May’s Notable Hirings, Firings, Promotions, and Mergers

May 31st, 2013

Yahoo bought Tumblr for $1.1 Billion, promising “not to screw it up.”

Madelyn Scarpulia is now GM of Loud and Proud Records.

Sara Connolly has been appointed VP, Film and Television at Universal Music Group’s Island Def Jam & Republic Records label.

The Boot, The BoomBox, and Noise Creep, three of AOL’s former music properties, were just acquired by Townsquare Media (previously MOG Music Network).