Company Overview of Atlantic Recording Corp
Atlantic Recording Corp, a music studio, records and sells music. The company offers a portfolio of music collection sung by various artists for download, as well as facilitates the user to burn the tracks to a CD. It also sells music CDs and DVDs through its online store. The company was founded in 1947 and is based in New York, New York. Atlantic Recording Corp operates as a subsidiary of Warner Music Group Corp.
1290 Avenue of the Americas
New York, NY 10104
Founded in 1947
Key Executives for Atlantic Recording Corp
Co-Chairman of the Board and Chief Executive Officer
Co-Chairman of the Board and Chief Operating Officer
President of Film & Television
Compensation as of Fiscal Year 2015.
Atlantic Recording Corp Key Developments
American Federation of Musicians and Employers' Pension Fund Sues Atlantic Recording Corporation, Hollywood Records, Sony Music Entertainment, Universal Music Group Recordings, Inc, and Warner Brothers Records, Inc
Aug 12 15
The American Federation of Musicians and Employers' Pension Fund (AFM Pension Fund) has sued Atlantic Recording Corporation, Hollywood Records, Sony Music Entertainment, Universal Music Group Recordings, Inc, and Warner Brothers Records, Inc. for failing to make pension fund contributions. The suit states that the five recording companies failed to make pension fund payments from foreign audio stream revenue and foreign and domestic ringback revenue. Last year independent auditors discovered that the recording companies had not made the required revenue payments from foreign audio streams, ringbacks, and foreign non-permanent downloads. Attempts to reconcile the issues outside of court have been ongoing for several months to no avail. Suit was filed in New York. This is the fifth lawsuit filed against major media corporations for contract violations in the past few months. The suit seeks payment for all missing revenue owed the AFM Pension Fund, late payment penalties, interest, damages and legal costs.
Atlantic Records Promotes Kevin Weaver to President, Film & Television
Apr 30 14
Kevin Weaver has been promoted to the newly created position of President, Film & Television, for the Atlantic Records Group. Based in Los Angeles, he will also retain his current title of Executive Vice President, Atlantic Records Group, a post he has held since 2009. In his new post, Weaver will continue to oversee the creation and placement of Atlantic-affiliated music across all visual media -- including film, television, and video games -- as well as being responsible for developing and overseeing soundtrack projects, strategic alliances, media placements, licensing opportunities, and marketing initiatives. Most recently, Weaver spearheaded the deal for an NBC primetime concert special starring Coldplay, in conjunction with the May 19th release of their first album for Parlophone/Atlantic, Ghost Stories.
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