RCA Execs Confirm Jive and Arista Labels Shut Down
CEO Peter Edge and COO Tom Corson told The Hollywood Reporter in an interview that they were shutting down Jive and Arista immediately, and focusing on the RCA brand. Well as they cleverly put it, “the artists are the brand.”
Which is a good way of saying they’re going to downsize and they have no clue how to continue to thrive in the business so they’d much rather keep the heavy hitters and get rid of the excess.
