March 24, 2017 10:34 AM ET

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Company Overview of Warner Bros. Records Inc.

Company Overview

Warner Bros. Records Inc. provides music recording services. It offers hip hop, pop, and rock music songs. The company was founded in 1958 and is based in Burbank, California. Warner Bros. Records Inc. operates as a subsidiary of Warner Music Group Corp.

3300 Warner Boulevard

Burbank, CA 91505-4632

United States

Founded in 1958

Phone:

818-846-9090

Fax:

818-846-8474

Key Executives for Warner Bros. Records Inc.

Chairman and Chief Executive Officer
Age: 50
President
Founder
Chief Operating Officer
Chairman of Recorded Music - Americas & the U K, Vice Chairman of WMG and Chief Executive Officer of Recorded Music - Americas & the U K
Age: 57
Compensation as of Fiscal Year 2016.

Warner Bros. Records Inc. Key Developments

Warner Music Appoints Phil Christie as President of Warner Bros. Records UK

Warner Music UK announced the appointment of Phil Christie to the position of president of Warner Bros. Records UK, reporting to Max Lousada, chairman and CEO, Warner Music UK. Christie is promoted from Warner Bros. Records UK Head of A&R, a role he has held since 2014. In his new position he will be responsible for the creative and strategic direction of the celebrated label, whose roster boasts an array of global superstar acts and influential artists such as Muse, Enya, Prince, Linkin Park, Michael Buble, Jason Derulo, Green Day, Biffy Clyro, Foals and Royal Blood. Christie joined Warner Bros. Records from Warner/Chappell where his signings included London Grammar, Ben Howard, Tom Odell and Royal Blood.

Warner Bros Records Appoints Larry Mattera as Executive Vice President, Commerce, Digital Marketing and Strategy, Effective November 2, 2015

Warner Bros Records has announced the appointment of Larry Mattera for the post of executive vice president, commerce, digital marketing and strategy. Mattera will resume the office from 2nd November, 2015 and will report to Warner Bros. Records CEO Cameron Strang. Mattera will oversee the commercial activities of the label across all the traditional and digital platforms and will be responsible for digital marketing initiatives and strategies.

American Federation of Musicians and Employers' Pension Fund Sues Atlantic Recording Corporation, Hollywood Records, Sony Music Entertainment, Universal Music Group Recordings, Inc, and Warner Brothers Records, Inc

The American Federation of Musicians and Employers' Pension Fund (AFM Pension Fund) has sued Atlantic Recording Corporation, Hollywood Records, Sony Music Entertainment, Universal Music Group Recordings, Inc, and Warner Brothers Records, Inc. for failing to make pension fund contributions. The suit states that the five recording companies failed to make pension fund payments from foreign audio stream revenue and foreign and domestic ringback revenue. Last year independent auditors discovered that the recording companies had not made the required revenue payments from foreign audio streams, ringbacks, and foreign non-permanent downloads. Attempts to reconcile the issues outside of court have been ongoing for several months to no avail. Suit was filed in New York. This is the fifth lawsuit filed against major media corporations for contract violations in the past few months. The suit seeks payment for all missing revenue owed the AFM Pension Fund, late payment penalties, interest, damages and legal costs.

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