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Industry Moves: Sony BMG Merges Sales Divisions and Puts Hesse In Charge

By David Kaplan - Thu 11 Jan 2007 01:35 PM PST

Sony BMG Music Entertainment Sales is merging its digital and physical distribution business into one operation, with Thomas Hesse, who has been named president of the newly created Global Digital Business & U.S. Sales. Hesse will oversee all aspects of the U.S. sales division in addition to the company’s digital revenues worldwide. Variety reports he will still be based in New York and will continue to report directly to COO Tim Bowen. Hesse was named president, global digital business, in 2004 after serving as BMG’s chief strategic officer for two years.

Posted in: Companies, Sony, Entertainment, Music, Industry Moves

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From Tom Furst Thu 11 Jan 2007 03:08 PM

Niche Content paid subscriber business- a nice complement to the DRF business Wicks owned- The larger sports media companies should look at the paid content model as a hedge against the advertising revenue, never know when Madison Avenue will slow up on spending $.