Punk pioneer Patti Smith and soul icon Aretha Franklin are threatening to leave Arista Records if 66-year-old label chief Clive Davis is ousted by parent company BMG, the Los Angeles Times reported. "If Clive leaves, I leave," Franklin said, according to the Times. BMG, Arista's parent company, is reportedly seeking Davis' retirement when his contract runs out June 30. According to published reports, the German company has a mandatory retirement age of 60 and is upset with Davis' failure to groom a successor. BMG Chief Executive Officer Strauss Zelnick released a statement Nov. 17 expressing his desire to "do right" by Davis.