But even legends have off days. Davis, most recently CEO of BMG Label Group – has been bumped up, pushed sideways, demoted, depending on your view – to the position of Chief Creative Officer for Sony BMG Worldwide, the label’s parent company.
Writers point to the departure of Davis’ long-time right-hand man Charles Goldstuck, who was president of BMG, as a sign that an era of ‘regime change’ is sweeping through 550 Madison Avenue.
In the meantime Barry Weiss, a long-time Zomba label exec, will fill Davis’ shoes. He most recently has overseen the careers of Justin Timberlake, Britney Spears and R. Kelly.