MUSIC MAVERICK RICKY ILACAD NAMED MANAGING DIRECTOR, MCA MUSIC PHILIPPINES
HONG KONG, April 28, 2006 –– Ricky Ilacad has been named as Managing Director of MCA Music Inc. Philippines, effective from May 2. The appointment was announced today by Harry Hui, President of Universal Music South East Asia, to whom he will report. MCA Music Philippines is part of Universal Music Group, the world’s largest music company.
Ilacad will lead and oversee the company’s daily operations, develop future business strategies, strengthen media and corporate alliances, boost the sales of international repertoire, and create and develop a domestic-repertoire label.
The appointment will build on the excellent progress made by MCA Music Philippines, led by Interim CEO Phil Murphy, over the past seven months, during which the company has moved from fifth to second place in international market share. Murphy will continue to run the company until Ilacad joins at its headquarters in metro Manila.
Ilacad comes to MCA Music Philippines from his post as Managing Director of Warner Music Philippines, where he has spent a very successful past eight years. The executive played a key role in the national success of such top international acts such as Madonna, Green Day, Linkin Park, Simple Plan, the Corrs, Josh Groban and Michael Bublé, and multi-platinum domestic artists such as Nina, Kitchie Nadal and Christian Bautista. Moreover, Bautista’s major success extended to Thailand and Indonesia.
Prior to Warner Music, Ilacad held positions at Sony, BMG and EMI.
Harry Hui said, “I can’t think of a better qualified, talented and passionate music man than Ricky to take MCA Music Inc. Philippines forward into a new era and to be the No. 1 music company in the Philippines. He is a true pioneer in his field and I am excited to have him on board the Universal Music South East Asia team.”
Ilacad commented, “I am extremely honoured and delighted to join the MCA Music team. Having a wide range of great artists and the most diverse catalogue, I don’t see any way but for MCA Music Philippines to become the market-share leader. I am looking forward to meeting the challenges to bring this to fruition.”
About Universal Music Group
Universal Music Group is the world's largest music company with wholly owned record operations or licensees in 75 countries. Its businesses also include Universal Music Publishing Group, one of the industry's largest global music publishing operations.
Universal Music Group consists of record labels Decca Music Group, Deutsche Grammophon, Interscope Geffen A&M Records, Geffen Records, Island Def Jam Music Group, Lost Highway Records, Machete Music, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Music Latino, Universal Motown Records Group, and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalogue of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes eLabs, a new media and technologies division, and Universal Music Mobile.
Universal Music Group is a unit of Vivendi, a global media and communications company.