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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.

Greg Sandoval Former Staff writer
Greg Sandoval covers media and digital entertainment for CNET News. Based in New York, Sandoval is a former reporter for The Washington Post and the Los Angeles Times. E-mail Greg, or follow him on Twitter at @sandoCNET.
Greg Sandoval

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?