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Digital
MOG CEO steps down
By CMU Editorial | Published on Thursday 22 November 2012
The founder and CEO of American music streaming service MOG, David Hyman, has left the company, reports C-Net.
No precise reason has yet been given for the sudden departure, though it is probably related to the recent acquisition of the company by Dr Dre and Jimmy Iovine’s Beats Electronics. Hyman will apparently stay on as a “strategic advisor”, according to an official statement, though his own remarks suggest that he’ll not be taking up that role in the immediate future.
In a statement, a spokesperson for Beats said: “Effective immediately, David Hyman will be stepping down from his role as CEO of MOG, but will continue working closely with the company as a strategic advisor”.
Hyman himself said via a post on Facebook: “MOG… my child, it’s been a long great journey. But like Sting said, ‘If you love something, set it free’. You’re in good hands at Beats. I’m looking forward to my first real break since 1994. Nepal? Kauai? Taking a year off. Do not disturb”.
