The industry giant said he longs for his "indie roots" and will be "back in action again soon."
Music industry legend Seymour Stein has announced his departure from Warner Music after 42 years at the label group, saying he's eying a return to his "indie roots." By leaving WMG, Stein also is saying goodbye to Sire Records, the label he co-founded in 1967 as an independent before joining forces with Warner's nine years later.
Led by Stein, Sire's roster over the last half-century has been nothing short of legendary and has included Madonna, The Ramones, The Smiths, The Pretenders, The Cure, Ice-T, Depeche Mode, The Replacements, Uncle Tupelo, The Cult, Cyndi Lauper and k.d.lang, among others.
"I was very fortunate during my youth to learn from so many great indie label people, like Ahmet and Nesuhi Ertegun and Jerry Wexler at Atlantic, and my greatest mentor, Syd Nathan at King Records," said Stein in his announcement. "I went on to work with so many other great indies around the world as Sire grew to become the legendary brand it is today. From the bottom of my heart, I want to thank all the amazing artists -- far too many to name -- who have called Sire home over the years."