Sony Music is relaunching Arista Records [MarketWatch]
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Source: MarketWatch
Sony Music is relaunching Arista Records Sony Music Entertainment is relaunching Arista Records under hitmaker David Massey, the company announced Monday. Massey stepped down as CEO of Universal Music Group's Island Records in June, where he helped guide the careers of musicians like Shawn Mendes, Demi Lovato, Nick Jonas and Bon Jovi. Universal Music Group is a subsidiary of French media conglomerate Vivendi VIV, +0.34% Sony Music SNE, +3.97% and Massey are also partners in a new joint venture for Massey-led artist management and music publishing businesses, Sony said. "As well as releasing new music to the world, David will use his vast experience in building new publishing and artist management ventures that will enhance Sony Music's overall music strategy," said Sony Music Entertainment CEO Rob Stringer in a statement. Arista Records was founded by Clive Davis in 1974 and served as the home of such stars as Whitney Houston, Carlos Santana, and Aretha Franklin before shutterin
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