Steve Cooper: Last News

Jem Aswad Senior Music Editor Warner Music Group will eliminate 270 positions as part of a wider evolution of the company, new CEO Robert Kyncl announced to the company’s staff in an email obtained by K In order “to take advantage of the opportunities ahead of us, we need to make some hard choices in order to evolve,” according to the memo. It was not immediately clear which positions or divisions will be affected. Warner is the world’s third-largest music company and includes the labels Atlantic, Warner, 300-Elektra, Parlophone, the reissue division Rhino and others, as well as Warner Chappell Music publishing. Kyncl was announced as the new CEO last September and in February took over for Steve Cooper, who left the company after 11 years. Kyncl, who for years had bridged the tech and entertainment worlds in major roles at Netflix — including overseeing the company’s shift to streaming — and YouTube, in which he was pivotal in repairing the streaming giant’s formerly contentious relationships with music companies. His unexpected move into the top position at Warner ushers in a new kind of tech-forward leadership at major labels.

Jem Aswad Senior Music Editor When YouTube chief business officer Robert Kyncl announced late last month that he’ll be leaving the company after 12 years in the job, many observers quickly moved him to the front of the line to replace outgoing Warner Music CEO Steve Cooper, who’d announced just two months earlier that he’ll be stepping down after 11 years in the job. After all, Kyncl knows the music industry  — YouTube is both the world’s largest video-streaming platform and the largest music-streaming platform, and he played a huge role in its negotiations with labels and publishers and generally received high marks (remarkably, considering the often-contentious relations between the two sides). He’s also pioneering force in the streaming business: Before he was chief business officer of YouTube, he led Netflix from DVDs to digital, a transition that was much more complex and fraught with potential failure than he and the company made it seem.

Anthony Elanga and Fred were among those congratulating James Garner as the Manchester United loanee celebrated promotion with Nottingham Forest.

Jem Aswad Senior Music EditorWarner Music Group showed solid results for the 2022 quarter that ended on March 31, with revenue up 10.1% (13.2% in constant currency).Citing the success of such Warner label and publishing artists as Silk Sonic, Ed Sheeran, Jack Harlow, Dua Lipa, Megan Thee Stallion, Rauw Alejandro, Chris Stapleton, Dave, Anitta, the Red Hot Chili Peppers, Kodak Black and Gayle, CEO Steve Cooper said, “Warner Music Group’s unique combination of scale and agility gives us, our artists, and our songwriters an edge in music’s ever-expanding universe of opportunity. We continue to build our unparalleled artist development expertise, our differentiated approach to global expansion, and our ground-breaking commitment to innovation at the intersection of music, gaming, social and fitness.