WHO OWNS WARNER MUSIC GROUP CORPORATION?

Warner Music Group Corp is a music entertainment company. The Company operates through two segments: Recorded Music and Music Publishing. It owns a portfolio of record labels, including Atlantic Records, Warner Records, Elektra Records and Parlophone Records. Recorded Music business primarily consists of the discovery and development of recording artists and the related marketing, promotion, distribution, sale and licensing of music created by such recording artists. Its Recorded Music business is conducted principally through its record labels, such as Atlantic Records and Warner Records. Music Publishing is an intellectual property business focused on generating revenue from uses of the musical composition itself. The operations of its Music Publishing business are conducted principally through Warner Chappell Music, its global music publishing company. Its catalog includes various songwriters and composers and a range of genres, including pop, rock, jazz, alternative and gospel. Tencent Music Entertainment Group is one of the major shareholders with 7.2% worth $284,000,000. Warner Music Group is the 3rd largest music company in the world valued at $18 Billion, outpaced by Sony and Universal Music Group. Below are the shareholders of the company.