Schmidt-Holtz Out by March

AUF WIEDERSEHEN? Sony Music Entertainment CEO Rolf Schmidt-Holtz has taken a 10% interest in European Internet TV start-up TeVeo, timed for when his contract runs out at the end of March. It has been widely reported that Schmidt-Holtz will step down from his post at that point, clearing the way for UMG Chairman Doug Morris to take the job...if Vivendi will allow him to split before his contract runs out at the end of the year. See the full news story here for more details. (1/18a)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now HITS LIST: HANGIN' OUT With extra relish (5/3a) Check It Out Now LIVE NATION POSTS (ANOTHER) RECORD QUARTER More butts in seats than ever before. (5/3a) Check It Out Now A POST-WALLEN AFFAIR A dynamic duo, y'all (5/3a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

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Schmidt-Holtz Out by March

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