Source: Sony BMG Close to Leadership Change
A Reuters newswire article, via eWeek, reports that:
Sony Corp. and Bertelsmann AG are close to announcing a change in leadership of their joint Sony BMG Music Entertainment venture to resolve a dispute between the two companies, a source familiar with the situation said on Thursday.
The source said Andrew Lack, chief executive officer of Sony BMG Music Entertainment, and Rolf Schmidt-Holtz, its chairman, are expected to change roles.
A spokeswoman for German media giant Bertelsmann declined to comment, while a spokesman for Sony BMG was unavailable.
posted by Fergie @ 2/09/2006 03:49:00 PM
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