Longtime promotion executives Greg Dorfman, John McMann, Tim Dalbec and Mark Chotiner were all let go from the label last week.
Atlantic execs Jeff Levin and Ian Cripps will helm the new label, which has been named Atlantic Outpost.
The executive, who was most recently at Columbia, brings over artists 4Batz and Sailorr in his new deal.
Also this week: Sphere hires a tech visionary, AEG Presents goes on a promotion spree and there's a new SLANG general manager in town.
Marking her return to the label, the industry veteran will be based in Los Angeles.
The longtime co-leader of the iconic label will be leaving her position as CEO of Atlantic Music Group next week after 20 years.
The new executive structure will include several Atlantic veterans as well as former 10K Projects executives, as the new-look Atlantic takes shape.
This year’s restructuring plan has reduced WMG’s head count by 750 and will save $260 million annually.
Warner Music CEO Robert Kyncl announced that additional employees will be departing the label as Elliot Grainge prepares to take over as CEO.
Tracing the rapid ascent of the 30-year-old record executive (and son of UMG’s Lucian Grainge), from his early entrepreneurial ventures to his industry-shaking new role.
