September 30th, 2012
Lyor Cohen is leaving Warner Music Group after eight years at the company. The WMG executive’s most recent title was Recorded Music Chairman and CEO. Cohen released the following statement: ”To all the artists and employees who live and die for the music every day, and who personally sacrifice for the good of the creative process: ‘keep on keepin’ on’ in the tradition of a company that respects and honors the artistic community.”
Big Jon Platt, formerly at EMI Music Publishing, is now the President of North American Creative at Warner/Chappell.
Richard Strasser has been named an interim judge for the Copyright Royalty Board (CRB).
Massive entertainment company AEG is now for sale, its assets including Coachella, a partial stake in the Lakers, AEG Live, and over 100 venues. Offers are starting to come in but no specific price tags have been published.
Dangerbird Records co-founder Jeff Castelaz may be moving to WMG-owned Elektra.
Matt Pincus, founder and CEO of Songs Music Publishing, has just been added to the ASCAP Board of Directors.
Fox Music president Robert Kraft has stepped down after 18 years with the company.