![]() ![]() Motown, Island, and Def Jam will now function as “standalone imprints,” prompting Grainge to write in a statement, “At UMG, our labels are empowered to be entrepreneurial and take creative risks. “I can’t say enough about his contributions to our labels or to thank him enough.” Weiss plans to enter discussions on another venture within UMG. “Barry is a terrific music executive who led our East Coast labels during a critical time of transition,” said UMG CEO and chairman, Lucian Grainge. ![]() In addition to the sudden news, CEO and president of East Coast Label Group, Barry Weiss, is also stepping down from his position. Universal Music Group has revealed that they’ll be dissolving Island Def Jam Music Group, Variety reports.
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