Sony BMG Music Entertainment, Inc.
Type Joint venture
Founded August 5, 2004
Headquarters New York City, USA Key people
Andrew Lack - Chairman of the Board of Directors
Rolf Schmidt-Holtz - Chief Executive Officer
Tim Bowen - Chief Operating Officer
Kevin Kelleher - Executive Vice President/Chief Financial Officer
Industry Music & Entertainment
Products Music & Entertainment
Parent Sony Corporation (50%)
Bertelsmann AG (50%)
Website www.sonybmg.com Sony BMG Music Entertainment, Inc. is the result of a 50/50 joint venture between Sony Music Entertainment (part of Sony) and BMG Entertainment (part of Bertelsmann) completed on August 5, 2004. It is one of the Big Four music companies, and includes ownership and distribution of recording labels such as Arista Records, Columbia Records, Epic Records, J Records, RCA Victor Records, RCA Records, Legacy Recordings, Sonic Wave America, and others. Financial analysts covering the merger anticipated that up to 2000 jobs could be cut as a result, saving Sony BMG approximately $350 million annually. The company's Chief Executive Officer (CEO) is Rolf Schmidt-Holtz, who succeeded Andrew Lack on February 10, 2006. In the first half of 2005, the company's share of new releases in the United States (US) declined from 33% to 26% according to Nielsen SoundScan. This, and Lack's negotiation of what some called an "ill-conceived" deal with Bruce Springsteen led to Bertelsmann informing Sony that it would not renew Lack's contract. Lack now holds the position of Chairman of the Board, the position formerly occupied by Schmidt-Holz. The company recently signed a content deal with the popular video sharing community YouTube.
http://www.answers.com/topic/sony-bmg Sony Records is a label under Columbia Records and Columbia Records is owned by Sony BMG.
At the time of writing RCA records is owned by Sony Music Entertainment.
Apple Records owns the rights to the Beatle recordings. However, Apple must pay a licensing fee to the music publisher (Sony, Jackson estate, etc.) for the right to use Lennon-McCartney compositions. Out of that money, Paul and John's estate are paid their royalties. Very complicated arrangement.
MIchael Jackson
La Reid
Colombia
The Apple records building was at 3 Savile Row in Mayfair.
Apple Records was created in 1968.
Apple
He owns an apple
Apple Records is a record label founded by The Beatles in 1968 as a division of Apple Corps Ltd.. EMI and Capitol Records agreed to distribute Apple Records until 1975. Apple owned the rights to records by artists they signed, while EMI retained ownership of the Beatles' records and solo Beatles.
There is none. Apple Records is a division of Apple Corps Ltd., which is a privately-owned company.
your apple it is in your garden
iTunes is owned by Apple :)
Father attempting to get own records
Apple
goverment
Tim Cook is the current CEO of Apple.
Apple Records owns the rights to the Beatle recordings. However, Apple must pay a licensing fee to the music publisher (Sony, Jackson estate, etc.) for the right to use Lennon-McCartney compositions. Out of that money, Paul and John's estate are paid their royalties. Very complicated arrangement.