Word: mca
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Dates: during 1980-1989
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...years ago, was shopping the company around. No one was dancing in the streets about that idea, since Motown ranks as one of the largest black-owned businesses in the U.S. But last week Gordy announced that he would sell it to the Los Angeles- based entertainment conglomerate MCA and a group of private investors for $61 million...
...MCA will get the valuable catalog of hits by such artists as the Supremes, along with a roster of still working stars including Stevie Wonder and Smokey Robinson. Gordy, 59, will retain ownership of the sheet-music rights and the film division...
...PHANTOM OF THE OPERA; JESUS CHRIST SUPERSTAR (MCA). The cat's meow: Paul Gemignani and the Royal Philharmonic Pops step lively through starlit arrangements of Andrew Lloyd Webber's megamusicals...
...million in 1986), and 3.3 billion were rented (up from 2.2 billion the year before). Newly minted cassettes of Hollywood classics are flooding the stores, and TV ad campaigns now alert buyers and renters to the release of recent hits. Notes a bullish Louis Feola, senior vice president of MCA Home Video: "There is a generation of kids growing up who do not remember life without a cassette...
...titles available in America. "We say, 'Got a turntable at home? That doesn't record either.' " Despite its clear technical superiority and the fact that movies on disc often retail for 50% less than tape, laser still went for a rough ride in the marketplace. Both RCA and MCA pulled the plug on their separate videodisc ventures in the early '80s, which led consumers to the misconception that the technology had gone bust. Pioneer Electronics, which manufactures virtually all the laser players sold in the U.S., soldiered on alone, going into the software business as well, but discs remained mostly...