Warner Music Group Corp (NAS:WMG)
$ 29.735 0.065 (0.22%) Market Cap: 15.40 Bil Enterprise Value: 19.04 Bil PE Ratio: 29.73 PB Ratio: 35.39 GF Score: 83/100

Warner Music Group Corp at Credit Suisse Communications Conference (Virtual) Transcript

Jun 14, 2022 / 05:30PM GMT
Release Date Price: $26.08 (+0.12%)
Meghan Durkin;dit Suisse AG
CrÃ;Research Division - Research Analyst

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Good afternoon, everyone. Next up, we have Eric Levin, the CFO of Warner Music Group. Eric, thanks for being here.

Eric Joshua Levin
Warner Music Group Corp. - Executive VP & CFO

Meghan, it's my pleasure. Thank you for having me. Really appreciate the opportunity.

Questions & Answers

Meghan Durkin;dit Suisse AG
CrÃ;Research Division - Research Analyst

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So I wanted to start with big picture and ask what are the top strategic priorities for the company as we sit here today?

Eric Joshua Levin
Warner Music Group Corp. - Executive VP & CFO

Yes. Well, this is going to sound broad, but it's really growth in every direction of music. Last year, according to IFPI, and last year being 2021, the industry grew 18.5%, and we grew 2 percentage points more than that. We did that through a series of strategies that we continue to pursue. One,

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