"We have no idea when payment will be made, which is so unfortunate," says one attorney whose client contributed to Vultures 1.
The longtime co-leader of the iconic label will be leaving her position as CEO of Atlantic Music Group next week after 20 years.
The new executive structure will include several Atlantic veterans as well as former 10K Projects executives, as the new-look Atlantic takes shape.
The Ebonie Smith-produced project also spotlights Valerie Simpson, June Jordan, Gwendolyn Bennett and others.
Elliot Grainge, who has publicly criticized major labels, will now helm Atlantic Music Group. Those who have worked with him predict how that change may go.
“We fully embraced her vision, her plan, her ideas and helped her bring BRAT to life,” says Atlantic Records vp of marketing Marisa Aron.
In addition to helming Pure Tone Records, Ganbarg will continue to A&R a number of acts for Atlantic Records Group.
Chair/CEO Julie Greenwald said the layoffs will be "primarily happening in our radio and video teams," adding that new hires will come on in digital and social media roles.
Two labels led the way with Victoria Monét and SZA (RCA) and Fred Again.., Paramore and Barbie (Atlantic), but honors were largely even across top categories and genres.
The Hayley Williams-fronted group has completed its 20-year deal with the major label.
