|
Warner Music Group
Warner Music Group Corp., commonly abbreviated as WMG, is an American Multinational corporation, multinational entertainment and record label Conglomerate (company), conglomerate headquartered in New York City. It is one of the "Record label#Major labels, big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Entertainment (SME). Formerly owned by Time Warner (later called WarnerMedia and its successor is Warner Bros. Discovery), the company sold WMG in 2004 to a group of private investors led by Edgar Bronfman Jr., in a move to alleviate Time Warner's debt load related to its merger with AOL. WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company. As of 2025, Access Industries remains the company's largest shareholder, owning 72% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive with a respective county. The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the United States by both population and urban area. New York is a global center of finance and commerce, culture, technology, entertainment and media, academics, and scientific output, the arts and fashion, and, as home to the headquarters of the United Nations, international diplomacy. With an estimated population in 2024 of 8,478,072 distributed over , the city is the most densely populated major city in the United States. New York City has more than double the population of Los Angeles, the nation's second-most populous city. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arts Music
Warner Music Group Corp., 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 Entertainment (SME). Formerly owned by Time Warner (later called WarnerMedia and its successor is Warner Bros. Discovery), the company sold WMG in 2004 to a group of private investors led by Edgar Bronfman Jr., in a move to alleviate Time Warner's debt load related to its merger with AOL. WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company. As of 2025, Access Industries remains the company's largest shareholder, owning 72% of the equity and controlling 98% of the voting power. With a multibill ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edgar Bronfman Jr
Edgar Miles Bronfman Jr. (born May 16, 1955) is an American businessman, filmmaker, theater producer, and media executive who is a managing partner at Accretive LLC. He previously was CEO of Warner Music Group from 2004 to 2011, and was its chairman from 2011 to 2012. Bronfman was the CEO of WMG during its May 2011 sale to Access Industries. In August 2011, he became Chairman of the company as Stephen Cooper became CEO.Warner Music CEO Edgar Bronfman Jr. and Chairman Stephen Cooper Switch Jobs Billboard Billboard.biz (2011-08-19). Retrieved on 2013-12-23. Bronfman previously was CEO of |
Time Warner
Warner Media, LLC ( doing business as WarnerMedia) was an American multinational mass media and entertainment conglomerate owned by AT&T. It was headquartered at the 30 Hudson Yards complex in New York City. It was established as Time Warner in 1990 and was known by that name for most of its history, following a merger between Time Inc. and Warner Communications. The company had film, television and cable operations. Its assets included WarnerMedia Studios & Networks (which consisted of the entertainment assets of Turner Broadcasting, HBO, and Cinemax as well as Warner Bros., which itself consisted of the film, animation, television studios, the company's home entertainment division and Studio Distribution Services, its joint venture with Universal Pictures Home Entertainment, DC Comics, New Line Cinema, and, together with CBS Entertainment Group, a 50% interest in The CW); WarnerMedia News & Sports (consisted of the news and sports assets of Turner Broadcasting, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sony Music Entertainment
Sony Music Entertainment (SME), commonly known as Sony Music, is an American multinational music company owned by Japanese conglomerate Sony Group Corporation. It is the recording division of Sony Music Group, with the other half being the publishing division, Sony Music Publishing. Founded in 1929 as American Record Corporation, it was acquired by the Columbia Broadcasting System in 1938 and renamed Columbia Recording Corporation. In 1966, the company was reorganized to become CBS Records. Sony bought the company in 1988 and renamed it SME in 1991. In 2004, Sony and Bertelsmann established a 50–50 joint venture known as Sony BMG to handle the operations of Sony Music and Bertelsmann Music Group (BMG), but Sony bought out Bertelsmann's stake four years later and reverted to using the 1991 company name. This buyout led to labels formerly under BMG ownership, including Arista, Jive, LaFace and J Records into former BMG and currently Sony's co-flagship record label ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Music Group
Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Netherlands, Dutch–United States, American multinational Music industry, music corporation under Law of the Netherlands, Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands, and its operational headquarters are located in Santa Monica, California. The biggest music company in the world, it is one of the "Record label#Major labels, Big Three" record labels, along with Sony Music, Sony Music Entertainment and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake in January 2021. Pershing Square Holdings later acquired ten percent of UMG prior to its Initial public offering, IPO on the Euronext Amsterdam stock exchange. The French Vincent Bolloré, Bolloré family still owns 28 percent of UMG (18 percent directly, and ten percent through Vive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Record Label
"Big Three" music labels A record label or record company is a brand or trademark of Sound recording and reproduction, music recordings and music videos, or the company that owns it. Sometimes, a record label is also a Music publisher, publishing company that manages such brands and trademarks, coordinates the production, manufacturing, manufacture, distribution (marketing), distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting Artists and repertoire, talent scouting and development of new artists, artist financing and maintaining Recording contract, contracts with recording artists and their managers. The term "record label" derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Record Label
"Big Three" music labels A record label or record company is a brand or trademark of Sound recording and reproduction, music recordings and music videos, or the company that owns it. Sometimes, a record label is also a Music publisher, publishing company that manages such brands and trademarks, coordinates the production, manufacturing, manufacture, distribution (marketing), distribution, marketing, promotion, and enforcement of copyright for sound recordings and music videos, while also conducting Artists and repertoire, talent scouting and development of new artists, artist financing and maintaining Recording contract, contracts with recording artists and their managers. The term "record label" derives from the circular label in the center of a vinyl record which prominently displays the manufacturer's name, along with other information. Within the mainstream music industry, recording artists have traditionally been reliant upon record labels to broaden their consumer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entertainment
Entertainment is a form of activity that holds the attention and Interest (emotion), interest of an audience or gives pleasure and delight. It can be an idea or a task, but it is more likely to be one of the activities or events that have developed over thousands of years specifically for the purpose of keeping an audience's attention. Although people's attention is held by different things because individuals have different preferences, most forms of entertainment are recognisable and familiar. Storytelling, music, drama, dance, and different kinds of performance exist in all cultures, were supported in Court (royal), royal courts, and developed into sophisticated forms over time, becoming available to all citizens. The process has been accelerated in modern times by an entertainment industry that records and sells entertainment products. Entertainment evolves and can be adapted to suit any scale, ranging from an individual who chooses private entertainment from a now enormous ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warner Classics
Warner Classics is the classical music arm of Warner Music Group. The label began issuing new recordings under the Warner Classics banner in 1991. The company also includes the Erato Records and Teldec Records labels. Based in France, Warner Classics also distributes the Elektra Nonesuch, Finlandia, Lontano, NVC Arts, Warner Apex, Warner Elatus and Warner Fonit labels. History What was then known as Warner Bros.-Seven Arts, which owned Warner Bros. Records and Atlantic Records, acquired Elektra Records in 1969 which included Elektra's Nonesuch Records classical music label. This led to the formation of WEA, the forerunner of Warner Music Group. Nonesuch is now part of Warner Records. WEA acquired Teldec Records in 1988. Warner Classics was formed in 1991. The renamed Warner Music Group acquired Erato Records in 1992. Warner Music Group acquired the classical video company NVC Arts in 1994. The label developed a larger profile in 2013 when it absorbed EMI Classics (includin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
