Universal Music plans layoffs as part of a structure "redesign" for cost savings on its earnings call, saying it will save the company $271 million.
Universal Music Group Plans to Save $270M Per Year With 'Organizational Redesign,' Layoffs yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Tom March has been named the new chairman/CEO of Capitol Music Group, and Lillia Parsa has been named co-president of the label group alongside co-president…
Capitol Music Group and Motown Records have entered into a partnership with Glass Window Entertainment, the label founded by multiplatinum rapper Dominique “Lil Baby” Jones, with rapper Rylo Rodriguez as the first artist signed to the partnership. Terms were not disclosed, although sources tell Variety it is a multi-million-dollar deal. “Been One,” Rodriguez’s latest album, …