July 31st, 2012
Long-time Google exec Marissa Mayer moves to Yahoo!, taking over the position of CEO and President. Mayer is also an expecting mother, due October 7, 2012.
Downtown Music has promoted Andrew Bergman to Chief Operating Officer.
30-40 people at EMI have been laid off due to the integration with Sony, according to sources. Those people reportedly include Ben Vaughn, head of EMI Music Publishing’s Nashville operation; EMI Group CEO Roger Faxon, who was rumored to walk away with an $8 million exit package; Jake Ottmann, SVP of creative; Leotis Clyburn who worked in a joint role with Roc Nation; Matt Messer; and Barbara Sedun.
SoundExchange added three new board members: Duncan Crabtree-Ireland (SAG-AFTRA), Ray Hair (American Federation of Musicians), and Paul Robinson (Warner Music Group).
Steven Tyler and Jennifer Lopez are leaving American Idol, and Mariah Carey is confirmed as a new judge on the 12th season of the show.
Spin was acquired by Buzzmedia.
VEVO UK chief Jonathan Lewis and commercial director Jonathan Lewen are both leaving the company.
Warner Music Group promoted Mike Caren to president, worldwide A&R, from his former position of EVP, A&R for Atlantic Records and co-president for the recently relaunched Elektra Records label.
Daryl Berg was named vp of music at Shine America.
Richard Branson has expressed interest in re-purchasing Virgin Records from Universal Music Group, as UMG starts shedding assets to appease in order to gain European approval over its EMI acquisition.