Atlantic Music Group
Record executive and former artist manager Abou “Bu” Thiam has formed a new partnership with Atlantic Music Group that brings his BuVision label to the Warner-owned major, Billboard has learned. As part of the deal, BuVision’s artists’ projects will now be released and marketed through Atlantic moving forward. Artists as part of the venture include […]
After the holiday period subsided, Atlantic Records kicked the year off with a bang, and are now setting records and breaking barriers because of it. The chief reason: the runaway success of Rosé and Bruno Mars’ “APT.,” which this week spends its second week atop the Pop Airplay chart after becoming the first song by a K-pop artist to top that particular chart.
It’s a remarkable achievement for an artist, and a genre, that has been making waves in the U.S. for years now, first with BLACKPINK and now as a solo artist. And it’s not just on the U.S. pop airwaves that the song has been a massive success — this week, “APT.” spends its 14th week at No. 1 on the Global Excl. U.S. chart, tying the record for the longest-running No. 1 in that chart’s history, while also returning to No. 1 on the Global 200 for a 12th week, making it officially the No. 1 song in the world once again. And it helps Atlantic Music Group executive vp of promotion Brady Bedard earn the title of Billboard’s Executive of the Week.
It’s not just “APT.” fueling this hot streak; Mars, despite not having released an album since the Silk Sonic team up with Anderson .Paak An Evening With in 2021 and without a solo album since 2016, has three songs in the top 20 of the Hot 100: “APT.,” (No. 3), “Die With a Smile” with Lady Gaga (No. 2) and “Fat, Juicy & Wet” with Sexyy Red (No. 17). It’s another big moment for Mars, who just took over as the artist with the most monthly Spotify listeners, passing 150 million in January.
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Here, Bedard talks about the success of “APT.,” how the global numbers have boosted domestic radio efforts and why Mars is having such a moment right now. “He’s one of the most talented, important, versatile artists of this century who continues to build one of the best catalogs in music,” Bedard says. “He continuously elevates both popular music and popular culture with hit after hit after hit — and judging by the world’s reaction we can all agree we are all better for it.”
This week, Rosé and Bruno Mars’ “APT.” spends its second week atop the Pop Airplay chart. It’s the first-ever song by a K-pop artist to reach that mark on that chart. What key decision(s) did you make to help make that happen?
It was the sum of all the parts. Rosé was in prime position to finally break out as a solo artist, and with the iconic touch of Bruno Mars it marked for a perfect collaboration. There was, unanimously, an irresistible energy to the song which translated in the immediate huge metrics in the U.S. and globally. Programmers ear-picked it from the start, as did their audience. Starting with our chart debut until reaching No. 1, the weekly airplay growth was textbook. It’s almost never a straight line to get to the top of any airplay chart, but this one was as close as it gets to perfect.
Has K-pop become more accepted at pop radio now, or was there something in particular about this song and campaign that made it particularly effective?
The answer really is both. Now more than ever K-pop is seen as part of the pop pantheon. Beata Murphy at KIIS in Los Angeles created a two-hour specialty show — iHeartKPOP with JoJo — that now runs across every iHeart Pop airplay station on Sunday nights. That didn’t exist a year ago.
In the specific case of Rosé, genres get “labeled” a lot in the pop airplay sphere based on the type of artist — that’s a K-pop artist, or that artist is a country or rock artist, etc — and while “APT.” is by a K-pop artist and that rightfully should be celebrated, when all those labels are stripped away at its core it’s just a really great pop song by an incredible rising pop artist.
At the same time, the song ties the record for the longest reign at No. 1 on the Global Ex-U.S. chart, at 14 weeks. How does that tangible global success help you in the promotions world?
The work the core team at the label provides is essential to what we do in promotion. Of course, starting with the music, Rosé’s Atlantic A&R Gelareh “G” Rouzbehani and then on to [VP of marketing] Jackie Wongso running point on the crucial marketing efforts, [executive vp of streaming and sales] Drew Maniscalo on the commerce side working in tandem with Liz Drummey and the global marketing team. With [Atlantic senior manager of digital] Kyle Viti pushing the massive digital footprint, and [Atlantic senior director of media] Ted Sullivan on the press side rolling out strategic media appearances all with identifiable eye-popping creative integration from [vp of creative] Trevor Newton in partnership with THEBLACKLABEL is nothing short of invaluable. The massive success their teams did here in the US and globally armed us with the information and positioning our promotion team needed to give our radio partners the confidence in this record week after week. We couldn’t have maximized what we did on the airplay charts without their expertise and insight.
Between “APT.,” “Die With a Smile” with Lady Gaga and the Sexyy Red-assisted “Fat Juicy & Wet,” Bruno has three songs in the top 20 of the Hot 100, even without having put out a solo album in almost a decade now. What makes him such an enduring hitmaker, and how do you help boost that on radio?
And look at the sonic array of those three songs! Radio is drawn to him in the same way everyone else is. He’s one of the most talented, important, versatile artists of this century who continues to build one of the best catalogs in music. He continuously elevates both popular music and popular culture with hit after hit after hit — and judging by the world’s reaction we can all agree we are all better for it.
How has the job of promotions at a record label changed over the course of your career?
Having great music and strong relationships remains core to the art of promotion. The shift is really in the strategy. In general, when I started 25 years ago, promotion teams pushed a song on the radio to work toward breaking an artist or song. Radio airplay drove the consumer into the malls and retail record outlets to buy the music — a model that worked for decades. In today’s dominant streaming and social media climate, once an artist or song is identified and verified as a winner inside of the various forms of data and metrics, then we amplify with the radio audience to take it to another level — bigger and with a long-tail effect. How much audience and how many formats can we reach in a campaign? How many songs can we reach with chart topping success? And then, once we get there, how long can we stay there? That makes the promotion work navigating radio and its hundreds of millions of weekly audience impressions as important as it has ever been.
What predictions do you have or trends are you keeping an eye on in the music business for 2025?
I predict we will continue to see a rise in more genre-bending hit songs finding their way across multiple airplay charts.
Drop the needle on the latest Executive Turntable, Billboard’s weekly compendium of promotions, hirings, exits and firings — and all things in between — across the music business.
There’s a solid slate of personnel news this week, which in the last 24 hours has been awash with big moves from Universal Music Group (see ICYMI down there, eh). When you’re done picking your jaw up off the floor, peruse our annual list of the industry’s biggest power players, our weekly interview series spotlighting a single c-suiter and our calendar of notable industry events.
Clay Hunnicutt departed his role as executive vp of label operations at Big Machine Label Group. Hunnicutt joined BMLG in 2019 as GM of the Big Machine Records imprint and was promoted to his most recent assignment, focusing on business development, partnerships and catalog initiatives across the BMLG family of labels, in January 2024. Prior to BMLG, he spent four years leading Big Loud Records, where he shepherded a team developing Morgan Wallen. Before joining label life, Hunnicutt spent 27 years in radio, including long stretches at Clear Channel and iHeartMedia, where he rose to executive vp and GM of national programming platforms. Hunnicutt, who made Billboard’s Country Power Players list in 2023, broke the news of his departure with Country Aircheck, telling them that “moving on is always bittersweet.” The industry veteran has not announced where he’ll land next.
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Atlantic Music Group named Alex Figueroa (aka “Figs“) as vice president of creative, where he’ll work alongside president of creative Dave Rocco to expand the label’s artistic reach and vision. Figs will collaborate with artists across Atlantic, 10K Projects and 300 Entertainment, integrating creative, content, and digital strategy to strengthen artist branding. Previously, Figs served as head of content and head of creative at 10K Projects, where he played a key role in the success of Artemas’ global hit “I Like the Way You Kiss Me” and helped secure Teezo Touchdown’s feature on BETWEEN FRIENDS’ “Redlight.” He also signed influential artists like Aminé, who scored a hit on the Hot 100 in 2016, with the No. 11-peaking “Caroline.” Expressing gratitude to his former team at 10K, he emphasized the importance of collaboration, stating, “Nothing great is ever built alone.”
Capitol Records hired Brian “Busy” Dackowski as executive vp and head of pop/rock digital marketing for the storied label. Based out of Capitol headquarters in Los Angeles, he will lead digital marketing strategies for the label’s pop and rock releases. Busy joins from Atlantic Records, where he spent over 20 years, most recently as evp of viral marketing and analytics. He played a key role in launching Bruno Mars and Ed Sheeran and led successful campaigns for Fred again.., Charlie Puth, Ty Dolla $ign and others. He also oversaw digital marketing for the Barbie and Twisters soundtracks. Tom March, chairman and CEO of Capitol Music Group, praised Busy as one of the best music marketers globally. “Having him lead our digital marketing team is going to be a gamechanger for all the artists on our roster,” he said.
Tiara Hargrave // SLANG
Tiara Hargrave has been appointed general manager of SLANG, the nascent independent label under Influence Media. Hargrave will oversee operations and lead the Blackrock-backed label’s growth following a busy half-year since launching with rapper and Oscar winner Will Smith as its first signee. Since her appointment, SLANG has helped Smith snag his first No. 1 Gospel song, “You Can Make It,” and guided rapper Truththebull’s “Hype Me Up” to viral status. Previously, she was evp and GM at Alamo Records, working with artists like Lil Nas X, Lil Durk and Kid Cudi. The Baltimore native has also held key roles at Columbia Records, Universal Music Group and Red Bull. Based in New York, Hargrave will oversee a diverse roster that also includes multi-platinum producer Camper, GRAMMY-winning producer 30 Roc, rapper/singer Leaf, The Underachievers, Isaia Huron and RY XP.
Sphere Entertainment appointed Glenn Derry as executive vp of MSG Ventures, where he’ll oversee tech-centered initiatives and support Sphere Studios and the overall Sphere platform. Reporting to chief executive Jim Dolan, he will be based at Sphere Studios in Burbank, Calif. Derry joins from AGBO, where he was president of production technology, and previously served as vp of visual effects at 20th Century Fox Studios. Earlier, he founded Technoprops, an R&D firm specializing in motion capture, and developed a groundbreaking head-mounted camera system, earning an Academy Technical Achievement Award. His work includes blockbuster films like Avatar, Rogue One: A Star Wars Story, and Avengers: Age of Ultron. Derry got his start in practical effects and puppetry before transitioning into visual effects and virtual production. Dolan highlighted Derry’s impact on the entertainment industry as a creative technologist, adding, “his expertise will be an asset to Sphere as we continue to build on this next generation entertainment medium and reinforce our position at the forefront of immersive experiences.”
Wise Music Group elevated Dirk Lange to managing director of UK Rights Companies, overseeing Chester Music, Novello and Co, Campbell Connelly and Sparta Florida. Lange will relocate from Hamburg to London in April, succeeding Wiebke Busch, who’ll transition to a part-time role in Berlin to support the company’s classical rights division. Lange has a strong background in A&R, artist management and synch, having worked with labels and publishers throughout his career. Since 2007, he has been with Wise Music’s Berlin-based Bosworth Music, serving as head of synch and later as European creative director for new talent. He has signed prominent writers like Ólafur Arnalds and David Sylvian. “Dirk has some of the best ears in the business,” said CEO Marcus Wise. “He’s already well known to many of the composers on our roster. I’m confident his move to London will deliver significant success locally in discovering new talent, identifying acquisitions, and managing our core classical and contemporary music activities in all genres.”
AEG Presents promoted four key members of its global touring staff. Jonathan Baden is now senior vp of production and direct support, overseeing touring and festival production teams. Jenny Heifetz has been elevated to senior vp of global touring, expanding her role in operations and select tours. Lindsay Dworman and Elizabeth Pickrel, formerly directors of touring, are now vps of global touring, with Dworman’s focus on booking and managing tours, and Pickrel’s plate now including international touring. “Our global touring team is only as good as the people in it and the artists we work with” said Rich Schaefer, president global touring at AEG Presents.
NASHVILLE NOTES: Reel Muzik Werks launched the Nashville-based publishing division 507 Publishing, which will be home to writers, artist and producers in the fields of country, pop, rock and Contemporary Christian. The 507 Publishing team will include Madison Policastri (who will lead the A&R department) and A&R coordinator/producer Cooper Carr … SOURCE Nashville, the nonprofit supporting professional women across Music City, set its officers: Kari Barnhart (Studio Bank) as president, Mallory Pascal (KBFM) as vice president, Kasey Cleckler (Cape & Anchor) as secretary, and Beth Tyson (FBMM) as treasurer.
The Country Music Hall of Fame and Museum’s Troubadour Advisory Council has announced its 2025 leadership team and new council members. Elizabeth Lombardi from CAA has been named chair, with Zach Farnum (117 Entertainment), Nina Jenkins Fisher (Jody Williams Songs) and Brenden Oliver (Country Music Association) as vice-chairs. The 2025 council members include Scott Adkins, Karli Berman, Christopher Beverly, Kasey Cleckler, Katie Cline Moore, Emily Dryburgh, Taylor Edwards, Alex Hall, Brittney Hitch, Cody Kirby, Nathan Pyle, Carter Robinson, Molly Shehan, Casey Thomas, Josh Tomlinson and Max Vanberg. –Jessica Nicholson
ICYMI:
Jeffrey Remedios
Bell Partners Worldwide acquired Gotee Records and Emack Music Publishing, launching Bell Partners Christian Music with Joey Elwood and Toby McKeehan in leadership roles … Julie Adam is the new CEO of Universal Music Canada, with Jeffrey Remedios shifting to REPUBLIC … After Cindy Mabe‘s sudden departure as CEO and chairman of Universal Music Group Nashville, UMG appointed Mike Harris as CEO and Dave Cobb as chief creative officer … Dina LaPolt launched content producer LaPolt Media. [Keep Reading]
Last Week’s Turntable: BMI Lifer Eyes Retirement
Cara Donatto has been appointed executive vp of media strategy for Atlantic Music Group (AMG). In her new role, the Los Angeles-based music industry veteran will oversee publicity and communications strategy and execution as she collaborates with artists across the company’s roster and label brands.
The new appointment reunites Donatto with her former alma mater. Prior to her most recent post as executive vp, head of media strategy & communications at Interscope Geffen A&M since 2019, Donatto served as Atlantic’s senior vp of publicity.
In an announcement release, Atlantic Music Group CEO Elliot Grainge said, “Cara is one of the most experienced, impactful and well-liked people in our business. Over the past two decades, she’s played an essential role in the long-term development of a string of chart-topping artists, while building invaluable relationships at every level of the music and media community. I’m pleased to welcome her to our new Atlantic leadership team, and I know her many friends at the label are very happy to have her back.”
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“I’m incredibly excited to return to Atlantic Music Group as the company begins a dynamic new chapter,” stated Donatto. “I’m thrilled to reunite with so many amazing artists I’ve worked with previously, as well as help build the careers of the label’s fantastic new signings and collaborate with the AMG team. I want to thank Elliot for this wonderful opportunity. This feels very much like both a homecoming and a brand new adventure.”
Among the acts on AMG’s roster are Bruno Mars, Cardi B, Coldplay, Charli XCX, Ed Sheeran, Lizzo and Rosé. Mars, in addition to Janelle Monáe and Missy Elliott, were among the various artists that Donatto worked with during her earlier Atlantic tenure.
During her five years at Interscope Geffen A&M, Donatto oversaw media strategy for a roster that included Billie Eilish, Dr. Dre, GloRilla, Kendrick Lamar, Lady Gaga, Reneé Rapp and Olivia Rodrigo. She also supervised the company’s Grammy and Oscar Awards strategy and campaigns. Before starting her first tenure with Atlantic, Donatto was director of media & artist relations at Island Def Jam Records. Before that, she served as manager of publicity for Vibe and Spin.
Brady Bedard has been appointed as the executive vice president of promotion for Atlantic Music Group, transitioning from a 26-year career at Sony Music and Columbia Records, where he most recently served as senior vp of pop promotion. In his new role, Bedard will take the lead on promotion strategies for the Atlantic, 300 and 10K Projects labels.
Bedard’s career has been marked by significant contributions to the success of high-profile artists such as Adele, Beyoncé, Harry Styles, Miley Cyrus, BTS, and many more. A native of the Twin Cities, he began his career as a college rep for Sony Music in 1998. Over the years, he progressed through roles in marketing and radio promotion, eventually landing his most recent position in 2018. His expertise spans multiple genres and a deep understanding of the evolving radio and music landscape.
AMG CEO Elliot Grainge praised Bedard’s extensive experience and strong industry connections, emphasizing his ability to navigate the complexities of promotion.
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“He’s expertly navigated the ever-shifting radio landscape for more than a quarter century, with a passionate devotion to the music and deep relationships across the industry,” said Grainge.
Bedard’s appointment is part of a broader leadership restructuring under Grainge, who recently also named Alana Dolgin as the label’s first president of digital marketing, underscoring AMG’s focus on digital innovation.
This leadership evolution aligns with broader strategic initiatives at Warner Music. In last week’s earnings call, Warner CEO Robert Kyncl commended Atlantic and Warner Records for driving growth through innovative talent discovery and promotion. He highlighted the success of 10K Projects, a joint venture between Warner and AMG, attributing its rapid growth to Grainge’s digitally driven strategies. Kyncl also lauded Grainge’s intensity — “I love that about him,” he said — and decisive leadership, which he believes attracts top talent.
Bedard expressed enthusiasm for his new role, citing Atlantic’s legacy of artist development and its strong reputation in radio promotion.
“Having spent my entire career so far at one company, the only other place I could ever imagine working is one with such a rich history of artist development and genre-spanning roster as WMG,” said Bedard. “Atlantic is a legend in the radio promotion business, and to join the company at this transformational moment is tremendously exciting. I want to thank Elliot for this amazing opportunity.”
Alana Dolgin has joined Atlantic Music Group as the label’s first president of digital marketing, a position created to drive digital strategies across the labels within the company, including Atlantic Records, 300 Entertainment and 10K Projects. Dolgin, who is based in AMG’s Los Angeles office, reports to chief operating officer Zach Friedman and general manager […]
Julie Greenwald, the longtime co-leader of Atlantic Records who has become synonymous with the iconic label over the past 20 years, penned an exit letter to the Atlantic staff ahead of her departure from the label. Greenwald’s last day as chair/CEO of Atlantic Music Group will be Sept. 30; she will remain as a consultant through January.
“I’ve been thinking about this goodbye letter for the past few weeks,” Greenwald wrote. “For someone who is never short on words, this one has been a real challenge.”
Greenwald, one of the top leaders in the business overall in the past three decades, became president of Atlantic in 2004, before becoming co-chair/COO in 2006, alongside co-chair/CEO Craig Kallman and chairman/CEO of Atlantic Music Group in 2022. Greenwald and Kallman led the label through a dynamic period in which they helped break superstars such as Ed Sheeran, Bruno Mars, Coldplay, Kelly Clarkson, Cardi B, Foster the People, Charli XCX, Charlie Puth, Lizzo, James Blunt, Portugal The Man, Twenty One Pilots, Panic! At the Disco, Kehlani, Ty Dolla Sign and more. She has built a reputation not just for being beloved by artists, but for being beloved by her staff and as a key mentor in the industry, particularly for rising women executives. She was named Executive of the Year at Billboard’s Women in Music event in 2017, and a fixture on the Power 100 each year.
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Greenwald’s exit is part of the larger overhaul of the Warner Music Group that WMG CEO Robert Kyncl announced in August, which will see her and many of her top Atlantic executives exit the company as Elliot Grainge prepares to take over as Atlantic Music Group CEO on Oct. 1.
Read Greenwald’s full letter below.
To All My Friends, Family and Colleagues,
I’ve been thinking about this goodbye letter for the past few weeks.
For someone who is never short on words, this one has been a real challenge.
I came into Atlantic Records 9 months pregnant with a mission on my back to rebuild the house that Ahmet created.
Lucky for me, I found a partner ready to roll up his sleeves and start something new.
Craig and I were in lock step, sharing one vision, not to be the biggest company in the industry, but to be the best.
We wanted to create a risk taking culture that rewarded creativity.
For all of the old crew, remember our magic number was 34 albums a year. And our strategy worked.
We signed, nurtured and delivered some of the greatest artists on the planet. No matter how long the single took, or how many mixtapes or albums, we stayed in the fight. The weirder the marketing plan, the better.
Our goal wasn’t simply a plaque, but selling lots and lots and lots of hard tickets.
MSG was first in our sights and then came the O2.
World building wasn’t a buzz word we threw out in pitch meetings, but a true accomplishment.
I subscribe all of our successes to the perfect melding of extraordinary artists meet the most gifted employees.
For everyone who has passed through Atlantic High, Elektra, FBR, Roadrunner, 300 and WMG, I can not say thank you enough.
(And when I see you in person, I will properly do so.)
To Lyor, Steve, and Max, I am filled with tremendous gratitude for all the support and generosity you gave us throughout our years.
It was always a team effort.
To my day one partners Craig, Kyser and Sheila, I will be eternally grateful for one of the greatest rides in the history of the music business.
To Len, Robert, Elliot, Zach and Tony, I’m handing over the keys to Ahmet’s house. I wish you all the best and will remain the greatest cheerleader for all things Atlantic.
And to all my artists, I will never stop being your #1 Fan.
Love,
Julie
McHale’s Bar & Grill, a pub in midtown Manhattan, bills itself as “the best Irish bar in NYC.” It opens bright and early, at 10 a.m. on weekdays; it also happens to be right around the corner from Warner Music Group’s New York office. And on Thursday (Sept. 19), it was crammed full of Atlantic Music Group employees gathering to honor colleagues who had been laid off earlier that day. Several staffers clambered onto chairs to deliver spontaneous speeches about their time at the storied label.
McHale’s “is the only thing open during the day in that area,” says one employee who survived the cuts. At the impromptu gathering, “Lots of people who have been at Atlantic for 10- or 20-plus years said they loved being able to work with everyone. People were feeling supported since a lot of staff had been let go” — around 150 layoffs in total, according to WMG’s SEC filing.
Multiple sources stress that these departures, as well as the new regime being put in place by incoming Atlantic Music Group CEO Elliot Grainge, represent a seismic shift for Atlantic — a generational changing of the guard. A number of high-profile executives will be leaving the company, including Atlantic Music Group CEO Julie Greenwald, who co-led Atlantic for nearly 20 years; WMG’s CEO of recorded music Max Lousada, who had been at WMG for decades; 300 Elektra Entertainment chairman/CEO Kevin Liles; Atlantic general manager Paul Sinclair; and Atlantic co-president of Black music Michael Kyser, along with several department heads at both Atlantic and Elektra Records.
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In the wake of the cuts, sources say the Elektra side of 300 Elektra Entertainment is down to fewer than 20 people; Warner announced that 3EE president Gregg Nadel will move to become co-chair of Warner Music Nashville, but did not mention a replacement. (Lousada and Liles will also not be replaced.) Atlantic made further cuts to its radio team, which now has fewer than 10 employees, having already been hit in previous waves of layoffs. The label slashed the publicity department to just a handful of people.
In addition, Atlantic and Elektra eliminated their touring teams, which help artists with promotion and production on the road. The creative departments of Atlantic and 300 — the staffers who help furnish artists with the content they need in a visual, social media-driven age — suffered losses as well. And the label cut some A&R executives.
All these vanished jobs are the latest sign that the definition of a major label is transforming rapidly. “The old advantages that a big label had in the past, radio and press and TV, those just aren’t as powerful as they were,” says Jonathan Daniel, a veteran artist manager. The industry is trying to “remodel what a major label is, because the old way is unsustainable at this point.”
That retooling process has led to a number of layoffs at both WMG and Universal Music Group over the last 18 months. (Cuts at Sony Music have been more moderate, sources have said, at least so far.) Executives in traditional departments, like radio and press, have been especially vulnerable. And companies have tried to reduce overlapping roles at frontline labels in favor of a shared central system of services.
Grainge, 30, has expressed disdain for the more sprawling, old-fashioned major label model in the past. In 2016, he founded the label 10K Projects, which has billed itself almost as an anti-major: Small and fleet-footed instead of large and lumbering, with a heavy focus on modern tools (digital marketing) at the expense of more old-fashioned ones (radio). He has had success with this approach, helping boost the early careers of artists like Ice Spice, XXXTentacion and Trippie Redd.
Several Atlantic staffers started to worry about the possibility of additional staff cuts in August, as soon as WMG unexpectedly announced that Grainge would replace Greenwald starting October 1. In the past, major leadership changes at labels have often been accompanied by layoffs. Roughly 20 years ago, for example, not long after Lyor Cohen took over as chairman/CEO of WMG, the company let go of around 1,000 employees.
That said, the record business was shrinking then, rather than growing. And WMG had already made three rounds of cuts in the past 19 months before last week’s layoffs.
Some executives believe that Atlantic Music Group, which has struggled to produce new breakout artists in the last two years, was still too big and too inefficient, even after the previous reductions in staff. It’s nearly impossible to turn a massive ship quickly, and speed is crucial in what WMG CEO Robert Kyncl recently called a “fast-paced, fiercely competitive industry.”
The company’s realignment is intended to strengthen the core Atlantic Music Group structure while also making it more flexible, so it can throw its full weight behind artists at Atlantic, 300 or Elektra at any given time, sources say. “Elliot is confident in the team he’s put in place and they’re all focused on moving the needle,” a source inside WMG tells Billboard. The mission, this person continues, is focusing on “artists, artist development, great music. With all the anxiety about changes, there is excitement about the future, too.”
But others wonder if deep cuts will ultimately affect a label’s ability to deliver on behalf of its artists. “They’re smart people; obviously there’s some sort of plan” with the restructure and the layoffs, says Motti Shulman, who exited his role as senior vp of rhythm promotion at 300 Elektra Entertainment in 2023. “But if you keep cutting the fat, at some point you dig into the muscle. I think they’ve gone beyond the fat.”
Earlier this month, WMG employees say Grainge spent time in the company’s Los Angeles and New York offices along with Zach Friedman and Tony Talamo, who are set to become chief operating officer and general manager of Atlantic Music Group, respectively. Several Atlantic staffers believed that the incoming leadership was evaluating their work and weighing who might be cut.
When layoffs began in New York last Thursday, a number of employees were told they were being let go in individual meetings with Greenwald — who had, in many cases, played an instrumental role in hiring them, sometimes decades ago. Some staffers started to call the artists they had collaborated with to notify them that they had been laid off. Others updated their LinkedIn profiles: #OpenToWork.
Historically, when labels cut a lot of employees — as Universal Music group did in 1999, and WMG did in 2004 — they often trim artist rosters as well. Specific employees often champion specific artists in the building; if those cheerleaders are gone, the label may in turn sever ties with the acts they cheered for. On top of that, remaining staff might be spread too thin to aid as many acts as it did previously. Many managers are still waiting to hear if their artists will be affected in the shakeup.
Todd Rubenstein, a veteran music lawyer, has been watching the steady drumbeat of layoffs across the major labels since the start of 2023. “I find it all sad,” he says. “Not just from the human level of people losing their jobs, but everyone was already complaining before about what labels were not doing for their artists. What happens now that a hundred people got let go?”
On Monday (Sept. 23), Atlantic started trying to answer that question. The company announced a “new era” and a series of promotions. “We are committed to a single principle,” Grainge said in a statement. “Maximum impact for original artists.”
As Elliot Grainge prepares to take over as the new CEO of Atlantic Music Group on Oct. 1, he unveiled his new leadership team today (Sept. 23).
Craig Kallman, the longtime co-chairman/CEO of Atlantic Records, will now take on the title of chief music officer for Atlantic Music Group. Additionally, Zach Friedman and Tony Talamo, the former co-presidents of 10K Projects, which Grainge founded and sold to Warner Music Group last year, will become AMG’s chief operating officer and general manager, respectively. Erica Bellarosa will be general counsel, and former Republic chief creative officer Dave Rocco has been named president of creative.
At Atlantic Records, Lanre Gaba has been promoted to president of hip-hop, R&B and global music; Lu Mota has been named head of A&R for hip-hop, R&B and global music; and Marsha St. Hubert has been named head of marketing for hip-hop, R&B and global music. Kevin Weaver will retain his title as president of the West Coast, while Brandon Davis and Jeff Levin will be executive vps and co-heads of A&R for pop and rock. Marisa Aron will now take over as head of marketing for pop and rock.
Rayna Bass and Selim Bouab will remain as co-presidents of 300 Entertainment, while Nicholas Ziangas and Molly McLachlan have been promoted to co-presidents of 10K Projects. The announcement says that more announcements will be made shortly, and does not include leadership for Elektra Records, except to say that former president Gregg Nadel will be moving to a new role within the Warner Music Group.
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“Atlantic Music Group is home to the most extraordinary artists and executives in the world,” Grainge said in a statement. “This great label has moved through a meaningful transition, and emerged with a world-class team, made up of ambitious innovators and veteran visionaries. We have a plan to build on the extraordinary achievements of the last twenty years, honor the independent DNA of our labels, and collaborate with artists to pioneer a future filled with opportunity. To all our artists, managers, and partners, we are committed to a single principle — maximum impact for original artists. We’re looking forward to doing big, bold, brave things together.”
The announcement of the new structure follows an announcement last week about a reorganization of the Atlantic Music Group, through which several key leaders at Atlantic, 300 and Elektra departed the company, with layoffs of some 150-175 employees. That process is said to have been completed last week. Additionally, today’s announcement confirmed that 10K will continue as a standalone label under AMG, while Elektra, Fueled By Ramen and Roadrunner will continue as imprints.
“AMG will be lean, agile, fiercely creative, and deeply passionate about artists and their fans,” Warner Music Group CEO Robert Kyncl said in a statement. “We’re opening an exciting new chapter in the story of an iconic label. Elliot’s thoughtfully chosen a team that combines a wealth of experience, a diversity of expertise, and a commitment to excellence.”
Warner Music Group is going through a transformational year by cutting costs, reducing its headcount and restructuring some label groups to save an estimated $260 million on an annualized basis, the company disclosed Thursday (Sept. 19).
According to a Warner Music Group SEC filing that details the reduction in headcount and financial impact of the company’s ongoing restructuring plan, the total head count reduction increased from 600 after February’s announcement to 750 people with Thursday’s update. The filing did not specify that all 150 additional job losses could be attributed to the Atlantic Music Group layoffs announced Thursday. Billboard’sinitial report on the layoffs stated that between 150 and 175 people would be affected.
WMG also updated the pre-tax cost savings, on an annualized basis, from “about $200 million” to “about $260 million,” meaning the company expects to save an additional $60 million annually. The restructuring plan’s severance costs increased $70 million to $210 million. The “significant majority” of severance payments and other termination costs from this year’s restructuring are expected to be paid by the end of fiscal 2026, according to the filing. WMG will pay approximately $30 million in the current fiscal year (ending Sept. 30) and about $85 million in fiscal 2025.
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“WMG is transforming swiftly this year, in a fast-paced, fiercely competitive industry,” CEO Robert Kyncl wrote Thursday in an internal memo to staff. “As always, delivering outstanding results for artists and songwriters is our highest priority in all our choices.”
WMG began its restructuring plan in February by announcing it would sell its owned and operated media properties and eliminate some corporate and support roles. As Billboard reported at the time, WMG reduced its headcount by 10% of the company’s workforce, or 600 people. Not all of that reduction in staff was the result of layoffs, however. Uproxx, HipHopDX and Dime Magazine were sold to a duo of media veterans: Uproxx founder and CEO Jarret Myer and Complex founder and CEO Rich Antoniello, in consortium with musician will.i.am.
This latest round of layoffs came two weeks before 10K Projects founder and CEO Elliot Grainge assumes the position of Atlantic Music Group CEO on Oct. 1 (the first day of WMG’s new fiscal year). Atlantic chairman/CEO Julie Greenwald announced her departure just five days after WMG announced Grainge would take the helm. Separately, Max Lousada, the London-based CEO of recorded music for WMG, stepped down and his role was eliminated. Kevin Liles, current chairman and CEO of 300 Elektra Entertainment, is also exiting the company without replacement.
Atlantic’s ranks were further thinned on Thursday with the departures of high-level executives at both Atlantic Records and Elektra Records, including Atlantic executive vp/GM Paul Sinclair and co-president of Black music Michael Kyser, as well as head of marketing Grace James, head of press and media Sheila Richman and head of touring Harlan Frey. At Elektra, head of business and legal affairs Margo Scott, head of marketing Katie Robinson, head of sales and streaming Adam Abramson, head of promotion and streaming Aimee Vaughan-Fruehe and co-head of Roadrunner Records Chris Brown were all also let go.