Former Sony Music Entertainment chairman Tommy Mottola released his memoir last week, “Hitmaker: The Man and His Music”, and has been making the media rounds. The once T.D. Valentine turned Tommy Mottola turned Thomas D. Mottola is now back to the good old Tommy. In these interviews, Tommy appears as an older, wiser, mellow, philosophical version of Tony Soprano.
by Wayne Rosso • • 5 Comments
It looks as though it may be a very long spring for reality TV star and part-time Epic Records Chairman L.A. Reid. News from one of my little birdies ensconced at 550 Madison Ave. says that the numbers for Epic’s fiscal year ending March 31 won’t add up in L.A.’s favor. The label is reportedly on track to lose well north of $35 million. Whew!
by Wayne Rosso • • 1 Comment
Can you hear it? If you listen very closely, you can hear a bloodcurdling scream emanating from Palm Beach, FL. It’s the sound of Bob Krasnow having a massive stroke. He had just read Sony Music’s press release announcing their new venture with Sylvia Rhone and her Vested in Culture (VIC) label.
by Wayne Rosso • • 2 Comments
According to a report in today’s New York Daily News, Lyor Cohen “has been secretly developing a talent management company for the past two years while working at Warner”. The report goes on to say that Cohen “is so private about his new business venture that [an] insider says he only refers to his new company by a ‘nonsensical’ code name in emails and phone calls”.