AD

Month: October 2024

94 Results / Page 11 of 11

Background
AD

Music News

New Details Emerge About Warner Music’s Latest Layoffs — Approximately 165 Affected as Total Reorganization Savings Increase to $260 Million

New Details Emerge About Warner Music’s Latest Layoffs — Approximately 165 Affected as Total Reorganization Savings Increase to $260 Million Warner Music Group (WMG) has recently disclosed new details about its latest round of layoffs, revealing that approximately 165 employees have been affected as part of an ongoing company-wide restructuring. This move is part of a broader effort by Warner Music to streamline its operations, adapt to changing industry dynamics, and optimize its business model in the face of an […]

todayOctober 1, 2024 3

Music News

Warner Music Confirms Additional Atlantic Music Group Layoffs, Targets ‘A New Dynamic Structure’ Under Elliot Grainge

Warner Music Confirms Additional Atlantic Music Group Layoffs, Targets ‘A New Dynamic Structure’ Under Elliott Grainge Warner Music Group (WMG) has announced another round of layoffs within its subsidiary, Atlantic Music Group, as part of a strategic reorganization aimed at creating a more dynamic structure under the leadership of Elliott Grainge. This restructuring follows ongoing industry challenges, including shifts in music consumption, revenue models, and the growing importance of digital platforms. Elliott Grainge, who recently took on a prominent role […]

todayOctober 1, 2024 8

Music News

Michael Jackson Estate Takes Legal Action Over $213 Million ‘Shakedown’ by Former Sexual Assault Accuser

The Michael Jackson Estate has initiated legal action in response to what it describes as a "$213 million shakedown" by a former sexual assault accuser. This move reflects the estate's stance on protecting Michael Jackson's legacy against what it considers to be baseless and financially motivated claims. The accuser, Wade Robson, originally brought forth allegations against Michael Jackson years after the pop star's death in 2009. Robson, a well-known choreographer, previously testified in Jackson's defense during a 2005 child molestation […]

todayOctober 1, 2024 11

Music News

TikTok Shuts Down TikTok Music: A Brief Era Comes to an End

TikTok Shuts Down TikTok Music: A Brief Era Comes to an End     TikTok, the global sensation for short-form video content, has decided to shut down its music streaming service, TikTok Music. This surprising move comes as part of the company’s strategic decision-making in the competitive landscape of music streaming, where giants like Spotify, Apple Music, and Amazon Music have maintained a firm grip. Background of TikTok Music: TikTok Music was launched with the intent to leverage TikTok's massive […]

todayOctober 1, 2024 6

AD
AD
AD