STHoldings, a key electronic music distributor, is shutting down at the end of the month according to FACT. Earlier this year the company dropped over 150 labels, but now they will completely shut down. Presumably, all jobs will be eliminated.
AWAL North America has named Sarah Landy General Manager. AWAL is a digital distribution and marketing company within Kobalt Music Group.
Omid Kordestani recently became interim Chief Business Officer of Google. Now Kordestani is joining Spotify‘s board, according to re/code. Their sources also say that Shishir Mehrotra, YouTube‘s former Vice President of Product, Engineering, and UX, will be special adviser to Daniel Ek and Spotify’s management.
Baboom, Kim Dotcom’s music service, has hired Tony Smith as CFO. Smith was previously Director of Finance at Sony Australia and New Zealand.
Def Jam Recordings has promoted Mundo Garcia to West Coast Regional Manager, according to All Access. Garcia was previously East Coast promotion assistant.
Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u
Photo by Adam Grabek on Flickr used with the Creative Commons License
Looks like Google and Spotify, the biggest music meat grinders started to coagulate!
Lets hope for crap to become so big and stinky to trigger sanity filters at the legislature.
THE RAPE of MUSIC HAS TO STOP!
Spotify as a $5B music store? STRONG YES!
YouTube as a $50B hub of $100B music industry? LONG TIME OVERDUE.
“Omid Kordestani recently became interim Chief Business Officer of Google. Now Kordestani is joining Spotify‘s board, according to re/code. Their sources also say that Shishir Mehrotra, YouTube‘s former Vice President of Product, Engineering, and UX, will be special adviser to Daniel Ek and Spotify’s management.”
What’s even funnier is that YouTube boss Susan Wojcicki has “expressed interest in aquiring” Spotify “if it were for sale”, according to MusicAlly.
Imagine that — the world’s two most hated music industry corporations becoming one. What could possibly go wrong… 🙂
Isn’t Tom Oswald’s YouTube alternative supposed to launch today, btw?