October 27, 2016 2:15 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
Head of A&R
Compensation as of Fiscal Year 2016.

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

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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Recent Private Companies Transactions

No transactions available in the past 12 months.

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