Music and Entertainment Investor News - follow news and trends in the changing music industry . This blog is part of Investorideas.com content
Tuesday, July 12, 2011
Wednesday, June 15, 2011
Music Stocks; PANDORA (NYSE: P) PRICES INITIAL PUBLIC OFFERING
Music Stocks; PANDORA (NYSE: P) PRICES INITIAL PUBLIC OFFERING
OAKLAND, Calif., June 15, 2011 - Pandora Media, Inc. (NYSE: P), the leader in internet radio in the United States, today announced the pricing of its initial public offering of approximately 14.7 million shares of common stock at a price to the public of $16.00 per share. A total of approximately 6.0 million shares are being offered by Pandora, and a total of approximately 8.7 million shares are being offered by selling stockholders. In addition, Pandora has granted the underwriters a 30-day option to purchase up to approximately an additional 2.2 million shares to cover over-allotments, if any. Pandora will not receive any proceeds from the sale of shares by the selling stockholders.
The bookrunning managers of the offering are Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC. Co-lead manager of the offering is Citigroup Global Markets, Inc. and co-managers are William Blair and Company, L.L.C., Stifel Nicolaus Weisel and Wells Fargo Securities, LLC. Pandora common stock will trade on the New York Stock Exchange under the symbol "P."
The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from the offices of Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com, or by telephone at (866) 718-1649; or J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (866) 803-9204.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Pandora
Pandora gives people music they love anytime, anywhere, through connected devices. (OK, we've added comedy as well so we're also up for playing some jokes you'll love.) Personalized stations launch instantly with the input of a single "seed" – a favorite artist, song or genre. The Music Genome Project®, a deeply detailed, hand-built musical taxonomy, powers Pandora's personalization – using musicological "DNA" and constant listener feedback to craft personalized stations from a growing collection of hundreds of thousands of recordings. Tens of millions of people in the United States turn on Pandora to hear music they love.
OAKLAND, Calif., June 15, 2011 - Pandora Media, Inc. (NYSE: P), the leader in internet radio in the United States, today announced the pricing of its initial public offering of approximately 14.7 million shares of common stock at a price to the public of $16.00 per share. A total of approximately 6.0 million shares are being offered by Pandora, and a total of approximately 8.7 million shares are being offered by selling stockholders. In addition, Pandora has granted the underwriters a 30-day option to purchase up to approximately an additional 2.2 million shares to cover over-allotments, if any. Pandora will not receive any proceeds from the sale of shares by the selling stockholders.
The bookrunning managers of the offering are Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC. Co-lead manager of the offering is Citigroup Global Markets, Inc. and co-managers are William Blair and Company, L.L.C., Stifel Nicolaus Weisel and Wells Fargo Securities, LLC. Pandora common stock will trade on the New York Stock Exchange under the symbol "P."
The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from the offices of Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at prospectus@morganstanley.com, or by telephone at (866) 718-1649; or J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (866) 803-9204.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Pandora
Pandora gives people music they love anytime, anywhere, through connected devices. (OK, we've added comedy as well so we're also up for playing some jokes you'll love.) Personalized stations launch instantly with the input of a single "seed" – a favorite artist, song or genre. The Music Genome Project®, a deeply detailed, hand-built musical taxonomy, powers Pandora's personalization – using musicological "DNA" and constant listener feedback to craft personalized stations from a growing collection of hundreds of thousands of recordings. Tens of millions of people in the United States turn on Pandora to hear music they love.
Wednesday, April 20, 2011
American Idol Star Paul McDonald’s Music to be used in Chad Verdi's Feature Film, Loosies
Investorideas.com interviews Businessman / Producer Chad A. Verdi as he heads to the Cannes Film Festival to oversee the sale of his three feature films
American Idol Star Paul McDonald’s Music to be used in Chad Verdi's Feature Film, Loosies
Visit this company: http://www.thewpconline.com/
April 20, 2011 – www.Investorideas.com, a leader in sector research including music and entertainment, releases the following Q&A interview with featured up and coming Businessman / Producer Chad A. Verdi. Verdi is President and CEO of both Verdi Productions and the Woodhaven Production Company.
Verdi Productions is in the final stages of post production on its feature film Loosies. The film’s blockbuster cast includes Peter Facinelli, (Twilight), Jaimie Alexander (Thor), Vicent Gallo (Bufferlo 66) ,Joe Pantoliano (Matrix) ,William Forsythe (The Rock) and Christy Carlson Roma (Infected).
Chad A. Verdi the company's CEO and the films producer reports he also recently signed American Idol star Paul McDonald. McDonald's music to be used in Verdi's feature film Loosies.
Interview
Q- Investorideas.com
Can you give us some background on Verdi Productions and The Woodhaven Production Company?
A: Managing Partner and Producer; Chad A. Verdi
VP was founded in 2009 as an independent and fully-funded media production company based in New York City and RI. We currently have three movies in the pipeline and we are just finishing our first feature film Loosies. VP will produce the bigger budget films while; The Woodhaven Production Company will focus on films under 2.5 million dollars. WHP produced and filmed two features in 2010 and both will be release later this year. Both companies are positioning themselves to be a serious contender in the film industry.
Q- Investorideas.com
For a new company in the entertainment industry, you have attracted some very impressive names and talent to your team. Can you give our readers some examples of the range of talent in your portfolio of movies, Inkubus, Loosies, and Infected?
A: Managing Partner and Producer; Chad A. Verdi
We are extremely excited about the caliber of talent already signed and on board in both VP and WHP.
We have some great actors that include names like Peter Facinelli ( Twilight / New Moon / The Scorpion King, Loosies ) Michael Madsen (Reservoir Dogs / Kill Bill: Vol. 1 / Kill Bill: Vol.2 Loosies, Infected), Vicent Gallo ( Buffalo '66 / The Brown Bunny / Tetro/ Loosies ), Joe Pantoliano ( Memento / The Matrix / The Fugitive/ Loosies ), (Jaimie Alexander Thor /Rest Stop / Ground, Loosies / The Other Side) (William Forsythe, The Rock / Deuce Bigalow: Male Gigolo / Raising Arizona and Inkubus that are under are VP company. Robert Englund (Freddy vs. Jason / A Nightmare on Elm Street: The Dream Child / Freddy's Dead: The Final Nightmare, Inkubus), Christy Carlson Romano (Guiding Light / The Cutting Edge, Mirrows two.: Going for the Gold / The Even Stevens Movie, Loosies) Jonathan Silverman, (Weekend at Bernie's / 12:01 / Brighton Beach Memoirs, Inkubus) Joey Fatone (My Big Fat Greek Wedding , Music Group n sync, Inkubus) and Michelle Ray Smith (Salt and Inkubus).
Q- Investorideas.com
Any other big names involved in your movies?
A: Managing Partner and Producer; Chad A. Verdi
Yes, I just signed a deal with American Idol star Paul McDonald. We will be using many of his songs in our film Loosies.
Q- Investorideas.com
He is one of my favorites, an artist that I would buy. How did that come about?
A: Managing Partner and Producer; Chad A. Verdi
Peter Facinielli who is very good friends with Niki Reed, who is also in Twilight, told Peter about Paul's music. Peter then sent his music to me and my wife Michelle, who is the head of music and talent for both companies. My wife loved his music and gave the ok to sign him. She feels that Paul's music brings Loosies to life.
Q- Investorideas.com
Can you tell us what stage the companies are at right now and what can audiences expect to see in the future?
A: Managing Partner and Producer; Chad A. Verdi
Our WHP Company just completed, a horror film entitled "Inkubus", starring Robert Englund. and Whilliam Forsythe and is in post production on its second horror film Infected, staring Michael Madsen and Christy Carlson Romano. Both films will be released in 2011.
VP, is in the final stages of post with "Loosies," the tale of a New York pick pocket that began filming July 15th 2010, that includes stars like Peter Facinelli, Michael Madsen, Vicent Gallo, Joe Pantoliano and Jaimie Alexander with Michael Corrente directed. Loosies will also be release in 2011.
.
Q- Investorideas.com
In terms of selling the films, who is representing you?
A: Managing Partner and Producer; Chad A. Verdi
I am in the final stages of signing some of the most respected sales agents in the business and will release that information at a later date. I am also heading to the Cannes Film Festival in May, were we willing be selling oversea territories for each film. There has been a lot of attention and interest in all three films.
Bio for Chad A. Verdi:
Mr. Verdi is an Entrepreneur that at the early age of 18 years old Mr. Verdi acquired his first business, a RI television listing newspaper called TV Facts that is still in publication today.
By the age of 21 Verdi acquired several other businesses in the food service sector throughout RI. By age 30, Verdi owned, co-owned or had investments in over a dozen businesses that ranged from food and toy manufacturing to restaurants and hi-tech developments in the biotechnology field.
Over the last 13 years, Mr. Verdi has been involved in over 750 million dollars in business mergers, reverse mergers, start-ups and acquisitions and currently owns, co-owns or has investments in more than two dozen businesses in diversified industries with more than 500 local employees and sales of more than $100 million nationwide. He also holds a large real estate portfolio that includes the 175-year-old former United Methodist Church in East Greenwich where the constitution of RI was adopted.
View the full company profile for Verdi Corrente Productions (VCP):
http://www.investorideas.com/CO/VCP/
About the Verdi Productions and Woodhaven Production Company:
Both Verdi Productions and The Woodhaven Production Company are fully funded film production companies, covering all aspects of filmmaking from conception of script through postproduction.
Contact: Chad A. Verdi, President, The Woodhaven Production Company: 401-884-0655
http://www.thewpconline.com/
Michelle L. Verdi, Head of Music and Talent http://www.imdb.com/name/nm4090091/
American Idol Star Paul McDonald’s Music to be used in Chad Verdi's Feature Film, Loosies
Visit this company: http://www.thewpconline.com/
April 20, 2011 – www.Investorideas.com, a leader in sector research including music and entertainment, releases the following Q&A interview with featured up and coming Businessman / Producer Chad A. Verdi. Verdi is President and CEO of both Verdi Productions and the Woodhaven Production Company.
Verdi Productions is in the final stages of post production on its feature film Loosies. The film’s blockbuster cast includes Peter Facinelli, (Twilight), Jaimie Alexander (Thor), Vicent Gallo (Bufferlo 66) ,Joe Pantoliano (Matrix) ,William Forsythe (The Rock) and Christy Carlson Roma (Infected).
Chad A. Verdi the company's CEO and the films producer reports he also recently signed American Idol star Paul McDonald. McDonald's music to be used in Verdi's feature film Loosies.
Interview
Q- Investorideas.com
Can you give us some background on Verdi Productions and The Woodhaven Production Company?
A: Managing Partner and Producer; Chad A. Verdi
VP was founded in 2009 as an independent and fully-funded media production company based in New York City and RI. We currently have three movies in the pipeline and we are just finishing our first feature film Loosies. VP will produce the bigger budget films while; The Woodhaven Production Company will focus on films under 2.5 million dollars. WHP produced and filmed two features in 2010 and both will be release later this year. Both companies are positioning themselves to be a serious contender in the film industry.
Q- Investorideas.com
For a new company in the entertainment industry, you have attracted some very impressive names and talent to your team. Can you give our readers some examples of the range of talent in your portfolio of movies, Inkubus, Loosies, and Infected?
A: Managing Partner and Producer; Chad A. Verdi
We are extremely excited about the caliber of talent already signed and on board in both VP and WHP.
We have some great actors that include names like Peter Facinelli ( Twilight / New Moon / The Scorpion King, Loosies ) Michael Madsen (Reservoir Dogs / Kill Bill: Vol. 1 / Kill Bill: Vol.2 Loosies, Infected), Vicent Gallo ( Buffalo '66 / The Brown Bunny / Tetro/ Loosies ), Joe Pantoliano ( Memento / The Matrix / The Fugitive/ Loosies ), (Jaimie Alexander Thor /Rest Stop / Ground, Loosies / The Other Side) (William Forsythe, The Rock / Deuce Bigalow: Male Gigolo / Raising Arizona and Inkubus that are under are VP company. Robert Englund (Freddy vs. Jason / A Nightmare on Elm Street: The Dream Child / Freddy's Dead: The Final Nightmare, Inkubus), Christy Carlson Romano (Guiding Light / The Cutting Edge, Mirrows two.: Going for the Gold / The Even Stevens Movie, Loosies) Jonathan Silverman, (Weekend at Bernie's / 12:01 / Brighton Beach Memoirs, Inkubus) Joey Fatone (My Big Fat Greek Wedding , Music Group n sync, Inkubus) and Michelle Ray Smith (Salt and Inkubus).
Q- Investorideas.com
Any other big names involved in your movies?
A: Managing Partner and Producer; Chad A. Verdi
Yes, I just signed a deal with American Idol star Paul McDonald. We will be using many of his songs in our film Loosies.
Q- Investorideas.com
He is one of my favorites, an artist that I would buy. How did that come about?
A: Managing Partner and Producer; Chad A. Verdi
Peter Facinielli who is very good friends with Niki Reed, who is also in Twilight, told Peter about Paul's music. Peter then sent his music to me and my wife Michelle, who is the head of music and talent for both companies. My wife loved his music and gave the ok to sign him. She feels that Paul's music brings Loosies to life.
Q- Investorideas.com
Can you tell us what stage the companies are at right now and what can audiences expect to see in the future?
A: Managing Partner and Producer; Chad A. Verdi
Our WHP Company just completed, a horror film entitled "Inkubus", starring Robert Englund. and Whilliam Forsythe and is in post production on its second horror film Infected, staring Michael Madsen and Christy Carlson Romano. Both films will be released in 2011.
VP, is in the final stages of post with "Loosies," the tale of a New York pick pocket that began filming July 15th 2010, that includes stars like Peter Facinelli, Michael Madsen, Vicent Gallo, Joe Pantoliano and Jaimie Alexander with Michael Corrente directed. Loosies will also be release in 2011.
.
Q- Investorideas.com
In terms of selling the films, who is representing you?
A: Managing Partner and Producer; Chad A. Verdi
I am in the final stages of signing some of the most respected sales agents in the business and will release that information at a later date. I am also heading to the Cannes Film Festival in May, were we willing be selling oversea territories for each film. There has been a lot of attention and interest in all three films.
Bio for Chad A. Verdi:
Mr. Verdi is an Entrepreneur that at the early age of 18 years old Mr. Verdi acquired his first business, a RI television listing newspaper called TV Facts that is still in publication today.
By the age of 21 Verdi acquired several other businesses in the food service sector throughout RI. By age 30, Verdi owned, co-owned or had investments in over a dozen businesses that ranged from food and toy manufacturing to restaurants and hi-tech developments in the biotechnology field.
Over the last 13 years, Mr. Verdi has been involved in over 750 million dollars in business mergers, reverse mergers, start-ups and acquisitions and currently owns, co-owns or has investments in more than two dozen businesses in diversified industries with more than 500 local employees and sales of more than $100 million nationwide. He also holds a large real estate portfolio that includes the 175-year-old former United Methodist Church in East Greenwich where the constitution of RI was adopted.
View the full company profile for Verdi Corrente Productions (VCP):
http://www.investorideas.com/CO/VCP/
About the Verdi Productions and Woodhaven Production Company:
Both Verdi Productions and The Woodhaven Production Company are fully funded film production companies, covering all aspects of filmmaking from conception of script through postproduction.
Contact: Chad A. Verdi, President, The Woodhaven Production Company: 401-884-0655
http://www.thewpconline.com/
Michelle L. Verdi, Head of Music and Talent http://www.imdb.com/name/nm4090091/
Music News; Clear Channel Radio Releases iHeartRadio App for iPad on the App Store
Music News; Clear Channel Radio Releases iHeartRadio App for iPad on the App Store
NEW YORK--http://musicinvestornews.blogspot.com/
--Clear Channel Radio today announced that its new iHeartRadio App for iPad is now available on the App Store.
“iHeartRadio has been an incredibly successful app for iPhone because we’ve focused on how our listeners want to interact with their favorite music”
.With the new iHeartRadio App, iPad users can listen to Clear Channel’s 750 digital radio stations from 150 cities, along with the company’s digital-only commercial-free stations, and take advantage of new and enhanced features, including:
•Sharing stations and videos via Facebook, Twitter and email;
•Displaying a station’s Twitter feed when users listen to the station;
•Previewing what a station is playing by pressing its logo;
•Enabling users to save favorite stations and songs;
•Conducting a slideshow of artists as their songs play;
•Searching for a station by location, name or music genre.
The iHeartRadio App can also be streamed wirelessly via AirPlay to Apple TV from iPad. All stations are streamed in ACC format for a high-quality listening experience.
“Based on listener feedback, we have reimagined the iHeartRadio App experience by taking advantage of iPad’s screen size and wonderfully simple and intuitive interface,” said Robert Pittman, Chairman of Media and Entertainment Platforms for Clear Channel. “The iHeartRadio App for iPad is the most complete and engaging digital radio experience possible – it recasts the radio experience in a compelling visual way, and enables users to engage more deeply with their favorite stations and favorite artists.”
“iHeartRadio has been an incredibly successful app for iPhone because we’ve focused on how our listeners want to interact with their favorite music,” said John Hogan, CEO of Clear Channel Radio. “Now, the iHeartRadio App for iPad represents another major step in Clear Channel’s leadership in the digital space as a company that is capable of leveraging all of our powerful properties and platforms.”
The iHeartRadio App is available for free from the App Store on iPad, iPhone and iPod touch or at www.itunes.com/appstore/.
About Clear Channel Radio
With 237 million monthly listeners in the U.S., Clear Channel Radio has the largest reach of any media company in America. Clear Channel radio serves 150 cities through 850 radio stations. The company’s radio stations and content can be heard on AM/FM stations, HD digital radio channels, Sirius/XM satellite, on the Internet, at iheartradio.com, on the iHeartRadio mobile application on iPads and iPhones and used via navigation systems from TomTom, Garmin and others. The company’s operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (OTCBB:CCMO), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com.
Contacts
Clear Channel Radio
Wendy Goldberg, 212-549-0965
wendygoldberg@clearchannel.com
Research Music Stocks at http://www.investorideas.com/
http://www.musicindustrystocks.com/
NEW YORK--http://musicinvestornews.blogspot.com/
--Clear Channel Radio today announced that its new iHeartRadio App for iPad is now available on the App Store.
“iHeartRadio has been an incredibly successful app for iPhone because we’ve focused on how our listeners want to interact with their favorite music”
.With the new iHeartRadio App, iPad users can listen to Clear Channel’s 750 digital radio stations from 150 cities, along with the company’s digital-only commercial-free stations, and take advantage of new and enhanced features, including:
•Sharing stations and videos via Facebook, Twitter and email;
•Displaying a station’s Twitter feed when users listen to the station;
•Previewing what a station is playing by pressing its logo;
•Enabling users to save favorite stations and songs;
•Conducting a slideshow of artists as their songs play;
•Searching for a station by location, name or music genre.
The iHeartRadio App can also be streamed wirelessly via AirPlay to Apple TV from iPad. All stations are streamed in ACC format for a high-quality listening experience.
“Based on listener feedback, we have reimagined the iHeartRadio App experience by taking advantage of iPad’s screen size and wonderfully simple and intuitive interface,” said Robert Pittman, Chairman of Media and Entertainment Platforms for Clear Channel. “The iHeartRadio App for iPad is the most complete and engaging digital radio experience possible – it recasts the radio experience in a compelling visual way, and enables users to engage more deeply with their favorite stations and favorite artists.”
“iHeartRadio has been an incredibly successful app for iPhone because we’ve focused on how our listeners want to interact with their favorite music,” said John Hogan, CEO of Clear Channel Radio. “Now, the iHeartRadio App for iPad represents another major step in Clear Channel’s leadership in the digital space as a company that is capable of leveraging all of our powerful properties and platforms.”
The iHeartRadio App is available for free from the App Store on iPad, iPhone and iPod touch or at www.itunes.com/appstore/.
About Clear Channel Radio
With 237 million monthly listeners in the U.S., Clear Channel Radio has the largest reach of any media company in America. Clear Channel radio serves 150 cities through 850 radio stations. The company’s radio stations and content can be heard on AM/FM stations, HD digital radio channels, Sirius/XM satellite, on the Internet, at iheartradio.com, on the iHeartRadio mobile application on iPads and iPhones and used via navigation systems from TomTom, Garmin and others. The company’s operations include radio broadcasting, syndication and independent media representation. Clear Channel Radio is a division of Clear Channel Communications, Inc. (OTCBB:CCMO), a leading global media and entertainment company. More information on the company can be found at www.clearchannel.com.
Contacts
Clear Channel Radio
Wendy Goldberg, 212-549-0965
wendygoldberg@clearchannel.com
Research Music Stocks at http://www.investorideas.com/
http://www.musicindustrystocks.com/
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