Arthur Mann, co-founder of Rykodisc and president of its parent Ryko Group, has resigned from the company. He will exit Ryko on March 31.
(The Hollywood Reporter) -- Arthur Mann, co-founder of Rykodisc and president of its parent Ryko Group, has resigned from the company. He will exit Ryko on March 31.
Mann also served as president of the firm's music publishing company, Rykomusic, and its global arm Ryko International and was worldwide head of business affairs.
"I'm an entrepreneur," Mann says. "I helped build a company. I'm the last of the original owners, and I'm looking for new challenges."
In 1983, Mann founded Rykodisc along with partners Don Rose, Rob Simonds and Doug Lexa. He was one of Ryko's key operational architects, assembling the label's worldwide independent distribution network and helming the expansion of its publishing holdings, now in excess of 10,000 copyrights.
Mann was the last founding partner at Ryko. Lexa left in 1990; Simonds, who ran the distribution arm for many years, departed in 1997 to run his Scandinavian music label Northside; and Rose split in 2001 to run the London office of Palm Pictures, with which Ryko was briefly partnered.
JP Morgan Chase is the majority owner of Ryko Group, headed by chairman Sam Holdsworth. Founded in Salem, Mass., the company is now headquartered in New York.