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It was founded in June 2004 when Warner Music Group bought East West Records from Time Warner and rebranded its UK operation. [5] The first Chairman was Max Lousada, previously Head of A&R at Mushroom Records UK [6] and, as of June 2019, chairman and CEO Warner Music UK. [7] In 2011 Atlantic Records UK was named Label of the Year at the Music ...
Warner Music Group Corp., [6] commonly abbreviated as WMG, is an American multinational entertainment and record label conglomerate headquartered in New York City.It is one of the "big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Group (SMG).
In 2005, WMG reactivated the East West label, which marketed and distributed rock music. [8] East West operated under Warner's Alternative Distribution Alliance, the successor to Independent Label Group. [9] East West Records was revived in the UK in 2014 under the direction of Max Lousada, then Chairman & CEO, Warner Music UK. [10]
Redundancies come in an effort to save £158 million by the end of 2025
Warner Music Group is the latest in a wave of media and tech companies to slash jobs and implement cost-cutting measures. ... Warner Music Group to cut 270 jobs, 4% of staff, in an effort to 'evolve'
Warner Music Group will part ways this year with approximately 10% of its workforce, or about 600 employees, Chief Executive Robert Kyncl announced this week.
In March 2015, Sheeran revealed his plans to establish Gingerbread Man Records through a deal with Warner Music Group. [1] The label, as well as a dedicated YouTube channel, launched three months later. [2] The label's first release was 5, which was a compilation of five EPs that Sheeran independently released before his debut album.
The group invests in the United States, Europe, [3] Israel, [4] and Latin America. [3] It is headquartered in New York, with offices in London and Mill Valley, California. [5] Access Industries has stakes in companies including Warner Music Group, LyondellBasell, DAZN, [6] Calpine Corporation, [7] A24, [8] Deezer, [9] and Spotter. [8]