Everyone seems to think that MTV's Chief Of Digital Music, Courtney Holt, is about to become the CEO of the only slightly controversial MySpace Music. In fact, C-Net are reporting Holt has told friends he has accepted the job, though its thought he is yet to actually sign on the dotted line.
As previously reported, MySpace set up a separate company to operate its expanded music service, which launched in the US recently. Part of the reason for that was that it allowed them to give the major record companies an equity stake in the enterprise, which helped secure their involvement. Despite its launch, the social networking firm is yet to appoint a chief for the new company.
Assuming the MTV man gets the job, one of his first tasks will be to placate the indie label community, some of whom have hit out at MySpace's refusal to offer them the kind of equity deal offered to the majors. Whether he's up to that job remains to be seen - some in the indie community will note that before MTV Holt was a Universal Music exec, which may mean he naturally leans towards the majors, and the biggest of the majors in particular. None of which will reassure them much.