Pros
I was an intern and really liked and respected the department heads. Although I primarily worked for the director of promotions, the other directors frequently asked for my help and gave great feedback. If I were to work there full time, I saw plenty of opportunities for individuals to make large contributions to the company.
Cons
Everyone seems to be working in fear of their boss. I never worked in environment where people were SO stressed about what negative feedback they might get. Everyone also seemed to be way overworked. Although the owner may only see hiring more employees as more expenses, he would get way more productivity out of his employees if they had a lessened work load. Oh, and the most obvious negative is the horrible bands they keep signing. When I was there, I heard employees listening to so many great bands that should have been signed, but again, the final decision was in the hands of the owner, which resulted in some awful bands being signed while I was there.