Paul Butler exits MTV/VH1 for new role.

Razor & Tie Entertainment named Paul Butler VP of business development. Butler is based in New York and reports to Craig Balsam and Cliff Chenfeld, principals of Razor & Tie.

Most recently Butler served as director of program enterprises and business development for MTV Networks/VH1, where he had worked since 1998.

In this newly created position, Butler will explore a wide variety of new business initiatives for the company as well as manage Razor & Tie's growing home video business.

"The company has already achieved some success in the home video space and we’re looking to build on that, as well as explore new businesses such as mobile/wireless applications, music publishing, and licensing," he told Billboard.biz.

Razor & Tie encompasses a record label, a home video company, an in-house media buying service, major label distribution and a direct marketing operation.