Warner Music is appointed former executive of Activision Blizzard as head of financing

(Reuters) – The Warner Music Group, a brand behind artists such as Ed Sheeran and Dua Lipa, has appointed Amin Zerza, former CEO of Activision Blizzard as its financial president, was the mark of artistic entertainment company, which is the brand behind artists such as Ed Sheeran and Dua Lipa.

Brian Castilani will succeed from May 5, with the job occupant step down after about a year and a half.

Zerza, who held the position of financial manager of Activision Blizzard and the chief trade official, joined the video game maker in August 2015 and played a pivotal role in the company’s acquisition of $ 69 billion by Microsoft.

Before that, he served more than two decades at the positions of high leadership in Procter & Gamble.

“We will help us develop our long -term strategy and build WMG to make permanent benefit of our artists, song writers, investors, employees and partners,” said Robert Kinkkel, CEO of Warner Music.

Zerza’s date comes at a time when Warner Music, which has signs such as Atlantic Records and Parlophone, is looking to enhance its revenues through moves such as a multi -year deal with Spotify in February.

After that, the company obtained a controlling stake in Tempo Music, as it acquires the rights of songs for artists such as Bruno Mars, Adele and Wiz Khalifa.

(I participated in the reports of Harchita Mary Vargis in Bangaluru; edited by Leroy Liu)