Word: label
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...Lapalco, Benson sounds very much as he does in performance. The music runs far and wide from meditative to exuberant, driving to wispy, and at his heart, Benson exemplifies a kind of perpetual garage-band spirit but he manages to leave behind the negative baggage associated with that label. Neither Benson nor his rhythm guitarists ever take solos and stray away from founding chords in performance or on the album, but this is one damn good garage band. Benson Benson is a much better than average vocalist, his licks are compelling, and his experimentation within the garage idiom so refreshing...
When Alain levy was executive vice president at PolyGram records in 1989, a representative for Island Records came to see him with an offer to sell the independent label for $300 million. Levy knew that Island?s roster of popular acts, including U2 and Bob Marley, could boost PolyGram?s efforts to build market share quickly. But there was a caveat: if Levy wanted the deal, it had to be inked before the agent left the premises. Business executives negotiate for weeks, even months, before spending that kind of money. Not Levy. By 1 a.m., the deal was sealed...
...latest job will require all the business acumen and musical sense the 55-year-old Frenchman can muster. Since October he?s been chairman and CEO of recorded music at EMI, a venerable British label with a roster that includes the Beatles, Frank Sinatra and Radiohead. Despite those assets, the company?s market value of $3.5 billion is about 40% lower than a year ago. It recorded a net loss of $76.9 million in the first half ending Sept. 30 on sales of $1.5 billion, down nearly 7% from the previous year...
Levy is expected to announce next month measures designed to trim costs by at least $92 million by either dumping manufacturing and distribution operations or rolling them into joint ventures with other labels. Poor performing artists aren?t secure, either, including such legends as Mick Jagger and Paul McCartney. Last month, EMI gave pop diva Mariah Carey a $28 million payoff to free itself from the $80 million contract it signed her to last year. Carey, whose 1993 album Music Box sold 24 million copies, could only generate sales of 2 million for her first and only EMI release, Glitter...
...mind - a project that could turn Gitmo, until last month a neglected Caribbean naval station, into a key military Alcatraz. "We're going to be in this sort of thing for a long time," said Alaska Senator Ted Stevens. And that includes, it seems, the disagreement over how to label these prisoners as well as house them...