February 8, 1994 |
After months of speculation that it would recruit a big-name executive, Walt Disney Co. on Monday named a little-known insider to run its languishing Hollywood Records unit. The promotion of Bob Pfeifer, a former Epic Records executive who has been vice president of artists and repertoire at Hollywood since August, is widely viewed in the industry as an interim step. But Pfeifer shrugged off that suggestion, saying, "I'm running the company."
April 17, 1997 |
Underscoring its troubles building a stake in the rock music business, the Walt Disney Co. ousted Bob Pfeifer on Wednesday as president of its beleaguered Hollywood Records division. Pfeifer, a former musician and talent scout, failed to rejuvenate the label since taking charge three years ago following the removal of his predecessor, Peter Paterno. After spending eight years and nearly $100 million, Disney has yet to score a major hit with any of its Hollywood label rock acts.
July 19, 1994 |
Music: More than 20% of the staff at Walt Disney's troubled Hollywood Records were laid off Thursday as part of a move to trim overhead costs, the company confirmed. The 14-worker layoff brings the number of employees to 50. The company said the cuts affected all areas except publicity and artists and repertoire.
August 3, 1993
Much Ado About Sales: Steven Bickel is the new president of international sales and operations for Samuel Goldwyn Co., the company that distributed the hit "Much Ado About Nothing." Bickel for the past two years has consulted for the French bank Banque Paribas in its film financing and foreign distribution business. Theodore C. Newman is the new vice president of human resources/operations at Warner Bros. David Simone has been named senior vice president of business affairs at Capitol Records.
March 7, 1995
After more than a year at the job, Bob Pfeifer has been officially named president of Walt Disney Co.'s Hollywood Records. Pfeifer was made head of the label in February, 1994, following the departure of former President Peter T. Paterno, but in an unusual situation, he has held only an executive vice president title since then. In addition to Pfeifer's promotion, veteran music industry lawyer Richard Leher, who joined Hollywood in June, was named executive vice president.
November 26, 1993
Total album and single sales of CDs and cassettes for the week ended Nov. 21, compared to week-ago and year-ago levels, in millions of units sold: Latest week Albums: 11.32 Singles: 2.28 *Week-ago Albums: 11.11 Singles: 2.33 *Year-ago Albums: 10.59 Singles: 2.06 Atop the Charts Monthly record company market share as of October, based on units sold. This is an indicator of music company performance. MARKET SHARE Total Top-selling Rank Distributor share Albums Singles album 1 WEA 20.11% 20.11% 20.