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# A Compendium Of Comments On The Turmoil At Sony BMG
- URL: https://www.hypebot.com/a_compendium_of/
- Published: 2006-06-02T10:35:20.000Z
- Updated: 2006-06-02T10:35:20.000Z
- Description: "The exit of the pair from Sony Music today may have stunned the record business, but insiders say it was the result of the ‘perfect storm," a confluence of three. Continue reading [https://www.hypebot.com/hypebot/2006/06/a_compendium_of.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 11:10

[![Sonybmg_33](https://hypebot.typepad.com/hypebot/images/sonybmg_33.jpg "Sonybmg_33")](http://hypebot.typepad.com/photos/uncategorized/sonybmg%5F33.jpg?ref=hypebot.com)

"The exit of the pair from Sony Music today may have stunned the record business, but insiders say it was the result of the ‘perfect storm," a confluence of three major factors,"according to [**HITS.**](http://www.hitsdailydouble.com/?ref=hypebot.com)

In summary HITS wrote that the trio of factors were: 1) poor sales with just 2 records in the top 50 year to date dankings. 2) ongoing exectuive turmoil at the company 3) an attempt to bring in a trusted confidant (his brother) to more quickly integrate the clashing corporate cultures.

> "We are witnessing the last thrashings of the dying dinosaurs. The model we created in the 60’s doesn’t work anymore. In this global new technology, a new method of finding, exposing, promoting, breaking and selling music has to emerge. – comment on [The Velvet Rope](http://velvetrope.com/?ref=hypebot.com)"

[![Latimes_14](https://hypebot.typepad.com/hypebot/images/latimes_14.jpg "Latimes_14")](http://hypebot.typepad.com/photos/uncategorized/latimes%5F14.jpg?ref=hypebot.com)

"This company is undergoing a much-needed radical restructuring," said one Sony BMG senior executive who requested anonymity for fear of angering superiors. "There was a new perspective on this company’s direction, and a new team was needed to execute that vision."

"BMG is running things right now," said Bob Lefsetz, publisher of a widely read music newsletter. "Their guy is in the chief executive’s chair and they have all the hits. So they are ushering out the people they don’t like." **[– LA Times](http://www.latimes.com/business/la-fi-sonybmg2jun02,1,7576922.story?coll=la-headlines-business&ref=hypebot.com)**

> Some industry observers believed that the senior Sony Music execs’ jobs went on the line after Lack, now chairman of Sony BMG, exchanged jobs with Schmidt-Holtz in February. "It was in the works for a while," one source said. – [The Hollywood Reporter](http://today.reuters.com/news/newsArticle.aspx?type=industryNews&storyID=2006-06-02T092816Z%5F01%5FN02386574%5FRTRIDST%5F0%5FINDUSTRY-SONY-DC.XML&WTmodLoc=NewsArt-L3-Industry+NewsNews-2&ref=hypebot.com)