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Stock impact report

UPROXX Studios Blazes Independent Path [Yahoo! Finance]

Warner Music Group Corp. - Class A (WMG) 
Company Research Source: Yahoo! Finance
will.i.am Joins UPROXX Studios as Partner/Investor, brings FYI AI Technology; Rich Antoniello joins as Partner and Executive Chairman LOS ANGELES, April 24, 2024 BUSINESS WIRE )--In a move poised to reshape the digital media landscape, media veterans Jarret Myer, Rich Antoniello, and will.i.am announce the formation of UPROXX Studios. This powerhouse independent company emerged from the strategic acquisition of Uproxx, HipHopDX, Dime Magazine, and other leading media assets from Warner Music Group (WMG). The creation of UPROXX Studios also includes the exclusive license to represent WMG's coveted YouTube inventory for all media sales in the United States. This unparalleled access to a roster of A-list stars combined with UPROXX Studios' ultra-engaged, superfan communities creates a fresh platform for brands and advertisers to get involved with music culture like never before. While this spinoff fosters a powerful new chapter, UPROXX Studios and WMG will continue to work together Show less Read more
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