Music Week understands that around five members of V2's approximately 45 staff will be transferred to Universal, with the rest facing redundancy. A senior figure at Universal insists, however, that "consultation is ongoing".
It is understood that the select few V2 staff transferring will include CEO Tony Harlow and head of new media and business development Beth Appleton, although it is unclear at present what role the pair will play.
Music Week also understands that, prior to purchasing V2 in ...
Register for a Music Week trial to access this article. Sign up today and you will receive: