Warner Music Group generated $92m from ’emerging platforms’ in calendar Q3

Warner Music Group categorizes revenue from a bunch of social, gaming, and video streaming platforms – Facebook/Instagram, TikTok, Snapchat, and Roblox amongst them – as “alternative” or “emerging” platforms. In September 2021,  Warner Music Group was generating around$273 million annually from these platforms (on a run-rate basis) across recorded music and music publishing combined. A year on, that figure has an increased by around +$100 million.

Source: Warner Music Group generated $92m from ’emerging platforms’ in calendar Q3 – and other takeaways from Steve Cooper’s last earnings call with WMG

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