Clive Davis No Longer Chairman Of BMG



In a shake-up that reflects the new realities of the music business, the renowned hitmaker Clive Davis is making way for a younger executive known for having an ear toward the pop charts but also an eye on controlling costs.

Producer Clive Davis and singer Usher, right, arrive at the 32nd Annual American Music Awards at the Shrine Auditorium in November 2004.

On Thursday, Sony BMG Music Entertainment said that Mr. Davis would give up his corporate role as head of its BMG division and control of its RCA Label Group for a new creative post.
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