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Original Message

RE: WARNER MUSIC GROUP

Posted by AbeCollins on August 13, 2020 at 06:32:00:

"Does the asylum think it is worth owning as stock, given the fact a good portion of it is made up of the classical catalogue. But it has lots of pop stars plus a good jazz catalogue..Just a query?"

Not for me. I don't buy stocks based on hobby interests like music.

Now WarnerMedia owns HBO, Warner Bros. Turner. WarnerMedia is a business unit under AT&T. At the current price for "T" I would consider them instead as a dividend play in an income focused portfolio.