The changing of the guard at Atlantic Records could signal the acceleration of a generational shift — or just another sign that the old rules no longer apply.
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.
It’s all about streaming — the artists doing the best, how it helps Warner’s catalog and CEO Robert Kyncl's insistence that Spotify is not a proxy for the industry.
Total revenue for the third fiscal quarter fell 1% as BMG's distribution deal rolls off and physical recorded music sales and merchandise fall.
The longtime Atlantic Records co-leader and Atlantic Music Group chairman/CEO announced at a town hall that she will depart at the end of January.
In the new structure, Atlantic's longtime co-leader Julie Greenwald will become chairman of Atlantic Music Group, with Elliot Grainge stepping into the role of CEO.
Also this week: Muse Group adds three chiefs, Guitar Center hires a tech leader, Gracenote welcomes a CEO and Neon Coast lights up with an RCA Nashville veteran.
The notice follows a similar declaration by Sony Music in May.
UMG, WMG and Sony are said to be considering a lawsuit against two of the most dominant AI startups in music, sources say.
After holding back its bid to acquire Believe, CEO Robert Kyncl has hired Michael Ryan-Southern to find him a new indie distributor to bolster ADA.
