• Madonna reportedly leaves Universal Music, in talks to return to Warner label

    Madonna reportedly leaves Universal Music, in talks to return to Warner label

    Madonna has left Universal Music Group’s Interscope, her record label for nearly a decade, according to reports. The Queen of Pop is considering returning to Warner Music Group, where she launched her self-titled debut album “Madonna” in 1983 and went on to crank out hits including “Like a Virgin” (1984), “True Blue” (1986), and “Ray …
  • China’s Tencent reveals 5 percent stake in Warner Music

    China’s Tencent reveals 5 percent stake in Warner Music

    China’s Tencent Music Entertainment Group on Friday reported a 5.2 percent passive stake in Warner Music Group Corp., about a week after the world’s third-largest recording label’s debut on the Nasdaq. Tencent Music is controlled by Chinese tech giant Tencent Holdings Ltd. The listing by Warner, home to artists including Cardi B, Ed Sheeran and …
  • Warner Music prices IPO at $25 a share, values company at $12.75 billion

    Warner Music prices IPO at $25 a share, values company at $12.75 billion

    Warner Music Group priced its initial public offering at $25 per share, valuing the record label, which represents the likes of Ed Sheeran, Bruno Mars and Cardi B., at an eye-popping $12.75 billion. The music giant headed by Chief Executive Lucian Grainge, which is the parent of labels including Atlantic Records, Warner Records and Elektra …
  • Warner Music Group moves forward with IPO despite coronavirus

    Warner Music Group moves forward with IPO despite coronavirus

    Warner Music Group, the music label behind Cardi B., Ed Sheeran and Bruno Mars, moved forward with its planned initial public offering, saying Tuesday that it will raise as much as $1.8 billion for shareholders. Backed by billionaire Len Blavatnik, shareholders of the New York-based record group, which is home of Asylum, Atlantic Records, Parlophone, …