Word: houstons
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Youth culture may rule music, but Davis, 65, always seems to have the right spin on the future. The year that ended in June was Arista's best ever--$425 million in sales and 69 gold or platinum disks by artists from diva Whitney Houston to country star Alan Jackson. Davis has shown a few sharp moves on the business side too, making use of low-cost joint ventures to manage the financial risks, which allows him to take the musical risks needed to develop and sustain new talent...
NAME: "Sir" Charles Barkley OCCUPATION: Trash-talking hoopster BEST PUNCH: Said he was "disappointed greatly" that teammate Pippen wants to leave Houston after one season, particularly since "the Rockets went out of their way to get Scottie...
After an intensive, five-week training program over the summer, TFA places its 1,000-member-strong Corps into under-resourced schools in 13 different locations, from Washington, D.C. and Houston to rural Louisiana...
What?s another few hundred million when you?re talking about Texas football? Energy billionaire Robert McNair was oilman-frank about how he brought the NFL back to Houston ?- by going "higher than any reasonable person would go" with a negotiations-ending $700 million bid for a franchise. "We knew we differentiated ourselves," he said. Result? Two groups (one led by Hollywood power broker Mike Ovitz) that wanted to bring a team back to oft-abandoned Los Angeles are going home unhappy. And the price of a sports team ? which these days comes with the additional cost of the kind...
...have been his city?s fans. L.A. certainly had plenty going for it, namely television. With broadcast deals skyrocketing at least as fast as franchise fees, TV is the best source of the league?s long-term revenues, and Los Angeles is the nation?s second largest media market; Houston is the 11th. Both cities have shed teams in recent years ? the Oilers left Houston in 1996, and both the Rams (in 1995) and Raiders (in 1994) have found it too hard to make a go of it in L.A. But it was McNair that came up with $195 million...