NYSE: WMG       Warner Music Group Corp. Cl A
Last Price Today's Change   Day's Range   Trading Volume
29.29   -0.16 (0.54%)  28.554 - 30.49  106,304


Avg Volume (4 weeks):2,175,276
4 Weeks Range:28.55 - 34.00
4 Weeks Price Volatility (%):
52 Weeks Range:28.55 - 34.00
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Warner Music Group Corp. is a music content company. The Company consists of two businesses: Recorded Music and Music Publishing. The Recorded Music business produces revenue through the marketing, sale and licensing of recorded music in various physical, such as compact discs (CDs), long playings (LPs), and digital versatile discs (DVDs) and digital (such as downloads and ringtones) formats. The Music Publishing business owns and acquires rights to musical compositions, exploits and markets these compositions and receives royalties or fees for their use. It publishes music across a range of musical styles. It holds rights over one million copyrights from over 65,000 songwriters and composers. The Company acquired Groove Addicts Production Music Library and Carlin Recorded Music Library in 2010. As of September 30, 2010, the Company's music library consisted of more than 16 catalogs containing about 74,000 cues/songs.

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