DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Warner Chappell - 2 Warner Music's - 1 Flo Rida - 1 Sherman Nealy - 1 Nealy - 1 Tony Butler - 1 Tony - 1 Dillard - 1
Top related locs:
Ayer Florida Atlanta New York San Francisco Washington
Top related orgs:
Warner - 3 Thomson - 2 Warner Music - 1 CNBC PRO - 1 Warner Music Group Corp - 1 WASHINGTON - 1 U.S - 1 Supreme - 1

Search resuls for: "Warner Music's"


6 mentions found


☆ Warner Music to cut 600 jobs, or 10% of staff
  + stars: | 2024-02-07 | by ( Laya Neelakandan | ) www.cnbc.com   time to read: 1 min
Warner Music is laying off 600 employees, or about 10% of its workforce, according to a Wednesday filing. The company said the layoffs are part of a broader restructuring plan aimed at saving costs to invest in more music and "accelerate the company's growth for the next decade." The layoffs are expected to save the company $200 million by the end of fiscal 2025. The majority of the savings will be allocated toward increasing investment in Warner Music's core music units and new technologies. The company expects to complete its $85 million in severance payments by the end of 2026.
Organizations: Warner Music, Warner, CNBC PRO
☆ US Supreme Court to hear Warner Music case on limits to copyright damages
  + stars: | 2023-09-29 | by ( Blake Brittain | Thomson Reuters | Blake Brittain Reports On Intellectual Property Law | ) www.reuters.com   time to read: +3 min
The two companies had challenged the lower court's decision that they may owe copyright damages that accrued prior to three years before plaintiff Sherman Nealy sued them. Nealy has argued that his Miami record label Music Specialist owns the rights to the 1984 song "Jam the Box" by Tony Butler, also known as Pretty Tony. Nealy said he did not learn of the alleged copyright violations until 2016, and requested damages for copyright infringement that he said started as early as 2008. Circuit Court of Appeals limited copyright damages to the three-year period before a lawsuit is filed. The case has drawn interest from music industry trade groups including the Recording Industry Association of America and National Music Publishers' Association, which also encouraged the court to take up the case.
Persons: Warner Music's, Flo Rida, Sherman Nealy, Nealy, Tony Butler, Tony, Dillard, Flo Rida's, Warner Chappell, Butler, Blake Brittain, Will Dunham Organizations: Warner Music Group Corp, WASHINGTON, U.S, Supreme, Miami, Atlantic Records, Warner, Artist Publishing, Circuit, Appeals, Recording Industry Association of America, National Music Publishers ' Association, Thomson Locations: Ayer, Florida, Atlanta, New York, San Francisco, Washington
☆ TikTok, Warner Music Group to partner in music licensing deal
  + stars: | 2023-07-18 | by ( ) www.reuters.com   time to read: +1 min
July 18 (Reuters) - Warner Music Group (WMG.O), the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a licensing deal with Chinese short-video app TikTok to boost its social media revenues. The multi-year deal will help Warner Music's artists and songwriters unlock new revenue and marketing opportunities from TikTok's more than 1 billion users, the companies said on Tuesday. Social media platforms like TikTok have seen many new artists go big when content featuring their music went viral, helping them clinch major record deals. The deal licenses the collection of Warner Recorded Music and Warner Chappell Music to TikTok, TikTok Music - the social media app's premium streaming service, video editor CapCut, and TikTok's Commercial Music Library. Reporting by Zaheer Kachwala; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Persons: Warner, Warner Chappell, CapCut, Zaheer Kachwala, Devika Organizations: Warner Music Group, Radiohead, Social, Warner, Wrestling Entertainment, WWE, Warner Recorded Music, Warner Chappell Music, Thomson
☆ Stocks making the biggest moves premarket: Wayfair, Salesforce, Paypal and more
  + stars: | 2023-01-23 | by ( Michelle Fox | ) www.cnbc.com   time to read: +3 min
Check out the companies making the biggest premarket moves:Advanced Micro Devices — The semiconductor maker rallied nearly 3% after being upgraded by Barclays to overweight from equal weight. The Wall Street firm cited improving market share trends and a better grasp on spending from management. Abbott Laboratories — Abbott Labs lost 2.5% following a Wall Street Journal report Friday that the Justice Department is investigating conduct at its infant-formula plant in Sturgis, Michigan. Tapestry — The Coach and Kate Spade parent slid 1.85% after being downgraded to equal weight from overweight by Barclays. The Wall Street firm's reasons included inflation creeping to higher household income brackets.
☆ How TikTok and the music industry are bound to each other as 'frenemies,' even as they battle over licensing
  + stars: | 2022-11-17 | by ( Dan Whateley | ) www.businessinsider.com   time to read: +10 min
All of these promotional functions have benefited the music industry, boosting streams on platforms like Spotify or Apple Music and helping artists grow their fan bases. The company filed a US trademark application in May for a potential music-streaming product called "TikTok Music," Insider first reported. Licensing negotiations to either expand Resso or introduce TikTok Music into other markets are underway, a person with direct knowledge of the process told Insider. Licensing negotiations are nearly constant in the music industryByteDance and TikTok already have existing agreements in place with major record labels and publishers like Warner Music Group, Sony Music Entertainment, the National Music Publishers' Association, and ICE. Last quarter, YouTube's head of music wrote that the company paid out $6 billion to the music industry over a 12-month period.
☆ Warner Music names YouTube business head Kyncl as CEO
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterRobert Kyncl, chief business officer for YouTube, speaks during a keynote address at the 2016 CES trade show in Las Vegas, Nevada January 7, 2016. REUTERS/Steve MarcusSept 21 (Reuters) - Warner Music Group Corp (WMG.O) on Wednesday named Robert Kyncl as its chief executive officer, handing the reins to the outgoing YouTube business head as the record label looks to diversify its revenue streams. Kyncl will take over from Warner Music's longest-tenured Chief Executive Steve Cooper, who is set to leave the media company by the end of next year. Shares of Warner Music, the label behind artists such Ed Sheeran, Lizzo and Dua Lipa, have declined 40% this year and are trading around their 2020 initial public offering price. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yuvraj Malik in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 6