The Year In Music

The Year in MusicThe Year in Music, 1977. A year of financial superlatives in the music industry. Over-all sales up ten percent above 1976, topping three billion dollars for the first time in history. Record divisions of the biggies—CBS, Warner Communications, Inc., RCA, EMI—consistently reporting quarterly sales increases of 20, 25, 30 percent over last year. The well-shaved jowls of entertainment-industry stock analysts and brokers glow with fulfillment. Doughty little Arista Records, Clive Da...