Monte Lipman And Avery Lipman Sign New Long-Term Contracts With Universal Music Group
January 4, 2011 at 12:38 PM (PT)
UNIVERSAL REPUBLIC RECORDS Pres./CEO MONTE LIPMAN has signed a new, long-term contract with UNIVERSAL MUSIC GROUP, it was announced today by UNIVERSAL MUSIC GROUP CEO LUCIAN GRAINGE, Chairman DOUG MORRIS and UNIVERSAL MOTOWN REPUBLIC GROUP Chairman MEL LEWINTER.
In addition, AVERY LIPMAN, the label’s Co-Pres./COO has also renewed with UMG to a similar long-term agreement.
"MONTE and AVERY are two of the most innovative executives in the business today," stated GRAINGE. "From the time they launched REPUBLIC RECORDS in 1995, to the formation of UNIVERSAL REPUBLIC, they have displayed creative leadership at its very best. They have been guided by a real passion and savvy for discovering and nurturing new talent, while from the business perspective, they have done an outstanding job in creating one of the industry’s most successful new labels known for its winning spirit and culture. We could not be more delighted to have them as part of the UMG team."
"One of the delights in working with MONTE and AVERY over the last several years has been witnessing their remarkable achievements first-hand," commented LEWINTER. "Their tenacity, talent and dedication to music has helped UNIVERSAL REPUBLIC emerge as a leader, and we have no doubt that they will make it even a more formidable and very successful company in the years to come."
"Launching UNIVERSAL REPUBLIC in 2005 has been one of the best experiences that AVERY and I have ever had," added MONTE LIPMAN. "With the support of a dynamic team of executives, an incredible roster of artists, and a mantra of ‘breaking new artists, we look forward to even greater success while continuing to make an impact on pop culture."
AVERY LIPMAN added, "We are very grateful to DOUG, LUCIAN and MEL for their continued support, enthusiasm and friendship over the 15 years that we’ve worked together."