Universal Music Group, Todd Moscowitz Launch Cold Heat Records
November 10, 2016 at 12:47 PM (PT)
UNIVERSAL MUSIC GROUP (UMG) has launched a joint venture with hip-hop entrepreneur TODD MOSCOWITZ -- who has worked with hip-hop artists such as COMMON, YOUNG THUG, FETTY WAP and GUCCI MANE -- to debut COLD HEAT RECORDS, effective immediately.
“At UNIVERSAL MUSIC, entrepreneurship is in our DNA so we constantly seek to attract the brightest executives in the business embodying that spirit," UMG Chairman/CEO SIR LUCIAN GRAINGE said. "With his impressive track record of identifying and breaking some of the most successful artists in hip-hop, TODD is a excellent addition to our team of creative executives who are committed to bringing the best new talent to fans around the world.”
“LUCIAN, BOYD MUIR and the management team at UMG have created an environment that encourages risk-taking and pushing creative boundaries, while giving entrepreneurs the resources and freedom to grow -- and the results speak for themselves," MOSCOWITZ said. "I’m thrilled to be a part of the most forward-thinking team in the industry, and I’m looking forward to building COLD HEAT RECORDS into a preeminent destination for artists of all genres.”