Warner Music Group Corp. (WMG)
Communication Services ยท Services-Amusement & Recreation Services
Warner Music Group Corp. (WMG) is listed on Nasdaq, where its shares have traded since June 3, 2020. SentiSense covers Warner Music Group Corp. in the Communication Services sector, and its Standard Industrial Classification is Services-Amusement & Recreation Services. Robert Kyncl is its chief executive officer. The company reports 5,500 employees, and its corporate website is www.wmg.com.
About Warner Music Group Corp.
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
Latest reported results
Warner Music Group Corp. reported revenue of $1.86 billion for Q3 FY2026, up 10.4% from the same period a year earlier.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 327 institutions reported holding WMG, with 158.3 million shares worth $4.3 billion in aggregate. The largest reported holders were Vanguard, Independent Franchise Partners and Darsana Capital Partners.
More on WMG
- WMG sentiment: whether news and social coverage of Warner Music Group Corp. leans bullish or bearish, and the stories driving it.
- WMG ownership: all 327 reporting institutions, plus insider and congressional trades.
- WMG financials: revenue, net income, operating margin and free cash flow through Q3 FY2026.
Frequently asked questions
What does Warner Music Group Corp. do?
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records.
What sector is WMG in?
SentiSense classifies Warner Music Group Corp. in the Communication Services sector, and its Standard Industrial Classification is Services-Amusement & Recreation Services.
Where does WMG stock trade?
Warner Music Group Corp. (WMG) is listed on Nasdaq, where its shares have traded since June 3, 2020.