Word: rso
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Dates: during 1970-1979
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...wish fulfillment on a rear bumper, though. The owner of this Mercedes rates. In a time of phenomenal success for the record business (698.2 million albums, singles and tapes were sold for $3.5 billion in 1977), Al Coury, president, head honcho and chief dervish of Robert Stigwood's RSO Records, has taken a penthouse on top of the sales curve, even as his family stays snug in their San Fernando Valley tract house. "Yeah, I live in the same house I did when I was making $18,000 a year for Capitol," Coury says. "Who needs Bel Air? My kids...
They are the only ones. This year, RSO will sell more than $300 million worth of records. Al Coury spearheaded the runaway success of the Grease and Saturday Night Fever sound tracks, making them two of the alltime Top Ten albums. He insists that the Sgt. Pepper's Lonely Hearts Club Band sound track package will sell 4.6 million units. For 42 weeks of 1978, RSO albums occupied the top slot on the charts. During one of those weeks, the RSO logo?a benign, bright red castrated bull?graced the labels on three of the top five albums. During...
ERIC CLAPTON: 461 OCEAN BOULEVARD (RSO). Old Slowhand can still raise up a musical inferno, though now he leans more to swinging blues...