Net News search results for: parlophone
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February 24, 2014
WBR/Parlophone-Australia Bolsters Staff
WARNER BROS. RECORDS and PARLOPHONE Managing Dir. MARK POSTON has filled out the executive lineup for the two Australian labels, THEMUSIC.COM reports. SIMON CAHILL will be Head Of Marketing & Brand Development for both labels, starting MARCH 24th. … more »
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February 6, 2014
WMG Revenues Up 7% For Q1
WARNER MUSIC GROUP has announced its first-quarter financial results for the period ended DECEMBER 31st, 2013. The highlights: Revenue grew 7% on a constant-currency basis Digital Recorded Music revenue increased 9% on a constant-currency basis Adjusted … more »
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December 12, 2013
Warner Music Group Fourth Quarter Revenues Boosted By Parlophone Acquisition
WARNER MUSIC GROUP fiscal fourth quarter revenue grew 4.5% (7.3% in constant currency) to $764 million, driven in part by the acquisition of PARLOPHONE LABEL GROUP. Without the PARLOPHONE revenue, revenue fell 3.6% (1.0% in constant currency), with … more »
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September 30, 2013
Christian Tattersfield To Step Down As CEO Of Warner Music UK In Feb 2014; Max Lousada To Assume Role Following Tattersfield
WARNER MUSIC GROUP CEO U.K. CHRISTIAN TATTERSFIELD has decided to step down from his role as CEO in FEBRUARY 2014. MAX LOUSADA will assume the position of CEO. LOUSADA and TATTERSFIELD WILL be Co-CEO’s of the U.K. company until TATTERSFIELD's … more »
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August 29, 2013
Vivendi Revs Down 1.5%, But UMG Grows 16.3% With Acquisition Of EMI
VIVENDI, the parent company of UNIVERSAL MUSIC GROUP, has released its first half year 2013 financial results. The highlights: * Revenues: eu10.842 billion for the four companies in the perimeter, down 1.5% compared to first half 2012 * EBITA: eu.391 … more »
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August 8, 2013
Warner Music Group Reports Recorded Music Revs Up 3.3%
WARNER MUSIC GROUP has released its fiscal second quarter financial results for the period ended JUNE 30th, 2013. The highlights: * Total digital revenue grows by 11.7% * Recorded Music revenue up 3.3% * OIBDA and OIBDA margin improve * PARLOPHONE LABEL … more »
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July 1, 2013
Warner Music Group Completes Acquisition Of Parlophone Label Group
WARNER MUSIC GROUP has completed its acquisition of PARLOPHONE LABEL GROUP from UNIVERSAL MUSIC GROUP. The deal was first announced in FEBRUARY (NET NEWS 2/7). In addition to the historic PARLOPHONE label, PLG includes the CHRYSALIS/ENSIGN labels in the … more »
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June 14, 2013
WMG Promotes Stu Bergen To Pres./International, Warner Recorded Music
WARNER MUSIC GROUP has upped STU BERGEN to Pres./International for WARNER RECORDED MUSIC. BERGEN will add responsibility for WMG’s recorded music business across ASIA PACIFIC and LATIN AMERICA to the territories he currently oversees, CANADA and … more »
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May 15, 2013
EU Approves WMG Acquisition Of Parlophone
In FEBRUARY (NET NEWS 2/7), WARNER MUSIC GROUP signed a definitive agreement to acquire the PARLOPHONE LABEL GROUP from UNIVERSAL MUSIC GROUP, for £487 million (around $765 million) in an all-cash transaction. Now, THE WALL STREET JOURNAL reports, … more »
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May 6, 2013
WMG Gets A Lower Rate On A $820 Million Loan
WARNER MUSIC GROUP has made a financial move, and lowered the rate on an existing $820 million loan to support its acquisition of PARLOPHONE LABEL GROUP, and is looking to lower borrowing costs on an existing $492 million of debt. BLOOMBERG reports, … more »