from Rock & Rap Confidential/1999

On January 21, Universal Music Group announced the first phase of a protracted downsizing, firing 91% of Motown’s employees, 85% at A&M, 79% at Geffen, 40% at Mercury and Island. Of course, this is just the prelude to dumping up to 250 artists by mid-summer....

[from Rock & Rap Confidential/1999]

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