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CMU’s One Liners: Universal Canada, Ole, Velvet Underground and two more

By | Published on Wednesday 26 August 2015

Universal Music

Other notable announcements and developments today…

• Universal Music has a new top man in Canada in the form of Jeffrey Remedios, who you’ll know as co-founder of indie label and management firm Arts & Crafts. He replaces Randy Lennox as CEO of Universal Music Canada, who is heading to a job at Bell Media. “Represents” says Lennox. “Extraordinary” says Remedios. “Fortunate” says overall Universal boss Lucian Grainge. No one was thrilled.

• More Canadian shenanigans now, and Toronto-based independent music publisher Ole has appointed accountant and mergers expert Brian Holdcroft to the new role of VP Acquisitions. So he better start acquiring things. His appointment will help steer Ole’s “aggressive expansion”, says the music rights firm.

• Never able to wait for the big five-oh, it’s become a thing that Velvet Underground celebrate the 45th anniversary of each of their albums will special box set reissues. So no surprise really that a six-disc box set version of their 1970 album ‘Loaded’ is coming out on 30 Oct, complete with the LP remastered in stereo and mono plus demos, mixes and live tracks.

• Remember how Fuck Buttons guy Andrew Hung released a solo EP called ‘Rave Cave’ and performed on a Nintendo Game Boy back in March? Well, here comes ‘Rave Cave 2’ out on 13 Nov. And look, here is a track off it called ‘Repetition vs Time’.

• Calvin Harris brought in a mega-tastic £40 million in the last year according to Forbes, with his heady mix of bleeps, Vegas sets and pants peddling. That puts him at the top of the magazine’s DJ rich list, David Guetta being second with £23 million and Tiësto third with £22 million. Perhaps they could all bung SFX a few quid and keep the corporate EDM dream alive.



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