Warner Music appoints Lo Ting-Fai as President of Asia-Pacific

Warner Music Group has introduced the appointment of Lo Ting-Fai, referred to as Lofai, as President of Warner Music Asia-Pacific (APAC).

Beginning on Monday (August 11), he shall be based mostly in Hong Kong, reporting to Robert Kyncl, CEO of WMG, who introduced plans to nominate a head of APAC final yr amid a broader restructuring of the corporate’s senior management.

At the moment, Kyncl additionally confirmed the multi-territory oversight of different main areas, with Simon Robson taking cost of EMEA (together with the UK), and Alejandro Duque persevering with to guide LATAM.

Lofai will now oversee all recorded music territory heads throughout the Asia-Pacific area, a key marketplace for WMG’s international development technique.

Information of his appointment arrives on the identical day that WMG introduced its calendar Q2 earnings outcomes, with underlying recorded music revenues up 8.3% YoY on a relentless forex foundation.

Warner Music is seeking to meet a minimum of one key problem in APAC: in Might, Robert Kyncl cited “market share strain in China” as one of many components behind WMG’s slower recorded music development in calendar Q1.

Lofai’s appointment as head of APAC matches into Kyncl’s plan to strengthen Warner’s presence within the area’s fast-changing music scene.

Lofai joins WMG from telecoms large PCCW, the place he served as CEO of MakerVille, an leisure firm specializing in content material creation, artist administration, and stay occasions, and as COO of the OTT regional streaming platform Viu. Along with his government management, having written songs below the pseudonym “Yu Ri.”

Lofai mentioned of his appointment at WMG: “I’m excited to be taking on this unimaginable function. WMG has been rewriting the foundations relating to how a music firm works in our altering business, and it has large ambitions for development within the APAC area.

“I sit up for collaborating with Robert and WMG’s groups around the globe as we assist extra Asian artists hit the worldwide stage, strengthen our unimaginable catalog, and discover contemporary, modern methods to construct passionate, loyal fanbases.”

“Lofai will oversee lots of our highest precedence markets each as we speak and sooner or later, with culturally numerous music scenes, full of subsequent era expertise and iconic copyrights.”

Robert Kyncl, Warner Music Group

On Lofai’s new function, Kyncl commented: “Lofai will oversee lots of our highest precedence markets each as we speak and sooner or later, with culturally numerous music scenes, full of subsequent era expertise and iconic copyrights.

“He brings his artistic aptitude, enterprise acumen, and connections all through the digital economic system to this tremendous vital function. Collectively, we’re dedicated to discovering and growing artists with large artistic and industrial influence, evolving our suite of companies, and rising our market share throughout the area.”

Born and raised in Hong Kong, Lofai started his profession in radio earlier than transitioning into promoting, the place he introduced his artistic expertise to international companies together with Wieden+Kennedy and CTWCM. He later served as Apple’s Inventive Director for Asia Pacific earlier than becoming a member of PCCW in 2010.

His tutorial background consists of research on the Chinese language College of Hong Kong, the College of Oxford, and Harvard Enterprise College.

Warner Music employed Sherry Tan as Head of Recorded Music for Mainland China in 2021, underscoring the corporate’s ongoing funding within the area’s potential.Music Enterprise Worldwide