Search Results for: ep

The average cellphone customer pays more than $3 per minute, according to a report being issued this week by the  Utility Consumers’ Action Network, a San Diego consumer advocacy group. Researchers arrived at the average $3.02-per-minute charge by comparing the average number of minutes charged in more than 700 San Diego consumers’ telecom bills and dividing by the average number of actual minutes used. “We knew it was a myth that wireless costs were going down,” said Michael Shames, UCAN’s executive director. “But we were blown away by the actual costs.” That $3-per-minute figure is skewed by the relatively small… Read more »

Sirius  XM Satellite Radio has been working with advisers to prepare for a possible bankruptcy filing in a move that could put pressure on the satellite company EchoStar, which owns a substantial amount of the company’s debt. Sirius has been working with the restructuring expert Joseph A. Bondi of Alvarez & Marsal and the bankruptcy lawyer Mark Thompson of Simpson, Thatcher & Bartlett to help prepare a Chapter 11 filing, people close to the company said. The documents and analysis are close to being completed and a filing could come within days, according to a person familiar with the matter.… Read more »

Early this morning Warner Music reported it’s last quarter’s earnings to Wall Street. There was little good news in the report accpet perhaps that the major label group did not do worse then many analysts predicted. Total revenue of $878M decreased 11% from the prior-year quarter Digital revenue hit $171M (19% of total revenue) up 2% from the immediately previous quarter and up 20% from $142 million in the prior-year quarter Operating income from continuing operations declined 34% to $41M compared to $62M in the prior-year quarter Operating income before depreciation and amortization from continuing operations fell 17% to $107M.… Read more »

Throughout the week, we’ve been posting segments of our interview with Mark Hoppus. In part one, he spoke about reconnecting with his estranged bandmate, Tom DeLonge, and the possibilities of a full-blown Blink-182 reunion. In part two, he revealed plans for a solo album and said his other band, +44, is pretty much finished. And while Hoppus has done most of the talking, we’ve also been hearing plenty from you too. Seems you’ve had plenty to say – not just about a reunited Blink, but about the end of +44 and the prospects of a Hoppus solo album. So we’ve… Read more »

Amanda Ghost has been appointed President, Epic Records, it was announced today by Rob Stringer, Chairman Columbia/Epic Label Group. Ms. Ghost will join the company effective February 16, 2009 and be responsible for overseeing the overall management and creative direction of Epic Records. She will be based in New York and report directly to Mr. Stringer. “I am delighted that Amanda has chosen to bring her creative vision and flair to the Epic label. In the changing environment of the music business record labels undoubtedly need to be complete partners with the artistic community and Amanda will be the perfect… Read more »

Two years after beginning his improbable quest as a little-known, first-term Illinois senator moves into the Oval Office as the nation’s fourth youngest president. A King once stood on the steps of the Lincoln Memorial with dreams of equality and respect. Today, a president will stand on the steps of the U.S. Capitol, living out that dream in front of an entire nation and creating a new chapter in American history. It’s a chapter many didn’t think they’d live to see. But the day is upon us, and millions of spectators will watch this historic event unfold between those two… Read more »