NEW YORK, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (the "Company") (Nasdaq: WMG) today announced the sale of an aggregate of 8,562,500 shares of the Company's Class A common stock (the "Offering") by affiliates of Access Industries, LLC (the "Selling Stockholders") to Morgan Stanley & Co. LLC, as the sole underwriter in the registered public offering of those shares. The Selling Stockholders are selling all of the shares of Class A common stock in the Offering, and the Company will not receive any proceeds from the Offering. Morgan Stanley & Co. LLC proposes to offer for sale the shares of common stock from time to time in one or more transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or otherwise at a fixed price or prices, which may be changed, subject to receipt and acceptance by it and subject to its right to reject any order in whole or in part.