ADA will cover global distribution for all new releases from the label’s roster, which includes WILLOW and Four Tet.
Tomás Talarico arrives to lead Warner Music Southern Cone as longtime managing director Guillermo Castellani steps down.
The WMG veterans report to Michael Ryan Southern, aka MRS, who calls them both "tenacious and curious leaders."
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.
"It’s a big step forward in our vision for greater alignment between rights holders and streaming services," says Warner Music chief Robert Kyncl.
WMG delivers Tempo Music Investment's rights to catalogs from Wiz Khalifa, Florida Georgia Line, Brett James and others to Warner Chappell.
"We’ve not just helped our artists and songwriters do new, brave, and disruptive things, we’ve held ourselves to the same standard," Kyncl says in a year-end note to staff.
Several companies now make premium records, to sell at premium prices. Are fans ready?
Digital and streaming revenues drive overall revenue growth.
The distributor Africori will work alongside Warner Music Africa and Warner Music France on a new venture.
