The Biztape

The Start of Label Layoffs?

Big Tech was first but now is music on the cusp of big layoffs as well? Warner draws attention for big staff cuts and even bigger budget cuts. They say it's for restructuring for the long term but could Warner be the first of many?Also, Disney announces cuts of its metaverse division. Not even Mickey Mouse can get people to try the metaverse…. This and more on the Biztape! Socials:   Instagram, Facebook, Twitter, TikTok: @TheBiztape Email:<a href="mailto:thebiztapepodcast@gmail.com"> thebiztapepodcast@gmail.com</a>   Sources: Warner’s Big Budget Cuts: <a href="https://www.musicbusinessworldwide.com/warner-will-generate-savings-of-50m-annually-by-cutting-4-of-staff/">https://www.musicbusinessworldwide.com/warner-will-generate-savings-of-50m-annually-by-cutting-4-of-staff/</a> Disney Step Away from MetaVerse: <a href="https://www.musicbusinessworldwide.com/disney-shuts-down-metaverse-division-amid-restructuring-report/">https://www.musicbusinessworldwide.com/disney-shuts-down-metaverse-division-amid-restructuring-report/</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

The Biztape is a weekly podcast that serves as a catch-all for music business and media news of the week. As music industry professionals themselves, hosts Colin McKay and Joe Wasilewski provide insight into the technical and business world of these closed curtain industries drawing from their research and expertise. No topic is off-limits when discussing these secretive and elusive industries. Check out The Biztape! Instagram, Twitter, Facebook, Tiktok: @Thebiztape Email: thebiztapepodcast@gmail.com