Warner Music Group Is Darsana Capital Partners’ 10th Largest Position
Darsana Capital Partners LP increased its Warner Music Group stake to about 2.28%, holding 11,943,199 shares after buying an additional 93,199 shares during the quarter. The position was valued at $323.3 million at quarter end. Warner Music Group reported $1.86 billion in quarterly revenue, above analysts’ $1.81 billion expectation, with 85.50% return on equity and a 9.20% net margin.