Max Lousada Named CEO, Recorded Music for Warner Music Group
(Thomson Reuters ONE) -
Widely respected artist champion, leader and innovator promoted to global role
NEW YORK & LONDON, April 05, 2017 (GLOBE NEWSWIRE) -- Max Lousada has been named
CEO, Recorded Music for Warner Music Group (WMG), effective October 1, 2017.
With this promotion, Lousada will oversee all of WMG's global Recorded Music
operations, including Atlantic, Warner Bros., Parlophone, Warner Music
Nashville, Global Catalog/Rhino and Warner Classics, as well as WMG's
international Recorded Music affiliates and WMG's Artist & Label Services
divisions, WEA and ADA.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/319e639d-bbfa-48f6-ab85-
d01822bdbebd
Lousada is currently Chairman & CEO of Warner Music UK (WMUK), home to a host of
British superstars, including Ed Sheeran, Coldplay, Muse, Blur, Gorillaz, Liam
Gallagher, Rita Ora, Tinie Tempah, Jess Glynne, Clean Bandit, Iron Maiden, Pink
Floyd, Kate Bush and Paul Weller.
Reporting to WMG CEO Steve Cooper, Lousada will divide his time between London
and New York, and will continue to lead Warner Music UK alongside his new
worldwide responsibilities.
Steve Cooper said: "With WMG breaking more superstars and leading the industry's
transition to streaming, this is the perfect time to appoint a proven leader to
turbocharge the success of our Recorded Music division. Max's wide-ranging
achievements make him the natural choice. Since taking over the helm of Warner
Music UK, he has continued to build his reputation for identifying and
developing world-class artistic and executive talent. At the same time, he's
transformed our UK operation, with an inspired vision of a truly progressive
music company in the 21st century. He's the consummate music man, always
exploring what we can do differently to benefit our artists, their fans, our
people and our partners. I'm looking forward to working with Max as he leads our
outstanding Recorded Music management team."
Len Blavatnik, Founder & Chairman of Access Industries, said: "Max has developed
Warner Music UK into the premier home for British artists and a center of music
innovation. WMG's artists and our global Recorded Music operations will greatly
benefit from his creative thinking and artist development expertise."
Max Lousada said: "I came to Warner because it's always been such a fantastic
melting pot of independent spirits uniting to champion artists that change
culture and make music that matters. Fourteen years later, that ethos is as
strong as ever, so I'm delighted to have the opportunity to build on those
foundations with my extremely gifted partners around the world. Together, we'll
continue to create an environment where talent has the support and the freedom
to flourish, where we empower our artists and our people to be true pioneers,
and where we inspire audiences to be as excited about music as we are. I would
like to thank Len and Steve for their tremendous support."
During his three years as CEO of Warner Music UK, Lousada and his team have
consistently grown market share, broken chart records, and released music that
has achieved global success. Recent highlights include Ed Sheeran, who has
smashed records around the world with the release of ÷ (Divide), while his
single "Shape of You" is the longest running No.1 for a British artist since the
early '90s; Coldplay, who were named the biggest band in the world by the IFPI
following the release of A Head Full of Dreams; Clean Bandit, whose single
"Rockabye" was at No.1 for nine weeks, and Jess Glynne, whose debut album was
among the top ten best-sellers for two consecutive years.
Since 2013, Lousada has expanded Warner Music UK's repertoire centers to serve a
broader range of artists, playing an instrumental role in the integration of
Parlophone into WMUK, as well as reviving the East West Records imprint and
launching dance music imprints within each of the UK's front line labels. In
addition, he has strengthened the company's creative capabilities with the
launch of The Firepit, a video content division, innovation lab and state-of-
the-art recording studio.
Lousada began his music industry career straight out of college, founding his
own distribution company, In A Silent Way. In 2000, he became the European
Managing Director for the influential New York-based hip-hop label Rawkus
Records, where he worked with artists such as Mos Def, Black Star, Talib Kweli
and Pharoahe Monch. In 2002, he joined Mushroom Records as Head of A&R, signing
ambient dance act Zero 7 and overseeing releases from acts such as Muse, Ash,
Garbage and DJ Paul Oakenfold.
Following Warner Music UK's acquisition of Mushroom Records in 2003, Lousada
became Head of A&R at Atlantic UK, rising to President, before being named
Chairman in 2009. During his decade at Atlantic, he built an award-winning team
and a roster of hugely popular and influential UK artists, including Ed Sheeran,
Paolo Nutini, James Blunt, Rudimental, Plan B, Marina and the Diamonds, Lykke
Li, Damien Rice and Birdy.
From 2014 to 2016, Lousada served as Chairman of the BRITs Committee,
responsible for the creative direction of the UK's most prestigious awards
event.
ABOUT WARNER MUSIC GROUP
With its broad roster of new stars and legendary artists, Warner Music Group is
home to a collection of the best-known record labels in the music industry
including Asylum, Atlantic, Big Beat, Canvasback, East West, Elektra, Erato,
FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire,
Warner Bros., Warner Classics, and Warner Music Nashville, as well as
Warner/Chappell Music, one of the world's leading music publishers, with a
catalog of more than one million copyrights worldwide.
For further information:
James Steven
+1 212 275 2213
James.Steven(at)wmg.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Warner Music Inc. via GlobeNewswire
Datum: 05.04.2017 - 16:00 Uhr
Sprache: Deutsch
News-ID 534732
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