Universal Music Benelux boss Kees van der Hoeven is bouncing after running the Dutch operation for over 25 years and handling the broader Benelux region since 2013. Frank Briegmann from Central Europe will take over the gig temporarily while the company figures out what comes next. Van der Hoeven helped blow up artists like Kensington and Tiësto, and he cut deals with local hip-hop labels during his run.
The retirement caps off a bunch of executive shuffling at UMG recently, with the company also bringing in a new CFO and watching activist investor Bill Ackman bail from the board. The music giant has been busy signing AI partnerships with companies it previously took to court over copyright stuff, and revenue jumped over 10 percent to around $3.5 billion last quarter.
The retirement caps off a bunch of executive shuffling at UMG recently, with the company also bringing in a new CFO and watching activist investor Bill Ackman bail from the board. The music giant has been busy signing AI partnerships with companies it previously took to court over copyright stuff, and revenue jumped over 10 percent to around $3.5 billion last quarter.
