Discontinued — last reported Q4 '16

Products & Services · Cost of Goods Sold

License — Cost of Goods Sold

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ4 2015
Last reportedQ4 2016Dec 20, 2018

How to read this metric

A decrease relative to licensing revenue indicates improved margins and better cost control over royalty obligations, whereas an increase may signal higher payout requirements or unfavorable contract terms.

Detailed definition

This metric captures the direct costs associated with generating licensing revenue, including royalty payments due to so...

Peer comparison

Comparable to cost of revenue or royalty expense line items found in the financial statements of music labels and digital media rights management firms.

Metric ID: wmg_segment_license_cost_of_goods_and_services_sold

Frequently Asked Questions

What does license — cost of goods sold mean?
The direct costs incurred to earn licensing revenue, primarily consisting of royalty payments to artists and songwriters.