03/18/2010 05:12 am ET | Updated May 25, 2011

Michael Lynton And Amy Pascal: Sony's Tracy-Hepburn Act

DAYS after Michael Jackson died last summer, an executive at Sony Music phoned Amy Pascal, the co-head of the company's movie studio, to tell her that the pop singer had left hours upon hours of rehearsal tapes for his planned run of 50 concerts in London. [...]

The Jackson deal was just the latest coup from a pair who are putting on a leadership display that is rare in any industry, outside of family-run businesses: a man and woman, equal partners, at the helm, and operating in sync. It has worked at Sony Pictures, say executives who know both people, because Mr. Lynton checked his ego after first being offered the job alone, while Ms. Pascal has put aside her resentment at not getting the chance to run the show herself after a long run at the studio.

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