![the-latest-greatgold-news-cover_over-pretty-smiling-lady_also-mobile-ready-phone-image_300x300](http://greatgoldmusic.com/classic-hits/me/wp-content/uploads/2021/01/the-latest-greatgold-news-cover_over-pretty-smiling-lady_also-mobile-ready-phone-image_300x300-150x150.png)
BILLBOARD REPORTS that the consortium was helmed by investor Boston Ventures and an internal BPI management group fronted by Holdsworth and Jerry Hobbs in a move that was seen as a non-disruptive way to keep BPI – which included Billboard, Musician and Amusement Business, among other titles – intact.
HOBBS, who had served as executive vp of BPI and Billboard’s publisher, became president/CEO of the new entity, while Holdsworth became publisher of Billboard and then publisher/editor-in-chief. BPI had purchased Musician in 1981, which brought Holdsworth into the company, according to Billboard.
![read-the-latest-articles_from-the-archives-of-years-gone-by_greatgold_900X350](http://greatgoldmusic.com/classic-hits/me/wp-content/uploads/2021/01/read-the-latest-articles_from-the-archives-of-years-gone-by_greatgold_900X350.png)