Warner Music Group Is Bending, Not Breaking: Analysis

The theme of Warner Music Group’s fiscal fourth quarter earnings on Monday was the future of music. In particular, Warner made a point to talk about a foursome of segments that can credit the pandemic for some of its success in 2020: social media, livestreaming, fitness and games.
The word “social” was used 11 times in the earnings call — once for social justice, the rest for businesses like TikTok that have labels wetting their lips in hopes of big paydays. Indoor fitnes