Warner Music Group restructures operations to boost revenue growth

United States

Dow Jones Newswires

Last Updated: Aug. 1, 2024 at 6:12 p.m. ET
First Published: Aug. 1, 2024 at 5:25 p.m. ET

Warner Music Group WMG is restructuring its core recorded music operations globally with key executive changes at Atlantic Music Group and other regional hubs to drive revenue growth.

The entertainment and record label conglomerate on Thursday said that Max Lousada, longtime chief executive of Recorded Music, has decided to step down as part of the reorganization.