Warner Music Investor Relations Material

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It engages in recorded music and music publishing businesses; music licensing activities; and artist services, such as merchandising, brand management, and direct to consumer businesses. The company also offers a range of strategic brand partnership and distribution services to recording artists and labels. It provides its products through approximately 1,000 retail accounts, including digital retailers; independent record stores; major chain retail stores; non traditional retailers; traditional online retailers; mobile carriers and broadband providers; live venues; concert promoters; artists' fan club stores; ticketing companies; consumer brands; technology partners to distribute physical or digital products.