December 30, 1999 |
Bertelsmann Music Group confirmed that it has resolved its legal clash with 'N Sync and will allow the pop group to release its next album on Zomba Group's Jive Records. Three months ago, the German entertainment conglomerate sued Zomba chief Clive Calder, accusing him of trying to poach 'N Sync from the BMG-owned RCA label with an improper contract offer. The dispute threatened to rupture BMG's distribution deal with Zomba, which was set to run out in January.
January 9, 2001 |
The exodus of executives at Bertelsmann Music Group continued Monday, with technology head Kevin Conroy and Chief Financial Officer Tom McIntyre leaving the company. The moves follow the unexpected departures in November of Chief Executive Strauss Zelnick and Chairman Michael Dornemann, who were forced out in a power struggle and replaced by BMG veteran Rudi Gassner.
March 10, 2004 |
In a far-reaching reorganization, Bertelsmann is expected to shrink its Arista Records label and consolidate the back-office operations of its North American music division under new domestic chief Clive Davis, sources said. As part of the move, the vast majority of Arista's approximately 175 employees will be let go, sources said.
November 16, 1999 |
Bertelsmann Music Group is considering naming LaFace Records co-founder Antonio "L.A." Reid president of its Arista Records division, home to such acts as Santana and Whitney Houston, sources say. The move comes as the German record conglomerate is in talks to buy the rest of Reid's LaFace label and is negotiating a new contract with Arista founder Clive Davis, whose deal expires in June. Davis has been running Arista without a successor since he sold his label to BMG in the early 1990s.
June 2, 2001 |
Bertelsmann Music Group will lose a big chunk of its North American business in September when the German conglomerate loses its Canadian distribution deal with Zomba Music Group, home to such pop stars as Britney Spears, 'N Sync and the Backstreet Boys. Bertelsmann, which has relied on Zomba recordings to prop up its market share in Canada for nearly a decade, was told recently by the New York-based Zomba that it would not renew its deal.
May 7, 2001 |
Bertelsmann's chief executive has ruled out selling the German media group's recorded music division after a merger plan with EMI Group collapsed, a newspaper reported. "There will be no sale of BMG," Thomas Middelhoff was quoted as saying in the weekend edition of Germany's Sueddeutsche Zeitung.
July 9, 1997 |
Hilary Rosen has been promoted to chief executive of the Recording Industry Assn. of America, the Washington-based trade group that represents the nation's largest record conglomerates. Rosen, the first woman to assume such a powerful position at the trade group, is highly regarded among competing record chiefs for her front-line role in the organization's recent anti-drug and anti-censorship efforts.