David Waxman Named President of Ultra Records
Jem Aswad Senior Music EditorDavid Waxman has been appointed president of dance powerhouse Ultra Records, it was announced today. In this role, he will oversee overall management and day-to-day operations of the global electronic and dance music label and be responsible for identifying and developing new artists and projects.Sony Music confirmed to Variety that it has acquired the remaining shares in Ultra, which it has co-owned since 2012, and that former president Patrick Moxey, who founded the label in 1995, is no longer with the company.