(CelebrityAccess MediaWire) — In a memo from CEO Rolf Schmidt-Holtz sent to the employees of RCA Label Group (RLG) and Sony Music Nashville, plans to merge the two operations were revealed, according to Billboard.biz.
The RCA Label Group, which was acquired by Bertelsmann in 1986 has been operating as a separate entity since the Sony-BMG merger took place but Sony-Nashville staff had moved into RCA's building last year.
Joe Galante will stay on as Chairman, but the fate of Sony Music Nashville's John Grady and other staff have not been revealed.
Schmidt-Holtz wrote in the memo that the company is "combining the resources of its two Nashville operations in order to create a single powerhouse entity, which will be known as SONY BMG Nashville. With this move we will be better positioned to intensify our efforts in the areas of A&R and artist development, and to meet the challenges of a constantly evolving and highly competitive marketplace." – CelebrityAccess Staff Writers