BMG, which bought the pop label five years ago, will phase out the name, according to sources.
Twenty years after founding S-Curve Records, Steve Greenberg is leaving BMG.
The move, described as amicable, comes five years after BMG acquired the New York-based pop label for an estimated $10 million in November 2015.
Greenberg launched the New York-based label in 2000 with the Baha Men’s “Who Let The Dogs Out” and scored subsequent hits with Joss Stone, Andy Grammer and Fountains of Wayne. Most recently AJR's “Bang” reached No. 8 on the Billboard Hot 100 in February.