Warner Music Group’s Digital Chief resigns

Romar Fernando

June 4, 2019

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  Photo Credit: Music Business Worldwide

  Warner Music Group‘s digital chief Ole Obermann is soon leaving the company he served for three years.

  “The thoughtful and principled work we’ve done during this critical inflection point will help ensure a bright future for the entire music ecosystem,” he said in a memo addressed to staff.

  “These decisions are never easy. We’ve found a great balance between accelerating global streaming growth and championing the next wave of change,” Obermann added who surprised the industry with his departure.

  On the counter part, CEO Steve Cooper said also in a memo addressed to staff, “I want to take this moment to thank him for all his hard work. He’s accomplished much over the past three years – including leading the renewals for all of our major digital partnerships, helping to expand the scope of our commercial activities, and overseeing the creation of WMG Boost, our seed-stage investment fund.”

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