Music industry great Walter Yetnikoff dies aged 87

The former CBS Records president who may have been the most powerful person in the music business in the closing years of the 20th century has died, Billboard reports. Walter Yetnikoff helped sell megastars like Michael Jackson, Bruce Springsteen, and Billy Joel. Yetnikoff also cultivated a reputation as a loud, snarling, hard-partying power broker, and was a symbol of an era of past excesses.