News
Reports of layoffs at Interscope
The Daily Swarm reports the buzz is that there will be loads of layoffs at Interscope today, which isn’t that big of a surprise, what with the total collapse of the economy and the fact that the music industry has had one foot in the grave and the other on a banana peel for years now. One label A&R person reportedly describes it as “a bloodbath here today.” So, um…that can’t be good. For more, go here.
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Who are the big artists on Interscope right now?
Well, Eminem/50/Dre are still signed technically, but the label hasn't had a big seller in awhile.
A lot I guess......
Dr. Dre's camp probably being the most important.
http://en.wikipedia.org/wiki/List_of_current_Interscope_Records_artists
Damn. I wonder if people at the label are blaming Dre and Eminem for losing their jobs. That is a lot of money that those two would generate if they ever came out with a new album.
can't believe my buddy made the cut. he's a lucky bastard haha
Here's a bit more at Billboard Biz:
Roughly two dozen staffers were cut at Interscope Geffen A&M on Friday, according to sources. The layoffs hit the A&R, marketing and promotion departments and impacted mostly mid- and entry-level staffers, according to one source.
The layoffs come as Interscope plans for highly anticipated albums from 50 Cent, U2 and Eminem in the coming months.
http://www.billboard.biz/bbbiz/content_display/industry/e3i4c3f11f84ef6a0b1d05c370a7b297c59