- View Comments
- Share with Shortlink:
(AllHipHop News) Doug Morris, Sony’s chief executive of Music Entertainment, who recently left Universal after 15 years, has his eyes set on some of rap’s largest labels as their looming distribution contracts expire.
My plan here is very simple,” Doug Morris told the New York Times. “To help create the pre-eminent record company in the world.”
Things are changing quickly at Sony, as last week, after months of talks, Morris signed Dr. Luke, who has produced pop hits for Katy Perry and Kesha. By creating what is now Kemosabe Records in collaboration with Dr. Luke, Sony gets exclusive rights to Dr. Luke’s production for the next five years.
Part of Morris’ plan also includes bidding on the contracts for Cash Money and Big Machine. In what likely will be a bidding war with Universal, Bryan “Birdman” Williams and Ronald “Slim” Williams will have to decide where to take Cash Money Records.
Mr. Morris has also cleaned house by replacing several top executives in Sony’s international division and streamlined the label structure according to the New York Times article.
After enduring layoffs and instability in Jive and Arista, Morris also has hired Antonio “LA” Reid to upgrade the now independent Epic removing it from under Columbia Records.
“In each company that I’ve gone to run, that’s always been the same question,” Mr. Morris told the New York Times. “And each company has gone to be the No. 1 company and the most innovative company. And I think the reason I’m never getting the credit for this is because I’m the oldest guy.”
While some feel things are improving at Sony Entertainment and the music division of the company, Sony Corporation announced expected losses of $1.2 billion this year.
“Our core focus still needs to be developing hits,” he said. “That’s the only constant amidst all the change. So if you don’t get that right, it doesn’t matter how revolutionary the distribution model is or how many revenue streams you have. You still have to have the hits.”
Cappadonna Delves Into Skateboarding
Contest: Win a Mac Miller’s Neff Collection Giveaway
Hip-Hop Rumors: Was Ludacris Beat Up And Bottled Down At Club?
Hip-Hop Rumors: Guess How Much Jay-Z Will Make Before His Album Even Drops?
Non Hip-Hop Rumors: Will Instagram Introduce Video To Compete With Vine?
Chief Keef Arrested Again
Controversy Ensues As Lil Wayne Steps On American Flag
Hip-Hop Rumors: Lil Boosie May Never Come Home! The FEDS Ain’t Done!
Happy Father’s Day: Master P “Letter to My Daddy”
Hip-Hop Rumors: WHAT? Karrine ‘Superhead’ Steffans Begins To Ether Yung Berg
Kanye Exonerated; Groupie Admits To Lying
Hip-Hop Rumors: What Is Jay-Z’s Major Announcement? Kanye West Rumors!
Sincere Show – “No Basic B*tches” ft. Short Dawg and Lavish D
[NEW MUSIC] Rikki Blu- “Hey Dad” (Prod. Vinyl)
Blink Money Ft. French Montana, Papoose & Chinx Drugs “Get Paid”
Wale #BGA Ft. Nicki Minaj & Juicy J “Clappers”
Mac Miller #BGA Ft. Tyler The Creator “OK”
Flavor Flav Avoids Jail
Taco Bell Offers 50 A Deal; Rapper Not Amused