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Short Take: Reuters exec named GetMusic CEO

GetMusic, an online music joint venture between Universal Music Group and BMG Entertainment, has appointed Reuters veteran Andrew Nibley as its chief executive. Nibley, who begins work October 1, will oversee the GetMusic hub, which combines music content channels and e-commerce for selling albums from both labels. Universal and BMG control 50 percent of the album share in the United States, the companies said.

GetMusic, an online music joint venture between Universal Music Group and BMG Entertainment, has appointed Reuters veteran Andrew Nibley as its chief executive. Nibley, who begins work October 1, will oversee the GetMusic hub, which combines music content channels and e-commerce for selling albums from both labels. Universal and BMG control 50 percent of the album share in the United States, the companies said.