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Warner Music Group Posts Solid Quarter, With Revenue Rising to $1.38 Billion
Jem Aswad Senior Music EditorWarner Music Group showed solid results for the 2022 quarter that ended on March 31, with revenue up 10.1% (13.2% in constant currency).Citing the success of such Warner label and publishing artists as Silk Sonic, Ed Sheeran, Jack Harlow, Dua Lipa, Megan Thee Stallion, Rauw Alejandro, Chris Stapleton, Dave, Anitta, the Red Hot Chili Peppers, Kodak Black and Gayle, CEO Steve Cooper said, “Warner Music Group’s unique combination of scale and agility gives us, our artists, and our songwriters an edge in music’s ever-expanding universe of opportunity. We continue to build our unparalleled artist development expertise, our differentiated approach to global expansion, and our ground-breaking commitment to innovation at the intersection of music, gaming, social and fitness.
