Warner Music announced "a leadership transition of its digital strategy team" yesterday, which I've looked up in my Big Book Of Nonsense and apparently means someone's left and someone else has been given his job. Radical.
Doing the leaving was Alejandro (Alex) Zubillaga, the major's Executive VP, Digital Strategy And Business Development, who will step down in June. His colleague Michael Nash will be promoted and take over that job, reporting directly to Warner top man Edgar Bronfmann Jr.
He said this: "Over the past four years, Warner Music has established itself as a leader in the music industry's transition to the digital era with innovative initiatives at the core ofits corporate strategy. During that critical period, Alex helped set the company on the right course. Alex has brought a non-traditional approach to the music business based on his history as a venture capitalist and in building a successful media company. Most of all, his talent, imagination and enthusiasm, have been critical in enabling Warner develop its aggressive, industry-leading digital strategy. We are sad to see Alex leave but we wish him all the best in his next endeavours".
He added: "We are very pleased to have Michael Nash, one of the architects of our digital success and a professional of great experience and talent, assume Alex's role. Over the past eight years, Michael has demonstrated his ability to find the right opportunities, create the key partnerships and deliver on the deals that have become a cornerstone of this company's future. I am confident of his ability to successfully lead our digital strategy".