Doug Morris to Take Reins at Sony Music
Date: Thursday, March 03, 2011 @ 18:52:39 UTC

Doug Morris, a longtime power broker of the record business as the head of the Universal Music Group, is taking over the reins of Sony Music Entertainment, Universal's biggest rival, Sony announced. Granted an early release from his contract at Universal, Mr. Morris will become the chief executive of Sony Music on July 1, replacing Rolf Schmidt-Holtz, whose tenure ends on March 31. Other terms of the deal were not disclosed. Complete Article

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