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Weinsteins’ venture lands money man

Former Loudeye prexy Madden named chief financial officer

NEW YORK — Bob and Harvey Weinstein continued Monday to bolster the ranks of their newly launched media entity — the temporarily monikered Weinstein Co. — by naming Larry Madden exec VP and chief financial officer.

Madden was prexy of digital media solutions at new-media firm Loudeye. Based in Gotham and reporting directly to the Weinsteins, he will oversee the new venture’s finances, accounting, reporting and info systems. He takes up the job today.

Exec also will be involved in business development and general business activities, including financial arrangements for film projects.

Move to bring in new blood marks a further changing of the guard for the Weinsteins, who in September are exiting Miramax Films, the company they founded and subsequently sold to the Walt Disney Co.

Disney is expected to begin announcing management plans for Miramax this month. The studio and the Weinsteins’ new company are continuing their relationship on a number of film projects.

At Loudeye, Madden oversaw the firm’s digital music biz and its industry relationships. Exec had just been upped at Loudeye in March from exec veep-CFO.

Madden was also previously CFO and chief administrative officer for Los Angeles-based marketing firm Emak Worldwide, and he has held exec roles at music units Atomic Pop, Def Jam Recordings and Polygram Intl.

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