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Industry Moves

Things are always happening around the industry. We will make sure to keep you in the loop by giving you an Industry round up report.  Check out the latest industry moves below. (Don’t forget to click next below to see more. )
RAB Announces Training Hire Jeff Schmidt Joins as SVP of Professional Development

jeffThe Radio Advertising Bureau (RAB) has announced respected radio sales and training executive Jeff Schmidt will join the organization as Senior Vice President of Professional Development effective July 6, 2015.<h/2>
In his new position, Schmidt, who reports to Erica Farber, RAB President and CEO, will oversee the professional development group across all of RAB’s training services and work with the industry’s leadership to continue to provide a professional development practice positioned to serve an evolving industry sales force focused on digital, solution based marketing and sales efforts. Additionally, Schmidt will lead the RAB’s efforts on training the next generation of radio sales professionals with a focus on recruiting millennials into radio.

Jeff Schmidt, RAB Senior Vice President of Professional Development

Schmidt transitions from EVP/Partner at Sparque, a leading sales training and sales management development company. Previously, Jeff rose through the ranks and has served in various sales roles and organizations over his 26 years in radio sales and on the ground selling at companies including Cumulus Broadcasting, Mid-West Family Broadcasting, and Hearst Corporation.

“We’re thrilled to have Jeff join the RAB and know his experience on the local level is going to be a tremendous asset to radio sellers today,” said Erica Farber, President and CEO, RAB. “Collaborating with the RAB team and across the industry, I’m excited to see where we take Professional Development.”

“The Radio Advertising Bureau is an iconic organization whose resources have impacted hundreds of thousands of broadcast sellers, including me. I’m honored to work with Erica and the RAB Team to continue to provide excellence in education, tools, and development for your members,” said Jeff Schmidt, SVP, Professional Development, RAB.

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UNIVERSAL MUSIC PUBLISHING GROUP PROMOTES RANDI OLSEN
Randi Olsen Bio PhotoUniversal Music Publishing Group (UMPG) has promoted Randi Olsen to Senior Vice President, Income Tracking and Analytics, it was announced today by Michael J. Sammis, Executive Vice President – Operations & Chief Financial Officer Worldwide, UMPG.

Ms. Olsen will continue to be based out of the company’s worldwide headquarters in Santa Monica, California and report to Sammis. Prior to her promotion, Olsen served as Vice President of Income Tracking.

In her new role, Ms. Olsen will expand the department’s operational scope to provide UMPG writers with key analytic insights related to its global income streams. She will also continue to oversee UMPG’s North America income tracking efforts, which include forecasting and reviewing payments to ensure receipts are accurate; liaising with staff, writers, labels, performing rights organizations and other publishers.

In making the announcement, Sammis said: “The importance of ‘income tracking’ in the music publishing industry cannot be overstated. Randi’s commitment to this process provides immeasurable value to UMPG and its songwriter partners. She and her staff work closely with all departments, including Licensing and Creative, to identify issues and secure, protect and maximize our collective economic interests. This is a well-deserved promotion and I look forward to continuing to work closely with Randi and her team.”

“It’s an exciting time at Universal Music Publishing and it has been a blessing to work with Mike Sammis and the team for the last 18 years! I’m very grateful for the incredible opportunity to expand our income tracking operations, particularly during this time in our business when this area is even more complex and important to the future of our industry,” said Olsen.

Olsen joined UMPG in 1997 and established the Income Tracking department which, in 18 years under her direction, has identified more than $30 million of previously misdirected or uncollected revenue for the company and its artists and writers. Prior to UMPG, Olsen worked in Income Tracking at Windswept Pacific Music Publishing.

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iHeartMedia Forms New Partnership in Louisville
iheartmedia-600x338The Studio Center Network, a division of Studio Center, announced a new production partnership with iHeartMedia’s 8-station cluster in Louisville, WAMZ-FM, WQMF-FM, WHAS-AM, WNRW-FM, WLGX-FM, WTFX-FM, WKRD-AM and WKJK-AM.

The Studio Center Network, a world class audio and video creative platform offered exclusively through KMG Networks, a division of Krantz Media Group, provides custom production to broadcast groups across the country, including Cox Media Group, Emmis Communications, ESPN, Greater Media, iHeartMedia, Pamal Broadcasting, and Radio One.

“We are thrilled to be working with iHeartMedia in the Louisville market. They have a terrific cluster and a great sales staff! All of us at Studio Center look forward to helping them bring the nation’s very best radio production to their local clients!” said William “Woody” Prettyman, Studio Center’s CEO.

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