A SOUND REBOUND

(3 of 3)

Field and Iovine could pay the settlements out of petty cash. Universal is poised to purchase their remaining 50% of Interscope for about $350 million, but Death Row is history. Interscope is leaving gangsta rap further behind and has signed new deals with a reformed Dr. Dre (who now shuns the genre) and R.-and-B. producer Teddy Riley.

Iovine won't make any excuses for Death Row or rap, nor does he particularly care to discuss it. "We're out of business with them. It's irrelevant," he snaps. He and Field produce records, period. For them, groups and labels may go, but the hits just keep on coming.

--Reported by Patrick E. Cole/Los Angeles

Quotes of the Day »

Get & Share
GREGG KEESLING on reports that he received a call from an Army official saying he wasn't eligible to receive a condolence letter from President Obama because his son committed suicide, rather than dying in action
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.

Time.com on Digg

POWERED BY digg

Quotes of the Day »

Get & Share
PETER COSANDEY, a former Zurich prosecutor, after a Swiss court granted director Roman Polanksi $4.5 million bail to move from a Swiss jail to house arrest

Stay Connected with TIME.com