Warner Music Group Music Publishing — Amortization expense increased by 2.9% to $35.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.7%, from $29.00M to $35.00M. Over 3 years (FY 2021 to FY 2024), Music Publishing — Amortization expense shows an upward trend with a 7.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher investment in acquiring music catalogs, while a decrease may suggest fewer acquisitions or fully amortized assets.
Represents the systematic allocation of the cost of intangible assets, such as music copyrights and publishing catalogs,...
Standard across major music labels like Universal Music Group or Sony Music, reflecting catalog acquisition strategies.
wmg_segment_music_publishing_amortization_expense| 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 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.00M | $19.00M | $20.00M | $22.00M | $23.00M | $22.00M | $22.00M | $22.00M | $23.00M | $23.00M | $24.50M | $24.50M | $24.50M | $24.50M | $26.00M | $29.00M | $34.00M | $35.00M |
| QoQ Change | — | -9.5% | +5.3% | +10.0% | +4.5% | -4.3% | +0.0% | +0.0% | +4.5% | +0.0% | +6.5% | +0.0% | +0.0% | +0.0% | +6.1% | +11.5% | +17.2% | +2.9% |
| YoY Change | — | — | — | — | +9.5% | +15.8% | +10.0% | +0.0% | +0.0% | +4.5% | +11.4% | +11.4% | +6.5% | +6.5% | +6.1% | +18.4% | +30.8% | +20.7% |