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Atlantic Music Axes Two Dozen People To Achieve 'Maximum Impact': Details

Atlantic Music Group is sacking two dozen people in their radio and video departments, following the directions of its parent company, Warner Music Group.#AtlanticRecords #WarnerMusicGroup
Megan Thee Stallion Partners With Warner Music Group

The 'Traumazine' rapper has joined forces with Warner Music Group, which will distribute her music, but she will maintain ownership.
Atlantic Records Issue: Former Talent Scout Files Lawsuit Against Music Giant’s Executives [DETAILS]

Dorothy Carvello has filed a lawsuit against Atlantic Records, Warner Music Group, and some of the company's executives, claiming that she was sexually harassed decades ago.#DorothyCarvello #AtlanticRecords
Warner Music Group Sued: Rock Band Orleans Accuses Company of THIS Serious Crime

A class action lawsuit was launched last week by two longtime members of Orleans, John Hall and Lance Hoppen, who claim Warner Music Group has been withholding royalties from them. #WMG
Music Companies Observe June 19 'End of Slavery' Holiday

Music companies announced June 19 'End of Slavery' holiday. Three giant music companies plan to hold a music holiday on June 19 to remember the end of slavery day.
Warner Music Group Offers IPO

Warner Music Group, a music recording company is offering its shares of stocks through IPO. (Photo : Facebook/@warnermusicgroup) Warner Music Group Corp.
Vevo, Warner Music Announce Deal To Stream Videos On Platform

Warner finally joins Sony and UMG on Vevo. The last major domino has fallen. Warner Music and Vevo have announced a "milestone partnership" that will bring the label's video music content onto the streaming service and distributed across its digital platforms.
Warner Promises To Share Equity From Proceeds Of Streaming Service Sales

While much of the blame for low payouts to artists from streaming has been laid at the feet of the services themselves, the opaque nature of how things are handles by major labels deserves a lot of the blame as well. Warner Music Group is looking to gain a little good will from their artists in a new announcement today, saying that the label would share some of the equity from a potential sale of a streaming service that it is invested in, like Spotify.
Warner Music Group Yearly Revenue Led By Digital Music, Ed Sheeran, Furious 7

The company saw even greater growth in the fourth quarter. Major labels complain they are struggling financially but Warner Music Group just reported their Q4 and full year earnings ending on Sept.
'Happy Birthday' Song May Enter Public Domain, Farewell 'For He's a Jolly Good Fellow'

If you're a big fan of bizarre restaurant birthday songs and "For He's a Jolly Good Fellow," you may feel a wave of sadness soon. After years of having a high licensing feel, the classic "Happy Birthday to You" song may enter the public domain.
Soundcloud Could Be in Financial Trouble as Major Label Deals Loom

SoundCloud could be facing some dire financial consequences, including being "dangerously low on cash," according to reports from Digital Music News. although the company is valued at more than $700 million, two sources indicated to the publication that the digital music platform could be broke in four or five months if it doesn't secure additional funding.
Warner Music Group 2015 Q1 Earnings: Streaming Revenue Surpases Downloads

As industry observers see the growing dominance of streaming, many have waited for the moment when it would become more important than digital downloads. Warner Music Group announced its first quarter earnings ending on March 31st and the main takeaway from their report was that streaming has at last surpassed downloads the primary source of revenue for the smallest of the three major labels.