Posts Tagged ‘Warner Music Group’

Rhino Entertainment Making Some Changes

Sunday, September 27th, 2009

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Recently Rhino Entertainment has been doing some cut backs… Laying off 20% of its staff type of cut backs. An article with Billboard.biz gives the scoop. According to SoundScan, CD sales were also down 20%, so, it was mostly staff dealing directly with physical distribution that were let go. Rhino is going to continue to still release music physically, they have always been known for their box sets, but are going to focus on a more digital model now. Warner Music Group shares an interesting statement on how Rhino Entertainment is going to move into the digital world of film, television, video game, and commercial licensing and focus on the faster growing areas of the business. I think we may be seeing a lot of this kind of behavior with the companies that have yet to really shift and face the digital music.