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Guitar Center, Warner Classics, Sony Publishing, EMPIRE, Kobalt, The Orchard, Eclipse and more highlight this week's music industry executive news.
BMG has laid an estimated 40 employees amid a new restructuring of its theatrical and international sectors.
BMG layoffs hit dozens of employees in film/TV, theatrical and international marketing departments on Thursday.
BMG will support six albums through Terrace Martin's Sounds of Crenshaw label, with the first coming this summer
The biggest stories on MBW from the past seven days…