Solters came from a long line of press representatives.
The Billboard Global Music Index dropped 0.7% to 1,780.54, lowering its year-to-date gain to 16.1%.
Label and publisher stocks that soared in 2023 are mostly down this year, as some souring indicators have created uncertainty among investors.
In more Canada music news this week: A collaboration with Drake sends Partynextdoor back up the Canadian charts.
Also this week: Kate London moves to Audio Chateau, Nashville Yards staffs up as it nears compleation and Cumulus' podcasting network has a new senior vp.
The legendary producer and artist manager has worked with The Boss, Jackson Browne, Shania Twain and Natalie Merchant, among others.
The cuts impact more than 100 employees as the audio company puts off the release of two major new products
The recordings will be used to teach Duolingo users the foundations of music and music theory skills.
The acquisition includes certain producer income streams and music publishing assets.
The contest's winner will walk away with an artist package deal with UM valued at $250,000.