Nov 14, 2005 • 1 min read

SonyBMG board meets today as Andy Lack's future is on the agenda

The SonyBMG board meets in London, with Andy Lack expected to present his 2006 budget, and speculation that his future as chief executive is under discussion.

The SonyBMG board apparently meets in London later today, with top man Andy Lack expected to present his 2006 budget proposals. Gossipers are wondering if the big topic of the moment at the major label, Lack's future in the top job, will be discussed. As previously reported, the former BMG execs that make up half the SonyBMG board want to kick Lack out when his contract comes up for renewal. There a is rumour that there are discussions around the idea of former BMG boss Rolf Schmidt-Holtz taking on a more proactive role in running the company in order to placate the anti-Lack lobby, but others question the possibility of that ever happening - with some arguing that Schmidt-Holtz and Lack have too different a management style to work alongside each other on a day to day basis.

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