Roc Nation hit with layoffs

Booker T Garvey

Veteran
Supporter
Joined
Aug 17, 2014
Messages
29,788
Reputation
4,007
Daps
124,343
:huhldup:

Roc Nation Records Fires Executive Staff Members

Roc Nation Records Hit With Layoffs
5/22/2019 by Gail Mitchell

Roc Nation Records has laid off several senior-level executives, Billboardh as confirmed with sources.

Those let go include senior vp promotion Azim Rashid, senior vp A&R Orlando McGhee, marketing exec Gita Williams and senior director publicity Fairley McCaskill. These exits follow that of label president Benny Pough, who departed the label in March after nearly 18 months in that post.

Roc Nation’s current label roster includes Rihanna, J. Cole, Rapsody, Belly and Vic Mensa, as well as emerging artists Nicole Bus and Angelica Vila, among others.
 

Booker T Garvey

Veteran
Supporter
Joined
Aug 17, 2014
Messages
29,788
Reputation
4,007
Daps
124,343
Not what it sounds like, they laying off all the old guard execs bring in younger people making moves in the industry.

giphy.gif
 

ignorethis

RIP Fresh RIP Doe RIP Phat
Joined
Jul 12, 2013
Messages
8,157
Reputation
2,855
Daps
36,713
Sounds like you work for RocNation and trying to spin the story...
nah, I don't. I just come on here and drop the real when I can.

The original "lay-off" headline was the spin, they quickly corrected it to let it be known they fired them.
All their positions are being immediately filled.

Roc Nation don't pay me.
 

boskey

Top Rankin
Joined
May 1, 2012
Messages
15,517
Reputation
3,816
Daps
63,777
nah, I don't. I just come on here and drop the real when I can.

The original "lay-off" headline was the spin, they quickly corrected it to let it be known they fired them.
All their positions are being immediately filled.

Roc Nation don't pay me.
Cool. But filling positions with younger people that you can pay a fraction of the senior execs that you fired is also a cost cutting move...
 

ignorethis

RIP Fresh RIP Doe RIP Phat
Joined
Jul 12, 2013
Messages
8,157
Reputation
2,855
Daps
36,713
Cool. But filling positions with younger people that you can pay a fraction of the senior execs that you fired is also a cost cutting move...
you're right, but if you're paying inflated salaries to people not getting results anymore, are you in bad shape for paying a more capable person a more reasonable salary?

A lot of these old execs getting paid off cronyism/nepotism and what they did 10-20 years ago. They suck as modern execs.

Roc Nation doesn't have the finances of a major label/management company, they have to be smarter, trim the fat and stay lean, to be able to compete with them.
 

boskey

Top Rankin
Joined
May 1, 2012
Messages
15,517
Reputation
3,816
Daps
63,777
you're right, but if you're paying inflated salaries to people not getting results anymore, are you in bad shape for paying a more capable person a more reasonable salary?

A lot of these old execs getting paid off cronyism/nepotism and what they did 10-20 years ago. They suck as modern execs.

Roc Nation don't have the finances of a major label/management companies, they have to be smarter, trim the fat and stay lean, to be able to compete with them.
Definitely agree with the bold. I always wonder why we haven't seen any new young moguls like Puff, P, Dame, Rza etc come out of the internet era. Seems like it would be much easier now than it was back then. I assume its cuz the old gatekeepers are locking them out. Closest thing was Tyler the Creator lol...
 

Yade

BigJohnsons lol
Joined
Apr 20, 2017
Messages
5,513
Reputation
-1,225
Daps
13,909
Roc Nation as a label is WACK and it’s never called out


But sports wise they’re KILLING IT
 

ignorethis

RIP Fresh RIP Doe RIP Phat
Joined
Jul 12, 2013
Messages
8,157
Reputation
2,855
Daps
36,713
Roc Nation as a label is WACK and it’s never called out


But sports wise they’re KILLING IT
The label is basically defunct at this point, but they're doing their thing with management across all industries.
 

Booker T Garvey

Veteran
Supporter
Joined
Aug 17, 2014
Messages
29,788
Reputation
4,007
Daps
124,343
Sylvia Rhone was just promoted to CEO at epic records

Clive Davis is still killing it out there, “old” people are in right now
 

ignorethis

RIP Fresh RIP Doe RIP Phat
Joined
Jul 12, 2013
Messages
8,157
Reputation
2,855
Daps
36,713
Sylvia Rhone was just promoted to CEO at epic records

Clive Davis is still killing it out there, “old” people are in right now
Sylvia Rhone fukking sucks lmao, she's one of the main execs I'm referring to.

She don't know what she's doing and Epic been confused since LA Reid got pushed out.
 
Top