UPDATED: Sadly ’tis the season…
- Long rumored layoffs at Epic Records have begun…(Billboard)
- In May of 2007 CBS bought bought Last.fm for $280 million. Yesterday they layed off 20 members of its 95 person staff calling the move further "integration".
- Deep staff cuts continue at independent distributor/one stop Alliance Entertainment. Sources have it’s Innovative Distribution Network shutting down entirely leaving a number of indies homeless. Parent company Source Interlink hinted at further trouble during an earnings call yesterday and the company’s stock hovered around 20 cents a share.
- Our roundup of music industry layoffs here.
- Email Hypebot your layoff news and rumors here.
