Longtime music executive Todd Moscowitz, who most recently co-founded independent label 300 Entertainment with Lyor Cohen in 2013, has partnered in a joint venture with Universal Music Group (UMG) to launch Cold Heat Records. The new joint venture will be based in New York City and will begin operations immediately.
With a proven track record of success that includes time at Warner Music Group (WMG)—where he once served as President of Asylum Records, President and CEO of WMG’s Independent Label Group (comprised of Asylum, East West Records, and Cordless Recordings), and CEO of Warner Bros. Records—Moscowitz has had his hand in the development and growth of some of urban music’s most notable names such as Action Bronson, Meek Mill, Migos, Young Thug, Jill Scott, and Macklemore. Not to mention, Moscowitz contributed to Warner Bros. signing label deals with Drake’s October’s Very Own (OVO) and Rick Ross’ Maybach Music Group (MMG).
Lucian Grainge, Chairman and CEO of UMG said, “At Universal Music, entrepreneurship is in our DNA so we constantly seek to attract the brightest executives in the business embodying that spirit. With his impressive track record of identifying and breaking some of the most successful artists in hip hop, Todd is a excellent addition to our team of creative executives who are committed to bringing the best new talent to fans around the world.”
“Lucian, Boyd Muir and the management team at UMG have created an environment that encourages risk-taking and pushing creative boundaries, while giving entrepreneurs the resources and freedom to grow—and the results speak for themselves. I’m thrilled to be a part of the most forward-thinking team in the industry, and I’m looking forward to building Cold Heat Records into a preeminent destination for artists of all genres,” stated Moscowitz.