Music: New Rock on a Red-Hot Roll

Sizzling sales have record execs dancin' in the suites

By any standards the summer is a knockout. After four years of slumping sales and stagnating sounds, the pop music industry is once again experiencing a welcome artistic and financial bonanza, one that is making this rock 'n' roll's headiest season of the decade. Says Gil Friesen, president of A&M Records: "People are buying so many albums by new artists, it adds up to a new passion."

The fervor is big business. If the beat continues, record and tape sales will soar some 10% over last...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!