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Thursday, July 26, 2012

IB's Big Jon update

BUNNY ROMANCING BIG JON: WMG insiders insist those rumors of a snag in the Big Jon Platt deal are erroneous, HITS industry insider I.B. Bad writes in his latest column, posting Friday morning. Warner/Chappell chief Cameron Strang is leading the effort to get Platt, whose guaranteed salary is said to be a whopper. That is relatively surprising considering that big salaries have reportedly been an issue at Warner since CEO Stephen Cooper began slashing costs. Perhaps the losses of John Janick and Joie Manda, as well as the near-loss of Mike Caren—who ended up with a worldwide A&R job—have changed the thinking of Warner brass. But if the Platt-Warner discussions hit a last-minute snag, Jay-Z is standing by to swoop in and make this deal. (7/26a)

 
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