Atlantic Records is reportedly putting artists on the shelf and slashing budgets as rumors swirl that the company faces serious financial difficulties. Insiders suggest the label cannot pay its employees because of insufficient funding. This situation could reportedly result in the company being sold. Cardi B has previously stated that she covered the costs of her own tour and earned no profit from it, contrary to what some reports had claimed.
3mo
Atlantic Records is reportedly putting artists on the shelf and slashing budgets as rumors swirl that the company faces serious financial difficulties. Insiders suggest the label cannot pay its employees because of insufficient funding. This situation could reportedly result in the company being sold. Cardi B has previously stated that she covered the costs of her own tour and earned no profit from it, contrary to what some reports had claimed.
3mo
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