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WMG (Warner Music Group) Asset Impairment Charge : $0 Mil (TTM As of Jun. 2024)


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What is Warner Music Group Asset Impairment Charge?

Warner Music Group's Asset Impairment Charge for the three months ended in Jun. 2024 was $0 Mil. Its Asset Impairment Charge for the trailing twelve months (TTM) ended in Jun. 2024 was $0 Mil.


Warner Music Group Asset Impairment Charge Historical Data

The historical data trend for Warner Music Group's Asset Impairment Charge can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Warner Music Group Asset Impairment Charge Chart

Warner Music Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Impairment Charge
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Warner Music Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Warner Music Group Asset Impairment Charge Calculation

Asset Impairment Charge is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Asset Impairment Charge for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.


Warner Music Group Asset Impairment Charge Related Terms

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Warner Music Group Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 150,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappel controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 73% economic interest.
Executives
Max Lousada director, officer: CEO, Recorded Music C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Carletta Higginson officer: EVP, Chief Digital Officer C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Bryan Castellani officer: Chief Financial Officer C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Valentin Blavatnik director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Entertainment Holdings Ii Llc 10 percent owner 40 WEST 57TH STREET, 28TH FLOOR, NEW YORK NY 10019
Lincoln E Benet director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Timothy Matusch officer: EVP Strategy & Operations C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Robert Kyncl officer: Co-CEO C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Nancy Dubuc director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Ai Entertainment Holdings Llc 10 percent owner C/O ACCESS INDUSTRIES, LLC, 40 WEST 57TH ST, 28TH FLR, NEW YORK NY 10019
Louis Dickler officer: Acting CFO & Corp. Contr. C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Noreena Hertz director C/O WARNER MUSIC GROUP CORP., 1633 BROADWAY, NEW YORK NY 10019
Cecelia Kurzman director 237 PARK AVENUE, REVLON, 14TH FLOOR, NEW YORK NY 10017
Thomas H Lee director C/O THOMAS H. LEE CAPITAL LLC, 767 FIFTH AVENUE, 6TH FLOOR, NEW YORK NY 10153
Michael Lynton director 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067