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Operating
Segments-Recorded Music
$1,480M
Music
Publishing-Operating Segments
$362M
Revenue
$1,840M
(10.44%↑ Y/Y)
Corporate Non Segment
-$2M
Operating income
$288M
(34.58%↑ Y/Y)
Other income
$3M
(-98.04%↓ Y/Y)
Total costs and
expenses
$1,547M
(6.54%↑ Y/Y)
Net loss on
divestitures
-$5M
Income before income
taxes
$246M
(-25.45%↓ Y/Y)
Interest expense, net
-$45M
(-21.62%↓ Y/Y)
Cost of revenue
$987M
(10.40%↑ Y/Y)
Selling, general and
administrative expenses
$458M
(-3.38%↓ Y/Y)
Amortization expense
$68M
(19.30%↑ Y/Y)
Restructuring and impairments
$34M
(25.93%↑ Y/Y)
Net income
$175M
(-27.39%↓ Y/Y)
Less (income) gain
attributable to...
-$1M
(-120.00%↓ Y/Y)
Income tax expense
$71M
(-20.22%↓ Y/Y)
Net income
attributable to warner music...
$176M
(-25.42%↓ Y/Y)
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Income Statement
source: myfinsight.com
Warner Music Group Corp. (WMG)
Warner Music Group Corp. (WMG)