You will be redirected back to your article in seconds

Soundscan founder checking out

Shalett becomes chairman emeritus, Sisco named prez

NEW YORK — Mike Shalett, co-founder of the music sales-data firm Nielsen SoundScan, has retired from his posts as chief executive of parent company Nielsen Retail Entertainment Information and president of both Nielsen SoundScan and radio-data firm Nielsen Broadcast Data Systems.

Shalett, who has run SoundScan — along with its sister companies, VideoScan and BookScan — since their inception more than a decade ago, will take on a background role as chairman emeritus.

Meanwhile, Nielsen REI exec Rob Sisco has been upped to president of Nielsen Music and operating chief of Nielsen REI. Sisco will handle all day-to-day operations for SoundScan and BDS, effectively replacing Shalett at the top.

Shalett, along with co-founder Mike Fine, revolutionized the way record sales were counted in 1991 by instituting an electronic system to count each album as it was scanned at a retail register. Before then, sales were reported anecdotally (and often inaccurately) by store managers nationwide.

The new numbers changed the musical landscape and elevated the importance of some genres — particularly country and hip-hop. But the system has faced criticism in recent years, with claims of tampering by retailers, some of whom are said to have inflated sales by scanning a CD several times.

Shalett and Fine sold SoundScan to Dutch publishing concern VNU in 1998.

More Scene

  • Clint Eastwood and Alison Eastwood'The Mule'

    Clint Eastwood: Why Alison Eastwood Came Out of Acting Retirement for Her Dad

    Clint Eastwood’s daughter Alison Eastwood was done with acting after appearing in 2014’s “Finding Harmony.” Or so she thought. It was a Friday night and she and her husband were heading to dinner when her father’s producer Sam Moore called. “He [says], ‘You know, your dad wants you to do this film,” Alison recalls. “I [...]

  • John CenaSports Illustrated Sportsperson of the

    John Cena on WWE's Acceptance by Hollywood and the Professional Sports World

    John Cena says the WWE is finally getting the attention it deserves by Hollywood and the professional sports world. “I’m just glad that no longer are we looked down upon, not only by the sport industry, but by the performing arts industry,” Cena told Variety on Tuesday night in Beverly Hills at Sports Illustrated’s Sportsperson of [...]

  • Steve Carell Welcome to Marwen

    Steve Carell on New Film 'Welcome to Marwen' and Reprising His 'Anchorman' Character

    In 2000, Mark Hogancamp was nearly beaten to death by five men outside of a bar. Left with brain damage and little money to afford therapy, Hogancamp began creating miniature doll versions of himself, his friends, and his attackers as a way to cope. This true story inspired the 2010 documentary “Marwencol” and the upcoming [...]

  • Christian Bale'Vice' film premiere, Arrivals, Los

    Christian Bale Recalls Meeting Donald Trump: 'He Thought I Was Bruce Wayne'

    With Christian Bale‘s latest film, “Vice,” a political dramedy, it’s inevitable ties will be drawn between the film and the current political administration and its chief, President Donald Trump. On the red carpet for the premiere of “Vice,” Bale, who stars as former Vice President Dick Cheney, shared that he met the current president while [...]

  • Amy Poehler Is Ready for a

    Amy Poehler Is Ready for a 'Parks and Rec' Reunion

    Is Amy Poehler just getting our hopes up? We hope not, because the funny lady tells Variety that she’s ready for a “Parks and Recreation” reunion. “I am technically available,” Poehler said on Monday at Smart Girls’ 10th anniversary celebration dinner. “I have like six of Leslie’s blazers in my closet, so anytime.” “Parks and Recreation” [...]

  • Meredith Walker, Rashida Jones, Amy Poehler,

    Inside Amy Poehler's Smart Girls 10th Anniversary Dinner (EXCLUSIVE)

    “I’ve made an observation I’d like to share. I’m the only one that’s eaten my crab cake,” joked Amy Poehler as she addressed the room during the round robin introductions being made at her Smart Girls 10th anniversary dinner on Monday night. The 16 women at the table, who were so enthralled in the conversation [...]

More From Our Brands

Access exclusive content