investor relations

Warner Music UK Announces Matt Rennie As Head Of Digital Business Development

09/06/04

Nick Phillips, Chairman, Warner Music UK, today announced the appointment of Matt Rennie to the newly created position Head of Digital Business Development, Warner Music UK. Rennie will report directly to Phillips.

In this role, Rennie will be responsible for opening up and developing new recurring revenue streams for Warner Music UK with major online and wireless partners, focusing on the UK market as well as with UK partners who have international ambitions.

Previously, Rennie was Media Development Manager for Warner Music International where he initiated the companies partnership with Nokia, spearheaded the T-Mobile European relationship and led the launch of iTunes internationally.

"Matt has been instrumental in seeking new business opportunities and coordinating our affiliate efforts across WMI," said Nick Phillips. "I am pleased that Matt will now be at the forefront of developing new business opportunities based in the UK."

"This is an exciting time of growth for the industry and we have a huge opportunity to reach new and existing music fans using new technologies," said Matt Rennie. "UK music consumers are eager to start listening to their favourite artists in new ways but their consummate taste leaves our main focus on releasing great music. This is why I'm delighted to be joining Nick's team and to have the opportunity to work closely with the great roster of artists from the Atlantic and Warner Brothers labels."

About WMI

Warner Music International, a leading company in national and international repertoire, is headquartered in London and operates through 37 affiliates and numerous licensees in over 50 countries.

Source: Warner Music International