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Introduction

WMG's latest financial results suggest that the company has outperformed the global recorded-music and publishing industry.

Highlights

  • WMG has reported financial details for the first quarter of its 2017 financial year.
  • The company’s recorded-music and music publishing divisions registered strong growth, with increased earnings from digital sources again boosting the two sectors’ results.
  • Streaming played a major part in the company’s performance, and taking the four calendar quarters of last year together, earnings from access services topped $1bn.

Features and Benefits

  • Details financial results for WMG for the final three months of 2016.
  • Assesses the different revenue streams and evaluates which sector registered the best results.

Key questions answered

  • What share of recorded-music income for WMG is generated by streaming?
  • Is streaming having the same positive effect on Warner Chappell's overall revenue?

Table of contents

Ovum view

  • Summary
  • Positive start to the new financial year for WMG
  • Recorded-music results
  • Music publishing results

Appendix

  • Author

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