Legendary music executive Antonio "L.A." Reid has been named chairman and CEO of Epic Records. The report came directly from Doug Morris, CEO of Sony Music Entertainment. The official announcement comes after about a month of speculation that Reid would indeed assume the title.
"L.A. repeatedly has proven over the course of his celebrated career that he knows how to develop world-class artistry,” said Morris in a statement. “We are very happy to have an executive of his talents leading Epic Records as we begin an exciting new chapter of growth for Sony Music Entertainment."
Reid also issued an official statement regarding the big news.
p> "I look forward with great enthusiasm to joining the Sony Music family, as it affords us the opportunity to build Epic Recordings as the revolutionary music company of tomorrow. We are deeply committed to discovering and developing the next generation of superstars as well as implementing a fresh and innovative business model,” Reid's statement read. “It is also my distinct pleasure to be once again joining Doug, who is an amazing leader and the most visionary and forward-thinking executive in the music entertainment industry."
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