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Jheryl Busby

From Wikipedia, the free encyclopedia
American music industry executive
Jheryl Busby
Born
Jheryl Busby

(1949-05-05)May 5, 1949
DiedNovember 4, 2008(2008-11-04) (aged 59)
OccupationsRecord producer,record executive
Years active1970–2008
Musical artist

Jheryl Busby (May 5, 1949 – November 4, 2008) was anAmerican recording company executive who was the former president and chief executive officer ofMotown Records.[1]

Biography

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Busby grew up inSouth Central Los Angeles, where he went toJohn C. Fremont High School. He attendedLong Beach State College,dropping out after two years.[2]

Busby began his business career atMattel Toys, starting as an inventory clerk and ultimately being promoted to new-toy coordinator.[3]

His first exposure to the recording industry was atStax Records, where he was named head of West Coast promotion and marketing, After leaving Stax, he did promotional work forA&M Records andCasablanca Records.[4]

AtMCA Records, where he was hired in 1984, Busby was vice-president of the black music division building the unit largely from scratch, promoting established acts such asPatti LaBelle and helping to discover and market acts including family bandThe Jets,Jody Watley,Bobby Brown andNew Edition.[5] By the mid-'80s, the division's sales reached $50 million and was top-ranked for years in black album sales.[6] By 1988, Busby was president of the black music division at MCA, and his business unit led the industry in black album sales.[4]

When Boston Ventures andMusic Corporation of America boughtMotown Records fromBerry Gordy in June 1988 for $61 million, Gordy stipulated that 20% of the firm be retained by African-American investors; Busby purchased an unspecified stake in the firm. Busby moved to Motown Records in 1988 as the company's President & CEO in 1988. Annual sales for Motown had dropped to $20 million (from a peak of $100 million, at Motown's height), with 60–70% of sales coming from sales of its old hits. Busby fostered the growth of younger talent, includingAnother Bad Creation,Boyz II Men,Johnny Gill andQueen Latifah. In early 1989, he was able to signDiana Ross back to Motown after she left forRCA Records in 1981.[7] Busby retained artists such asLionel Richie,Smokey Robinson andStevie Wonder, and helped create hits from them and for Ross.[3] WhenPolygram Records bought Motown for $301 million in 1993, Busby was retained as president.[8] By 1990, the label had five songs reach number one on the R&B charts.[6]

Busby was appointed head of the black music division atDreamWorks Records in 1998.[9] He left DreamWorks in 2001. He was named president ofDef Soul Classics in 2004. Umbrella Recordings, which he created with producerMike City, released theCarl Thomas albumSo Much Better in 2007 andPatti LaBelle'sThe Gospel According to Patti LaBelle, her first gospel album.[4]

Busby was a major shareholder along withJanet Jackson andMagic Johnson in the nation's first African-American-owned national bank, Founders National Bank, and served on the bank's board of directors.[4][10]

Busby died at the age of 59 on November 4, 2008. He was found dead in the hot tub of his home inMalibu, the cause was later confirmed to be accidental drowning, it is believed preexisting medical conditions including "atheroscelerotic cardiovascular disease" and "diabetes mellitus may have contributed to the drowning.[1]

References

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  1. ^abStaff."Ex-Motown CEO Jheryl Busby dies at 59"[permanent dead link],Associated Press, November 4, 2008. Accessed November 5, 2008.[dead link]
  2. ^Ginsberg, Steve."Busby sets new beat for Motown; president Jheryl Busby composes visionary business plan for...",Los Angeles Business Journal, June 7, 1993. Accessed November 4, 2008.
  3. ^ab"Record Exec Jheryl Busby Has Passed Away"Archived 2008-12-23 at theWayback Machine, Urbannetwork.com, November 4, 2008. Accessed November 4, 2008.
  4. ^abcdMitchell, Gail."Former Motown president/CEO Jheryl Busby has died. The veteran label executive passed away today (Nov. 4). Details about the cause of his death are forthcoming. The Los Angeles native was 59 years old."Archived 2008-11-07 at theWayback Machine,Billboard, November 4, 2008. Accessed November 4, 2008.
  5. ^Noland, Claire."Los Angeles Times Obituaries",LA Times, November 6, 2008. Retrieved September 7, 2009.
  6. ^abHevesi, Dennis."Jheryl Busby, 59, Reviver of the Motown Label, Dies",The New York Times, November 7, 2008. Accessed November 8, 2008.
  7. ^Stevenson, Richard W."Putting Motown Back on the Map",The New York Times, February 18, 1989. Accessed November 4, 2008.
  8. ^Fabrikant, Geraldine."THE MEDIA BUSINESS; Polygram Records to Buy Motown",The New York Times, April 4, 1993. Accessed November 4, 2008.
  9. ^Faison, Datu."Noteworthy: Jheryl Busby Moves To Dreamworks",Billboard, March 14, 1998. Accessed November 4, 2008.
  10. ^Staff."Completion of Landmark Merger Creates America's First African-American-Owned National Bank",Business Wire, May 2, 2001. Accessed November 4, 2008.

External links

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