Is Sylvia Rhone Headed to Sony to Restart Portrait Records?
Is Sylvia Rhone Headed to Sony to Restart Portrait Records?

It's official: As speculated by Billboard.biz yesterday, Sylvia Rhone has left her post at Universal Motown -- but she may not be leaving Universal Music Group. According to sources, Rhone is still waiting on the final details of a new position and to-be-created company that the Universal Music Group is offering her, according to sources.

When that offer is solidified, she will decide whether or not to stay with the company.

In the meantime, UMG will begin interviewing candidates to replace Rhone, although what title that person will get depends on the qualifications he or she brings to the job. With Barry Weiss serving as the chairman/CEO of Island Def Jam and Universal Motown Republic Group, it is not clear that the replacement will hold the title of president, insiders say.

"They are searching for someone to bring in in a senior creative role," says one UMG insider familiar with the situation. "If it's someone that's really creative-oriented, then it might be a different title, but if they find someone creative" with business qualifications, then it could be president.

In the meantime, GM Pat Monaco will continue to oversee the day-to-day operations of Universal Motown.

In a statement, the company said, "We remain committed to [Motown] as a strong presence in the contemporary music scene. We will soon announce important additions to the staff and will further invest in building its artist roster so Motown can continue to bring to market the highest quality music that is best positioned to succeed artistically and commercially."

As for Rhone, the statement continued, "We're thankful to Sylvia for her contributions. We continue to be in discussions with her on how and where she can best utilize her skills and relationships in the multiple rights arena in which UMG continues to expand."

Questions? Comments? Let us know: @billboardbiz

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