TITLE

BMG MUSICAL CHAIRS

AUTHOR(S)
Gallo, Phil
PUB. DATE
March 2004
SOURCE
Daily Variety;3/25/2004, Vol. 282 Issue 64, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
RCA has raised the roof to accommodate Arista Records as BMG continues to rearrange labels and executives in the name of profitability. Arista Records, previously a stand alone company, will become a separate label under the RCA Music Group umbrella, retaining its artists as well as A&R and marketing staff. BMG has also created the Zomba Records Group to house LaFace Records, So So Def Records, Jive, Verity, Volcano and Violator, which will remain stand alone entities. BMG is awaiting a report of the European Commission on its proposed merger with Sony Music Corp.
ACCESSION #
12679340

 

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