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| Mottola Resurrects Casablanca | ||
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Label exec jumps to Universal for new venture Tommy Mottola will revive disco cornerstone Casablanca Records in a new venture with Universal Records. The move follows Mottola's departure from Sony, where he had worked for fourteen years, five of which he spent as the company's CEO. Casablanca Records was launched in 1973 by Neil Bogart, a purveyor
of bubblegum pop in the Sixties. Bogart's label became a Seventies Mottola plans to the use the new Casablanca, resurrected in name only,
Mottola announced that he was stepping down as Sony's chief executive in January, amid the label's slumping sales. Initial plans were for him to launch a new venture within the label. "I have looked closely at the many opportunities which have been
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