Warner Music Colombia is closing operations. Employees were informed Tuesday night (March 2), as the massive restructuring of Warner Music Group got underway following the major's buyout by an investm

Warner Music Colombia is closing operations. Employees were informed Tuesday night (March 2), as the massive restructuring of Warner Music Group got underway following the major's buyout by an investment group.

As of April 30, Warner Music Colombia will cease to function. Operations for Warner in Venezuela and Peru were also handled from Colombia. Negotiations are underway to determine who will license Warner products in these areas.

Sources say rampant piracy in Peru and the political crisis in Venezuela made the operation untenable.

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