Warner Music Group Corp Ordinary Shares - Class A

WMG: XNAS (USA)

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Warner Music Earnings: Firm Remains Healthy Despite Middling Results; Spotify Renewal Announced

Matthew Dolgin

Feb 6, 2025

Currency movements and nonrecurring items like the loss of BMG revenue led to poor reported results. Adjusted for these items, revenue grew 4% and EBITDA grew 1%. Other income, which includes currency hedges and is not included in EBITDA, was $130 million, up from a $50 million expense last year.

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Warner Music Group Corp Ordinary Shares - Class A

Warner Music Earnings: Firm Remains Healthy Despite Middling Results; Spotify Renewal Announced

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