Word: polygram
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...jettisoned Seagram's lucrative 24.2% stake in DuPont and used the proceeds to buy Universal. It didn't help that DuPont stock promptly doubled, as Seagram's own shares sparkled less than flat Champagne. Yet Bronfman stubbornly stuck to his 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...
...Scouting Report] Edgar Bronfman, Jr. is betting the farm on music. After paying $10 billion for Polygram, he has the world's largest record company, sizable debt and a bleeding balance sheet. A growing theme-park unit will help carry the load...
...massacre. But probably none of them have enough money to justify the time and effort of a suit. The victims might turn to bigger culprits. Victims of the Jonesboro, Ark., school killings have sued gunmakers, and victims of the Paducah, Ky., shooting are suing Time Warner and PolyGram, the maker of The Basketball Diaries, a movie in which a student imagines shooting his classmates...
...fact, EMI, a fierce rival of Philips in the classical market, is represented on 55 of the 200 discs, while tracks from Philips feature on only 38. "The collection was so comprehensive and definitive that no label wanted its artists to be left out," says Chris Roberts, president of Polygram Classics, which owns Deutsche Grammophon...
VERY BAD THINGS Starring Jon Favreau, Christian Slater, Cameron Diaz Directed by Peter Berg Polygram Films...