Warner Music Group is cutting 4% of its global staff, in what its chief executive Robert Kyncl described as part of an effort to "evolve" the music giant. The cuts, announced Wednesday in a staff ...
Global music and streaming revenues grew 10% in 2023, but amid mass layoffs and restructuring, executives warn of a ...
Warner Music Group will ... The latest WMG cut comes less than a year after the company announced in March 2023 that it would ...
By Elias Leight editor In January 1999, Universal Music Group laid off hundreds of employees during a wave of consolidation with PolyGram. “The biggest staff ... 25 years later, UMG is expected ...
Teddy Swims, the singer-songwriter behind “Lose Control,” has signed a new global publishing deal with Warner ... 4” and “Speed Dating.” Nominated in 2018 for best regional Mexican music ...
The IFPI Global ... 4.7%. Even digital downloads, that deadest duck of a format, were only down 2.6%, while the panel all had good news stories to report. Leila Oliveira, President of Warner Music ...
Marie-Anne Robert, MD, Sony Music Entertainment France, suggested that artists are returning to label contracts in order to cut through ... artists around Warner Music’s global network, helping ...
Started cutting workers in its music streaming division in Latin America, North America and Europe, the company confirmed November 8. Said in a memo to staff ... 4 that it has laid off 25% of ...
As Forbes has reported, Warner ... and global teams that supported the launch. "This was new to everyone, so we were all finding our feet, but we learned a lot as a team." No corners were cut ...
In recent months, labels and streaming platforms have been cutting staff to prepare ... greatest share of global recorded music revenues (40.9%), there was a gain of 7.4% in 2023 in the USA ...