MySpace Music Grabs MTV Man, Industry Vet

Courtney Holt’s LinkedIn page says he’s still EVP Digital, Music Group at MTV Networks, but the music industry vet was just named the new president of MySpace Music.

Holt will start at Fox Interactive Media-owned Myspace January 5. According to a company press release, he’ll oversee MySpace Music growth and development globally.

Currently, MySpace Music offers ad-supported audio and video and enhanced sponsorship opportunities for advertisers, in addition to e-commerce functions for portable music and related merchandise.

Holt, of course, will seek out new ways of making money through the music site. “The new company will explore different and evolutionary revenue streams that provide real opportunities for artists and the industry as a whole,” he stated in the release.

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