WHO YOU CALLING A GOSSIP COLUMNIST?
Friday, February 26th, 2010L.A. REID TO BE REMOVED FROM UNIVERSAL MUSIC GROUP

HSK has received a handful of comments from people claiming hollywoodstreetking.com is a gossip site, but guess what? They are so fucking wrong.
I do not base HSK posts on gossip, they are based on facts, and information as we know it. For instance, it’s a fact that Doug Morris, CEO and Chairman of Universal Music Group, is reported to be retiring come June. It’s also a fact that Interscope Records is reported to be solely releasing singles, in the coming future — Ask Jimmy Iovine. My very credible inside sources also tell me that the only person to be guaranteed a job at Universal Music Group is Sylvia Rhone, because she made her start in the music business as Doug Morris’ assistant. I’m also told that Def Jam Records will no longer be a subsidiary of Universal Music Group, because it will folded under the umbrella of Universal Music Group. Plus, it’s reported that L.A. Reid is set to be removed from Universal Music Group — Ask Chris Lighty. (more…)











