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Warner Music Group Revenue Slips 1% On Lower Recorded Music Sales, Currency Losses
Warner Music Group's fiscal Q2 2025 earnings showed that revenue was down 1% and net income (profits) was down almost 63% for the start of the year.
Robert Kyncl at the Billboard Power 100 Event held at NeueHouse Hollywood on January 31, 2024 in Los Angeles, California. Songs performed by WMG artists like Mars, Billie Eilish, Benson Boone and Teddy Swims currently claim half of the spots atop Billboard’s Global 200 chart. “As we replicate our strategy across other labels and geographies, and drive a virtuous cycle of greater reinvestment, we expect to deliver lasting value for artists and songwriters, and sustained growth and profitability for shareholders.”
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