Word: warner
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Dates: during 2000-2009
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Napster has been meeting with the big labels steadily, but except for the deal with Bertelsmann, it has not yet got to yes. Richard Parsons, co-chief operating officer of AOL Time Warner, a major music distributor (and parent company of TIME), told reporters earlier this month that he had yet to see an acceptable business model from Napster...
...After a couple of hours wandering the Moroccan-themed rooms it was time to decamp for the Warner Bros. party, which is traditionally one of the night's finest events. This year's party was held in vast tents in a downtown film studio. The drinks were served in glass, the roast beef and three genres of chicken were on china, and the dessert tent boasted tarte Tatin. The stars of the Warner music family were in more obvious attendance. There were more of those concentric circles. At the center of one you could discover Mark McGrath, the singer with...
...crowd at the Warner party skewed a little older than the brasher EMI contingent, and seemed less dressed-down, which is nearly as good as being more dressed-up. In the music industry it is apparently a sign of caring too much if one is too well-dressed for an important occasion. Wandering around I bumped into Paul Simon, who was looking most casual both sartorially and in terms of his entourage, which was almost nonexistent...
...these prices. As Richard D. Parsons, co-chief operating officer of AOL Time Warner (owner of Warner Brothers Music and this writer), Napster's proposal "doesn't solve the immediate problem" for an industry still pulling in $35 billion to $40 billion in annual sales, even swimming against the technological tide. The $1 billion proposal, Parsons told the New York Times, "does not strike me as being in the ballpark...
...Time Warner Inc., announced in April of last year that the corporation would endow a professorship for the study of black music...