Tuning In To Warner Music Group (WMG)

Warner Music Group (WMG) is the subject of today’s Under 30 segment. Alex Coffey and Ben Lichtenstein discuss WMG with George Tsilis. George explains the difference between Warner Music Group (WMG) which is more of a music rights holder, producing and licensing company versus Spotify (SPOT) which is music distribution and streaming. They discuss a Morgan Stanley analyst’s new forecast of double-digit music streaming growth for years, even in a slowing economy, with music labels companies like WMG as the biggest beneficiaries in the streaming music space. George discusses differences between WMG and SPOT and their business operations.