Nat Schindler says on-demand service is "five years too late"
Columbia Records chairman and CEO Rob Stringer has been named chief executive officer of Sony Music Entertainment, it was announced on Oct. 18. He will report to Michael Lynton, CEO of Sony Entertainment. Current SME CEO Doug Morris will transition to the role of Chairman in April 2017.
” Columbia Records chairman and CEO Rob Stringer has been named chief executive officer of Sony Music Entertainment, it was announced on Oct. 18. He will report to Michael Lynton, CEO of Sony Entertainment. Current SME CEO Doug Morris will transition to the role of Chairman in April 2017.
A veteran of the company, the well-liked executive had been rumored to take the throne for the past several months as negotiations have been ongoing. Columbia has had a tremendous run in recent years, with Morris and co. increasing Sony Music’s market share and profitability to become “the second largest music company in the world,” the statement announcing Stringer’s appointment reads.
[…] “Rob Stringer is one of the most skilled and successful executives in the music industry,” said Lynton. “His efforts and achievements at Columbia have contributed immeasurably to the overall strength of Sony Music worldwide. Not only is he a tremendous developer of talent and nurturer of stars who has overseen numerous massive hits, but also he is an innovator who understands how to grow revenue and market share in the rapidly changing music business. His ability to adapt to meet the needs of artists and fans in a dynamic marketplace that mixes digital audio, visual media and physical goods makes him the perfect fit to head the company moving forward. I am thrilled to have him leading Sony Music’s next chapter.”
Sony/ATV Music Publishing has named Brian Monaco to the new position of President, Global Chief Marketing Officer.
” Sony/ATV Music Publishing has named Brian Monaco to the new position of President, Global Chief Marketing Officer.
Monaco, whose former title was Sony/ATV’s executive VP, worldwide head of advertising, film, and television, will continue to oversee the publishing company’s synchronization department for commercial music from New York, but will now have a greater emphasis on developing business efforts outside the U.S. He will continue to report to Sony/ATV Chairman and CEO Martin Bandier.
[…] Monaco, who joined Sony/ATV in July 2012 as Executive VP, Commercial Music Group following the acquisition of EMI Music Publishing by a consortium led by Sony/ATV, says the company is still reviewing what changes, if any, will be made to his department to compensate for his added duties. “
Since the 1999 launch of Napster's music-sharing platform, the music industry has been in near-constant turmoil, with dipping revenues, lack of transparency,..
” Since the 1999 launch of Napster’s music-sharing platform, the music industry has been in near-constant turmoil, its timeline marked with dipping revenues, lack of transparency, piracy problems and feuds over the fair distribution of dividends.
Music companies hate streaming services. Streaming services hate file-sharing services. And, most of all, artists and content creators hate virtually everyone else for making huge sums off their toil and feeding them the crumbs.
[…] At its core, the blockchain is a distributed ledger that can validate and register transactions without the need for a central authority. No one owns the ledger — it’s spread across the nodes that constitute its network and is publicly available to everyone
[…] In the music industry, the blockchain could transform publishing, monetization and the relationship of artists with their communities of fans”
[…] a transparent system would generate much more revenue and create more opportunities”
Music Week brings you the latest publishing news from across the industry.
” The US elections will take place on November 8, 2016. On that day, US citizens will not only elect a new President of the United States but also renew Congress, as a total of 34 Senate seats (out of 100) and all 435 House of Representatives seats are up for election.
Music Week asked music industry professionals two questions: 1) What would be the three main copyright-related issues that you’d like to see fixed by the next President/Congress? And 2) And what is the likelihood that these issues will indeed be fixed during the next four years? Here are their answers”
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