Davis Polk advised the representatives of the several underwriters, in connection with the $1.925 billion initial public offering of 77,000,000 shares of Class A common stock of Warner Music Group Corp., sold by the selling stockholders. The Class A common stock is listed on the Nasdaq under the symbol “WMG.”

Warner Music Group is one of the world’s leading music entertainment companies. Its renowned family of iconic record labels, including Atlantic Records, Warner Records, Elektra Records and Parlophone Records, is home to many of the world’s most popular and influential recording artists. In addition, Warner Chappell Music, the company’s global music publishing business, boasts a catalog that includes timeless standards and contemporary hits, representing works by over 80,000 songwriters and composers, with a global collection of more than 1.4 million musical compositions.

The Davis Polk capital markets team included partners Michael Kaplan and Derek Dostal, counsel Jeffrey S. Ramsay and associate Michael F. Power. The intellectual property and technology transactions team included partner Frank J. Azzopardi and associates Christopher C. Woller and Chelsea Renter. The tax team included counsel Ethan R. Goldman and associate Alexander J. Hendin. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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