Word: warners
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...Time Warner is cutting costs partly...
...Armed Services GOP chair: John Warner, Virginia Democratic chair: Carl Levin, Michigan Effect of change: Levin?s interest in frugality could mean trouble for Bush?s defense budget...
...times so perfectly they help to define their eras. The world woke up to Japan's intention to conquer the global economy when a Japanese company purchased Rockefeller Center in 1989. Internet upstart AOL signaled the rise of digital by buying last century's media giant, Time Warner, owner of this magazine. China and Taiwan now have their epochal deal, signed by scions of wealth and privilege from either side of the Taiwan Strait. Winston Wong, the estranged son of Taiwan's most colorful executive, has gone into business with Jiang Mianheng, the low-profile son of Chinese President Jiang...
...crew members on a British Airways flight. (Buck issued an apology and faces a court date on June 18). Yet despite aborted breakups and possible breakdowns, R.E.M.--arguably the most influential rock band of the '80s and '90s--is poised for fresh success. The trio's new album, Reveal (Warner Bros.), is its best since its 1992 megahit, Automatic for the People. "With the exception of U2, there's no one who has stayed together and stayed relevant for as long as we have," says Stipe. "We can't possibly compete with Limp Bizkit and Britney Spears, and I have...
Nonetheless, here are the boys of R.E.M.--Buck, Stipe and Mills--all lined up like talk-show guests in the offices of Warner Bros. Records. Stipe's bald, Buck's a little paunchy, and Mills has that unsettling Bob Costas thing going on where he appears both boyish and middle-aged. Great rock groups don't usually stick around for the gray hairs to come in; they're supposed to burn out, fade away, hey hey, my my, well whatever, never mind. In fact in 1998, when R.E.M. was finishing its last album, Up (its first without original drummer Bill...