Blackstone Named Sr. Advisor At WMG
December 13, 2006 at 5:42 AM (PT)
WARNER/CHAPPELL MUSIC Chairman/CEO and former ZOMBA MUSIC PUBLISHING President RICHARD BLACKSTONE moves to parent WARNER MUSIC GROUP as Senior Advisor to Chairman EDGAR BRONFMAN, JR., effective JANUARY 3. BLACKSTONE will advise BRONFMAN on music publishing matters related to strategic acquisitions, international licensing initiatives and global expansion.
WARNER MUSIC GROUP EVP/General Counsel DAVID H. JOHNSON takes over BLACKSTONE's WARNER/CHAPPELL CEO duties on an interim basis, while WMG SVP/Deputy General Counsel PAUL ROBINSON will serve as acting General Counsel for WMG.
"Richard has been an important part of our team," said BRONFMAN in a press release. "In the time that he's been here, he's laid the groundwork for renewed growth at WARNER/CHAPPELL, implementing the unit's restructuring program, making strategic investments to drive long-term growth, signing artists and forming innovative new publishing ventures. I'm grateful for Richard's numerous contributions and I'm pleased that he will continue to serve the company in this important new capacity."