Strategic PartnershipsWMG has partnered with Bain Capital to acquire iconic music catalogs, providing support for the creative and financial growth of artists and songwriters, leveraging the combined creative, marketing, and financial power of the two industry-leading entities.
Streaming Subscription GrowthWMG is benefiting from accelerating streaming subscription growth, increasing ability to leverage technology to drive its ongoing artist development, combined with operating efficiencies and targeted cost reduction that will continue to drive revenue growth, margin expansion, and increase cash flow and profitability, driving further shareholder value creation.