Warner Music Group has appointed former Sony exec Rob Wiesenthal as its new chief operating officer/corporate, reporting directly to CEO Steve Cooper from 1 January. “Wiesenthal’s responsibilities will include global corporate development across WMG’s recorded music and music publishing operations, identifying new business models and helping to drive growth through key investments and acquisitions,” explains WMG’s announcement – a clear nod to the anticipated flurry of deals to be done as the dust settles from the UMG/EMI acquisition. However, Wiesenthal will also have technology-focused responsibilities in his new role: “Wiesenthal will also provide occasional advice to Access Industries, WMG’s parent company, on media and technology opportunities,” reveals the announcement. Access, of course, recently invested $130m in streaming service Deezer. Could more investments in startups and services be on the way?
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