Warner Music Group Corp.New York, NY, United States (NYSE: WMG)

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Warner Music Company Description

These records were made to be listened to, not broken. Warner Music Group (WMG) is one of the largest recording companies in the world and ranks #3 in terms of US market share (behind Universal Music Group and Sony Music Entertainment). The company operates through two businesses: Recorded Music and Music Publishing. Its Recorded Music catalog includes the best-selling albums The Eagles: Their Greatest Hits 1971-1975 and Led Zeppelin IV. Its Music Publishing business holds more than one million copyrights. Thomas H. Lee Partners owns more than 35% of WMG, which in 2006 rejected a $4.2 billion takeover bid from its larger rival EMI Group. On the flipside, EMI rejected a $4.2 billion offer from WMG in 2007.

View the Comprehensive Company Description for Warner Music

The Company Description provides a historical perspective of Warner Music's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Warner Music's evolution in the marketplace.

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