BNET Industries
- Private
- US
Dow Jones Description
Sony BMG Music Entertainment formed in 2004 when Sony Music Entertainment and Bertelsmann Music Group merged.
Chief Executive Officer
Rolf Schmidt-HoltzPeer Companies
NAICS Code Integrated Record Production/Distribution: 512220
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News & Analysis
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bertelsmann music group and sony bmg music entertainment - All News and Analysis
EU gives green light to Sony-BMG music tie-up, again
- 2007-10-03
BRUSSELS AFP — EU competition regulators gave Wednesday a new green light to a recorded music joint venture between Sony Music and Germany's BMG, after a court ordered a reassessment of the merger. The European Commission decided that the creation of Sony BMG "would not create or strengthen a...
EU to reconsider Sony-BMG music merger after court defeat
- 2006-07-13
BRUSSELS AFP — The European Union's second-highest court has thrown out a European Commission approval of the mega music merger that created Sony BMG, forcing EU competition regulators to reconsider the deal. The EU's Court of First Instance said that EU regulators' examination of the deal for competition risks...
Lack is determined to be more than a music man
- 2005-06-13
NEW YORK -- Sony BMG Music Entertainment CEO Andrew Lack has seen the future of music: It's video. Nearly a year ago, he fused Sony Music with the Bertelsmann Music Group BMG in a 50-50 venture that's the No. 2 music company in the world with about 25% of...
SONY MUSIC ENTERTAINMENT & BMG UNITE TO CREATE SONY BMG MUSIC ENTERTAINMENT.
- 2004-08-06
(Full text of this release can be found at http:/www.asianetnews.net) (Full text of this release can be found at http:/www.asianetnews.net)
US gives okay to Sony, BMG music merger
- 2004-07-29
WASHINGTON AFP ? The US Federal Trade Commission cleared the way for the creation of the world's biggest music company by allowing the merger of the music businesses of Japanese group Sony and Germany's Bertelsmann Music Group. In a letter to both companies, the FTC said it had closed...
Sony confirms EU approval of merger with Bertelsmann
- 2004-07-20
TOKYO AFP ? Sony confirmed that the European Commission had unconditionally approved its planned merger with the music arm of Germany's Bertelsmann, saying the tie-up would create the world's second largest music group after Universal Music. "We appreciate the European Commission's diligence in reviewing all of the various aspects...
Sony Music, BMG merger gets approval.
- 2004-07-20
By Phyllis Furman, Daily News, New York Knight Ridder/Tribune Business News By Phyllis Furman, Daily News, New York Knight Ridder/Tribune Business News
Bertelsmann, Sony set to seal merger of music divisions
- 2003-12-12
GUETERSLOH, Germany AFP ? German media conglomerate Bertelsmann and the Japanese electronics giant Sony were set to announce a binding agreement on their merger, sources close to both companies said. The deal, one of the biggest in the music industry, will bring Sony artists such as Bruce Springsteen, Aerosmith...
Report turns up the volume on ringtones.(By the Numbers)(Brief Article)
- 2003-08-15
Real music ringtones will be the catalyst for music companies such as BMG, Sony Music, EMI, Warner Chappell and Universal to become more actively involved in the ringtone value chain, according to Strategy Analytics' report "Real Music Ringtones: Changing Dynamics In The $4 Billion Ringtone Market."...
Let the music tracks play.(Brief Article)
- 2000-04-17
Sony, BMG are first to unveil plans for selling single downloads online The major record labels are finally making their moves into selling downloads of music tracks on the Internet. Sony plans to start the practice next week in a limited...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Rolf Schmidt-Holtz | Chief Executive Officer |
| Kevin Kelleher | Executive Vice President and Chief Financial Officer |
| Tim Bowen | Chief Operating Officer |
| Tim Prescott | Executive Vice President & Chief Marketing Officer |
| J.J. Rosen | Executive Vice President, Commercial Music Group |
| Michael Paull | Executive Vice President, Global Digital Business |
| Stuart Bondell | Executive Vice President, Business |
| Thomas Gewecke | Executive Vice President, Global Digital Business |
| Danny Wynn | Senior Vice President, Business & Legal Affairs |
| Larry Kanusher | Senior Vice President, Business & Legal Affairs |
| Kyle Sherwin | Vice President, Media |
| David Levin | Senior Vice President & Business Manager, Sales |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Andrew Lack | Chairman |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Chief Executive Officer | Current |
| Bertelsmann AG | Board of Directors | Current |
| Universal Music Publishing Group | Board of Directors | Current |
| Bertelsmann AG | Chief Creative Officer | Former |
| Sony BMG Music Entertainment | Chairman | Former |
| Bertelsmann AG | Executive Board | Former |
Kevin Kelleher was named Executive Vice President and Chief Financial Officer of SONY BMG MUSIC ENTERTAINMENT at the company's formation in August of 2004. SONY BMG MUSIC ENTERTAINMENT is a joint venture comprising the recorded music businesses of Sony Corporation of America and Bertelsmann AG. In this role Mr. Kelleher is responsible for overseeing the music company's worldwide financial and information technology operations. From 1999 to 2004, Mr. Kelleher served as Executive Vice President and Chief Financial Officer, Sony Music Entertainment. From 1994 to 1999 he was Senior Vice President and Chief Financial Officer. He joined Sony Music in 1992 as Senior Vice President and Controller, Sony Music Entertainment. Prior to joining Sony Music Entertainment Mr. Kelleher was a partner in the Media/Entertainment Group of Price Waterhouse. He has extensive experience in the entertainment industry, having worked with an array of clients including cable operators and networks, radio and television broadcasters, and production and music companies. Mr. Kelleher, who is a certified public accountant, graduated from Middlebury College with a Bachelor of Arts degree in Economics and holds an MBA in finance/accounting from Rutgers Graduate School of Management.
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Executive Vice President and Chief Financial Officer | Current |
| Sony Corporation of America | Current | |
| Bertelsmann AG | Current | |
| Sony Music Entertainment | Executive Vice President and Chief Financial Officer | Former |
| Sony BMG Music Entertainment | Executive Vice President | Former |
| Rutgers Graduate School of Management | Mba In Finance, Accounting | Former |
| Middlebury College | Bachelor of Arts Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Chief Operating Officer | Current |
| Universal Music International | Executive Vice President | Former |
| Sony Corporation | Head of Publishing | Former |
| Sony Corporation | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Executive Vice President & Chief Marketing Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Executive Vice President, Commercial Music Group | Current |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Executive Vice President, Global Digital Business | Current |
| Fox Entertainment Group, Inc. | Senior Vice President, Corporate Development and Strategy, Fox Mobile Entertainment & Jamba | Former |
| Sony Pictures Entertainment | Senior Vice President, Digital Services and Distribution | Former |
| Sony Pictures Entertainment | Vice President, Business Development | Former |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Executive Vice President, Business | Current |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Executive Vice President, Global Digital Business | Current |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Senior Vice President, Business & Legal Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Senior Vice President, Business & Legal Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Vice President, Media | Current |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Senior Vice President & Business Manager, Sales | Current |
| Sony BMG Music Entertainment | Vice President, Digital Sales & New Sales Initiatives, Global Digital Business Unit | Former |
| Rutgers University Graduate School of Management | MBA | Former |
| Rutgers University | B.A., Sociology | Former |
| Organization | Position | Status |
|---|---|---|
| Sony BMG Music Entertainment | Chairman | Current |
| Sony BMG Music Entertainment | Chief Executive Officer | Former |
| NBC Universal, Inc. | President & Chief Operating Officer | Former |
| CBS News Division | Executive Producer | Former |
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