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Thyret To Resign As WB Records Chairman


Russ Thyret is expected to resign as chairman of Warner Bros. Records next month, making it the first hit in the anticipated shakeup at the music group. The departure of the 30-year Warner Music veteran has been grist for the rumor mill since last summer. The writing on the wall got clearer when it was leaked that Interscope Records president Tom Whalley had been hired as chairman of Warner Bros. Records, even though he won’t arrive until January because Interscope won’t let him out of his contract. Warner Bros. Records president Phil Quartararo is in line to run the show… Read more »

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Steely Dan Upsets Eminem At Grammys


Pop veterans Steely Dan had a surprising run Wednesday night at the 43rd annual Grammy Awards, taking home three awards for “Two Against Nature” and the single “Cousin Dupree.” Steely Dan’s first album of new material in two decades earned album of the year trophy, besting Eminem’s “The Marshall Mathers LP” and albums by Paul Simon, Radiohead and Beck. Released by the Warner-distributed Giant, it also earned prizes for pop vocal album and for best engineered album. U2, whose “Beautiful Day” single was released at the very end of the eligibility period of Oct. 1999 to Sept. 30, 2000, walked… Read more »

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Springsteen Shows Set For TV Broadcast


Bruce Springsteen and the E Street Band have appeared at a lot of venues in their decades performing together – but this spring will see the Boss and his posse bringing their live show to a venue they’ve never visited before: television. Two of the classic rock act’s shows at New York’s Madison Square Garden last summer will be broadcast April 7 on HBO, the cable station announced today. This marks the first time that a concert by Springsteen and the E Street Band has been broadcast on the tube. The special was taped at the final two concerts –… Read more »

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Ted Field Leaving Interscope


Interscope Records founder Ted Field has ankled the label he co-chaired for more than a decade to start his own record label and continue in his film endeavors. Field’s parting, which comes a year before the expiration of his contract, is nevertheless said to have the blessing of Interscope co-chairman Jimmy Iovine and Doug Morris, chairman of Interscope parent Universal Music Group. Iovine will run Interscope on his own. Field said he is in the process of raising money to start his new record label, adding that it is “very possible” he will seek to team with Universal for a… Read more »

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