As most of you know, Sony Music Entertainment is implementing a series of strategic, structural changes that are necessary to position the company for future growth,
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While these changes will result in the loss of some positions, we believe that they will also enable Sony Music Entertainment to effectively meet the challenges of a continually changing marketplace for music worldwide,
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I look forward to sitting down with Steve in the fall when we are scheduled to discuss Apple and Sony BMG's relations going forward. I think Steve has done a great job on behalf of the industry and in the months ahead we have lots of challenges to conquer together.
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As part of these changes, we are streamlining the management structure of the company both in the U.S. and abroad, and we are taking measures to more closely coordinate our marketing efforts around the world,
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has got two revenue streams one from our music and one from the sale of his iPods.
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