Marot in management move after quitting Music3W role.

Marc Marot has confirmed a move into artist management following his departure from Music3W last year by taking on Richard Ashcroft and Paul Oakenfold.

Although the former Universal-Island managing director has retained his shareholding in the Music3W portal and his advisory roles at Clickmusic, iCrunch and Wastedmusic, he says he is returning to his true passion of A&R. "I'm an A&R man and have been for the past 19 years of my life. As last year progressed I realised I was missing involvement with the music -- it's where my heart is," he says.

Meanwhile, Music3W -- now led by former Rolling Stones business manager Andrew Wilkinson -- has joined the dotcom cutback trend in an effort to reduce overheads and speed its path to profitability as it seeks second-round funding. Staff and ...