- YouTube (GOOG, GOOGL) has tapped former Warner Music Group chief Lyor Cohen as its global head of music.
- Cohen's currently co-founder and CEO at 300 Entertainment, a record label featuring hip-hop artists including Fetty Wap and Young Thug in which Google has previously invested. He'll keep serving in that role until Dec. 5.
- Among other things, the move could amount to a peace offering with artists who feel they've been underpaid by streaming music services. In a letter to employees, Cohen says he wants to help the community "embrace the technological shifts we're seeing in music today so we can help take the confusion and distrust out of the equation."