musicbusinessworldwide.com/multiple-layoffs-at-universal-cutting-program-continues

Few days ago UMG continued its 260M cost cutting program in more layoffs.

Shoutout to all the signed artists thar just lost their biggest advocates within the company and bout to catch an arrow to the knee

The music aint keeping the lights on (conspiracy theory time: these out of touch CEOs thinking AI is the future to invest in bout to learn a hard truth)

Radio imo been a dying artform. I was not surprised when this clip came out after seeing how hot 97 did Ebro and nem.

Changing of the guard perhaps? Or these dinosaurs gon stay stubborn until oblivion?

Thank you, AI.

@raps2

Bro i swear they had this exact headline of major layoffs like a year or two ago

They about to Skydance Paramount Warner one or two of these companies lol

Skydance?

They finna merge two of the big 3-big 4 or so labels like they just did with Paramount and Warner Bros. #spookyhours

We are in hell

Nice

AI bubble is already confirmed to burst and pretty soon, what are we going to do then?

It’s the fourth quarter layoffs are expected, Netflix just laid off a bunch of people.

we throwing something on the grill

Its been happening since 2023/2024

And it's mostly Rap being affected

Hence Rap not being a priority

it’s all of music honestly but your point is still valid

You forgot to add Cordae getting sued for 25 million dollars by his label

Support ya local independent artists, put money in their pockets, go to their live shows.