Former Columbia GM Joel Klaiman Named President of Hitco Entertainment

Joel Klaiman, who most just lately served as government vp/common supervisor of Columbia Records, has been named president of Hitco Entertainment, the brand new report/leisure firm launched this 12 months by L.A. Reid and Charles Goldstuck.

Klaiman, who parted ways with Columbia in August after six years with the label, can be based mostly in New York. In his earlier position, he had run the label’s advertising, digital advertising, promotion, publicity, branding, sync licensing, video manufacturing and content material growth departments.

“L.A. and Charles have created a forward-thinking firm to develop and produce music-focused initiatives for distribution throughout all platforms,” Klaiman stated in an announcement. “I’m excited for this new position as we work collectively to understand Hitco’s aim of making nice music and serving to artists rise to new heights of success.”

Hitco, which Billboard first reported last August would incorporate a report label and publishing wing, is Reid’s first gig within the music enterprise since his exit from Epic Records final May amid allegations of sexual harassment made by a feminine staffer. Since then, Reid and Goldstuck have signed artists equivalent to Big Boi, Dinah Jane of Fifth Harmony and SAINT JHN, and introduced on Kirdis Postelle to run the company.

“Joel is an skilled, world class government who has mastered all sides of the music enterprise,” Reid and Goldstuck stated in an announcement. “With Joel joining our leadership team, we are now well poised to take the next step in our growth cycle. We’re excited that he will help drive our efforts as we move toward building a world class music enterprise.”

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