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BMG announces US management streamlining
By Andy Malt | Published on Monday 8 February 2021
BMG has announced a big management restructure of its US operations. Its aim, says the company, is to be ready for rapid growth in the States once this COVID-19 pandemic is all over.
The move sees Thomas Scherer promoted to President, Repertoire & Marketing, Los Angeles and New York, and John Loba named President, Recorded Music, Nashville. At Sherer’s office in LA will be two new EVPs, with Monti Olson responsible for US publishing and Dan Gill overseeing recorded music for the West Coast. Jason Hradil, meanwhile, will be EVP responsible for recorded music in New York.
“The US continues to be BMG’s richest repertoire source and largest revenue generator”, says BMG CEO Hartwig Masuch. “After a very strong 2020, we are determined to be in a position to accelerate out of this pandemic rather than resting on our laurels”.
“This new streamlined structure will allow us to raise the bar of excellence when it comes to servicing our artists”, he adds. “I would like to thank Thomas, Jon, Monti, Dan, and Jason for all their contributions to the company and wish them continued success in their new roles”.
Scherer – who has been with the current iteration of BMG ever since its launch back in 2008 – says of his newly expanded role: “BMG US just enjoyed its best year yet, so it’s an honour to take on responsibility for our New York operation as well as LA”.
He goes on: “I look forward to working alongside Jon Loba as we pursue our objective to provide a real partnership for our artists and songwriters: inspire, help them build, and own their creative works and offer them new opportunities to express their talents into books, podcasts, films and documentaries, video games and beyond. More than ever, BMG is the most artist-friendly alternative to the traditional music business”.
