Word: murdoch
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...show-biz guns. He shelled out $10.4 billion for Polygram music in 1998, making his family's 76-year-old liquor business look like a sidelight. Bronfman has since been shopping his empire to the usual mogul suspects: Viacom CEO Sumner Redstone and News Corp. founder Rupert Murdoch, among others...
...Belle and Sebastian was named after an obscure French children's cartoon. The band turned down major labels and big-money offers to sign with tiny London-based Jeepster (it's distributed in the U.S. by Matador), and all seven members have kept their day jobs, including Murdoch, who rather famously lives above the annex of a church where he works as a caretaker and janitor. Their videos are hilariously amateurish. They release unrelated EPs weeks before their albums come out. They tour infrequently. And their media shyness is pathological; the photo you see here of Murdoch is the first...
...most part, it's old-fashioned pop music. Belle and Sebastian blends guitars, pianos, violins, cellos, horns and whatever else is lying around into the kind of sweet pop pioneered by the Beatles, Love and Phil Spector. Lyrically, chief writer and singer Stuart Murdoch, 30, favors mournful, Smiths-influenced rhymes about the adolescent frustration that comes from desperately wanting to do something but not knowing exactly what. He's clever, but it's Murdoch's quavering falsetto that is the band's trademark. Earnest and prematurely wise, his vocals mix angst and nostalgia with a hint of optimism...
...scenario, in 1975 the regulators at the Federal Communications Commission stepped in and made a decree: No one entity may own more than one news outlet in any city, and no company may own more than one broadcast network. Such rules, for example, led to media mogul Rupert Murdoch being obliged to divest himself of the Boston Herald in the early '90s as a condition of his purchase of Fox's Boston affiliate...
...current regulations would be forced to sell off holdings in major markets, such as New York and Los Angeles, if it wants to go through with its proposed acquisition of publishing giant Times Mirror. Not that Tuesday's report was a virtual Christmas in May for every media company; Murdoch's Fox, apparently outraged at the FCC's refusal to revise regulations keeping any company from reaching more than 35 percent of the national audience, stormed off to court and filed suit against the agency. Fox reached its limit some time ago, and has been champing at the bit ever...