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Introduction

Streaming sales and artist service income are the big positives for WMG in the firm's latest results.

Highlights

  • Both WMG’s US and international operations registered a rise in revenue in the quarter and full year, but international publishing revenue suffered a dip in both periods.

Features and Benefits

  • Details the financial results for the final quarter and full year of WMG's 2019 financial year.
  • Examines the performance of the recorded-music and music-publishing divisions.

Key questions answered

  • What share of recorded music income for WMG was generated by music streaming?
  • Which of WMG's two industry sectors (recorded and publishing) had better three- and 12-month periods?

Table of contents

Ovum view

  • Summary
  • WMG reports a positive year for revenue and profits
  • Contrasting performance for recorded music and publishing

Appendix

  • Author

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