More Exec Shuffling at Sony Music; Gatfield Named Head of U.K. & Rhone Rumored to Revive Portrait
Sylvia Rhone reviving label at Sony?
A number of high-level executive moves at the changing Sony Music structure have shaken out this week, the first on the job for new CEO Doug Morris. We tipped the hotly pursued deal with hit producer/songwriter Dr. Luke for an expanded label mimicking Interscope last week, while this week began with the official naming of Antonio L.A. Reid as CEO and chairman of Epic Records, news that was widely reported in the previous weeks. Assigning of current acts on the Sony roster to Reid’s new domain has already begun, along with new signings underway – it’s also expected that contestants from the X-Factor series will be developed by Epic – Reid is serving as a judge on the American version of the show. On the international front, which is said to be a major focus for Morris, came the revelation yesterday that Nick Gatfield will be taking over Sony’s U.K. operations, replacing outgoing CEO Ged Doherty. Gatfield previously served as head of Universal’s Island Records U.K. from 2001 to 2008 and held an international A&R executive title at EMI until leaving last year. The move to replace Doherty is being deemed as sudden by some, however it seems more likely that Morris was pulling strings well before officially taking his new title. After departing EMI in 2010 toward the end of the troublesome Guy Hands era, Gatfield was believed to likely end up back in the Universal Music fold, under the incoming CEO Lucian Grainge, whom he worked closely with at Island, however it never came to pass. He was also said to have been in talks with Sony late last summer, but a deal was never reached. Then back in February of this year, Gatfield was hired on at Sony U.K. with the somewhat vague title of President/New Music, reporting to Doherty, who he has now replaced. Richard Sanders, the head of Sony Music Interational based in New York, is also out… According to reports, one of the main functions for Gatfield in his new role, will be to maintain relationships with Simon Cowell and his operations under Syco, which Sony owns a 50% stake in… An abutting storyline to the current UMG and Sony rivalry that has some observers intrigued, is the lawsuit filed this week involving a dispute between American Idol’s Simon Fuller and Simon Cowell over the new U.S. X-Factor series – the shows are aligned with Universal Music and Sony Music respectively… And the latest rumor according to a story in Page Six this morning, is that departed Universal Motown prexy Sylvia Rhone will be relaunching the Portrait Records label at Sony. According to the report, the label will work closely with L.A. Reid’s Epic, and Cyndi Lauper, who was on Portrait in the 80’s, will be the first artist signed to the revived imprint… Stay tuned.
10.6.10Industry Round Up: McCarroll Upped @ EMI, Lyor’s Hot Seat, The Head & The Heart & more…
Post Shake Up Changes Continue
As was rumored and expected for weeks, it was announced this morning that current EVP NA of creative at EMI Music Publishing, Dan McCarroll, will be taking the top spot overseeing A&R operations for the entire music group in North America. In his tenure at EMI’s pubco, McCarroll signed and oversaw a number of successful artists including John Mellencamp, Cobra Starship, Travie McCoy, Death Cab For Cutie, Butch Walker and Panic At The Disco among others. In his new role, at the newly dubbed Capitol & Virgin Label Group, McCarroll will be tapped with reinvigorating the company’s creative performance in the US, leaving many to wonder the fate of the current creative team on the recorded music side. In his statement, Roger Faxon also announced that current A&R executives Steven Melrose and Leonard Brooks would be exiting their positions…
Switching gears, with Warner Music Group ruler Lyor Cohen enjoying an indian summer on the West Coast, anecdotes abound, including one involving an A&R assembly where Cohen in true-to-form fashion, put creative execs in the hot seat. As the dust settled, there were more artists than reps to match, leaving a couple acts unaccounted for. So who signed them? When the junior staffer responsible for the act was summoned, his detailed knowledge of every aspect of the artist, and his general chutzpah, led to him being granted a seat in the meeting… And what about all those expected departures from the Bunny in the wake of the regime change? Rumblings seem to indicate they might not be coming as soon as predicted due to financial implications…
THATH
Elsewhere, keeping up with the chase, it was a regular industry frenzy on this past rainy Monday night in Los Angeles, as many scrambled to make it out to see Seattle combo The Head and The Heart, who played both an early and late set at Silverlake Lounge and Bardot respectively. The band, who has been wowing audiences in their native Pacific Northwest – drawing large crowds and rave reviews, played to a throng of industry onlookers at both L.A. shows. With representatives from most major label groups present, including Warner Bros., Universal/Republic and RCA (maybe EMI reps were preoccupied – see above), along with some publishers and bigger indies, the currently unmanaged group has succeeded in spawning a double derby, with reps from some of the top management firms present too, including Red Light Management’s newest comrade Mark DiDia…
Speaking of, the recent buzz on a few of the bigger boutique labels with major label ties, is that they’re are making internal moves that would shift them into scaled-down management operations and away from the label business… And are major label imprints in trouble? Jive Records urban imprint Hitz Committee will be shutting its doors, and a pending deal for an established LA-based indie label has been shuttered due to the exit of a recent major label head. Expect more to come… In recent signing updates, it looks like Nashville act Mona has been picked up by Island Records in the UK and Mercury Records stateside, while NZ darlings The Naked and Famous seem to have landed with UMG affiliated Fiction Records - both deals are rumored to have been for massive sums. Meanwhile, some are starting to wonder who will be the last through the gates for these kinds of deals, as insiders share that some label heads are starting to put the kibosh on high-dollar signings for uberly-hyped indie acts. Stay tuned… IN THE MIX: Michael Goldstone, Glenn Delgado, Craig Aaronson and Paul Pontius
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The Brits Are Taking Over
With today’s announcement from Vivendi on the appointment of Lucian Grainge as Chief Executive Officer of Universal Music Group, expect the rumor mill to pump up the volume on what changes we can expect to happen within the UMG labels in the coming months. But before we delve into conjecture on the UMG side, it’s significant to point out the number of British executives running US major labels. Outside of Warner Music Group, the remaining three major label groups are run by Brits. The UK presence is quite prominent at the Rob Stringer-run Sony Music, particularly with the addition of Amanda Ghost at Epic, the recent addition of Ashley Newton at the Steve Barnett-helmed Columbia Records. And the Terra Firma-owned EMI Music Group maintains its US operations under Nick Gatfield, who served under Grainge during his stint as President of Island Records UK prior to his EMI post. Aside from Ghost, the aforementioned execs have solid working experience in US music companies. Barnett has been in the Sony US system for years, Newton’s previous post at RCA and his tenure co-running Virgin Records US makes him a very well-respected US exec, while Gatfield ran Polydor Records in the states during the ‘90s.
Back to UMG, Grainge will assume his new post on Jan. 1, 2011, succeeding current UMG CEO Doug Morris. Rumors of Grainge assuming Morris’ position have been swirling for months. Grainge is scheduled to relocate to NY in July as part of the transition. Industry insiders share that Universal Republic head Monte Lipman and brother Avery will have an expanded role at the music group, as well as Mercury Records head David Massey. It leaves to question the future roles of Island Def Jam ruler LA Reid and Universal Motown head Sylvia Rhone, who was a longtime Doug Morris protégé. And it’s fair to expect no major changes to happen at Jimmy Iovine’s Interscope label. Stay tuned…
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