Antonio "L.A." Reid will leave his job as chairman of Island Def Jam to become a judge on Simon Cowell's upcoming show "The X Factor," a source familiar with Cowell's offer confirmed to Billboard Wednesday. Reid accepted an offer from Simon Cowell this week to join the Fox television show, whic... Read more...
It's official: outgoing Universal Music Group chairman Doug Morris will become Sony Music Entertainment's chief executive officer on July 1. The announcement was made on Wednesday by Sir Howard Stringer, Sony Corporations' chairman, CEO and president. "I have known Doug Morris for many years,... Read more...
Chairman and CEO of Universal Music Group International (UMGI) Lucian Grainge has been promoted to CEO of Universal Music Group (UMG), succeeding Doug Morris. The position is effective Jan. 1, 2011. Grainge will report to Jean-Bernard Levy and become a member of the Vivendi Management Board. Gr... Read more...