Goldman Sachs CEO won rights to Whitney Houston DJ remix through bank client: report

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Goldman Sachs CEO won rights to Whitney Houston DJ remix through bank client: report
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Solomon, who moonlights as an amateur DJ, recently won the rights to a deal allowing him to remix Whitney Houston’s “I Wanna Dance With Somebody.”

Goldman Sachs CEO David Solomon won the coveted rights to create a DJ remix of a classic Whitney Houston track with the help of one of the bank’s well-connected clients — even as he enlisted Goldman employees to help him manage his deejaying schedule, according to a report.

The Goldman boss reportedly enlisted the bank’s social media manager, Brandon Launerts, to help manage Solomon’s social media presence and to strategize with Payback employees who were looking for creative ways to promote new releases and DJ appearances by Solomon, the Times reported.Goldman has denied any impropriety and Solomon says he donates all proceeds from his DJ side gig to charity.

Mestel reportedly persuaded Pat Houston, the late singer’s sister-in-law and executor of her estate, to agree to the deal, which was approved by Sony Music Entertainment, according to the Times. Guillermo Page, a music and entertainment professor at the University of Miami Frost School of Music, told the Times: “When you’re dealing with someone of the stature of Whitney Houston, it’s very likely that they have some restrictions as to who can use the sound recording.”

Last year, Solomon apologized to the bank’s board of directors for playing a 2020 DJ gig in the Hamptons during the height of coronavirus pandemic lockdowns.A spokesperson for the bank told the Times: “The reporting is trying to assert that there is overlap or intermingling of David’s music activities and his role as CEO of Goldman Sachs.”

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