Word: emi
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Bronfman says the company (and presumably his image) has turned the corner. The music division, led by bands such as No Doubt and the Wallflowers, is performing well, and Universal is exploring the purchase of EMI, the British music label. His investment in another media company, Time Warner (TIME's parent company), has paid off. In February, Bronfman sold 15 million Time Warner shares for $64.38 each, or about $965 million, nearly double what he paid for them. Universal expects to open new theme parks in Florida and Japan in the next few years. When it comes to movies, however...
...many of the studio's greatest hits. Spielberg isn't the only holdout. Paramount and Fox have also steered clear of DVD, while Disney has yet to commit any animated classics to the format. It isn't the first time major content providers have resisted new technology: Capitol-EMI refused to put out any Beatles titles during the early years of the compact-disc revolution...
...natural to wonder how Ma stacks up next to his most celebrated predecessors, Pablo Casals and Mstislav Rostropovich (both of whose complete sets are currently available on EMI). Casals' classic performances, originally recorded between 1936 and 1939, have a sober grandeur that continues to seize and hold the ear six decades later; the Rostropovich set, recorded in 1991, is a larger-than-life exercise in musical oratory that bears the same relationship to "normal" cello playing that one of Chuck Close's jumbo portraits does to a black-and-white snapshot. Ma's strong, sensitive playing falls somewhere between these...
...when Brooks' record label, EMI, announced in May that it was closing its New York office, and, in the process, getting rid of some of the people he had depended on over the years to market his albums, Brooks decided to withhold his new record indefinitely. Jimmy Bowen, a former head of EMI-Capitol Nashville who worked with Brooks before leaving his post in 1995, predicts the singer will iron out his differences with the label in time to get the CD out by late fall. Says Bowen: "Nobody wins if [Brooks] keeps it in house, including...
...helped pioneer rock-funk fusion is attempting a comeback. Having extricated himself from his contract with Warner Bros. Records (a pact he so despised he started writing slave on his cheek), the Artist is releasing a triple CD titled Emancipation, the first in his new deal with EMI. While the album's overall import falls well short of that of the 13th Amendment to the Constitution, it does have its moments...