S10 Entertainment

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.