Warner Music just sold all their Spotify stock to give to artists

Can big record labels still have a conscience and do good? Warner Music Group may have just proved that with a big move for artists and labels. Warner Music Group have just sold all of…

Warner Music work with Mixcloud to monetise online indie radio

British radio streamers Mixcloud have signed a massive deal with Warner that will license Warner Music Group music for use on their radio shows. Mixcloud and Warner Music Group have signed a deal that enters…

Spinnin’ Records go major, the independent label gets bought for over $100m

Massive Dutch dance label Spinnin’ Records has been bought in a giant $100m+ deal by major label Warner Music Group. After a bunch of giant companies reportedly fought over Spinnin’ Records massively successful label for…

Famed music exec Lyor Cohen joins YouTube to strengthen artist relationships

Label giant and industry veteran Lyor Cohen has joined YouTube to improve artist relationships amidst tension between YouTube and the majority of the music industry. Cohen joins the Google-owned video hosting site as global head…

After a 7 year standoff Warner Music signs a deal with Vevo

Warner Music have made a deal with Vevo after steering clear of the music video platform set up by the 2 other major labels Sony and Universal 7 years ago. Vevo was set up 7…

Warner Music partner with Vadio music video platform

Following rumours that Warner Music are closing a deal with Vevo they’ve agreed a partnership with another music video service – Vadio. Vadio announced on Wednesday that they’ve signed a content agreement with Warner Music…

Warner Music Group Buy Startup Company Playlists.net

“Playlists.net is a resource for Spotify users to share and explore Spotify Playlists. The site is a free resource for music fans the world over.” 150k playlists and one million unique monthly visitors Playlists.net has…

Major Record Labels Continue to Lose Money

Great post over at Digital Music News outlines Warner Music Groups Financials from 2002-2012. Warner Music Group financial profits/losses, fiscal years 2002-2012 (as reported to the SEC). 2012: ―$190 million. 2011: ―$206 million. 2010: ―$143…

Warner Music Group Looking for a Buyer

Warner Music Group are preparing for a sale. It has been reported that Warner has hired Goldman Sachs to seek out buyers.

Warner Music Financials and Views on iTunes

Warner Music Group have announced their numbers for the first quarter of 2010. Warner Music Group cut its loss to $25 million compared to $68 million a year ago. Recorded music sales were down 5.5%…