“According to an internal memo obtained by Billboard, Peters is taking on the role of corporate attorney director for iTunes Europe and Internet services, based in Luxembourg, where he will manage the European legal team for iTunes and MobileMe services,” Bruno reports. “He’s been with WMG since 2000.”
Bruno reports, “Ron Wilcox, WMG’s executive counsel for business affairs and strategic and digital initiatives will oversee the label’s digital legal affairs team upon Peters’ departure.”
The memo can be found in the full article here.
[Attribution: AppleInsider. Thanks to MacDailyNews Reader “Jax44” for the heads up.]
Thanks MDN, I had almost forgotten that Apple is in the music business too.
As GG says, the dog with the least fleas.
Great job, great place to live – especially with US benefits.
So…
Elliott Peters decided to flip Edgar ‘Middlebronfman’ the ‘Fickle Finger of Fate’ and go to work for the ‘High Priest of Tech’, Monsignor Jobs.
Good for him. I hope his days with Apple are filled with productivity and creativity.
“We strongly believe that one or more very strategic opportunities may come along that we are in a unique position to take advantage of because of our strong cash position. I think we have demonstrated a really strong track record of being very disciplined with the use of our cash. We do not let it burn a hole in our pocket, we do not allow it to motivate us to do stupid acquisitions,” said Steve Jobs, chief executive officer of Apple, during a conference call with financial analysts.
This applies to single Apple personnel as well as whole corporations… remember to think ‘strategic acquisitions’.
Actually Paramore is owned by a label called “Fueled by Ramen”, which is in turn a child company of Atlantic records, which is owned by WMG.
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