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/
Wednesday, April 20, 2011
Tuesday, April 19, 2011
Music/ entertainment Stocks News; Chris Gannett Named Chief Marketing Officer at CKX (NASDAQ: CKXE)
Music/ entertainment Stocks News; Chris Gannett Named Chief Marketing Officer at CKX (NASDAQ: CKXE)
http://musicinvestornews.blogspot.com/
Brings strong background in global brand management to owner of IDOLS franchise as well as Elvis and Ali rights
NEW YORK--()--Kraig G. Fox, Chief Operating Officer of CKX, Inc. (NASDAQ: CKXE), today announced that Chris Gannett, a seasoned marketer with broad experience managing global brands, has joined the company as Chief Marketing Officer.
“We are convinced there will be exciting growth and innovation under his leadership.”
.“Chris’s experience working with leading consumer and business-to-business brands including Sony Music, Citi, Oreo and Dr Pepper, combined with his strong strategy, digital and partnership expertise make him the ideal CMO for CKX,” said Mr. Fox. “We are convinced there will be exciting growth and innovation under his leadership.”
“I am very excited to be joining CKX at such a pivotal time in the company’s history, marked by the return of Michael G. Ferrel as CEO and appointment of Kraig Fox as COO,” said Mr. Gannett. “I look forward to working with my CKX colleagues to strengthen our brands and drive improved growth across the properties.”
In his role as CMO, Mr. Gannett will be responsible for stewarding CKX’s corporate marketing efforts as well as driving strategy within its portfolio businesses during a time of transition and change in the media and entertainment industries. The company’s existing properties generate recurring revenue across multiple entertainment platforms, including music and television, licensing and merchandising, talent management, themed attractions, and touring/live events.
Mr. Gannett’s track record includes consumer packaged goods, digital media, entertainment, and financial services as well as agency experience. Most recently, he served as Vice President of Sony Music Entertainment’s Commercial Music Group, where he led its Strategic Marketing and Business Development unit. Prior to Sony, he served as a Vice President of Citigroup’s Corporate and Investment Bank. Before that, he held brand marketing positions of increasing operational and financial responsibility at Nabisco and Cadbury Schweppes, among other companies.
Born in Dallas, Texas, Mr. Gannett holds an MBA degree from Washington University in St. Louis and a Bachelor of Science degree in Journalism from The University of Kansas.
About CKX, Inc.
CKX, Inc. is engaged in the ownership, development and commercial utilization of globally recognized entertainment content. The Company's current properties include the rights to the name, image and likeness of Elvis Presley and Muhammad Ali and the operations of Graceland. Through its wholly-owned division 19 Entertainment Ltd., CKX owns proprietary rights to the IDOLS and So You Think You Can Dance television brands, including the American Idol series in the United States and local adaptations of the IDOLS and So You Think You Can Dance television show formats which, collectively, air in more than 100 countries, as well as other television properties. Also through 19, CKX has relationships and partnerships with some of the biggest names in entertainment, including Adam Lambert, Kelly Clarkson, David Cook, Jordin Sparks, Kris Allen, among others. For more information about CKX, Inc., visit its corporate website at www.ckx.com.
Contacts
42West
Allan Mayer, 310-477-4442
Research Music Stocks at Investorideas.com
http://www.musicindustrystocks.com/
http://musicinvestornews.blogspot.com/
Brings strong background in global brand management to owner of IDOLS franchise as well as Elvis and Ali rights
NEW YORK--()--Kraig G. Fox, Chief Operating Officer of CKX, Inc. (NASDAQ: CKXE), today announced that Chris Gannett, a seasoned marketer with broad experience managing global brands, has joined the company as Chief Marketing Officer.
“We are convinced there will be exciting growth and innovation under his leadership.”
.“Chris’s experience working with leading consumer and business-to-business brands including Sony Music, Citi, Oreo and Dr Pepper, combined with his strong strategy, digital and partnership expertise make him the ideal CMO for CKX,” said Mr. Fox. “We are convinced there will be exciting growth and innovation under his leadership.”
“I am very excited to be joining CKX at such a pivotal time in the company’s history, marked by the return of Michael G. Ferrel as CEO and appointment of Kraig Fox as COO,” said Mr. Gannett. “I look forward to working with my CKX colleagues to strengthen our brands and drive improved growth across the properties.”
In his role as CMO, Mr. Gannett will be responsible for stewarding CKX’s corporate marketing efforts as well as driving strategy within its portfolio businesses during a time of transition and change in the media and entertainment industries. The company’s existing properties generate recurring revenue across multiple entertainment platforms, including music and television, licensing and merchandising, talent management, themed attractions, and touring/live events.
Mr. Gannett’s track record includes consumer packaged goods, digital media, entertainment, and financial services as well as agency experience. Most recently, he served as Vice President of Sony Music Entertainment’s Commercial Music Group, where he led its Strategic Marketing and Business Development unit. Prior to Sony, he served as a Vice President of Citigroup’s Corporate and Investment Bank. Before that, he held brand marketing positions of increasing operational and financial responsibility at Nabisco and Cadbury Schweppes, among other companies.
Born in Dallas, Texas, Mr. Gannett holds an MBA degree from Washington University in St. Louis and a Bachelor of Science degree in Journalism from The University of Kansas.
About CKX, Inc.
CKX, Inc. is engaged in the ownership, development and commercial utilization of globally recognized entertainment content. The Company's current properties include the rights to the name, image and likeness of Elvis Presley and Muhammad Ali and the operations of Graceland. Through its wholly-owned division 19 Entertainment Ltd., CKX owns proprietary rights to the IDOLS and So You Think You Can Dance television brands, including the American Idol series in the United States and local adaptations of the IDOLS and So You Think You Can Dance television show formats which, collectively, air in more than 100 countries, as well as other television properties. Also through 19, CKX has relationships and partnerships with some of the biggest names in entertainment, including Adam Lambert, Kelly Clarkson, David Cook, Jordin Sparks, Kris Allen, among others. For more information about CKX, Inc., visit its corporate website at www.ckx.com.
Contacts
42West
Allan Mayer, 310-477-4442
Research Music Stocks at Investorideas.com
http://www.musicindustrystocks.com/
Music Stocks; MakeMusic’s (NASDAQ: MMUS) First Quarter Earnings Conference Call Scheduled for May 4, 2011
Music Stocks; MakeMusic’s (NASDAQ: MMUS) First Quarter Earnings Conference Call Scheduled for May 4, 2011
MINNEAPOLIS--MakeMusic, Inc. (NASDAQ: MMUS) today announced that it will hold a conference call to review operating results for the first quarter of 2011 on Wednesday, May 4, 2011 at 3:30 p.m. CDT. The earnings release will be issued following the close of the market that day.
Participants should call 877-840-1316 and reference Conference ID Number 60774927. Two hours after the completion of the conference call, a digital recording will be available for replay by calling 800-642-1687 or 706-645-9291 through May 13, 2011.
About MakeMusic, Inc.
MakeMusic®, Inc. is a world leader in music technology whose mission is to develop and market solutions that transform how music is composed, taught, learned and performed. For more than 20 years, Finale® has been the industry standard in music notation software, enabling composers, arrangers, musicians, teachers, students and publishers to create, edit, audition, print and publish musical scores. MakeMusic is also the creator of SmartMusic® interactive software that is transforming the way students practice. With SmartMusic, students and teachers have access to thousands of band, orchestra and vocal pieces allowing students to practice with background accompaniment and get immediate feedback on their performance. SmartMusic allows teachers to individualize instruction and document the progress of every student. Additional information about this Minnesota company can be found at www.makemusic.com.
Contacts
MakeMusic, Inc.
Karen VanDerBosch, 952-906-3690
Chief Operating Officer and Chief Financial Officer
kvanderbosch@makemusic.com
Research Music Stocks at Investorideas.com
Musicindustrystocks.com
MINNEAPOLIS--MakeMusic, Inc. (NASDAQ: MMUS) today announced that it will hold a conference call to review operating results for the first quarter of 2011 on Wednesday, May 4, 2011 at 3:30 p.m. CDT. The earnings release will be issued following the close of the market that day.
Participants should call 877-840-1316 and reference Conference ID Number 60774927. Two hours after the completion of the conference call, a digital recording will be available for replay by calling 800-642-1687 or 706-645-9291 through May 13, 2011.
About MakeMusic, Inc.
MakeMusic®, Inc. is a world leader in music technology whose mission is to develop and market solutions that transform how music is composed, taught, learned and performed. For more than 20 years, Finale® has been the industry standard in music notation software, enabling composers, arrangers, musicians, teachers, students and publishers to create, edit, audition, print and publish musical scores. MakeMusic is also the creator of SmartMusic® interactive software that is transforming the way students practice. With SmartMusic, students and teachers have access to thousands of band, orchestra and vocal pieces allowing students to practice with background accompaniment and get immediate feedback on their performance. SmartMusic allows teachers to individualize instruction and document the progress of every student. Additional information about this Minnesota company can be found at www.makemusic.com.
Contacts
MakeMusic, Inc.
Karen VanDerBosch, 952-906-3690
Chief Operating Officer and Chief Financial Officer
kvanderbosch@makemusic.com
Research Music Stocks at Investorideas.com
Musicindustrystocks.com
The Black Eyed Peas’ Peapod Foundation and Adobe Foundation Launch Youth Academy in New York
The Black Eyed Peas’ Peapod Foundation and Adobe Foundation Launch Youth Academy in New York
Fourth Music and Multimedia Academy Fosters Creativity and Expression for Underserved Youth
Adobe Systems Incorporated (NasdaqGS: ADBE )
NEW YORK----The Black Eyed Peas Peapod Foundation and the Adobe Foundation are launching a new Peapod Adobe Youth Voices music and multimedia academy in New York City. Building on the success of existing academies in Oakland, Los Angeles and Redwood City, Calif., the collaboration between the two non-profit foundations focuses on empowering underserved youth. The academies make leading technologies available for art, dance, music and video production which, in turn, nurture self-expression, creativity, community involvement and digital literacy among young people.
“Our passion for music and media was fueled by many generous people on our road to success”
.The New York academy will be located at 21 Howard Street in a facility operated by Urban Arts Partnership, an organization designed to advance the intellectual, social and artistic development of underserved public school students through arts-integrated education programs. The site will feature professional-grade multimedia creation software and an innovative curriculum developed by Adobe Youth Voices, the signature program of the Adobe Foundation, combined with high-tech music studio tools and a premium recording facility provided by the Peapod Foundation. Through the creation of digital media projects and expression via the performing arts, underprivileged teens are given the opportunity to find their voices, comment on important topical issues and inspire social change in their communities.
Six-time Grammy Award-winning recording artists The Black Eyed Peas – will.i.am, apl.de.ap, Taboo and Fergie – will officially announce the new Peapod Adobe Youth Voices Academy at a private ceremony today. Beginning July 2011, programs and services will be offered for youth ages 13-19. An estimated 150 youth are expected to participate in the academy annually.
“We are thrilled to work with the Peapod Foundation and Adobe Foundation to provide cutting edge programs to our youth,” said Philip Courtney, executive director, Urban Arts Partnership. “The academy will provide our young people with ongoing, multi-year opportunities to advance their artistic, academic and social development and make a difference in the world around them. Our goal is to motivate students to express their views in fresh, powerful ways – whether in a video documentary they produce themselves, a music recording or a dance performance.”
“Our passion for music and media was fueled by many generous people on our road to success,” said will.i.am. “Expanding the network of Peapod Adobe Youth Voices Academies enables us to pay it forward, giving more youth the skills and encouragement they need to realize their dreams.”
“We have seen tremendous results from our youth participants since we first partnered with the Peapod Foundation in August 2009,” said Michelle Mann, executive director, Adobe Foundation. “Not only are these teens building self esteem and exploring their creativity with leading-edge technologies, they are bringing change and awareness to social issues affecting their communities and acquiring the critical, real-world skills they need to prosper in the global 21st century economy.”
The Peapod Adobe Youth Voices Academies have served more than 1,000 teens to date. A fifth site, planned for San Jose, Calif., will be opened later this year. Students from the Redwood City academy have traveled as far as Washington, D.C., and Munich, Germany, to screen and perform their projects at conferences such as the U.S. Department of Education’s National Youth Summit and the Digital Life Design Women's Conference.
About Urban Arts Partnership
Urban Arts Partnership, founded in 1991 as a not-for-profit cultural organization based on the belief that art is essential to human development, education and culture, provides arts education and integration programs to underserved schools and communities throughout New York City. Urban Arts Partnership currently partners with 65 underserved schools, impacting more than 12,000 students annually with the mission of advancing the intellectual, social and artistic development of underserved public school students through arts-integrated education programs to close the achievement gap. For the past 18 years, UAP has created in-depth partnerships with schools and communities by implementing art programs that help youth better understand essential academic content while exploring new tools to support their social and emotional development. UAP’s theater, video, visual arts, dance, design, poetry, and music education programs have visited over 250 New York City public schools and engaged more than 30,000 young people, teachers and community members. An emphasis on inquiry-based pedagogy challenges young people to become active learners, eager to exercise critical thinking, leadership and creative skills.
About The Black Eyed Peas Peapod Foundation
The Black Eyed Peas Peapod Foundation encourages social change by uniting people, especially children, through the universal language of music. In 2008, the foundation opened the first Peapod Music & Arts Academy, a state-of-the-art music and educational center and recording facility serving foster care youth and other at-risk teens, at the Watts/Willowbrook Boys and Girls Club. The Peapod Foundation was established as a Charitable Service Fund administered by the Entertainment Industry Foundation. For more information, visit http://www.thepeapodfoundation.com/.
About Adobe Youth Voices
Adobe Youth Voices is the Adobe Foundation’s global philanthropic initiative that empowers youth from underserved communities with digital media skills so they can comment on their world, share their ideas and take action on issues that are important to them. By harnessing the energy and insight of youth 13-19 years old, Adobe Youth Voices aims to inspire a dialogue for change in their communities. The program engages youth to express themselves through documentary videos, photography, print media, radio diaries, animation, Web communications and other media. Since 2006, the Adobe Youth Voices global network has grown to more than 700 sites, grantees and organizations in 45 countries, and has engaged more than 76,000 youth and 4,000 educators in schools and out-of-school programs. For more information, visit http://www.youthvoices.adobe.com/.
About the Adobe Foundation
The Adobe Foundation is a 501(c)(3) private foundation created and funded by Adobe Systems Incorporated to leverage human, technological and financial resources to drive social change and community improvements.
Contacts
Adobe Systems Incorporated
Jodi Sorensen, 408-536-2084
jsorensen@adobe.com
or
Edelman
Victoria Chu, 650-762-2834
victoria.chu@edelman.com
or
EIF/The Black Eyed Peas Peapod Foundation
Maurine Slutzky, 213-240-3923
mslutzky@eifoundation.org
Fourth Music and Multimedia Academy Fosters Creativity and Expression for Underserved Youth
Adobe Systems Incorporated (NasdaqGS: ADBE )
NEW YORK----The Black Eyed Peas Peapod Foundation and the Adobe Foundation are launching a new Peapod Adobe Youth Voices music and multimedia academy in New York City. Building on the success of existing academies in Oakland, Los Angeles and Redwood City, Calif., the collaboration between the two non-profit foundations focuses on empowering underserved youth. The academies make leading technologies available for art, dance, music and video production which, in turn, nurture self-expression, creativity, community involvement and digital literacy among young people.
“Our passion for music and media was fueled by many generous people on our road to success”
.The New York academy will be located at 21 Howard Street in a facility operated by Urban Arts Partnership, an organization designed to advance the intellectual, social and artistic development of underserved public school students through arts-integrated education programs. The site will feature professional-grade multimedia creation software and an innovative curriculum developed by Adobe Youth Voices, the signature program of the Adobe Foundation, combined with high-tech music studio tools and a premium recording facility provided by the Peapod Foundation. Through the creation of digital media projects and expression via the performing arts, underprivileged teens are given the opportunity to find their voices, comment on important topical issues and inspire social change in their communities.
Six-time Grammy Award-winning recording artists The Black Eyed Peas – will.i.am, apl.de.ap, Taboo and Fergie – will officially announce the new Peapod Adobe Youth Voices Academy at a private ceremony today. Beginning July 2011, programs and services will be offered for youth ages 13-19. An estimated 150 youth are expected to participate in the academy annually.
“We are thrilled to work with the Peapod Foundation and Adobe Foundation to provide cutting edge programs to our youth,” said Philip Courtney, executive director, Urban Arts Partnership. “The academy will provide our young people with ongoing, multi-year opportunities to advance their artistic, academic and social development and make a difference in the world around them. Our goal is to motivate students to express their views in fresh, powerful ways – whether in a video documentary they produce themselves, a music recording or a dance performance.”
“Our passion for music and media was fueled by many generous people on our road to success,” said will.i.am. “Expanding the network of Peapod Adobe Youth Voices Academies enables us to pay it forward, giving more youth the skills and encouragement they need to realize their dreams.”
“We have seen tremendous results from our youth participants since we first partnered with the Peapod Foundation in August 2009,” said Michelle Mann, executive director, Adobe Foundation. “Not only are these teens building self esteem and exploring their creativity with leading-edge technologies, they are bringing change and awareness to social issues affecting their communities and acquiring the critical, real-world skills they need to prosper in the global 21st century economy.”
The Peapod Adobe Youth Voices Academies have served more than 1,000 teens to date. A fifth site, planned for San Jose, Calif., will be opened later this year. Students from the Redwood City academy have traveled as far as Washington, D.C., and Munich, Germany, to screen and perform their projects at conferences such as the U.S. Department of Education’s National Youth Summit and the Digital Life Design Women's Conference.
About Urban Arts Partnership
Urban Arts Partnership, founded in 1991 as a not-for-profit cultural organization based on the belief that art is essential to human development, education and culture, provides arts education and integration programs to underserved schools and communities throughout New York City. Urban Arts Partnership currently partners with 65 underserved schools, impacting more than 12,000 students annually with the mission of advancing the intellectual, social and artistic development of underserved public school students through arts-integrated education programs to close the achievement gap. For the past 18 years, UAP has created in-depth partnerships with schools and communities by implementing art programs that help youth better understand essential academic content while exploring new tools to support their social and emotional development. UAP’s theater, video, visual arts, dance, design, poetry, and music education programs have visited over 250 New York City public schools and engaged more than 30,000 young people, teachers and community members. An emphasis on inquiry-based pedagogy challenges young people to become active learners, eager to exercise critical thinking, leadership and creative skills.
About The Black Eyed Peas Peapod Foundation
The Black Eyed Peas Peapod Foundation encourages social change by uniting people, especially children, through the universal language of music. In 2008, the foundation opened the first Peapod Music & Arts Academy, a state-of-the-art music and educational center and recording facility serving foster care youth and other at-risk teens, at the Watts/Willowbrook Boys and Girls Club. The Peapod Foundation was established as a Charitable Service Fund administered by the Entertainment Industry Foundation. For more information, visit http://www.thepeapodfoundation.com/.
About Adobe Youth Voices
Adobe Youth Voices is the Adobe Foundation’s global philanthropic initiative that empowers youth from underserved communities with digital media skills so they can comment on their world, share their ideas and take action on issues that are important to them. By harnessing the energy and insight of youth 13-19 years old, Adobe Youth Voices aims to inspire a dialogue for change in their communities. The program engages youth to express themselves through documentary videos, photography, print media, radio diaries, animation, Web communications and other media. Since 2006, the Adobe Youth Voices global network has grown to more than 700 sites, grantees and organizations in 45 countries, and has engaged more than 76,000 youth and 4,000 educators in schools and out-of-school programs. For more information, visit http://www.youthvoices.adobe.com/.
About the Adobe Foundation
The Adobe Foundation is a 501(c)(3) private foundation created and funded by Adobe Systems Incorporated to leverage human, technological and financial resources to drive social change and community improvements.
Contacts
Adobe Systems Incorporated
Jodi Sorensen, 408-536-2084
jsorensen@adobe.com
or
Edelman
Victoria Chu, 650-762-2834
victoria.chu@edelman.com
or
EIF/The Black Eyed Peas Peapod Foundation
Maurine Slutzky, 213-240-3923
mslutzky@eifoundation.org
Thursday, March 10, 2011
Q&A interview with Illinois based musician, Dan Ross; Walking for Peace and the People of Pine Ridge Reservation April 15th
Investorideas.com presents a recent Q&A interview with Illinois based musician, Dan Ross, as he gets ready for his 2000 mile walk across America for peace and the people of Pine Ridge Reservation in April.
On April 15, Dan Ross begins his walk from Chicago, Illinois to the Oregon coast.
Funds raised from his walk will be donated to the youth of the Pine Ridge Reservation and the non-profit ONE Spirit.
Investorideas.com tells readers what motivates a musician known as "Goofy Guitarist" on YouTube.com to walk for the people of Pine Ridge.
Pine Ridge is an Oglala Sioux Native American reservation located in South Dakota. Pine Ridge is the eighth-largest reservation in the UnitedStates
, and is also sadly, the poorest
Q: Investorideas.com
Dan, you walk for peace is in Synchrodestiny with the universe now as we have witnessed one of the most dramatic and peaceful protests by a people in Egypt.
Can you tell us what motivated and inspired you to take on such a challenging endeavor?
A: Dan Ross
Q: Investorideas.com
You have chose the youth of the Pine Ridge Reservation and the building of the Safe House and youth center as your non-profit to dedicate this to. A white youth from Illinois dedicating his walk to the native youth at Pine Ridge is an unexpected storyline; can you tell us how that came to be?
A: Dan Ross
Q: Investorideas.com
Listening to your music, and you are really good by the way, one of your songs is called "Taking action ". Is that how you live your life?
A: Dan Ross
Q: Investorideas.com
We saw with Egypt how the young protesters made effective use of Facebook.com and Twitter.com to get their message and story out. Do you see it playing a big role in your walk and getting donations and awareness?
A: Dan Ross
Q: Investorideas.com
What is your goal in terms of dollar amount you hope to raise with your walk and how can people donate and support what you are doing?
A: Dan Ross
Q: Investorideas.com
Any inspirational words for our readers in closing?
A: Dan Ross
Follow Dan On Facebook
Learn more about Dan's mission at his facebook group:
Dan Ross Walks to the Pacific
Hear Dan's:
http://www.youtube.com/user/goofyguitarist11
ONE Spirit is proud to be able to offer a way for you to directly help a Lakota child, family, or elder in need.
http://www.nativeprogress.org/
ONE Spirit is a Native American service organization founded to assist and support American Indians. We are proud to think of our organization, ONE Spirit, as a group of people who exchange friendship, with American Indians. at present our focus is the Lakota Sioux in South Dakota. We invite you to become part of ONE Spirit's network of sponsors, partners, friends and volunteers, to dream with the Lakota people a new dream - and to help the dreams come alive!
Mission
The ONE Spirit Mission is to assist the Lakota people in preserving and revitalizing the Lakota culture, language, and self-sufficiency while meeting the basic needs of Lakota families, children, and elders. We strive to cultivate an intercultural relationship that recognizes that we are all related and that American Indians are an equal and valued part of our society.
Follow One Spirit on Twitter
Follow One Spirit's Blog
Jeri Baker
ONE Spirit Executive Director
570-460-6567
jbaker@nativeprogress.org
Diane Capalario
ONE Spirit Assistant Director
dcapalario@nativeprogress.org
About Investorideas.com
Investor ideas that can change the world
Learn more about the non - profits we support and endorse
http://www.investorideas.com/About/Newsletter/CharitableCauses.asp
Contact Investorideas.com 800 665 0411
Dvanzant@investorideas.com
On April 15, Dan Ross begins his walk from Chicago, Illinois to the Oregon coast.
Funds raised from his walk will be donated to the youth of the Pine Ridge Reservation and the non-profit ONE Spirit.
Investorideas.com tells readers what motivates a musician known as "Goofy Guitarist" on YouTube.com to walk for the people of Pine Ridge.
Pine Ridge is an Oglala Sioux Native American reservation located in South Dakota. Pine Ridge is the eighth-largest reservation in the United
Q: Investorideas.com
Dan, you walk for peace is in Synchrodestiny with the universe now as we have witnessed one of the most dramatic and peaceful protests by a people in Egypt.
Can you tell us what motivated and inspired you to take on such a challenging endeavor?
A: Dan Ross
Q: Investorideas.com
You have chose the youth of the Pine Ridge Reservation and the building of the Safe House and youth center as your non-profit to dedicate this to. A white youth from Illinois dedicating his walk to the native youth at Pine Ridge is an unexpected storyline; can you tell us how that came to be?
A: Dan Ross
Q: Investorideas.com
Listening to your music, and you are really good by the way, one of your songs is called "Taking action ". Is that how you live your life?
A: Dan Ross
Q: Investorideas.com
We saw with Egypt how the young protesters made effective use of Facebook.com and Twitter.com to get their message and story out. Do you see it playing a big role in your walk and getting donations and awareness?
A: Dan Ross
Q: Investorideas.com
What is your goal in terms of dollar amount you hope to raise with your walk and how can people donate and support what you are doing?
A: Dan Ross
Q: Investorideas.com
Any inspirational words for our readers in closing?
A: Dan Ross
Follow Dan On Facebook
Learn more about Dan's mission at his facebook group:
Dan Ross Walks to the Pacific
Hear Dan's:
http://www.youtube.com/user/goofyguitarist11
ONE Spirit is proud to be able to offer a way for you to directly help a Lakota child, family, or elder in need.
http://www.nativeprogress.org/
ONE Spirit is a Native American service organization founded to assist and support American Indians. We are proud to think of our organization, ONE Spirit, as a group of people who exchange friendship, with American Indians. at present our focus is the Lakota Sioux in South Dakota. We invite you to become part of ONE Spirit's network of sponsors, partners, friends and volunteers, to dream with the Lakota people a new dream - and to help the dreams come alive!
Mission
The ONE Spirit Mission is to assist the Lakota people in preserving and revitalizing the Lakota culture, language, and self-sufficiency while meeting the basic needs of Lakota families, children, and elders. We strive to cultivate an intercultural relationship that recognizes that we are all related and that American Indians are an equal and valued part of our society.
Follow One Spirit on Twitter
Follow One Spirit's Blog
Jeri Baker
ONE Spirit Executive Director
570-460-6567
jbaker@nativeprogress.org
Diane Capalario
ONE Spirit Assistant Director
dcapalario@nativeprogress.org
About Investorideas.com
Investor ideas that can change the world
Learn more about the non - profits we support and endorse
http://www.investorideas.com/About/Newsletter/CharitableCauses.asp
Contact Investorideas.com 800 665 0411
Dvanzant@investorideas.com
Tuesday, February 15, 2011
Young YouTube Musician Raises Funds and Awareness for Safe House at Pine Ridge Reservation
February 15, 2011 (Investorideas.com Newswire)- Investorideas.com and its non-profit newswire interviews Illinois based musician, Dan Ross, as he nears his date for his 2000 mile walk across America for peace. Investorideas.com finds out what motivates a musician known as �Goofy Guitarist� on YouTube.com to walk for the people of Pine Ridge.
On April 15, Dan Ross begins his walk from Chicago, Illinois to the Oregon coast.
Funds raised from his walk will be donated to the youth of the Pine Ridge Reservation and the non-profit ONE Spirit.
Pine Ridge is an Oglala Sioux Native American reservation located in South Dakota. Pine Ridge is the eighth-largest reservation in the United States, and is also sadly, the poorest
Q: Investorideas.com
Dan, you walk for peace is in Synchrodestiny with the universe now as we have witnessed one of the most dramatic and peaceful protests by a people in Egypt.
Can you tell us what motivated and inspired you to take on such a challenging endeavor?
A: Dan Ross
Honestly, I was watching "Forrest Gump" one night during the fall of 2010 when I was first struck with the idea to walk across 2/3 of the country. For those of you who are unfortunate enough not to have seen the movie (because it's a good one!), the main character spontaneously decides to run across the entire country, and it is certainly an inspiring moment in the film. Before that night, I had already planned on moving out of my hometown in 2011, in an effort to broaden my horizons and gain a new clarity of mind so that I might discover what I'd like to pursue in life; I just wasn't sure exactly where I would go or how I'd get there. So I would say that I was primed, ready, and waiting for a good idea to come along. All I needed was a spark of inspiration.
What motivates me to take on such a challenging endeavor is the fact that it IS a challenge. I enjoy pushing myself, if for no other reason than to test my own potential. Also, I believe traveling is one of the wisest things a person can do with their time and money- it allows you to learn things which cannot be taught. The possibilities of what I can learn from this journey are more than enough to motivate me to do it.
Q: Investorideas.com
You have chose the youth of the Pine Ridge Reservation and the building of the Safe House and youth center as your non-profit to dedicate this to. A white youth from Illinois dedicating his walk to the native youth at Pine Ridge is an unexpected storyline; can you tell us how that came to be?
A: Dan Ross
Once I was certain that I would walk to the ocean in 2011, I began to think that maybe someone besides myself could benefit from this whole thing. After quite a bit of brainstorming, I was still unable to decide what cause I would walk for. Then, amidst the planning of my route, I noticed I would be walking right through the Pine Ridge Reservation in South Dakota, a place which I knew nothing about at the time. So I did a little research, and the information I found was startling and overwhelming- unemployment estimated at 87%, life expectancy of about 50 years, 90% living below the federal poverty level, and teenage suicide rates 3 1/2 times the national average. I couldn't believe that this place was located practically right in the middle of the United States. The fact that I was unaware of the situation at Pine Ridge makes me think that most others living in this country are unaware, as well. From this point on, I was sure that I had found a just cause.
After notifying One Spirit that I would like to help, we decided I should dedicate the walk primarily to the youth on the reservation. If you provide the younger generation with a safer childhood, and more opportunities to learn and grow, it becomes likely that they will want to take action to help the next generation in the same way. If all a child knows growing up is poverty, it's easier to turn to drugs and/or gangs as a way out. I want to help show them something better.
Q: Investorideas.com
Listening to your music, and you are really good by the way, one of your songs is called "Taking action ". Is that how you live your life?
A: Dan Ross
I will admit that I am not always "taking action" in my life, and that I don't mean to either. I like taking the time to think things through and plan carefully to ensure that when I do take action, I get results. However with that being said, there has been a lack of action being taken in my life this past year. I suppose I still don't know what I want to be when I grow up, but wait, I'm already grown up! 2010 seemed to fly by, and my mind is clouded with uncertainty regarding where I'm going in life. By embarking on this walk, I will take action to gain a new perspective on things, and help the Lakota people in the process.
Q: Investorideas.com
We saw with Egypt how the young protesters made effective use of Facebook.com and Twitter.com to get their message and story out. Do you see it playing a big role in your walk and getting donations and awareness?
A: Dan Ross
Facebook and Twitter are certainly crucial in raising awareness for the walk. One Spirit and myself have already established contact over Facebook with people in other states who are eager to help coordinate the walk and spread the word. Throughout the walk I'll be posting updates on both Facebook and Twitter about where I am and what I'm doing so people can follow along. So if you're interested, join the group! And invite your friends!
Q: Investorideas.com
What is your goal in terms of dollar amount you hope to raise with your walk and how can people donate and support what you are doing?
A: Dan Ross
I would rather not set a specific $ amount for a goal, as the main purpose of the walk is not only to raise money for the youth center One Spirit plans to build on the reservation, but also to raise awareness of the conditions at Pine Ridge. People who have never even heard of the place (like myself before this whole thing got started) need to know about it, because it's right here in America. Even if all I accomplished at the end of the walk was telling everyone about it, I would still consider it a success.
To donate, you can become a sponsor and give a dollar amount per mile, per state, or for the entire trip by visiting the One Spirit website at <www.nativeprogress.org>. Donations can be made through the website using Paypal, or by mailing a check or money order to :
Q: Investorideas.com
Any inspirational words for our readers in closing?
A: Dan Ross
Travel. Go places. Meet people. See and do things you've never seen and done before. It will make you more worldly, which makes you wiser. Staying in the same place for too long without ever leaving, not even for a small weekend trip, will cause your world to shrink around you, and you'll shrink with it. So broaden your horizons, see the world, and be aware of what's going on both near and far and you will be better for it.
http://www.facebook.com/upgradeaccount.php
Follow Dan On Facebook
Learn more about Dan's mission at his facebook group:
Dan Ross Walks to the Pacific
Hear Dan's Music:
http://www.youtube.com/user/goofyguitarist11
ONE Spirit is proud to be able to offer a way for you to directly help a Lakota child, family, or elder in need.
http://www.nativeprogress.org/
ONE Spirit is a Native American service organization founded to assist and support American Indians. We are proud to think of our organization, ONE Spirit, as a group of people who exchange friendship, with American Indians. at present our focus is the Lakota Sioux in South Dakota. We invite you to become part of ONE Spirit's network of sponsors, partners, friends and volunteers, to dream with the Lakota people a new dream - and to help the dreams come alive!
Mission
The ONE Spirit Mission is to assist the Lakota people in preserving and revitalizing the Lakota culture, language, and self-sufficiency while meeting the basic needs of Lakota families, children, and elders. We strive to cultivate an intercultural relationship that recognizes that we are all related and that American Indians are an equal and valued part of our society.
Follow One Spirit on Twitter
Follow One Spirit's Blog
Jeri Baker
ONE Spirit Executive Director
570-460-6567
jbaker@nativeprogress.org
Diane Capalario
ONE Spirit Assistant Director
dcapalario@nativeprogress.org
About Investorideas.com
Investor ideas that can change the world
Learn more about the non - profits we support and endorse
http://www.investorideas.com/About/Newsletter/CharitableCauses.asp
Contact Investorideas.com
800 665 0411
Dvanzant@investorideas.com
On April 15, Dan Ross begins his walk from Chicago, Illinois to the Oregon coast.
Funds raised from his walk will be donated to the youth of the Pine Ridge Reservation and the non-profit ONE Spirit.
Pine Ridge is an Oglala Sioux Native American reservation located in South Dakota. Pine Ridge is the eighth-largest reservation in the United States, and is also sadly, the poorest
Q: Investorideas.com
Dan, you walk for peace is in Synchrodestiny with the universe now as we have witnessed one of the most dramatic and peaceful protests by a people in Egypt.
Can you tell us what motivated and inspired you to take on such a challenging endeavor?
A: Dan Ross
Honestly, I was watching "Forrest Gump" one night during the fall of 2010 when I was first struck with the idea to walk across 2/3 of the country. For those of you who are unfortunate enough not to have seen the movie (because it's a good one!), the main character spontaneously decides to run across the entire country, and it is certainly an inspiring moment in the film. Before that night, I had already planned on moving out of my hometown in 2011, in an effort to broaden my horizons and gain a new clarity of mind so that I might discover what I'd like to pursue in life; I just wasn't sure exactly where I would go or how I'd get there. So I would say that I was primed, ready, and waiting for a good idea to come along. All I needed was a spark of inspiration.
What motivates me to take on such a challenging endeavor is the fact that it IS a challenge. I enjoy pushing myself, if for no other reason than to test my own potential. Also, I believe traveling is one of the wisest things a person can do with their time and money- it allows you to learn things which cannot be taught. The possibilities of what I can learn from this journey are more than enough to motivate me to do it.
Q: Investorideas.com
You have chose the youth of the Pine Ridge Reservation and the building of the Safe House and youth center as your non-profit to dedicate this to. A white youth from Illinois dedicating his walk to the native youth at Pine Ridge is an unexpected storyline; can you tell us how that came to be?
A: Dan Ross
Once I was certain that I would walk to the ocean in 2011, I began to think that maybe someone besides myself could benefit from this whole thing. After quite a bit of brainstorming, I was still unable to decide what cause I would walk for. Then, amidst the planning of my route, I noticed I would be walking right through the Pine Ridge Reservation in South Dakota, a place which I knew nothing about at the time. So I did a little research, and the information I found was startling and overwhelming- unemployment estimated at 87%, life expectancy of about 50 years, 90% living below the federal poverty level, and teenage suicide rates 3 1/2 times the national average. I couldn't believe that this place was located practically right in the middle of the United States. The fact that I was unaware of the situation at Pine Ridge makes me think that most others living in this country are unaware, as well. From this point on, I was sure that I had found a just cause.
After notifying One Spirit that I would like to help, we decided I should dedicate the walk primarily to the youth on the reservation. If you provide the younger generation with a safer childhood, and more opportunities to learn and grow, it becomes likely that they will want to take action to help the next generation in the same way. If all a child knows growing up is poverty, it's easier to turn to drugs and/or gangs as a way out. I want to help show them something better.
Q: Investorideas.com
Listening to your music, and you are really good by the way, one of your songs is called "Taking action ". Is that how you live your life?
A: Dan Ross
I will admit that I am not always "taking action" in my life, and that I don't mean to either. I like taking the time to think things through and plan carefully to ensure that when I do take action, I get results. However with that being said, there has been a lack of action being taken in my life this past year. I suppose I still don't know what I want to be when I grow up, but wait, I'm already grown up! 2010 seemed to fly by, and my mind is clouded with uncertainty regarding where I'm going in life. By embarking on this walk, I will take action to gain a new perspective on things, and help the Lakota people in the process.
Q: Investorideas.com
We saw with Egypt how the young protesters made effective use of Facebook.com and Twitter.com to get their message and story out. Do you see it playing a big role in your walk and getting donations and awareness?
A: Dan Ross
Facebook and Twitter are certainly crucial in raising awareness for the walk. One Spirit and myself have already established contact over Facebook with people in other states who are eager to help coordinate the walk and spread the word. Throughout the walk I'll be posting updates on both Facebook and Twitter about where I am and what I'm doing so people can follow along. So if you're interested, join the group! And invite your friends!
Q: Investorideas.com
What is your goal in terms of dollar amount you hope to raise with your walk and how can people donate and support what you are doing?
A: Dan Ross
I would rather not set a specific $ amount for a goal, as the main purpose of the walk is not only to raise money for the youth center One Spirit plans to build on the reservation, but also to raise awareness of the conditions at Pine Ridge. People who have never even heard of the place (like myself before this whole thing got started) need to know about it, because it's right here in America. Even if all I accomplished at the end of the walk was telling everyone about it, I would still consider it a success.
To donate, you can become a sponsor and give a dollar amount per mile, per state, or for the entire trip by visiting the One Spirit website at <www.nativeprogress.org>. Donations can be made through the website using Paypal, or by mailing a check or money order to :
One Spirit
P.O. Box 3209
Rapid City, SD 57709
Additional information regarding the walk can easily be found at the website. Even if you don't have much to give, every little bit counts and is greatly appreciated! P.O. Box 3209
Rapid City, SD 57709
Q: Investorideas.com
Any inspirational words for our readers in closing?
A: Dan Ross
Travel. Go places. Meet people. See and do things you've never seen and done before. It will make you more worldly, which makes you wiser. Staying in the same place for too long without ever leaving, not even for a small weekend trip, will cause your world to shrink around you, and you'll shrink with it. So broaden your horizons, see the world, and be aware of what's going on both near and far and you will be better for it.
http://www.facebook.com/upgradeaccount.php
Follow Dan On Facebook
Learn more about Dan's mission at his facebook group:
Dan Ross Walks to the Pacific
Hear Dan's Music:
http://www.youtube.com/user/goofyguitarist11
ONE Spirit is proud to be able to offer a way for you to directly help a Lakota child, family, or elder in need.
http://www.nativeprogress.org/
ONE Spirit is a Native American service organization founded to assist and support American Indians. We are proud to think of our organization, ONE Spirit, as a group of people who exchange friendship, with American Indians. at present our focus is the Lakota Sioux in South Dakota. We invite you to become part of ONE Spirit's network of sponsors, partners, friends and volunteers, to dream with the Lakota people a new dream - and to help the dreams come alive!
Mission
The ONE Spirit Mission is to assist the Lakota people in preserving and revitalizing the Lakota culture, language, and self-sufficiency while meeting the basic needs of Lakota families, children, and elders. We strive to cultivate an intercultural relationship that recognizes that we are all related and that American Indians are an equal and valued part of our society.
Follow One Spirit on Twitter
Follow One Spirit's Blog
Jeri Baker
ONE Spirit Executive Director
570-460-6567
jbaker@nativeprogress.org
Diane Capalario
ONE Spirit Assistant Director
dcapalario@nativeprogress.org
About Investorideas.com
Investor ideas that can change the world
Learn more about the non - profits we support and endorse
http://www.investorideas.com/About/Newsletter/CharitableCauses.asp
Contact Investorideas.com
800 665 0411
Dvanzant@investorideas.com
Saturday, July 31, 2010
Deepwater Rising ; Make a Clean Start- Acoustic about BP Oil Spill
Deepwater Rising ; Make a Clean Start- Acoustic about BP Oil Spill
From: DawnVZ July 04, 2010 131 views
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Deepwater Rising; Original Acoustic by Taylor Van Zant about the BP Gulf Coast Oil Spill and cry out to nations to make a clean start ... and save the oceans
News and Stories Published at the Clean Energy Stocks Blog for Green Investors:
Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories. Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010.
Join us today: Become an Investorideas.com member and research stocks and invest in cleantech : get login access to all 4 cleantech stock directories including water stocks and renewable energy stocks : http://www.investorideas.com/membership/
.Disclaimer: this is not a solicitation to buy or sell stocks, or an endorsement for any company.
Friday, July 16, 2010
Deepwater Rising; Original Acoustic by Taylor Van Zant about the Gulf Coast Oil Spill and cry out to nations to make a clean start ...
Deepwater Rising; Original Acoustic by Taylor Van Zant about the Gulf Coast Oil Spill and cry out to nations to make a clean start ...
Lyrics:
We can all walk on water
If the Oil gets too thick
Ain't the work of heavens
Its just an oil slick
As the water runs darker
The ocean cries out
It sends back our Karma
What's this all about?Chorus
- Deepwater keeps rising
WIth a black broken heart
Calling out to Nations
To make a clean start
repeat chorus
Copyright June 2010
full lyrics on youtube.com
Wednesday, July 14, 2010
First Live Streamed Concert to Cell Phone Platform; Pay Per View Event Combines Music, Technology and Social Media with Hip Hop Star Soulja Boy
First Live Streamed Concert to Cell Phone Platform; Pay Per View Event Combines Music, Technology and Social Media with Hip Hop Star Soulja Boy
Presented by SwaggMedia.com, StreamWeaver and Mathew Gavin
Soulja Boy Red Carpet Birthday Bash and Performance Streamed Live
July 28th, Win Tickets with Radio One
(Los Angeles, CA) – Swaggmedia.com teams up with Hip Hop Super Star and Twitter phenomenon, Soulja Boy to celebrate his birthday with a red carpet bash, exclusive performance and pay per view event. The event takes place July 28th in Hollywood, California and those not on the private invite list, have an additional opportunity to be involved. Swaggmedia.com and Mathew Gavin present a pay per view live stream for only $2.99 when you log on to SwaggMedia.com.
The internet music marketing boom has been growing exponentially for two main reasons, one of which stems in artists themselves being more involved in their own marketing efforts and secondly the growth of social media outlets including Facebook, YouTube, Twitter and music blogs like (World Star Hip Hop, Southern Hospitality, Bossip etc.) On the forefront of this trend is SwaggMedia whose platform is about connecting listeners to unique content with premium technology. Craig Nobles, Swaggmedia.com’s founder commented, “The future of music is a combination of technology teamed up with the artist to provide immediate and continuous content. Swaggmedia.com provides just that, an opportunity to reach millions of viewers with their music, products and interviews from the comfort of their home or the convenience of their cell phone.”
The Birthday Bash will include celebrities, VIP guests and a combination of Soulja Boy’s current hits and a preview of his upcoming album. Soulja Boy has over two million twitter fans and followers.
For more information log on to SwaggMedia.com.
Presented by SwaggMedia.com, StreamWeaver and Mathew Gavin
Soulja Boy Red Carpet Birthday Bash and Performance Streamed Live
July 28th, Win Tickets with Radio One
(Los Angeles, CA) – Swaggmedia.com teams up with Hip Hop Super Star and Twitter phenomenon, Soulja Boy to celebrate his birthday with a red carpet bash, exclusive performance and pay per view event. The event takes place July 28th in Hollywood, California and those not on the private invite list, have an additional opportunity to be involved. Swaggmedia.com and Mathew Gavin present a pay per view live stream for only $2.99 when you log on to SwaggMedia.com.
The internet music marketing boom has been growing exponentially for two main reasons, one of which stems in artists themselves being more involved in their own marketing efforts and secondly the growth of social media outlets including Facebook, YouTube, Twitter and music blogs like (World Star Hip Hop, Southern Hospitality, Bossip etc.) On the forefront of this trend is SwaggMedia whose platform is about connecting listeners to unique content with premium technology. Craig Nobles, Swaggmedia.com’s founder commented, “The future of music is a combination of technology teamed up with the artist to provide immediate and continuous content. Swaggmedia.com provides just that, an opportunity to reach millions of viewers with their music, products and interviews from the comfort of their home or the convenience of their cell phone.”
The Birthday Bash will include celebrities, VIP guests and a combination of Soulja Boy’s current hits and a preview of his upcoming album. Soulja Boy has over two million twitter fans and followers.
For more information log on to SwaggMedia.com.
NEW YORK STATE AND CITY OF NEW YORK TO HONOR NYC LATIN MUSIC LEGEND AND KING IN CEREMONY
NEW YORK STATE AND CITY OF NEW YORK TO HONOR NYC LATIN MUSIC LEGEND AND KING IN CEREMONY
MAJOR ANNOUNCEMENT OF TRIBUTE CONCERT IN MAMBO KING'S MEMORY
New York State Senate President Malcolm A. Smith, Assemblywoman Carmen E. Arroyo and William Ferro of 1800-Cantaso will join Tito Puente, Jr. in a special ceremony and press conference honoring Latin music king and legend Tito Puente tomorrow, Thursday, July 15 at 4:00 PM at 424 W. 33rd St., Suite 440 in Manhattan, NY. They will be announcing a major tribute concert for Tito Puente featuring some of the nation's best performers will be announced.
City of New York officials will be making a special presentation. Hundreds of Latino government, civic, community and business leaders will be attending as well. It has been a decade since the music icon has passed away.
Tito Puente was born on April 20, 1923, in New York City. He is best known for the dance-oriented mambo and Latin jazz music he created throughout a musical career spanning over 50 years, during which he recorded 120 albums, composed more than 450 compositions, and had over 2,000 arrangements to his credit. He performed in over 10,000 events around the world. Puente received numerous awards for his work, including five Grammy Awards. He was popularly referred to as "The King of Latin Music" or "El Rey" ("The King"). Tito Puente was featured in the film "The Mambo Kings" as himself.
WHEN: Thursday, July 15 at 4:00 PM
WHERE: 424 W. 33rd St., Suite 440 in Manhattan, NY
Contact Sharon David
212-244-7676 (Office) 973-204-6412 (Cell)
MAJOR ANNOUNCEMENT OF TRIBUTE CONCERT IN MAMBO KING'S MEMORY
New York State Senate President Malcolm A. Smith, Assemblywoman Carmen E. Arroyo and William Ferro of 1800-Cantaso will join Tito Puente, Jr. in a special ceremony and press conference honoring Latin music king and legend Tito Puente tomorrow, Thursday, July 15 at 4:00 PM at 424 W. 33rd St., Suite 440 in Manhattan, NY. They will be announcing a major tribute concert for Tito Puente featuring some of the nation's best performers will be announced.
City of New York officials will be making a special presentation. Hundreds of Latino government, civic, community and business leaders will be attending as well. It has been a decade since the music icon has passed away.
Tito Puente was born on April 20, 1923, in New York City. He is best known for the dance-oriented mambo and Latin jazz music he created throughout a musical career spanning over 50 years, during which he recorded 120 albums, composed more than 450 compositions, and had over 2,000 arrangements to his credit. He performed in over 10,000 events around the world. Puente received numerous awards for his work, including five Grammy Awards. He was popularly referred to as "The King of Latin Music" or "El Rey" ("The King"). Tito Puente was featured in the film "The Mambo Kings" as himself.
WHEN: Thursday, July 15 at 4:00 PM
WHERE: 424 W. 33rd St., Suite 440 in Manhattan, NY
Contact Sharon David
212-244-7676 (Office) 973-204-6412 (Cell)
Sunday, July 04, 2010
Deepwater Rising ; Calling out to Nations to Make a Clean Start ...
Deepwater Rising ; Calling out to Nations to Make a Clean Start ...
Deepwater Rising; Original Acoustic by Taylor Van Zant about the Gulf Coast Oil Spill and cry out to nations to make a clean start ...
We can all walk on water
If the Oil gets too thick
Ain't the work of heavens
Its just an oil slick
As the water runs darker
The ocean cries out
It sends back our Karma
What's this all about?
Chorus -
Deepwater keeps rising
WIth a black broken heart
Calling out to Nations
To make a clean start
repeat chorus
We can all walk on water
As the tears hit our feet
As we look below us
Its our souls we meet
Tell the life we've poisoned
With toxins and oil
We'll bury your sorrow
In the deepwater soil
more....
http://www.youtube.com/watch?v=esb7Z1irazo
Copyright June 2010
... (more info)
(less info)
Tuesday, April 20, 2010
Manufactured Music - Where are the purists ?
Manufactured Music - Where are the purists ?
I don’t think I can survive watching another Music Award Show with Taylor Swift singing live. No offense, she seems like a nice kid , but to anyone who loves music this generation of manufactured music from Taylor Swift to Justin Bieber to Miley Cyrus or the Jonas Brothers is enough to have Townes Van Zandt turn over in his grave .
I was lucky enough to be a teenager in the 70’s and grew up listening to some of the best rock music of all time . I ate real food, was active, did not have a cell phone or Facebook and listened to real music. We loved music and the love affair never stopped.
The world today is run by 12 year old girls following manufactured music , eating manufactured and processes food and living their lives online.
It’s a sad state of our society. Where are the purists of today? Bruce Springsteen, who is one of the greatest songwriters of my era and today never had a number one song…
The world has gone crazy. My hope for this generation is that they can grow up to one day listen to Bob Dylan , while eating raw or organic food , drinking a great glass of red wine discussing his lyrics with real friends , in person, face to face .
If society is historically judged by its culture and arts – what are we saying today ?
I don’t think I can survive watching another Music Award Show with Taylor Swift singing live. No offense, she seems like a nice kid , but to anyone who loves music this generation of manufactured music from Taylor Swift to Justin Bieber to Miley Cyrus or the Jonas Brothers is enough to have Townes Van Zandt turn over in his grave .
I was lucky enough to be a teenager in the 70’s and grew up listening to some of the best rock music of all time . I ate real food, was active, did not have a cell phone or Facebook and listened to real music. We loved music and the love affair never stopped.
The world today is run by 12 year old girls following manufactured music , eating manufactured and processes food and living their lives online.
It’s a sad state of our society. Where are the purists of today? Bruce Springsteen, who is one of the greatest songwriters of my era and today never had a number one song…
The world has gone crazy. My hope for this generation is that they can grow up to one day listen to Bob Dylan , while eating raw or organic food , drinking a great glass of red wine discussing his lyrics with real friends , in person, face to face .
If society is historically judged by its culture and arts – what are we saying today ?
Monday, February 22, 2010
ASCAP Elevates Nashville to Regional Office to Serve all Musical Genres
ASCAP Elevates Nashville to Regional Office to Serve all Musical Genres
Industry Veteran Tim DuBois to Lead Expanded Nashville Office
ASCAP CEO John LoFrumento announced a major expansion of the company’s Nashville operations which will be elevated to a Regional Office serving all genres of music.
“The City of Nashville commends ASCAP for recognizing Music City’s evolution into a vibrant mecca, known worldwide for developing musical talent of all genres”
.Effective immediately, the newly established ASCAP Nashville Regional Office will be overseen by Nashville-based industry veteran Tim DuBois, who has been appointed Vice-President and Managing Executive of the operations, reporting to ASCAP Senior Vice-President and head of Domestic Membership Randy Grimmett. Connie Bradley, Senior Vice-President of ASCAP Nashville, will continue to serve the company as a Senior Advisor, reporting to Grimmett, in a role she had been discussing with LoFrumento for some time. In her new role, Bradley will advise the organization on trends and developments, travel on behalf of ASCAP and work closely with high-profile writers on special projects.
As a result of ASCAP’s expanded emphasis and investment in Nashville, the new Regional Office will now serve a broader array of members across musical genres and a multi-state geographic footprint while bolstering its services to new and existing members, according to LoFrumento.
“The City of Nashville commends ASCAP for recognizing Music City’s evolution into a vibrant mecca, known worldwide for developing musical talent of all genres,” Nashville Mayor Karl Dean said. “As the 2010 Grammys indicated, Nashville is producing today’s most popular music, and boasts one of the most energetic and talented pools of writers and performers in the country.”
The expansion reflects Nashville’s growing importance as a global music capital that is a magnet for songwriters and publishers in a spectrum of genres. Nashville is today the launching pad for many of the most talented writers and performers in all genres of music and the ASCAP office will respond to this growth and change in the marketplace by taking on a regional approach to its core mission in Nashville. ASCAP also expects to expand the geographic region the office serves, serving other parts of Tennessee, as well as Texas, Alabama, Georgia, Mississippi, Oklahoma, the Carolinas, Florida and Virginia, among others, LoFrumento said.
“From Brad Paisley to Paramore, from the Kings of Leon to Alan Jackson, Nashville is the home to many of the most exciting developments in today’s music industry,” said LoFrumento. “Our office, while continuing to serve the needs of Country and Christian music’s greatest writers and publishers, will expand our vision and strategy to also meet the needs of the Pop, International, Urban and Folk writers, as well as film and television composers, who work, live and thrive in this region.”
In announcing DuBois’ appointment, Grimmett said, “ASCAP is privileged that an executive of Tim’s stature has joined us in this leadership role. Tim’s vision of the music industry and of Nashville’s prominent role dovetail perfectly with our expanded focus in Nashville. He will direct the daily operations of our team and office here, while assuring that ASCAP’s importance and impact grow even greater. We look forward to helping Tim fulfill that mission during this exciting time of expansion for ASCAP.”
DuBois stated, “I am excited about this opportunity to lead ASCAP’s Nashville Regional office. I believe ASCAP’s recognition of the influx and development of other successful genres of music in Nashville speaks volumes about the company’s commitment to our whole community. In addition, I hope to be able to address the growing needs of the business professionals who represent all genres of music here and to align the mission, goals and business strategies of this office with those of ASCAP’s Domestic Membership.”
DuBois has had a long career as one of the most successful executives in the recording industry having led both Arista Records and Universal South Records. A Clinical Professor of Management at Vanderbilt’s Owen School of Management and long-time ASCAP member, DuBois’ storied career has included recognition as a songwriter, manager, record executive and producer. Five songs that he has co-written have been No. 1 hits. DuBois’ songs have received numerous awards, and two Grammy Award nominations. As a producer, his accolades have included over twenty No. 1 and top 5 singles and more than a dozen gold, platinum, and double platinum albums. Tapped to open a Nashville division of Arista Records in 1989, DuBois discovered and signed Alan Jackson, Brooks & Dunn, Brad Paisley, BlackHawk, Pam Tillis and Diamond Rio. DuBois quickly turned the new label into one of the most successful in country music history, selling more than 75 million records worldwide in just four years.
After serving as president of Gaylord Entertainment’s Creative Content Group in 2001, DuBois went on to head Universal South Records with producer Tony Brown in 2002, a position he held until 2006. DuBois was recognized as the most powerful person in the music industry by Business Nashville in 1996, Record Executive of the year in 1992 by Pollstar, and was included in Entertainment Weekly’s list of 101 Most Powerful People in Entertainment in 1994 and 1995.
DuBois currently sits on the Board of Directors of the Country Music Association and the Academy of Country Music, and has served as a board member of the Country Music Foundation, Nashville Songwriters Association International, Leadership Music, and the National Academy of Recording Arts and Sciences. He is a co-founder and board member of MyWerx LLC, the former chairman of the Nashville Convention and Visitors Bureau, and is a board member of Sun Trust Bank in Nashville.
“We applaud Connie Bradley’s contributions to ASCAP over her 34 years with our organization,” said LoFrumento. “Her name will always be synonymous with ASCAP Nashville. She is a dedicated and hardworking executive, and we are thrilled that her vast knowledge base will continue to inform our strategic plans as an advisor for us.”
“John LoFrumento and I have been discussing this transition and new role for some time and I am pleased that these changes have come to fruition,” Bradley said. “After 34 years, this new role as a Strategic Advisor is an exciting change for me. I can focus on the strategic direction and vision for ASCAP, an organization I have loved for my entire career. I am also looking forward to having a bit more time to spend with my family. I am delighted to welcome my good friend Tim DuBois to ASCAP and to work with him during such a dynamic time of change as our organization broadens to meet the expanded role of Nashville as a music capital.”
About ASCAP
ASCAP is a membership association of more than 370,000 U.S. composers, songwriters, lyricists, and music publishers of every kind of music. Through agreements with affiliated international societies, ASCAP also represents hundreds of thousands of music creators worldwide. ASCAP is the only U.S. performing rights organization created and controlled by composers, songwriters and music publishers, with a Board of Directors elected by and from the membership. ASCAP protects the rights of its members by licensing and distributing royalties for the non-dramatic public performances of their copyrighted works. ASCAP's licensees encompass all who want to perform copyrighted music publicly. ASCAP makes giving and obtaining permission to perform music simple for both creators and users of music.
Industry Veteran Tim DuBois to Lead Expanded Nashville Office
ASCAP CEO John LoFrumento announced a major expansion of the company’s Nashville operations which will be elevated to a Regional Office serving all genres of music.
“The City of Nashville commends ASCAP for recognizing Music City’s evolution into a vibrant mecca, known worldwide for developing musical talent of all genres”
.Effective immediately, the newly established ASCAP Nashville Regional Office will be overseen by Nashville-based industry veteran Tim DuBois, who has been appointed Vice-President and Managing Executive of the operations, reporting to ASCAP Senior Vice-President and head of Domestic Membership Randy Grimmett. Connie Bradley, Senior Vice-President of ASCAP Nashville, will continue to serve the company as a Senior Advisor, reporting to Grimmett, in a role she had been discussing with LoFrumento for some time. In her new role, Bradley will advise the organization on trends and developments, travel on behalf of ASCAP and work closely with high-profile writers on special projects.
As a result of ASCAP’s expanded emphasis and investment in Nashville, the new Regional Office will now serve a broader array of members across musical genres and a multi-state geographic footprint while bolstering its services to new and existing members, according to LoFrumento.
“The City of Nashville commends ASCAP for recognizing Music City’s evolution into a vibrant mecca, known worldwide for developing musical talent of all genres,” Nashville Mayor Karl Dean said. “As the 2010 Grammys indicated, Nashville is producing today’s most popular music, and boasts one of the most energetic and talented pools of writers and performers in the country.”
The expansion reflects Nashville’s growing importance as a global music capital that is a magnet for songwriters and publishers in a spectrum of genres. Nashville is today the launching pad for many of the most talented writers and performers in all genres of music and the ASCAP office will respond to this growth and change in the marketplace by taking on a regional approach to its core mission in Nashville. ASCAP also expects to expand the geographic region the office serves, serving other parts of Tennessee, as well as Texas, Alabama, Georgia, Mississippi, Oklahoma, the Carolinas, Florida and Virginia, among others, LoFrumento said.
“From Brad Paisley to Paramore, from the Kings of Leon to Alan Jackson, Nashville is the home to many of the most exciting developments in today’s music industry,” said LoFrumento. “Our office, while continuing to serve the needs of Country and Christian music’s greatest writers and publishers, will expand our vision and strategy to also meet the needs of the Pop, International, Urban and Folk writers, as well as film and television composers, who work, live and thrive in this region.”
In announcing DuBois’ appointment, Grimmett said, “ASCAP is privileged that an executive of Tim’s stature has joined us in this leadership role. Tim’s vision of the music industry and of Nashville’s prominent role dovetail perfectly with our expanded focus in Nashville. He will direct the daily operations of our team and office here, while assuring that ASCAP’s importance and impact grow even greater. We look forward to helping Tim fulfill that mission during this exciting time of expansion for ASCAP.”
DuBois stated, “I am excited about this opportunity to lead ASCAP’s Nashville Regional office. I believe ASCAP’s recognition of the influx and development of other successful genres of music in Nashville speaks volumes about the company’s commitment to our whole community. In addition, I hope to be able to address the growing needs of the business professionals who represent all genres of music here and to align the mission, goals and business strategies of this office with those of ASCAP’s Domestic Membership.”
DuBois has had a long career as one of the most successful executives in the recording industry having led both Arista Records and Universal South Records. A Clinical Professor of Management at Vanderbilt’s Owen School of Management and long-time ASCAP member, DuBois’ storied career has included recognition as a songwriter, manager, record executive and producer. Five songs that he has co-written have been No. 1 hits. DuBois’ songs have received numerous awards, and two Grammy Award nominations. As a producer, his accolades have included over twenty No. 1 and top 5 singles and more than a dozen gold, platinum, and double platinum albums. Tapped to open a Nashville division of Arista Records in 1989, DuBois discovered and signed Alan Jackson, Brooks & Dunn, Brad Paisley, BlackHawk, Pam Tillis and Diamond Rio. DuBois quickly turned the new label into one of the most successful in country music history, selling more than 75 million records worldwide in just four years.
After serving as president of Gaylord Entertainment’s Creative Content Group in 2001, DuBois went on to head Universal South Records with producer Tony Brown in 2002, a position he held until 2006. DuBois was recognized as the most powerful person in the music industry by Business Nashville in 1996, Record Executive of the year in 1992 by Pollstar, and was included in Entertainment Weekly’s list of 101 Most Powerful People in Entertainment in 1994 and 1995.
DuBois currently sits on the Board of Directors of the Country Music Association and the Academy of Country Music, and has served as a board member of the Country Music Foundation, Nashville Songwriters Association International, Leadership Music, and the National Academy of Recording Arts and Sciences. He is a co-founder and board member of MyWerx LLC, the former chairman of the Nashville Convention and Visitors Bureau, and is a board member of Sun Trust Bank in Nashville.
“We applaud Connie Bradley’s contributions to ASCAP over her 34 years with our organization,” said LoFrumento. “Her name will always be synonymous with ASCAP Nashville. She is a dedicated and hardworking executive, and we are thrilled that her vast knowledge base will continue to inform our strategic plans as an advisor for us.”
“John LoFrumento and I have been discussing this transition and new role for some time and I am pleased that these changes have come to fruition,” Bradley said. “After 34 years, this new role as a Strategic Advisor is an exciting change for me. I can focus on the strategic direction and vision for ASCAP, an organization I have loved for my entire career. I am also looking forward to having a bit more time to spend with my family. I am delighted to welcome my good friend Tim DuBois to ASCAP and to work with him during such a dynamic time of change as our organization broadens to meet the expanded role of Nashville as a music capital.”
About ASCAP
ASCAP is a membership association of more than 370,000 U.S. composers, songwriters, lyricists, and music publishers of every kind of music. Through agreements with affiliated international societies, ASCAP also represents hundreds of thousands of music creators worldwide. ASCAP is the only U.S. performing rights organization created and controlled by composers, songwriters and music publishers, with a Board of Directors elected by and from the membership. ASCAP protects the rights of its members by licensing and distributing royalties for the non-dramatic public performances of their copyrighted works. ASCAP's licensees encompass all who want to perform copyrighted music publicly. ASCAP makes giving and obtaining permission to perform music simple for both creators and users of music.
Monday, September 21, 2009
Music Industry News - More Declines For Music Ringtones
More Declines For Music Ringtones: IBISWorld Forecasts Revenue To Drop For Second Consecutive Year, Skipping Mature Phase Of Life Cycle
LOS ANGELES- Sept 21 --The music ringtone market is within the decline stage of its short life cycle, according to industry research firm IBISWorld. The company forecasts industry revenue to decline for the second consecutive year - down 15 percent from its $880 million peak in 2007 - totalling just $750 million in 2009.
“Music ringtones practically boomed overnight, but with two consecutive years of decline it seems the industry is exiting just as rapidly as it entered,” said Toon van Beeck, senior analyst with IBISWorld. “And with the ringtone market already reaching its decline stage, its life cycle is only expected to last about 15 years.”
Normal life cycles consist of three phases: growth, mature and decline. Data indicates that the music ringtone market may have gone directly from growth to decline. If industry revenue peaked only two years ago and is already in decline, the mature phase was completely skipped or lasted for such a short period that it went unnoticed by most observers.
Surging demand of digital albums and singles, worth an estimated $1.94 billion, are the reason behind the eroding mobile ringtone market. Early ringtones were bought via text and cost consumers up to $5 a song. Today songs can be purchased for less than a dollar now that mobile phones can connect to the Internet and music can be stored on memory like a computer.
“Mobile Phones are now truly wireless Internet devices and allow consumers to download full songs for ringtones rather than the 30-second versions available in the past,” said van Beeck. “Providers like iTunes and Amazon.com have revolutionized the way we buy and use music, driving consumers to hang-up on ringtones.”
Related Reports:
Wireless Telecommunication Carriers: http://ibisworld.com/industry/retail.aspx?indid=1267&chid=1
Major Label Music Production: http://ibisworld.com/industry/default.aspx?indid=1004
Music Publishing: http://ibisworld.com/industry/summary.aspx?indid=1253&highlight=ringtone
Global Music Production & Distribution: http://ibisworld.com/globalindustry/retail.aspx?indid=2160&chid=1&rcid=0
Related Links:
Twitter: http://twitter.com/IBISWorld
Facebook: http://www.facebook.com/pages/Santa-Monica-CA/IBISWorld/121347533189
About IBISWorld, Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every U.S. industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information visit www.ibisworld.com or call 1-800-330-3772.
Published on Investorideas.com and Musicindustrystocks.comResearch music stocks - Music Industry Stocks Directory Investorideas.com Membership- Research Green Stocks Directory, Energy Stocks, Investors Newsletter and more… Helping find your best stock pick with our stock directories -Get Members only Restricted Content including the complete renewable energy stocks directory, water stocks directory, natural gas, oil and gas, biotech, defense and more coming soon. Members get access to 8 stock directories and the well known investor newsletter, the Insiders Corner. Coming soon – gold stocks directory.http://www.investorideas.com/membership/
LOS ANGELES- Sept 21 --The music ringtone market is within the decline stage of its short life cycle, according to industry research firm IBISWorld. The company forecasts industry revenue to decline for the second consecutive year - down 15 percent from its $880 million peak in 2007 - totalling just $750 million in 2009.
“Music ringtones practically boomed overnight, but with two consecutive years of decline it seems the industry is exiting just as rapidly as it entered,” said Toon van Beeck, senior analyst with IBISWorld. “And with the ringtone market already reaching its decline stage, its life cycle is only expected to last about 15 years.”
Normal life cycles consist of three phases: growth, mature and decline. Data indicates that the music ringtone market may have gone directly from growth to decline. If industry revenue peaked only two years ago and is already in decline, the mature phase was completely skipped or lasted for such a short period that it went unnoticed by most observers.
Surging demand of digital albums and singles, worth an estimated $1.94 billion, are the reason behind the eroding mobile ringtone market. Early ringtones were bought via text and cost consumers up to $5 a song. Today songs can be purchased for less than a dollar now that mobile phones can connect to the Internet and music can be stored on memory like a computer.
“Mobile Phones are now truly wireless Internet devices and allow consumers to download full songs for ringtones rather than the 30-second versions available in the past,” said van Beeck. “Providers like iTunes and Amazon.com have revolutionized the way we buy and use music, driving consumers to hang-up on ringtones.”
Related Reports:
Wireless Telecommunication Carriers: http://ibisworld.com/industry/retail.aspx?indid=1267&chid=1
Major Label Music Production: http://ibisworld.com/industry/default.aspx?indid=1004
Music Publishing: http://ibisworld.com/industry/summary.aspx?indid=1253&highlight=ringtone
Global Music Production & Distribution: http://ibisworld.com/globalindustry/retail.aspx?indid=2160&chid=1&rcid=0
Related Links:
Twitter: http://twitter.com/IBISWorld
Facebook: http://www.facebook.com/pages/Santa-Monica-CA/IBISWorld/121347533189
About IBISWorld, Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every U.S. industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information visit www.ibisworld.com or call 1-800-330-3772.
Published on Investorideas.com and Musicindustrystocks.comResearch music stocks - Music Industry Stocks Directory Investorideas.com Membership- Research Green Stocks Directory, Energy Stocks, Investors Newsletter and more… Helping find your best stock pick with our stock directories -Get Members only Restricted Content including the complete renewable energy stocks directory, water stocks directory, natural gas, oil and gas, biotech, defense and more coming soon. Members get access to 8 stock directories and the well known investor newsletter, the Insiders Corner. Coming soon – gold stocks directory.http://www.investorideas.com/membership/
Investors and Traders - Publish Your Best Music Stock Picks and Stock Profiles On Investorideas.com
Investors and Traders - Publish Your Best Music Stock Picks and Stock Profiles On Investorideas.com
“Big Ideas for the Small Cap Investor "; Sharing Trading Ideas and Investor Ideas
Delta B.C., September 21, 2009 - www.InvestorIdeas.com, a leading investor research portal specialized in sector investing announces a new content submission service for investors and traders to publish and share their stock picks and stock profiles. True to the Investor Ideas theme and logo- “Big Ideas for the Small Cap Investor”, the new content submission gives investors direct access to other investors on the site.
The Stock profiles and stock picks include the company’s name, symbol, exchange, sector, current stock price and a profile written by investors. Investorideas.com covers multiple sectors from renewable energy, to water, to mining ,tech, digital media and music stocks.
The new content, entitled, "Your Best Investor Ideas at Investorideas.com" Stock Picks from Investors. The free content publishing service for investors gives investors a platform to showcase their stock picking expertise and share results with other online traders and investors .
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“Big Ideas for the Small Cap Investor "; Sharing Trading Ideas and Investor Ideas
Delta B.C., September 21, 2009 - www.InvestorIdeas.com, a leading investor research portal specialized in sector investing announces a new content submission service for investors and traders to publish and share their stock picks and stock profiles. True to the Investor Ideas theme and logo- “Big Ideas for the Small Cap Investor”, the new content submission gives investors direct access to other investors on the site.
The Stock profiles and stock picks include the company’s name, symbol, exchange, sector, current stock price and a profile written by investors. Investorideas.com covers multiple sectors from renewable energy, to water, to mining ,tech, digital media and music stocks.
The new content, entitled, "Your Best Investor Ideas at Investorideas.com" Stock Picks from Investors. The free content publishing service for investors gives investors a platform to showcase their stock picking expertise and share results with other online traders and investors .
Publish Your Stock Profile – Tell other investors about your best stock pick!
http://www.investorideas.com/membership/investor-ideas-stocks-submission.asp
Terms and Conditions of Use: Please review the following terms and conditions before submitting.
*For Investors use only - no PR, IR Firms or Company IR
*Stocks must trade at a minimum of $0.15
*No Pink Sheet Stocks
Investorideas.com Additional Publishing Services:
News Release Submission – Publish your news release on our site and news RSS feeds – have your news read by thousand of investors each day! http://www1.investorideas.com/NewsUploader/Default.aspx
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Get Members only Restricted Content including the complete renewable energy stocks directory, water stocks directory, natural gas, oil and gas, biotech, defense and more coming soon. Members get access to 8 stock directories and the well known investor newsletter, the Insiders Corner. Coming soon – gold stocks directory.
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About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Visit the Investorideas.com Green Investor Portals: www.RenewableEnergyStocks.com ®, www.FuelCellCarNews.com ®, www.EnvironmentStocks.com, www.Water-Stocks.com and www.GreentechInvestor.com all within the Investorideas.com hub.
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. Disclosure: Investorideas is compensated by featured companies, news submissions and online advertising.
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Tuesday, July 21, 2009
Apple Inc. (NasdaqNM:AAPL) Reports Third Quarter Results-Best Non-Holiday Quarter Revenue and Earnings in Apple History
Apple Inc. (NasdaqNM:AAPL) Reports Third Quarter Results-Best Non-Holiday Quarter Revenue and Earnings in Apple History
CUPERTINO, Calif., July 21 2009 -- Apple Inc. (NasdaqNM:AAPL) today announced financial results for its fiscal 2009 third quarter ended June 27, 2009. The Company posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 per diluted share. These results compare to revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share, in the year-ago quarter. Gross margin was 36.3 percent, up from 34.8 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter's revenue. In accordance with the subscription accounting treatment required by GAAP, the Company recognizes revenue and cost of goods sold for iPhone(TM) and Apple TV® over their estimated economic lives. Adjusting GAAP sales and product costs to eliminate the impact of subscription accounting, the corresponding non-GAAP measures* for the quarter are $9.74 billion of "Adjusted Sales" and $1.94 billion of "Adjusted Net Income."
Apple sold 2.6 million Macintosh® computers during the quarter, representing a four percent unit increase over the year-ago quarter. The Company sold 10.2 million iPods during the quarter, representing a seven percent unit decline from the year-ago quarter. Quarterly iPhones sold were 5.2 million, representing 626 percent unit growth over the year-ago quarter.
"We're making our most innovative products ever and our customers are responding," said Steve Jobs, Apple's CEO. "We're thrilled to have sold over 5.2 million iPhones during the quarter and users have downloaded more than 1.5 billion applications from our App Store in its first year."
"We're extremely pleased to report record non-holiday quarter revenue and earnings and quarterly cash flow from operations of $2.3 billion," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the fourth fiscal quarter of 2009, we expect revenue in the range of about $8.7 billion to $8.9 billion and we expect diluted earnings per share in the range of about $1.18 to $1.23."
Apple will provide live streaming of its Q3 2009 financial results conference call utilizing QuickTime®, Apple's standards-based technology for live and on-demand audio and video streaming. The live webcast will begin at 2:00 p.m. PDT on July 21, 2009 at http://www.apple.com/quicktime/qtv/earningsq309/ and will also be available for replay for approximately two weeks thereafter.
*Non-GAAP Financial Measures
During fiscal 2007, the Company began selling iPhone and Apple TV. Because the Company may provide unspecified features and additional software products to iPhone and Apple TV customers in the future free of charge, in accordance with GAAP the Company recognizes revenue and cost of goods sold for these products on a straight-line basis over their economic lives, with any loss recognized at the time of sale. Currently, the economic lives of these products are estimated to be 24 months. This accounting treatment, referred to as subscription accounting, results in the deferral of almost all of the revenue and cost of goods sold during the quarter in which the products are sold to the customer. Other costs related to these products, including costs for engineering, sales, marketing and warranty, are expensed as incurred. Further, the costs to develop any future unspecified features and additional software products that may eventually be provided to customers also are expensed as incurred. In contrast, the Company generally recognizes revenue and cost of goods sold for its other products, such as Macs and iPods, at the time of sale, as the Company does not provide future unspecified features or additional software products to those customers free of charge.
In July 2008, the Company began selling iPhone 3G, the second-generation iPhone, and at that time significantly expanded distribution by establishing carrier relationships in over 70 countries. Unit sales of iPhone 3G have been significantly greater than sales of the first-generation iPhone. During the first quarter of iPhone 3G availability ended September 27, 2008, 6.9 million units were sold, exceeding the 6.1 million first-generation iPhone units sold in the prior five quarters combined.
In June 2009, the Company began selling iPhone 3GS, the third-generation iPhone. Unit sales of iPhones continued to be significant in the quarter ended June 27, 2009, with 5.2 million iPhones sold. As a result, the amount of revenue and product cost related to those iPhone sales that the Company deferred for recognition in future periods under subscription accounting was substantial. While the GAAP results provide significant insight into the Company's operations and financial position, management continues to supplement its analysis of the business using financial measures that look at the total sales, related product costs and resulting income for iPhones and Apple TVs sold to customers during the period. The presentation at the end of this press release includes the following non-GAAP measures: "Adjusted Sales," "Adjusted Cost of Sales," "Adjusted Gross Margin," "Adjusted Operating Margin," "Adjusted Net Income" and "Adjusted Diluted Earnings per Share." These financial measures are not consistent with GAAP because they do not reflect the deferral of revenue and product costs for recognition in later periods. The above-mentioned non-GAAP measures are generated by adjusting the related GAAP measures solely to reverse the effect of subscription accounting. The Company uses these financial measures, along with other measures discussed below, to provide additional insight into current operating and business trends not readily apparent from the GAAP results.
Management uses Adjusted Sales to evaluate the Company's growth rate, revenue mix and performance relative to competitors. Given the impact of iPhone unit sales during the quarter ended June 27, 2009, Adjusted Sales provides a meaningful measurement of the Company's growth by reflecting amounts generally due to Apple at the time of sale related to products sold within the period. Further, eliminating the effects of deferred revenue (current sales deferred to future periods and prior sales being recognized currently) provides more transparency into the Company's underlying sales trends. Management uses the non-GAAP measures of "Adjusted Cost of Sales," "Adjusted Gross Margin" and "Adjusted Operating Margin" to measure the Company's operating performance based on current period iPhone and Apple TV sales and to facilitate ongoing operating decisions. Additionally, because the Company recognizes engineering, sales, and marketing expenses as incurred, including expenses related to iPhone and Apple TV, management uses Adjusted Sales to evaluate returns on those costs, to manage year-over-year operating expense growth, and to budget future expenses. Furthermore, because they are considered meaningful indicators of current business performance, the non-GAAP measures "Adjusted Sales" and "Adjusted Operating Margin" are metrics that factor into the determination of management compensation beginning in fiscal year 2009. Finally, management uses the non-GAAP measures of "Adjusted Net Income" and "Adjusted Diluted Earnings per Share" to measure the Company's operating performance based on current period iPhone and Apple TV sales, to facilitate ongoing operating decisions, and compare performance relative to competitors.
Management believes that these non-GAAP financial measures, when taken together with the corresponding consolidated GAAP measures and related segment information, provide incremental insight into the underlying factors and trends affecting both the Company's performance and its cash generating potential. Management believes these non-GAAP measures increase the transparency of the Company's current results and enable investors to more fully understand trends in its current and future performance.
Cautions on Use of Non-GAAP Measures
As noted previously, these non-GAAP financial measures are not consistent with GAAP because they do not reflect the deferral of revenue and product costs for recognition in later periods. These non-GAAP financial measures do not adjust for the costs associated with the Company's intention to provide unspecified new features and software to purchasers of iPhone and Apple TV products. These costs are expensed as incurred under GAAP's subscription accounting model, and are not adjusted in these non-GAAP financial measures. As such, these non-GAAP financial measures are not intended to reflect in a given period all of the costs of sales made in that period. Rather, the non-GAAP financial measures presented below are intended for the limited purpose of presenting performance measures that include the total sales, related product costs, and resulting income for iPhones and Apple TVs in the period those products are sold to customers.
Management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company's operating results, as well as when forecasting and analyzing future periods. However, management recognizes that:
these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company's GAAP financial measures;these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company's GAAP financial measures; these non-GAAP financial measures should not be considered to be superior to the Company's GAAP financial measures; these non-GAAP financial measures were not prepared in accordance with GAAP and investors should not assume that the non-GAAP financial measures presented in this earnings release were prepared under a comprehensive set of rules or principles;these non-GAAP financial measures are not presented with comparable non-GAAP financial measures for prior periods, although management intends to continue to track and present these non-GAAP financial measures for future periods; anduntil management presents comparable non-GAAP financial measures for additional periods, these non-GAAP financial measures do not provide any information regarding trends in the Company's performance and, as such, investors should not assume that the presentation of these non-GAAP financial measures reflects any positive or negative trends in the Company's performance.Further, these non-GAAP financial measures may be unique to the Company, as they may be different from non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company's results to the results of other companies.
A reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure or measures appears at the end of this press release.
This press release contains forward-looking statements including without limitation those about the Company's estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company's reaction to those factors, on consumer and business buying decisions with respect to the Company's products; potential litigation from the matters investigated by the special committee of the board of directors and the restatement of the Company's consolidated financial statements; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; the Company's reliance on the availability of third-party digital content and applications; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the effect that product and service quality problems could have on the Company's sales and operating profits; the Company's reliance on sole service providers for iPhone in certain countries; war, terrorism, public health issues, and other circumstances that could disrupt supply, delivery, or demand of products; the continued service and availability of key executives and employees; unfavorable results of other legal proceedings; and the Company's dependency on the performance of distributors and other resellers of the Company's products. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public reports filed with the SEC, including the Company's Form 10-K for the fiscal year ended September 27, 2008, its Form 10-Q for the quarter ended December 27, 2008, its Form 10-Q for the quarter ended March 28, 2009, and its Form 10-Q for the quarter ended June 27, 2009 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
© 2009 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iPhone, Apple TV and QuickTime are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
full financial tables see at http://www.apple.com
CUPERTINO, Calif., July 21 2009 -- Apple Inc. (NasdaqNM:AAPL) today announced financial results for its fiscal 2009 third quarter ended June 27, 2009. The Company posted revenue of $8.34 billion and a net quarterly profit of $1.23 billion, or $1.35 per diluted share. These results compare to revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share, in the year-ago quarter. Gross margin was 36.3 percent, up from 34.8 percent in the year-ago quarter. International sales accounted for 44 percent of the quarter's revenue. In accordance with the subscription accounting treatment required by GAAP, the Company recognizes revenue and cost of goods sold for iPhone(TM) and Apple TV® over their estimated economic lives. Adjusting GAAP sales and product costs to eliminate the impact of subscription accounting, the corresponding non-GAAP measures* for the quarter are $9.74 billion of "Adjusted Sales" and $1.94 billion of "Adjusted Net Income."
Apple sold 2.6 million Macintosh® computers during the quarter, representing a four percent unit increase over the year-ago quarter. The Company sold 10.2 million iPods during the quarter, representing a seven percent unit decline from the year-ago quarter. Quarterly iPhones sold were 5.2 million, representing 626 percent unit growth over the year-ago quarter.
"We're making our most innovative products ever and our customers are responding," said Steve Jobs, Apple's CEO. "We're thrilled to have sold over 5.2 million iPhones during the quarter and users have downloaded more than 1.5 billion applications from our App Store in its first year."
"We're extremely pleased to report record non-holiday quarter revenue and earnings and quarterly cash flow from operations of $2.3 billion," said Peter Oppenheimer, Apple's CFO. "Looking ahead to the fourth fiscal quarter of 2009, we expect revenue in the range of about $8.7 billion to $8.9 billion and we expect diluted earnings per share in the range of about $1.18 to $1.23."
Apple will provide live streaming of its Q3 2009 financial results conference call utilizing QuickTime®, Apple's standards-based technology for live and on-demand audio and video streaming. The live webcast will begin at 2:00 p.m. PDT on July 21, 2009 at http://www.apple.com/quicktime/qtv/earningsq309/ and will also be available for replay for approximately two weeks thereafter.
*Non-GAAP Financial Measures
During fiscal 2007, the Company began selling iPhone and Apple TV. Because the Company may provide unspecified features and additional software products to iPhone and Apple TV customers in the future free of charge, in accordance with GAAP the Company recognizes revenue and cost of goods sold for these products on a straight-line basis over their economic lives, with any loss recognized at the time of sale. Currently, the economic lives of these products are estimated to be 24 months. This accounting treatment, referred to as subscription accounting, results in the deferral of almost all of the revenue and cost of goods sold during the quarter in which the products are sold to the customer. Other costs related to these products, including costs for engineering, sales, marketing and warranty, are expensed as incurred. Further, the costs to develop any future unspecified features and additional software products that may eventually be provided to customers also are expensed as incurred. In contrast, the Company generally recognizes revenue and cost of goods sold for its other products, such as Macs and iPods, at the time of sale, as the Company does not provide future unspecified features or additional software products to those customers free of charge.
In July 2008, the Company began selling iPhone 3G, the second-generation iPhone, and at that time significantly expanded distribution by establishing carrier relationships in over 70 countries. Unit sales of iPhone 3G have been significantly greater than sales of the first-generation iPhone. During the first quarter of iPhone 3G availability ended September 27, 2008, 6.9 million units were sold, exceeding the 6.1 million first-generation iPhone units sold in the prior five quarters combined.
In June 2009, the Company began selling iPhone 3GS, the third-generation iPhone. Unit sales of iPhones continued to be significant in the quarter ended June 27, 2009, with 5.2 million iPhones sold. As a result, the amount of revenue and product cost related to those iPhone sales that the Company deferred for recognition in future periods under subscription accounting was substantial. While the GAAP results provide significant insight into the Company's operations and financial position, management continues to supplement its analysis of the business using financial measures that look at the total sales, related product costs and resulting income for iPhones and Apple TVs sold to customers during the period. The presentation at the end of this press release includes the following non-GAAP measures: "Adjusted Sales," "Adjusted Cost of Sales," "Adjusted Gross Margin," "Adjusted Operating Margin," "Adjusted Net Income" and "Adjusted Diluted Earnings per Share." These financial measures are not consistent with GAAP because they do not reflect the deferral of revenue and product costs for recognition in later periods. The above-mentioned non-GAAP measures are generated by adjusting the related GAAP measures solely to reverse the effect of subscription accounting. The Company uses these financial measures, along with other measures discussed below, to provide additional insight into current operating and business trends not readily apparent from the GAAP results.
Management uses Adjusted Sales to evaluate the Company's growth rate, revenue mix and performance relative to competitors. Given the impact of iPhone unit sales during the quarter ended June 27, 2009, Adjusted Sales provides a meaningful measurement of the Company's growth by reflecting amounts generally due to Apple at the time of sale related to products sold within the period. Further, eliminating the effects of deferred revenue (current sales deferred to future periods and prior sales being recognized currently) provides more transparency into the Company's underlying sales trends. Management uses the non-GAAP measures of "Adjusted Cost of Sales," "Adjusted Gross Margin" and "Adjusted Operating Margin" to measure the Company's operating performance based on current period iPhone and Apple TV sales and to facilitate ongoing operating decisions. Additionally, because the Company recognizes engineering, sales, and marketing expenses as incurred, including expenses related to iPhone and Apple TV, management uses Adjusted Sales to evaluate returns on those costs, to manage year-over-year operating expense growth, and to budget future expenses. Furthermore, because they are considered meaningful indicators of current business performance, the non-GAAP measures "Adjusted Sales" and "Adjusted Operating Margin" are metrics that factor into the determination of management compensation beginning in fiscal year 2009. Finally, management uses the non-GAAP measures of "Adjusted Net Income" and "Adjusted Diluted Earnings per Share" to measure the Company's operating performance based on current period iPhone and Apple TV sales, to facilitate ongoing operating decisions, and compare performance relative to competitors.
Management believes that these non-GAAP financial measures, when taken together with the corresponding consolidated GAAP measures and related segment information, provide incremental insight into the underlying factors and trends affecting both the Company's performance and its cash generating potential. Management believes these non-GAAP measures increase the transparency of the Company's current results and enable investors to more fully understand trends in its current and future performance.
Cautions on Use of Non-GAAP Measures
As noted previously, these non-GAAP financial measures are not consistent with GAAP because they do not reflect the deferral of revenue and product costs for recognition in later periods. These non-GAAP financial measures do not adjust for the costs associated with the Company's intention to provide unspecified new features and software to purchasers of iPhone and Apple TV products. These costs are expensed as incurred under GAAP's subscription accounting model, and are not adjusted in these non-GAAP financial measures. As such, these non-GAAP financial measures are not intended to reflect in a given period all of the costs of sales made in that period. Rather, the non-GAAP financial measures presented below are intended for the limited purpose of presenting performance measures that include the total sales, related product costs, and resulting income for iPhones and Apple TVs in the period those products are sold to customers.
Management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company's operating results, as well as when forecasting and analyzing future periods. However, management recognizes that:
these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company's GAAP financial measures;these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company's GAAP financial measures; these non-GAAP financial measures should not be considered to be superior to the Company's GAAP financial measures; these non-GAAP financial measures were not prepared in accordance with GAAP and investors should not assume that the non-GAAP financial measures presented in this earnings release were prepared under a comprehensive set of rules or principles;these non-GAAP financial measures are not presented with comparable non-GAAP financial measures for prior periods, although management intends to continue to track and present these non-GAAP financial measures for future periods; anduntil management presents comparable non-GAAP financial measures for additional periods, these non-GAAP financial measures do not provide any information regarding trends in the Company's performance and, as such, investors should not assume that the presentation of these non-GAAP financial measures reflects any positive or negative trends in the Company's performance.Further, these non-GAAP financial measures may be unique to the Company, as they may be different from non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company's results to the results of other companies.
A reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure or measures appears at the end of this press release.
This press release contains forward-looking statements including without limitation those about the Company's estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company's reaction to those factors, on consumer and business buying decisions with respect to the Company's products; potential litigation from the matters investigated by the special committee of the board of directors and the restatement of the Company's consolidated financial statements; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company's gross margin; the inventory risk associated with the Company's need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company's business currently obtained by the Company from sole or limited sources; the effect that the Company's dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; the Company's reliance on the availability of third-party digital content and applications; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the effect that product and service quality problems could have on the Company's sales and operating profits; the Company's reliance on sole service providers for iPhone in certain countries; war, terrorism, public health issues, and other circumstances that could disrupt supply, delivery, or demand of products; the continued service and availability of key executives and employees; unfavorable results of other legal proceedings; and the Company's dependency on the performance of distributors and other resellers of the Company's products. More information on potential factors that could affect the Company's financial results is included from time to time in the Company's public reports filed with the SEC, including the Company's Form 10-K for the fiscal year ended September 27, 2008, its Form 10-Q for the quarter ended December 27, 2008, its Form 10-Q for the quarter ended March 28, 2009, and its Form 10-Q for the quarter ended June 27, 2009 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
© 2009 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iPhone, Apple TV and QuickTime are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
full financial tables see at http://www.apple.com
Monday, February 09, 2009
New singer/songwriter launches website
New singer/songwriter launches website
ALLOWAY, NEW JERSEY February 9, 2009, 2009.
Guitarist/singer/songwriter Zach Caruso will be launching his new website which will offer viewers a variety of information about the new, young artist. The site, http://www.zachcaruso.com, includes a biography and news updates, photos, video, and listings of upcoming performances, as well as streaming audio clips of Zachs music. In addition, the site will also feature merchandise including t-shirts and stickers.
Viewers can also visit Zachs MySpace page for more information at http://www.myspace.com/zachcarusomusic.
The 22-year-old south Jersey native began playing and writing music at an early age, and pulls from a wide-range of influences to create his own eclectic style. His passion for music and penchant for variety has led him to incorporate acoustic, electric, and slide guitar-infused melodies with strong vocals and mature songwriting to produce a sound that stands out among his peers.
The site will be updated regularly, with new photos being added, as well as information on where and when Zach will be playing live shows in the area. Zach also just wrapped up the recording of five new songs. These five tracks, plus four more songs recorded in late 2007, will appear on his new album Body and Soul, slated for release in October of this year. The album will be on sale at http://www.zachcaruso.com .
The nine songs comprising Body and Soul will also be available for individual download on ITunes and MSN Rhapsody, as well as http://cdbaby.com/cd/zachcaruso
In addition, Zach recently wrapped up filming on the music video for his single Jesus Walks, a controversial song that is a call to action for all listeners, and deals with the record-breaking murder rates in Philadelphia, PA. The video should be completed and available to view on his website, http://www.zachcaruso.com, as well as youtube.com, by early 2009.
Contact:
Zach Caruso
zach@zachcaruso.com
ALLOWAY, NEW JERSEY February 9, 2009, 2009.
Guitarist/singer/songwriter Zach Caruso will be launching his new website which will offer viewers a variety of information about the new, young artist. The site, http://www.zachcaruso.com, includes a biography and news updates, photos, video, and listings of upcoming performances, as well as streaming audio clips of Zachs music. In addition, the site will also feature merchandise including t-shirts and stickers.
Viewers can also visit Zachs MySpace page for more information at http://www.myspace.com/zachcarusomusic.
The 22-year-old south Jersey native began playing and writing music at an early age, and pulls from a wide-range of influences to create his own eclectic style. His passion for music and penchant for variety has led him to incorporate acoustic, electric, and slide guitar-infused melodies with strong vocals and mature songwriting to produce a sound that stands out among his peers.
The site will be updated regularly, with new photos being added, as well as information on where and when Zach will be playing live shows in the area. Zach also just wrapped up the recording of five new songs. These five tracks, plus four more songs recorded in late 2007, will appear on his new album Body and Soul, slated for release in October of this year. The album will be on sale at http://www.zachcaruso.com .
The nine songs comprising Body and Soul will also be available for individual download on ITunes and MSN Rhapsody, as well as http://cdbaby.com/cd/zachcaruso
In addition, Zach recently wrapped up filming on the music video for his single Jesus Walks, a controversial song that is a call to action for all listeners, and deals with the record-breaking murder rates in Philadelphia, PA. The video should be completed and available to view on his website, http://www.zachcaruso.com, as well as youtube.com, by early 2009.
Contact:
Zach Caruso
zach@zachcaruso.com
Thursday, October 23, 2008
Investorideas.com Launches “News of the Day” for Music Stocks and Industry
Investorideas.com Launches “News of the Day” for Food and Beverage,
Organics, Homebuilding Stocks, Toy Industry or Music Industry Stocks and other Leading Sectors
POINT ROBERTS, WA – October 23, 2008, Investorideas.com, a leading global investor and industry research resource reports the InvestorIdeas.com newswire has added new options and upgrades to the Investorideas.com Newswire for public and private companies to gain enhanced market exposure and online visibility on a day- to- day basis to investors and industry following their sector. Companies and publicly traded stocks in food and beverage, organics, homebuilding, music and the toy industry can be featured as the sector news of the day.
With markets and investor sentiment changing daily Investorideas.com new service creates an online venue targeted to global investors for Story of the day, Sector News of the Day and Audio of the day in over 30 sectors including Oil and Gas Stocks, Tech Stocks, Telecom, Digital Media, China Stocks, renewable energy/cleantech, water, mining, biotech, nanotech, coal, natural gas, Homeland Security and more.
InvestorIdeas.com currently attracts a global investor audience averaging 15,000 unique visitors per day (and growing), made up of investors, brokers, analysts, media, industry peers, institutions and government seeking news and research on over 30 sectors and global markets. Additionally, InvestorIdeas.com and its related sector portals are visible multiple financial and news sites and blogs globally via the Investorideas.com RSS feeds and syndication partners.
About the Investorideas.com Newswire:
Investor Ideas Newswire is fast becoming a valuable news source for investors and industry leaders. Readers can subscribe to the feed, companies can submit news to the feed and investment and news sites can add the RSS feed for free. Investor Ideas Newswire is indexed by Google News, My Yahoo! and other leading news sources.
Newswire RSS Feed: http://www.investorideas.com/RSS/feeds/IIMAIN.xml
Companies can submit Stock, Investing and Financial News or Industry News: Target Your News to Investors, Investment Industry and Industry Eyeballs Following Your Specific Sector (Choose up to 3 Industry Portals). Submit your news release to our Investor Ideas Newswire, RSS Feed and sector portals covering the Environment, Homeland Security, Tech, Digital Media, Renewable Energy, Greentech, Oil and Gas, Nanotech, Biotech, Gold, Mining, China, India, Middle East and other leading sectors and global markets. The Investorideas.com newswire uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
New Investorideas.com Upgrade Options for news release or announcements:
Do you have a great news release or announcement that you want to gain extra eyeballs and ear-balls for? With markets and investor sentiment changing daily- Be the Story of the day!
To accommodate short term targeted news distribution programs on a budget we have now added the following upgrades to give you multiple options at an affordable price!
In addition to the basis news distribution the $75 Investorideas.com newswire service provides – companies can now choose one or more of the following:
Be the Sector news of the day- Be the featured news story of the day on the sector home page of your choice and have your news sent to our subscribers!
Be the Investorideas.com home page top news story of the day – Be directly visible to 10-15,000 visitors a day! We will also send your news as the story of the day to our subscribers following your sector!
Be the Featured Podcast - audio news story of the day – We will read your news or announcement and create an audio file and add to our Podcast RSS feeds and your audio will be the featured audio on Investorideas.com home page for the day!
News uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
The Investorideas.com Trading Exchange: http://www.investorideas.com/trade/
RSS Ad feeds:
Investing Ideas http://www.investorideas.com/rss/feeds/adfeed.xml
Trading Services http://www.investorideas.com/rss/feeds/tradingservicesadfeed.xml
Financial Services http://www.investorideas.com/rss/feeds/financialservicesadfeed.xml
IR/PR Services http://www.investorideas.com/rss/feeds/ir-prservicesadfeed.xml
Business Services http://www.investorideas.com/rss/feeds/businessservicesadfeed.xml
Financial/Investing Products http://www.investorideas.com/rss/feeds/financial-investingproductsadfeed.xml
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or cvanzant@investorideas.com
Organics, Homebuilding Stocks, Toy Industry or Music Industry Stocks and other Leading Sectors
POINT ROBERTS, WA – October 23, 2008, Investorideas.com, a leading global investor and industry research resource reports the InvestorIdeas.com newswire has added new options and upgrades to the Investorideas.com Newswire for public and private companies to gain enhanced market exposure and online visibility on a day- to- day basis to investors and industry following their sector. Companies and publicly traded stocks in food and beverage, organics, homebuilding, music and the toy industry can be featured as the sector news of the day.
With markets and investor sentiment changing daily Investorideas.com new service creates an online venue targeted to global investors for Story of the day, Sector News of the Day and Audio of the day in over 30 sectors including Oil and Gas Stocks, Tech Stocks, Telecom, Digital Media, China Stocks, renewable energy/cleantech, water, mining, biotech, nanotech, coal, natural gas, Homeland Security and more.
InvestorIdeas.com currently attracts a global investor audience averaging 15,000 unique visitors per day (and growing), made up of investors, brokers, analysts, media, industry peers, institutions and government seeking news and research on over 30 sectors and global markets. Additionally, InvestorIdeas.com and its related sector portals are visible multiple financial and news sites and blogs globally via the Investorideas.com RSS feeds and syndication partners.
About the Investorideas.com Newswire:
Investor Ideas Newswire is fast becoming a valuable news source for investors and industry leaders. Readers can subscribe to the feed, companies can submit news to the feed and investment and news sites can add the RSS feed for free. Investor Ideas Newswire is indexed by Google News, My Yahoo! and other leading news sources.
Newswire RSS Feed: http://www.investorideas.com/RSS/feeds/IIMAIN.xml
Companies can submit Stock, Investing and Financial News or Industry News: Target Your News to Investors, Investment Industry and Industry Eyeballs Following Your Specific Sector (Choose up to 3 Industry Portals). Submit your news release to our Investor Ideas Newswire, RSS Feed and sector portals covering the Environment, Homeland Security, Tech, Digital Media, Renewable Energy, Greentech, Oil and Gas, Nanotech, Biotech, Gold, Mining, China, India, Middle East and other leading sectors and global markets. The Investorideas.com newswire uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
New Investorideas.com Upgrade Options for news release or announcements:
Do you have a great news release or announcement that you want to gain extra eyeballs and ear-balls for? With markets and investor sentiment changing daily- Be the Story of the day!
To accommodate short term targeted news distribution programs on a budget we have now added the following upgrades to give you multiple options at an affordable price!
In addition to the basis news distribution the $75 Investorideas.com newswire service provides – companies can now choose one or more of the following:
Be the Sector news of the day- Be the featured news story of the day on the sector home page of your choice and have your news sent to our subscribers!
Be the Investorideas.com home page top news story of the day – Be directly visible to 10-15,000 visitors a day! We will also send your news as the story of the day to our subscribers following your sector!
Be the Featured Podcast - audio news story of the day – We will read your news or announcement and create an audio file and add to our Podcast RSS feeds and your audio will be the featured audio on Investorideas.com home page for the day!
News uploader: http://www1.investorideas.com/NewsUploader/Default.aspx
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
The Investorideas.com Trading Exchange: http://www.investorideas.com/trade/
RSS Ad feeds:
Investing Ideas http://www.investorideas.com/rss/feeds/adfeed.xml
Trading Services http://www.investorideas.com/rss/feeds/tradingservicesadfeed.xml
Financial Services http://www.investorideas.com/rss/feeds/financialservicesadfeed.xml
IR/PR Services http://www.investorideas.com/rss/feeds/ir-prservicesadfeed.xml
Business Services http://www.investorideas.com/rss/feeds/businessservicesadfeed.xml
Financial/Investing Products http://www.investorideas.com/rss/feeds/financial-investingproductsadfeed.xml
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Or cvanzant@investorideas.com
Monday, September 15, 2008
Marketplace Update- Connecting Business and Investors in Music Industry, Cleantech and Organics
InvestorIdeas.com Global Marketplace Update- Connecting Business and Investors in Music Industry, Cleantech and Organics
POINT ROBERTS, Wash., Delta B.C., 08 - www.InvestorIdeas.com, a leading online global investor resource, updates the Investor Ideas Global Marketplace connecting business and investors in the music, cleantech and organics sectors.
Other industries include the water industry, Homeland Security, Oil and gas, Real Estate and other leading sectors.
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, mergers and acquisitions, licensing or branding. Investorideas.com is building a growing a global network of green and renewable energy companies both seeking funding, partners or management as well as funds, small public companies and Fortune 500 companies seeking investment opportunities.
http://www.investorideas.com/marketplace
To register and sign up as an accredited investor or business: http://www.investorideas.com/marketplace/signup.asp
The Global Green Marketplace
The marketplace fastest growing segments include cleantech, renewable and organics sector. Sector: Sector: Cleantech & Renewable Energy Seeking: Funding/Partners
We currently have green companies for review to accredited investors: small wind turbine, carbon capture, PV installer service company, green building and housing , agri-waste to marketable bi-product, waste to energy, China Fiber fuel- Jatropha, green automotive engine, environmental technology safely removes mercury from light bulbs and other green companies added regularly.
Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy and water – with its Renewableenergystocks.com portal and Water-stocks.com portal.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
MusicIndustryStocks.com Portal is a global meeting place for investors and industry following the music sector, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and our stock directories.
Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.
For more information contact:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
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Best Buy to Acquire Napster
Best Buy to Acquire Napster
Email Story IM Story Printable View MINNEAPOLIS & LOS ANGELES--September 15 2008 -Best Buy Co., Inc. (NYSE: BBY) and Napster Inc. (NASDAQ: NAPS) announced today that the two companies have entered into a definitive merger agreement for Best Buy to commence a tender offer for all outstanding Napster shares at a price of $2.65 per share in cash. The transaction, with an aggregate purchase price of approximately $121 million (or $54 million net of approximately $67 million in cash and short term investments of Napster as of June 30, 2008), is subject to customary closing conditions, including the tender of a number of Napster shares that constitutes a majority of Napster’s outstanding shares of common stock (on a fully-diluted basis). The transaction is expected to close during the fourth calendar quarter. The transaction has been unanimously approved by the board of directors of Napster, and Napster’s directors and executive officers have agreed, in their capacities as stockholders, to tender their Napster shares and otherwise support the transaction.
The proposed acquisition includes Napster’s approximately 700,000 digital entertainment subscribers, its Web-based customer service platform, and innovative mobile capabilities. In conjunction with the definitive merger agreement, Napster CEO Chris Gorog and key members of senior management of Napster have entered into employment agreements, effective at closing, pursuant to which they have agreed to continue as the Napster leadership post-acquisition.
Best Buy believes that Napster has one of the most comprehensive and easy-to-use music offerings in the industry, including streaming music, music subscriptions, the ability to purchase individual tracks, albums and mobile offers. Napster has approximately 140 employees, with its headquarters in Los Angeles. At this time, Best Buy does not plan to relocate Napster’s headquarters or to make significant changes in personnel.
“This transaction offers Best Buy a recognized platform for enhancing our capabilities in the digital media space and building new, recurring relationships with customers,” said Brian Dunn, President and COO of Best Buy. “Over time we hope to strengthen our offerings to consumers, who we believe will increasingly seek devices and solutions that enable them to access their content wherever, whenever and however they want.”
Best Buy intends to use Napster’s capabilities and digital subscriber base to reach new customers with an enhanced experience for exploring and selecting music and other digital entertainment products over an increasing array of devices. Best Buy believes the combined capabilities of the two companies will allow it to build stronger relationships with customers, expand the number of subscribers, and capture recurring revenue by offering ongoing value over a mobile digital platform.
“We believe Napster brings us excellent capabilities in the mobility space, as well as international operations and an established team of technology experts,” said Dave Morrish, Executive Vice President – Connected Digital Solutions of Best Buy. “We can foresee Napster acting as a platform for accelerating our growth in the emerging industry of digital entertainment, beyond music subscriptions. We’re very excited to add these capabilities to leverage our existing relationships with the labels, the studios, and the hardware providers. We believe Napster will be an outstanding addition to our already robust portfolio of partners and offerings in the digital music space.”
“We believe Best Buy will be an ideal partner for Napster and are very excited by the benefits that this transaction delivers to our shareholders, partners and employees. Best Buy is uniquely positioned to benefit from Napster’s digital entertainment distribution platform. We are looking forward to combining our digital media capabilities with Best Buy’s resources and global network to extend our digital content platforms,” said Chris Gorog, chairman and CEO of Napster.
Under the terms of the definitive merger agreement, Best Buy will commence a cash tender offer to purchase all of the outstanding shares of Napster common stock for $2.65 per share in cash, with a supporting recommendation from the Napster Board of Directors. The closing of the tender offer is subject to customary terms and conditions, including the tender of a number of shares that constitutes a majority of Napster's outstanding shares of common stock (on a fully diluted basis) and expiration or termination of the waiting period under the Hart Scott Rodino Antitrust Improvement Act. The agreement also provides for the parties to effect, subject to customary conditions, a merger to be completed following the completion of the tender offer which would result in all shares not tendered in the tender offer (other than shares held by Best Buy, treasury shares, and shares held by Napster shareholders, if any, who properly exercise appraisal rights) being converted into the right to receive $2.65 per share in cash. The directors and certain officers of Napster have entered into agreements with Best Buy pursuant to which they have agreed to tender their shares in connection with the tender offer contemplated by the merger agreement and otherwise support the transaction.
Napster, which recently launched one of the world’s largest MP3 stores, had fiscal 2008 revenue of $127.5 million, an increase of 15 percent over the prior fiscal year; a loss of $16.5 million, an improvement compared with a loss of $36.8 million the prior fiscal year; and positive cash flow for the fiscal year ended March 31, 2008.
Best Buy intends to complete the acquisition using available cash. UBS Investment Bank served as the exclusive financial advisor to Napster, and Napster is represented by O’Melveny & Myers LLP. Best Buy is represented by Robins, Kaplan, Miller & Ciresi L.L.P.
About Best Buy
With operations in the United States, Canada, Europe and China, Best Buy (NYSE: BBY) is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy family of brands and partnerships collectively generates more than $40 billion annual revenue and includes brands such as Best Buy, Audiovisions, The Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Pacific Sales Kitchen and Bath Centers, and Speakeasy. Approximately 150,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and web sites, in-home solutions, product delivery and in our communities. Community partnership is central to the way we do business at Best Buy. In fiscal 2008, we donated a combined $31.8 million to improve the vitality of the communities where our employees and customers live and work. For more information about Best Buy, visit www.bestbuy.com.
About Napster
Napster, the pioneer of digital music, offers the ultimate in interactive music experiences, creating better ways to discover, share, acquire and enjoy music -- anytime, anywhere. The Company's offerings include "Napster" (www.napster.com) -- the premier online music destination featuring the most popular on-demand music subscription service in the world and the largest, most comprehensive MP3 download store on the market; "FreeNapster" (www.freeNapster.com) -- a unique Web experience offering free on demand music legally; and "Napster Mobile" -- one of the industry's fastest growing mobile music platforms. Headquartered in Los Angeles, Napster's services are available in markets across the Americas, Europe and Japan.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that reflect Best Buy and Napster managements’ current views and estimates regarding future market conditions, company performance and financial results, business prospects, new strategies, the competitive environment and other events. You can identify these statements by the fact that they use words such as "anticipate," "believe," "estimate," "expect," "intend," "project," "plan," "outlook," and other words and terms of similar meaning. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Among the factors that could cause actual results and outcomes to differ materially from those contained in such forward-looking statements are the following: failure to meet the minimum tender condition or obtain any required stockholder or regulatory approvals or satisfy other conditions to the transaction; failure to achieve anticipated benefits of the transaction; and integration challenges relating to the acquisition. Other factors include the following: general economic conditions, acquisitions and development of new businesses, divestitures, product availability, sales volumes, pricing actions and promotional activities of competitors, profit margins, weather, changes in law or regulations, foreign currency fluctuation, availability of suitable real estate locations, Best Buy's and Napster’s ability to react to a disaster recovery situation, and the impact of labor markets and new product introductions on overall profitability. A further list and description of risks, uncertainties and other matters can be found in Best Buy’s and Napster’s annual reports and other reports filed from time to time with the U.S. Securities and Exchange Commission ("SEC"), including, but not limited to, Best Buy's Annual Report on Form 10-K filed with the SEC on April 30, 2008, and Napster’s Annual Report on Form 10-K filed with the SEC on June 11, 2008. Best Buy and Napster caution that the foregoing list of important factors is not complete and assume no obligation to update any forward-looking statement that it may make.
Additional Information and Where to Find it
The tender offer for the outstanding common stock of Napster has not yet commenced. This document is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities. The solicitation and the offer to buy shares of Napster common stock will be made only pursuant to an offer to purchase and related materials that Best Buy intends to file with the SEC on Schedule TO. Napster also intends to file a solicitation/recommendation statement on Schedule 14D-9 with respect to the offer. Napster stockholders and other investors should read these materials carefully because they contain important information, including the terms and conditions of the offer. Napster stockholders and other investors will be able to obtain copies of these materials without charge from the SEC through the SEC’s Web site at www.sec.gov, from the Information Agent named in the tender offer documents, from Best Buy (with respect to documents filed by Best Buy with the SEC), or from Napster (with respect to documents filed by Napster with the SEC).
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5777533
Best Buy
Media Contacts:
Susan Busch, 612-291-6114
Director, Corporate PR
susan.busch@bestbuy.com
Email Story IM Story Printable View MINNEAPOLIS & LOS ANGELES--September 15 2008 -Best Buy Co., Inc. (NYSE: BBY) and Napster Inc. (NASDAQ: NAPS) announced today that the two companies have entered into a definitive merger agreement for Best Buy to commence a tender offer for all outstanding Napster shares at a price of $2.65 per share in cash. The transaction, with an aggregate purchase price of approximately $121 million (or $54 million net of approximately $67 million in cash and short term investments of Napster as of June 30, 2008), is subject to customary closing conditions, including the tender of a number of Napster shares that constitutes a majority of Napster’s outstanding shares of common stock (on a fully-diluted basis). The transaction is expected to close during the fourth calendar quarter. The transaction has been unanimously approved by the board of directors of Napster, and Napster’s directors and executive officers have agreed, in their capacities as stockholders, to tender their Napster shares and otherwise support the transaction.
The proposed acquisition includes Napster’s approximately 700,000 digital entertainment subscribers, its Web-based customer service platform, and innovative mobile capabilities. In conjunction with the definitive merger agreement, Napster CEO Chris Gorog and key members of senior management of Napster have entered into employment agreements, effective at closing, pursuant to which they have agreed to continue as the Napster leadership post-acquisition.
Best Buy believes that Napster has one of the most comprehensive and easy-to-use music offerings in the industry, including streaming music, music subscriptions, the ability to purchase individual tracks, albums and mobile offers. Napster has approximately 140 employees, with its headquarters in Los Angeles. At this time, Best Buy does not plan to relocate Napster’s headquarters or to make significant changes in personnel.
“This transaction offers Best Buy a recognized platform for enhancing our capabilities in the digital media space and building new, recurring relationships with customers,” said Brian Dunn, President and COO of Best Buy. “Over time we hope to strengthen our offerings to consumers, who we believe will increasingly seek devices and solutions that enable them to access their content wherever, whenever and however they want.”
Best Buy intends to use Napster’s capabilities and digital subscriber base to reach new customers with an enhanced experience for exploring and selecting music and other digital entertainment products over an increasing array of devices. Best Buy believes the combined capabilities of the two companies will allow it to build stronger relationships with customers, expand the number of subscribers, and capture recurring revenue by offering ongoing value over a mobile digital platform.
“We believe Napster brings us excellent capabilities in the mobility space, as well as international operations and an established team of technology experts,” said Dave Morrish, Executive Vice President – Connected Digital Solutions of Best Buy. “We can foresee Napster acting as a platform for accelerating our growth in the emerging industry of digital entertainment, beyond music subscriptions. We’re very excited to add these capabilities to leverage our existing relationships with the labels, the studios, and the hardware providers. We believe Napster will be an outstanding addition to our already robust portfolio of partners and offerings in the digital music space.”
“We believe Best Buy will be an ideal partner for Napster and are very excited by the benefits that this transaction delivers to our shareholders, partners and employees. Best Buy is uniquely positioned to benefit from Napster’s digital entertainment distribution platform. We are looking forward to combining our digital media capabilities with Best Buy’s resources and global network to extend our digital content platforms,” said Chris Gorog, chairman and CEO of Napster.
Under the terms of the definitive merger agreement, Best Buy will commence a cash tender offer to purchase all of the outstanding shares of Napster common stock for $2.65 per share in cash, with a supporting recommendation from the Napster Board of Directors. The closing of the tender offer is subject to customary terms and conditions, including the tender of a number of shares that constitutes a majority of Napster's outstanding shares of common stock (on a fully diluted basis) and expiration or termination of the waiting period under the Hart Scott Rodino Antitrust Improvement Act. The agreement also provides for the parties to effect, subject to customary conditions, a merger to be completed following the completion of the tender offer which would result in all shares not tendered in the tender offer (other than shares held by Best Buy, treasury shares, and shares held by Napster shareholders, if any, who properly exercise appraisal rights) being converted into the right to receive $2.65 per share in cash. The directors and certain officers of Napster have entered into agreements with Best Buy pursuant to which they have agreed to tender their shares in connection with the tender offer contemplated by the merger agreement and otherwise support the transaction.
Napster, which recently launched one of the world’s largest MP3 stores, had fiscal 2008 revenue of $127.5 million, an increase of 15 percent over the prior fiscal year; a loss of $16.5 million, an improvement compared with a loss of $36.8 million the prior fiscal year; and positive cash flow for the fiscal year ended March 31, 2008.
Best Buy intends to complete the acquisition using available cash. UBS Investment Bank served as the exclusive financial advisor to Napster, and Napster is represented by O’Melveny & Myers LLP. Best Buy is represented by Robins, Kaplan, Miller & Ciresi L.L.P.
About Best Buy
With operations in the United States, Canada, Europe and China, Best Buy (NYSE: BBY) is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy family of brands and partnerships collectively generates more than $40 billion annual revenue and includes brands such as Best Buy, Audiovisions, The Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Pacific Sales Kitchen and Bath Centers, and Speakeasy. Approximately 150,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and web sites, in-home solutions, product delivery and in our communities. Community partnership is central to the way we do business at Best Buy. In fiscal 2008, we donated a combined $31.8 million to improve the vitality of the communities where our employees and customers live and work. For more information about Best Buy, visit www.bestbuy.com.
About Napster
Napster, the pioneer of digital music, offers the ultimate in interactive music experiences, creating better ways to discover, share, acquire and enjoy music -- anytime, anywhere. The Company's offerings include "Napster" (www.napster.com) -- the premier online music destination featuring the most popular on-demand music subscription service in the world and the largest, most comprehensive MP3 download store on the market; "FreeNapster" (www.freeNapster.com) -- a unique Web experience offering free on demand music legally; and "Napster Mobile" -- one of the industry's fastest growing mobile music platforms. Headquartered in Los Angeles, Napster's services are available in markets across the Americas, Europe and Japan.
Forward Looking Statements
This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the U.S. Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that reflect Best Buy and Napster managements’ current views and estimates regarding future market conditions, company performance and financial results, business prospects, new strategies, the competitive environment and other events. You can identify these statements by the fact that they use words such as "anticipate," "believe," "estimate," "expect," "intend," "project," "plan," "outlook," and other words and terms of similar meaning. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. Among the factors that could cause actual results and outcomes to differ materially from those contained in such forward-looking statements are the following: failure to meet the minimum tender condition or obtain any required stockholder or regulatory approvals or satisfy other conditions to the transaction; failure to achieve anticipated benefits of the transaction; and integration challenges relating to the acquisition. Other factors include the following: general economic conditions, acquisitions and development of new businesses, divestitures, product availability, sales volumes, pricing actions and promotional activities of competitors, profit margins, weather, changes in law or regulations, foreign currency fluctuation, availability of suitable real estate locations, Best Buy's and Napster’s ability to react to a disaster recovery situation, and the impact of labor markets and new product introductions on overall profitability. A further list and description of risks, uncertainties and other matters can be found in Best Buy’s and Napster’s annual reports and other reports filed from time to time with the U.S. Securities and Exchange Commission ("SEC"), including, but not limited to, Best Buy's Annual Report on Form 10-K filed with the SEC on April 30, 2008, and Napster’s Annual Report on Form 10-K filed with the SEC on June 11, 2008. Best Buy and Napster caution that the foregoing list of important factors is not complete and assume no obligation to update any forward-looking statement that it may make.
Additional Information and Where to Find it
The tender offer for the outstanding common stock of Napster has not yet commenced. This document is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities. The solicitation and the offer to buy shares of Napster common stock will be made only pursuant to an offer to purchase and related materials that Best Buy intends to file with the SEC on Schedule TO. Napster also intends to file a solicitation/recommendation statement on Schedule 14D-9 with respect to the offer. Napster stockholders and other investors should read these materials carefully because they contain important information, including the terms and conditions of the offer. Napster stockholders and other investors will be able to obtain copies of these materials without charge from the SEC through the SEC’s Web site at www.sec.gov, from the Information Agent named in the tender offer documents, from Best Buy (with respect to documents filed by Best Buy with the SEC), or from Napster (with respect to documents filed by Napster with the SEC).
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5777533
Best Buy
Media Contacts:
Susan Busch, 612-291-6114
Director, Corporate PR
susan.busch@bestbuy.com
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