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Number 1 Shimbun

Club Notes: Clive Davis



MUSIC-BUSINESS LEGEND CLIVE DAVIS (ABOVE LEFT) SAYS THE INDUSTRY has a bright future despite the unfortunate tendency of many people not to pay for music they download or stream from the internet. Speaking at a Dec. 19 press conference at the club, the former head of the Columbia, Arista and J Records labels said he doesn’t accept the premise that the digital revolution has destroyed the traditional record-company business model.

Acts that Davis played a key role in discovering, signing and nurturing during his amazing career include Janis Joplin, Carlos Santana, Blood, Sweat & Tears, Whitney Houston, Bruce Springsteen and Patti Smith. He is now chief creative officer of Sony Music Entertainment.

And Davis said he doesn’t expect Sony to sell its entertainment properties, despite the urging of some shareholders who see such a move as the company’s best hope of reversing its declining fortunes.

Steve McClure


Published in: January

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