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FYI

Randy Lennox Announces He's Leaving Bell Media

Randy Lennox is stepping down from his role as president of Bell Media and Wade Oosterman, Bell group president and vice-chair, will assume operational leadership of the BCE division and Deborah Lithwick will become chief brand officer in January, replacing Oosterman who currently holds the title.

Randy Lennox Announces He's Leaving Bell Media

By FYI Staff

Randy Lennox is stepping down from his role as president of Bell Media and Wade Oosterman, Bell group president and vice-chair, will assume operational leadership of the BCE division and Deborah Lithwick will become chief brand officer in January, replacing Oosterman who currently holds the title.


An orderly transfer suggests plans for a change in leadership of the media division were not made overnight. In an e-mail shared with associates and key employees earlier today, Lennox stated: "In the summer of 2015 I joined Bell Media to help lead the transition of the Media business particularly with respect to Talent, as well as helping to transform the Digital and Content Business."

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He went on to state: "I’m still fully engaged, have many aspirations going forward, and I hope our paths cross again as things continue to evolve."

He was not available for comment by e-mail or by phone.

Lennox

Lennox came to Bell Media after leaving Universal Music Canada where he was president and CEO of the entertainment company. He was active in signing and championing Canadian acts globally. In 2017, he was honoured with the Walt Grealis Special Achievement Award at the 2017 Juno Awards, and named Canadian media executive of the year by trade publication Playback magazine.l

Lennox has been described by U2's Bono as a "music maven turned telecommunications mogul," and "a man without whom American and Canadian music would certainly not be the same" by Gene Simmons of Kiss, as reported by his Wikipedia entry.

In January 2019, Lennox was named the chair of the board for the Banff World Media Festival.

No further information is available but it is expected that when Lennox returns, it will more than likely be in the entertainment field and with his vast network of allies it is a fair guess that he will be in the company of some influential associates. – Sources: The Canadian PressWikipedia

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Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy
Photo by Tech Daily on Unsplash
Streaming

Canada Announces $600 Million Investment in Music and Media Amidst Online Streaming Act Controversy

As the U.S. government and major online streamers like Spotify and Apple Music push back against the so-called "streaming tax," the Canadian federal government will make its own investment to "provide stability and immediate support to Canada’s audio and audiovisual sectors."

The Canadian government is stepping in to support Canadian music and media amidst debates around the Online Streaming Act.

This morning (June 3), the government announced that it will offer immediate financial support for music, audio and audiovisual media with a $600 million yearly investment. The release says funding will "provide stability and immediate support to Canada’s audio and audiovisual sectors and keep our culture accessible and affordable for all Canadians."

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