Former Warner Music Group recorded music chief Lyor Cohen has named his new label ‘300’ and completed his distribution deal with Atlantic, he revealed to Billboard in an interview in this week’s magazine. Cohen is starting 300 with his fellow ex-Warner Music colleagues Todd Moscowitz (ex-Warner Bros president) and Kevin Liles (ex-EVP Warner Music). All three had also worked together at Def Jam, which Cohen ran in the '80s and '90s.
Lyor Cohen. Former Warner Music Group Recorded Music chief has reached agreement with Google Inc. and other investors to fund his new music-based entertainment company which is likely to be distributed through Atlantic label, several people familiar with the plans said.
This week's Strategy Column comes from Billboard's deputy editor Yinka Adegoke, who ruminates on a new kind of startup that takes the position that music can be used to create something greater beyond simply selling songs and managing rights.