Mail Stop 3-5 April 28, 2005 Via U.S. Mail David H. Johnson Executive Vice President and General Counsel Warner Music Group 75 Rockefeller Plaza New York, New York 10019 Re: Warner Music Group Corp. Form S-1; Amendment No. 3 Filed April 22, 2005 File No. 333-123249 Dear Mr. Johnson: We have reviewed your filing and have the following comments. Where indicated, we think you should revise your document in response to these comments. If you disagree, we will consider your explanation as to why our comment is inapplicable or a revision is unnecessary. Please be as detailed as necessary in your explanation. In some of our comments, we may ask you to provide us with supplemental information so we may better understand your disclosure. After reviewing this information, we may or may not raise additional comments. The purpose of our review process is to assist you in your compliance with the applicable disclosure requirements and to enhance the overall disclosure in your filing. We look forward to working with you in these respects and welcome any questions you may have about our comments or on any other aspect of our review. Feel free to call us at the telephone numbers listed at the end of this letter. We note your disclosure relating to any decrease in the amount of proceeds below $574 million. If the offering is a firm commitment offering, supplementally explain how this disclosure is consistent with a firm commitment. Furthermore, revise your current disclosure to prioritize the purposes for which the net proceeds will be used clearly indicating what will be decreased first. ******************** We will consider a written request for acceleration of the effective date of the registration statement as a confirmation of the fact that those requesting acceleration are aware of their respective responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the securities specified in the above registration statement. We will act on the request and, pursuant to delegated authority, grant acceleration of the effective date. We direct your attention to Rules 460 and 461 regarding requesting acceleration of a registration statement. Please allow adequate time after the filing of any amendment for further review before submitting a request for acceleration. Please provide this request at least two business days in advance of the requested effective date. Direct any questions on the financial statements and related disclosure Theresa Messinese at (202) 942-1785, or Michael Fay at (202) 942-1907. Direct any other questions to Hanna Teshome at (202) 942-2975, or in her absence to me at (202) 942-1850. Sincerely, Max A. Webb Assistant Director cc: via facsimile (212) 455-2502 Edward P. Tolley, III Esq. Simpson Thacher & Bartlett LLP ?? ?? ?? ?? Warner Music Group March 28, 2005 Page 1