BUSINESS
November 24, 1995 | CHUCK PHILIPS
Marketing ace Jim Guerinot, who is credited with helping mastermind commercial breakthroughs for Offspring, Rancid, Sheryl Crow and Soundgarden, has launchedhis own label, Time Bomb Recordings. Based in Laguna Beach and financed by German conglomerate Bertelsmann, Time Bomb plans to employ a new financial architecture for music deals pioneered by independent labels, including paying unknown artists twice the going royalty rate and charging retailers 20% less for albums than competitors.
ENTERTAINMENT
August 18, 1994 | MIKE BOEHM, TIMES STAFF WRITER
A platinum band makes a lovely 15th anniversary present. That's the gift the Offspring have bestowed on the Orange County punk-alternative scene. The musical movement that began shouting to the world in 1979, when the Crowd became the first Orange County punk band to get airplay on KROQ, has just produced its first million-selling album. If you don't count Nirvana as a punk band, the Offspring's prophetically titled "Smash" may end up the biggest-selling album in punk-rock history.
BUSINESS
June 26, 2012 | By Roger Vincent, Los Angeles Times
In its glory days, the Forum was Southern California's preeminent entertainment venue, a behemoth with Roman columns where adoring fans came to see the likes of Wilt Chamberlain, Wayne Gretzky and Bob Dylan. But the famous round building fell on hard times. The Los Angeles Lakers and Kings moved downtown. Other venues in up-and-coming neighborhoods came along to nab the concert business. And, in the end, the Forum was bought by the Faithful Central Bible Church and all but forgotten.
BUSINESS
April 25, 2013 | By Randy Lewis and Hugo Martin, Los Angeles Times
First they put a lid on it, and now they're pulling the plug. Universal City's Gibson Amphitheatre, a fixture on the Southern California live music scene for more than 40 years, will close in September and be demolished to make room for the new Wizarding World of Harry Potter attraction at Universal Studios theme park, officials announced Wednesday. The announcement came a day after Universal Studios Hollywood won approval from the Los Angeles County Board of Supervisors to begin construction on its planned $1.6-billion expansion of the theme park.
BUSINESS
December 16, 1994
Total album and single sales of compact discs and audio cassettes for the week ended Dec. 14, compared to sales of the previous week and the same week of 1993, in millions of units sold: Latest week Albums: 21.2 Singles: 1.9 Week-ago Albums: 15.9 Singles: 1.8 Year-ago Albums: 19.6 Singles: 2.