It seems that as one star fades another is poised for a meteoric rise.
Despite lots of conflicting reports about the size of Ms. Houston’s estate, there is no denying that she was a true “Pop Diva.” During her career she sold more than 200 million albums and singles, had 11 number one songs-including, “I Will Always Love You.” The Bodyguard soundtrack won the Grammy for Album of the Year and to this day it is still the best-selling soundtrack of all time. Unlike Michael Jackson who penned many of his biggest hits, Sony Music owns the rights to Houston’s songs. Shortly after her death the label raised the price of her songs on iTunes (NASDAQ:APPL) from $.99 cents to $1.29.
But even as Ms. Houston is laid to rest in her home state of New Jersey… “Linsanity” is surging across the river in New York. You know it’s big when the cab driver picks you up at the airport and he can’t stop talking about how amazing this guy is! In this week’s Beyond the Scoreboard Rick Harrow took a look at the “JeremyLinEffect“ and how it’s adding up to big profits for shareholders of Madison Square Garden (NASDAQ:MSG).
While most of the watercooler talk here in NYC has been about the changing fortunes of the NY Knicks… there were some who were a little stressed this week about what to get that special person for Valentine’s Day. Well, if you’ve got a little disposable income (okay, A LOT of disposable income) check out Erika Miller’s (@ErikaMillerNBR) “Sparkling“ piece on one investment idea that has been incredibly valuable over the last decade.
And, if you’re not one of the SUPER RICH and a day (or night) job is still in your future, maybe you’ve been pondering a career change. Not quite sure what you want to do next? Check out Diane Eastabrook’s story that’s so bright you gotta wear shades for a little inspiration.
Ruben Ramirez is the national assignment editor at Nightly Business Report. Ramirez is responsible for working with all NBR bureaus, correspondents, producers, photographers and editors. Ramirez was most recently a reporter and field producer with Reuters Television. He has a B.A. in business administration with a focus in finance and broadcast journalism from Boston University.
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