This certainly says that the "record" business ain't what it used to be.
Once upon a time artists like Chet Atkins and Jim Reeves remained with Nipper until they died.
But, of course, that was a different time in so many ways.
Tim Dubois is gone. Joe Galante is gone. Jackson, the first artist signed to Arista Nashville when the label was founded in 1989, is gone now too.
Alan sold more than 50 million albums for Arista in his 22 years with the imprint.
Most of us, no doubt, lack adequate words to express how sad all of this makes us feel.
Hopefully, Alan is, as usual, writing the absolutely perfect song lyric and melody right now to say it best for us.
I can't wait to hear it.
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7 years ago
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THE NEW YORK TIMES reports WARNER MUSIC GROUP "has hired the investment bank GOLDMAN SACHS to seek out potential buyers for the company, a process that will play out while WARNER continues to explore buying the beleaguered British music giant EMI. Menawhile: "Layoffs Expected Today At Universal Music Group."
A French court Friday fined Warner Music Chairman and Chief Executive Edgar Bronfman $6.7 million for misleading investors when he was a senior executive at media conglomerate Vivendi.
The court also convicted former Vivendi chief executive Jean-Marie Messier of misusing company funds and handed him a three-year suspended prison sentence.
Mr. Bronfman was convicted of "transmitting false or misleading information" about Vivendi. He was given a 15-month suspended sentence as well as the fine.
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