[Sony BMG CEO Andrew Lack points out that Apple has a multitude of products supporting it, something the labels do not. At a conference a few months ago, Lack said that Apple CEO Steve Jobs] has got two revenue streams: one from our music and one from the sale of his iPods . I've got one revenue stream, it's not pretty. ... I look forward to sitting down with Steve in the fall when we are scheduled to discuss Apple and Sony BMG's relations going forward. I think Steve has done a great job on behalf of the industry and in the months ahead we have lots of challenges to conquer together. |
As most of you know, Sony Music Entertainment is implementing a series of strategic, structural changes that are necessary to position the company for future growth, |
As part of these changes, we are streamlining the management structure of the company both in the U.S. and abroad, and we are taking measures to more closely coordinate our marketing efforts around the world, |
has got two revenue streams: one from our music and one from the sale of his iPods. |
He agreed there will be no ground rules and that Tom and Katie may ask him questions on anything they wish, |
I look forward to sitting down with Steve in the fall when we are scheduled to discuss Apple and Sony BMG's relations going forward. I think Steve has done a great job on behalf of the industry and in the months ahead we have lots of challenges to conquer together. |
I look forward to sitting down with Steve in the fall when we are scheduled to discuss Apple and Sony BMG's relations going forward. I think Steve has done a great job on behalf of the industry, and in the months ahead we have lots of challenges to conquer together. |
I've got one revenue stream. |
If we were going to conduct a serious news interview with O.J., ... we needed to deal with the questions that were on everyone's mind that needed to be answered. |
Moving forward, we all have good reason to be optimistic. With a roster that includes some of the greatest artists in the world, a vast catalog of influential recordings and access to the considerable resources of our parent company, we are perfectly positioned to continue as a leader in our business, |
While these changes will result in the loss of some positions, we believe that they will also enable Sony Music Entertainment to effectively meet the challenges of a continually changing marketplace for music worldwide, |