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The company owns and operates some of the largest and most successful labels in the world, including Elektra Records, Reprise Records, Warner Records, Parlophone Records (previously owned by EMI), and Atlantic Records. WMG also owns Warner Chappell Music, one of the world's largest music publishers.
May 16, 2023 · What we’ve learned: the largest minority shareholder in Warner Music Group is Boston-headquartered Fidelity Investments. The financial services firm reported in a February 2023 filing that it controlled 17.18 million ‘Class A’ shares in WMG.
- Daniel Tencer
Warner Music Group is owned by institutional shareholders (26.92%), insiders (6.40%), and public (66.68%). The largest institutional shareholder of Warner Music Group is CAPITAL WORLD INVESTORS (2.56% of total shares) and the top mutual fund owner is FRANKLIN STRATEGIC SERIES (1.43% of total shares).
Private Acquisition. In 2004, Warner Music Group was acquired by a group of investors led by Edgar Bronfman Jr. for approximately $2.6 billion. This acquisition marked a significant transition to private ownership. Subsequent IPO and Growth Strategies.
See the company profile for Warner Music Group Corp. (WMG) including business summary, industry/sector information, number of employees, business summary, corporate governance, key...
Warner Music Group (NASDAQ: WMG) is owned by 26.92% institutional shareholders, 2.20% Warner Music Group insiders, and 70.88% retail investors. Stephen Forbes Cooper is the largest individual Warner Music Group shareholder, owning 6.92M shares representing 1.34% of the company.
In May 2011, Warner Music Group was sold again, this time for $3.3bn, to its current owner Access Industries, controlled by billionaire Len Blavatnik. In July 2013, WMG completed the £487m acquisition of Parlophone Label Group from Universal Music Group, following the latter’s buyout of EMI Music.