Moonbug Leisure, the CoComelon producer owned by Candle Media, has appointed Courtney Holt as the corporate’s first International Head of Music and Strategic Audio Initiatives.
Holt will oversee Moonbug’s music label by way of alliances with companions and strengthened ties with established and rising artists. He will even be answerable for the worldwide enlargement of the audio division and world music operations together with additional growing Moonbug’s music business and artistic partnerships and exploring rising audio-based initiatives.
In his most up-to-date profession chapter, Holt was a senior exec at Spotify however left the corporate in 2022 because it was starting a pullback from podcasting and implementing workers and value reductions.
Moonbug was acquired by Candle, which is led by former Disney execs Kevin Mayer and Tom Staggs and backed by personal fairness big Blackstone, for $3 billion in 2021. The UK-based firm is aiming to determine a globally music model within the kids’s leisure sector. Holt, who additionally has labored at Common Music, Viacom and Disney, brings a big quantity of expertise to his new position.
At Common Music Group, Holt was concerned within the early digital music evolution for the corporate. In a four-plus-year run at Spotify, he was a key exec concerned in constructing out its podcast enterprise and cementing relationships with creators.
“We regularly hear from music creators who want to work together with our content material and I’m excited in regards to the alternatives that having Courtney on board will create,” Moonbug Co-Founder and CEO Rene Rechtman stated. “He brings with him a confirmed observe report in delivering sturdy efficiency within the music and media business and his appointment might be instrumental in cementing our place as a pacesetter within the world music panorama.”
Holt relies in Moonbug’s Los Angeles workplace and plans to develop and broaden the native L.A. music and audio staff.
“I sit up for collaborating with our gifted staff to discover new alternatives, forge strategic partnerships, and push the boundaries of what’s potential,” Holt stated. “As a mother or father, I’m impressed by the work Moonbug has been doing to supply nice and inspirational content material for teenagers. I’m excited to embark on this thrilling journey with Moonbug.”