Topic: How To Invest

Power Growth Investor Hotline – Friday, September 17, 2021

Article Excerpt

WARNER MUSIC GROUP CORP., $41.41, is a buy. The company’s shares (symbol WMG on New York) began trading on June 3, 2020, following an 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 is now adding to its music library with the purchase of more of the David Bowie recorded music catalogue from his estate. With this new deal, Warner Music will now have worldwide rights to five decades of Bowie’s work. Expanding on Warner Music’s current agreement with the estate, which encompasses Bowie material from 1968 to 1999, the new licensing agreement will include the entirety of Bowie’s 2000 to 2016 creative work. Heathen, Reality, The Next…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.