Dubbed the Warner Music Space, the hub will house Warner Music Brazil, Warner Chappell Music Brazil and ADA Brazil operations.
“One thing I’d like us all to remember is that our world has fundamentally changed… the music business is in a very different place than it was 10 years ago,” Kyncl writes.
WMG's fourth quarter revenues grew 6% overall on strong streaming and publishing growth — a stronger release schedule didn't hurt.
WMG is partnering with production company Seriously Happy to create a full-length animated biopic about the life of Edith Piaf using AI.
The company launches with two artist signings: Dipper and Wesko.
Lyor Cohen said that artificial intelligence can "open up a new playground for creativity" at the Made on YouTube event on Thursday.
The experienced financial executive will take over for Eric Levin, who announced his retirement earlier this year.
Carless describes creating his new label as his "lifelong mission."
Recorded music revenue rose nearly 8%, thanks to a strong slate of releases led by Ed Sheeran, Linkin Park and Melanie Martinez.
This marks the first big deal for Robert Kyncl as WMG's CEO.
