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Island Def Jam Head Lyor Cohen Hired As New CEO of Warner Music

Authored by Mark Hefflinger on January 26, 2004 - 2:38am.
New York -- Former Universal Music Group executive Lyor Cohen, the CEO of Island Def Jam Recordings, has been hired away to become chairman and CEO of the new Warner Music Group. Cohen, who is credited with helping to launch and foster the careers of hip-hop artists including the Beastie Boys, Run DMC and Public Enemy, will take on his new position following the closing of the $2.6 billion acquisition of Warner Music Group by a consortium of investors led by Edgar Bronfman, Jr.
tags: Warner Music | CEO | Def Jam | Island |

Island Def Jam to Offer Paid Downloads As Soon As Singles Hit Radio

Authored by Mark Hefflinger on January 7, 2003 - 7:29am.
New York -- The Island Def Jam Music Group, a division of Universal Music Group, announced on Tuesday that it will begin making songs available for purchase and download online as soon as they are released to commercial radio stations for airplay. The downloads are burnable to CD and transferable to secure portable devices. In addition to a la carte, the tracks will also be offered through subscription services including Listen.com, MusicNet and Pressplay. The first single offered will be American Hi-Fi's track "The Art of Losing," available online in the U.S. on Jan. 7 for $0.99, before the album's release date on Feb. 25. "Our new strategy, to provide consumers with the ability to purchase Island Def Jam music online the day it hits radio, provides music fans with an immediate opportunity to own music prior to album release dates," said Larry Mattera, vice president of new media for The Island Def Jam Music Group.
tags: Downloads | Radio | Def Jam | Island |