Warner Music Group CEO Stephen Cooper To Step Down Next Year

Jennifer Maas TV Business WriterSUN VALLEY, Idaho — The Elon Musk watch is on.The first full day of Allen & Co.’s exclusive conference and retreat for the wealthy and well-connected concluded Wednesday at the luxe Sun Valley resort. Even among the assembled 1%-ers, there was anticipation for the arrival of the maverick leader of Tesla and SpaceX, who is expected to make an appearance at the annual meeting of moguls and C-suite titans.Following Tuesday’s many arrivals and some solo morning time, during which Verizon chief Hans Vestberg went for a run around the resort in the 6 a.m.

Jennifer Maas TV Business WriterSUN VALLEY, Idaho — The moguls have arrived.On Tuesday, dozens of titans of the business, media and tech worlds came out to play at the Sun Valley Lodge in Idaho for the start of Allen & Co.’s annual meeting of movers and shakers.The invitation-only conference will include three days of seminars and meetings that are held away from the prying eyes of the public, which kick off Wednesday morning. So today was all about meeting and greeting each other at the posh retreat in Idaho’s picturesque Sawtooth Mountains.Arrivals began at the Sun Valley Lodge around 11 a.m.

Alice Cooper.During an appearance on The Tonight Show Starring Jimmy Fallon on Wednesday (June 29), the chat show host brought up the doppelgänger comparison that was “going around” on the internet.After some laughter, Carell said in response: “I see it.”The actor then recalled how he once served Cooper while working in a restaurant in Chicago.“I was working at a restaurant, and he came in. And he was Alice Cooper,” Carell said.

Selome Hailu For “Cha Cha Real Smooth” casting director Angela Demo, it was out of the question to consider neurotypical actors for the part of Lola, who is on the autism spectrum. “It was never in my mind,” Demo tells Variety.

Jem Aswad Senior Music EditorLegendary rocker Alice Cooper, who should need no introduction, has signed with CAA to represent his touring in North America.He has sold more than 50 million albums over the years and was inducted into the Rock and Roll Hall of Fame in 2011. His nightly radio show, “Nights With Alice Cooper,” continues to air in nearly 100 cities in the U.S., Canada, Australia, and the U.K.

Richard Gere caused a sexual awakening in Anderson Cooper.

Have you HEARD the news? Fans who can’t get enough of Johnny Depp in the wake of his legal victory over Amber Heard can now buy a ticket to his next show.

Cooper Raiff has been embracing a nomadic lifestyle, crashing with friends in Los Angeles and traveling to national parks while he’s in between jobs. But the lack of a permanent residence does have its drawbacks. He moved into a new sublet in Queens — where he’s preparing to shoot a movie — late last week and opened the door to a disaster zone, the kind of mess that compels one to immediately wash the bed sheets.“If I’m going be put up by this movie for a year, I don’t want to pay for something during that,” he says, noting that producers of his upcoming film will soon supply housing.

Jem Aswad Senior Music EditorSteve Cooper, CEO of Warner Music Group for the past 11 years, will step down next year, according to a report in the Wall Street Journal that was confirmed to Variety by a rep for the company.The transition will be a gradual one, the rep emphasized, as the company seeks a suitable successor.Warner is the third-largest major music group, after Universal and Sony, and Cooper has run it with a firm, calm and non-flamboyant hand through the first decade of the streaming era and as it went public for a second time in the early months of the pandemic in 2020. The company earnings were declining at the time of his arrival and he not only reversed that trend but doubled its revenue and embraced new technologies and business opportunities.

Warner Bros took the stage at CineEurope here in Barcelona this evening, touting its upcoming slate ahead of a screening of Baz Luhrmann’s Elvis which begins rolling out this week.

after college. Raiff sticks to the feel-good coming-of-age genre in this Sundance success. “Cha Cha Real Smooth,” premiered at the 2022 Sundance Film Festival, earning the festival’s Audience Award.

the company announced on Friday.The investigation centers around a $3 million hush money payment from McMahon to a former employee with whom he allegedly had an affair.  broke the story on Wednesday, stating that the separation agreement with the former employee was signed in January. McMahon also allegedly gave the employee a pay raise from $100,000 to $200,000 at the start of the affair before passing the woman off «like a toy» to WWE's head of talent relations John Laurinaitis.The report also stated that that the investigation uncovered other similar nondisclosure agreements with employees dating back several years.A WWE press release issued Friday morning stated that, «McMahon will retain his role and responsibilities related to WWE's creative content during this period and remains committed to cooperating with the review underway.»«I have pledged my complete cooperation to the investigation by the special committee, and I will do everything possible to support the investigation,» McMahon said in the press release.

After decades of serving as the CEO of the World Wrestling Entertainment (WWE), Vince McMahon is stepping down.

Vince McMahon has “voluntarily stepped back” from his roles as chairman and CEO of the WWE.

announced Friday.Stephanie McMahon, Vince’s daughter who took a leave of absence last month from her role as the company’s chief marketing officer, will serve as interim CEO and chairman.

Vince McMahon has “voluntarily stepped back” from his responsibilities as WWE CEO and chairman while the board of directors investigates claims of misconduct against the exec, the company said Friday.The board of WWE has launched an investigation into allegations that McMahon offered a $3 million settlement to a former female employee with whom he had an affair, according to a detailed investigative report Wednesday by the Wall Street Journal.WWE said Stephanie McMahon, Vince’s daughter, will assume the role of interim CEO and interim chairwoman. She comes back to the company after last month announcing a leave of absence as WWE’s chief brand officer to “focus on my family.”Vince McMahon will retain his role and responsibilities related to WWE’s creative content during the investigation and remains “committed to cooperating with the review underway,” the company said Friday.

EXCLUSIVE: Netflix is hoping to solve the legend of D.B. Cooper, the mystery man who hijacked a Northwest Airlines passenger jet in November 1971 and escaped with $200,000, never to be seen again.