Staff Cuts Hit Geffen, Interscope

[Funeral]

They cut 15 people.  Relax.  You are reading WAY too much into it. 

-F

[Jaci_Roxx]

They cut 15 people.? Relax.? You are reading WAY too much into it.?

-F

BTW, does anyone know how many people work for them?

[gunns1]

They cut 15 people.? Relax.? You are reading WAY too much into it.?

-F

BTW, does anyone know how many people work for them?

hopefully at least 16 for it to be still considered an operative bussiness 

[sick_of_this_life]

Actually, they cut about 60 people.

[COMAMOTIVE]

So this is the latest excuse?

I don't get it

Perhaps if we've been properly updated as was indicated about a year ago, then we could accept this

Just don't know anymore

[Funeral]

Actually, they cut about 60 people.

source?

[ibelieveinaxl]

Actually, they cut about 60 people.

source?

according to billboard, it was 15.

http://www.billboard.biz/bbbiz/content_display/industry/e3i7dd5f51b9e62d89240ce6f3b8a0d1344

[sick_of_this_life]

Actually, they cut about 60 people.

source?

KOAR News
Posted December 17, 2007 ? in Music News
18 Million Pumped Into Stiffs: About 60 people lost their jobs at Interscope and Geffen Records on Thursday when both labels merged into one. According to sources, a budget of $18 million was spent in making and promoting the Will.I.Am, Nicole Scherzinger(Pussycat Doll) and Eve albums - all were bombs and two aren?t even out yet.

http://www.kingsofar.com/

[horsey]

wow that suckz right during the holidays an all.

[jarmo]

Sucks for the people who got fired. I'm sure there are talented people among them who love music.

Like with everything else, the music business is more about the business than music these days.

Seems like longterm plans and quality aren't important, what's important is to make the stockholders happy.




/jarmo

[DoubleTalkingJive]

I'll second that, I work in a Major Television Company here in NYC [broadcast facility with 4 networks, alot of Sportschannels and alot HD Channels available on this certain cable system] and it's the same way.    It's all about money then quality these days.  They expect 1 person to do the work of 2 or 3 people in some depts.   Which is why I have stated before that even tho there is layoffs, it shouldn't effect the high profile clients as our layoffs don't affect the all the networks/channels we air.  We've had a year where an exorbitant amount of people were layed off.
Some procedures may change and some people may be incredibily busy going forward but the Network stays intact.   Now this may not be the case here but I am thinking it probably is as they don't want to lose their clients, they want to downsize but still have the money coming in.

[Jaci_Roxx]

According to sources, a budget of $18 million was spent in making and promoting the Will.I.Am, Nicole Scherzinger(Pussycat Doll) and Eve albums - all were bombs and two aren?t even out yet.

http://www.kingsofar.com/

I'm sorry but... someone should have seen that ^ coming.

Maybe now they realize that they should put their money on bands that people already know. Or at least on REAL artists and bands and not some "hot" new celebrities trying to make money as much as they can before people forget about them (and that usually happens in less than a... year?). 

[Falcon]

 ..the music business is more about the business than music these days.

Sentiments echoed very loudly from Dave Navarro this past Monday on his blog regarding the music biz..

www.6767.com

"What I don't miss is the industry. The good news is that there is no label in place and a new year approaches."

[Ulises]

Since 2001 there are lot of rumours and a lot of people talkin' about Guns N' Roses and I always believed in every single rumour. But no more.

If the band members doesn't speak, if Axl don't say anything I can't believe anything because for me is only rumours and rumours...

Sad but true.

[cineater]

 ..the music business is more about the business than music these days.

Sentiments echoed very loudly from Dave Navarro this past Monday on his blog regarding the music biz..

www.6767.com

"What I don't miss is the industry. The good news is that there is no label in place and a new year approaches."

There's a reason for that, they're in big trouble.   I'm sure Dave's in it to make a buck.  It's a business not a charity.  Until something is done to steady the decline and turn it back around, we're in safe mode, what makes a buck.  Try not to puke--lol.

[November_Rain]

Sucks for the people who got fired. I'm sure there are talented people among them who love music.

Like with everything else, the music business is more about the business than music these days.

Seems like longterm plans and quality aren't important, what's important is to make the stockholders happy.




/jarmo

I bet you can?t say all that in Spanish..

No, seriously, it seems that talent is not important, music biz only focuses in the so-called " one-song-artists" to get the quick money and they don?t pay much attention to the ones that have talent and are good. Now a days it is easier for a one-song-artist to be successfull than to an established musician, atleast in my country.

[Where is Hassan Nasrallah ?]

he should go the NIN way.

[D]

I don't think its speculation at all.


Everyone has said how Axl wanted the album released and its the Label thats holding it up.


well, If u have this huge layoff and shake up at a record label, Any release during this period will not get the attention and promotion it deserves.

So there is no way Axl is gonna work this hard to have some shit like a label layoff to fuck it up.


Once the label gets back on solid ground, CD will come out.

[russtcb]

I don't think its speculation at all.

Once the label gets back on solid ground, CD will come out.

I'm not saying this to dis you, but I sincerely hope you're wrong on this. If we're waiting for the label (let alone any label) to get back on solid ground before CD comes out, then we're never getting the album.

[DoubleTalkingJive]

I don't think its speculation at all.

Once the label gets back on solid ground, CD will come out.

I'm not saying this to dis you, but I sincerely hope you're wrong on this. If we're waiting for the label (let alone any label) to get back on solid ground before CD comes out, then we're never getting the album.

 I think you have to give some credit to a respectable and successful company like Geffen for so many years to now go through a merger which is definitely a bad thing, they already know what they have to do because I am sure they've had tons of meetings on it, they just have to do it with less people, I am sure the big wigs over there already have plans in place for the missing people.   I really don't think that it's as doom and gloom as some people are saying as far as the major artists are concerned, it's more doom and gloom for the people that lost their jobs, they will keep their big business intact.