James served as senior vp of promotion and Poole was senior director of A&R.
New CEO Thomas Coesfeld says the reorganization is part of "a strategy for future growth" for the indie company.
Meanwhile, Sony sweeps all three Publishers Quarterly categories for Q3 2023, while Warner Chappell jumps to second place on Hot 100.
The independent music company now represents the Newcastle-based artist for both publishing and recordings.
About 40 employees were let go Thursday, including executive vp, global repertoire Fred Casimir and senior vp, global repertoire Jason Hradil.
UMG Commercial Services will handle BMG's vinyl and CD distribution starting in April 2024 as the companies explore "joining forces" in other areas.
BMG acquires the reunited band’s recordings catalog.
Publishing accounted for 62% of BMG's overall take, driven by classic hits and songs by new artists like Lewis Capaldi.
Also this week: The Orchard picks an svp of artist services, Space Colonel suits up, and meet the new communicators at Partisan, Rhino and NAMM.
The deal includes Simon's royalty income and neighboring rights income to the full recorded Simon & Garfunkel catalog, including songs like "The Sound of Silence" and "Mrs. Robinson."
