Lyor Cohen Leaves Warner Music Group

Monday, September 24 2012 6:47 PM EST | Posted by: Big Homie | Posted in: Blog, True Story

After eight years, Warner Music Group announced that Lyor Cohen is leaving his position as Chairman/CEO. No word as to who will takeover, but it’s rumored former EMI CEO Roger Saxon will take position. Says Lyor:

To all the artists and employees who live and die for the music every day, and who personally sacrifice for the good of the creative process: ‘keep on keepin’ on’ in the tradition of a company that respects and honors the artistic community.”  

Warner Music Group CEO Stephen Cooper added:

“Lyor Cohen has built something very special here. While we understand his desire to move on to his next challenge, the enduring success of our recorded music division will serve as a great testament to the progress we’ve made during Lyor’s time at WMG. We are grateful for Lyor’s contributions, and we wish him the best. I’m confident that given the strength of our talented management team in Recorded Music, we’ll be able to drive further success.”

billboard.biz

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Comments (17)

  1. King Kong says:

    The.. Lyor Cohen of Dior Homme
    That’s…. Dior Homme, not DIOR HOMIE

  2. IM730 says:

    This guy has probably seen some crazy things.

  3. 7thEmerson says:

    Damn, Warner is going to definitely feel this loss…….

  4. IamRealTalk ( I WANT MY CREDIT N I WANT IT NOW !!! - Roscoe Dash Voice ) - God Forgives I Dont is Officially PLATINUM 1.3MILLION SOLD WW - says:

    Rumor has it Due to the success of MMG, Warner Executives are Pushing for Rick Ross to become the new Chairman/CEO of Warner Music Group.

    GREAT IDEA !!

    Sort of like the Jay z Def Jam situation

  5. mac DIESEL says:

    “Rick Ross’ office are the streets!” – Lyor Cohen

    ……..HA!!!! WONDER WUT THIS MEANS FOR RICKY AND MMG!!!! HE HAD THAT TALL ISRAELI IN HIS BACK POCKET!!!!

    DON’T HATE ON MY OPINION!!!!

  6. kpamma says:

    Rick Ross is No Jay-Z

  7. Leon Pro says:

    FINALLY!!! one less jew in the music industry!!! jew mac miller is hopefully the next to leave!!! please god, make him leave!!! jews are killing hip hop!!!!!!!!!

  8. Frank Kid says:

    That Ross thing is not happening. Do you know how big Warner is. It has multiple genres which Ross has no ear for.

  9. ZoomZoomDad-Otis says:

    lmao@”Rick Ross’ office are the streets!” – Lyor Cohen…You can’t script this stuff.

  10. IamRealTalk ( I WANT MY CREDIT N I WANT IT NOW !!! - Roscoe Dash Voice ) - God Forgives I Dont is Officially PLATINUM 1.3MILLION SOLD WW - says:

    @Frank Kid

    IF YOU GOT SOMETHING TO SAY @ ME NIGGA !!

    ENOUGH SNEAK DISSIN ….JUS @ A NIGGA

  11. Carlito T says:

    First Kevin Liles now Lyor Cohen. The only person left out of the magical trio is Julie Greenwald. I wonder if she’ll get his position.

  12. Zagga says:

    cosign with @IamRealTalk.

  13. bcro28 says:

    due to the failure of self made vol. 2. And that terrible press conference. total sales around 250k. sad it had to be lyor cohen to take the fall.

  14. Petro3 says:

    I am pretty sure that Julie Greenwald wont be considered for this. Not because of her qualification but because she is a woman – things like that happen all the time, especially in this industry.

  15. moreffa says:

    its funny that the week lupe fiasco’s album comes out the TI quit’s his job

  16. [...] (and middle fingers) were raised earlier this week when it was announced that was Lyor Cohen was resigning from his post at Warner Brothers. But according to the NY Daily News, he’s set to launch his [...]

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