Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

Warner Music Group Corp. 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 and Sony Music Entertainment.

 
 
 
 

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Glob.Revenue, mln.USD
5580
The Company Statement
September 20, 2022

Announced that suspending Russian operations, including investments in and development of projects, promotional and marketing activities, and manufacturing of all physical products. Will continue Russian artist and songwriter contracts. But Warner Music arm seeks Russian deals despite business suspension. Continues operations.

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Statements Archive
September 20, 2022Warner Music arm seeks Russian deals despite business suspension
September 20, 2022Warner Music Group and Believe Continued to Operate In Russia After Officially Announcing Exits, Reports Say
March 10, 2022Warner Music Group Suspends Operations in Russia
Demand to Leave Russia:Petition text has been copied to the clipboard.
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