Word: exec
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Dates: during 2000-2009
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When Bronfman sold Seagram to Vivendi for shares of the French utility and telecommunications company's stock, he wasn't the only media exec seduced by an ill-considered merger; the wedding of Time Warner (parent of TIME) to AOL comes to mind. But that's not much comfort to the Bronfman clan, which has seen its stake shrivel (in part because of stock sales) from $6.5 billion to a little more than $1 billion. So where will Edgar Jr. get the money for his bid? Analysts say Universal Music Group could sell for about $7 billion, and the rest...
What's the appeal of the genre? Graduate student Ellen Jameson says painting puppies and sunsets with the kits she finds in New York City art-supply stores is "soothing. It's like a mindful meditation." Says marketing exec Jane Berk, who scours Los Angeles swap meets to find additions to her Western-themed collection of completed canvases: "They give you this comfortable feeling. When you are looking at them, you are transported back to Donna Reed time, when things seemed simpler...
...schizophrenia" and often battled the "devils inside [my] tortured soul." Still, the arrest was a shock to many who felt Spector had mellowed. "The last three years, he's been as straight as any guy could be," says his friend Marvin Mitchelson, the divorce attorney. Adds a music exec who knows Spector: "I would have expected this 20 or 30 years...
...Edwards' upbeat, breathy vocal comes through surprisingly carefree, suggesting she knows that too much tragedy--like a Road Runner cartoon--is its own brand of comedy. On One More Song the Radio Won't Like, the humor is unmissable, as Edwards sings of a cheeseball A.-and-R. exec, "Says he's got a strategy/I'm a test of his sanity...
...Ultimately, dakou may become obsolete. The industry is slowly moving toward selling music over the Internet, which neutralizes the risk of making too many CDs by eliminating manufacturing altogether. As one record-company exec says, "In the very, very near future, we'll be digitizing our catalog, and we won't be deleting titles anymore." But as long as discs survive, it's business as usual for China's dakou dealers...