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Article: EMI music chairman to take reins at Sony
- Article from:
- International Herald Tribune
- Article date:
- March 1, 2007
- Author:
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Jeff Leeds
International Herald Tribune
03-01-2007
Martin Bandier, the chairman and co-chief executive of EMI Group's music-publishing unit, will take the reins of the music-publishing unit at the rival Sony after his EMI contract expires at the end of March.As part of the arrangement, which was announced Tuesday, Bandier is making an unspecified investment in the Sony unit, known as Sony/ATV Music Publishing, where he will become chairman and chief executive.His compensation will be linked to increasing the value of the unit, which controls more than 400,000 copyrights, including songs by Joni Mitchell, Brooks & Dunn and the Beatles. The unit is a venture with the pop star Michael ...