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 ...

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Yesterday (July 1), Warner Music Group and private investment giant Bain Capital unveiled their plans for a $1.2 billion ...

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

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 ...

"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 ...

Warner Music Group Corp. announced a $300 million cost-savings drive, part of an effort to free up funds for growth initiatives, including a just-announced joint venture to acquired music catalogs.

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

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