When Motown Records chairwoman and CEO Ethiopia Habtemariam announced on Tuesday she would be stepping down to “pursue new endeavors,” the news was met with surprise, concern and the one inevitable question: What’s next for the storied label founded by Berry Gordy? “Nobody saw this coming,” says one veteran label executive of the stunning announcement, stemming from the fact that Habtemariam was promoted to the chairwoman/CEO post in March 2021, only 20 months ago. Her groundbreaking appointment as the third woman — and only the second one of color — ever to hold that title at a major label was concurrent with other major news: Motown was being re-established as a standalone label after first being under the Island Def Jam umbrella and most recently under the Capitol Music Group banner. Du...
That mission statement remained front and center throughout the nearly three-hour ceremony/dinner during which emotions ran high. The Weeknd, co-recipient of The Quincy Jones Humanitarian Award for his philanthropic support of various charities and organizations including COVID relief, Black Lives Matter and MusiCares, recalled the first time he met the industry icon. “He pulled up to one of my club gigs in Las Vegas; he’s one of the reasons why I started making music,” said the emotional singer, to whom Jones presented the award via videotape. “He said he’d wait for me to visit with fans first before we talked. He was teaching me the lesion that nothing is more important than people and giving back. This is the best award I’ve ever gotten in my life, I swear. I won’t take this for g...