The revamped marketing department will now be run by Dalia Ganz, who was promoted to executive vp/head of digital & marketing.
Duque, who has led Warner Latin since 2021, takes over for Cat Kreidich at the indie distribution division.
Kreidich, who has led the independent distribution division since April 2021, is departing the company. New leadership is expected to be announced this week.
WMG is looking to cut annual costs through layoffs and reducing administration and real estate expenses, in an effort to put more money back into music, tech and more.
The joint venture emerges as part of a broader trend in which music companies are teaming up with external investors to strengthen bids for music rights.
Zerza succeeds Bryan Castellani, who will serve until May 5.
The event raised nearly $800,000 to bring music education into underserved communities across New York City.
Kyncl says the major is not willing to "grow [indie distribution] at all costs" in a talk that also hit on the company's Spotify deal, recent reorganization and tech investments.
Institutional Shareholder Services and Glass Lewis say votes against Val Blavatnik and Access Industries CEO Lincoln Benet are warranted.
Also, Live Nation shares gained 3.7% and reached an all-time high ahead of next week’s fourth-quarter earnings results.
