Posts tagged ‘warner music group’

Corporate Governance: Warner is out of control

At the top of every major label lies various profit driven capitalists. Each major label has a board of shareholders (usually aged 45+) who they have to answer to.

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You see, even with Warner Music Group being $2 billion in debt and having to cut 100’s of jobs, the top executives will still find a way to go to Cancun 3 times a year on “business trips” and make sure they get their bonuses and pay raises.

Maybe Warner should try to reduce the amount they spend on lobbying & political contributions as a starter. (more…)