Moscowitz Brings The Cold Heat
Universal Music Group (UMG) announced a joint venture with music industry pro Todd Moscowitz to launch New York City-based Cold Heat Records. In making the announcement, Sir Lucian Grainge, Chairman & CEO of UMG said, “At Universal Music, entrepreneurship is in our DNA so we constantly seek to attract the brightest executives in the business embodying that spirit. With his impressive track record of identifying and breaking some of the most successful artists in hip hop, Todd is a excellent addition to our team of creative executives who are committed to bringing the best new talent to fans around the world.”
Moscowitz most recently served as co-founder of 300 Entertainment, a New York-based independent company that signed, developed and broke artists such Fetty Wap, Highly Suspect and Migos. Earlier in his career Moscowitz held several executive positions at Warner Music Group, starting in 2004 as President of Asylum Records. Two years later he was named President (and subsequently CEO) of the company’s Independent Label Group — Asylum, East West Records and Cordless Recordings. In 2009, Moscowitz joined Warner Bros. Records, rising to CEO a year later.
Commenting on his new venture, Moscowitz said, “Lucian, Boyd Muir and the management team at UMG have created an environment that encourages risk-taking and pushing creative boundaries, while giving entrepreneurs the resources and freedom to grow — and the results speak for themselves. I’m thrilled to be a part of the most forward-thinking team in the industry, and I’m looking forward to building Cold Heat Records into a preeminent destination for artists of all genres.”