Warner Music Looks to Slash Artist Roster
The newly private Warner Music Group, having significantly reduced its worldwide staff, is now turning its cost-cutting efforts toward its artists. As part of the integration of Atlantic and Elektra into one label, Warner Music Group’s new management team is looking at the artist roster with the goal of paring it “from 180 to below 100,” says WMG U.S. Recorded Music chairman/CEO Lyor Cohen. The company is attempting to get the roster down to a size that’s in proportion with the organization and respectful of the acts remaining on the roster, Cohen says. It’s unclear which specific artists might get… Read more »