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HITS Daily Double

IB on Platt, Faxon

A FLUID SITUATION: In his upcoming column, posting Friday, I.B. Bad writes: Rumors are swirling that Big Jon Platt is about to leave EMI Music Publishing, though there are two different theories as to why he’s supposedly making the move. Some believe he’s headed to Sony/ATV, rejoining his mentor Marty Bandier, while others say his allegiance is to his present boss Roger Faxon, who has asked Platt to join him at WMG. In this scenario, which appears to be gaining traction, Faxon would replace CEO Stephen Cooper, who was brought in short-term by Len Blavatnik to crunch the numbers for his newly acquired company. Many believe the Faxon-to-Warner move would be a good fit, with Faxon’s business acumen complementing Lyor Cohen’s record-man expertise. (5/30a)