Monday 7 January 2013

Max Hole is Universal's worldwide number one

Max Hole, currently COO of Universal Music Group International, has been promoted to the role of Chairman and CEO of Universal's worldwide division, which incorporates all of the major's non-US operations.

And in other record label news, it seems BMG and Sony will be making a joint bid for EMI's Parlophone label.  The two companies are one of around twelve parties still thought to be bidding for the label Universal Music is being forced to sell by European regulators as part of the deal struck to secure approval of the Universal/EMI label merger last year. BMG has already successfully bid for the Mute catalogue in the same process.

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