Avex

According to Variety, Universal Music Group has named Libby Bush to the newly created role of President, Global Brands and Commercial Partnerships, starting in November. The position will lead a new global function that unites UMG’s brands, media, and commercial partnership businesses, including Universal Music Group for Brands. The report also notes Avex has acquired 85% of S10 Entertainment from Brandon Silverstein.

According to Billboard, Avex increases ownership stake in S10 Entertainment to 85%, with a shared goal of reaching 100% ownership. The report identifies Avex as the Japanese entertainment giant behind the stake and notes the target of full ownership.