Licensing — Revenue
Warner Music Group Licensing — Revenue decreased by 14.0% to $104M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.0%, from $105M to $104M. Over 4 years (FY 2021 to FY 2025), Licensing — Revenue shows an upward trend with a 11.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests successful expansion into new media partnerships or higher demand for catalog assets, while a decrease may indicate contract expirations or reduced demand for licensed content.
Detailed definition
This metric represents the total gross revenue generated from licensing intellectual property, including synchronization...
Peer comparison
Peers like Universal Music Group and Sony Music report similar licensing revenue under synchronization and public performance categories.
wmg_segment_licensing_revenueHistorical Data
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $74M | $70M | $89M | $80M | $75M | $87M | $97M | $98M | $92M | $95M | $179M | $104M | $90M | $128M | $110M | $105M | $111M | $126M | $121M | $104M |
| QoQ Change | — | -5.4% | +27.1% | -10.1% | -6.3% | +16.0% | +11.5% | +1.0% | -6.1% | +3.3% | +88.4% | -41.9% | -13.5% | +42.2% | -14.1% | -4.5% | +5.7% | +13.5% | -4.0% | -14.0% |
| YoY Change | — | — | — | — | +1.4% | +24.3% | +9.0% | +22.5% | +22.7% | +9.2% | +84.5% | +6.1% | -2.2% | +34.7% | -38.5% | +1.0% | +23.3% | -1.6% | +10.0% | -1.0% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Warner Music Group's licensing — revenue?
- Warner Music Group (WMG) reported licensing — revenue of $104M in Q1 2026.
- How has Warner Music Group's licensing — revenue changed year-over-year?
- Warner Music Group's licensing — revenue decreased by 1.0% year-over-year, from $105M to $104M.
- What is the long-term trend for Warner Music Group's licensing — revenue?
- Over 4 years (2021 to 2025), Warner Music Group's licensing — revenue has grown at a 11.6% compound annual growth rate (CAGR), from $291M to $452M.
- What does licensing — revenue mean?
- Total revenue earned from granting third parties the right to use the company's music catalog in various media.