Further Dealings: Warner's New CEO, Bicycle Music's 100th Acquisition, Live Nation & Virginia Davis Launch G-Major Mgmt

Warner Music Group has announced that Christian Tattersfield will step down from his roles as CEO of Warner Music U.K. and co-chairman of Warner Bros. Records U.K. in February 2014, and that Atlantic Records U.K. chairman Max Lousada will be his successor. Lousada and Tattersfield will work as co-CEOs and report to WMG CEO Stephen Cooper. Lousada will combine his new role with his existing responsibilities at Atlantic. Miles Leonard, chairman of Parlophone Records and co-chairman of Warner Bros. Records U.K., will take full responsibility of Warner Bros. U.K.