DISC MERGER READY TO SPIN.Byline: Phyllis Furman New York Daily News New York Daily News Morning daily tabloid newspaper published in New York City. It was founded in 1919 by Joseph Medill Patterson and his cousin Robert McCormick as a subsidiary of the Tribune Co. of Chicago. The first successful tabloid-format newspaper in the U.S. Universal Music chief Doug Morris is getting his giant house in order and will soon announce plans to combine it with soon-to-be acquired PolyGram polygram a tracing made by a polygraph. in an attempt to cut $300 million in costs from Universal's bottom line, industry sources said. Universal is expected to scale back or shutter (1) An opaque window that is moved in one direction to let light in and in another to close off the light. In fixed-lens cameras, one shutter often suffices for aperture and speed. some of the world's most famous record labels, including Mercury, A&M and Geffen, while laying off thousands. A Universal spokesman declined to comment. At the heart of Morris' merger moves is a reorganization of Universal Music into four major divisions, split between Atlantic and Pacific coasts. Jimmy Iovine James Iovine, (born March 11 1953, in Brooklyn, NY) is Chairman of Interscope Geffen A&M Records, whose artists include U2, Dr. Dre, Sheryl Crow, Mary J. Blige, Eminem, Gwen Stefani, The Black Eyed Peas and The Game. , the co-founder of Interscope Records, is expected to get a key leadership role on the West Coast. |
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