Sony Music Entertainment Inc. · New York, NY United States
Company Description
View Sony Music Entertainment Inc. Locations On A US Map
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This link will open in a new window This company begs the question: Which came first, the CD or the CD player? A subsidiary of consumer electronics giant Sony Corporation of America , Sony Music Entertainment (formerly Sony BMG Music Entertainment) is the #2 recording business in the world behind Universal Music Group . It operates primarily through its stable of recording labels, such as Columbia , Epic , RCA , and Zomba Label Group and boasts an artist roster that includes Celine Dion, Alicia Keys, Bruce Springsteen, Justin Timberlake, and Usher. Sony Music also owns record distributor RED Distribution . Originally formed as a joint venture in 2004, Sony bought out Bertelsmann 's 50% stake in 2008. To read the full description, subscribe now.
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Key Sony Music Entertainment Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | March |
| Employees | 3,000 |
Sony Music Entertainment Inc. Executives
40 executives listed for Sony Music Entertainment Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| CEO | Rolf Schmidt-Holtz | Network |
| EVP and CFO | Kevin Kelleher | Network |
| Chief Creative Officer | Clive Davis | Network |
Competition
Competitive Landscape for Sony Music Entertainment Inc.
Demand is driven by consumer spending. The profitability of individual companies depends on discovering and promoting new musical talent and generating revenue from the company’s asset base of recordings and publications. Large companies have advantages in marketing and distribution. Smaller companies, referred to as Indies, compete by focusing on artists within local markets or music genres. The industry is capital-intensive: average annual revenue per employee is about $475,000. To read the full description, subscribe now.Top Sony Music Entertainment Inc. Competitors
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