BMG Re-Ups U.S. Repertoire Leads Thomas Scherer And Jon Loba

Scherer, left, and Loba

As revenue continues to surge for BMG, the company has re-upped its two U.S. repertoire leads, LOS ANGELES-based THOMAS SCHERER (Pres./Repertoire & Marketing, LOS ANGELES and NEW YORK) and NASHVILLE-based JON LOBA (Pres./BMG NASHVILLE). BMG’s U.S. revenues are up nearly a third on pre-pandemic levels. SCHERER and LOBA’s repertoire operations account for around half of BMG’s global revenues. They will continue to work with U.S. CFO JOE GILLEN.

LOBA will also now add publishing to his established NASHVILLE label responsibilities, becoming the only major music executive in NASHVILLE to hold dual leadership responsibilities for both areas of the business, while SCHERER will take the lead on U.S. rights acquisition in addition to his responsibilities for BMG’s LOS ANGELES and NEW YORK-based repertoire operations.

BMG CEO HARTWIG MASUCH said, “BMG is on a roll in the U.S., and it’s thanks in no small part to the work of THOMAS and JON. JON has created a label powerhouse in NASHVILLE with JASON ALDEAN, DUSTIN LYNCH, JIMMIE ALLEN, LAINEY WILSON, and JELLY ROLL, so it makes sense to extend his scope to our NASHVILLE music publishing operation. Meanwhile, THOMAS is delivering significant double-digit growth at BMG’s core U.S. publishing business with writers like GEORGE HARRISON, JUICE WRLD, D’MILE, DIANE WARREN and LEWIS CAPALDI, while also building our recordings interests with key signings like 5 SECONDS OF SUMMER, AJR, MAXWELL, SLASH, BRYAN ADAMS, and the recent acquisitions of MÖTLEY CRÜE and JOHN LEGEND catalogs. Thanks to their teams, we remain the only credible global partner for artists and songwriters outside the three majors.”

SCHERER added, “It has been strange to have a brand-new office which we couldn’t even use because of COVID-19. That hasn’t slowed us down. We’ve had one of the most intensive periods of growth in the U.S. since BMG began. But it is great now to be able to host people in our very own space, doing what we do best, serving artists and songwriters.”

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