Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Macri Steven James
2. Date of Event Requiring Statement (Month/Day/Year)
09/16/2008
3. Issuer Name and Ticker or Trading Symbol
Warner Music Group Corp. [WMG]
(Last)
(First)
(Middle)
75 ROCKEFELLER PLAZA
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Chief Financial Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10019
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   (1) 02/21/2015 Common Stock, par value $0.001 per share 17,080 $ 9.14 D  
Stock Option (Right to Buy)   (2) 12/14/2017 Common Stock, par value $0.001 per share 22,000 $ 6.34 D  
Stock Option (Right to Buy)   (3) 08/14/2018 Common Stock, par value $0.001 per share 175,000 $ 7.56 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Macri Steven James
75 ROCKEFELLER PLAZA
NEW YORK, NY 10019
      EVP, Chief Financial Officer  

Signatures

/s/ Trent Tappe as attorney-in-fact 09/19/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Mr. Macri's option is scheduled to become vested and exercisable in four equal installments on February 21, 2006, 2007, 2008 and 2009 provided that Mr. Macri remains employed with the Company on each such date.
(2) Mr. Macri's option is scheduled to become vested and exercisable in four equal installments on December 14, 2008, 2009, 2010 and 2011 provided that Mr. Macri remains employed with the Company on each such date.
(3) Mr. Macri's option is scheduled to become vested and exercisable in four equal installments on August 14, 2009, 2010, 2011 and 2012 provided that Mr. Macri remains employed with the company on each such date.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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