The Rundown: The week's biggest music news

50 Cent's big windfall in question, "Sgt. Pepper" turns 40, and the Police get pissy.


Salon Staff
June 2, 2007 2:45AM (UTC)

50 Cent may or may not have made himself hundreds of millions of dollars. Last Friday, May 25, it was reported that the rap star stood to gain $400 million from his 10 percent ownership stake in Glacéau's Vitaminwater, which was recently bought by Coca-Cola for $4.1 billion. But by Wednesday the debunking had begun, with the theory being bandied about that the story was a plant from 50 Cent's P.R. people.

The New York Times ran a great article on Monday on how declining CD sales have led to some serious moving and shaking among the big record companies, chief among them London-based EMI, which agreed last week to be purchased for more than $4.7 billion by a private equity investor.

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Barely a week into the Police reunion tour, the band's drummer, Stewart Copeland, posted a message on his Web site calling Sting a "petulant pansy" and decrying a recent performance of his as "totally at sea." There's a sarcastic tone to the message that makes me think it was written tongue-in-cheek, but I might not feel as generous if I'd ponied up $225 for a ticket.

The 40th anniversary of the release of "Sgt. Pepper's Lonely Heart's Club Band" has sparked a rush of "It Was 40 Years Ago Today" headlines.

You may not have realized it was gone, but MTV's "Unplugged" is returning this summer with acoustic performances by Bon Jovi, the Police, Mary J. Blige and John Mayer.

An auction of Michael Jackson memorabilia took place in Las Vegas on Wednesday and Thursday. Jackson's lawyers had tried to halt the sale, claiming the company holding the auction didn't have the legal right to dispose of his items, which include a letter from Marlon Brando to Jackson, but Jackson ultimately dropped the suit and agreed to a settlement. As of late Thursday, the auction had netted only about half a million dollars.

-- David Marchese


Salon Staff

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