Report: MySpace Music close to naming CEO

Courtney Holt, the executive who oversees digital music for MTV, is close to finalizing a deal that would make him CEO of the new music service.

MySpace Music is getting closer to finally finding a CEO.

Peter Kafka at the blog All Things Digital is reporting that negotiations between MySpace Music and Courtney Holt, an MTV executive, are all but finished. Kafka writes: "At this point there doesn't seem to be anything left beyond 'i'-dotting and 't'-crossing."

Last week, we reported that MySpace Music offered Holt the vacant CEO job. On Tuesday, I reported that Owen Van Natta was a top candidate until bowing out relatively late in the process.

The newly launched music service is hosting a party in San Francisco on Thursday. Will this be Holt's coming-out party?

Featured Video

We pummel the powder in Nissan's Winter Warrior concepts

Equipped with suspension lifts and actual tracks, these concepts are meant to reach places that no ordinary vehicle can.

by Jon Wong