On the Move: Changing guard at Cumulus; promotions at 7digital, UMG; a sales hire at Spotify

On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include a new CEO at Cumulus Media and a new COO for 7digital. We also cover a promotion within the digital ranks at Universal and a new hire for Spotify’s Australia/New Zealand team. Continue Reading

Rumor Fact(ory): SoundCloud nearing a deal with Universal?

We’ve been hearing whispers about SoundCloud and its outlook for months, with people across the industry questioning whether the audio platform is hovering on the brink of glory or disaster. The latest hints point to positive news, as rumors circulate that it is on the cusp of agreeing to a licensing deal with longtime critic Universal Music Group. Continue Reading

UMG adds new senior exec to focus on streaming marketing

Universal Music Group has hired Jay Frank to serve as its senior vice president of global streaming marketing. In this role, he will be tasked with using data to maximize performance on streaming platforms for UMG’s artists, in addition to analyzing the effectiveness of UMG’s streaming marketing campaigns. He’ll also be responsible for curating and managing the company’s global playlists and coordinating playlist strategy for all Universal labels. Continue Reading

Rumor Fact(ory): Facebook may be testing the music industry waters

Facebook has allegedly had early discussions about working with the major music labels. According to a report by The Verge, the social network has expressed an interest in getting involved with the music industry, but it is still unsure what form that interest might take. It has reportedly spoken with Sony Music Entertainment, Universal Music Group, and Warner Music Group. Continue Reading