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...Still, don't assume private equity chiefs can't work fruitfully in the creative industries. Since Permira, another leading U.K. private equity firm, took a majority stake in ALL3MEDIA in 2006, the British TV production company has been performing well, says Rob Donaldson, head of private equity at consultants Baker Tilly in London. A bigger worry for EMI: the publicity generated by the shakeup pushes more artists to withhold their music. "It's difficult for artists to invest in a company going through such change," says one record industry exec. "Will the A&R man who believes...

Author: /time Magazine | Title: Big Cuts Planned at EMI | 1/15/2008 | See Source »

...already filed a defamation suit. Moreover, Clemens is not the only player who has challenged the report. Lesser lights like ex-outfielder David Justice, relief pitchers Mike Stanton and Brendan Donnelly and others have also disputed the report's claims. Sure, since these players have smaller reputations at stake, their denials weren't as loud as Clemens'. But if one player like Clemens deserves a chance to try to clear his name, don't all the players? "I do not think it's fair to call one or two players," says Shays. "If we're going to call in players...

Author: /time Magazine | Title: Congress's Wild Pitch on Steroids | 1/14/2008 | See Source »

...speech was designed to stake Blair out as a man capable of taking the E.U. to the same place his supporters say he brought Britain: the fabled "third way" between costly welfare states, and unfettered, even savage market forces. In a recently expanded Europe where attitudes in its older members, such as France with its generous social security systems, often clash with newer entrants with far less protection as with Latvia, the promise of Blair finding common ground as he often did in Britain will be inviting to many people. Elsewhere, however, he'll find hostility to his vision...

Author: /time Magazine | Title: Blair Weighs Up EU Presidency Bid | 1/14/2008 | See Source »

...mirroring violence across the country. Few seemed to care whether Kibaki and his tribe would fight back. "If there's civil war, it is the Kikuyus who will lose," says Titus Odiambo, a Luo fish trader. "It's their buildings that will burn. We don't have anything at stake." Some Kikuyu gangs struck back, but tens of thousands simply fled to the central highlands, where they are the majority tribe...

Author: /time Magazine | Title: The Demons That Still Haunt Africa | 1/10/2008 | See Source »

...that the Golden Knights and Harvard are in a three-way tie for first in the ECAC, along with Princeton, even more is at stake, as the Crimson tries to recover its early-season momentum...

Author: By Courtney D. Skinner, CRIMSON STAFF WRITER | Title: Harvard Seeks First Victory of New Year | 1/10/2008 | See Source »

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