×

John Amato, Hollywood Reporter-Billboard Media Group CEO, Steps Down

An investigation into the executive's influence on newsroom procedures has been ongoing.

John Amato, the CEO of The Hollywood Reporter-Billboard Media Group, has resigned from his position.

In an email to staff obtained by Variety, Valence Media co-CEOs Asif Satchu and Modi Wiczyk wrote that “the search process for THR/Billboard’s next CEO has already started. … Thanks for your patience, attention and commitment during this transition. ” Valence is parent company to THR, Billboard, Media Rights Capital, Dick Clark Productions and film studio A24.

Amato joined the company in 2014 following stints as chief executive at Backstage and Sonicbids, both former properties alongside trade magazines Billboard and THR. He was the chief architect in launching the Billboard Hot 100 Music Festival, which is scheduled for August 18 and 19 in Jones Beach, New York, and also played a key role in the company’s acquisition of music websites Spin, Vibe and Stereogum in Dec. 2016. At the time, Amato boasted that the group “will be able to fully capture the value of millennials and music, and continue to strengthen its leadership position in this critical arena.”

According to reports, the New York-based Amato was being investigated for influencing newsroom procedures — specifically, axing a feature story on former Republic Records Group president and “The Four” judge Charlie Walk, who was relieved of both positions following accusations of sexual harassment. A source says the investigation into Amato’s practices has been ongoing and culminated in action this week.

More Biz

  • China's Alibaba to Take Majority Control

    Alibaba to Take Majority Control of Alibaba Pictures

    Chinese e-commerce giant Alibaba is to take majority control of its films unit Alibaba Pictures. The $160 (HK$1.25 billion) deal was announced on Monday. The companies said that Alibaba will increase its stake in Hong Kong- and Singapore-listed Alibaba Pictures, through a share subscription. It will lift the parent company’s stake from 49% to 51%, [...]

  • Guy Moot

    Is Sony/ATV’s Guy Moot Headed for Top Job at Warner/Chappell?

    Ever since Jon Platt announced in September that he will be stepping down from his post at the helm of Warner/Chappell Publishing to take the top job at Sony/ATV when Martin Bandier’s contract is up at the end of March, speculation has been rife about who will take over for him. One name has been [...]

  • The King Eric Clapton A Life

    Rashida Jones, Lili Zanuck Talk Grammy Nominations and the Music-Documentary Gold Rush

    Nothing takes you back to time and a place like the music of a particular era. That’s one big reason why music documentaries are flourishing at a time of enormous demand for high-end docu productions. This year’s five Grammy Award nominees for best music film reflect the appetite for stories about renowned and beloved musical figures, [...]

  • il bussetto best business card holder

    Office-Appropriate Gifting: The Best Gifts For Your Colleagues and Bosses

    You can do better than a handshake or bottle of wine to wish your boss a Happy Holiday this season. Here are 10 gifts that show your appreciation for your colleagues or manager, while also helping you stand out from the card and cookie-wielding pack. 1. Personalized Beer Growler Whether they are using it for [...]

  • viceroy-los-cabos-review

    Winter Hotel Guide: Where The Stars Stay in Los Angeles, New York and Beyond

    Whether for a business meeting, a private event, or an intimate celebration for family and friends, these are the hotels that Hollywood keeps on its list. From storied properties that are rich in film and fashion lore, to new players on the hospitality scene, here’s where to book your next stay. 1. Hotel Shangri-La (Santa [...]

  • best tech gifts ipad apple

    Retail Analysts Reveal Top Tech Gifts of 2018

    It’s shaping up to be a busy holiday season for tech and electronics companies, as gaming consoles, streaming devices and televisions top the list of most anticipated gifts, according to retail analysts. New data from Adobe Analytics forecasts that the holiday shopping season (the period from November 1 to December 31) will see more than [...]

  • best harry potter gifts art

    Harry Potter 20th Anniversary: The Best Gifts For Harry Potter Fans

    2018 marked a big milestone for “Harry Potter,” as the franchise celebrated the 20th anniversary of “Harry Potter and the Sorcerer’s Stone” release in the U.S. Since that first book was summoned onto store shelves, the Wizarding World has become a phenomenon not just in America, but around the world, spawning a successful film franchise, [...]

More From Our Brands

Access exclusive content