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...sales period. As he entered, he turned off the lights, leaving his executive team sitting nervously in the dark. He then paced around the room until finally uttering the words: "See that. Better get used to it. That's what it's like when you don't have any hit records...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

...Maurice Oberstein, a senior executive at CBS Records. His persistence was rewarded with a job in the company's artists and repertoire (A&R) division, hunting for new songwriters and building their careers. Soon after, he moved over to RCA to do the same job and scored his first hit single in the U.S. - Olivia Newton-John's "Heart Attack," which was written by a Briton he had signed, Paul Bliss...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

...expanding Universal Music's operations, he wants to turn it into a "content-owning rights company," which means developing television and film formats to vie with the two Simons' TV franchises: Fuller's American Idol and Cowell's soon-to-be-arriving X Factor, which is already a big hit in Britain. Among Universal's television projects in Britain is a show called Popstar to Operastar, which features Meatloaf as a judge of La Scala wannabes. And on the theater front, Universal is backing Judy Craymer, the producer of the stage and film musical Mamma Mia!, in her efforts...

Author: /time Magazine | Title: Will Universal Music's New Boss Keep the Hits Coming? | 3/3/2010 | See Source »

...large wave crashed into the Juan Fernández islands in the Pacific Ocean, killing at least eight people and leaving another eight missing, the Chilean emergency office said. Local reports suggested that many fishing villages on the mainland had also been hit by the wave. A warning could have allowed villagers on the coast to flee to higher ground. "The truth, even if it hurts, [is that] a division of the navy made a mistake," Defense Minister Francisco Vidal told reporters. He blamed the navy for not issuing a tsunami warning after the Feb. 27 earthquake rocked the South...

Author: /time Magazine | Title: Chile's President: Why Did Tsunami Warnings Fail? | 3/2/2010 | See Source »

Bachelet, however, offered a different account, telling TIME that local firefighters had warned residents to evacuate after a strong quake in a simulation exercise two weeks before last weekend's tremor hit. "When I was in Constitución [a town north of Concepción on the coast], they told me that two weeks earlier, the local firefighters ran an earthquake rehearsal," she said. "They taught the population that if they could not stand up while it was trembling, it meant they had to go up into the hills because there was the possibility of a tsunami...

Author: /time Magazine | Title: Chile's President: Why Did Tsunami Warnings Fail? | 3/2/2010 | See Source »

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