Therefore, if Sony Recorded Music (ex-Japan) is doing $250MM in EBITDA today, catalog is probably generating approximately $500 MM and the new release business, which is 98% of the headcount, is losing $250MM per year.
From: Lynton, Michael [mailto:Michael_Lynton@spe.sony.com] Sent: Thursday, July 31, 2014 8:58 AM To: Dave Goldberg Subject: Re: Music strategy-confidential Dave, This is hugely helpful. The leaked Sony files on Wikileaks are pouring out odd sorts of information. Goldberg wasn’t delusional about how difficult it would be for Sony Music, which Lynton oversaw, to transform itself. Dave Goldberg’s plan for Sony Music is out in the open An email from the late SurveyMonkey CEO Dave Goldberg to Sony Entertainment boss Michael Lynton that has been doing the rounds of the music industry since being leaked after Sony was hacked last year, has now been reported in the mainstream tech press. This will remain between us, and I would love to discuss this further with you. On … A document leaked in Sony's inadvertent data dump last year shared former label and tech executive Dave Goldberg's vision for a radical re-envisioning of the music industry. Dave Goldberg to Michael Lynton on the state of the music industry From the Sony hack, Dave Goldberg writes a fascinating, educational memo to Lynton on the state of the music industry. Many many thanks for taking the time. David Goldberg, the chief executive of the online survey and research company Survey Monkey, died while exercising at a private resort in Mexico on …
I saved this years ago when the hack was reported on and I'm always struck by how big of a … “I think this amount of reinvention has rarely been done inside a … Born in 1922 in Liverpool, Dave Goldberg's family settled in Glasgow and he took up the guitar at the age of fourteen. The catalog is also primarily generating this revenue off “deep” catalog that is at least 5 years old or older. He was playing professionally in 1940 playing trombone as well as guitar but later joined the RAF during the second world war as a pilot instructor.