UMG Signs Contract Extensions With Monte & Avery Lipman
February 4, 2013


Avery & Monte Lipman
Universal Music Group has announced new long-term agreements with Republic Records founders Monte Lipman and Avery Lipman, naming Monte as Chairman/Chief Executive Officer and Avery as President/Chief Operating Officer of the company they started as an independent label in 1995. UMG Chairman/CEO Lucian Grainge and UMG Chairman & CEO of East Coast Labels Barry Weiss made the announcement this morning.

"Monte and Avery have established themselves as one of the industry’s most formidable creative teams," said Grainge. "They are truly world class music executives who have rewritten the rules for breaking new talent. We couldn’t be more delighted that they will continue building Republic as a home for truly inventive artists."

"Monte and Avery are two of the most entrepreneurial, effective, street smart, creative leaders in the music industry," Weiss commented. "Their track record is unparalleled. They constantly think out of the box and their results speak for themselves. This is great for them and for Universal Music Group, and is just the beginning of their next chapter."

"We work every day towards building a culture that supports the artist community and the entrepreneurial spirit that shapes our company," added Monte and Avery. "The unparalleled support of Lucian and Barry for Republic continues to inspire us to be competitive, while serving the needs of our extraordinary artists, venture partners, and dynamic executives."

Most recently, Republic Records scored chart-topping releases with Of Monsters and Men, The Weeknd (XO), and Grammy-nominated Florence + the Machine. The label is also responsible for Record of the Year nominee Gotye, and his multi-platinum record "Somebody That I Used to Know" [Featuring Kimbra], in addition to the worldwide phenomenon, "Gangnam Style" by the South Korean rapper, PSY (Schoolboy Records).
 
Republic also expanded into film and television with the smash NBC hit series The Voice and partnering with the network’s Saturday Night Live for Andy Samberg’s The Lonely Island and AMC's The Walking Dead. Republic also boasts three of this year’s five Oscar-nominated Best Original Songs with “Suddenly” by Hugh Jackman in Les Miserables, Norah Jones' “Everybody Needs a Best Friend”  in TED, and Scarlett Johansson and Joshua Bell “Before My Time” in Chasing Ice (Lava Records).  In addition, they’ve already achieved success with Lions Gate’s The Hunger Games, Quentin Tarantino’s Django Unchained (Loma Vista) and this year’s Oscar host, the multi-talented Grammy- nominated Seth MacFarlane.




 
Breaking News
eQB NOW
Pandora Reports Increase In Revenue, Net Loss In Q2
WRQX/Washington, D.C. Announces New Morning Show
In Brief - July 25, 2014
July 24, 2014
WQHT (HOT 97) New York Names Jay Dixon As Program Director
Townsquare Media, Inc. Announces Pricing of Initial Public Offering
iHeartRadio Survey Reveals Funniest Woman in America + Best Disney Song Ever
In Brief - July 24, 2014
July 23, 2014
Taylor Swift, Coldplay & More To Headline 2014 iHeartRadio Music Festival
CC Media Holdings Reports 1% Revenue Increase In Q2
CBS LOCAL Personalizes Event Discovery, Content Delivery With Agreement To Acquire Eventful
Jacobs Media's 6th Annual Public Radio Tech Survey Released
In Brief - July 23, 2014
FMQB FYI... Links You Should Know About
July 22, 2014
Clear Channel's iHeartRadio Partners With AdsWizz
Nielsen, Pointlogic Forge Strategic Alliance To Develop Next-Gen Media Planning Solutions
Pandora Hires Lars Murray As VP Of Industry Relations
In Brief - July 22, 2014
July 21, 2014
Evolve Music Group Signs Worldwide Agreement With Capitol Music Group
Second Annual KBA WKU Radio Talent Institute Underway
2014 Conclave Learning Conference Dates Announced
In Brief - July 21, 2014
July 18, 2014
Hubbard Radio Elevates Drew Horowitz To President/COO
The Week In Review: 7/14-7/18
CCM+E Names Jeff Davis OM For Greenville & Asheville Markets
Music News
MTV Names Iggy Azalea New Host Of House Of Style
Quick Hits: Lil Wayne, Metallica, Pearl Jam, Lionel Richie
Quick Hits: Farm Aid 2014, Beyoncé, Ozzy Osbourne, Stevie Nicks
"Weird Al" Yankovic Lands First #1 Album Of His Career
Quick Hits: Hilary Duff, Pharrell & Miley Cyrus, Jack White, Ryan Adams, Mudvayne / Greg Tribbett
Godsmack Unleashes Epic "Generation Day"
Quick Hits: MAGIC!, One Direction, Kimbra, Uncle Kracker, Billy Joel
Weezer Goes "Back To The Shack"
Quick Hits: Avicii, iTunes Festival, Adam Levine, The Script, Demi Lovato, Johnny Marr
Upcoming Maroon 5 Album Features Gwen Stefani Duet
The Week In Review: 7/14-7/18
Quick Hits: Beyonce, Teen Choice Awards, Aaliyah, The Roots
Beyoncé Leads 2014 MTV Video Music Awards
Quick Hits: Bruno Mars, Kanye West & Iggy Azalea, Busta Rhymes, The Smashing Pumpkins, Pearl Jam, Johnny Winter
Sia's 1000 Forms Of Fear Is #1
FMQB NOW

Farshad Family, SVP
Local Media Product Leadership
Nielsen Audio

Advertisement:
Search FMQB.com
Advertisements:
FMQB Member Login
Email:
Pass:

Save
Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!