Trading under the 'WMG' ticker on the Nasdaq, Warner Music finished with a gain 20.5 per cent at US$30.12, up from its US$25 IPO price.— Reuters pic

NEW YORK, June 4 — Warner Music Group, one of the globe’s “big three” recording companies, jumped in its market debut yesterday after raising more than US$1.9 billion (RM8.1 billion) in an initial public offering that underscores how streaming has reinvigorated the industry.