Warner Music Group is a major music company that was formerly owned by Time Warner but is now owned by Access Industries. It was founded in 1958 and represents artists across many genres including pop, indie, rock, and punk such as Arctic Monkeys, ABBA, Beyoncé, and Fleetwood Mac. While physical music sales declines hurt Warner Music Group, it has adapted to streaming and seen revenue increase 13% to $770 million this year.