Universal Music Label to Be Split Into Two
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From a Times Staff Writer
The nation’s largest music company, Universal Music Group, plans to split one of its largest divisions in two, company executives said.
Universal Motown Records Group, until now co-headed by executives Monte Lipman and Sylvia Rhone, will be split into Universal Republic, overseen by Lipman, and Universal Motown, headed by Rhone.
The New York-based labels are expected to hire as many as 30 new employees between them.
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