AM Brief: Weiss Exits RCA, Coca-Cola’s Music Bet, Private Shows $’s, Facebook, Rethink & More

Hypebot publishes a brief of top industry news mid-morning (ET) every weekday and when warranted adds a PM Update late in the afternoon..

• As part of the reshuffling caused by Doug Morris moving from UMG to head Sony, RCA/Jive chief Barry Weiss officially left the label group and will move to UMG to head its West Coast operation. Expect more changes within both companies.
• Coca-Cola launches global music effort to connect with teens in hopes of doubling revenue by 2020. (AdAge)
• How much can a top artist make doing private shows?  (Hollywood Reporter)

MORE:

• Facebook now valued at $65 Billion. (Mashable)
• Mike Masnick offers his take on the Jeff MacDougall Hypebot post on music as a service rather than a product. (Techdirt)
• The new Berklee / MIDEM Rethink Music Conference in Boston has nabbed some impressive guests including WMG's Lyor Cohen, Amanda Palmer, Damian Kulash, Ben Folds and Rep. John Conyers, the ranking member of the House Judiciary Committee. Register by this Monday, March 7th to get 40% off.
• Charles McEnerney has left OurStage as its Director of Marketing and is consulting while he looks for a new opputunity.  Before OurStage, McEnerney did branding and marketing for ArtsBoston and a number of start-ups (Zebigo, MovieMaker, Fast Company) and big media (HBO, WGBH/PBS). Charles also hosts the great music interview podcast Well-Rounded Radio. Connect him on Linekin.
• New York Times Tech Talk Podcast: Investing in Music.
• Video social networker Watchidoo is streaming the action on SXSW's Next Stage live. (press release) Stay tuned for details of the panel that Hypebot's Bruce Houghton is doing on cloud streaming with TuneCore's Jeff Price and manager/consultant George Howard.