Warner Reorgs and Slashes
As <A HREF="http://www.stereophile.com/news/011904roundup/index.html">promised</A> earlier in January, <A HREF="http://www.wmg.com">Warner Music Group</A> has announced a major restructuring that it hopes will put it in better shape to compete in the "challenging business environment of today's music industry." The move comes after the recent closing of WMG's $2.6 billion acquisition by Edgar Bronfman, Jr. and a group of investors.