Jun 122019

The vault fire was not, as UMG suggested, a minor mishap, a matter of a few tapes stuck in a musty warehouse. It was the biggest disaster in the history of the music business.UMG’s internal assessment of the event stands in contrast to its public statements. In a document prepared for a March 2009 “Vault Loss Meeting,” The company described the damage in apocalyptic terms. “The West Coast Vault perished, in its entirety,” the document…

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