Stroud Exits Universal Music Group, Luke Lewis Re-Signs
January 12, 2007 at 8:04 AM (PT)
UNIVERSAL GROUP NASHVILLE (UMG) Co-Chairman JAMES STROUD has officially exited the company.
Reportedly, STROUD will be leaving at the end of JANUARY to start JAMES STROUD PRODUCTIONS. STROUD was President at DREAMWORKS RECORDS from 1997 until it merged with the UNIVERSAL MUSIC GROUP in 2004, when he became Co-Chairman along with LUKE LEWIS.
ALL ACCESS is also hearing that LEWIS has re-signed with the company in a multi-year deal to continue as Chairman/CEO.
ALL ACCESS will have more information on this story as it unfolds.