Clive Davis Named Chairman and Chief Executive Officer of BMG North America; Davis to Lead Creative Centers of BMG in U.S.Entertainment Editors/Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 2, 2004 Clive Davis Clive Jay Davis (born April 4, 1932) is an American record producer and a leading music industry executive. From 1967-72 he was the President of Columbia Records, was the founder and president of Arista Records in the late 1970s through 2000 until founding J Records. , Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , RCA See RCA connector and video/TV history. Music Group, has been named Chairman and Chief Executive Officer of BMG BMG Bundesministerium für Gesundheit (Germand: Federal Ministry for Health) BMG Be My Girl BMG Blue Man Group BMG Bertelsmann Music Group BMG Be My Guest BMG Browning Machine Gun BMG Bulk Metallic Glass North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. by Rolf Schmidt-Holtz, Chairman and Chief Executive Officer of BMG, effective immediately. Davis will report directly to Schmidt-Holtz. Davis will lead BMG North America, based in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Charles Goldstuck, currently President and COO, RCA Music Group, will now become President and COO at BMG North America, where he will oversee the consolidated business operations and will continue to report directly to Davis. The newly formed group will combine all operations of the BMG owned record labels, including Arista arista (ä·riˑ·st , J, RCA, and Jive headed by Barry Weiss. In addition, Davis will also oversee BMG Distribution, BMG Strategic Marketing, and BMG Canada. The group does not include RCA Label Group-Nashville, which is led by Chairman Joe Galante, and BMG Classics led by Chairman Nicholas Firth. This change will allow for a larger alignment of BMG's music operations in North America in which administrative operations and certain support functions at the record labels will be consolidated. Schmidt-Holtz said "The team of Clive and Charles, and this new alignment, improves our ability to compete in today's market place and will help us address future challenges. BMG has achieved great artistic and commercial success, but the continuing difficulties in the worldwide music market requires us to be well prepared for the future. The new structure will efficiently strengthen our focus on our creative centers." On the appointment of Davis, Schmidt-Holtz noted, "I couldn't be happier that Clive agreed to assume this greatly expanded responsibility at BMG. For over 20 years, Clive has been instrumental in helping build the foundation of BMG to its powerful position today. On a personal note, I have to say that since I assumed my role as Chairman of BMG, Clive has become not only a trusted business colleague, but also a confidante con·fi·dante n. 1. A woman to whom secrets or private matters are disclosed. 2. A woman character in a drama or fiction, such as a trusted friend or servant, who serves as a device for revealing the inner thoughts or intentions and partner." Davis said, "I am personally thrilled for this wonderful new challenge and opportunity, and to be a partner in the BMG team that Rolf has formed in recent years. We have some of the industry's best executives, poised and ready to meet that challenge. Charles and I are both particularly delighted to be working with Barry Weiss at Jive Records, one of the industry's most accomplished executives. I believe we can reach new heights and a new level of achievement for BMG." BMG's longstanding and successful relationship with Davis dates back to 1979 when BMG parent company Bertelsmann bought Arista Records, which he founded in 1975. Davis built Arista into an industry leader, in the process discovering Barry Manilow, Patti Smith, Whitney Houston, Sarah McLachlan and Dido, rediscovering Carlos Santana, and then inspiring and working with Aretha Franklin and Annie Lennox. Davis led Arista until 2000, when he launched the instant major J Records. In late 2002 he was named to lead the RCA Music Group, a merger of J Records and RCA Records, which has produced an array of No. 1 records from a diversity of artists such as Alicia Keys, Rod Stewart, Clay Aiken, Luther Vandross, Monica and Ruben Studdard. Davis' many industry honors include the 2000 Trustees Grammy Award for Lifetime Achievement and induction into the Rock and Roll Hall of Fame The Rock and Roll Hall of Fame and Museum is a museum in Cleveland, Ohio, United States, dedicated to recording the history of some of the best-known and most influential artists, producers, and other people who have in some major way influenced the music industry, particularly in as the only non-performer. BMG is the global music division of Bertelsmann AG, one of the world's leading media companies. BMG owns more than 200 record labels in 41 countries including, Arista Records, J Records, Jive Records, RCA Records, RCA Label Group - Nashville, and Ariola. In addition, BMG's music publishing The contractual relationship between a songwriter or music composer and a music publisher, whereby the writer assigns part or all of his or her music copyrights to the publisher in exchange for the publisher's commercial exploitation of the music. operations are the third largest in the world. |
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