Lou Maglia, former president of Island Records,...
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Lou Maglia, former president of Island Records, has assumed the presidency of Bertelsmann Music Group’s newly created, but as yet unnamed, fourth music label in Los Angeles. BMG’s other labels are RCA, Arista and Ariola. Bertelsmann is the $1.6-billion-a-year global music and video operation of Bertelsmann AG, a West German media enterprise.
