Word: wasserman
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Nisha S. Agarwal, David W. Foster, Katherine H. Sigelman and Robin Wasserman, of Adams House; Thalia Chantziara, Benjamin S. Edelson, Daniel M. Loss, Jacob A. Lurie, Garrett B. Moritz, Patricia L. Santos and Flora Zhang, of Cabot House; Han Ping Davin Chor, Matthew S. Povich, Aziz F. Rana and Gregory M. Sulkowski, of Currier House; Nora F. Lehmann, Rebecca Reider and Nitzan Shoshan, of Dudley House; Rodrigo A. Cruz, Sara M. Jablon, Joseph C. Krupnick and James L. Young, of Dunster House; John W. Baxindine, Randolph A.G. Bell, Jacqlynn Duquette, Daniel J. Hopkins and Margot L. Minardi, of Eliot House...
...last spring a friend told Wasserman to "check out this MP3 thing"--referring to the digital-music format that allows people to swap their favorite tunes online. Wasserman went to the website MP3.com converted three songs he had written and recorded with Fisher into the format and uploaded them. Now, people could come to the site and download the songs for free. Fisher was about to become the biggest Internet-based band ever...
Fans started linking from MP3.com to e-commerce sites selling Fisher's CD--copies of which Wasserman and Fisher packed and shipped themselves--and flocking to their shows. In February, they sold out the House of Blues in Los Angeles. Distributing the CD themselves, the couple pocketed about $3,500 a month, more than many unsigned bands make in a year...
...world has waited for--heartening proof that in the age of digital music and the Internet, tyrannical major record labels have become as last year as Ricky Martin? Not quite. "There isn't an artist anywhere who, if they could get a good contract, wouldn't take it," Wasserman says. Indeed, last month they inked a deal with Jimmy and Doug's Farm Club, a new subsidiary of Universal Music named after Interscope co-chairman Jimmy Iovine and Universal head Doug Morris. Wasserman hasn't made an album on the label yet, but he's already worked out the promo...
...number and instantly download two new Mariah Carey songs onto a cassette the size of a pencil tip. When that happens, who's going to bother trawling through thousands of MP3s for the next Fisher? That's why, sitting at a Melrose Avenue cafe early this year, Fisher and Wasserman seemed more relieved than elated. There are now at least 1 million songs available for download on MP3.com "It's already too saturated," Wasserman said. "This is going to become a single-driven business. I mean, as soon as every big-name artist has a presence online, who's going...