Ames to Take Helm at Warner Music
Former PolyGram Music Group president Roger Ames has been named to head the <A HREF="http://www.pathfinder.com/corp/wbmusic/index.html">Warner Music Group</A>, parent company <A HREF="http://www.pathfinder.com/corp/tw">Time Warner</A> announced August 16. Warner's music division, formerly the top domestic money-earner, has been stagnant in the past few years. Still one of the top five music conglomerates, it now trails Seagram's Universal Music, Bertelsmann AG, and Sony Music in total business, but retains the #2 spot in total number of albums sold, according to the <A HREF="http://www.wsj.com/"><I>Wall Street Journal</I></A>. Warner's foreign business is far weaker.