He made this acquisition happen when everybody said it was impossible. Now boasting market share that puts him at a dead heat with former employer Columbia, and revenue estimated at $500 million, Barnett takes a victory lap.įirst, congrats on the Grammy wins. It’s that faith, says the native Brit, that was missing for him at Sony. In addition, there was a hiring frenzy to fill the new CMG ranks that didn’t work out for some: Ron Fair, brought on to run Virgin with much fanfare, was let go after 18 months so was Ron Spaulding (says Barnett of the former: “I probably should have done a better job to help him more”), and, in at least one case, practically an entire department turned over.Ĭapitol Chairman Congratulates Staff on Record-Breaking Grammysīut there was also an undeniable confidence to the new leader, a trait Barnett, who started in the business as a manager to such acts as AC/DC, attributes to UMG chairman Lucian Grainge and his support of the Capitol experiment. Resuscitating Capitol, which was the crown jewel (albeit scuffed) of EMI’s recorded-music empire when UMG bought it for $1.9 billion in 2012, required uprooting some 30 East Coasters (450 employees are under Barnett’s supervision) to Hollywood - including Barnett himself, a married father of four grown sons. To hear Barnett tell it, the road to industry respect was methodical and involved significant risk.
Sinead O'Connor Blazed a Trail for Women at the 1990 MTV Video Music Awards
0 kommentar(er)
