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WMG – Warner Music Group Corp

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Recommendation Rating

2.35

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5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 34.94

Low: 26

High: 52

Total Analysts: 15

Company Profile

Warner Music Group Corp. is a music entertainment company. The Company’s segments include Recorded Music and Music Publishing. The Recorded Music segment consists of the discovery and development of recording artists and the related marketing, promotion, distribution, sale, and licensing of music created by such recording artists. In the United States, its Recorded Music business is conducted principally through its record labels, such as Atlantic Records and Warner Records. It also conducts its Recorded Music business through a collection of additional record labels including Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Records, Warner Classics and Warner Music Nashville. The Music Publishing segment is focused on marketing, promoting, distributing, and licensing a particular recording of a musical composition. The operations of its Music Publishing business are conducted through Warner Chappell Music, its global music publishing company.

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