For Common Music Group and Warner Music Group, calendar Q2 2024 was a story of two earnings studies — and streaming forecasts. Whereas UMG acknowledged a subscription-growth slowdown, the Robert Kyncl-led WMG emphasised “robust” enhancements. However are issues as rosy as they appear for at present’s third-largest main label?
DMN Professional crunched the numbers to reply that query, which is especially urgent given the industry-wide implications of a development slowdown at UMG.
Desk of Contents
I. Introduction: The Stark Distinction Between the Calendar Q2 Earnings Stories. . .
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