Warner Music’s Head of NFTs and AI Departs: Report

Home » Warner Music’s Head of NFTs and AI Departs: Report
Warner Music’s Head of NFTs and AI Departs: Report

Warner Music Group’s chief digital officer has spearheaded the most important label’s embrace of rising applied sciences together with blockchain and AI for the final three years. However this week, she left the submit.

Oana Ruxandra resigned from the place and can quickly announce her subsequent transfer, in accordance with inner firm emails first reported by Billboard. In line with a memo circulated inside Warner Music, the cut up is amicable—and there are already plans within the works for Ruxandra’s successor.

We’ve… been the primary to forge modern partnerships with a large, numerous, and thriving community of gaming, Web3, and AI firms,” Ruxandra wrote to her now-former colleagues. “ I wholeheartedly consider that the way forward for our business lies within the dynamic relationship between artist and fan, and the unimaginable explosion in inventive and business prospects created by that interaction.”

Throughout the govt’s tenure, Warner Music—residence to main music acts like Cardi B, Ed Sheeran, Madonna, Dua Lipa, and Coldplay—pushed aggressively to encourage its artists to include applied sciences like NFTs and AI into their acts and promotions. During the last two years, the label has launched pilot packages and signed partnerships with quite a few blockchain-backed firms and tasks, together with Polygon Labs, NFT market OpenSea, NFT music platform LGND Music, digital trend startup DressX, and metaverse platform The Sandbox, amongst others.

Most of those initiatives have centered on forging nearer ties between music artists and their fanbases, as alluded to by Ruxandra in her departing phrases. In August, for instance, the Warner-signed rapper Earl Sweatshirt debuted a long-rumored album as a group of NFTs on the decentralized streaming platform Gala Music. Homeowners of these tracks had been capable of accumulate reward factors that may very well be exchanged for dwell experiences with the artist, together with being featured in one in every of his music movies, FaceTiming with him, or assembly up with him in particular person—to smoke a joint.

Whereas the explanations behind Ruxandra’s departure are nonetheless unknown, the shake-up is unlikely to sign a change within the centrality of applied sciences like NFTs and AI in Warner’s present enterprise technique. 

The label’s CEO, former YouTube chief enterprise officer Robert Kyncl, has gained a status as a fierce advocate for rising applied sciences. When Warner Music spared all blockchain- and AI-related roles throughout a spherical of firm layoffs in March, a supply near the matter informed Decrypt that embracing cutting-edge expertise can be as vital for Kyncl now because it was for the manager at YouTube, the place he drove the enlargement of the video platform’s creator ecosystem and was identified to champion technological experiments and innovation.  

A spokesperson for Warner Music declined to remark for this story. 

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