Last updated: Wednesday, May 13, 2009

SONY SUE EMI OVER JOB-SWAPPING EXECUTIVE

Music industry titans Sony Music and EMI are set for a courtroom battle over a high-flying music executive.

Bosses at Sony Music Entertainment have filed suit against rival company EMI Music after an EMI executive broke his alleged promise to swap sides and join Sony on a $4.5 million (£3 million) contract.

According to Sony, EMI president of music services Ron Werre agreed to join the firm once his EMI contract came to an end in 2010.

However, EMI chiefs recently revealed they had promoted Werre to chief operating officer of North American business.

Sony subsequently filed the lawsuit.

In court papers filed at the Supreme Court of New York, lawyers for Sony claim, "Werre never intended to fulfil his contractual obligations to Sony Music, but was merely using his contract with Sony Music as a stalking horse to solicit a more lucrative contract from EMI with enhanced job responsibilities."

The documents also claim EMI bosses were aware Werre had been offered the new contract, alleging they contacted Sony CEO Rolf Schmidt-Holtz in a bid for the move to be cancelled.

The record label also targets Werre personally in the suit.

Related News:

- STONE AT WAR WITH RECORD LABEL
- MCCARTNEY SNUBS RECORD LABEL
- STONE 'WANTS OUT OF RECORD DEAL'
- WU-TANG'S RAEKWON READIES NEW ALBUM AFTER TWO YEAR DELAY
- TWISTA SIGNS WITH EMI
- BEATLES/ITUNES DEAL STALLS
- THALIA DUMPS EMI, TEAMS UP WITH ROBBIE WILLIAMS
- WILLIAMS TO WITHHOLD NEW ALBUM FROM EMI IN PROTEST
- YORKE BLASTS RECORD COMPANY 'LIE'
- RADIOHEAD DENY DEMANDING $20 MILLION EMI DEAL

Source: WENN

0 COMMMENT
POST A COMMENT
 

---

ENTERTAINMENT NEWS:
FASCINATING FACT: WILL.I.AM  
BLACK EYED PEAS frontman will.i.am has launched his own scholarship programme to help put underprivileged children through higher education.

MORE NEWS:
. THE THINGS THEY SAY: TOM HANKS
. THE THINGS THEY SAY: KRISTIN DAVIS
. TYLER PERRY'S 'I CAN DO BAD ALL BY MYSELF' FIRST LOOK!
. FASCINATING FACT: AEROSMITH
. MOORE DEVASTATED BY MUM'S DEATH
. DEPECHE MODE SCRAP GIG AFTER GAHAN FALLS ILL
. GAMER TRAILER
. MOORE SET TO BECOME LATEST CELEBRITY AFRICAN ACTIVIST
. SILVERSTONE STRUGGLED WITH CHILDHOOD VEGETARIANISM
. RUDOLPH BEMUSED BY PREGNANCY LEAK