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Manager, Business Development - Innovation & Emerging Technologies
Warner Music Group
New York, NY, United States
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Job Description:
With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Big Beat, Canvasback, East West, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Warner Bros., Warner Classics, and Warner Music Nashville, as well as Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.
Job Title:
Manager, Business Development - Innovation & Emerging Technologies
A little bit about our team:
The Innovation & Emerging Technologies group sits within the Digital Strategy & Business Development team at WMG and is responsible for sourcing and developing new strategic initiatives, partnerships, and license deals that take advantage of emerging opportunities in the 21st century media and technology environment. In doing so, the team aims to help bolster the core business, diversify WMG’s revenue streams and asset portfolio, and create new areas of development for WMG’s labels and artists. Given its broad strategic objectives, the Innovation & Emerging Technologies group works closely with Digital Legal, Finance, and WMG’s senior leadership, as well as with marketing, artist development, and brand sponsorship teams at WMG’s labels.
Why this could be your next big break:
You will join a lean, entrepreneurial team charged with developing WMG’s innovation strategy, identifying new diversifying business opportunities, and striking partnership and licensing deals around new use cases for music. As a member of this team, you will be responsible for monitoring and identifying key trends in the digital media and technology landscapes, assisting in the creation of materials for Senior Management, supporting various aspects of the deal making process, and working closely with Digital Legal, Artist Services, and the labels to support new initiatives.
Here you’ll get to:
• Analyze market data and industry research to survey the digital media and emerging technology spaces for new areas of opportunity for WMG
• Synthesize learnings from past deals and forward-looking research to assist in the development of an innovative business development strategy for WMG
• Work with external partners to develop new business models and economic structures related to new use cases and platforms for music content
• Build financial models to test assumptions, simulate hypothetical performance of new innovative initiatives, and set objectives to benchmark performance of experimental partnerships
• Utilize visualization and data storytelling skillsets to create compelling data-driven materials and presentations to communicate WMG’s innovation strategy
• Interface closely with the Digital Legal, C-suite, Investment, and Finance teams to generate buy-in and support for new deals and initiatives
Rockstar candidates will have:
• Bachelor’s Degree from a top university
• Strong financial modeling skills from 1-2 years of experience in finance or consulting
• Advanced Excel skills and experience with PowerPoint
• Strong communication and presentation skills from experience interfacing with senior executives and external partners
• Ability to synthesize large volumes of research and news to extract key insights and takeaways
• Demonstrated self-starter mentality and effective organizational skills
It would be music to our ears if you also had:
• Passion for music and creating the best new experiences for fans
• Experience in media/digital technology or online/mobile music/video services in a strategy or business development capacity
• Knowledge and experience in some of the following areas: social media business models, AR / VR, gaming, ad-supported media, e-commerce
• At least a basic understanding of content licensing and intellectual property
Why join us?
Warner Music Group is all about our people. We are one global company made up of the most knowledgeable, passionate, and creative people in our business.
It is the mission of every member of the WMG team around the world to create a nurturing environment for artists, songwriters, and the people behind the music, every stage of their career. We strive to set WMG apart from the rest of the industry by embracing a philosophy of innovation that is part of our company's DNA.
Consider a career at WMG and be a part of one of the biggest forces in music today.
Love this job and want to apply?
Click the “Apply” link at the top of the page, or apply directly with your LinkedIn. Applying with LinkedIn will import all of the information you put in your profile, but will still allow you to upload a resume and cover letter.
Don’t be discouraged if you don’t hear from us right away. We’re taking our time to review all resumes, and to find the best people for WMG.
Thanks for your interest in working for Warner Music Group. We love it here, and think you will too.
Warner Music Group is an equal opportunity employer. We enthusiastically accept our responsibility to make employment decisions without regard to race, religious creed, color, age, sex, sexual orientation, gender, gender identity, gender expression, national origin, ancestry, marital status, medical condition as defined by state law (genetic characteristics or cancer), physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, genetic information or any other classification protected by applicable federal, state or local laws or ordinances.
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