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 ...

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

From more music-focused competition series to streaming service updates, here are three things rocking the music business world.

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 boss Robert Kyncl yesterday wrote to the major’s employees to announce a plan to cut the company’s annual costs ...

It was quite the day yesterday for staff at Warner Music Group. At 9am ET, the company announced a joint venture with Bain ...

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

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 Corp. announced a $300 million cost-savings drive, part of an effort to free up funds for growth ...

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

Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's unclear how many employees will be impacted by the layoffs.