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Producer Richard Donner's Free Willy saved him. The 1993 Warner Bros. movie was a hit and was followed by an international public outcry, led chiefly by children, when it turned out that Willy in real life was Keiko, a sick and far from free whale. In January 1996, UPS helped pick up the tab for flying him in an ice-water-filled crate to a new home in Newport, Ore.--a $7.3 million pool, four times the size of the Mexican tank, with pumped-in, 37[degrees]F seawater deep enough to dive in. The pool was built with...
Fanning never intended to hijack the music industry. The idea for Napster just came to him as he was sitting in his dorm room at Northeastern University in Boston, hanging out with his bros, drinking a brew and listening to his roommate whine about dead MP3 links. Fanning, whose high school nickname was the Napster (a reference to his perpetually nappy hair), just shrugged. But he began thinking there might be a way to access files without going through a website. He had taught himself Unix programming between his junior and senior years at Harwich High in Cape...
Jazz pianist Brad Mehldau travels with giants. In the introspective and eloquent liner notes to his new album, Places (Warner Bros.), he writes of the chronic, insatiable longing he suffers for distant lands and offers a melancholy quote from Ralph Waldo Emerson: "The sad self, unrelenting...that I fled from...My giant goes with me wherever...
...commission's request, internal marketing documents and other evidence were provided by more than 60 companies, including Disney, Fox and Sony as well as Warner Bros. Films and Warner Music Group, both owned by Time Warner. After sifting through those, the FTC decided that the three industries often push violent product in places where young people are a large part of the audience. Though the report did not cite films or studios by name, it did find that R-rated films were advertised in high school newspapers, offered to teens through free preview screenings and advertised on programs watched heavily...
More mergers are surely on the way. Lehman Bros. and Bear Stearns, both independent New York investment banks, currently lack the capital to compete with rivals that are suddenly much larger. Even the giant Merrill Lynch could soon be forced into a deal - Merrill already has a $1 billion joint venture focused on newly affluent individual investors with Britain's HSBC, a huge financial holding company; if the two expand their partnership, the global reach of American banking could extend even further...