Article: Joe Smith. (president and CEO of Capitol-EMI Music Inc.) (1992 Portfolio of Profiles)

Joe Smith says instinct is the key to success in the record business. When he hears a terrific new tune, he says he can almost feel the hair standing up on the back of his neck.

He should know. Smith is chief executive and president of Hollywood-based Capitol-EMI Music Inc. He oversees the operations of seven record labels, including Capitol Records and EMI Records USA.

Capitol-EMI Music ranks third in sales among the nation's record companies. It currently has the No. 1 selling albums on "Billboard" magazine's Pop, Country and Rhythm & Blues charts. Its labels also dominated the magazine's No. 1 spot on the Top Pop Albums chart for 46 weeks from April 1, 1990 ...

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