Word: warners
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Dates: during 1980-1989
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Geffen started his own label, Asylum, in 1970 and became the leading purveyor of the California Sound. Among his artists: Linda Ronstadt and Jackson Browne. After selling Asylum to Warner Bros. in 1972 and running it for three years, Geffen spent an unsatisfying year as vice chairman of Warner's movie division. "I had to deal with bureaucracy and politics. It just didn't work," he explains...
Geffen wasted no time moving back into show business. In 1981 he started Geffen Records under an arrangement in which Warner Communications financed the fledgling company and distributed its products. As Geffen launched his second career, his colleagues noticed a difference. Says Mo Ostin, chairman of Warner Bros. Records: "David is still incredibly tough and ambitious, but he softened considerably after the cancer scare. He's far more concerned about people than in his previous incarnation." Before long, Geffen signed up the likes of Elton John, Peter Gabriel and John Lennon and Yoko Ono. He branched into theatrical ventures...
...LOBOS: LA PISTOLA Y EL CORAZON (Warner Bros.). Nine Mexican songs, contemporized but not homogenized by an ace rock band. Roots music for everyone to share...
...useful testing of the limits: of greed, of debt, of dealmaking. The resulting outcry may prove an effective regulating device. "In its own way, the deal has been typically American, where nothing is in moderation, including the enormous selfishness of management," notes James Bere, chairman of Borg-Warner. "It's touched a nerve. Sometimes we have to do things in extremes before we can put the total in perspective." Without that perspective, the wages of greed may be a less productive and ever more debt-ridden economy...
Brenner says that a Boston Phoenix reporter who has listened to a demo tape of these songs told him she thought "it was the best tape she'd ever heard." And recently, Warner Brothers Records solicited a tape...