Courtney Holt named MySpace Music's new leader

Digital music service ends long search for chief by handing reins to MTV exec.

Courtney Holt MySpace Music

MySpace Music, the digital music service for the News Corp's social network, has finally named a leader.

As first reported by CNET News on Friday, MySpace Music has hired Courtney Holt, an MTV exec and a longtime digital music veteran as president of the digital music service, the company said Tuesday.

Holt is expected to start work on January 5, the company said in a statement. MySpace Music went through a long process to hire a chief, with at least one candidate backing out at the last minute.

"Courtney understands how to successfully blend technology with music and the resulting new business opportunities born from such a combination," said Chris DeWolfe, MySpace CEO.

Holt was executive vice president of Digital Music for the MTV Networks.

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