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LABEL: WARNER BROS...
...since Sanford Weill sold Shearson Loeb Rhoades, the brokerage firm that he created, to American Express in 1981, he has longed to regain control of the company. After several failed attempts, Weill finally hit pay dirt when Primerica Corp., where he serves as chairman, acquired financially ailing Shearson Lehman Bros. in a $1.2 billion deal that ranks as the largest in the history of the securities business...
...recording industry has quickly responded by putting software onto the market. Major record labels such as Warner Bros., Atlantic and GRP, a leading jazz house, have produced about 600 DCC titles and 350 minidisc titles featuring such artists as Bon Jovi, Natalie Cole and R.E.M. By comparison, music buyers had only about 20 titles to choose from during the CD player's rookie year on the market...
WHEN THE SONG COP KILLER, BY RAPPER ICE-T'S group Body Count, brought the wrath of police -- not to mention Charlton Heston and Oliver North -- down on Warner Bros. Records and its parent company, Time Warner, the entertainment giant defended its artist's right to free expression. But it began taking a harder look at its albums, rejecting, for example, the work of the rapper Paris...
That tougher scrutiny has now sidelined Ice-T himself. Last week Warner Bros. said he had agreed to leave the label because of "creative differences." By all accounts, the dispute centered on the cover art for the album Home Invasion, which Ice-T was scheduled to release in March. The cover Ice-T proposed reportedly showed a white teen listening to music on headphones and imagining black men attacking whites. Warner Bros. preferred a plain, solid-blue cover with only the album's title...