Sony Music has announced that its CEO Doug Morris will be stepping back to a chairman role in April 2017, to be replaced by current Columbia Records chairman and CEO Rob Stringer. Morris will be taking an advisory role, rather than being involved in the label group’s “operational management”. Sony Entertainment boss Michael Lynton said that Stringer’s “ability to adapt to meet the needs of artists and fans in a dynamic marketplace that mixes digital audio, visual media and physical goods makes him the perfect fit to head the company moving forward.” In separate news, publisher Sony/ATV has promoted Brian Monaco to a new president of president, global chief marketing officer. He was previously EVP, worldwide head of advertising, film and television. “We want to drill down globally on how to be a better sales group as sync becomes more and more important in every aspect of the publishing world,” Monaco told Billboard.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…