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WMG Extends Investment in Artist Partners, Promotes Veteran Mike Caren to Dual Role

Caren has recommitted to both Artist Partners and WMG in a new dual role.

Atlantic Records and Warner Music Group have re-upped their commitment to Artist Partners Group, the music company founded by veteran Atlantic/WMG A&R executive Mike Caren, who has also written or produced for Beyonce and Kanye West, among others.

As part of the new arrangement, WMG has made a long-term A&R and marketing investment in Artist Partners. Financial terms were not disclosed. Caren will stay with both Artist Partners and WMG in a new dual role; he becomes CEO of Artist Partners and as well as creative officer for WMG. 

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WMG Extends Investment in Artist Partners, Promotes Veteran Mike Caren to Dual Role  | Billboard

“Since joining the Atlantic family twenty years ago, Mike has consistently stayed ahead of the curve,” said Atlantic Chairman & CEO Craig Kallman and Chairman & COO Julie Greenwald in a statement. “His A&R instincts are exceptional, and he has signed an amazing roster of artists across a range of genres.”

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Caren served as co-president of the re-launched Elektra Records from 2009 until 2012, when he became president of Worldwide A&R, Warner Music Group.

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Artist Partners and Artist Publishing have also announced the opening of new recording studio facilities in Los Angeles, which will serve as the company’s global headquarters. 

“Great artists and young executives have never been so dynamic, informed, and driven,” comments Caren in a statement, who started with Atlantic Records at age 17 and has been with Warner Music Group for 20 years. “Our goal is to amplify and execute their ideas without being beholden to any traditional industry rules. I like to think of Artists Partners as an indie major label that offers its talent the resources of a major with an independent’s entrepreneurial spirit and urge for experimentation.”