Courtney Holt Named Pres. At MySpace Music

Names Holt As President

MYSPACE said on TUESDAY former MTV executive COURTNEY HOLT will become President of its MYSPACE MUSIC joint venture with the four major record companies. REUTERS reports
HOLT's name had been circulating on blogs for several weeks as a likely appointee. He will take on the delicate balancing act of managing expectations for the MYSPACE executive team and the management teams at UNIVERSAL MUSIC GROUP, SONY BMG MUSIC, WARNER MUSIC GROUP and EMI MUSIC.

MYSPACE said HOLT will work with MYSPACE Co-Founder/CEO CHRIS DEWOLFE to oversee the growth and development of the MYSPACE MUSIC brand and its global operations. He will start his new job on JANUARY 5th.

HOLT was previously EVP/Digital Music for MTV NETWORKS MUSIC and LOGO GROUP. Before that he was SVP/New Media at INTERSCOPE GEFFEN A&M.

MYSPACE formally launched MYSPACE MUSIC in SEPTEMBER and has been rolling out a series of album previews and exclusive artist interviews as it aims to attract music fans to its site and boost advertising, its primary revenue source.

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