Word: emi
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...coup that year when it paid $125 million to buy CBS's music-publishing division, which held the rights to more than 200,000 songs ranging from Over the Rainbow to the score from Hair. Less than three years later, SBK turned around and sold the catalog to Thorn EMI, the British entertainment giant, for $295 million. As part of that deal, EMI gave $30 million to Koppelman and Bandier (Swid had left to start his own firm) to start a record division. The joint venture allows SBK to keep its discoveries on its own label, which is distributed...
...that void should ever become vacant, lots of candidates are waiting to fill it. "You can't take the New Kids and make a clone," warns Capitol Industries-EMI president Joe Smith. But Starr and Scott are way ahead of him. Starr's 12-year-old son is opening for the New Kids as part of a trio called the Perfect Gentlemen, whose debut album is titled Rated PG (Senator Helms, take note). We may also look forward to the re-emergence of Tiffany, whose album and merchandising are now being handled by Scott. "We'll try to follow...
...that society police every nightclub and root out every raunchy record from store shelves. There will always be filth on the fringes of entertainment. The problem arises when filth becomes mainstream, when it is mass-marketed. A few giant corporations, including Disney, Fox, MCA, Paramount, Time Warner, Britain's EMI, West Germany's Bertelsmann and Japan's Sony, produce a huge proportion of our children's entertainment. Many parents feel that these companies should take the lead in setting the standards for everyone...
Geffen had considered a sale to Time Warner, the current distributor of Geffen Records, or Britain's Thorn EMI. Though MCA paid a premium for Geffen's Top 40 talent, the company gains needed clout in the booming record business -- adding pop-rock power to its strong roster of black and country artists. At least in the music business no one is talking about "labels for less...
...pretty soon, we're all going to need C.D. players because record companies like Warner Brothers and EMI are beginning to phase out the titles available...