Word on the street is that former Universal Motown president Sylvia Rhone is heading to Sony to restore the defunct Portrait label, where she would work closely with new Epic head L.A. Reid. The move would see new Sony Music Chairman/CEO Doug Morris reuniting Reid and Rhone, both of whom joined him at Universal in 2004 and left the company just months after his long-rumored departure from UMG was announced earlier this year. Rhone informed her former UMG bosses that she was turning down an offer for her own multi-rights company that would encompass touring, merchandising and publishing, among other ancillary revenue streams. Reid and Rhone will be sharing staff, since Portrait would not be a full-service label with its own promotion department. She doesn’t get along with L.A. at all. [Reid is] taking her reluctantly. While there has long been professional competition between the two, they were part of Morris’ team at Universal for many years, and Morris has been known for stability — many feel it is a major reason he was brought in to run Sony, which has been plagued by instability in recent years.