Sunday, June 28, 2009
Clear Channel Communications - Billionaires in Distress - Gee that is too bad that this Big Bullies gobbling up small radio EVERYWHERE is having to Negotiate Billions in Debt.. wa wa.. makes ya feel sorry for them..
"Clear Channel Still Negotiating With Lenders
June 8, 2009
Thomas H. Lee Partners and Bain Capital - the private equity firms that own Clear Channel Communications - are confident that they will win a stand-off with lenders over a possible exchange of debt that would find the company's outdoor division paying off $2.5 billion in debt to the parent company. Some of the senior creditors that helped finance the purchase of Clear Channel have said they will turn down the debt exchange in the hope that CC will breach its lending agreements and give them control of the group's equity at a steep discount.
However, the new head of the company's international business, William Eccleshare, told the Financial Times that he believes a solution can be reached and the company is not looking to sell the international outdoor advertising business that he has been appointed to run."I've clearly done my due diligence and I believe it's a very sound situation," Eccleshare said, after he was appointed on Thursday. "I've had a lot of conversations with the private equity partners and I genuinely believe my appointment reflects their commitment and confidence in this business."
A filing by CC last week stated that the company expected to be in compliance with covenants under its senior secured credit facilities in 2009, but admitted to "significant uncertainty" about its results. The filing showed a 22.8 percent drop in first-quarter revenues and a $418 million loss in the period, according to the FT. However, Eccleshare said the group's biggest growth opportunity is in the international division and they will look to expand in markets where CC has been weak. "I think we have an opportunity to gain share of the advertising cake when the market picks up," he told FT."
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Wednesday, January 7, 2009
KIMO HUSSEY
For years my mother has consistently told me I started to play the ukulele when I was 5 years young. Ukulele were so common in Hawaii I assume I initially took it to be a toy. From my initial exposure up to today, including ALL practice sessions, it’s always been FUN to play.
In junior high school, I remember music had started to become a serious interest and I got involved in band, glee clubs and organizing musical combos. This continued through high school and college, eventually resulting in a Bachelor of Arts degree in music (choral conducting). This degree plus my relevant experience in music has taught me there is no substitute for organized, effective practice. Combining this with my love of ukulele brought fun to those many practice sessions, so I continue today . . . . having the knowledge, experience and confidence to know how to impart knowledge relevant to technique, practice and having fun.
The threat of being drafted put a crimp in my budding musical career so I joined the Air Force, decided I loved it and turned aviation into an alternate career. But what I did had such a significant, relevant impact to my musical development. Flying airplanes requires a very disciplined training and operational approach. Added to decades of experience as a trainer, this provided me an outstanding facility for teaching music.
After retirement from the Air National Guard, I recorded a ukulele CD (Eminent Ukulele) and shared publication of a Hawaiian songbook (He Mele Aloha) as one of four authors. I’ve also shared inception of a non-profit organization, Pacific Music Foundation, whose mission statement is to facilitate music that SOOTHES. I’m concurrently involved in recording two more CDs, one vocal ensemble and the other instrumental ----- of course, ukulele.
Years of musical experiences teaching and playing throughout the world have consistently shown me what I most enjoy about music and ukulele is being a part of music’s creative process. That’s the fun part and I have a notion that is the fun part for you as well. The process massages the soul. I am familiar with using the ukulele and other musical outlets to facilitate this process for you and am anxious to share.
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KIMO HUSSEY
Tuesday, January 6, 2009
Willie has chosen to concentrate on his solo career again. But as in the past, Willie K has collaborated in another venture, this time with Maui’s own Joe Cano and Avi Ronen, the newly acclaimed acoustic Jazz trio “Lima Wela.” Already receiving immense attention from the public, they have created music that has reached high standards amongst listening fans, saying, “It’s like building a bridge between three worlds and crossing over, and communicating with music.” This new sound is sure to become a household name before 2010.
Raised on Maui, Willie Kahaiali`i (a.k.a.Willie K.) has been playing music and entertaining audiences since the age of 10. His father Manu Kahaiali`i, one of Hawaii’s most respected musicians, recruited Willie and his brothers to perform in his band. From the very beginning, Willie was influenced by and exposed to a myriad of musical genres; from the Hawaiian, Jazz, and early R&B he heard at his father’s side, to the sounds emanating from the radio and TV from musical giants such as B.B. King, Santana, Jimi Hendrix, and Willie Nelson. It is no wonder why Willie has evolved into such an eclectic and charismatic singer/songwriter/entertainer. By his high school graduation, Willie was playing in as many as 8 bands from country and western, salsa, rhythm and blues, rock, and of course Hawaiian. A few years later he moved to San Francisco determined to make it in the music scene there.
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Our Goal is to Promote Hawaii Music.
Our goal is to Bring REAL Hawaiian Music to You, to Promote Local and Traditional Hawaiian Music, and to tirelessly give these local musicians a Strong voice on the Internet.
We want to get these musicians found online, to assist them in selling their wonderful Hawaii music in a Global Market.
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We want you to enjoy the soulful, meaningful, wonderment of Hawaiian Music from the Comfort of your home.
And hey if you get to Hawaii, we want you to know where to go to see your favorite Hawaiian Musician.
We want to get these musicians found online, to assist them in selling their wonderful Hawaii music in a Global Market.
Our goal is “get the word out” about these musicians and to give you, the listeners a place to go to get to know these artists and to buy Their Music directly from them.
We want you to enjoy the soulful, meaningful, wonderment of Hawaiian Music from the Comfort of your home.
And hey if you get to Hawaii, we want you to know where to go to see your favorite Hawaiian Musician.
Help us to give These Musicians a Voice and to KEEP "Corporate" away from Traditional Hawaii Music and Taking a Piece of what the Musician needs to make a living.
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This is Not a Tax Deduction, it is a Gift to RadioFreeHawaii.com to support us in having the time it takes to create a LARGE directory of local music, and to REALLY support Traditional and Local Hawaii Music. This is NOT the Top Charts, it is Not the VOTERS pick the Music. This Website is ABOUT Hawaiian Music – for Real.
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