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.
December 23, 2010
Matt Damon has been in Chicago working on "Contagion," the pandemic thriller directed by Steven Soderbergh, and the actor said he's consciously tried to enjoy the experience because he doubts that he will have many more chances to work with the filmmaker. "He's retiring, he's been talking about it for years and it's getting closer," Damon said of Soderbergh, whose credits include "Erin Brockovich," "Ocean's Eleven," "The Informant" and "Sex, Lies, and Videotape. " Soderbergh turns 48 next month.
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.
January 11, 2010 |
With the exception of James Dean, who made only three films, there might be no pop-culture icon who has done more with less than the late Jimi Hendrix. The ultimate guitar hero released just three studio albums before his death in 1970, but new generations of music fans keep plugging into his amplified legacy. The volume of Hendrix's music is about to get turned up. Today, the Hendrix estate and Sony Music Entertainment will announce the March 9 release of a "new" Hendrix album, "Valleys of Neptune," which will feature a dozen unreleased recordings.
September 19, 2009 |
A Los Angeles Superior Court judge has approved a deal with Sony Music Entertainment to allow the soundtrack for the Michael Jackson movie "This Is It" to be released at the same time as the theatrical roll-out of the film. The move enables Sony and the superstar's estate to cash in on some synergistic marketing at a time when demand for Jackson-related properties remains high. In court documents, special administrators for Jackson's estate John Branca and John McClain had argued the deal would provide the estate with "an immediate and substantial cash advance from Sony."
August 11, 2009 |
Sony Pictures Entertainment received court approval to bring Michael Jackson to the big screen, and it set a release date on what just may be the toughest weekend of the year at the U.S. box office. The court's authorization, announced Monday in Probate Court by Los Angeles County Superior Court Judge Mitchell Beckloff, allows them to edit more than 80 hours of rehearsal and behind-the-scenes footage into a movie. The deal was negotiated last month by Sony Pictures and its sibling unit, Sony Music Entertainment, with the Michael Jackson Estate and AEG Live, producer of the late singer's planned London concert series.