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| | Clive Davis News: Despite Troubles, Arista Claims 1999 Was A Record Year >> liveDaily |
 | | Arista is off to a strong start in 2000 as well: word came today (1/12) that Santana's "Supernatural," riding the wave of multiple Grammy nominations, will return to the top of the Billboard 200 album chart next week. |
 | | Arista, which is owned by the German conglomerate Bertelsmann AG, claims that it had sales of $425 million in 1999, $5 million more than 1998's record tally. |
 | | However, Arista did not say if the increased revenues translated into increased profits, and Arista's profitability is said to be one of the reasons that executives at BMG Entertainment, Bertelsmann's North American unit, are unhappy with Davis. |
| www.livedaily.com /news/527.html (847 words) |
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