Sony Music has handed out layoffs and demotions on Friday resulting in several high profile players leaving the building. Tom Donnarumma was demoted to head of sales from GM, Columbia Records a position he held for about a year. Gone are Lisa Wolfe, Michael Kaplan, Barbara Jones, Jay Krugman and most suprising of all Kawan “KP” Prather.
KP is considered a “golden child” A&R guy and one of the more senior and well respected reps in the business. His track record includes Usher, Outkast, Pink, T.I., As EVP, A&R he was one of the more senior black executives in the business. In many ways leaving 550 Madison Avenue is a blessing at a time when Sony Music is really suffering. Now many are pondering whether KP will end up back with LA Reid at Def Jam????