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Introduction

WMG has reported financial details for the final quarter (July to September) and full 2018 financial year (October to September). Total revenue for the company increased year-on-year for the 12th consecutive quarter and third successive year, with recorded-music and music publishing registering gains in both the three- and 12-month periods.

Highlights

  • The company registered net income for the third year in a row and ended the financial year with more than $500m in cash.

Features and Benefits

  • Details the final-quarter and full-year financial results published by WMG.
  • Examines revenue by source for the recorded-music and music-publishing units.

Key questions answered

  • What share of recorded-music revenue for WMG was generated from streaming in the year to September 2018?
  • Which were the best-selling artists for WMG in the latest financial year?

Table of contents

Ovum view

  • Summary
  • Record financial year for WMG
  • Recorded-music results
  • Music publishing results

Appendix

  • Author