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in 1995). Iovine's departure also made way for a restructuring at Interscope Geffen A&M Records, resulting in the hiring of Interscope chief operational officer John Janick as its new chairman and CEO. Grainge said of the reorganization, "Since coming to UMG nearly two years ago, he has consistently shown why he is widely regarded as one of the most talented, innovative and entrepreneurial executives in the music business today and will be a key player

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