After L.A. Reid left EPIC record in May, there are rumors that he is starting his own company with a record label, publishing unit and will represent new producer. The company doesn’t have a name yet but expected to be start in 2018.
According to BlackAmericaWeb
Reid left the top job at Epic following a sexual harassment claim by a former female assistant, and Sony reached a settlement with the assistant earlier this summer, sources tell Billboard. Sony, a lawyer for the assistant and a rep for Reid declined to comment.
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