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.
Billboard's Retail Track columnist joins NYC crawlers as they visit Academy Records, Rough Trade Records and other spots around town.
