More Universal Music Group Cutbacks: Is Geffen A Goner?
Perhaps! According to Digital Music News, the position of the label that launched Guns N’ Roses’ career within the Universal Music Group sphere is “being reanalyzed,” and there will likely be layoffs within its ranks before year’s end. There’s also debate over whether it’ll be shut down completely or live on only as an imprint that would basically exist for the sole purpose of “branding” certain artists, while having all its nuts-and-bolts functionality handled by other UMG divisions. Tips on what might be happening are, of course, always welcome–and we always keep them anonymous, too.
Question Marks Surround Fate of Geffen Records [Digital Music News]
