S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Bowlero Corp. stock logo
BOWL
Bowlero
$11.91
-0.8%
$13.03
$8.85
$15.68
$1.78B0.51.06 million shs789,424 shs
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
$26.50
+0.2%
$25.14
$17.65
$26.63
$18.35B0.824.42 million shs1.46 million shs
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
$89.98
+0.4%
$99.01
$64.96
$107.24
$20.77B1.32.30 million shs2.70 million shs
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
$37.90
+0.8%
$38.26
$27.55
$40.81
$1.56BN/A484,261 shs401,828 shs
Warner Music Group Corp. stock logo
WMG
Warner Music Group
$32.97
-0.4%
$34.12
$23.62
$38.05
$17.07B1.461.47 million shs1.26 million shs
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Bowlero Corp. stock logo
BOWL
Bowlero
-1.03%-6.84%-8.68%-2.12%-23.63%
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
+0.38%+0.15%+7.31%+7.61%+7.87%
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
-2.37%-12.70%-13.82%-1.69%+32.31%
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
-0.63%-5.03%-1.83%+12.31%-38.05%
Warner Music Group Corp. stock logo
WMG
Warner Music Group
-0.57%-4.00%+0.12%-9.04%+7.67%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Bowlero Corp. stock logo
BOWL
Bowlero
3.8818 of 5 stars
3.52.01.70.01.44.22.5
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
3.759 of 5 stars
3.25.01.70.01.85.00.6
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
4.7689 of 5 stars
4.52.00.03.61.82.52.5
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
1.3975 of 5 stars
1.31.00.00.03.23.32.5
Warner Music Group Corp. stock logo
WMG
Warner Music Group
3.2202 of 5 stars
2.33.01.70.01.93.32.5

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Bowlero Corp. stock logo
BOWL
Bowlero
3.00
Buy$18.6756.80% Upside
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
2.30
Hold$29.3010.57% Upside
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
3.00
Buy$115.7028.58% Upside
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
2.57
Moderate Buy$39.835.10% Upside
Warner Music Group Corp. stock logo
WMG
Warner Music Group
2.65
Moderate Buy$36.8811.87% Upside

Current Analyst Ratings

Latest LYV, EDR, WMG, BOWL, and MSGE Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/18/2024
Warner Music Group Corp. stock logo
WMG
Warner Music Group
Loop Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetHold ➝ Hold$36.00 ➝ $38.00
4/16/2024
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
TD Cowen
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$108.00
4/15/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral$29.00 ➝ $27.50
4/11/2024
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$124.00 ➝ $119.00
4/5/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight ➝ Neutral$30.00 ➝ $27.50
4/5/2024
Warner Music Group Corp. stock logo
WMG
Warner Music Group
Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$46.00 ➝ $45.00
4/4/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Hold$29.00 ➝ $27.50
4/3/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
Evercore ISI
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform ➝ In-Line$28.00 ➝ $27.50
4/3/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Neutral$31.00 ➝ $27.50
4/3/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
Guggenheim
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Neutral$36.00 ➝ $27.50
4/2/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral
(Data available from 4/19/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Bowlero Corp. stock logo
BOWL
Bowlero
$1.06B1.68$1.03 per share11.57$0.92 per share12.94
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
$5.96B3.08$0.61 per share43.52$16.65 per share1.59
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
$22.75B0.91$5.02 per share17.91$2.55 per share35.29
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
$851.50M1.83$3.12 per share12.13($1.54) per share-24.61
Warner Music Group Corp. stock logo
WMG
Warner Music Group
$6.04B2.83$1.70 per share19.44$0.83 per share39.72

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Bowlero Corp. stock logo
BOWL
Bowlero
$82.05M$0.1866.1429.04N/A6.33%98.75%1.61%5/15/2024 (Estimated)
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
$356.52M$1.0425.4822.081.915.98%1.05%0.45%5/9/2024 (Confirmed)
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
$315.84M$1.3367.6542.64N/A2.48%118.42%2.93%5/2/2024 (Confirmed)
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
$76.60M$1.5424.6127.872.268.03%-94.05%5.98%5/16/2024 (Estimated)
Warner Music Group Corp. stock logo
WMG
Warner Music Group
$430M$0.8837.4723.552.097.42%128.86%6.16%5/9/2024 (Confirmed)

Latest LYV, EDR, WMG, BOWL, and MSGE Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/9/2024N/A
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
$0.36N/A-$0.36N/AN/AN/A
5/9/2024N/A
Warner Music Group Corp. stock logo
WMG
Warner Music Group
$0.10N/A-$0.10N/AN/AN/A  
5/2/2024N/A
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
-$0.21N/A+$0.21N/AN/AN/A  
2/28/2024Q4 2023
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
$0.07$0.07N/A$0.17$1.55 billion$1.58 billion
2/22/2024Q4 2023
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
-$1.13-$1.22-$0.09-$1.22$4.72 billion$5.84 billion
2/7/2024Q2 2024
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
$1.90$2.59+$0.69$2.59$385.92 million$402.67 million      
2/7/2024Q1 2024
Warner Music Group Corp. stock logo
WMG
Warner Music Group
$0.43$0.30-$0.13$0.30$1.68 billion$1.75 billion    
2/5/2024Q2 2024
Bowlero Corp. stock logo
BOWL
Bowlero
$0.12-$0.01-$0.13$0.42$300.46 million$305.67 million

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Bowlero Corp. stock logo
BOWL
Bowlero
$0.221.85%N/A122.22%N/A
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
$0.240.91%N/A23.08%N/A
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
N/AN/AN/AN/AN/A
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
N/AN/AN/AN/AN/A
Warner Music Group Corp. stock logo
WMG
Warner Music Group
$0.682.06%+40.10%77.27%3 Years

Latest LYV, EDR, WMG, BOWL, and MSGE Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/1/2024
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
Quarterly$0.060.97%3/14/20243/15/20243/29/2024
2/5/2024
Bowlero Corp. stock logo
BOWL
Bowlero
Variable$0.05502/22/20242/23/20243/8/2024
2/12/2024
Warner Music Group Corp. stock logo
WMG
Warner Music Group
Quarterly$0.171.87%2/21/20242/22/20243/1/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Bowlero Corp. stock logo
BOWL
Bowlero
46.80
1.22
1.14
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
0.43
1.24
1.24
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
9.30
0.96
0.96
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
N/A
0.47
0.47
Warner Music Group Corp. stock logo
WMG
Warner Music Group
6.50
0.70
0.67

Ownership

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Bowlero Corp. stock logo
BOWL
Bowlero
10,083149.72 million65.07 millionNot Optionable
Endeavor Group Holdings, Inc. stock logo
EDR
Endeavor Group
10,000692.48 million124.09 millionOptionable
Live Nation Entertainment, Inc. stock logo
LYV
Live Nation Entertainment
31,700230.80 million224.22 millionOptionable
Madison Square Garden Entertainment Corp. stock logo
MSGE
Madison Square Garden Entertainment
5,82041.12 million33.42 millionOptionable
Warner Music Group Corp. stock logo
WMG
Warner Music Group
5,900517.88 million138.02 millionOptionable

LYV, EDR, WMG, BOWL, and MSGE Headlines

SourceHeadline
Music Industry Moves: Cindy James Promoted to General Manager of Virgin Music Group, North AmericaMusic Industry Moves: Cindy James Promoted to General Manager of Virgin Music Group, North America
msn.com - April 19 at 7:48 AM
Warner Music Group (NASDAQ:WMG) PT Raised to $38.00 at Loop CapitalWarner Music Group (NASDAQ:WMG) PT Raised to $38.00 at Loop Capital
marketbeat.com - April 18 at 12:13 PM
Ghanas Stonebwoy inks new deal with Warner Music Group, debuts new single Ekelebe feat. Odumodu BlvckGhana's Stonebwoy inks new deal with Warner Music Group, debuts new single 'Ekelebe' feat. Odumodu Blvck
ghanaweb.com - April 16 at 7:17 PM
Warner Music Group job ad reveals initial details of its ‘superfan app’Warner Music Group job ad reveals initial details of its ‘superfan app’
musicbusinessworldwide.com - April 16 at 4:13 PM
Warner Music Group Corp. (NASDAQ:WMG) Shares Sold by Allspring Global Investments Holdings LLCWarner Music Group Corp. (NASDAQ:WMG) Shares Sold by Allspring Global Investments Holdings LLC
marketbeat.com - April 16 at 5:24 AM
DekaBank Deutsche Girozentrale Raises Stock Holdings in Warner Music Group Corp. (NASDAQ:WMG)DekaBank Deutsche Girozentrale Raises Stock Holdings in Warner Music Group Corp. (NASDAQ:WMG)
marketbeat.com - April 14 at 5:19 AM
Warner Music Group Corp.Warner Music Group Corp.
barrons.com - April 14 at 2:17 AM
Stonebwoy Inks New Deal With Warner Music Group; Debuts New Single Ekelebe ft Odumodu BlvckStonebwoy Inks New Deal With Warner Music Group; Debuts New Single 'Ekelebe' ft Odumodu Blvck
peacefmonline.com - April 13 at 3:54 PM
Warner Music South Asia Officially LaunchesWarner Music South Asia Officially Launches
celebrityaccess.com - April 12 at 6:48 PM
Stonebwoy signs deal with Warner Music’s ADA WorldwideStonebwoy signs deal with Warner Music’s ADA Worldwide
myjoyonline.com - April 12 at 1:48 PM
Executive Turntable: Jay Mehta Launches Warner Music South Asia; BMI’s New Number; MaMA Founder RetiresExecutive Turntable: Jay Mehta Launches Warner Music South Asia; BMI’s New Number; MaMA Founder Retires
msn.com - April 12 at 1:48 PM
Jay Mehta to head up newly launched Warner Music South AsiaJay Mehta to head up newly launched Warner Music South Asia
musicweek.com - April 11 at 8:01 PM
Warner Music Group launches Warner Music South Asia, led by Jay MehtaWarner Music Group launches Warner Music South Asia, led by Jay Mehta
musicbusinessworldwide.com - April 11 at 8:01 PM
Jenni Pfaff elevated to EVP, Strategy, Integration, and Operations, at Warner Chappell MusicJenni Pfaff elevated to EVP, Strategy, Integration, and Operations, at Warner Chappell Music
musicbusinessworldwide.com - April 10 at 9:48 AM
Warner Music Group Corp. To Conduct Earnings Conference Call on Thursday, May 9, 2024Warner Music Group Corp. To Conduct Earnings Conference Call on Thursday, May 9, 2024
globenewswire.com - April 10 at 9:00 AM
Music Industry Moves: Music Will to Honor Josh Groban, Rhiannon Giddens and Andra DayMusic Industry Moves: Music Will to Honor Josh Groban, Rhiannon Giddens and Andra Day
msn.com - April 10 at 12:18 AM
WMG will not be making an acquisition offer for BelieveWMG will not be making an acquisition offer for Believe
musically.com - April 10 at 12:18 AM
Warner Music Will Not Make A Bid For BelieveWarner Music Will Not Make A Bid For Believe
celebrityaccess.com - April 9 at 2:07 PM
Believe (BLV) stock falls after Warner Music decision, Bernstein downgradeBelieve (BLV) stock falls after Warner Music decision, Bernstein downgrade
za.investing.com - April 8 at 12:53 PM
Warner Music Wont Bid for Believe After AllWarner Music Won't Bid for Believe After All
msn.com - April 8 at 12:53 PM
Warner Music Group (NASDAQ:WMG) Stock Price Up 3.8%Warner Music Group (NASDAQ:WMG) Stock Price Up 3.8%
marketbeat.com - April 8 at 11:38 AM
REFILE-UPDATE 1-Germany leads European stocks higher; ECB policy meet in focusREFILE-UPDATE 1-Germany leads European stocks higher; ECB policy meet in focus
finance.yahoo.com - April 8 at 7:52 AM
Warner Music Group wont be bidding to acquire BelieveWarner Music Group won't be bidding to acquire Believe
musicweek.com - April 6 at 4:56 PM
Warner Music decides against a bid for French label BelieveWarner Music decides against a bid for French label Believe
msn.com - April 6 at 4:56 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Company Descriptions

Bowlero logo

Bowlero

NYSE:BOWL
Bowlero Corp. operates bowling entertainment centers under the AMF, Bowlmor Lanes, and Bowlero brand names. The company also provides hosting and overseeing professional and non-professional bowling tournaments and related broadcasting. It operates bowling centers in the United States, Mexico, and Canada. The company is headquartered in Mechanicsville, Virginia.
Endeavor Group logo

Endeavor Group

NYSE:EDR
Endeavor Group Holdings, Inc. operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc., Professional Bull Rider, and Euroleague. The Events, Experiences & Rights segment provides services to live events, including sporting events, fashion, art fairs and music, culinary, lifestyle festivals, and major attractions. This segment also distributes sports programming; and operates events on behalf of third parties. The Representation segment offers services to talent across entertainment, sports, and fashion, such as actors, directors, writers, athletes, models, musicians, and other artists in various mediums. This segment provides brand strategy, marketing, advertising, public relations, analytics, digital, activation, and experiential services to corporate and other clients; intellectual property licensing services to a portfolio of entertainment, sports, and consumer product brands, including clients' licensing logos, trade names, and trademarks representation. The Sports Data & Technology segment delivers live streaming and data feeds for sports events to sportsbooks, rightsholders, and media partners, as well as on-demand virtual sports products and front-end solutions, including the UFC Event Centre. This segment also specializes in betting engine products, services and technology, and bet processing, as well as trading, pricing, and risk management tools; player account and wallet solutions; front-end user experiences and user interfaces; and content offerings, such as BetBuilder, DonBest pricing feeds, and a sports content aggregation platform. The company was founded in 1898 and is based in Beverly Hills, California.
Live Nation Entertainment logo

Live Nation Entertainment

NYSE:LYV
Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients and consumers with marketplace for tickets and event information through mobile apps, other websites, retail outlets, and its primary websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories. This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online, and promotional programs; rich media offering that comprises advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.
Madison Square Garden Entertainment logo

Madison Square Garden Entertainment

NYSE:MSGE
Madison Square Garden Entertainment Corp. engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sports events, and other live events, such as family shows, performing arts events, and special events. Its operations include a collection of venues, the entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production. The company was formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York.
Warner Music Group logo

Warner Music Group

NASDAQ:WMG
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company was founded in 1929 and is headquartered in New York, New York.