Friday, April 29th, 2011 at 8:42 pm
It’s legitimately the wild wild west in the music business right now. Just the same people trading places at the same major corporations hoping something is going to magically change. According to The Wrap:
Pioneering music executive Sylvia Rhone is in talks with bosses at Universal Music Group to exit as president of Universal Motown, a major label arm of the world’s largest music company.
Under one scenario, according to two persons familiar with the situation, Rhone — perhaps the industry highest-ranking female and African-American executive — would be head a new production entity fully or partly financed by Universal.
“It’s just too early” to know the outcome of the talks, a confidante of Rhone told The Wrap.