Security Agreement Supplement



 Exhibit 4.24 
 EXECUTION VERSION 
 Security Agreement Supplement 

July 20, 2011 
 Wells Fargo
Bank, National Association, 
 As Collateral Agent and as an Authorized Representative 

625 Marquette Avenue 
 MAC 9311-110 

Minneapolis, MN 55479 
 Attention: Corporate
Trust Services 
 Facsimile: (612) 667-9825 
 Wells Fargo Bank, National Association 
 45 Broadway – 14th Floor 
 MAC N-266-140 
 New York, NY 10006 
 Attention: Corporate Trust Services 
 Facsimile: (212) 515-1589 

Re: WMG Acquisition Corp. 

Ladies and Gentlemen: 

Reference is made to the Security Agreement, dated as of May 28, 2009 (as amended, amended and restated, supplemented or otherwise
modified from time to time, the “Security Agreement”), made by the Grantors from time to time party thereto in favor of Wells Fargo Bank, National Association, as collateral agent for the Secured Parties (together with any successor
collateral agent, the “Collateral Agent”). Terms defined in the Security Agreement and not otherwise defined herein are used herein as defined in the Security Agreement. 

Section 1. Grant of Security. Each of the undersigned hereby grants to the Collateral Agent, for the ratable benefit of the
Secured Parties, a security interest in, all of its right, title and interest in and to all of the Collateral of the undersigned, whether now owned or hereafter acquired by the undersigned, wherever located and whether now or hereafter existing or
arising, including, without limitation, the property and assets of the undersigned set forth on the attached supplemental schedules to the Schedules to the Security Agreement. 
 Section 2. Security for Secured Obligations. The grant of a security interest in the Collateral by each of the undersigned under this Security Agreement Supplement and the Security Agreement
secures the payment of all Secured Obligations of each of the undersigned now or hereafter existing, whether direct or indirect, absolute or contingent, and whether for principal, reimbursement obligations, interest, premiums, penalties, fees,
indemnifications, contract causes of action, costs, expenses or otherwise. 
 Section 3. Supplements to Security
Agreement Schedules. Each of the undersigned has attached hereto supplemental Schedules I through V to Schedules I through V, respectively, to the Security Agreement, and each of the undersigned hereby certifies, as of the date first above








 
written, that such supplemental schedules have been prepared by the undersigned in substantially the form of the equivalent Schedules to the Security Agreement and are complete and correct in all
material respects. 
 Section 4. Representations and Warranties. Each of the undersigned hereby makes each
representation and warranty set forth in Section 2.06 of the Security Agreement (as supplemented by the attached supplemental schedules) as of the date hereof. 
 Section 5. Secured Obligations Under the Security Agreement. Each of the undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and
provisions of the Security Agreement to the same extent as each of the other Grantors. Each of the undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional
Grantor” or a “Grantor” shall also mean and be a reference to the undersigned. 
 Section 6.
Governing Law. This Security Agreement Supplement shall be governed by, and construed in accordance with, the laws of the State of New York. 
 [Signature Page Follows] 

  
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 Very truly yours, 

 

	
	GUARANTORS:
	
	J. RUBY PRODUCTIONS, INC.
	SIX-FIFTEEN MUSIC PRODUCTIONS, INC.
	 SUMMY-BIRCHARD, INC.
 ARTIST
ARENA LLC

	ATLANTIC PIX LLC
	FERRET MUSIC HOLDINGS LLC
	FERRET MUSIC LLC
	FERRET MUSIC MANAGEMENT LLC
	FERRET MUSIC TOURING LLC
	P & C PUBLISHING LLC
	ROADRUNNER RECORDS, INC.
	THE ALL BLACKS U.S.A., INC.
	T.Y.S., INC.
	WARNER MUSIC NASHVILLE LLC
	
	By: /s/ Paul Robinson
                                    
	Name: Paul Robinson
	Title: Vice President & Secretary of each of the above named entities listed under the heading Additional Guarantors and signing this agreement in such capacity on behalf
of each such entity


 [Signature Page to Security Agreement Supplement] 

 








	
	GUARANTORS (cont-d):
	
	615 MUSIC LIBRARY, LLC
	
	By: Six-Fifteen Music Productions Inc., its Sole Member
	
	By: /s/ Paul Robinson
                                        

	Name: Paul Robinson
	Title: Vice President & Secretary
	
	ARTIST ARENA INTERNATIONAL, LLC
	
	By: Artist Arena LLC, its Member
	
	By: /s/ Paul Robinson
                                        

	Name: Paul Robinson
	Title: Vice President & Secretary
	
	WMG ARTIST BRAND LLC
	
	By: Warner Music Inc., its Member
	
	By: /s/ Paul Robinson
                                        

	Name: Paul Robinson
	Title: Executive Vice President & Secretary


 [Signature Page to Security Agreement Supplement]