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More Atlantic Music Group Staff Reductions
The layoffs continued at ATLANTIC MUSIC GROUP (AMG). On TUESDAY (9/17) 300 ENTERTAINMENT CEO KEVIN LILES announced he was leaving. It’s speculated an additional 150 to 200 employees will be cut from AMG.
Multiple media sources have reported these Execs are or will be among the reductions:
MICHAEL KAISER, ATLANTIC Black Music Group Pres.
PAUL SINCLAIR, GM/EVP
GRACE JAMES, EVP/Head of Marketing
SHEILA RICHMAN, EVP/Press & Media Strategy
MARGOT SCOTT, 300 ENTERTAINMENT EVP/Head of Business & Legal Affairs
CHRIS BROWN, ROADRUNNER RECORDS Co-Head
KATIE ROBINSON, 300 ENTERTAINMENT Head of Marketing
ADAM ABRAMSON, ELEKTRA Head of Sales & Streaming
AIMEE VAUGHN-FRUEHE, 300/ELEKTRA EVP/Head of Promotion & Streaming
HARLAN FREY, ATLANTIC RECORDS SVP/Touring
FAIRLEY MCCASKILL, ATLANTIC VP/Press & Media Strategy
This is the fourth round of layoffs within the AMG umbrella in 18 months. Earlier this year, about 4% or approximately 270 employees were let go. During the reorganization this might not be the final round of layoffs.
10K PROJECTS Founder ELLIOT GRAINGE is set to take over as ATLANTIC MUSIC GROUP CEO on OCTOBER 1st. As part of the restructuring, 10K PROJECTS will be integrated into AMG’s roster of labels –ATLANTIC RECORDS, ELEKTRA, and 300 ENTERTAINMENT.