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Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's ...
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 boss Robert Kyncl yesterday wrote to the major’s employees to announce a plan to cut the company’s annual costs ...
Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual ...
Warner Music will reduce annual costs by around $300 million to reinvest in the business: $170 million through headcount ...
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 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 ...
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 ...
CEO Robert Kyncl acknowledged that “our results…reflect a lighter release schedule, market share pressure in China and a tough year-over-year comparison in subscription streaming.” Is now the time to ...
In fact, it will be here in just a few years. In a speech at the Consumer Electronics Show, YouTube chief business officer Robert Kyncl predicted that viewing patterns will shift dramatically.