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
Recent Events
-
August 5, 2008 TUESDAY: Stocks Go Up; GM Stays Loyal
News & Analysis
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sony bmg music entertainment and sony corp. - All News and Analysis
Music retailer Amie Street closes first major label deal
Sony Music’s catalogue will soon be available to buy on indie music retail site Amie Street after the New York-based startup signed its first major label deal. However, Sony will not be using Amie Street’s dynamic pricing model, in which songs start off free but fluctuate in price over...
QTrax signs content deal with Sony
Sony BMG tracks are now available to download via ad-supported download site Qtrax after the firms agreed to a new licensing deal. Sony BMG is the third major label to sign up to the Qtrax service, which allows users to download songs for free. Universal signed up to the...
Latest Apple Rumor: DRM-Free Music Headed from Sony BMG to iTunes
Seth Gilbert submits: In 2006 and 2007, Apple AAPL was one of the torch-bearers in the movement to push record labels to license downloadable copies of their music without digital rights management encryption (DRM). When the fruits of that effort were eventually harvested and the labels decided to go DRM-Free,...
Bertelsmann wants to sell Sony BMG stake to Sony
FRANKFURT AFP — German media group Bertelsmann is in talks with Japanese partner Sony on the sale of Bertelsmann's half in their jointly owned music company Sony BMG, a newspaper said Tuesday. Each has owned half of the music publishing firm since 2004, and Sony has an option to...
KDDI and Sony Introduce the Freedom of Music with 'au x Sony MUSIC PROJECT'
Tokyo, Japan, Oct 19, 2007 - JCN Newswire - KDDI Corporation and Sony Corporation are pleased to announce the 'au x Sony MUSIC PROJECT,' a new service which combines au's 'LISMO' Listen Mobile Service music service with Sony Walkman and 'NETJUKE' HDD stereo system compatibility. 'au x Sony MUSIC PROJECT'...
EU gives green light to Sony-BMG music tie-up, again
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
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...
The Law Firms of Labaton Sucharow & Rudoff LLP and Probstein & Weiner Announce that The Allman Brothers Band and Cheap Trick File Record Industry Class Action Lawsuit Against Sony
NEW YORK -- In a Class Action Lawsuit filed today by Labaton Sucharow & Rudoff LLP and Probstein & Weiner, The Allman Brothers Band and Cheap Trick allege on behalf of themselves and other class members that Sony Music is not paying its recording artists 50% of the net licensing...
Sony sounds out new partners.
Oct 20, 2005 (Professional Marketing - ABIX via COMTEX) -- Sony BMG now generates around three per cent of its Australian sales from digital music, according to Gavin Parry. Parry, manager, ...
Lack is determined to be more than a music man
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...
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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