WMG delivers Tempo Music Investment's rights to catalogs from Wiz Khalifa, Florida Georgia Line, Brett James and others to Warner Chappell.
"We’ve not just helped our artists and songwriters do new, brave, and disruptive things, we’ve held ourselves to the same standard," Kyncl says in a year-end note to staff.
Several companies now make premium records, to sell at premium prices. Are fans ready?
Digital and streaming revenues drive overall revenue growth.
The distributor Africori will work alongside Warner Music Africa and Warner Music France on a new venture.
The EMI Records Japan veteran replaces Kaz Kobayashi in the role.
Also this week: New West Records goes on a promotion spree, Sony Music Publishing hires a new vp of creative and Armada Music appoints a head of catalog.
Twenty-three years and 11 studio albums later, Shelton has left Warner. "We count ourselves amongst his biggest fans and are grateful for the ride with this true gentleman and icon.”
Hits from Teddy Swims, Benson Boone and Megan Thee Stallion help drive 11% growth in recorded music streaming revenue.
The decision clears a path for a consortium led by founder Denis Ladegaillerie to take the French company private.
