"As an organization that promotes the unifying and healing power of music, we are shocked and heartbroken," the Recording Academy states.
Higginson replaces outgoing digital chief Oana Ruxandra.
Ruxandra, who has been with Warner for eight of the past 10 years, led investments and partnerships in the digital, gaming, web3 and AI spaces.
Young’s on-demand audio streams are down a third since he left Spotify, which means he's missing out on about $16,000 in royalties each month.
Kyncl spoke at the Code Conference on Tuesday, saying, "You have to embrace technology, because it's not like you can put technology in a bottle."
WMG christens a new German office -- a "sign of our commitment to local players in the creative and cultural scene."
CEO Robert Kyncl outlined a new policy to take effect later this year designed to increase collaboration and enhance relationships across the company.
Recorded music revenue rose nearly 8%, thanks to a strong slate of releases led by Ed Sheeran, Linkin Park and Melanie Martinez.
Also this week: Joe Cocker's estate partners with Iconic Artists, Warner launches a music accelerator program with Polygon Labs and more.
Two years after being named president, Kreidich looks back at how ADA has been reorganized -- and how she's helped set it on a course for the future.
