Is Epic Records Hearing A Death Knell?

The Hollywood Reporter has an interesting article on who killed Epic Records. Rob Stringer chairman of the Sony Music Label Group goes on record, yet there are quotes from others at the diminished label.  Amanda Ghost the songwriter (You're Beautiful -hit for James Blunt) is the main focus of the label's demise.  She was hired 20 months ago for the excitement and enthusiasm that Stringer though she would bring to Epic.  According to co-workers she showed excitement by throwing a CD across the room. 

Two of my top 10 favorite albums of all time were on Epic: Heaven Tonight by Cheap Trick and London Calling by The Clash.  It would be a shame to see a label with such a great past go down the drain.  This piece seems to think it's inevitable. 

Michael Jackson

You've probably heard that Michael Jackson died this afternoon at the age of 50. I was an intern at MTV when the Billie Jean video was delivered. Gale Sparrow was my boss. She gathered everyone around a TV to watch the 3/4" tape, which was fresh from Epic Records up the street. I think we watched it a few times. It was ground breaking: the music, the choreography, the production. We were all sucked in. Needless to say, that launched the Thriller album, which is the second or third biggest selling album of all time. It was a magical moment being one of the first to experience that video.