Master P “Percy Miller” founder and CEO of record label No Limit Records is taking a stand and is now aiming to change the way he once was by dropping his explicit lyrics and opting for something more subtle.
While Master P tries to clean up, Warner Music Group is getting rid of the old and coming with the new by laying off hundreds of workers. The label which is the parent company of labels such as Atlantic Records, Elektra Records, Asylum, Bad Boy Records, Roadrunner Records, East West Records and others will be focusing more on the digital world. According to reports the cuts will leave the door open for hiring those to help flourish the digital operations. Layoffs are stated to be periodically. Revenue for the company in 2006 was a reported $3.502 Billion.
As for Def Jam, who recently hired on Jermaine Dupri in February as president of urban music, the company is stated to be also laying off workers but not as drastic as Warner Music Group. Def Jam has already began their layoffs which begin on Monday and Tuesday the week of May 7, 2007. Included in the layoff, according to reports, were a Senior National Director Of Mixshow Promotions, an A&R manager, the entire staff of Roc La Familia (responsible for international promotions), a creative departments member, and an staff member of the artists development. Island Def Jam is a member of the Universal Music Group, a subsidiary of the French Vivendi corporation.
While Def Jam is laying off workers, the new president of urban music Jermaine Dupri had a bout with the police on May 9th in West Hollywood. According to reports it is stated to have been racial profiling due to him riding in his Lamborghini. However the label executive stated to sources that it was nothing and he just had loud exhaust pipes, tinted windows and platinum motor plates. Ok, they couldn’t see who was driving so why not pull you over and find out. Isn’t there hundred of cars and trucks riding around with loud pipes and tinted windows? Hmmm.