Ackman Submits UMG Takeover Bid
• Billionaire hedge fund manager Bill Ackman‘s Pershing Square Capital Management has submitted an offer to buy Universal Music Group
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LABEL LOVE
Gersh Upped To EVP/A&R, Warner Records
• Miles Gersh has been promoted to Executive Vice President, A&R for Warner Records. Since joining the label in 2019,
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Executive Action: Heather Luke
• Veteran promo exec Heather Luke announced the departure as President of Big Machine Rock, concluding an impactful nine-year tenure
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Epic Upgrade For Ezekiel Lewis
• Sony Music has promoted Ezekiel “Zeke” Lewis to Chairman & CEO of Epic Records. A Grammy-winning songwriter and producer,
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Exec. Action At Big Machine/Nashville Harbor
• Big Machine Records/Nashville Harbor Records & Entertainment announces four new hires as the label continues to expand its team
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Executive Action: Warner Records Nashville
• Warner Records Nashville announces multiple strategic moves in its executive leadership and creative teams. These promotions and new hire
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Supreme Court Reverses $1B Label Suit
• The U.S. Supreme Court ruled unanimously on Wednesday that Cox Communications cannot be held liable for music piracy committed
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HEY NOW Staff Quickly Coming Together
• On the heels of the recent launch of HEY NOW Records, a streamlined independent label built around the premise
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iHeart, TikTok Debut New LP Release Model
• In a move that could reshape how albums are introduced in the streaming era, iHeartMedia and TikTok recently debuted
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Primary Wave To Acquire Kobalt
• Primary Wave Music, a leading independent publisher of iconic and legendary music, announced a definitive agreement to acquire Kobalt,
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