Mount Out, Caparro In at WMG16 Jul, 2002 By: Hive News
Warner Music Group (WMG) has named former Island Def Jam Music Group chairman Jim Caparro to the CEO post at WEA Inc., WMG's manufacturing, packaging and distribution operation; and chairman of WMG's Global Media Manufacturing and Distribution Committee, a newly formed task force that will provide strategic direction to the Music Group's distribution and manufacturing operations around the world.
Caparro succeeds David Mount, who announced his retirement July 12. Caparro will report to WMG chairman and CEO Roger Ames.
"In addition to being a well-regarded music executive, Jim has proven himself to be thoroughly knowledgeable and highly effective at the business of distributing music,” Ames said. “His relationships with retailers run deep and his ability to market albums effectively is the stuff of legend. I'm excited about the future of WEA Inc. under Jim's leadership."
Caparro will also oversee Warner Strategic Marketing, the U.S.-based company consisting of Rhino Entertainment, Warner Special Products and Warner Commercial Marketing as well as Alternative Distribution Alliance, one of the leading distributors of independent label recordings in the U.S. Because of his global responsibilities and his work with executives at WMG headquarters in New York, Caparro will be based in New York with an office in Burbank.
"The Music Group is ideally positioned to capitalize on the revolutionary changes that are impacting our business, and WEA has an important role to play,” Caparro said. “Dave Mount's exceptional leadership at WEA and the culture of creativity and professionalism that he's nurtured there leave me with big shoes to fill. I'm appreciative of everything Dave's done to build such a solid operation, and invigorated by the challenge of building on his record of success."
Prior to joining WMG, Caparro created The Island Def Jam Music Group and served as its chairman from 1999 to 2001. The division of Universal Music was responsible for hits by such artists as Bon Jovi, Jay-Z, DMX, Ja Rule and Nickelback. Among the division's developing artist successes were gold and platinum-selling albums by Sum 41, Saliva, American Hi-Fi, and the Grammy Award winner Shelby Lynne. In addition, Caparro was instrumental in Island Def Jam's acquisition of half of Roadrunner Records, whose roster includes such top-selling acts as Nickelback and Slipknot.
Under Caparro's leadership, The Island Def Jam Music Group partnered with Mercury Nashville and, together with Luke Lewis, the chairman of Mercury Nashville, founded country label Lost Highway Records. The partnership produced the award-winning soundtrack to the film O Brother Where Art Thou, which has been certified six times platinum for U.S. sales of more than six million units. The label is also home to singer-songwriters Ryan Adams and Lucinda Williams, among others.
Prior to The Island Def Jam Music Group, Caparro served as president and chief executive officer of PolyGram Group Distribution (PGD), where he oversaw the double-digit growth of PGD and built numerous other successful divisions, including video, merchandising, Polymedia, independent label sales (ILS) and new media & business development. Under his leadership, PGD became one of the largest and most respected music distribution companies in the U.S.
For five years in a row, 1994-1998, PGD was the recipient of the National Association of Recording Merchandisers (NARM) Distributor of the Year award.