UMG’s Virgin Music Group revealed in December that it had agreed to buy Downtown LLC in a $775m deal, which is currently under Phase II investigation by the European Commission.
There’s a big change happening at the top of one of Warner Music Group’s most important global divisions. Cat Kreidich is leaving her role as President of ADA Worldwide, WMG’s distribution and services division for indie labels and artists. Kreidich joined ADA as Executive Vice President in 2020, before being promoted to President in 2021. … Continued