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NEWS BRIEF: UMG Bolts As WMG Nears EMI Win, Twitter Hires Music Exec, Radio Axe Falls & More

Universal Vivendi has reportedly walked away from talks to buy EMI's recorded music division leaving WMG close to a deal for around $1.5 billion. (WSJ) Is Twitter getting serious about. Continue reading [https://www.hypebot.com/hypebot/2011/10/news-brief-umg-bolts-as-wmg-nears-emi-win-twitter-hires-

HypebotFaviconUniversal Vivendi has reportedly walked away from talks to buy EMI's recorded music division leaving WMG close to a deal for around $1.5 billion. (WSJ)

  • Is Twitter getting serious about music? They've hired former Disney Music marketer manager Tatiana Simonian (@drtatiana) to  head music partnerships for its Content and Programming  team.
  • Major layoffs are spreading through both Clear Channel and Cumulus radio groups.

MORE:

  • Jared Grusd, AOL SVP for business development and chief of strategy, has left for a roll at Spotify. (CNet)
  • One of our favorite marketers Charles McEnerney, who many of you know from stints at OurStage and Fast Company, has launched his own Layers Marketing.
  • Spotify has won an O Music Award for Most Addictive Social Music Service.
  • Uncle Sam slaps San Francisco radio pirate with $10k fine. (ars)