Net News search results for: warner music group ceo stephen cooper
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May 15, 2012
Warner Music Group Reports Total Revenues Off 8% For Q2, Recorded Music Down 9%
WARNER MUSIC GROUP has reported its fiscal Q2 results for the period ended MARCH 31, 2012. WMG reported total revenues off 8% to $628 million, from $684 million a year ago. Digital revenue rose 7%, from $220 million to $235 million. The company wrote, … more »
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May 7, 2012
Report: Smaller Labels Less Threatened By UMG-EMI Merger Than Majors
On FRIDAY (NET NEWS 4/27), ALL ACCESS reported opponents of the UNIVERSAL MUSIC GROUP's $1.9 billion bid for EMI's record labels are asking the Senate Judiciary subcommittee on antitrust issues to examine the deal, raising the possibility of Senate … more »
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February 10, 2012
New WMG CEO Confirms Company's Opposition To UMG Purchase Of EMI
On an earnings call with analysts, WARNER MUSIC CEO STEPHEN COOPER confirmed that his company will oppose UNIVERSAL MUSIC GROUP’s bid to buy EMI. CMU DAILY reports, "The newish WARNER chief, put in place last year by newish owner ACCESS … more »
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February 9, 2012
WMG Q1 Revenues Up Slightly
WARNER MUSIC GROUP has announced its fiscal first-quarter financial results for the period ended DECEMBER 31st, 2011. Overall revenues were up slightly, from $778 million in the same quarter in 2010 to $779 million now. Digital revenue showed some … more »
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December 8, 2011
Light Release Schedule, Digital Transition Lead To Q4 Revenue Slip At Warner Music Group
Revenue fell 6% in fiscal 2011 fourth quarter for WARNER MUSIC GROUP, dropping to $707 million, but digital revenue rose 7% to $210 million (representing 29.7% of total revenue, up from 26.2% in the same quarter of 2010), resulting in adjusted operating … more »
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August 19, 2011
Warner Music Group's Board Elects Edgar Bronfman, Jr. Chairman, Stephen F. Cooper CEO
WARNER MUSIC GROUP TODAY (8/19) announced that EDGAR BRONFMAN, JR., who had been serving as the company's CEO, has been appointed to the position of Chairman of the company's Board of Directors and STEPHEN F. COOPER, who had been serving as Chairman, has … more »
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July 26, 2011
New WMG Ownership Reportedly Looking To Trim Overseas Workforce
THE NEW YORK POST reports new WARNER MUSIC GROUP owner LEN BLAVATNIK's ACCESS INDUSTRIES, "is looking to cut about 2 to 5% of the 3,800-person global workforces." Any layoffs, if they happen, would seem to affect back-office personnel, as the … more »