May 28, 1997 |
Trauma Records said Tuesday it sued Interscope Records seeking $100 million in damages for alleged breach of contract and fraud in a deal involving the hit pop band No Doubt. The lawsuit alleges that Interscope, which is half-owned by Seagram Co., assigned No Doubt's recording contract to Trauma in 1995 when it was a relatively unknown band but then reneged after the group became immensely popular. Interscope and Trauma have had a distribution pact since 1994.
May 6, 1997 |
In a surprising turnaround, Interscope Records President Tom Whalley rejoined the wildly successful Westwood label on Monday, just three days after abruptly leaving with the intention of joining Walt Disney Co.
May 3, 1997 |
Interscope Records President Tom Whalley, a highly respected talent scout and executive who discovered such hit acts as Tupac Shakur, the Wallflowers, Primus and 4 Non Blondes, has abruptly left the hot Westwood-based label, sources said. Whalley may be quitting one of the most successful labels in the business--home to such pop stars as Blackstreet--to join the most ridiculed: Walt Disney Co.'s Hollywood Records.
November 28, 1996 |
POP/ROCK Interscope Reigns: Bush's "Razorblade Suitcase" entered the nation's pop album sales chart Wednesday at No. 1, helping Interscope Records become the first distributor of the top four albums on the chart since Columbia Records did it in 1976.
November 28, 1996 |
For the first time in 20 years, a single company--Interscope Records and its family of hot young labels--captured the top four positions on the nation's pop chart this week. With 10 albums in the Top 100 and a parade of potential blockbusters due out before Christmas, Interscope is having its strongest year since the Westwood-based record label's 1991 launch by record producer Jimmy Iovine and film producer Ted Field. Company sources project revenue for 1996 at $250 million.
October 29, 1996 |
MCA Inc., which entered into a $200-million partnership with Interscope Records in February after Time Warner severed ties with the label, will manufacture and distribute a posthumous album by slain rapper Tupac Shakur. MCA's Music Entertainment Group confirmed Monday that the collection, which will be released next Tuesday by the controversial Interscope-affiliated Death Row Records, is the first gangsta rap album distributed by the company under terms of its Interscope deal.
February 22, 1996 |
MCA Inc. on Wednesday formally completed its $200-million partnership pact with Interscope Records and quickly illustrated how it would try to avoid the national controversy over the Westwood-based label's involvement in "gangsta" rap. Interscope kicked off its first day at MCA by capturing the No. 1 spot on the nation's pop chart with rapper Tupac Shakur's new expletive-laced "All Eyez on Me" album.
January 24, 1996 |
Defying opponents of "gangsta rap," MCA Inc. has completed a $200-million partnership deal with Interscope Records, the controversial Westwood label that Time Warner Inc. abandoned four months ago after a heated national debate over Interscope's lyrics. The agreement, under which MCA will pay Interscope founders Jimmy Iovine and Ted Field for a 50% stake in their label, with an option to acquire the remainder in three to five years, is expected to be announced within two weeks.