British exec Toby Andrews took over as GM of Capitol Music Group-owned dance label Astralwerks last year and has guided it to the No.1 dance label position in the US...
The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day.
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."