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Kakao Entertainment nominated two executives to serve as co-CEOs on Friday (Jan. 19): Kisu Kweon, who is currently chief operations officer, and Joseph Chang, global strategy officer.
The South Korean tech conglomerate Kakao is influential in the music industry. Its subsidiary, Kakao Entertainment, merged with Melon, the country’s top streaming platform, in 2021, and it also owns Starship Entertainment, which has developed internationally successful K-pop groups like Monsta X and Ive. But in 2023, Bae Jae-hyun, Kakao’s chief investment officer, was indicted for allegedly manipulating stock price during a corporate battle with HYBE for a controlling stake in K-pop company SM Entertainment.
In December, Kakao’s founder and chairman said the company would “reset our expansion-centered management strategy,” “focus on core businesses,” as part of an effort to “change the company culture,” according to The Korea Economic Daily.
The promotion announcement at Kakao Entertainment emphasized “the need for leadership with a new perspective.” “We feel a great responsibility as we take on leadership during these pivotal times,” Kweon and Chang said in a joint statement.
“Our priority is to contribute to and meet the expectations of society going forward,” they added. “At the same time, we are dedicated to proving Kakao Entertainment’s full potential in the global market. We are excited to accelerate the innovation of our expansive content business to grow as a truly global entertainment player.”
The announcement of the co-CEO nominees indicated that they would each have slightly different purviews. Kweon “plans to focus on stabilizing the business while emphasizing innovation,” according to the press release, while Chang — a former Sony Music executive — will prioritize “strengthening [Kakao Entertainment’s] competitiveness in IP planning, production, and distribution.”
Now that Kweon and Chang are nominated as co-CEOs, the announcement noted that they “will undergo a formal appointment process through the board of directors and general shareholders’ meetings.”
It’s time for another quick whirl around the Executive Turntable, Billboard’s comprehensive(ish) compendium of promotions, hirings, exits and firings — and all things in between — across music.
The National Association of Music Merchants (NAMM) launched a search for its next executive director of the NAMM Foundation, following a recent decision by longtime leader Mary Luehrsen to step down by Sept. 30. In addition to her director role at the foundation, Luehrsen is senior advisor for public policy at the music trade organization, which stages its 2024 event next week in Anaheim. The foundation’s key activities include school and career resource programs such as Careers In Music and GenNext, as well as Best Communities for Education, which gives props to schools for committing to music education. In her legendary and impactful 22-year run at NAMM, Luehrsen’s “visionary ideas and leadership have resulted in thousands of music educators, college students, community nonprofit music service leaders and international partners meeting, learning and networking at [the] NAMM Show,” the trade org said. She also expanded NAMM’s connection with other domestic and international music orgs and worked to shape public policy toward making music integral to education.
“Her passion, intellect, and relentlessly positive efforts have laid a strong foundation for our future success and we are so grateful she has lent us her talent, mentorship and creativity, all of which have joyfully impacted millions of next-generation music makers,” said NAMM CEO John Mlynczak.
Russell Reynolds is leading the search for Luehrsen’s replacement. All prospective candidates are invited to reach out directly to the Russell Reynolds Associates team at NAMMFoundationED@russellreynolds.com.
Meanwhile …
Sixthman has a brand-new captain. Norwegian Cruise Line tapped Jeff Cuellar to succeed Anthony Diaz atop — or should we say aboard — its floating music festival subsidiary, which is coming off its “most successful year to date.” Cuellar’s been with Sixthman since October 2021, first as vp of partnerships and later vp of events, marketing and community — all during the backdrop of the boat-rocking COVID-19 pandemic. Prior to Sixthman, he was vp of strategic partnerships at festival promoter AC Entertainment, where he worked on Bonnaroo, Forecastle, Railbird and many more. As CEO, Cuellar will keep pushing for growth and work to solidify Sixthman’s place as the entertainment cruise king. Sixthman hosted over 45,000 guests over the course of 18 cruises in 2023, including the massive EDSea electronic music festival aboard the big ol’ Norwegian Joy. This year’s dock-et includes events hosted and/or curated by Kevin Smith, Yellowcard, Sister Hazel and Joe Bonamassa, among others. “In the short time Jeff has been at Sixthman, he’s made a significant impact,” said outgoing CEO Diaz, who is staying on as an advisor until June. “He played an integral role in the success of 2023, leading the strategy and outreach to strengthen and develop new artist relationships and debut first-for-the-brand festival concepts across all genres.”
Warner Chappell Music Germany promoted Natascha Augustin to managing director, reporting to WCM co-chair and CEO Guy Moot. The move means outgoing Germany MD Lars Karlsson will now be able to solely focus on his other gig, leading WCM Scandinavia. Augustin joined WCM in mid-2010 and was most recently vp of creative and head of A&R. She also helped launch Atlantic Records Germany, where she was head of strategy, but will now focus on WCMG. “I see myself as an advocate for songwriters and artists, fighting for their rights in a rapidly changing world full of new challenges,” she said. The company noted that Augustin will spend time in all three German hubs for WCM — Berlin, Hamburg and Munich. “Germany is such an important global market, and home to some of the world’s best writers, producers and artists,” added Moot. “We’re the number one domestic publisher there thanks to the support that Natascha has given a generation of songwriters under Lars’s expert guidance.”
Staying in Deutschland, BMG promoted Johannes von Schwarzkopf to senior vp of corporate development — marking a title fist-bump in a department he has led since its formation last year. Von Schwarzkopf joined BMG in 2021 as senior director of board projects and was promoted for the first time in 2023. In his vp-of-cd role, he’ll continue developing new business opportunities for the world’s fourth largest music company, and spearhead initiatives to accelerate growth in areas like partnerships and GenAI. He reports directly to BMG CEO Thomas Coesfeld and is based in the company’s Berlin headquarters. “Johannes has a proven track record of analytical rigor and thought leadership, and has played a pivotal role in developing and implementing our new strategy over the past year,” said Coesfeld. “His entrepreneurial mindset and commitment to the team make him a great leader.”
Black Music Action Coalition co-founder Binta Niambi Brown has joined Manatt, Phelps & Phillips, LLP as entertainment partner in the legal and consulting firm’s NYC office. Brown has worked in a number of industries: as a corporate lawyer for top firms like Cravath Swaine & Moore and Kirkland & Ellis, as a member of Chance the Rapper’s management team at Nice Work, and more recently as head of operations and strategy at Keep Cool Records/RCA. She is also an adjunct professor at the Clive Davis Institute of Recorded Music at NYU Tisch. At Manatt, Brown will work within the creator economy and advise global mogul-level clients on how to build, innovate, expand and protect their businesses and brands, the firm said. “Binta has a tremendous reputation as a corporate dealmaker, talent manager and artist advocate, making her incredibly invaluable to talent-side clients who are increasingly building their businesses and taking ownership of their personal brands in today’s exploding creator economy,” said Manatt entertainment leader Jordan Bromley.
David Barbis is the new head of promotion at Big Loud Rock, the label home of HARDY, Blame My Youth, Jaguar Twin and other alt-rock acts. Barbis will spearhead all promotional matters at the Los Angeles-based label and report up to BLR president Greg Thompson. He joined from C3 Management, where as vp of promotion he worked on campaigns for wide slate of artists, including White Reaper, The Head and the Heart, Modest Mouse and Chevelle, among others. Prior to C3, Barbis held roles at Polygram, Dreamworks and Capitol Records. “Dave is a true music man and one of the most outstanding promotion executives I have ever known,” Thompson said. “His passion for his artists is unparalleled, and we are beyond thrilled to have him join the Big Loud Rock team.” Barbis can be reached at daveb@bigloud.com.
Primary Wave Music added Agnes Kacicki to its executive team as head of corporate development. Working closely with Primary Wave’s founder and CEO Larry Mestel, Kacicki will focus on big-fish catalog and business acquisitions, as well as forming portfolio-expanding partnerships on the international scale. Based in Los Angeles, Kacicki will also work closely with Bill Cisneros, president of IP investment management, and Ramon Villa, the company’s COO, to assist with investor relations. Kacicki comes from RBC Capital Markets, where she served as director in the investment banking division and specialized in advisory and capital raising activities across various entertainment sectors, including Primary Wave’s bailiwick: music publishing. “Agnes has been a close adviser to Primary Wave for many years in her senior role at RBC, she will make a very significant impact on our ability to increase our acquisition capabilities, and service our partners,” noted Mestel.
Sony Music UK hired Brooke Salisbury to fill the newly created position of senior vp of international marketing and digital partnerships. In the role, Salisbury will oversee the various teams working on cross-border marketing and partnership with digital services like Spotify, Apple Music and YouTube. She arrives at Sony from Warner Music’s ADA UK, where she was general manager of the distribution and label services division. Prior to ADA, Salisbury held senior roles at Domino, where she rose to head of marketing in the UK market and worked with rock favorites Arctic Monkeys and Franz Ferdinand, among others. She reports up to Sony Music UK & Ireland chairman and CEO Jason Iley, who remarked of being “delighted to welcome Brooke to her new role where she will help bolster our service for both artists and digital partners.”
Global management company IMG Artists promoted Sam Snook to head of vocal, London. Snook has clocked 17 years in the classical musical industry, including positions at the Lyric Opera of Chicago, Santa Fe Opera and Opera America. He first joined IMG Artists in 2009, working closely with evp and global head of vocal Matthew A. Horner. “Sam’s move to London is a very positive development for IMG Artists,” Horner said. “With the complicated nature of our business, and the best artists needing true worldwide representation, I see this move by one of my most trusted colleagues as a fruitful venture for all of us in vocal.”
BOARD SHORTS: Music community startup We Are Giant added AEG Presents COO of global touring David Rappaport to its board of directors. He’ll lend his expertise on event execution, artist relations and more at the freshly launched plaform for hosting licensed listening parties, live streams, chats and more on its site and app … Hipgnosis Song Fund’s board of directors have a plan to attract bidders — and satisfy concerned shareholders. Learn all about it here.
Deluge Music founder David Robkin has launched two new record labels. Robkin worked with Johnny Gates and Austin Luther to ideate East Music Row Records — “with a goal of blending the hip, innovative sides of Nashville’s new indie rock and alt-country music with the musicianship, professionalism, and ingenuity of Music Row classists.” Robkin then took inspiration from Sun Records and Motown for Deluge Records Nashville, which is modeled in the tradition of a classic collaborative music incubator. “DRN wasn’t created to extract all the worth possible out of its artists, instead, the team chose to foster relationships between artist and label, creating a home in which equitable recording deals aren’t rarities,” the company said. DRN was born through a relationship between Robkin, songwriter Sam Grow, and Grow’s manager Brad Austin.
Breanne Hoke joined Joie Manda’s Encore Recordings as executive vp, head of business and legal affairs. Prior to Encore, she spent five years with Interscope’s business and legal affairs team, rising to vp in October 2021. She got her start in music as a legal fellow at the NMPA before joining Warner Records as an attorney-then-associate director in its B&LA department. Manda, a longtime executive at Interscope Geffen A&M, launched Encore Recordings in 2021 with a goal of “pushing culture forward.”
CAA promoted Jenna Powell to communications executive. She joined the agency in early 2018 as assistant to then-COO Michael Mand before rising through the communications ranks to her current position, which is based in Nashville and supports CAA’s music touring, digital media, theatre and gaming divisions.
Garrett Ream has joined Position Music as vp of artist strategy and promotion, a move announced by president and CEO Tyler Bacon. Ream previously served as vp of rhythm promotion at Republic Records, where he worked on radio and promo campaigns for a murderers’ row of stars including Taylor Swift, Drake, The Weeknd, Arianna Grande, Post Malone, Pop Smoke and Greta Van Fleet. Ream will report directly to J Scavo, general manager of recorded music at Position. “Garrett is a key hire for us as we continue to build our frontline artist roster and label marketing team,” said Bacon. “In addition to bringing major label promotion experience, he also has an indie drive and entrepreneurial approach to identifying and developing artists that is in lockstep with our company ethos.”
Ten2 Media appointed “avid technologist, hacker and maker” Mike Flynn as chief technology offcer of the upstart company, which works with clients on strategies and then distributes, markets and monetizes that video content on YouTube. Flynn was previously CTO of Studio71, where he spearheaded the development of numerous technology platforms during an 11-year tenure. “”Mike’s track record of success and his passion for leveraging technology to drive business growth align perfectly with our vision for the future of Ten2 Media,” glowed Ten2 Media co-founders Donna Budica and George Karalexis.
Music industry veteran Bob Reeves opened the private venture Excelsior Music, which will focus on management, artist development, radio/tour marketing and promotion. Reeves’ first client is Nashville-based country singer-songwriter Orlando Mendez. Mendez, a second-generation Cuban-American from South Florida, appeared on NBC’s The Voice in 2022, and is currently working on his debut project. Reeves previously held posts as vp and national director with Warner Music Nashville, Sony Music, Monument Records, Epic Records and most recently, Riser House Entertainment. –Jessica Nicholson
Tom Stingemore, who spearheaded Hipgnosis’ sync efforts until his departure over the summer, launched ALLOY Sync Distro as part of an ambitious effort to modernize the music biz’s sync licensing and approvals process. ALLOY is described as a “state-of-the-art, industry-wide platform that significantly streamlines the sync licensing process, while allowing labels & publishers to retain full control of their sync rights,” according the announcement. Stingemore, who has also previously held senior sync roles at UMG and BMG, said the licensing process has been “arduous, disjointed and fractured” for too long and is collaborating directly with industry stakeholders to develop a “gamechanging commercial solution for the entire music business.”
ICYMI:
Phill Bauer was named president of DistroKid … Alvaro Rizo joined Carlos Vives’ Gaira Musica Local label as managing director … the National Music Publishers’ Association (NMPA) hired former Mitt Romney staffer Chris Barkley (pictured) as its senior vice president of government affairs … YouTube laid off 100 in its content and creator teams … and Condé Nast gutted Pitchfork as part of a restructuring that folds the esteemed music criticism site under men’s style and fashion bible GQ.
Last Week’s Turntable: Resnik Makes It Raines
HarbourView Equity Partners continues to scoop up R&B/hip-hop music assets with its latest acquisition of certain publishing and recorded music assets from singer, songwriter and record producer Jeremih. Terms of the deal were not disclosed. Explore Explore See latest videos, charts and news See latest videos, charts and news Jeremih’s Hot 100 hits include “Birthday […]
Authorities in the Dominican Republic have arrested U.S. rapper Tekashi 6ix9ine, who is scheduled to appear in court on Thursday on charges of domestic violence. The rapper, whose real name is Daniel Hernández, is being held at a jail in the capital of Santo Domingo, where he was arrested Wednesday, officials said. No further details […]
Hipgnosis Song Fund’s board of directors wants a workaround to the call option that gives the investment advisor, the Merck Mercuriadis-led Hipgnosis Song Management, the ability to purchase the company’s music catalogs if its contract is ended. After consulting with shareholders who own more than 60% of outstanding shares, Hipgnosis Songs Fund’s board of directors […]
Music executives Ángel del Villar and Javier “El Tamarindo” González have joined forces to launch a new distribution company, DSTRO7. Del Villar’s indie label, DEL Records, will be exclusively distributed by DSTRO7, as will González’s Tamarindo Rekordsz, which he founded in 2012. According to a press release, the company will focus on music streaming, monetization, […]
The first-ever North American music industry climate summit is growing.
The inaugural Music Sustainability Summit has announced that due to high demand, it’s moving the event from the USC campus to the 2,300-capacity The Novo in downtown Los Angeles.
Set to take place on Feb. 4, the summit will feature a day’s worth of discussions on how the music industry is addressing, adapting to and finding solutions for the climate crisis.
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In addition to the summit’s previously announced programming, the event has added a conversation with promoters and venues including Lindsay Arell, the chief sustainability officer of ASM Global; Lucy August-Perna, the head of global sustainability at Live Nation Entertainment; Erik Distler, the vp of sustainability at AEG; and Kristen Fulmer, the head of sustainability at Oak View Group and GOAL. The discussion will focus on challenges, bright spots and visions for the future.
Additionally, the summit has added a conversation between representatives from several major labels, including Olga LaBelle, the vp/head of ESG at Warner Music Group. Representatives from two other labels will be announced in the coming weeks.
Newly added speakers include Jonathan Foley, the executive director of Project Drawdown; Cassie Lee, the CEO of Sound Future; Adam Met of the band AJR, who also serves as the executive director of Planet Reimagined and a professor at Columbia University; artist Beattie Wolfe; artist AY Young; Jett Glozier, the global head of infrastructure at Sound Diplomacy; Jon Ozaksut, the digital director at the Yale Program on Climate Change Communication; and Rita Kampalath, the chief sustainability offer of L.A. County.
Tickets for the summit are on sale now and available on a sliding scale. The doors open at 8:30 a.m., with programming beginning promptly at 9 a.m. and running until 5:30 p.m.
The event is being organized by the Music Sustainability Alliance, which provides science-based solutions, business case analyses, best practices and tools for operational change across the music industry. The Alliance reports that a diverse group of attendees has already registered for the event, including big names in climate science and sustainability, along with music industry professionals from venues, promoters, agencies, production companies, artist management companies and more.
“Every job is a climate job,” the Music Sustainability Alliance’s Amy Morrison tells Billboard.
Billboard is the official media partner of the Music Sustainability Summit.
Madonna is facing a federal class action lawsuit because she allegedly started three New York City concerts later than scheduled, a delay that her accusers say caused real legal harm to ticket buyers who “had to get up early to go to work” the next day.
In a complaint filed Wednesday (Jan. 17) in Brooklyn federal court, ticket buyers Michael Fellows and Jonathan Hadden claim the Material Girl breached her contract with concertgoers and violated New York state laws by starting three December shows past 10:30 rather than the scheduled 8:30.
“Defendants’ actions constitute not just a breach of their contracts … but also a wanton exercise in false advertising, negligent misrepresentation, and unfair and deceptive trade practices,” attorneys for the two men write.
The three concerts at Brooklyn’s Barclays Center, stops on Madonna’s Celebration Tour, were originally scheduled for July but rescheduled to December due to the singer’s illness. Fellows and Hadden say they expected their show (Dec. 13) to start on time, and “would not have paid for their tickets had they known that the concerts would start after 10:30 p.m.”
“Defendants failed to provide any notice to the ticketholders that the concerts would start much later than the start time printed on the ticket and as advertised,” attorneys for the two men write.
Leaving Barclays Center after 1:00 a.m., the two men say ticket buyers were “left stranded in the middle of the night,” some “confronted with limited public transportation” options and others with increased prices for ride-share services. They also point out that the concert took place “on a weeknight,” meaning they “had to get up early to go to work and/or take care of their family responsibilities the next day.”
In addition to Madonna herself, the lawsuit also names Live Nation and Barclays Center as defendants. In technical terms, the complaint alleges breach of contract; violation of New York’s business practices and false advertising laws; and several other forms of wrongdoing, including unjust enrichment.
The lawsuit also includes a claim of so-called negligent misrepresentation, saying the concert organizers “knew or should have known” that the concerts would not start at 8:30 because of alleged past instances of Madonna taking the stage late — and should have warned fans.
“Madonna has a long history of arriving and starting her concerts late, sometimes several hours late,” attorneys for Fellows and Hadden write. “This history occurred throughout her 2016 Rebel Heart Tour, her 2019-2020 Madame X Tour, and prior tours, where Madonna continuously started her concerts over two hours late.”
Reps for Madonna and Live Nation did not immediately return requests for comment.
Read the entire lawsuit against Madonna here:
Korn guitarist Brian “Head” Welch has invested in Atlantic Behavioral Health, a new mental health treatment center serving Massachusetts and New Hampshire. The center focuses on anxiety, depression and other mental health disorders, combining individual therapy, group therapy and medication management. “Partnering with Atlantic is so personal to me and not just another business to invest in,” said Welch in a statement. “I know what it feels like to live at the bottom of a dark pit, but I also know if you put in the work, the light will come back on, and Atlantic is going to help so many people find that light switch.”
Tune.FM, a Web3 decentralized music streaming platform with an integrated music NFT marketplace, received $20 million in funding from investment group LDA Capital. Tune.FM allows artists to monetize their fanbases through streaming royalty micropayments and digital music collectibles with exclusive unlockable experiences powered by the JAM token ($JAM) using Hedera Hashgraph distributed ledger technology. Tune.FM will use the funds to grow its user base, expand its development team, launch new products and increase liquidity for the JAM token internationally.
iHeartMedia has formed a strategic collaboration with Zigazoo Kids, which encompasses social networks Zigazoo (for children 13 and up) and Zigazoo Kids (for children under 13). Under the deal, the companies will explore opportunities between iHeartMedia’s portfolio of music and podcasts and Zigazoo’s content. iHeartMedia will additionally launch a national, multi-million-dollar campaign across its multiplatform audio network to stoke further awareness of Zigazoo’s social networks.
Independent radio promotions firms Your Army and Strange Loop Promo have merged. Under the deal, both companies will now operate under the Your Army banner out of offices in L.A., New York and Vancouver, Canada.
The U.K. office of Believe has signed a long-term label solutions partnership with Mahogany, the global multi-platform music brand behind the Mahogany Sessions YouTube channel. Under the agreement, Mahogany will handle global distribution for Mahogany’s label, Mahogany Records, along with its video platforms Mahogany Sessions, COVERS and Lagoon. Mahogany will additionally work with Believe’s audience development team to develop the global reach of its imprints across established and developing markets and expand their content into new territories, genres and audio-visual formats. Forthcoming plans include the public launch of Mahogany’s bespoke digital distribution service, Mahogany Songs.
Sony Music Masterworks has formed a strategic venture with London-based live entertainment company Roast Productions. Operating internationally, Roast Productions produces theater, concerts and family entertainment events. Founders Bonnie Royal and Michael Stevens will continue leading Roast’s day-to-day operations while partnering with Masterworks on developing a range of new productions. They will work closely with Masterworks president Mark Cavell and Ollie Rosenblatt, founder/CEO of U.K.-based producer/promoter Senbla.
Comedy festival SF Sketchfest has partnered with livestreaming platform Veeps to stream five of its featured shows exclusively on the platform between Jan. 21 and Feb. 4. The shows to be livestreamed are: Triumph the Insult Comic Dog’s Let’s Make A Poop!, Kids in the Hall: Scenes They Wouldn’t Let Us Do, Varietopia with Paul F. Tompkins, Hello From Magic Tavern and The Trav-enture Zone: A Night of Dungeons & Dragons & Also Comedians. The Kids in the Hall and Tompkins shows will only stream live; the others will be available to replay for 48 hours.
ASM Global has announced a new naming rights partnership with Strawberry Hotel Group that begins in July. Under the deal, ASM will rename the former Friends Arena in Stockholm, Sweden, to Strawberry Arena.
Artelize — a platform that uses artificial intelligence to collect information about concerts and events in opera, classical music, ballet and dance, musicals, spoken theater and jazz, allowing artists and producers to quickly create posts that promote their upcoming events — has closed a pre-seed funding round of €1 million ($1.09 million) led by Bjørn Bruun, founder of Danish fashion brand Bruuns Bazaar, along with other angel investors. Based in Copenhagen, Denmark, Artelize also received a government grant from the Danish Innobooster Programme and a loan facility from the Danish Export and Investment fund as part of the round. The funding will allow Artelize, which is mainly focused on the U.S. market, to expand into the United Kingdom and Europe.
ADA Italy has signed a distribution deal with LaTarma Records. Founded by Marta Donà, LaTarma’s roster includes Ale, Giovanni Toscano, Dolcedormire, Matteo Crea and Angelina Mango.
Production music company ALIBI Music has signed Cadence Music Group as its new synch agent for Canada.
The layoffs plaguing the tech sector have hit YouTube. The streaming video platform will cut about 100 roles as part of a restructuring of its content teams. YouTube chief business officer Mary Ellen Coe announced the changes in a memo Wednesday, and a spokesperson for the platform confirmed them to The Hollywood Reporter. TubeFilter first reported the restructuring. As […]