In a move many are billing an abrupt one, Billboard Magazine’s Editorial Director Bill Werde has parted ways with the company today, set to be replaced by ‘The Hollywood Reporter‘s Janice Min.
Full story below…
Announcing his departure via his official Twitter account, the one time ‘Rolling Stone‘ editor will now focus on collaborating with the organisation’s parent company ‘Prometheus Global Media‘, owned by the Guggenheim Partners.
When quizzed on Min’s surprise takeover, Werde explained to one Twitter user:
Then, in an official statement published on his personal blog, he went on to elaborate:
“Guggenheim Digital has expressed interest in me working to develop some new ideas within their framework of companies, and I look forward to applying an entrepreneurial approach to the entertainment and media realms that we’ve all spent so much time studying. More soon!”