WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to ...

Warner Music boss Robert Kyncl yesterday wrote to the major’s employees to announce a plan to cut the company’s annual costs ...

Warner Music Group (WMG) has announced a significant new round of layoffs as part of a sweeping restructuring and ...

Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual ...

"Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make ...

From more music-focused competition series to streaming service updates, here are three things rocking the music business world.

Warner Music Group will lay off an unspecified number of employees as part of a months-long restructuring plan to cut costs, Chief Executive Robert Kyncl said in a memo to staff Tuesday.

Warner Music Group plans to cut annual costs by $300 million through a combination of layoffs and reducing administration and real estate expenses ...

It was quite the day yesterday for staff at Warner Music Group. At 9am ET, the company announced a joint venture with Bain ...

Yesterday (July 1), Warner Music Group and private investment giant Bain Capital unveiled their plans for a $1.2 billion ...

Warner Music will reduce annual costs by around $300 million to reinvest in the business: $170 million through headcount ...

Warner Music Group and Bain Capital are launching a joint venture to allow for the purchase of up to $1.2 billion in music ...