History And Evolution: 

Established in 1958 as the recorded music division of Warner Bros. Pictures, WMG has undergone significant transformations over the decades. In 2004, to reduce debt from the AOL merger, Time Warner sold WMG to a group of private investors leg by Edgar Bronfmsn Jr. The comanpy went public on the New York Stock Exchange in 2005, was privatised in 2011 after its sale to Access Industry and returned to the public market with a Nasdaw listing in 2020. 

Major Record Labels under WMG: 

• Warner Records: Orginally founded as Warner Bros. Recorded in 1958, it was rebranded to Warner Records in 2019. This change marked a new era for the label, highlighting its evolution and new modern identity. 

• Atlantic Records: Established in 1947, Atlantic has been instremental in shaping the careers of numerous artists across various genres, from rhythm and blues to rock and pop. 

• Elektra Records: Founded in 1950, Elektra became knwon for its diverse roster, including influenctial artists in folk, rock and alternative msuic. 

• Parlophone Records: Accquired from EMI in 2013, Parlophone boasts a rich history with iconic British acts, further expanding WMG's global footprints. 

• Reprise Records: Founded by Frank Sinatra in 1960 and later accquired by WMG, reprise has been home to legendary artists like Neil Young and Eric Clapton.