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Former Sony man joins Baboom
By Chris Cooke | Published on Tuesday 22 July 2014
Perhaps in a move to convince potential investors that Kim Dotcom’s past and current squabbles with the mainstream music industry won’t hinder his latest venture’s development, direct-to-fan firm Baboom has hired a former major label exec to be its Chief Financial Officer.
Tony Smith spent four years as Director Of Finance for Sony Music in Australia and New Zealand, and before that worked at both BMG and Polygram with stints in both labels and publishers, so is a music rights veteran through and through.
As previously reported, Baboom is the latest business venture from controversial MegaUpload founder Kim Dotcom, which aims to go into beta later this year. A recent investor prospectus noted Dotcom’s continued legal battles with Hollywood and the major labels over his former business venture, but insisted that Baboom could still succeed as a service provider to the music community.
Confirming his new role, Smith told reporters: “Baboom has assembled an extremely talented and experienced team and I am very excited about the opportunity to join them and contribute to the vision and success of the company”.
