February72010
"But the real clash has been between Mr. Hands and Citigroup, the bank that financed the EMI acquisition and many other Terra Firma deals. Terra Firma used only $3 billion of its investors’ cash to buy the music company; it borrowed the remaining $5.2 billion from Citi. Why was Terra Firma’s lender so generous? The bank thought it could later offload this debt by selling it in smaller chunks to other investors.
Then reality intruded. Before the deal closed in August 2007, the credit market froze — leaving Citi holding a vast bag of debt that it designated as “substandard.” The transaction offered yet another example of the kind of promiscuous lending that forced the government to rescue Citi the next year.
"
— In EMI Battle, Citigroup Is at Odds With Private Equity Firm (via annielin)
Reblogged from Annie Lin.
February52010
"All the good things I did as president, all the mistakes I made - you can blame half of that on Willie Nelson"
— Nobel Peace Prize winner and ex-president Jimmy Carter, in Rolling Stone (via machinetext) (via newspeedwayboogie)
Reblogged from New Speedway Boogie.
February42010
Pioneer & Icon & Pharoah & Originator & Legend
— Bo Diddley’s grave site
Reblogged from New Speedway Boogie.
February32010
February22010
Music Power Network Launches YouTube Channel
Music Power Network (MPN) is the brainchild of Dave Kusek, Vice President at the Berklee College of Music, instructor of Berklee’s online course The Future of Music and the Music Business, author of The Future of Music, and all-around music business expert.
It was announced yesterday that MPN will be making some of its educational videos accessible for free via its new YouTube channel.
This message from Dave not only directs you to the channel, but offers a brief rundown of what MPN is all about:
Hi Everyone
We are starting a YouTube channel to show new videos from Music Power
Network.
Please check it out at:
http://cts.vresp.com/c/?MPN/9881476a43/6e26431ac9/1b9e986442
MPN is an online service for music business people and music and
artist managers creating the future of the industry. MPN provides
online music business lessons, exclusive video interviews and advice,
career and business planning tools and thousands of specially selected
resources designed to help you achieve success in this ever changing
industry. MPN gives you the tools, expertise and guidance to help you
get organized and take your music career to the next level. Learn from
industry experts, set your goals and realize your vision.
Feel free to share, embed, copy, forward, quote, or anything else.To wet your appetite, here’s a great little video in which experts from several different fields offer their insights. Standout moments include EA Games executive Steve Schnur discussing the music selection process for video games, Derek Sivers discussing what you need to have in place to realistically attract booking agents, and music educator/artist manager Jeff Dorenfield discussing the need to go digital with your press kits.
Reblogged from Artists House Music.
February12010
Great Singers In the Studio and Behind the Scenes
In 1973, Willie Nelson went into a New York studio with Atlantic producer Arif Mardin (and a book of hymns) to lay down The Troublemaker, which put a country spin on gospel standards like “Sweet Bye & Bye” and “Where the Soul Never Dies.” The disc was shelved due to label troubles but topped the country charts when it was released in 1976.
i’m as happy as anyone that neil young won his first-ever grammy tonight, but i hope everyone across the globe can set aside their differences and agree that awarding the 64-year-old his first grammy for a boxed set makes as much sense as giving salinger a long-awaited pulitzer for the grocery list he penned last spring. maybe a few years ago the national academy of recording arts and sciences could have given a grammy to any of his seven absurdly perfect first albums? not to mention csny’s déjà vu. or songs like don’t let it bring you down, only love can break your heart, cortez the killer, down by the river, helpless and harvest moon. please see here for a list of neil young’s career highlights expressed as inequalities, if you’re into that kind of thing.
Reblogged from max abelson's super groovy music video spectacular.
