr.... View Full Profile

Richard J. Bressler

Jonathan M. Nelson has served as our director since March 4, 2004. He is the Chief Executive Officer and founder of Providence Equity Partners, Inc. Mr. Nelson is a director of Bresnan Broadband Holdings, LLC, Hulu, Metro Goldwyn Mayer, Univision Communications, Inc. and Yankees Entertainment and Sports Network, Inc. He is also a member of the Sony Corporation Advisory Board. Mr. Nelson has also served as a director of the following public... View Full Profile

Jonathan M. Nelson

Scott M. Sperling has served as our director since March 4, 2004. He is a Co-President at Thomas H. Lee Partners, L.P. Mr. Sperling is also President of THLee Putnam Capital, a joint venture with Putnam Investments, one of the largest global investment management firms. Mr. Sperling is currently a director of Thermo Fisher Scientific, Inc., ProSiebenSat.1 Media AG, Vertis, Inc., Univision Communications, Inc. and several private companies. Prior... View Full Profile

Scott M. Sperling

Nash has served as WMG's Senior Vice President, Digital Strategy and Business Development since February 1, 2000. Nash has been labeled a "visionary" by The Atlantic Monthly, and since joining WMG in 2000, has overseen WMG's new media projects, strategic relationships and business development activities. Nash has also played a key role in building WMG's distribution footprint and partnership portfolio, including important initiatives with AT&T,... View Full Profile

Michael Nash

Lyor Cohen has served as the Chairman and CEO of our U.S. Recorded Music operations since March 1, 2004. From 2002 to 2004, Mr. Cohen was the Chairman and CEO of Universal Music Group's Island Def Jam Music Group. Mr. Cohen served as President of Def Jam from 1988 to 2002. Previously, Mr. Cohen served in various capacities at Rush Management, a hip-hop management company, which he founded with partner Russell Simmons. Mr. Cohen is widely credited... View Full Profile

Lyor Cohen

Paul-René Albertini has served as President of Warner Music International since 2002 and currently leads Warner Music International, our international division, as Chairman and CEO. From December 2000 until 2002, Mr. Albertini served as President of Warner Music Europe. He joined Warner Music International from Sony Music Entertainment Europe where he held the post of Executive Vice President from 1999. Prior to that he served as President and... View Full Profile

Paul-René Albertini

David H. Johnson has served as the CEO of Warner/Chappell Music since December 2006. He was previously Warner Music Group's Acting CEO of Warner/Chappell Music since January 2006 and Executive Vice President and General Counsel since 1999. Prior to joining Warner Music Group, Mr. Johnson spent nine years as Senior Vice President and General Counsel for Sony Music Entertainment. He also held several posts at CBS and was an associate in the law... View Full Profile

David H. Johnson

Richard Blackstone has served as Chairman and CEO of Warner/Chappell Music, Inc. since May 28, 2005. Prior to joining Warner Music Group, Mr. Blackstone was the president of Zomba Music Publishing. Mr. Blackstone joined Zomba in 1989 as Director of Business Affairs, and was later promoted to the dual role of Head of Creative and Head of Business Affairs. Following the purchase of Zomba by BMG Music in 2002 he was named President of Zomba Music... View Full Profile

Richard Blackstone

Caroline Stockdale has served as Executive Vice President, Global Human Resources since August 2005. Prior to joining Warner Music Group, Ms. Stockdale was Senior Vice President, Relationship Leader Human Resources, at American Express Financial Advisors/Global Financial Services since 2002. Before joining American Express Financial Advisors in 2002, Ms. Stockdale held a variety of human resources leadership positions at General Electric (GE)... View Full Profile

Caroline Stockdale

Caroline Stockdale has served as Executive Vice President, Global Human Resources since August 2005. Prior to joining Warner Music Group, Ms. Stockdale was Senior Vice President, Relationship Leader Human Resources, at American Express Financial Advisors/Global Financial Services since 2002. Before joining American Express Financial Advisors in 2002, Ms. Stockdale held a variety of human resources leadership positions at General Electric (GE)... View Full Profile

Alejandro Zubillaga

Patrick Vien has served as Chairman and CEO of Warner Music International since February 13, 2006. Prior to joining Warner Music Group, Mr. Vien was the President of NBC Universal's Global Networks Division. Before joining NBC Universal, Mr. Vien was President of Universal's Television Network Enterprises. Prior to this position at Universal, Mr. Vien was President and COO of North American Television (NATV). Mr. Vien earned a master's degree in... View Full Profile

Patrick Vien

Paul M. Robinson has served as our Executive Vice President and General Counsel since December 2006. Mr. Robinson joined Warner Music Group's legal department in 1995. From 1995 to December 2006, Mr. Robinson held various positions with Warner Music Group, including Acting General Counsel and Senior Vice President, Deputy General Counsel. Before joining Warner Music Group, Mr. Robinson was a partner in the New York City law firm Mayer, Katz,... View Full Profile

Paul M. Robinson

Top Competitors: WMG

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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
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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

View All Insider Activity

Ownership Breakdown : WMG

Large Block Holder Type	Number
Institutions	120.00
Mutual Fund	162.00
Other Major	11.00

Full Details

Indices : WMG

Symbol	Name	Last Trade	Change
$RUI.X	Russell 1000 Index	—	——%

View all Indices that include WMG

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

Full Details

SEC Filings: WMG

Accepted Date	Description
06/02/2008	SEC Filing: New Insider Report
05/16/2008	SEC Filing: Insider Buy/Sell
05/16/2008	SEC Filing: Insider Buy/Sell

View all SEC Filings

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WARNER MUSIC GROUP CORP

WMG

Stock price

8.59 0.46 5.66%

as of 04:02 PM EDT on 07/23/2008 in USD (NYSE Delay: 20 mins.)
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- Strong Sell
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WARNER MUSIC GROUP CORP

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WARNER MUSIC GROUP CORP Profile

Key Executives: WMG

Top Competitors: WMG

Insider Trends: WMG

Insider Transactions: WMG

Ownership Breakdown : WMG

Indices : WMG

Short Interest Volume: WMG

SEC Filings: WMG

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