WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's ...

"Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make ...

Warner Music Group and Bain Capital are launching a joint venture to allow for the purchase of up to $1.2 billion in music ...

The entertainment and record-label conglomerate’s restructuring plan aims to lower costs by $300 million a year.

“There is no immediate impact to the team in Australia and New Zealand,” reads a WMG statement, issued to TMN. “We remain ...

Warner Music will reduce annual costs by around $300 million to reinvest in the business: $170 million through headcount ...

Warner Music Group has confirmed plans to cut the company’s annual costs by around $300 million. The major label’s CEO, Robert Kyncl, described the plans as the “remaining steps in our plan to help ...

Warner Music Group plans to cut annual costs by $300 million through a combination of layoffs and reducing administration and real estate expenses ...

Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual ...

The joint venture was formally established on June 29, 2025, through agreements between a WMG subsidiary called WMG BC Holdco and a Bain Capital subsidiary called BCSS W JV Invest ...

Warner Music Group, which has top artists like Ed Sheeran and Dua Lipa in its stable, has unveiled a multiyear licensing deal with TikTok to boost its social media platforms revenues. The world ...