March 28, 1996 |
Thomas D. Mottola has been given the green light to usher Sony Music Entertainment into the 21st century. Mottola signed a five-year, multimillion-dollar contract this week with Sony Inc. to continue running the Japanese entertainment conglomerate's most profitable division. The move, which comes just four months after Sony President Nobuyuki Idei ousted Mottola's former boss Michael P. Schulhof, sends a signal to competitors that the Japanese conglomerate is pleased with Mottola's performance.
December 2, 2005 |
Sony Music is expected to announce shortly a shake-up at two of its largest labels that will include the departure of the head of its Columbia Records unit. The changes were confirmed by three company executives. They said Will Botwin would be replaced at Columbia by Steve Barnett, who would move over from Sony's Epic Records label. Charlie Walk, executive vice president of creative marketing and promotion at Columbia, would head Epic.
March 28, 2003 |
Sony Music's anticipated promotion of Columbia Records Group Chairman Don Ienner to a newly created post as chief of its U.S. operations is the top line in an executive shake-up that insiders are calling the most extensive since 1988, when Sony Corp. entered the music business with its $2-billion purchase of CBS Records. The shift also means the exit of some longtime Sony managers, including David Glew, who will retire from his post as chairman of Epic Records Group.
January 11, 1994
Sony Music Entertainment President Thomas D. Mottola announced a batch of appointments Monday aimed at rewarding his team of senior executives with bigger titles and responsibilities as well as accelerating the development of Sony's worldwide music companies. Key among the changes will be elevating three Sony presidents to chairmen of their respective units.
April 11, 2003 |
Rock band Incubus signed a lucrative new pact with Sony Music Entertainment Inc. on Thursday, according to industry sources, ending a two-month legal battle that cast a spotlight on some of the record industry's more controversial compensation practices. The Calabasas band in February asked a court for a release from a 1996 record contract, claiming the deal underpaid it. Sony countersued, saying the band owed four albums and had gone to court as a negotiating ploy.
March 20, 2006 |
Sony BMG Music Entertainment said Sunday that it had appointed Tim Bowen as chief operating officer. Bowen previously oversaw much of the non-U.S. operations of Sony BMG, the nation's second-largest music company. The appointment of a new COO had been expected since last month, when Sony BMG's uppermost ranks were shuffled after a leadership crisis.
December 22, 1996 |
Hey U2! Hey Offspring! Hate to be a Grinch, but you guys better watch out--the pressure's on. Can U2's new, still untitled album, due March 4, avoid the sales stumble suffered recently by its American counterpart R.E.M.? R.E.M.'s "New Adventures in Hi-Fi" has sold just 738,000 since being released in September. (U2's last album, 1993's "Zooropa," has sold 2.1 million copies to date.
October 13, 1994 |
No one expected pop star Michael Bolton to use his platinum pipes at the Villa Nova restaurant in Newport Beach Monday night. His publicist said he wouldn't.