Hitco, the new music outfit founded by former Epic Records chairman/CEO Antonio "L.A." Reid and industry veteran Charles Goldstuck, is close to making a key new hire, sources tell Billboard: David Gold, who served as head of business and legal affairs for SONGS Music Publishing since 2015.
If the deal is finalized, Gold would join a staff of about 30 at Hitco, up from 25 this winter, including executive VP/general manager Kirdis Postelle.
Hitco has about 15 acts on its roster including Big Boi, whom Reid had signed as part of OutKast to LaFace Records in the '90s. But the bulk are newer acts, sources say.