Universal Music Group Breaks Up Its Island Def Jam Division
Posted in: UncategorizedThe reorganization displaces Barry Weiss, the former Sony executive who was brought in three years ago to run Universal’s East Coast operations.
The reorganization displaces Barry Weiss, the former Sony executive who was brought in three years ago to run Universal’s East Coast operations.
The Japanese phone carrier’s proposal of $8.5 billion for Universal Media Group was believed by some analysts to represent a $2 billion premium over its value.