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...major coup that year when it paid $125 million to buy CBS's music-publishing division, which held the rights to more than 200,000 songs ranging from Over the Rainbow to the score from Hair. Less than three years later, SBK turned around and sold the catalog to Thorn EMI, the British entertainment giant, for $295 million. As part of that deal, EMI gave $30 million to Koppelman and Bandier (Swid had left to start his own firm) to start a record division. The joint venture allows SBK to keep its discoveries on its own label, which is distributed...

Author: /time Magazine | Title: The Fast Track to Platinum | 8/6/1990 | See Source »

...wanted at least to be a thorn in the side of the community and remind them that mainstream is not the only way of thinking," Springer says. "I've gotten the feeling from people that what we're doing does add a dimension to the community that otherwise might not be expressed...

Author: By Terri E. Gerstein, | Title: Speaking Singly, He Invokes a Nation's Conscience | 6/7/1990 | See Source »

...that most of the moderate members of the HRC have withdrawn, Ackley and Anderson agree that the club will continue to move to the right in the future. Without internal dissension, the HRC may prove to be an even greater thorn in the side of Harvard's liberal majority next year...

Author: By Michael R. Grunwald, | Title: Taking a Sharp Turn Towards the Right | 5/7/1990 | See Source »

Geffen had considered a sale to Time Warner, the current distributor of Geffen Records, or Britain's Thorn EMI. Though MCA paid a premium for Geffen's Top 40 talent, the company gains needed clout in the booming record business -- adding pop-rock power to its strong roster of black and country artists. At least in the music business no one is talking about "labels for less...

Author: /time Magazine | Title: MUSIC: Top Dollar For Top 40 | 3/26/1990 | See Source »

...Kremlin conference on Friday, Gorbachev described the combatants as "a handful of militants, irresponsible adventurers and shadow economy dealers" and cast the conflict partly as an effort to undermine his policies. "Perestroika is like a thorn in their flesh," he said. "They are unable to launch a frontal attack on it, so they cling to tension on an ethnic basis...

Author: /time Magazine | Title: The Killing Zone | 1/29/1990 | See Source »

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