Topic: How To Invest

Power Growth Investor Hotline – Friday June 6, 2025

Article Excerpt

WARNER MUSIC GROUP CORP., $26.37, is a buy. The company’s shares (symbol WMG on Nasdaq) began trading on June 3, 2020, following its IPO. Warner Music is one of the world’s leading music entertainment companies. Its record labels include Atlantic Records, Warner Records, and Elektra Records. Musicians recording on these labels include Bruno Mars, Lizzo, Ed Sheeran, Cardi B, Katy Perry, Madonna, Metallica, Neil Young and Led Zeppelin. The company also owns Warner Chappell Music, a music publishing company representing more than 80,000 songwriters and composers. Warner Music, as well as Universal Music Group and Sony Music Group, are now negotiating licensing deals with two startups that could set a new precedent for how songs are used and how artists are paid for remixes generated by artificial intelligence (AI). The three companies want to be compensated by startups Suno and Udio when music by artists they represent is used to train generative AI models and produce new music. They want the startups to develop…