Tuesday, October 3, 2017

Shake-up on Warner’s board: Max Lousada and Jon Platt in, Cameron Strang out | Music Business Worldwide

There’s been a big shake-up on the board of Warner Music Group.

Max Lousada, Warner’s new global head of recorded music, has joined the major’s corporate top table alongside Jon Platt, the CEO/Chairman of Warner/Chappell.

However, in what’s being read as an indicative move, Cameron Strang – the current boss of Warner Bros Records – has stepped down from the Board.

Strang apparently resigned from the WMG Board on Sunday (October 1), amid speculation that Sony/RCA’s Tom Corson and UMG/Interscope’s Aaron Bay Schuck are set to be unveiled as the new duo running Warner Bros in Los Angeles.

Lousada is understood to have targeted, and ultimately attracted, Corson and Bay-Schuck to leave their current roles to join Warner.

The addition of Lousada and Platt sees the WMG board increase in size to 13 directors.

Platt,  51, has served as Chairman and CEO of Warner/Chappell Music since May 2016.

Lousada, 44, became CEO, Recorded Music, Warner Music Group, as of October 1, 2017.

He will oversee all of the Company’s global recorded music operations, including Atlantic, Warner Bros., Parlophone, Warner Music Nashville, Global Catalog/Rhino and Warner Classics, as well as the Company’s international Recorded Music affiliates and WMG’s Artist & Label Services divisions,  WEA and ADA.Music Business Worldwide

[from http://ift.tt/2kVf04A]

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