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Since then, Interscope's sales have nearly tripled, to about $340 million this year. A hefty portion of those sales was spun off by its hugely profitable rap subsidiary, Death Row Records, whose owner, Suge Knight, is in prison and whose biggest star, Tupac, is dead, victim of a gangster-style rubout as he rode in Suge's BMW. Facing this kind of continuity problem, Iovine and Fields started focusing the company's resources on nonrap acts, and the shift is paying...

Author: /time Magazine | Title: A SOUND REBOUND | 11/10/1997 | See Source »

Interscope still has a management problem with Death Row Records, given that the label's president, Knight, isn't making many meetings from his jail cell in San Luis Obispo. Suge is doing nine years on parole violations for stomping a man in a Las Vegas hotel shortly before Shakur was gunned down. A few weeks later, the Los Angeles Times reported that the fbi was investigating allegations of organized crime at Death Row. Then, in April, Shakur's mother Afeni sued Death Row over money allegedly owed her son. She won several million dollars and control of Tupac...

Author: /time Magazine | Title: A SOUND REBOUND | 11/10/1997 | See Source »

...spotlight in the campaign-finance inquiry shifts this week to a $1 million payment that lobbyist and close Al Gore ally PETER KNIGHT received just weeks before he left his firm to manage the Clinton-Gore campaign last year. The source of the payment was Franklin Haney, a Chattanooga developer and longtime Gore supporter, who last year became involved in a controversial Washington building project called the Portals...

Author: /time Magazine | Title: CAMPAIGN-FINANCE REFORM | 11/10/1997 | See Source »

...investigators suspect, may be linked to Haney's securing a highly unusual agreement committing the Federal Communications Commission to a long-term lease at the Portals. The deal came after years of squabbling in the courts and Congress. Investigators say Knight, who is a friend of FCC chairman Reed Hundt, billed the $1 million in January 1996, the same month the agreement was signed, though the check came in April. Knight is scheduled to testify this week before the House Commerce Committee about several of his lobbying efforts for clients who also donated to the Democratic Party; Haney gave more...

Author: /time Magazine | Title: CAMPAIGN-FINANCE REFORM | 11/10/1997 | See Source »

...deep are the Golden Knight blueliners that Coach Mark Morris bumped Buddy Wallace up to forward. Then again, with only three seniors returning up front, youth will indeed be the watchword of the Clarkson offense. Chris Clark, who tallied a respectable 34 points last year, will be forced to shoulder the majority of the offensive burden...

Author: By Rebecca A. Blaeser, | Title: ECAC HOCKEY | 11/7/1997 | See Source »

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