According to The Hollywood Reporter's Showbiz 411, the beleaguered Warner Music Group is without any hits.
In the five years of Edgar Bronfman and Lyor Cohen’s reign over Warner Music, they’ve had few hits. Almost none, in fact. They relied on acts already signed to the company, such as Linkin Park, Green Day, Josh Groban and Nickelback.
The WMG stock has sunk to all-time lows, then revived very slightly based on completely strange reports from stock analysts.
Now the cows have come home to roost: massive losses posted yesterday.
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Looking at the Warner Music Group release schedule, here's what coming:
Cobra Starship - Hot Mess
Sean Paul - Imperial Blaze
The Used - Artwork
Trey Songz - Ready
Jay-Z - The Blueprint 3
Muse - The Resistance
Megadeth - The End Game
Lil Boosie - SuperBad: The Return of Boosie Bad Azz
Paramore - Brand New Eyes
Madonna - Celebration (Greatest Hits)
Lyfe Jennings - Sooner Or Later
New Moon - Soundtrack (Twilight Sequel)
Reflection Eternal: Talib Kweli & HiTek - Revolutions Per Minute
Tim McGraw - Southern Voice
Michelle Branch - Everything Comes And Goes
Diddy - Last Train To Paris
Cassie - Electro Love
Lupe Fiasco - Lasers
Estelle - All Of Me
WMG could use a couple more Jay-Zs, Madonnas and Linkin Parks on the release schedule just to keep their head above water.