Feeds

WMG remixes digital execs

Zubillaga paves way for Nash (no, not Kate)

Next gen security for virtualised datacentres

Warner Music Group (WMG) today confirmed that Michael Nash will replace Alejandro Zubillaga as the firm’s new digital strategy and business development VP.

The leadership shake-up was agreed by mutual consent, with Zubillaga - who is WMG chairman and CEO Edgar Bronfman Jr's brother-in-law - expected to step down on 1 June to help ease transition.

Venture capitalist Zubillaga said in a statement that he plans to return to his entrepreneurial roots.

Nash, who has worked at WMG as a digital exec for eight years, will head up the company’s worldwide digital strategy, which will include beefing up its internet and mobile commerce as well as aggressively pursuing new music-based products and services.

Over the past year the music industry has been forced to rethink its traditional business model in the face of a broad decline in sales of CDs as consumers increasingly flock to free MP3 downloads.

Bronfman admitted in December that the past year had been “a challenging year for the recorded music industry”. He said at the time that there was plenty of work left to be done to turn fortunes around.

However, despite painful introspection about the fall in CD sales, WMG was somewhat boosted by the digital arm of its biz towards the end of last year. It saw last quarter results in that unit of $141m, or 14 per cent of total group revenue. ®

The essential guide to IT transformation

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?