Advertisement
YOU ARE HERE: LAT HomeCollectionsSony Bmg
IN THE NEWS

Sony Bmg

FEATURED ARTICLES
BUSINESS
July 11, 2008 | From Bloomberg News
Sony BMG Music Entertainment has leased Creative Artists Agency Inc.'s former Beverly Hills headquarters, an I.M. Pei building that has a mural by Roy Lichtenstein in its 57-foot-high atrium. The group, a venture of Sony Corp. and Bertelsmann, will move in by the end of the year, Michael Ovitz, a founder of the Hollywood talent agency and building owner, said this week at the Allen & Co. conference in Sun Valley, Idaho. Sony BMG spokesman John McKay declined to comment.
ARTICLES BY DATE
BUSINESS
March 22, 2012 | By Ben Fritz and Alex Pham, Los Angeles Times
Sony Corp. is tapping its Hollywood studio chief, Michael Lynton, as its top entertainment executive in the U.S., the latest development in a well-orchestrated succession plan atop the Japanese electronics and media giant. Lynton will soon be named chief executive of Sony Corp. of America, a role that adds oversight of the company's music sales and publishing businesses to his purview, according to people briefed on the matter but not authorized to speak publicly. He will continue to run movie and television studio Sony Pictures Entertainment in Culver City, although Sony's American unit is headquartered in New York.
Advertisement
BUSINESS
December 20, 2006 | From the Associated Press
Sony BMG Music Entertainment will pay $1.5 million and kick in thousands more in customer refunds to settle lawsuits brought by California and Texas over music CDs that installed a hidden anti-piracy program on consumers' computers. Not only did the program itself open up a security hole on computers, but the method Sony BMG originally recommended for removing the software also damaged computers.
BUSINESS
January 30, 2009 | Alex Pham
With the consumer electronics industry's eyes on him, Sony Corp. Chief Executive Howard Stringer was trying to show how the Japanese company planned to return to its past glory. But, as he has found often during his time running Sony, the talent won't always follow the script. Tom Hanks was invited to spice up Stringer's presentation at this month's Consumer Electronics Show in Las Vegas.
BUSINESS
January 31, 2007 | From the Associated Press
U.S. regulators said Tuesday that Sony BMG Music Entertainment agreed to reimburse consumers as much as $150 for damage to their computers from compact discs with hidden anti-piracy software. According to the Federal Trade Commission, which announced the settlement, Sony BMG's anti-piracy software limited the devices on which music could be played to those made by Sony Corp., Microsoft Corp. or other Windows-compatible devices.
BUSINESS
February 10, 2006 | Charles Duhigg, Times Staff Writer
Sony BMG Music Entertainment is expected to name Tim Bowen as chief operating officer, part of an effort to help heal a rift at the joint venture of Japan's Sony Corp. and Germany's Bertelsmann, said sources within the company who did not want to be identified as negotiations were underway. Bowen, who currently oversees much of Sony BMG's non-U.S. operations, would succeed Michael Smellie, whose departure last year set off a power struggle at the company.
BUSINESS
November 11, 2005 | From Reuters
A computer security firm said it had discovered the first virus that used music publisher Sony BMG's controversial CD copy-protection software to hide on PCs and wreak havoc. Under a subject line containing the words "Photo approval," a hacker has mass-mailed the so-called Stinx-E Trojan virus to British e-mail addresses, said British anti-virus firm Sophos. When recipients click on an attachment, they install malware, which may tear down a computer's firewall and give hackers access to a PC.
BUSINESS
May 25, 2006 | From Bloomberg News
Sony BMG Music Entertainment Inc. won a ruling that it didn't illegally use a songwriter's voice and name when it included a 10-second sample of one of her songs on an album by Jennifer Lopez. The 9th U.S. Circuit Court of Appeals in San Francisco said federal copyright law preempted singer Debra Laws' lawsuit over the use of her work in the song "All I Have" by Lopez and rapper LL Cool J.
BUSINESS
January 7, 2006 | Charles Duhigg, Times Staff Writer
Sony BMG Music Entertainment fired 61 people Friday, completing a downsizing that began with the 2004 deal that created the second-largest U.S. music company. The joint venture of Sony Corp. of Japan and Bertelsmann of Germany has more than 6,000 employees. Sony BMG confirmed that 42 employees would leave the company as a final element of its restructuring.
BUSINESS
February 8, 2006 | Charles Duhigg, Times Staff Writer
The nation's second-largest music company, Sony BMG, is close to resolving a four-month leadership dispute by swapping the roles of the company's top executives, sources said Tuesday. Under the agreement, which is still being negotiated, Chief Executive Andrew Lack would become Sony BMG's nonexecutive chairman, and Chairman Rolf Schmidt-Holtz would assume the CEO post.
BUSINESS
October 14, 2008 | Ryan Nakashima, The Associated Press
Now that Sony Corp. and Bertelsmann have broken off their troubled relationship, known as Sony BMG, the Japanese company hopes to harmonize its consumer electronics and its music, a duo that has been badly out of sync. The music business combination four years ago made Sony BMG the world's No. 2 record label, generating savings and preempting other industry consolidation. But the venture's cost-cutting didn't keep pace with falling CD sales, and the two companies' digital strategies didn't mesh.
ENTERTAINMENT
August 7, 2008 | From the Associated Press
Thanks to technology, Carrie Underwood, Martina McBride and LeAnn Rimes will be among the country stars performing with the king of rock 'n' roll on "Elvis Presley Christmas Duets." The new album, due out Oct. 14, will also feature Gretchen Wilson, Wynonna Judd, Sara Evans, Amy Grant and Anne Murray. Sony BMG is releasing the disc in partnership with Elvis Presley Enterprises Inc. They say it's the late icon's first duets album and the first Christmas compilation of its kind. While Presley only recorded 20 Christmas songs, his holiday albums have sold more than 25 million copies in the U.S. alone.
BUSINESS
August 6, 2008 | Swati Pandey, Times Staff Writer
Sony Corp., upping its investment in music despite the industry's systemic decline, is buying the 50% it doesn't already own in Sony BMG from partner Bertelsmann for a total of $900 million. The move allows German media giant Bertelsmann to continue its restructuring while at the same time positioning Japanese consumer electronics and entertainment company Sony to more easily deploy music content over emerging platforms such as cellphones and video games.
ENTERTAINMENT
August 2, 2008 | From the Associated Press
Louis Vuitton and Sony BMG have reached a settlement over musicians' use of Louis Vuitton logos and other trademarked property, the luxury goods company says. Louis Vuitton has filed multiple lawsuits in Paris against Sony over the last five years, saying artists such as Da Brat, Britney Spears and Ruben Studdard have improperly used Louis Vuitton intellectual property in their CDs, DVDs and other products. Under the terms of the settlement, Sony will pay Louis Vuitton about $150,000 in a dispute involving Da Brat and Spears.
BUSINESS
July 11, 2008 | From Bloomberg News
Sony BMG Music Entertainment has leased Creative Artists Agency Inc.'s former Beverly Hills headquarters, an I.M. Pei building that has a mural by Roy Lichtenstein in its 57-foot-high atrium. The group, a venture of Sony Corp. and Bertelsmann, will move in by the end of the year, Michael Ovitz, a founder of the Hollywood talent agency and building owner, said this week at the Allen & Co. conference in Sun Valley, Idaho. Sony BMG spokesman John McKay declined to comment.
BUSINESS
January 11, 2008 | From Bloomberg News
Sony BMG Music Entertainment plans to sell digital music without copyright protection through Amazon.com Inc., stepping up competition between the Internet retailer and Apple Inc.'s iTunes. Sony BMG is the last of the four major record companies to sell music without piracy protection through Amazon.com, the world's largest online retailer.
BUSINESS
June 2, 2006 | Charles Duhigg, Times Staff Writer
Only months after resolving a bitter battle over the company's top executive slot, Sony BMG Music Entertainment announced Thursday the departure of two of its senior-most executives. Don Ienner, an 18-year veteran of the company, stepped down as chairman of Sony Music Label Group U.S. less than three months after being promoted to the position. Michele Anthony, who joined Sony Music in 1990, resigned as president and chief operating officer. Company insiders said the two were forced out.
BUSINESS
October 4, 2007 | From the Associated Press
brussels -- The European Commission gave Sony Corp. and Bertelsmann unconditional clearance Wednesday to combine their music units, concluding that the deal, originally approved in 2004, was not monopolistic. The European Union's executive arm approved the deal a second time after a court ripped up the original over antitrust concerns and told regulators to reexamine it.
BUSINESS
October 4, 2007 | From the Associated Press
brussels -- The European Commission gave Sony Corp. and Bertelsmann unconditional clearance Wednesday to combine their music units, concluding that the deal, originally approved in 2004, was not monopolistic. The European Union's executive arm approved the deal a second time after a court ripped up the original over antitrust concerns and told regulators to reexamine it.
BUSINESS
July 12, 2007 | From the Associated Press
Sony BMG Music Entertainment is suing a company that developed anti-piracy software for CDs, claiming the technology was defective and cost the record company millions of dollars to settle consumer complaints and government investigations. Sony BMG filed a summons in a New York state court against Amergence Group Inc., formerly SunnComm International, which developed the MediaMax CD copy-protection technology.
Los Angeles Times Articles
|