Record companies have arguably never had to prove themselves to artists like they do today. But according to Warner Records UK boss Phil Christie, the best in the field are now demonstrating their value in an assortment of ways...
A report from British tabloid The Sun published yesterday (October 16) suggested that chart-topping Atlantic Records UK artist Stormzy had a crucial hand in the exit of Ben Cook from the label. Atlantic parent Warner Music Group has just issued a categorical denial of the claim. “That’s simply not true,” a Warner spokesperson told MBW. … Continued
"[There is] continuing process for the potential sale of an additional minority stake in UMG to other partners. Some have already expressed an interest in investing at a similar price level."
“I am delighted by the strong response to this issue both from our existing shareholders and new investors. Having raised £231 million today and over £625 million since our IPO a little over a year ago"
"It has been an incredible privilege to have worked with the immensely talented artists, managers and team at Atlantic and the wider Warner family. I unreservedly apologise to anyone who has been hurt."