On February 7th local time, Warner Music released its Q1 2024 financial report as of December 31st, 2023, showing a revenue of $1.748 billion, a year-on-year increase of 17%. Among them, the revenue from recording music business was 1.445 billion US dollars, a year-on-year increase of 17%, and the revenue from music publishing business was 304 million US dollars, a year-on-year increase of 22%. The company recorded a net profit of 193 million US dollars in the first quarter, a year-on-year increase of 56%.