The two organizations will work together to address the stigma of addiction and mental health treatment for Black music workers.
Also this week: UMG is undergoing a "organizational redesign," RCA Records UK has a new managing director and SiriusXM ups its podcast game.
The company announced that Folgueira was resigning to "pursue personal projects."
The longtime talent buyer will be based in London.
The longtime BMG employee now helms the company's single largest business unit.
Hourican joined TikTok in 2019 and helped launch its distribution wing SoundOn, among other achievements.
Also this week: Wasserman Music welcomes four new faces, The MLC bulks up its advisory groups, plus a Wise choice is made in France.
Also this week: RCA OKs KJs promotion, Transgressive gets its Canvasback (yeah), Oak View Group has a new CTO and more moves.
Cook also serves as operations manager for Cumulus' Nashville cluster and program director for Nashville country stations WKDF and WSM-FM Nashville.
At the "audio everywhere" arm of Issa Rae’s multimedia company HOORAE, the industry vet will oversee the division’s record label and its other operations.