Kyncl spoke at the Code Conference on Tuesday, saying, "You have to embrace technology, because it's not like you can put technology in a bottle."
WMG christens a new German office -- a "sign of our commitment to local players in the creative and cultural scene."
CEO Robert Kyncl outlined a new policy to take effect later this year designed to increase collaboration and enhance relationships across the company.
Recorded music revenue rose nearly 8%, thanks to a strong slate of releases led by Ed Sheeran, Linkin Park and Melanie Martinez.
Also this week: Joe Cocker's estate partners with Iconic Artists, Warner launches a music accelerator program with Polygon Labs and more.
Two years after being named president, Kreidich looks back at how ADA has been reorganized -- and how she's helped set it on a course for the future.
Trapp is also the CEO of specialty retailer EMP, acquired by WMG in 2018.
Executives say a soft release schedule dampened revenue growth in the last two quarters. Data suggests the next two quarters will be better.
The third-largest label marked the second straight quarter of lackluster results for its recorded music division, with revenue roughly flat over the year-ago period.
During the company's earnings call on Tuesday, the CEO also said the company will "ensure that protection of intellectual property is high on the agenda."
