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That is an incredible and somewhat ironic financial feat for the man known as the Boss, a Freehold, N.J., native who learned how to play the guitar by listening to the radio. In the eleven years since he first gained national attention, the bus-driver's son and blue-collar rock poet who sings of hard times, dying towns and stubborn dreams has become much more than a legendary performer. Bruce Springsteen, 37, is one of the most potent money-making machines in the history of entertainment. His earnings possibly eclipse even Michael Jackson's income, which derives from records...
Even if he never cut another record or played any more concerts, Springsteen would go on earning substantial income as long as his songs are popular. As writer and music publisher, he earns royalties whenever his tunes are played on the radio, as music videos, in jukeboxes or by other performers. According to Gloria Messinger, managing director of ASCAP (the American Society of Composers, Authors and Publishers), which tabulates the airplay of songs and collects royalties for writers and publishers, Springsteen may ultimately earn more than $1 million in such fees from the songs on the Live album alone. Says...
DIED. Horace Heidt, 85, Big Band leader of the 1930s and '40s whose Musical Knights beguiled radio fans with such hits as Hut Sut Song and Ti-Pi-Tin; of pneumonia; in Los Angeles. His talent shows (Pot o' Gold, Youth Opportunity Program) launched the careers of Art Carney, Gordon MacRae and Al Hirt...
...other night, Diana's son Charles ran home crying in terror after missing his ride from class. When he arrived, Diana had already phoned the police. "I was crying my heart out. A child has to be home at a certain time," Diana recalled. Even before nightfall, when radio rhythms are punctuated by gunshots, children cannot play outside. A neighbor child, Angela Grant, 6, has never once frolicked in the play area by her apartment building because fighting frequently breaks out there. "She knows," says her mother, Sonja Grant, 26, "that she's never going across that battlefield...
...Within hours of Chavez's announcement ending the Central Bank's autonomy, the 84-year-old Maza, whose term as a Bank director will expire in a matter of days, disputed the decision on television and radio interviews that are known for being highly critical of the president. "I consider it my duty," he said later, listening to classical music in his office. "I am a man of principles. It's my responsibility as director and as a Venezuelan to defend the autonomy of the Central Bank...