Hip hop music industry vet Kevin Liles is resigning from his Warner Music Group Executive VP gig … and the timing, which overlaps with Diddy’s federal arrest in New York, has people wondering what’s next!!!
On Tuesday, Liles sent a company memo announcing his resignation as chairman and CEO of Warner Music’s 300 Elektra Entertainment Chairman … passing the torch to seasoned vets Rayna Bass, Selim Bouab, and Gregg Nadel.
After a decade, it’s time to pass the torch.
On Sept 30, I’ll be departing 3EE and WMG, and our incredibly talented home-grown leaders, Rayna Bass and Selim Bouab, as well as the outstanding Gregg Nadel have my blessings for the future. pic.twitter.com/6rlomjECSb
— Kevin Liles (@KevinLiles1) September 17, 2024
@KevinLiles1
Liles has been with Warner since 2004, which formerly housed Diddy’s Bad Boy Records … and he’s been vocal defending the mounds of allegations against Puff.
USAO Southern District of New York
Of course, the biggest music industry news of the day is the Diddy indictment … prosecutors are investigating any felonious “freak offs” — and everyone who knows something about them is understandably shook right about now!!!
APRIL 2024
TMZ.com
We spoke to Kevin back in April — he attested he never knew the Diddy who got plastered in the media … and stuck by him.
TMZ Studios
Liles’ transition will happen at the end of the month, and sources close to the situation tell us his exit could directly be tied to a massive shakeup happening at Warner.
Several executives have stepped down, and Elliot Grainge, 10K Projects founder and son of Universal Music Group Chairman & CEO Lucian Grainge, has been introduced as the new CEO of Atlantic Music Group.