Entertainment · 3 views
Universal Music Undergoes Shake Up With Def Jam, Republic Top Execs Among Departures
Universal Music Group is undergoing a suite of layoffs this week connected to the $270 million cost-savings initiative the company had announced back in 2024, a move that has several major executives from across the company’s North…
Summary
Universal Music Group is undergoing a suite of layoffs this week connected to the $270 million cost-savings initiative the company had announced back in 2024, a move that has several major executives from across the company’s North America, Europe and U.K. operations stepping down. Most notably, Def Jam CEO Tunji Balogun, who has spearheaded the label since 2022, is departing, sources tell The Hollywood Reporter, as are Interscope execs Sam Riback and Nicole Wyskoarko.
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