22 juli 2019

Sony Music blir en enhet

Sony har bekräftat att bolaget på musiksidan med start 1 augusti blir en affärsenhet där bolagets skivbolag respektive förlag ingår i Sony Music Group. Bolaget kommer att ledas av Rob Stringer, fram till nu VD för skivbolagsdelen Sony Music Entertainment.

Sony Music har fram till nu till skillnad från Universal Music och Warner Music arbetat som två i princip oberoende enheter. Mycket beroende på att Sony Corp under många år endast ägt hälften av förlaget Sony/ATV. Efter att Sony 2016 köpte ut den del som Michael Jacksons dödsbo ägt återstod fortfarande ett komplicerat ägande av EMI Music Publishing, som som Sony var involverade i att köpa 2012.

Men 2018 köpte Sony ut EMI och det har från detta varit en tidsfråga när ett enhetligt Sony Music Group skulle uppstå. Detta serverades när förlagets VD Martin Brandier slutade tidigare i år och nu blir det alltså ett faktum.

I ett memo till personalen meddelade i förra veckan Sony Corps VD Kenichiro Yoshida att Rob Stringer kommer att leda Sony Music Group men även kvarstå som ansvarig för skivbolaget.  Bandiers ersättare Jon Platt kommer att rapportera tll Stringer.

I Japan kommer bolagen även i fortsättningen att arbeta separat.

Kenichiro Yohidas memo i sin helhet:

”Dear Colleagues,

As part of Sony’s business goals to increase collaborations across its entertainment units, be closer to creators and unlock more strategic opportunities, I’d like to inform you that effective August 1, we are bringing together Sony’s recorded music and music publishing businesses outside of Japan to create a new Sony Music Group. I have asked Rob Stringer to take on the role of Chairman of this new Group, in addition to his current duty as CEO of Sony Music Entertainment.

The purpose of this new Group is to further strengthen and solidify Sony’s position as a leader in the music industry and create new value for the company.  This unification will help us foster a higher level of collaboration between our recorded music and music publishing businesses, while respecting and maintaining the independence and unique culture of each organization.  Under this new structure, Jon Platt, Chairman and CEO of Sony/ATV Music Publishing, will report to Rob.  Jon will retain the authority and responsibility he currently has with respect to the operation of the music publishing business.

The rise of streaming services alongside other changes in the market has transformed our music business and created more opportunities for growth than ever before.  As a result, we felt it was particularly important at this juncture for Sony to take proactive steps to sustain its leadership position in the music industry by accelerating the collaboration and value creation between our world-class recorded music and music publishing businesses to strengthen our value to artists, songwriters and business partners.

While Sony Music Entertainment Japan will remain a separate entity, reporting to me, I would like for the new Sony Music Group and SMEJ to continue and further strengthen their collaboration in the spirit of One Sony.

It’s been 51 years since Sony entered the music business through a joint venture of CBS Sony Records in 1968.  And, with the acquisition of EMI Music Publishing in 2018, Sony has become an even stronger music company.

I have the utmost respect and trust in Rob and Jon who are outstanding leaders with enormous industry expertise and have the strong support of their employees, artists and songwriters.  Working together, and with your help, I am confident they will lead Sony Music Group to a new level of success, remaining the world’s most artist- and songwriter-friendly music company, and further strengthening and securing our legacy for the future.”

Lars Nylin