{"id":16401,"date":"2026-08-06T00:00:00","date_gmt":"2026-08-06T00:00:00","guid":{"rendered":"https:\/\/interspacemusic.com\/blog\/warner-music-group-q3-revenue-up-10-4-on-streaming-gains\/"},"modified":"2026-08-06T00:00:00","modified_gmt":"2026-08-06T00:00:00","slug":"warner-music-group-q3-revenue-up-10-4-on-streaming-gains","status":"publish","type":"post","link":"https:\/\/interspacemusic.com\/blog\/warner-music-group-q3-revenue-up-10-4-on-streaming-gains\/","title":{"rendered":"Warner Music Group Q3 Revenue Up 10.4% on Streaming Gains"},"content":{"rendered":"<p><a href=\"https:\/\/interspacemusic.com\/blog\/warner-music-group-promotes-tom-corson-to-coo-sony-music-names-general-counsel\/\"><strong>Warner Music Group<\/strong><\/a> (WMG) recorded a 10.4% year-over-year revenue increase in its fiscal third quarter, as subscription streaming growth, market share gains, and improved digital service provider (DSP) deal terms lifted both the top and bottom lines.<\/p>\n<h2>Overall Performance<\/h2>\n<ul>\n<li>Total revenue rose 10.4% (9.3% in constant currency), with streaming revenue up 12.3%.<\/li>\n<li>Adjusted OIBDA reached $433 million, a 16.1% increase (14.6% constant currency), and the margin expanded to 23.2%.<\/li>\n<li>Operating income jumped 80.5% to $305 million, reflecting stronger operations, a favorable revenue mix, and a $62 million reduction in restructuring and impairment charges compared to the prior-year quarter.<\/li>\n<\/ul>\n<h2>Recorded Music<\/h2>\n<p>Recorded music revenue grew 9.9% (8.9% constant currency), supported by gains in digital, artist services and expanded rights, and physical formats. Streaming revenue within the segment increased 11.8% (10.1% constant currency), driven by subscriber growth, market share improvements, and enhanced DSP deal economics.<\/p>\n<p>Adjusted OIBDA for recorded music rose 17.4% (15.6% constant currency) to $377 million.<\/p>\n<h2>Music Publishing<\/h2>\n<p>Music publishing revenue advanced 12.2% (10.9% constant currency), led by digital, synchronization, mechanical, and performance income. Adjusted OIBDA increased 13.5% to $109 million, aided by higher revenue and sustained operational strength.<\/p>\n<h2>Executive Commentary<\/h2>\n<p><strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Robert_Kyncl\">Robert Kyncl<\/a><\/strong>, CEO of <a href=\"https:\/\/www.wmg.com\">Warner Music Group<\/a>, said: &#8220;For the fifth consecutive quarter, WMG has delivered or over-delivered on our targets, proving the strength of our strategy and the momentum of our business. Our performance, driven by robust subscription streaming growth, market share gains, and disciplined operating leverage, highlights our ability to champion human creativity while deploying tech and AI to scale long-term profitability. We are closing the year with sharp operational focus and strong positioning to generate compounding value for our artists, songwriters, and shareholders for many years to come.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Warner Music Group posted double-digit revenue growth and higher profits in its fiscal third quarter, fueled by streaming gains and improved digital service provider terms.","protected":false},"author":1,"featured_media":16402,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[520],"tags":[7424,343,2641,29013,342,369],"class_list":["post-16401","post","type-post","status-publish","format-standard","has-post-thumbnail","category-awards-milestones","tag-financial-results","tag-music-industry","tag-recorded-music","tag-robert-kyncl","tag-streaming","tag-warner-music-group","cs-entry","cs-video-wrap"],"yoast_head":"<!-- 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