BMG and Concord Merge to Create New Music Giant [Yahoo! Finance]
Warner Music Group Corp. - Class A (WMG)
Company Research
Source: Yahoo! Finance
music companies and creates a new entity closer in scale to the major three record labels. Financial details of the agreement weren't disclosed, though Bloomberg previously reported the deal could be worth as much as $7 billion. BMG's parent company, the German media giant Bertelsmann, will own 67 percent of the company while Green Mountain Partners will own 33 percent. The deal's closure is subject to regulatory approval. More from The Hollywood Reporter Spotify Signs Licensing Publishing Deal With BMG OneRepublic Leaves Interscope After 18 Years, Sign New Deal With BMG BMG Reports Record Profit for 2024 as Digital Revenue Jumps 16 Percent The new company will operate under the BMG name. BMG's current CEO Thomas Coesfeld, who is set to become the CEO of BMG parent company Bertelsmann, will become BMG's chairman, while Concord CEO Bob Valentine will be BMG CEO. The new company's publishing division will be called BMG publishing, while the recorded music division will be kn
Show less
Read more
Impact Snapshot
Event Time:
WMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WMG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WMG alerts
High impacting Warner Music Group Corp. - Class A news events
Weekly update
A roundup of the hottest topics
WMG
News
- BMG and Concord merge to create music's fourth-largest company [Los Angeles Times (CA)]Los Angeles Times
- 3 Stocks Under $50 We Keep Off Our Radar [Yahoo! Finance]Yahoo! Finance
- How Warner Music's TuStreams Música Mexicana Partnership and Global Deal Could Impact Warner Music Group (WMG) Investors [Yahoo! Finance]Yahoo! Finance
- Warner Music Group (WMG) had its "overweight" rating reaffirmed by Morgan Stanley. They now have a $38.00 price target on the stock, up from $37.00.MarketBeat
- Hot Picks: Streaming gains continue to reshape media sector outlook [BNN Bloomberg (Canada)]BNN Bloomberg
WMG
Earnings
- 2/5/26 - Miss
WMG
Sec Filings
- 4/20/26 - Form 4
- 4/20/26 - Form 4
- 4/1/26 - Form SCHEDULE
- WMG's page on the SEC website