THE YEAR-LONG PERSONNEL upheaval at Warner Music Group claimed its latest victim on June 21, when newly installed chairman Michael Fuchs booted second-in-command Douglas Morris. "There has been too much tumult around here for a truly talented organization to do what it does best," says Fuchs, who contends that Morris had to depart in order for Warner Music "to reach its full potential." Morris, elevated to chairman of Warner Music-U.S. earlier this year, is the fourth top music exec to head for the door since last year, when longtime Warner Music-U.S. head Mo Ostin departed. Fuchs says Morris' departure has nothing to do with political controversy swirling around violent lyrics by rap artists on Warner's Interscope label. He also says he is planning no further executive cuts.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE