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It?s been eight months since Antonio ?L.A? Reid departed Sony Music under controversial circumstances ? but MBW is hearing that the executive has already raised serious funding to stage an independent comeback in 2018.
Having run Epic Records for six years, Reid left Sony in May 2017 ? just one month after the arrival of Rob Stringer as the major?s global CEO.
It was reported at the time that a co-worker of Reid at Epic had accused him of sexual harassment.
However, high-placed sources in the US market have told MBW today that Reid is now believed to have raised as much as $75m funding for a new label venture, likely from private equity sources.
Whispers suggest that the exec has this week moved into new offices in Beverly Hills, Los Angeles ? and is already on the hunt for hires.
Epic?s roster during Reid?s tenure included the likes of DJ Khaled, Future, Fifth Harmony and Mariah Carey.
As the co-founder of LaFace Records ? a JV with Arista ? Reid was involved in the early careers of superstars like Usher, TLC, Toni Braxton, OutKast and Pink.
In 2004, he moved to Island Def Jam, where he worked with the likes of Kanye West, Rihanna and Justin Bieber.
I just wouldn?t be able to trust this man
sure it'll all go towards the video for gameproof :woohoo:
Quote from: Maui on January 05, 2018, 09:45:01 PM
sure it'll all go towards the video for gameproof :woohoo:
my shit
:gorlonfire:
Quote from: ???? on January 05, 2018, 09:46:25 PM
Quote from: Maui on January 05, 2018, 09:45:01 PM
sure it'll all go towards the video for gameproof :woohoo:
my shit
:gorlonfire:
mol[jpihn8uog7y;fi6tld5rsk
:oof: :oof:
Not him skoo skooing out of epic cuz he was tired of all them flops.
Hopefully he signs something profitable. No more flop acts.
Does Brandy have a relationship with LA?
Quote from: 1RIG on January 05, 2018, 09:44:22 PM
I just wouldn?t be able to trust this man
Some people in this business aren't meant to be trusted. He's definitely one of those people.
He should sign June?s Diary
and push them to where 5th Harmony was before Camila left
JD is never happening
La wasn?t here for 5h. He?s the main one that pushed to get GODmila solo.
I still can't believe how he abruptly left Keyshia and her project in shambles after he was the one to convince her to sign to Epic.
It?s keyshia?s own fault for not releasing unbothered as the (lead) single :cheerup:
Quote from: TogetherAgain on January 06, 2018, 01:14:43 AM
Does Brandy have a relationship with LA?
ch that would be pure mess
No thanks
Quote from: Lazarus on January 06, 2018, 12:35:11 PM
I still can't believe how he abruptly left Keyshia and her project in shambles after he was the one to convince her to sign to Epic.
hes fucking DISGUSTING
:plzstop:
Quote from: 1RIG on January 06, 2018, 12:53:02 PM
Quote from: Lazarus on January 06, 2018, 12:35:11 PM
I still can't believe how he abruptly left Keyshia and her project in shambles after he was the one to convince her to sign to Epic.
hes fucking DISGUSTING
:plzstop:
:dead: