EXECUTIVE ACTION – Page 469 – RAMP

Tencent Looking To Buy 10% Of UMG

• Chinese digital behemoth Tencent has entered negotiations with Vivendi to buy a 10% stake in Universal Music Group. As

• iHeartMedia has named Aaron Hyland as Region President for the company’s Washington D.C. and Baltimore markets, effective immediately. He succeeds

• BMG has announced two new appointments to its L.A.-based Frontline Recorded Music team — Rob Gross joins as VP of

• RAMP has confirmed earlier media reports that Cox Media Group President Kim Guthrie will assume the title of Chief Executive Officer

• Townsquare Media announced that legendary local Louisiana radio executive Mike Grimsley will be retiring at the end of this month,

• The Academy of Country Music® announced promotions within two departments and two new hires — Melissa Moldovan has been promoted

• Less than a year since its launch, Elektra Music Group continues to expand its executive ranks with two appointments

• mediaBrew Communications, led by veteran radio executive Chuck Williams, has closed on the purchase of three FMs and four

• ICM Partners and rock star Joel Madden have formed a partnership aimed at identifying and developing emerging artists and brands

• Warner Chappell Music (WCM) announced the promotion of Daniel Mora to Managing Director, Warner Chappell Music Colombia. Mora reports to