RUMOR MILL
Friday, August 18, 2000
THROUGH THE WEEK, DARKLY
Rage at the Convention, FCC Approves Clear Channel/AMFM, Seagram Makes Money
A summary of the week's top stories, as brought to you by hitsdailydouble.com:
- RAGE PLAYS THE DEMOCRATIC CONVENTION: TWO SIDES OF THE STORY: Rage Against the Machine makes like Chicago '68, but the "medium cool" coverageproves partisan. (8/15)
- FCC APPROVES CLEAR CHANNEL/AMFM MERGER: Final road block is cleared to create the world's largest broadcasting monolith. Fun, fun, fun until daddy takes the license away. (8/16)SEAGRAM 4Q EARNINGS HIT HIGH NOTE: Vivendi's pricey acquisition sports reduced losses, gains in music division. (8/17)NELLY RULES THE ROOST: St. Louis rapper gives Universal Records its first chart-topping album in its history. (8/15)
- OLD FOLKS BUY RECORDS, TOO: The upper demo still frequents the retail sector, with Sting and Sykes leading the way. (8/17)
- CLIVE'S NEW RECORD LABEL… NO, REALLY: Yet another interim report on the legendary record exec's BMG-backed venture. (8/13)
- LIEBERMAN VS. HOLLYWOOD: The Democratic VP candidate goes up against Tinseltown's nabobs of negativity. (8/14)
- VIVENDI/SEAGRAM MERGER GETS GREEN LIGHT: Well, at least that's what edgar bronfman',390,400);">edgar bronfman',390,400);">Edgar Bronfman Jr. told us. (8/18)
- UNIVERSAL ACCLAIM: Universal/Motown Records Group celebrates its success with this totally self-serving puff piece. You're welcome. (8/15)
- SEX, DRUGS, ROCK & ROLL AND MEDIA OVERKILL: The story of a Washington D.C. DJ's Kafkaesque brush with the law. (8/17)
