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Meanwhile, Roblox has filed for a $1 billion IPO, and Universal Music Group (UMG) is preparing to go public sometime in 2022, according to its Vivendi parent company. }, seven  +  five  =  .hide-if-no-js { This was a 13.1% increase from the US$1.04 billion tallied in the first half of fiscal 2019. Meet the Artist Who Is Literally Saving His Fans’ Lives — Our Latest Podcast, How to Game the Billboard Charts (And Why You Shouldn’t) — Our Latest Podcast, Stop Chasing Playlists and Start Building a Music Career — Our Latest Podcast, ‘Bone Conduction’ Headphones Don’t Go Over Your Ears — But Still Transmit Sound to Your Inner Cochlea. Overseeing WMG’s recorded music operations outside the US and UK, he will be based in London and report to Max Lousada, Global CEO of Recorded Music, Warner Music Group. As a company returning to the public markets, investors have plenty to … BTS label Big Hit cashed in on a massive IPO last year, and Believe Digital is reportedly considering a $2.4 billion stock-market listing of its own. 1 hit song in 1957 for Dot Records, a division of rival Paramount Pictures. He previously served as Vice-Chairman of Metro-Goldwyn-Mayer and was also CEO of Hawaiian Telcom. And after largely holding this price through November (save for a dip towards the month’s start), WMG neared $40 per share in December before leveling out at the aforementioned current price of roughly $35 per share. CEO Warner Music Group Stephen F. Cooper is Chief Executive Officer of Warner Music Group, which he joined in 2011 upon the company’s acquisition by Access Industries. display: none !important; Chairman & CEO: Bernd DoppCOO & CFO: Andreas KlöpfelGeneral Counsel: Jörg GlaunerSenior Director Human Resources: Angélique Thranberend (In Elternzeitvertretung von Katharina Geiger)Company Spokesperson: Lena Christin WulfmeyerManaging Director Media & Brands: Doreen SchimkSenior Director Brand Partnership & Licensing: Bettina DornDirector Public Relations: Jana Warner Music Nashville has announced Vice President of Finance Danny Bess has been promoted to the role of CFO. Our Latest Podcast: Latin America Has 640 Million People. Moreover, the former Metro-Goldwyn-Mayer executive Cooper, who will celebrate his 10th anniversary as Warner Music Group CEO later this year, cashed out of 557,000 WMG shares on December 8th, in what was a $17.3 million transaction. Warner Music Group Corp. priced its 77-million-share IPO at $25 per share, and the stock opened higher Wednesday at $27. How Much Do Major Label Artists Earn From a $9.99 Spotify Subscription. display: none !important; James Steven – Executive Vice President and Chief Communications Officer Steve received a B.A. Warner Music Group has promoted executive Andy Ma to a new role as CEO for Greater China, the company has announced. Warner Music Group has named Max Lousada CEO … Investing In Music Catalogs? Portugal The Man Launches a Crypto Token, Department of Justice Refuses to Change 80-Year-Old ASCAP, BMI Consent Decrees, Latest Music Industry Gigs: Asylum Records, Warner Chappell, Sony/ATV, More, Native Instruments Sold Again — Majority Stake Purchased by Francisco Partners, “Cars” Singer Gary Numan: ‘I Got £37 From a Million Streams’. Harlow succeeds Lousada, who has been Chairman & CEO of WMUK since 2013, having retained the position when he assumed his global role two years ago. Warner Chappell Music, the global music publishing company of WMG, is home to an extraordinary catalog that includes timeless standards and contemporary hits, representing works by over 65,000 songwriters and composers, with a collection of more than one million copyrights. This week's guest is Global Vice President of A&R for all of Warner Music Group's labels, including Atlantic Records and Warner Bros. Records. WMG isn’t alone. August 4, 2020 8:30 AM ET. Calculating based upon Warner Music’s per-share value at the end of today’s trading hours ($34.97), the nearly 190,000-share “long-term incentive plan” windfall is worth approximately $6.64 million. Warner Music Group CEO of Recorded Music Max Lousada, Bebe Rexha, and CEO and co-chairman of Warner Bros. Records Aaron Bay-Schuck attend the Warner Music Pre-Grammy Party at the NoMad Hotel on... Get premium, high resolution news photos at Getty Images Separately, Tencent doubled its 10 percent stake in Universal Music last month, for an additional $3.68 billion or so. }, 1  +  two  =  .hide-if-no-js { Executive Vice President and General Counsel Warner Music Group Oana Ruxandra Chief Digital Officer & EVP of Business Development Warner Music Group This is Warner Music Group's Official Store featuring the largest selection of Warner Music Group music and hand-picked merch. Ma has been with Warner Music since 2011, most recently as CEO of Warner Music C… Why Are Fewer Than 5% of Them Paying for Streaming? Those paying tribute to Bergen today included Max Lousada, global CEO of Recorded Music at Warner, who – in an internal WMG note obtained by MBW – called Bergen a “versatile exec, known for his frankness and integrity, he’s just as comfortable in the boardroom advocating for an acquisition as he is flying halfway around the world to meet backstage with an artist”. For the six month period ending March 31, music streaming made up 59% of Warner Music Group’s global revenue, or US$1.175 billion.. Warner Chappell also includes Warner Chappell Production Music. Max Lousada, Warner Music Group’s (WMG) CEO of Recorded Music, today announced that Tony Harlow has been named CEO of Warner Music UK (WMUK), starting in February 2020. Cooper has held several important positions with various companies throughout his career. The companies are to combine their music business in a … }. TJ Martell Foundation. CEO Stephen Cooper says its artists will get a cut if it cashes out. In order to prevent any repetition of its actors recording for rival companies, and to also capitalize on the music business, Warner Bros. Records was created in 1958. In 1963, Warner purchased Reprise Records, which had been founded by Frank Sinatrathree years earlier so that he could have more creative control over hi… Back in June, after nine years of wholly private ownership, Warner Music Group rolled out 2020’s biggest IPO. Your email address will not be published. About one week before the WMG head Cooper received his 189,856-share stock grant, other Warner Music higher-ups benefited from smaller – albeit substantial – compensation packages. Dylan Smith is a writer and music fan who enjoys reading and watching sports in his spare time. The Chinese conglomerate also owns about nine percent of Spotify, and today, its Tencent Music subsidiary briefly touched a new all-time-high per-share stock price of $22.48. He is a member of the Supervisory Board for LyondellBasell Industries N.V., one of the world’s largest olefins, polyolefins, chemicals and refining companies. Warner Music Group CEO and key executive team Warner Music Group's Executive Vice President & Chief People Officer is Maria Osherova. Simon Robson has been named President, International, Recorded Music at Warner Music Group, taking up a central leadership role at the company. Of this total $1,000,000 was received as a salary, $7,075,000 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $2,013,264 came from other types of compensation. }, Digital Music News ©2018 All Rights Reserved, Software Engineer (WW) – Rights Management & Publishing, It Took Years for These Music Industry Experts to Learn These Monetization Pro-Tips, What I’ve Learned About Live Streaming — 3 Musicians Share Their Hard-Learned Lessons, How to Make It In the Music Industry — Two Behind-the-Scenes Professionals Break It Down, Music in Advertising: Here’s How Industry Pros Select Songs for Placement, Sync Licensing: It’s Much Bigger Than TV, Film, and Commercials, Artist Image Is Everything — Here’s How to Build Yours on a Budget, This Is the Real Difference Between Rap and Hip Hop. Max Lousada is CEO, Recorded Music for Warner Music Group. Warner Music Group Corp (WMG) CEO Stephen Forbes Cooper Sold $17.3 million of Shares. Chief Digital Officer and EVP of Business Development Oana Ruxandra received 3,051 WMG shares ($106,693), while Executive Vice President and General Counsel Paul Robinson received 8,137 WMG shares ($284,550). EVP and Chief People Officer Maria Osherova received 9,249 WMG shares ($323,437); Warner Chappell CEO Guy Moot and COO Carianne Marshall received 13,561 Warner Music shares apiece ($474,228); and EVP and Chief Financial Officer Eric Levin received 27,122 shares ($948,456). Country Music Assn. He is a member of the Supervisory Board for LyondellBasell Industries N.V., one of the world’s largest olefins, polyolefins, chemicals and refining companies. Here’s a Detailed Breakdown of Radio Monitoring Companies, An Insanely Detailed Discussion About the Music Modernization Act, Steven Van Zandt: ‘Streaming Is a Disaster for Artists. INDUSTRY. The Company offers music recording, merchandising, sponsoring, touring, and artist management services. display: none !important; CEO of Warner Music Group Corp (30-Year Financial, Insider Trades) Stephen Forbes Cooper … Company Participants. display: none !important; LONDON, UNITED KINGDOM: Roger Ames (L), CEO of Warner Music Group, and Ken Berry, CEO of EMI Recorded Music, hug during a photo call after the announcement about the merger of the two music companies in London 24 January 2000. from Occidental College and an M.B.A. from the University of Pennsylvania Wharton School of Business. Warner Music Group Corp. (NASDAQ:WMG) Q3 2020 Earnings Conference Call. According to the latest stock-grant filing, which is dated January 12th, 2021, Stephen Cooper acquired 189,856 WMG shares for a grand total of zero dollars. He was in charge of several venture businesses. As CEO at Warner Music Group Corp., Stephen Cooper made $10,088,264 in total compensation. Now That the Music Modernization Act Has Passed, Who’s Gonna Run the Damn Thing? Wytwórnia Warner Music Poland to część wielkiej rodziny pod wspólną nazwą Warner Music Group, jednego z czterech największych graczy w biznesie muzycznym. Perhaps the biggest feather in Lousada's cap during his three years as CEO of Warner Music UK has been the global success of Ed Sheeran. The film studio Warner Bros. had no record label division at the time one of its contracted actors, Tab Hunter, scored a No. President/CEO, Warner Music Group Corp. EDUCATION--BOARD MEMBERSHIPS. FuboTV parent company FaceBank Group Inc. appointed former Warner Music Group chief executive Edgar Bronfman Jr. to its board of directors and named him executive chairman effective April 29. A Disaster.’, Is the Crypto Bubble Back? The organizational chart of Warner Music Group displays its 232 main executives including Stephen Cooper, Eric Levin and Guy Moot × We use cookies to provide a better service. Lousada is responsible for overseeing all of WMG’s global Recorded Music operations, including Atlantic, Warner Bros., Parlophone, Warner Music Nashville, Global Catalog/Rhino and Warner Classics, as well as WMG's international Recorded Music affiliates and WMG’s Artist & Label Services divisions, WEA and ADA. As a company returning to the public markets, investors have plenty to … four  −   =  3 .hide-if-no-js { Warner Chappell Music, the global music publishing company of WMG, is home to an extraordinary catalog that includes timeless standards and contemporary hits, representing works by over 65,000 songwriters and composers, with a collection of more than one million copyrights. WMG:US 28.90 USD … Warner Music Group (WMG) CEO Stephen Cooper received 189,856 of his company’s Class A shares this month as part of a “long-term incentive plan,” while other higher-ups received a … The A&R exec will lead the Warner Music Group imprint, reporting to Eliah Seton, president of independent music & creator services, WMG and Craig Kallman, chairman & CEO, Atlantic Records. He has more than 30 years of experience as a financial advisor, and has served as chairman or chief executive officer of various businesses, including Vice Chairman and member of the office of Chief Executive Officer of Metro-Goldwyn-Mayer, Inc. and Chief Executive Officer of Hawaiian Telcom. WMG stock experienced a 20 percent hike in value during its first day on the market, with shares starting at $25 apiece and closing at more than $30 apiece. Save my name, email, and website in this browser for the next time I comment. Music Industry News, Jobs & Charts. By continuing your navigation, you consent to their use. Stephen F. Cooper is Chief Executive Officer of Warner Music Group, which he joined in 2011 upon the company’s acquisition by Access Industries. CURRENT PRICE. Andy Ma, who was named Warner Music Group’s CEO of Greater China in April, has left the company just seven months after taking on the role. CEO, Warner Recorded Music: Total Cash $5,108,000: Equity $0: Other $510,330: Total Compensation $5,618,330: Guy Moot Co-Chair and CEO, Warner Chappell Music: Total Cash $1,743,979: Equity $0: Other $322,754: Total Compensation $2,066,733: Carianne Marshall Co-Chair and COO, Warner Chappell Music: Total Cash $2,452,179: Equity $0: Other $721: Total Compensation $2,452,900 Warner Music Group's key executives include Maria Osherova … Warner Music Group Corp. priced its 77-million-share IPO at $25 per share, and the stock opened higher Wednesday at $27. Steve is also Managing Partner of Cooper Investment Partners, a private equity firm. 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