Executive Turntable
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LONDON — Less than three months after installing a new CEO, Utopia Music has once again reshuffled its executive ranks, appointing Michael Stebler to lead the Swiss-based company. Stebler, who represents the majority shareholder group behind Utopia Music, succeeds Alain Couttolenc, who has been in the top post since October.
Couttolenc switches to deputy CEO and chief commercial officer, while Drew Hill, who runs Utopia’s U.K.-based physical distribution businesses Utopia Distribution Services and Proper Music Group, has also been named deputy CEO in addition to his ongoing role as chief of distribution.
Pedro Lima, a former Swiss-based executive at global data and analytics company NielsenIQ, joins the firm as chief operating officer.
All appointments are effective immediately and were communicated to Utopia staff in an internal memo sent by the board of directors on Thursday (Jan. 11).
Michael Stebler
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Speaking exclusively to Billboard, Stebler says his extensive experience in the banking and financial industry will bring stability to the troubled firm and help steer it towards growth.
“We believe that the combination of Utopia’s strategy, our network and our financial support will bring the company to the next level,” he says.
Stebler’s appointment as CEO is his first executive post with Utopia, although he has held close ties with the company for several years through his role as managing director of Investment Advisors Zug AG, which operates on behalf of the majority shareholder group. Like Utopia Music, Investment Advisors Zug AG is headquartered in the scenic Swiss town of Zug, located close to Zurich.
Financial details around the size of investment or identities of investors are confidential says Stebler, but he does confirm that the investor group he heads recently increased its shareholding through a successful Series C funding round. Billboard understands that the investor group led by Strebler covered between 40-60% of the first tranche. A second tranche of C-round funding is underway.
The funds will be used to drive commercial growth, enhance product development and strengthen the company’s balance sheet, says the newly appointed CEO, who steps down from his role with Investment Advisors with immediate effect to focus on Utopia..
“We decided to invest further money into the company and we want to have control in the execution,” says Stebler, adding that “intense due diligence” was carried out by the group before increasing their investment.
“What we saw is a really strong backbone, a strong product and service offering, and great USP with the distribution business in the U.K.,” he says. “Otherwise we would have never made a further commitment and gone into a management position.”
FROM RAPID GROWTH TO SNAP DOWNSIZING
Utopia’s latest structural reorganization comes on the back of a highly turbulent few years for the tech company, which delivers financial services for labels, publishers and distributors and first made waves in the music industry by embarking on a frenetic buying spree of 15 companies between 2020 and 2022, including Lyric Financial, a Nashville-based provider of royalty-backed cash advances; and Proper Music Group, the United Kingdom’s leading independent physical music distributor.
Utopia’s period of rapid hyper-growth was followed by a just-as-quick downsizing, beginning with the axing of around 230 jobs in late 2022. More layoffs followed soon after, along with multiple executive departures, office closures, legal action over a stalled acquisition deal, late payments to staff, and the offloading of three of its businesses — Absolute Label Services, U.S.-based music database platform ROSTR and U.K.-based publisher Sentric.
As a result of those divestments and cost-cutting measures, the firm’s global workforce has been trimmed from approximately 1,200 staff to around 440.
“Today, we are in a much better position,” says Utopia co-founder and executive chairman Mattias Hjelmstedt. He says yearly cash burn has been reduced by 84 million Euros as a result of the changes and calls the new injection of C-round funding into the business “paramount” to getting Utopia on a stable footing.
Going forward, Hjelmstedt and Stebler say there are currently no plans to sell any of Utopia’s remaining businesses or to make further staff layoffs, but say that the firm will continue to evolve and finetune its offering to clients across the music industry.
“We believe that we are able to grow with our [current] head count and achieve profitability by mid or end of 2025,” says Stebler. “From an investor perspective, we prefer to invest more in substantial growth instead of cutting costs.”
One way that Utopia will look to do that is by rolling out its advance finance service, which provides music labels and clients with cash advances, to international markets, including the U.S., Continental Europe, Australia and New Zealand.
The company’s executive team is also looking to grow its core tech offering to clients across the music business. Those product services include cross-platform analytics, an AI-powered recommendation engine targeted at DSPs and streaming services, and Utopia’s royalty processing and payments system, TrackNClaim, which tracks music consumption on digital platforms and helps identify conflicts and unclaimed mechanical royalties.
THE PATH TO PROFITABILITY
Utopia’s other core businesses include its two U.K.-based physical music distribution entities: Proper Music Group, which provides distribution services for over 5,800 indie labels and service companies, and Utopia Distribution Services (formerly Cinram Novum), whose clients include Universal Music Group, Sony Music Entertainment and [PIAS].
According to its most recent accounts, Proper Music Group recorded revenue of £30.1 million ($38 million) for the nine-month period ending Dec. 31, down from £42 million ($53 million) in the prior 12-month accounting period, and a £1.9 million ($2.4 million) net loss in 2022. The company said lower sales and increased operating costs were behind the disappointing figures, while accounts for Utopia Distribution Services are yet to be filed in the U.K.
Deputy CEO Drew Hill, a long serving veteran of the U.K. physical distribution industry, says Proper is on track to return to profitability in 2024 as a result of significant investments Utopia has made in the sector.
They include last year’s opening of the U.K.’s biggest distribution warehouse for physical music and home entertainment — a 25,000-square meter facility in the town of Bicester with handling capacity of up to 250,000 units per day — as part of a £100 million ($125 million) long-term deal with international logistics company DP World.
“With the new facility we’ve been able to show all of our labels and clients just what Utopia can do,” says Hill. “From here, we can concentrate on selling Utopia’s services and products to our existing client base, which was always the plan, and use Proper and Utopia Distribution Services as funnel to those people. We’ve shown what we can do, built some amazing relationships. Now people are going to see what the true Utopia product is.”
At present, Proper and UDS generate the bulk of Utopia’s revenue but Strebler is confident that the structure is in place to help grow the firm’s other income streams so that it moves closer towards a 50/50 split between physical distribution and tech/financial services.
He declines to discuss revenues, but confirms Utopia’s two biggest markets are the U.K. and U.S. (Last year, Hjelmstedt told Billboard the firm generates over €100 million [$110 million] in global revenue a year, but this was prior to it offloading Sentric and Absolute.) The company says it nis focused on strengthening its balance sheet and is currently working through its outstanding debt and tax obligations.
“We have never been about disrupting or taking over the industry,” says Hjelmstedt. “It’s always been about helping the industry be better and grow. And the more that we have been able to talk to the different parts of the industry, and the more that they are now trusting us to solve those problems, the more likely we are to succeed with that mission.”
Nate Albert has been appointed president of Giant Music, the independent record label launched in 2022 by Irving Azoff and his son Jeffrey Azoff.
A recording artist and creative A&R executive with major label experience, Albert joins the team at Giant which includes co-founder Shawn Holiday, Matt LaMotte and Charles Hamilton, Billboard can reveal.
When Giant Music was established as part of the Azoff Company, Holiday ran the venture’s day-to-day operations.
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“Partnering with Nate at Giant is the next step for us in building a world class label,” Holiday explains in a statement, issued Thursday (Jan. 11). “As an artist himself, he understands how to help artists achieve their dreams and that is what we do at Giant.”
Albert is co-founder, guitarist, songwriter and co-producer in ska punk band The Mighty Mighty Bosstones, which split in 2022 after more than 30 years, 11 albums and 10 EPs. Six of the band’s LPs cracked the Billboard 200, with 1997’s Let’s Face It peaking at No. 27 and logging 50 weeks total weeks on the chart.
He comes to Giant Music from Warner Records, where he developed and signed best new artist Grammy Award nominee Omar Apollo, Teddy Swims, and others. Before that, Albert was an A&R executive at Capitol Records and Republic Records, where he signed The Weeknd and Maggie Rogers, and worked on projects with Dua Lipa, Marshmello, Roddy Ricch, Troye Sivan and more.
“I am thrilled to help build a new label from an artist’s and manager’s perspective in 2024,” he comments on his new role. “Irving and Jeffrey have a sterling reputation as defenders of artists’ rights and that spirit and point of view will continue to thrive at Giant Music.”
The goal, he continues, “is not just to create another option for the creative community, but to create a place for the creative community to call home.”
Giant Music revives the Giant name for the Azoffs, with the elder Azoff launching Giant Records in 1990 as a joint venture with Warner Bros. Records. The label went on to work with artists including MC Hammer and Color Me Badd.
Based in Los Angeles, The Azoff Company’s portfolio includes Full Stop Management, Global Music Rights, Oak View Group, Iconic Artists Group, and Giant Music, which boasts the motto: “Creativity, transparency, and passion.”
Giant’s roster includes Ayleen Valentine, Cash Cobain and Fendida Rappa.
Beatport is launching the new year with a pair of key promotions. The company’s CFO Matt Gralen will now also serve as president, while Helen Sartory will serve as chief revenue officer for all of the company’s revenue drivers, including the electronic music digital download store Beatport and the open format music download platform Beatsource, along with Plugin Boutique, Loopcloud, LabelRadar and Beatport Amp.
Both Gralen and Sartory will continue reporting to Beatport CEO Robb McDaniels, with Gralen and McDaniels to collaborate on company-wide strategy and Sartory overseeing the next phase of The Beatport Group’s growth strategy. Both are based in the company’s London office.
The company reports that Beatport’s annual revenue has more than tripled since McDaniels took over as CEO in 2017. A representative for Beatport tells Billboard that the company’s annual revenue for 2023 was “well over” $100 million. In 2022, the digital service claimed to have sold 25,519,770 song downloads — making up nearly 12% of all tracks downloaded globally.
“Matt and Helen have proven themselves as trusted leaders through building out our product portfolio, supporting our diverse team and culture, and delivering profitable growth,” said McDaniels in a statement. “We believe that, just as streaming revolutionized the music industry in the previous decade, a significant shift to more engaged and interactive experiences is coming. DJs are the originators of this movement and all types of creators and fans are joining. I am pleased to have Matt and Helen take on expanded roles as we continue to invest in this future.”
Before starting at Beatport, Gralen served as executive vp of corporate development at UnitedMasters, a distribution platform for independent artists. He also previously held positions at Mass Appeal, Raine Group and Goldman Sachs.
“Our team at Beatport cares deeply about the future of music for creators and fans, and we believe that strong businesses can help drive positive change,” added Gralen. “I’m incredibly grateful for the opportunity ahead and the team I work alongside. We all look forward to delivering for Beatport’s global community.”
Sartory has been with Beatport for a year and a half, and most recently served as senior vp of creator services. She previously held positions at The Rattle, Greenhill & Co. and Lazard.
“The last year and a half at Beatport has been incredibly rewarding,” Sartory said. “We’ve built innovative tools and technology for artists, producers and labels, and have increased incremental revenue opportunities along the way. I am looking forward to working with the entire Beatport team in this expanded role to continue to transform our business.”
Columbia Records announced Joe Gallo‘s promotion to GM on Wednesday (Jan. 10). Gallo, who started at the label more than a decade ago, previously held the position of executive vp/head of sales. “Spending the last ten years in a commercial role allowed me to work with teams across the label and its storied roster,” Gallo […]
After 25 years, Jack Sussman is stepping down as executive vp of specials, music, live events and alternative programming for CBS Entertainment. Sussman, who will leave following the Feb. 4 Grammy Awards, will return to producing, including serving as executive producer of two tentpole CBS specials, the Tony Awards and the Kennedy Center Honors.
Mackenzie Mitchell has been upped to vp of specials, while Mitch Graham will continue to run unscripted as executive vp of alternative, which he has overseen since 2020. Graham will report to Amy Reisenbach, president of CBS Entertainment, while Mitchell will report to Reisenbach and Bruce Gillmer, president, of music, music talent, programming and events for CBS parent Paramount and chief content officer of music of Paramount +.
“This is a storied department and I know both Mackenzie and Mitch will lead the team with distinction, transparency and positivity,” Reisenbach said in a staff memo obtained by Billboard. “They both launched careers and rose through the ranks at CBS while establishing deep roots in the TV community with limitless passion and creativity for making quality popular television.”
Sussman joined CBS in 1998 following roles at MTV, VH1, CNN and NBC and oversaw a wide variety of specials and yearly awards shows at the network. “I love live television,” he told Billboard in a 2017 profile. “You get one chance at it, and everybody’s got to be going in the same direction, because you are walking a tightrope.”
In an internal email, Sussman wrote to his colleagues, “I’m returning to my roots. I get to close out my career how I started in this business — producing. Working with talented artists and other creative producers has always been the best part of the job and now I will get to do that full time.” In addition to working on the Tonys and Kennedy Center Honors, Sussman says he will be “developing and producing outside passion projects for various platforms and live events along with the pro social and charitable organizations I have connected with throughout my career. A perfect next chapter as I look to slow down a little.”
Sussman has worked on more than 100 specials at CBS and with such artists as Garth Brooks, Bruno Mars, Celine Dion, Adele and Michael Jackson. “I’m so grateful to all the artists, managers, producers, record labels and production teams I’ve worked with along the way,” he wrote. “I had the good fortune early in my run at CBS of being mentored (and yelled at on occasion) by the giants who started the live television event business. I learned so much from them, and only hope I have been able to pass along some of that historical wisdom to this next generation.”
Both Graham and Mitchell have long tenures at CBS. Mitchell began at CBS in 2014 as a temporary assistant and had risen to vp while working on such annual shows as the Grammy Awards, Kennedy Center Honors and Tony Awards, as well as such specials as Garth & Trisha Live! and Adele: One Night Only. Graham started in the publicity department in 1999 and transitioned to the alternative department in 2013. He has worked on such shows as Amazing Race and Survivor. He has overseen the unscripted division since 2020.
“So proud to have watched these individuals and the collective team grow,” wrote Sussman in his memo to CBS staffers. “Mitch Graham is the best Alternative executive in town and Mackenzie Mitchell has grown into an outstanding executive overseeing our music and specials. You will not find two finer humans. The team is in great hands moving forward. They are simply the best, and a big reason this decision is both easier and harder.”
Sussman most recently oversaw CBS’ New Year’s Eve Live: Nashville’s Big Bash. The Dec. 31 show averaged 8.31 million viewers, more than doubling its primetime audience in 2022. This made it CBS’s most-watched original entertainment special since the Grammy Awards in February 2023. CBS also scored a ratings win with Jan. 7’s Golden Globes, which averaged 9.47 million viewers in its first year on the network, according to Nielsen.
Happy New Year! It’s time for another quick spin around the Executive Turntable, Billboard’s comprehensive(ish) compendium of promotions, hirings, exits and firings — and all things in between — across music.
ASM Global welcomed live music veteran and former artist manager Jason Rio as senior vice president of live entertainment and content development. In his new role, Rio will oversee ASM’s plans to grow its position in content generation for its arenas, stadiums, theaters and convention centers. Rio brings years of promoter expertise ranging from his time at Live Nation, where he held senior roles in the major Houston and Chicago markets, to his most recent assignment as vp of music for the Ambassador Theatre Group. In a past work life, Rio spent 20 years managing the likes of The Fray, Liz Phair, Michelle Branch and others. He also worked for Pres. Barack Obama’s re-election campaign in 2012 … Across the pond, Andy O’Sullivan joined the company as CEO of landmark multi-use event space Olympia London. He arrives following an 11-year run as venue director at Tottenham Hotspur Stadium. “I’m incredibly excited to be joining such a transformational project at such a critical time, one that’s taking shape right here in London!” he said.
Wise Music Group hired Betsey Perlmutter as vice president of Schirmer Theatrical, the company’s concert and theatrical production arm. In her new position, Perlmutter will focus on leveraging WMG’s global catalog across symphonic, ballet, concert and theatrical disciplines. She is best known as former producer and artistic planning manager for the New York Philharmonic at Lincoln Center, where she oversaw the expansion of non-traditional concert programming, spanning musical theater, contemporary opera, chamber music and the launch of The Art of the Score film music series. Prior to the Phil, she held positions at Wave Hill Cultural Center and the New York Public Library. “Betsey’s extensive experience with the New York Philharmonic at Lincoln Center is invaluable to us as we embark on this new stage of international creative rights development,” said Robert Thompson, president.
DICE hired Piper McCoy as vp of communications, overseeing campaigns, executive profiling, thought leadership initiatives and government affairs comms. She previously held the same role at Buzzfeed, and has held key roles at Rush Communications, Roc Nation, New Era Cap and Walmart. “With over 20 years of experience across the media, sports and entertainment industries, Piper has been brought on board to build DICE’s stakeholder and industry engagement, drive growth across Europe and the US, and guide DICE in reshaping the live music industry through impactful strategic storytelling campaigns,” the company said in its announcement.
Board Shorts: The Golden Globe Foundation, formed last year following the award show’s sale to Eldridge Globes, elected its officers and board of directors for the year. Veteran photojournalist Earl Gibson III will serve as board chair, freelance journalist Henry Arnaud as treasurer, and leadership consultant Tom Kittleson as secretary. The foundation’s board also includes Silvia Bizio, Mia Farrell, Jeff Harris, Helen Hoehne, Adam Tanswell, and Meher Tatna.
Sony Music’s AWAL promoted a pair, putting Jacqueline Rossi in charge of the company’s global commercial partnerships team and Dale Connone at the helm of streaming and promotion efforts. Rossi was most recently senior director of global commercial partnerships, while Rossi led initiatives related to digital services. He also helms the independent label service IN2UNE, an AWAL-owned music coalition.
Dale Watson’s annual Ameripolitan Music Awards hired industry mainstay Roger Christian as head of marketing and promotion ahead of its 10th annual show, taking place Feb. 18 at The Moody Theater in Austin. With over 40 years of experience in the bank, Christian has held senior roles at MCA, Sony/CBS, Jem Records Texas and Big State Distributing, among others, and most recently centered his efforts growing his Roger Christian Entertainment Group. “Promoting the Ameripolitan Music Awards is the kind of challenge I love,” Christian said. “I’m so very honored to be working with Dale, Celine and all the incredibly talented artists in Ameripolitan Music.”
Last Week’s Turntable: BMG Lifer Heads Back to Berlin
Sphere Entertainment Co. has promoted Ed Lunger to senior vp/GM of Sphere, the groundbreaking venue that opened in Las Vegas last September.
After previously serving as Sphere’s vp/assistant BM of back of house operations, Lunger will now oversee building operations, event production, technical operations, guest services, food and beverage, merchandise operations and ticket operations. He will also work across the Sphere organization to develop, execute and support strategic plans aligned with the venue’s overall business objectives.
“Being part of the Sphere team opening this next-generation venue has been an honor, and I’m grateful for the opportunity to now lead our venue operations team in this new role,” Lunger said in a statement. “Sphere is setting a new standard for the in-venue guest experience, and I look forward to working with my colleagues across the organization as we continue to deliver unforgettable moments for our guests right here in Las Vegas.”
“I am pleased that Ed has taken on a new leadership role with Sphere,” added Rich Claffey, Sphere’s executive vp/COO. “Since its opening, Sphere has been delivering a first-of-its-kind experience to guests. With his deep expertise in venue management and operations, including at other venues in the MSG Family of Companies, Ed will ensure that Sphere is well positioned to continue building on our world-class experience.”
Lunger is based in Las Vegas and has been on Sphere’s venue leadership team since 2020. He previously spent seven years on the venue operation team at the Forum in Inglewood, Calif., and also worked in various venue operations and engineering roles at Madison Square Garden.
Sphere opened to much fanfare in September with a residency from U2. In December, Billboard Boxscore reported that the band’s 17-show run at Sphere generated nearly $110 million in ticket sales; a Securities and Exchange Commission filing from Dec. 5 notes that those shows generated a total of $30.7 million in revenue for Sphere Entertainment through Nov. 30. Meanwhile, Sphere Entertainment’s own content offering, Darren Aronofsky’s Postcard from Earth, generated approximately $44.5 million in total revenue from ticket sales from 111 showings.
U2‘s residency has been extended multiple times, with the final shows slated for May. Phish will play its own four-show Sphere residency this April.
If it’s Friday, you know it’s high time for another spin around the Executive Turntable, Billboard’s comprehensive(ish) compendium of promotions, hirings, exits and firings — and all things in between — across music.
BMG made a switch in Brazil, promoting Daniel Fernandes to general manager as Jasmina Zammit departs to take on an international role at the music company’s Berlin headquarters. During his short time at BMG — he joined in 2022 as senior director of A&R — Fernandes is credited with signing Élcio di Carvalho, Ariel Donato and Raffa Torres. He was previously at Sony Music-owned Brazilian label Som Livre. BMG Brazil is based in São Paulo, where Fernandes and his team will work closely with Julio Vieira, vp of finance & operations for Latin America. BMG’s operation in São Paulo was launched in 2016 and evolved from managing existing repertoire to developing its own local signing strategy, offering music publishing and recordings under one roof. “I thank Jasmina for her trust and am looking forward to working with our amazing Brazilian roster and to further grow our local catalogue,” said Fernandes. “The opportunity to lead BMG Brazil’s team is both an honor and a privilege and I am thrilled and excited about the journey ahead.”
Daniel Fernandes and Jasmina Zammit
BMG
German-born Zammit is what you’d call a BMG lifer, having joined as an executive assistant in 2008 — the year it relaunched after Bertelsmann sold its stake in Sony BMG — and rising over the years to vp of international licensing and marketing in Berlin before making the move to Brazil, as general manager, in 2018. Two years later she was appointed managing director. “Setting up and heading the Brazilian operation has been quite a challenge, but foremost an amazing experience!” she writes on LinkedIn. “I am truly grateful for everyone who has helped me navigate through the peculiarities of the local music industry. Thank you to all the business partners, artists and writers for their trust!”
Zammit’s new role back home in Berlin is focused on Latin America and emerging markets.
Warner Music Group‘s global catalog team hired Jeremy Sponder as vice president of U.S. marketing for international repertoire. In his new role, Sponder manages stateside marketing activations for UK/international catalogs of both the shallow and deep persuasions. He’s based in NYC and reports to team vp of communications Lauren Papapietro, while also working closely with Katie Graham and Stuart Wheeley. Sponder shimmies over to WMG’s catalog team from ADA Worldwide, the company’s artist and label services arm, where he has been vp of catalog since 2021. Prior to ADA, Sponder marketed deep/shallow catolog content for UMG’s catalog division, UMEe, and before that spent time five years at at Sony Music-owned indie distributor The Orchard.
Nashville-based live entertainment promoter Outback Presents promoted Jenny Reid to vice president of ticketing, overseeing all ticketing operations and focusing on country and comedy events. Reid and her ticketing team have managed tours in North America for artists and comedians including Alabama, Nate Bargatze, Taylor Tomlinson and John Crist. Reid has been with Outback Presents for four years and previously worked at Huka Entertainment, Ticketfly and Eventbrite. “Jenny has built an incredible team that we are extremely proud of,” says Smardak. “With over ten years of experience in ticketing and box office operations, Jenny has lead the force to establish a powerful ticketing team at Outback.” –Jessica Nicholson
Board Shorts: Music Venue Trust, the UK charity that looks after the interests of some 900 grassroots venues, added four folks to its board of trustees. Joining are Ausa Qureshi, music program manager at Summerhall in Edinburgh; Emma Bownes, a programmer at The O2; Jane Beese, director of music at Factory International; and musician Rhoda Dakar. They join existing trustees Bonita McKinney, Phyllis Belezos, Scott Taylforth, Chris Prosser, Simon Hilton, Sarah Thirtle, Jason Dorman, and Jeremy Pritchard. Exiting the board are Sarah Clover KC and Lohan Presencer … Hipgnosis Songs Fund appointed Christopher Mills, the CEO of North Atlantic Smaller Companies Investment Trust, as an independent non-executive director of the company. HSF also disclosed the committee chair positions of the following members: Cindy Rampersaud, audit and risk management; Robert Naylor, nomination; Simon Holden, portfolio; and Francis Keeling, management engagement.
Last Week’s Turntable: New Leaders at Kakao and Vibe
If it’s Friday, you know it’s high time for another spin around the Executive Turntable, Billboard’s comprehensive(ish) compendium of promotions, hirings, exits and firings — and all things in between — across music.
Keychange U.S., a non-profit organization championing gender equity and inclusion across music, added four new members to its board of directors: Andreea Gleeson (TuneCore), Christine Osazuwa (Measure of Music, Shoobs), Jessica Sobhraj (Cosynd), and Matthew Yazge (Whitman Insight Strategies). Additionally, Keychange U.S. hired YouTube and Reddit veteran Maria Gironas as its new general manager, working closely with the board on its stateside initiatives. Founded in 2017, Keychange focuses on empowering women and gender minority artists and industry pros. The organization’s goal is to reshape the music industry to make it more inclusive. Keychange’s Gender Equality Pledge has been signed by more than 650 global music organizations. The U.S. expansion of Keychange was launched in June 2022 with funding from TuneCore and its Paris-based parent Believe.
“After launching the gender equality study, BE THE CHANGE three years ago, it was important that we continued to support the mission of the report, namely, to see the industry move towards more equitable and diverse representation across genders. That’s what led us to Keychange,” said Gleeson. “Witnessing the impact of what Keychange has been able to achieve in Europe and the many lives it has influenced, it became apparent that we needed to bring similar efforts to the US. I’m honored to be named US Chair for the Board of Directors. Together with the rest of the illustrious board, I am excited to continue to drive impact, both globally and locally, for women and gender-expansive individuals, be they developing music creators or rising executives.”
South Korean tech conglomerate Kakao, owner of Kakao Entertainment and a majority stakeholder in K-pop company SM Entertainment, appointed Shina Chung to be its next CEO. She currently runs the company’s venture arm. When Chung officially takes over the mothership in March, she’lll be Kakao’s first female chief executive and has already signaled change is afoot at the perpetually embattled company. “I will carry out active and responsible management,” Chung said. “I will not miss this opportunity for change because Kakao does not have much time.” Her appointment arrives a month after Kakao and its former chief investment officer were indicted for stock manipulation related to its pursuit of SME earlier this year. Kakao owns the country’s dominant chat app, KakaoTalk, and subsidiary Kakao Entertainment owns Starship Entertainment, home to K-pop megastars Monsta X, as well as South Korea streaming app Melon. In August, Kakao Entertainment and SM Entertainment revealed their plans to create a North American joint venture by the end of this year.
Ming Lu was appointed to the newly created role of vice president of artist development and entertainment strategy at Universal Music Greater China. Ming Lu’s job will be to build up opportunities for the label’s Chinese-language roster and facilitate opportunities for artists across film, TV, gaming and other sectors. Ming Lu joins Universal from Warner Music, where he most recently served as a senior director. Prior to WMG, he put in five years as director of artist management at Modern Sky.Based in Beijing, Ming Lu will report directly to Timothy Xu, chairman and CEO of UMGC. “With his keen insights on youth culture and strategic approach in the entertainment businesses, Ming Lu will be instrumental to drive the innovation and growth at the very heart of our business – providing the full spectrum of services and utmost opportunities for artists,” said Xu.
All in the Family: Veteran journalist Raina Kelley is VIBE‘s new editor-in-chief. Starting Jan. 2, Kelley will oversee the editorial direction and vision of the 30-year-old VIBE brand as it begins a new chapter as part of the portfolio of its sister publication Variety. She’ll work closely with Variety co-EICs Ramin Setoodeh and Cynthia Littleton, who’ll expand their remits as editorial directors of VIBE. The NYC-based journalist was most recently vp and EIC of Andscape, the ESPN vertical devoted to covering the intersection of Black culture and sports. She assumed the leadership role in May 2021 after serving as managing editor of the site (then called The Undefeated) for five years. Prior to The Undefeated, she served as deputy editor at ESPN The Magazine. Vibe joined the Penske Media portfolio — which also includes Billboard and The Hollywood Reporter — through its 2020 joint venture with MRC. “We’re thrilled to welcome Raina to the Variety family,” said Setoodeh and Littleton. “Raina brings with her an incredibly rare set of skills and experiences across politics, sports and media. She will be instrumental in maintaining VIBE’s unique voice of authority and infusing her perspective into all of our initiatives. We look forward to VIBE’s exciting evolution ahead.”
Agency Briefs: Creative Artists Agency (CAA) announced 16 promotions to agent. Those promoted include Gabrielle Fetters, Megan Glendinning, Justin Gorkowitz, Evan Greenberg, Leilani Houston, Alex Hubert, Hannah Kaiser, Ashley King, Kyle Margolis, Peppa Mignone, Max Miller, Khalil Roberts, Sarah Phillips, Cami Potter, Jack Upton, and Connie Yan to agent or executive. (Dave Brooks) … GOA Music & Speakers (Greg Oliver Agency, Inc.) has expanded and elevated its staff, with Tim Robinson joining as an artist agent, and David Richt being promoted from booking coordinator to artist agent. GOA Music currently represents Big Daddy Weave, Tasha Layton, Rhett Walker and more. (Jessica Nicholson)
Death Row Records hired UMG veteran Kat MacLean Daley as the revamped label’s first vp and head of publishing, effective immediately. No surprise, MacLean Daley reports directly to DRR owner Snoop Dogg and is based in Los Angeles. In her new role, she’ll handle day-to-day operations and focus on building on Death Row’s publishing prowess, plus expand the label’s catalog and roster. She joined UMPG in July 2017 in the business and legal affairs department, and worked her way up to director of music sampling and business development. “Kat’s already a legend in the world of clearances and publishing, and her drive and discipline was what I wanted to bring to Death Row,” said Snoop. “The talent that has been a part of Death Row for over 30 years deserves to have their songs heard, but also to be properly licensed and paid as songwriters and producers. I know that Kat is the right person to take care of our history, while also helping us write the story for the chapters to come. There’s a Kat in the Dogg house now.”
Board Shorts: The Country Music Association elected its board of directors for 2024, with new board members including Austin Neal (The Neal Agency), Shannan Hatch (SESAC), Mike Harris (UMG Nashville), Jeffrey Hasson (UTA), Annie Ortmeier (Triple Tigers Records), Rachel Whitney (Spotify), Brent Daughrity (Gallagher), Deana Ivey (Nashville Convention & Visitors Corp), Michelle Tigard Kammerer (Amazon Music), Adam Weiser (AEG Presents), Stephen Parker (NIVA) and John Zarling (615 Leverage + Strategy). The board officers for 2024 will be Kella Farris, chairman (Farris Self & Moore, LLC), Jay Williams, president-elect (WME), Jennie Smythe, president (Girlilla Marketing) and Ben Vaughn, secretary/treasurer (Warner Chappell Music Nashville) … Former Stone Temple Pilots manager Steve Stewart joined the advisory board of Sonar Media, a new music, social media, and streaming mobile platform … Former AOL and Univision-ary Kevin Conroy joined the advisory board of American Weekend Entertainment, parent of Gen Z influencer network Music Daily.
ICYMI:
Warner Music Nashville appointed Stephanie Wright as senior vp of A&R … WME announced detailed departmental changes relating to A&R and bookings … Scott Hendricks (pictured) will be leaving Warner Music Nashville at the end of the month … The National Independent Talent Organization (NITO) hired Nathaniel Marro as its first managing director … and Datwon Thomas was named executive producer of talent for Dick Clark Productions (DCP).
Global creative audio network Squeak E. Clean Studios named Chris Clark and Michael Gross (MG) co-managing directors of the U.S. At the same time, Hamish Macdonald will step aside as global managing director of the company, which creates soundtracks and sound designs for ads, film and TV, but he’ll continue to oversee Squeak E’s operations in Australia. Clark joined the Squeak squad in 2020 from ad giant Leo Burnett, while MJ is two years in after a tenure at someplace called “Google.” Macdonald said he is “so proud of this announcement,” adding, “It is such an incredibly exciting next stage in Squeak E’s growth and a much deserved promotion to two great leaders. Both Chris and MG have all the talent, skills and drive to handle the role of MD independently, but as they both bring insights steeped by equally impressive backgrounds from different sides of the industry, they are the dynamic duo to lead this incredibly talented team into the stratosphere.”
Radio, Radio: Partridge Family star Danny Bonaduce retired from Seattle radio this week after 12 years at classic rock station KZOK. Bonaduce, who said he’ll take it easy in Palm Springs but keep a place in his “beloved Seattle,” said recently that he has hydrocephalus, a neurological disorder caused by a buildup of fluid in cavities deep within the brain … Australian radio legend Richard Kingsmill announced his retirement after a 35-year reign as a champion of music at Triple J radio. “His dedication and passion for supporting Australian music and musicians has shaped our industry,” said APRA AMCOS in a statement. “An absolute a radio her. Big bravo.”
Warner Music Group veteran Barry Landis launched Pivot Music, a new label offering scoring and licensing services for filmmakers and music supervisors. Pivot’s general manager of operations is Ben Jones, a graduate of Belmont University’s Curb College of Music Business. “I’m excited for this new approach to the music industry,” says Jones. “The models for business are constantly changing and being at the frontlines of these shifts is crucial.”
Anastasia Brown departed Visionary Media Group (VMG), where she has been chief content strategist since 2020. Brown’s role centered on directing the creation and allocation of all digital and physical content across platforms for VMG’s music, film, television and scoring projects. Her 30-year career includes roles as a music supervisor, artist manager, music publisher, film/soundtrack/TV producer, author, TV personality, A&R/label executive and content creator at companies including Firstars Management in Nashville, Ark 21 Records, the Nashville Convention & Visitors Corporation and Warner Nashville. She earned a Grammy nod for her role as music consultant on the 2011 Footloose remake and served as an on-air judge on the USA Network series Nashville Star from 2005 to 2007.
Experiential entertainment company Mycotoo promoted Cirque du Soleil alum Michael Wilder to director of production and hired Jessica Herrera as director of business development. Wilder has 25-plus years of experience under his belt, and recently spearheaded Mycotoo’s production for the fan activation for Netflix’s “Stranger Things: The Experience.” Herrera has 16 years of economic development experience and was previously the director of econ dev for the city of El Paso, Texas. Mycotoo CEO Seth Cover: “Their unparalleled expertise and track record of success will be undoubtedly valuable in enabling us to deliver live experiences that bridge entertainment, human connection, and inspiration to audiences worldwide.”
Executive Turntable: Spotify’s UK Boss Departs
Warner Music Nashville has appointed Stephanie Wright as senior vp of A&R, reporting to label co-chair/co-president Cris Lacy. Wright joined the company as a consultant in October. Wright has spent more than 23 years in A&R at Universal Music Group in Nashville, beginning as an assistant at Capitol Records and rising through the ranks to […]