June 3, 2012 |
Of all people, it was an over-the-top rapper named Riff Raff who recently shared an insight that typified the state of music halfway through 2012, a year that has already seen revelation after revelation from many corners of the pop music spectrum. The tattooed white rapper with gold teeth, many crooked tattoos and an obviously concocted street patois (the rapper is originally from Minnesota), would have been considered a black-face performer a century ago, but today he explains that his outlandish approach to music is really all about branding.
May 27, 2011 |
Declining home entertainment revenue and the box-office failure of the costly comedy "How Do You Know" drove Sony Pictures' revenue down 8% in the recently ended fiscal year. However, improvements in the studio's television business kept operating income roughly flat. Mixed news for Sony Pictures came amid other bad news for Japanese parent company Sony Corp., which had to take a huge charge tied to the Japan earthquake in the fiscal year that ended March 31 and will be hurt in its current year by the hacking-induced shutdown of its online networks.
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.
August 4, 2010 |
With attention still fixated on the identity of the new judges on Fox's "American Idol," producers Tuesday sent another signal that they're taking the show in a new direction by announcing a recording distribution deal with Universal Music Group, ending a long relationship with Sony Music. Under the agreement, UMG's Interscope Geffen A&M Records will distribute, promote and market albums from "Idol" finalists and winners starting next year when the show's 10th season launches. Sony's deal expired after the ninth season ended in May. Few details were announced, including the cost of the contract, but if UMG's deal is similar to the one Sony had, the company will have right of first refusal for the final 12 contestants on "American Idol."
CALIFORNIA | LOCAL
May 12, 2010 |
Bob Mercer, a music industry executive who was managing director of EMI Music in Britain in the 1970s and most recently was chief executive of the "Now That's What I Call Music!" venture that releases a bestselling series of hit-single compilation albums, has died. He was 65. Mercer died of lung cancer May 5 at Cedars-Sinai Medical Center in Los Angeles, said his wife, Margie. As chief executive of "Now That's What I Call Music!," Mercer presided over an enterprise that has sold 77 million albums in the United States since its debut in 1998.
March 16, 2010 |
Administrators of Michael Jackson's estate and his longtime record label, Sony Music Entertainment, Monday announced a seven-year distribution deal for as many as 10 new Jackson projects, including unreleased recordings, DVDs and perhaps even video games, valued at as much as $250 million. "We and Sony feel that the future for Michael Jackson is unlimited," said John Branca, a special administrator for the estate. Rob Stringer, chairman of the Columbia Epic label group, a division of Sony, described the deal as a landmark for the recording industry.