Share 'RCA Shuts Down Jive Records, J Records & Arista Records'

RCA Records released an announcement yesterday detailing the disposal of three of its subisidaries: Jive Records, J Records, Arista. The Hollywood Reporter reports further on the situation, “RCA executives have announced that the company is shutting down Arista, Jive and J Records, and that all of the artists currently signed to those labels will be folded into the RCA Records roster. “The path…