Warner Music Group
Warner Music Group (WMG) is an American major global music conglomerate headquartered in New York City. The largest American-owned music corporation worldwide, it is one of the 'big three' recording companies (the three largest in the global music industry). The company operates some of the largest and most successful recording labels in the world, including Warner Bros. Records and Atlantic Records. WMG also owns Warner/Chappell Music, one of the world's largest music-publishing companies.
Formerly owned by Time Warner, the world's largest media conglomerate, the company was publicly traded on the New York Stock Exchange until May 2011, when the company announced its privatization and sale to Access Industries, which was completed in July 2011. With a multi-billion dollar annual turnover, WMG employs in excess of 4,000 people worldwide and has operations in more than 50 countries.
Read more about Warner Music Group: Key People, Music Publishing, Reissues, Controversy and Criticism
Famous quotes containing the words warner, music and/or group:
“It is fortunate that each generation does not comprehend its own ignorance. We are thus enabled to call our ancestors barbarous.”
—Charles Dudley Warner (1829–1900)
“The manner in which Americans “consume” music has a lot to do with leaving it on their coffee tables, or using it as wallpaper for their lifestyles, like the score of a movie—it’s consumed that way without any regard for how and why it’s made.”
—Frank Zappa (1940–1994)
“Now, honestly: if a large group of ... demonstrators blocked the entrances to St. Patrick’s Cathedral every Sunday for years, making it impossible for worshipers to get inside the church without someone escorting them through screaming crowds, wouldn’t some judge rule that those protesters could keep protesting, but behind police lines and out of the doorways?”
—Anna Quindlen (b. 1953)