Warner Music will sell its owned and operated media properties such as Uproxx and HipHopDX in order to reinvest $200 million in other parts of the company.
The singer has been with the Gordon Kerr-led company since 2013.
The new executive team, along with co-president Arjun Pulijal, arrives amidst the broader restructure of Universal Music Group's labels announced last week.
The deal includes the label's recordings, publishing, back catalog and future output.
The well-respected executive has worked for Capitol for over a decade, and has served as the legendary label's chair and CEO since 2021.
Two labels led the way with Victoria Monét and SZA (RCA) and Fred Again.., Paramore and Barbie (Atlantic), but honors were largely even across top categories and genres.
The biggest company in the business launched a nuclear strike. Here’s what that means for other rights holders.
The Houston rapper keeps full ownership of her masters and publishing.
Additionally, Brooke Diaz has been upped to national director of promotion and marketing.
The music giant's goals include "sourcing 100% renewable energy" for its operations by 2030.
