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An Industry Reshaped.

  • Periodical
  • Billboard; 12/17/2011, Vol. 123 Issue 46, p16-17, 2p
  • An overview is presented of changes in the music industry during the year 2011, including the sale of Warner Music Group, plans for EMI Group to be broken up and sold, and major label management changes. A timeline is included, documenting events such as the appointment of Lucian Grainge as chief executive officer (CEO) of Universal Music Group (UMG), the layoff of some 60 UMG employees, and the selection of Doug Morris as CEO of Sony Music Entertainment.