Director, New Digital Business

Director, New Digital Business & Innovation page is loaded Director, New Digital Business & Innovation
Apply locations Santa Monica, California time type Full time posted on Posted 5 Days Ago job requisition id UMG-22022 We are UMG, the Universal Music Group. We are the worlds leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.

We are currently seeking a Director, Business Development & Innovation to join our Digital Strategy Team. This Director will be joining a team of high performers that are working to promote the digital evolution of UMG through innovation, engagement within the startup community, market analysis and creative licensing. This person will be expected to challenge the status quo, re-imagine business processes wearing a digital lens and recommend digital business opportunities for implementation. Based in Santa Monica, this individual will be responsible for engaging with early-stage companies, building strong networks with the Venture Capital community, and developing go-to-market strategies. The ideal candidate must have a passion for music and an entrepreneurial spirit; and they must thrive in a high-demand, performance-driven environment.
Synthesize information and develop new digital business opportunities
Build business cases leveraging internal data, secondary research and advanced quantitative and qualitative modeling
Manage relationships with multiple partners across the investment and entrepreneurial communities
Stay up to date with digital technology developments
Source compelling new digital business and licensing opportunities
Create and present research and analysis such that it is easily digestible and ultimately transformed into a strategic narrative for both internal and external review
Partner closely with Innovation team to analyze pipeline of startups sourced through innovation programs and startup partnership ecosystem
Bachelors Degree Preferred
~ MBA or JD a plus
~3+ years of experience in music-related business development, music startup or music tech accelerator-oriented programs
~ n-depth understanding of the music business and digital media landscape
~ Inherent desire to stay current on developments in digital technology
~ Ability to synthesize and communicate complex information from disparate sources into a clear and compelling story that helps key internal decision makers commit to action
~ Advanced presentation skills with an eye to aesthetics and design to facilitate communication
~ Creative thinking and ability to seek innovative solutions to complex technical and business problems
~ Team player with a deep love of music

Comprehensive medical, dental, vision, and FSA options, as well as:
~Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)
~ Student Loan Repayment Assistance and Tuition Reimbursement
~100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation


~ Flexible Paid Time Off (PTO) for exempt employees
~2-weeks paid Winter Break
~10 Company Holidays (including Juneteenth and Wellbeing Day)
~ Summer Fridays (between Memorial Day and Labor Day)
~ Check out our full overview of benefits on the Perks Playlist page of the career site.
Universal Music Group is an Equal Opportunity Employer We are an E-Verify employer in Alabama, Arizona, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Utah.
E-Verify Participation Poster: English / Spanish
E-Verify Right to Work Poster: English | Spanish

Business Strategy & Operations Salary Range:
$We are Universal Music Group, the worlds leading music company. We are the home for musics greatest artists, innovators and entrepreneurs.
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