WMG (Warner Music Group) Other Operating Expense : $301 Mil (TTM As of Sep. 2024)

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What is Warner Music Group Other Operating Expense?

Warner Music Group's Other Operating Expense for the three months ended in Sep. 2024 was $83 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 was $301 Mil.

Warner Music Group's quarterly Other Operating Expense declined from Mar. 2024 ($83 Mil) to Jun. 2024 ($80 Mil) but then increased from Jun. 2024 ($80 Mil) to Sep. 2024 ($83 Mil).

Warner Music Group's annual Other Operating Expense declined from Sep. 2022 ($339 Mil) to Sep. 2023 ($332 Mil) and declined from Sep. 2023 ($332 Mil) to Sep. 2024 ($327 Mil).

Warner Music Group Other Operating Expense Historical Data

The historical data trend for Warner Music Group's Other Operating Expense 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.

* Premium members only.

Warner Music Group Other Operating Expense Chart

Warner Music Group Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Other Operating Expense

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190.00

229.00

339.00

332.00

327.00

Warner Music Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Operating Expense	Get a 7-Day Free Trial															79.00	55.00	83.00	80.00	83.00

Warner Music Group Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $301 Mil.

Warner Music Group Other Operating Expense Related Terms

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Warner Music Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Warner Music Group Corp (NAS:WMG) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

WA4:Germany W1MG34:Brazil WMG:Austria

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.wmg.com

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 180,000 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 72% 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