July 11, 2012 |
Industry veteran Doug Morris, the chief executive of Sony Music Entertainment and founder of Vevo Inc., has issued a threat to Google Inc.: Give us a better rate for our music videos or we'll take them elsewhere. Morris, who launched his music career in the mid-1960s by writing the Chiffons' song "Sweet Talkin' Guy," now is talking tough when it comes to renewing Vevo's contract to distribute its videos on Google's YouTube when the deal expires at the end of the year. That's a serious threat given that Vevo - which features videos of Katy Perry, Justin Bieber, Rihanna and about 11,000 other artists - is YouTube's most popular channel, according to ComScore Inc. In May, Vevo's videos generated 617.8 million views on the site, which Google acquired in 2006 for $1.65 billion.
March 3, 2011 |
Doug Morris has been named the new chief executive of Sony Music Entertainment, an appointment that was widely expected when Morris last year said he would step down as head of Universal Music Group at the end of 2010. Morris, 72, will succeed Rolf Schmidt-Holz on July 1, and Schmidt-Holz will exit Sony at the end of the month, when his contract expires. In the interim, Sony Corp. Chairman Howard Stringer will helm the music company. In a high-level corporate talent swap, a number of Sony executives are expected to move to Universal over the next few months, including Barry Weiss, the chairman of Sony's RCA/Jive Label Group, who is expected to lead Universal's operations in New York.
October 13, 2002 |
As the head of the world's largest record company, Universal Music Group Chairman Doug Morris could spend all morning hobnobbing with the power-breakfast crowd at the Peninsula Hotel. Here comes Dave Glew now, Epic Records Group chairman and Morris' old friend. "Dave, you're looking great. Everything OK?" Morris, in town from New York for the week, could be talking about his latest successes: the mounting sales of the Eminem album or the critical back flips over the new Beck CD.
June 24, 1998 |
One day after signing an agreement to buy PolyGram for $10.4 billion, Seagram Co. designated Doug Morris the future head of the combined music entity--the largest record company in the world. Morris, a former songwriter and highly regarded industry veteran, will take over as chairman and chief executive of the record giant, to be named Universal Music Group, following approval of the deal by government regulators--a process that could take five months or more.
May 30, 1998 |
Doug Morris is expected to be tapped soon to oversee Seagram Co.'s new global music operations in the wake of its $10.6-billion deal to purchase music giant PolyGram, sources said. The company has yet to make a formal announcement. Morris has been chairman of Seagram's Universal Music Group since 1995 and is credited with transforming the once-dormant record division into a domestic rock powerhouse with the addition of his own Universal label and Interscope Records.
November 26, 1997 |
Less than two years ago, music veteran Doug Morris launched a tiny New York label with a unique management philosophy. Morris, 57, who had just been fired as domestic chief of Time Warner's music division, decided to build a record company with a diverse, multicultural staff and executive team. The label was financed by Seagram, which later hired Morris to run its global music division.