Roadrunner Boss Quits

artist: misc date: 11/15/2012 category: industry news
I like this
810
voted: 18
Roadrunner Boss Quits
Roadrunner president Jonas Nachsin has stepped down after 20 years at the label. Within hours of the announcement, sources told Billboard that at least nine other people had been laid off from the label, including publicist Amy Sciarretto. It follows the mass of Roadrunner cuts in April, when most international Roadrunner offices were closed and many staff let go. Nachsin was respected for his hard-rock experience, and oversaw the success of acts including Slipknot and Nickelback. The label will be under pressure to replace him with someone of a similar calbre. "I am so proud of what we have accomplished to showcase Roadrunner as not only a 'record company' but as a lifestyle and cultural beacon for fans around the globe", Nachsin wrote to staff in his final memo. "The chemistry of groundbreaking artists worked by a world-class group of truly committed employees has made Roadrunner a name with no equal over the years. That will continue." Today, Roadrunner's share of US album sales stands a 0.76%, down from a peak of 1.58% in 2009. With all these cuts, and now the loss of their long-term leader, will Roadrunner ever be the same? Has it just become a rock-friendly brand for its new owns at Warner Music Group? Share your opinion on how it stands in the comments.
Submit your story new
More misc news:
+ Vic Firth Dead at 85 General Music News 07/27/2015
+ Godsticks Releasing New Album This September, Premiere 'Below the Belt' Video Upcoming Releases 07/23/2015
+ Watch One-Handed Guitarist Play Some Mean Stoner Rock With His Band General Music News 07/22/2015
+ Metal Guitarist Nearly Loses Fingers After Cat Jumps on Blender He Was Cleaning WTF? 07/22/2015
+ This Mosh Pit Footage Recorded on a 360 Degree Camera Is Kind of Amazing Entertainment 07/22/2015
+ Talent: Guy Plays Guitar Hand With One Hand, Uses Pen as Percussion and Pick, Sounds Amazing Entertainment 07/20/2015
+ view all
Comments
Your captcha is incorrect