Warner Music Group Chairman/CEO of Recorded Music for the Americas and the U.K.Warner’s label chief speaks out on 360 deals, $1.29 singles and why YouTube deals don’t pay.
No one can say that Lyor Cohen isn’t opinionated. At Def Jam in the ’90s, he earned a reputation as an entrepreneur who would fight to protect the interests of his artists. And he didn’t mellow out much at Island Def Jam or at Warner Music Group, where CEO Edgar Bronfman Jr. brought him in 2004.
Hired to make Warner’s various labels more efficient, Cohen has recently posted some impressive gains. In 2008, WMG gained 2.2 percentage points of market share, according to Nielsen SoundScan, and Atlantic became the No. 1 label in the United States.
Read the full article at Billboard
Warner Music Group Chairman/CEO of Recorded Music for the Americas and the U.K.Warner’s label chief speaks out on 360 deals, $1.29 singles and why YouTube deals don’t pay.
No one can say that Lyor Cohen isn’t opinionated. At Def Jam in the ’90s, he earned a reputation as an entrepreneur who would fight to protect the interests of his artists. And he didn’t mellow out much at Island Def Jam or at Warner Music Group, where CEO Edgar Bronfman Jr. brought him in 2004.
Hired to make Warner’s various labels more efficient, Cohen has recently posted some impressive gains. In 2008, WMG gained 2.2 percentage points of market share, according to Nielsen SoundScan, and Atlantic became the No. 1 label in the United States.
Read the full article at Billboard