The latest "Music Industry Action Report Card" expresses concern that "things [might] revert to how they were before."
Executives say a soft release schedule dampened revenue growth in the last two quarters. Data suggests the next two quarters will be better.
Co-founders Matt Pincus and Ron Perry have been bought out of their stakes in the label, sources say.
The San Francisco-based company has become a power player that shapes how major competitors do business. Now, it wants to replicate its success on a global scale — without losing its identity.
The French company, facing criticism for operating in Russia, has grown with a digital focus and early bets on emerging markets like India and China.
Denis Ladegaillerie says Believe is "not looking at building or growing" in Russia despite revenue from Russia and Ukraine rising 9.9% in 2022.
Chris Brown, Katie Robinson and Johnny Minardi have been promoted at the Warner Music Group labels.
Platt will have the opportunity to sign and develop talent for a new imprint.
The news comes on the heels of Becerra receiving the Visionary Award at the Billboard Latin Women in Music gala.
The third-largest label marked the second straight quarter of lackluster results for its recorded music division, with revenue roughly flat over the year-ago period.
