EC quits Warners Bros. Music Central on-line magazine, 1997-04-13 in Totally Live News column Elvis Costello Exits Warner Bros. We don't know how she does it, and we don't want to say that Rhoda Penmark has bugged some of the offices of the record execs around town, but she must have had a fly planted firmly on the wall of Warner Bros. president Stephen Baker recently. How else would she have known that Elvis Costello stormed into Baker's office and "quit"? Okay, maybe there wasn't a fly - since Elvis and Baker were discussing his future at such high decibels it was hard not to hear. We understand that Baker tried to persuade the artiste to stay, but Costello was having none of it. TLN told you previously that Costello has been disgruntled about his recent career trajectory - remember last year when he was telling any interviewer who'd listen that he was hanging up his touring shoes, and threatening to retire - but it appears that the only thing he's retiring is his relationship with Warner Bros. Records. A source close to Costello told TLN that Elvis was packing his bags and will exit the label as soon as his contract has been fulfilled and will head to different pastures at Richard Branson's V2 - where, ironically, Costello's former longtime manager, Jake Riviera, has an imprint. Look for one final album from Costello on Warner Bros. - predictably a greatest-hits package with a few new tracks.