Clive Davis Steps Down

Clive Davis is stepping down from being the Sony BMG Music Group CEO and will reportedly take on another creative role at the label. Barry Weiss, chief of the company's Zomba Label Group, will take on Davis' former position. Over his 50 plus year career, Davis has served as the president of Columbia Records and founded both Arista and J records. He was inducted into the Rock and Roll Hall of Fame in 2000.