Warner Music Group: Its Bold Global Expansion & Streaming Revenue Growth Set to Skyrocket Profits?

Warner Music Group’s fourth quarter and full-year results for 2024 present a balanced picture of strengths and challenges as the company navigates a competitive landscape in the global music industry. The company reported a revenue increase of 6% year-over-year in the fourth quarter, with Recorded Music revenues also rising by 6% and Music Publishing by 5%. These results translate into a full-year revenue growth of 7% and adjusted OIBDA growth of 11%. The growth in Recorded Music subscription streaming revenue, which climbed by 11% in the fourth quarter, continues to bolster Warner Music Group’s financial performance, driven by robust releases and global subscriber growth.