What's Going On With Warner Music Group Stock On Tuesday?

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Warner Music Group Corp. WMG shares closed higher on Tuesday.

The firm announced a new joint venture with entrepreneur Anjula Acharia.

The partnership marks the debut of 5 Junction, a new label under Warner’s umbrella aimed at uplifting artists of South Asian descent based in the United States and spotlighting existing Warner talent from South Asia and its global diaspora.

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The company said its latest initiative will closely collaborate with Los Angeles-based Warner Records, led by Tom Corson and Aaron Bay-Schuck.

Anjula Acharia, the founder of 5 Junction, brings years of cross-cultural expertise to the new venture. She emphasized that showcasing South Asian creativity isn’t about chasing trends but about acknowledging cultural truths and global influence.

Acharia, known for launching Priyanka Chopra Jonas’ Hollywood career and bridging gaps between global talent and opportunity, aims to amplify the reach of underrepresented voices in the music industry through 5 Junction.

Robert Kyncl, CEO of Warner Music Group, praised Acharia’s extensive network and entrepreneurial spirit, calling her a “creative and entrepreneurial dynamo.”

He noted the company’s early recognition of South Asian music’s potential and said this new venture is positioned to strengthen the cultural and commercial bridge between South Asia and North America. Corson and Bay-Schuck also expressed confidence in the label’s ability to scale South Asian music’s influence in the U.S. market.

5 Junction will also align with Warner Music India, which has rapidly expanded its reach across the region.

Additionally, 5 Junction will collaborate with 91 North Records, a Toronto-based joint venture between Warner Music India and Warner Music Canada, focused on blending South Asian music with Canadian influences.

Acharia’s track record connects Western superstars like Lady Gaga and Britney Spears to South Asian audiences.

She’s also invested in major startups like Bumble and ClassPass, consistently advocating for inclusive representation at the intersection of technology, culture, and celebrity.

According to Benzinga Pro, WMG stock has lost over 14% in the past year. On Monday, Morgan Stanley analyst Benjamin Swinburne downgraded Warner Music from Overweight to Equal-Weight, lowering the price forecast from $37 to $32.

Investors can gain exposure to the stock via MUSQ Global Music Industry Index ETF MUSQ.

Price Action: WMG shares closed higher by 1.15% to $28.04 on Tuesday.

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