Articles by David Kronemyer
Mr. Kronemyer started his career in the music business playing 12-string electric guitar in a folk rock band. Lacking sufficient talent to continue as a performer he began to manage bands and promote shows. He formerly was Vice President of Capitol Records and Senior Vice President of Atlantic Records. Segueing to the movie business he became President of Gold Circle Films and then President of Cerberus Films. He currently is producing records and directing independent movies, none of which have much commercial potential. More at: www.kronemyer.com. © David Kronemyer and Music Industry Newswire. UNAUTHORIZED RE-PUBLICATION OF THIS CONTENT IS PROHIBITED UNDER U.S. AND INTERNATIONAL COPYRIGHT LAW EXCEPT FOR QUOTING IN CONTEXT OF ANOTHER ARTICLE OR A SHORT SUMMARY LINKING TO THIS FULL STORY.
COLUMN: In April 1971 Joseph Lockwood (then chairman of EMI) fired Stanley Gortikov as president of Capitol Industries and Sal Iannucci as president of Capitol Records. As Lockwood expressed in EMI’s 1971 annual report, there …
COLUMN: I thought it might be interesting to recapitulate the last days of United Artists Music and Records Group, Inc. (“UAR”) and the circumstances under which Capitol Industries-EMI, Inc. (“Capitol”) acquired it. The information set …
COLUMN: Johnny Mercer was Capitol’s first president. Glen Wallichs succeeded Mercer in 1947. Alan Livingston succeeded Wallichs in 1961. One of Livingston’s main accomplishments was creating the cartoon character Bozo the Clown. Livingston got fired …
COLUMN: Johnny Mercer, Glen Wallichs and Buddy DeSylva founded Capitol Records, Inc. in 1942. For a history of Capitol see Grein, P. (1992) Capitol Records – Fiftieth Anniversary 1942 – 1992. Mercer initially capitalized the …
COLUMN: It always is entertaining to look at Warner Bros.’ financial results. Throughout its various permutations and incarnations it has remained a diversified entertainment conglomerate with interests in both music and films. It always has …
COLUMN: Busy savoring that new, close-in parking spot? Well you’d better read this if you want to hang on to it. Hollywood long has been known for its cunning business tactics, callous ruthlessness, cutthroat entrepreneurialism …
COLUMN: People in the movie business historically view people in the record business as some kind of inferior beings. Just ask David Geffen when he became Vice-Chairman of Warner Bros. Pictures after a successful career …
COLUMN: The conflict between CBS Records and the Warner Music Group is the stuff of record business legend. During the 1970s – 1980s they dominated the U.S. record industry. Walter Yetnikoff was head of CBS …
COLUMN: My previous post on sales of Beatles albums in the U.S. seems to have precipitated a lot of interest so I thought I’d briefly discuss the history of the Beatles contracts. If you’re …
COLUMN: I thought I would make a list of propositions that everybody in the music business can agree on, regardless of their stance on various philosophical, economic and theological issues. In other words these …
COLUMN: The Fab Four once again is in the news with the announcement that remastered versions of their catalog will be available in September 2009 (source: Allan Kozinn, “Beatles Fans Await Re-Releases,” New York Times, …
COLUMN: The answer is $5.1 billion pre-tax operating income on $83.6 billion of operating revenue, which is about how much people spend on French fries during one year in the U.S. I went through all …
COLUMN: The Recording Industry Association of America (“RIAA”) is the trade association for the U.S. record industry. The Motion Picture Association of America (“MPAA”) is the trade association for the U.S. film industry. One of …
