"I'm really happy to work closely with Lucian and the Board team in order to create today the foundation of the music company of tomorrow," said Mr. Nègre in a statement.
Nègre also currently serves as the president of the SCPP, French analog to the RIAA, which saw a 10 percent growth in income in 2011 following SCPP's agreement with Radio France to oversee podcasting of its programming.
Nègre is a strong supporter of France's controversial three-strikes filesharing rule HADOPI, telling the New York Times last February: "I think more and more French people understand that artists should get paid for their work… I think everybody has a friend who has received an e-mail. This creates a buzz. There is an educational effect."
Nègre is also the president of Olympia, a concert hall built in 1888 in Paris' historical 9th arrondissement.