Sony relied too heavily on X Factor, Gatfield admits
Sony Music UK chairman and CEO Nick Gatfield has admitted that the major label became too reliant on its joint venture with Simon Cowell’s Syco and its X Factor TV show.
Gatfield called the show a “phenomenal pipeline of talent” but said that too much of a focus on X Factor caused the major to ‘take its eye off the ball.’
“Every one of our competitors would want the platform that The X Factor delivers,” Gatfield told CBI.
“We ...
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