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Posts Tagged “when your tenure is described as 'raping and pillaging,' that's a bad sign”

when your tenure is described as 'raping and pillaging,' that's a bad sign

Prepare To Be Shocked: WMG Execs Possibly Incompetent

Talk about a buried lede: The industry insiders at HITS Daily Double decide to write about Alex Zubillaga's exit from the sinking ship that is the Warner Music Group, information that is news to a select group of people. As WMG head Edgar Bronfman's brother-in-law, Zubillaga's departure is a little strange, and the fact that neither Bronfman nor Lyor Cohen's deals have been extended past their expiration a year from now is also interesting. But the real news comes a bit further down the page: When the higher-ups at WMG purchased Roadrunner Records, they "forgot" to check the contract of the band they bought the entire label for in the first place, and who they're now trying to negotiate with in a last-ditch effort to make good on their investment. More »