🎬 Entertainment 3h ago · Elizabeth Dilts Marshall

Universal Music Shakeup: Def Jam, Polydor, Interscope Execs to Exit as Company Completes 2024 Restructure Plan

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Universal Music Shakeup: Def Jam, Polydor, Interscope Execs to Exit as Company Completes 2024 Restructure Plan
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The Universal Music Group (UMG) has initiated the final phase of a three-part restructuring and cost-cutting plan first announced in 2024, with several high-profile executives set to exit the company, sources tell Billboard. The company announced internally today (Oct. 14) that those who will be leaving their current posts include Ben Mortimer, president of Polydor Records in the U.K.; Tunji Balogun, chairman/CEO of Def Jam Recordings; Nicole Wyskoarko, president, head of urban a&r at Inters

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