Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
Splunk (NASDAQ:SPLK) is the latest technology firm to announce layoffs, with plans to reduce ~4% of its global workforce, mostly in North America, as part of a reorganization to optimize its ...
By Glenn Peoples Warner Music Group raised eyebrows the past two ... 2023 – the company’s second fiscal quarter – was 16.4%, according to Luminate. (That measures WMG’s share of streaming ...
Adjusted OIBDA margin increased by 50 bps to 20.4%. Adjusted EPS of $0.20 beat the consensus of $0.18. Warner Music used $(6) million in operating cash flow and held $601 million in cash and ...
The original version of this story was published on The Legal Intelligencer Dechert has become the latest firm to cut attorneys and staff ... approximately 5% of its global workforce.
Warner Music Group (NASDAQ: WMG) investors lost ground to the market on Tuesday. The music streaming specialist's stock was down 11% as of 3 p.m. ET compared to a 0.2% dip in the S&P 500.
Warner Music posted better-than-expected fiscal second-quarter results as revenue was in line and adjusted EBITDA was ahead of FactSet consensus. However, shares fell by over 9.5% as streaming ...
Adjusted OIBDA margin increased by 50 bps to 20.4%. Adjusted EPS of $0.20 beat the consensus of $0.18. Warner Music used $(6) million in operating cash flow and held $601 million Warner Music ...
The current 4% tax provides more than $600 million annually to the state for its Education Trust Fund, or ETF, which currently totals a little more than $8 billion. Cutting the tax in half would ...
By Glenn Peoples Warner Music Group raised eyebrows the past two ... 2023 – the company’s second fiscal quarter – was 16.4%, according to Luminate. (That measures WMG’s share of streaming ...
The current 4% tax provides more than $600 million annually to the state for its Education Trust Fund, or ETF, which currently totals a little more than $8 billion. Cutting the tax in half would ...
