2. Introduction
• Warner Music Group (WMG) also known as Warner Music is
an American major global record company.
• It was formerly owned by Time Warner; the worlds largest
media conglomerate.
• It is the worlds third largest music company (first is Universal
Music Group).
• WMG also owns Warner/Chappell Music, one of the world's
largest music-publishing companies.
• It was announced on October 31, 2011 that WMG was in talks
to acquire music company.
• The goal of WMG was to combine with EMI and form a
company that would effectively compete with the two other
largest music groups: Universal and Sony Music
Entertainment.