Total quarterly income, recorded music and streaming income fell, but cost-cuts freed up money to invest in A&R and buy Tempo's music catalog.
'Burnin,' 'Kaya' and 'Uprising' are part of the seven-album rollout beginning this spring.
WMG delivers Tempo Music Investment's rights to catalogs from Wiz Khalifa, Florida Georgia Line, Brett James and others to Warner Chappell.
"I went with my gut," says the reggaetón star, who will release new music soon.
The Universal chairman/CEO touted strides in the company's "artist-centric strategy," recent agreements with Spotify and Amazon and its embrace of "responsible AI."
"The key is ensuring that what we do resonates with him, with his personality as an artist and with his vision. Once we have that, everything is easier," says Rimas Entertainment's Monica Jiménez.
Chester adds marketing and artist development to his remit at the label.
Tewari first started making waves in February 2024 by posting covers and original songs on TikTok.
The Café Tacvba member will debut as a solo artist under DOCEMIL Music.
"Deals get renegotiated all the time if they’re out of sync," says WMG's longtime general counsel. "We want to maintain the best relationships with artists and songwriters."
