The longtime Atlantic Records co-leader and Atlantic Music Group chairman/CEO announced at a town hall that she will depart at the end of January.
In the new structure, Atlantic's longtime co-leader Julie Greenwald will become chairman of Atlantic Music Group, with Elliot Grainge stepping into the role of CEO.
Also this week: Muse Group adds three chiefs, Guitar Center hires a tech leader, Gracenote welcomes a CEO and Neon Coast lights up with an RCA Nashville veteran.
The notice follows a similar declaration by Sony Music in May.
UMG, WMG and Sony are said to be considering a lawsuit against two of the most dominant AI startups in music, sources say.
After holding back its bid to acquire Believe, CEO Robert Kyncl has hired Michael Ryan-Southern to find him a new indie distributor to bolster ADA.
Billboard's Retail Track columnist joins NYC crawlers as they visit Academy Records, Rough Trade Records and other spots around town.
The Billboard Global Music Index fell 1.9% to 1,788.83 as 16 of 20 stocks lost ground this week.
Labels, streamers and promoters want to get superfans to spend more money, each with a different approach. Which will be more effective?
The decision clears a path for a consortium led by founder Denis Ladegaillerie to take the French company private.
