"Due to unforeseen circumstances, LA Reid will no longer be #midem's opening keynote, June 6. The rest of the programme remains unchanged."
L. A. Reid, who until earlier this month was the CEO/Chairman of Epic Records, recently left the label under a cloud of sexual harassment allegations.
Variety, who first reported on Reid's withdrawal, noted that Reid has kept a low profile since exiting Epic in early May. As of yet, no replacement has been announced by MIDEM.
According to Variety, Reid has been meeting with investors, including CAA co-founder Michael Ovitz about the potential of launching his own entertainment company.
MIDEM will take place this year from June 6 – 9 in Cannes, France. - via Celebrity Access