Universal Music Group has appointed Alvaro Galbete-Velilla as their new SVP, New Business. In his new role, he will work closely with the major label’s internal departments and key collaborators to develop opportunities in the Web3 and Metaverse sectors, and in other emerging areas of digital business development.. For more than 20 years, Galbete-Velilla has held leadership positions in the music and tech space. Prior to UMG, he served as SoundCloud’s Director of Business Development, and co-founded a DJ-oriented streaming platform named Pulselocker, where he signed licensing deals with several independent record labels. Galbete-Velilla will work alongside Kristen Bender, SVP of Digital Innovation Strategy & Business Development, and will report to Michael Nash, UMG’s Executive Vice President, Chief Digital Officer
“We believe our leadership in innovation is a key factor placing us at the forefront of the music industry’s transformation, so we’re excited to have Alvaro and Kristen fulfill these key roles,” said Nash.
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