Item 1.01 Entry into a Material Definitive Agreement.

Revolving Credit Agreement Amendment

On March 23, 2023, WMG Acquisition Corp. ("Acquisition Corp."), a subsidiary of Warner Music Group Corp., entered into an amendment (the "Revolving Credit Agreement Amendment") to the revolving credit agreement, dated January 31, 2018 (as amended by the amendments dated as of October 9, 2019, April 3, 2020 and March 1, 2021), among Acquisition Corp., the several banks and other financial institutions party thereto and Credit Suisse AG, as administrative agent, governing Acquisition Corp.'s revolving credit facility with Credit Suisse AG, as administrative agent, and the other financial institutions and lenders from time to time party thereto. The Revolving Credit Agreement Amendment provides for the replacement of LIBOR-based rates with a SOFR-based rate and other rates for alternate currencies, such as EURIBOR and SONIA.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the Revolving Credit Agreement Amendment, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.

Exhibit
Number                                    Description

10.1           Revolving Credit Agreement Amendment, dated as of March 23, 2023, by
             and among Acquisition Corp., the several banks and other financial
             institutions party thereto and Credit Suisse AG, as administrative
             agent.

104          Cover Page Interactive Data File (embedded within the Inline XBRL
             document).

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