NY false 0001319161 0001319161 2024-03-05 2024-03-05

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 8, 2024 (March 5, 2024)

 

 

Warner Music Group Corp.

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   001-32502   13-4271875

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

 

1633 Broadway,

New York, New York

  10019
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (212) 275-2000

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered under Section 12(b) of the Act:

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading

Symbol

  

Name of Exchange

on which Registered

Class A Common Stock   WMG   The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.07

Submission of Matters to a Vote of Security Holders

On March 5, 2024, Warner Music Group Corp. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, three proposals were submitted to the Company’s stockholders. The proposals are described in more detail in the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on January 18, 2024 (the “2024 Proxy Statement”). The final voting results are as follows:

Proposal 1: The Company’s stockholders elected the eleven director nominees named in the Company’s 2024 Proxy Statement to serve for a one-year term ending at the 2025 Annual Meeting of Stockholders. The voting results are set forth below:

 

Director Nominee

    For      Against      Abstain      Broker Non-Vote  

Robert Kyncl

      7,643,449,972        1,833,020        299,146        16,446,044  

Lincoln Benet

      7,588,003,447        53,528,377        4,050,314        16,446,044  

Len Blavatnik

      7,623,293,713        21,989,493        298,932        16,446,044  

Val Blavatnik

      7,585,404,909        59,877,701        299,528        16,446,044  

Mathias Döpfner

      7,630,378,919        14,903,178        300,041        16,446,044  

Nancy Dubuc

      7,643,229,086        2,053,813        299,239        16,446,044  

Noreena Hertz

      7,609,013,675        32,518,429        4,050,034        16,446,044  

Ynon Kreiz

      7,610,407,953        31,123,010        4,051,175        16,446,044  

Ceci Kurzman

      7,598,154,485        43,376,857        4,050,796        16,446,044  

Michael Lynton

      7,635,621,125        5,910,926        4,050,087        16,446,044  

Donald Wagner

      7,603,279,889        38,252,386        4,049,863        16,446,044  

Proposal 2: The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year 2024. The voting results are set forth below:

 

For

  

Against

  

Abstain

  

Broker Non-Vote

7,661,707,604   22,555   298,023   None

Proposal 3: The Company’s stockholders voted to approve the compensation paid to the Company’s named executive officers. The voting results are set forth below:

 

For

  

Against

  

Abstain

  

Broker Non-Vote

7,617,925,252   23,598,744   4,058,142   16,446,044

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  WARNER MUSIC GROUP CORP.
  By:  

/s/ Paul M. Robinson

  Name:   Paul M. Robinson
  Title:   Executive Vice President and General Counsel

Date: March 8, 2024

v3.24.0.1
Document and Entity Information
Mar. 05, 2024
Cover [Abstract]  
Entity Address, State or Province NY
Amendment Flag false
Entity Central Index Key 0001319161
Document Type 8-K
Document Period End Date Mar. 05, 2024
Entity Registrant Name Warner Music Group Corp.
Entity Incorporation State Country Code DE
Entity File Number 001-32502
Entity Tax Identification Number 13-4271875
Entity Address, Address Line One 1633 Broadway
Entity Address, City or Town New York
Entity Address, Postal Zip Code 10019
City Area Code (212)
Local Phone Number 275-2000
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Class A Common Stock
Trading Symbol WMG
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
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