May 22, 2017 10:48 PM ET


Company Overview of Atlantic Recording Corp

Company Overview

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

United States

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
President of Black Music
President of Elektra Records
Compensation as of Fiscal Year 2016.

Atlantic Recording Corp Key Developments

Atlantic Records Group Appoints Gregg Nadel as President of Elektra Records

Elektra Records, a division of the Atlantic Records Group, announced the appointment of Gregg Nadel as the New President. Nadel, who has been General Manager of Elektra for the past two years, is a twenty-year veteran of the Atlantic family. Prior to becoming Elektra's GM in early 2015, he was Senior VP, A&R and Marketing, for Atlantic.

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

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.

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