You will be redirected back to your article in seconds

Sony Music chief signs on with startup venture

Rolf Schmidt-Holtz takes partner role with TeVeo

Potentially clearing the way for installation of a new CEO at Sony Music Entertainment, the music firm’s topper Rolf Schmidt-Holtz is taking a role as a partner in a German entertainment tech startup.

Schmidt-Holtz, whose SME contract will expire in March, is joining Hamburg-based TeVeo, according to German press reports.

It had been assumed that Schmidt-Holtz would ankle when his contract ends.

Schmidt-Holtz is a holdover from a previous SME exec regime: After Sony merged its music unit with Bertelsmann Music Group in 2003, he assumed the roles of chairman and then CEO. He stayed on as CEO of SME after Sony bought out Bertelmann’s stake in the partnership in 2008.

An SME corporate spokesman made no comment.

More Music

  • Record Store Day

    As Vinyl Surges, a Boutique Pressing Plant Helps Smaller Indies Get an In

    Potentially clearing the way for installation of a new CEO at Sony Music Entertainment, the music firm’s topper Rolf Schmidt-Holtz is taking a role as a partner in a German entertainment tech startup. Schmidt-Holtz, whose SME contract will expire in March, is joining Hamburg-based TeVeo, according to German press reports. It had been assumed that […]

  • Kris Wu, Chinese Superstar Singer-Actor, Signs

    Kris Wu, Chinese Superstar Singer-Actor, Signs With Universal Music Group

    Potentially clearing the way for installation of a new CEO at Sony Music Entertainment, the music firm’s topper Rolf Schmidt-Holtz is taking a role as a partner in a German entertainment tech startup. Schmidt-Holtz, whose SME contract will expire in March, is joining Hamburg-based TeVeo, according to German press reports. It had been assumed that […]

  • Avicii Remembered by Co-Writer Mike Einziger

    Avicii Remembered by 'Wake Me Up' Co-Writer Mike Einziger: ‘He Changed My Life’

    Potentially clearing the way for installation of a new CEO at Sony Music Entertainment, the music firm’s topper Rolf Schmidt-Holtz is taking a role as a partner in a German entertainment tech startup. Schmidt-Holtz, whose SME contract will expire in March, is joining Hamburg-based TeVeo, according to German press reports. It had been assumed that […]

  • Prince Album of Previously Unreleased Material

    Prince Album of Previously Unreleased Material Coming in September (EXCLUSIVE)

    Potentially clearing the way for installation of a new CEO at Sony Music Entertainment, the music firm’s topper Rolf Schmidt-Holtz is taking a role as a partner in a German entertainment tech startup. Schmidt-Holtz, whose SME contract will expire in March, is joining Hamburg-based TeVeo, according to German press reports. It had been assumed that […]

  • Avicii

    Avicii's Family Releases Statement Three Days After DJ's Death

    Potentially clearing the way for installation of a new CEO at Sony Music Entertainment, the music firm’s topper Rolf Schmidt-Holtz is taking a role as a partner in a German entertainment tech startup. Schmidt-Holtz, whose SME contract will expire in March, is joining Hamburg-based TeVeo, according to German press reports. It had been assumed that […]

  • Head Over Heels review

    Pre-Broadway Review: Go-Go's Musical 'Head Over Heels'

    Potentially clearing the way for installation of a new CEO at Sony Music Entertainment, the music firm’s topper Rolf Schmidt-Holtz is taking a role as a partner in a German entertainment tech startup. Schmidt-Holtz, whose SME contract will expire in March, is joining Hamburg-based TeVeo, according to German press reports. It had been assumed that […]

More From Our Brands

Access exclusive content