Kevin Lyles300 Elektra Leisure CEO is leaving the model and its father or mother firm, Warner Music Groupon the finish of this month.
Liles’ inside memo and a separate inside memo from WMG’s CEO Robert KinkelThis information was confirmed in a message despatched and obtained by MBW right now (September 17).
Liles will proceed to help 300/WMG in an advisory capability till the top of the 12 months.
Lyles is not the primary WMG govt to announce his departure this summer season: each Max Lusada (CEO, WMG Recorded Music) and Julie Greenwald (President, Atlantic Music Group) confirmed final month that they have been leaving WMG.
It’s understood Lousada, Greenwald and Liles will all resign from their present full-time roles on the finish of September, the top of WMG’s monetary 12 months.
Warner Music Group acquires Lyles-led 300 Entertainment in a $400 million cash deal 2021 This autumn Calendar.
Robert Kyncl stated of Lyles in a memo to workers right now: “Kevin is a charismatic chief who has been profitable in many various roles…artist supervisor, Document label founder, entrepreneur, govt…he even began out as a DJ and songwriter. This provides him a 360 diploma perspective that makes him a unprecedented model builder, artist advocate and champion of artistic expression.
Kyncl added: “I made a decision to not change [Liles’] We’re working thoughtfully on the way forward for all the Atlantic Music Group. I do know you’re all keen to listen to extra info and we are going to replace you as quickly as attainable.
You’ll be able to learn Kevin Liles’ full memo to WMG workers under.
have a good time who we’re
workforce,
From the start, 300 has been centered round the concept that while you give attention to serving artists and tradition, nice issues occur. Once we mix this intention with our fearlessness, creativity, and fervour, it unlocks greatness and creates affect. Subsequent month, 300 will have a good time ten years of its greatness and affect. I needed to take a second to say thanks to our workforce and share some information.
Ten years of affect
Over the previous decade, we have now remained true to our unique imaginative and prescient and values. We celebrated Lure Queens as we created the business’s first label ecosystem, we embraced Dripped Too Laborious as a life-style, and it is at all times a hottie summer season, even on our skis. We have now leaders like Dangerous and Boujee Rayna Bass who can swap between Pushin P and savagery with no dedication to something however excellence. There’s additionally the good Selim Bouab, who’s very talked-about whether or not it is Japan, London or From The D To The A. Our bread and butter is much less stated and extra finished – we do not cease to ask Formian when others are speaking, we simply say “Good morning, Attractive” and show the boy to be a liar. Whether or not it is Lydia, Kehlani or 679 of Your Associates, we’re evangelists for our followers. We had completely different personalities, went into work prefer it was our first time out, and put out numbers that had everybody choosing up the cellphone.
Then, as we grow to be a part of the WMG household and work with Greg Nadel and different sensible thinkers and artists Erica Music Groupwe proceed to ship religiously and on time. As 3EE, our want is at all times to make it greater than the tune, whether or not we’re feeling like we’re on trip or someplace between rock and roll.
The cultural affect created by the last decade we began from scratch is unparalleled within the fashionable period. We reworked our worth proposition of “impartial mentality, skilled energy” right into a mannequin for others within the business to pursue on this new period of music. But when there’s one constant thread between music and tradition, it’s that change is inevitable.
As dedicated servants of tradition, we all know we have now a accountability to develop and empower the subsequent era of leaders, and when the time comes, we are going to cross the torch. As I discussed above, inside the 300 we have now two of probably the most proficient native younger leaders in all the music business, Rayna Bass and Selim Bouab. As 300 celebrates its tenth anniversary, it’s their flip to guide our 300 workforce into the subsequent decade of excellence. On the finish of this month, I will probably be resigning and leaving WMG, however I’ll proceed to seek the advice of with the workforce via the top of the 12 months to make sure a profitable transition.
300 was by no means about one individual or one artist. It is a motion united by perception in our tradition and neighborhood. Personally, I look ahead to my subsequent chapter the place I’ll proceed to pay attention, be taught, lead, and love. Particularly, I’ll proceed to work to finish the criminalization of hip-hop lyrics, as exemplified by the unjust prosecution of Jeffrey Williams. Within the brief time period, I’ll spend all my different time making historical past by electing Kamala Harris as the primary African American feminine president and taking management of the Senate and successful again the Home in order that Hakeem Jeffries turns into The primary African American feminine president. This chapter could also be coming to an finish, however at all times keep in mind: #jobnotdone.
I’ve full confidence within the management of Rayna, Selim and Gregg, and I want to specific my honest gratitude to Len and WMG’s senior leaders who’ve fueled our success, particularly Robert, Max and Julie.
thanks and god bless,
Kevinworld music enterprise
