Michael Parisi is rejoining Warner Music Australia after a seven-year tenure as managing director of Australian independent Festival Mushroom Records.

Michael Parisi is rejoining Warner Music Australia after a seven-year tenure as managing director of Australian independent Festival Mushroom Records.

In his new role as president of A&R, Parisi reports to Ed St. John, Sydney-based president and CEO of WMA, with effect from Jan. 1, 2006. Parisi will also set up his own as-yet unnamed imprint.

Parisi was A&R manager at WMA from 1993-1999, where he signed multi-platinum acts such as Regurgitator, the Superjesus and the Whitlams.

He later headed the A&R department at Mushroom Records. In 1999, billionaire media mogul Rupert Murdoch's News Corp. bought out Mushroom from co-owner Michael Gudinski and merged it with his other label Festival Records. Parisi's signings for the company -- including Motor Ace, 28 Days and Machine Gun Fellatio -- went on to chart success.

In 2002, Parisi became managing director at the amalgamated company Festival Mushroom Records, where he enjoyed more platinum success with such bands as George and Eskimo Joe. He also re-signed Kylie Minogue to the label for Australia and New Zealand.

"Michael is a world-class A&R man, and Australian music is going through a real renaissance at present,” comments Warner Music International chairman/CEO Paul-Rene Albertini. “We look forward to his contribution to the company -- not just for the local Australian market, but for all our affiliates all over the world."

Parisi's return is part of St. John's attempt to build a strong domestic roster that can be marketed globally. Hot new signings Evermore and Thirsty Merc have been signed to overseas Warner affiliates Sire and Atlantic.

"I have absolute confidence that he will help us build the best domestic roster in this country," St. John comments in a statement.

Warner Music Australia recently tapped FMR New Zealand's managing director Mark Ashbridge as its director of marketing.

According to the Australian Record Industry Assn., WMA has a 19% share of the market and FMR has 5%.