Renowned Music Executive to Spearhead the Growth of the Business
and Build

 On Strong Foundation That Includes the Beatles and Bob Dylan
Catalogues

 

    NEW YORK, Feb. 27 /PRNewswire/ — Sony Corporation of America
announced

today that Martin Bandier
has been named Chairman and CEO, Sony/ATV Music

Publishing LLC. As part of
the agreement, Mr. Bandier will also make an

investment in Sony/ATV,
which is co-owned by Sony and Michael Jackson…

Mr. Bandier’s move to Sony/ATV Music Publishing matches the
most

renowned music-publishing
executive in the industry with the company that

not only controls some of
its most valuable catalogue assets, but also

boasts a stellar roster of
the most active and popular current artists and

writers. The catalogues
include a generation-spanning mix of some of the

biggest names in music…

 

    Mr. Bandier will report to Rob Wiesenthal, Chief Financial
Officer,

Sony Corporation of
America, and Executive Vice President and Chief

Strategy Officer, Sony
Entertainment Inc., and also to Sir Howard Stringer

in his role as Chairman and
CEO of Sony Corporation of America. Mr. Bandier

will join Sony/ATV
effective April 1, 2007.

 

    "Sony/ATV Music Publishing has great assets, and also
tremendous

potential for growth and
expansion," said Mr. Bandier. "This move offers me

the opportunity to
participate in the growth of a major publishing entity

and to build something in
an entrepreneurial environment with a fantastic

company."

    "Marty Bandier is a true legend in the music industry. His
experience

and stature are
unparalleled," said Mr. Wiesenthal. "We are delighted that

he is joining Sony/ATV at
this critical time in the music publishing

industry. His proven track
record of innovative and highly effective

business strategies will
help us to continue to build this company and

result in meaningful upside
for all involved."

  "We are very excited to have Marty take the helm at
Sony/ATV in what we

believe will be a transformative
appointment," said Sir Howard Stringer.

"This sends a strong
signal about how serious we are about music publishing

and adds one of the most
respected and accomplished executives in the music

industry to our team. We
expect Marty to do what he does best, grow this

business and take it to the
upper echelon of the industry."

    "I am thrilled that Mr.
Bandier has agreed to become Chairman and CEO

of Sony/ATV Music
Publishing," said Michael Jackson. "Marty has over 30

years experience in the
music publishing industry, and not only brings with

him a wealth of
knowledge about the industry, but the vision and ability to

take the company to new
heights. I look forward to working with him."

PR Newswire

About Sony/ATV Music
Publishing:

Sony/ATV Music Publishing was established in 1995 as a joint
venture between Sony and Michael
Jackson.  Sony/ATV Music Publishing currently owns or administers over 400,000 copyrights.  It is not part of the Sony
BMG Music Entertainment venture.

SOURCE Sony/ATV Music
Publishing – On the web: http://www.sonyatv.com