WARNER MUSIC GROUP CORP (NYSE:WMG), Down By 0.73% ($0.06) From $8.220 After BUYINS.NET Report Predicted Stock Would Go Down Due
June 3, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, May 31st 2011 stating that WARNER MUSIC GROUP CORP (NYSE:WMG) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/tools/symbol_stats.php?sym=wmg
At the time this story was written, WARNER MUSIC GROUP CORP (NYSE:WMG) is Down By $0.06 (0.73%) since the BUYINS.NET report was released.
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WARNER MUSIC GROUP CORP (NYSE:WMG) - Warner Music Group Corp., a music content company, provides recorded music and music publishing services worldwide. The companys Recorded Music segment involves in the discovery and development of artists; and related marketing, distribution, and licensing of recorded music produced by such artists. This segment also markets its music catalog through compilations and reissuances of previously released music and video titles, as well as licenses recordings to and from third parties for various uses, including film and television soundtracks. In addition, this segment markets, sells, and licenses recorded music in various physical formats, such as compact discs, cassettes, LPs, and digital versatile discs (DVDs); and various digital formats, such as downloads and ringtones. The companys collection of music record labels include Asylum, Atlantic, Bad Boy, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros., and Word. Its Music Publishing segment owns and acquires rights to musical compositions, markets these compositions, and receives royalties or fees for their use. This segment owns or controls rights to approximately one million musical compositions, including various pop hits, American standards, folk songs, and motion picture and theatrical compositions. In addition, its music catalog includes approximately 65,000 songwriters and composers; and a range of genres, including pop, rock, jazz, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative, gospel, and other Christian music. Further, this segment administers the music and soundtracks of various third-party television and film producers and studios. The company markets and sells its music and DVD products to retailers and wholesale distributors. Warner Music Group Corp. was founded in 1929 and is headquartered in New York, New York.
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