Tag

Hustletv Archives - hustle tv

Lana Del Rey www.HustleTV.tv www.HustleGrind.com DJ Hustle

Lana Del Rey, the Weeknd Dance on ‘Hollywood

By | Featured, Music, News, Video | No Comments

Lana Del Rey  slow dances with The Weeknd  in Dorothy-like ruby red shoes atop the “Hollywood” sign in the dreamlike video for their new duet, “Lust for Life.” DJ Hustle

Between bursts of VHS-quality visual distortion, the singers swoon and cuddle while gazing at the night sky. At the climax, Del Rey skips across the sign’s letters and slides down the ending “D.” “Lust for Life,” the title-track from Del Rey’s upcoming fifth LP, marks the singers’ third studio collaboration, following two Weeknd tracks: 2015’s “Prisoner” and last year’s “Stargirl Interlude.” DJ Hustle

In a recent interview with with California radio station KROQ, Del Rey credited the Weeknd for helping launch her career. “He’s kind of the reason I was ever on the radio like six years ago,” she said. “He started posting all my videos on his Tumblr and social media … He’s been in touch with me ever since then. He’s always been really supportive. He had his own path, which led him to this place that’s crazy big. But we’ve just been friends for maybe the past six years.” HustleTV

Lana Del Rey www.HustleTV.tv www.HustleGrind.com DJ Hustle

Lana Del Rey www.HustleTV.tv www.HustleGrind.com DJ Hustle

Del Rey also revealed to KROQ the title of her upcoming Stevie Nicks collaboration, “Beautiful People, Beautiful Problems,” and detailed the song’s creation. The ” Love” singer explained that, after deciding that Lust for Lifeneeded an outside female presence, she and producer Rick Nowels approached the Fleetwood Mac vocalist.

“I kind of thought I had finished the record a couple times,” she said. “One of those times, I felt I wanted a woman on the record, and I was talking to [Nowels] about who would be great to get on the record. We both could only come up with Stevie. Funny enough, he went to high school with Stevie and wrote his first hit with her.”

Del Rey praised Nicks as “amazing,” noting that she stays up to date with contemporary music. “She’s kind of everything you hope she’s going to be,” the singer added. “She loved the track and added so much to it.” Listen to the full interview below: Follow Hustle on Twitter @DJHustle or Instagram DJHustle2407

 

CaneloChavezMexCityPC_www.HustleTV.tv

Canelo vs Chavez Battle On Cinco De Mayo weekend,

By | Featured, News, Sports | No Comments

Canelo vs Chavez

In a 12-round battle on Cinco de Mayo weekend, two-division world champion and Pay-Per-View superstar Canelo Álvarez (48-1-1, 34 KOs) takes on former WBC World Middleweight Champion and countryman Julio César Chávez, Jr. (50-2-1, 32 KOs).

Presented by Golden Boy Promotions in an HBO-televised Pay-Per-View, Canelo vs. Chavez, Jr will also broadcast online on Golden Boy boxing and Flipps to viewers in US and Canada available on LIVE iPPV. HustleTV

Canelo Alvarez Julio Cesar Chavez Jr HustleTV DJ Hustle

Canelo Alvarez Julio Cesar Chavez Jr HustleTV DJ Hustle

The event will be available to watch online at canelo-chavez.com in English and Spanish with live commentary in both languages provided by boxing pundits whose names are yet to be revealed. Flipps viewers can access both live streams with just one order.

The event referred to as the Mexico vs Mexico mega fight meets two of Mexico’s finest boxers Canelo Álvarez and Julio César Chávez, Jr. in a historic showdown that will rival the biggest fights in Mexico’s rich boxing history.

Boxing superstar Saul “Canelo” Alvarez makes his return to the ring since Sept. 17 2016 when he knocked out the previously undefeated WBO junior middleweight champion Liam Smith in front of more than 51,000 fans at the AT&T Stadium. With a left hand hook to the liver, Canelo finished off Smith at 2:28 of the ninth round, taking home the WBO belt.

Canelo will be etching his name at the top of the list of legendary fighters to represent Mexico, testing his legacy against the bloodline of boxing’s royalty, Julio César Chávez, Jr. on May 6, 2017 at the T-Mobile Arena in Las Vegas. HustleTV

Former four-time WBC World Middleweight Champion Julio César Chávez, Jr. has proven that he is worthy of carrying the legacy he inherited by his father, living legend and six time world champion Julio Cesar Chavez, Sr.
Combatting some of the most highly regarded fighters in boxing such as Marcos Reye, Brian Vera, Marco Antonio Rubio, and Matt Vanda to only name a few.

In his most recent performance, Chávez, Jr. met with highly regarded Dominik Britsch, winning the bout via unanimous decision with scores of 99-91, 99-91 and 99-91at the Arena Monterrey in Monterrey, Nuevo Leon, Mexico. HustleTV

ANGÉLIQUE KIDJO DJ Hustle www.HustleTV.tv

ANGÉLIQUE KIDJO TO LIVESTREAM SELECTIONS FROM REMAIN IN LIGHT ON WNYC’S “SOUNDCHECK”

By | Featured, Music, News | No Comments
Today at 2pm ET, Angelique Kidjo will perform selections from her re-imagining of Talking Heads’ classic album Remain in Light.
THREE-TIME GRAMMY® AWARD-WINNER TO PERFORM
FULL-LENGTH RE-IMAGINING OF TALKING HEADS’ MILESTONE ALBUM
THIS FRIDAY, MAY 5, AT CARNEGIE HALL / ISAAC STERN HALL
 
ADDITIONAL PERFORMANCES TO FOLLOW THROUGHOUT 2017,
INCLUDING BONNAROO MUSIC & ARTS FESTIVAL ON JUNE 8TH-11TH
 
 
 This Friday, May 5, will  find Kidjo and her band at Carnegie Hall/Isaac Stern Hall doing an unprecedented full-length live performance of Remain In Light. The three-time GRAMMY® Award-winning singer-songwriter and her band will present her thrilling new vision of the landmark album, complete with powerful new arrangements and a series of special surprise guests. HustleTV
Tickets for “Angélique Kidjo’s Remain In Light” are on sale now via carnegiehall.org.
ANGÉLIQUE KIDJO DJ Hustle www.HustleTV.tv

ANGÉLIQUE KIDJO DJ Hustle www.HustleTV.tv

The Carnegie Hall world premiere of “Angélique Kidjo’s Remain In Light” will be followed by further performances at concert halls, theatres, and festivals around the globe, including Manchester, TN’s Bonnaroo Music & Arts Festival, slated for June 8th – 11th. Kidjo’s full-length reimagining of Remain In Light will be released at a later date to be announced. HustleTV
For updates, please see www.kidjo.com.
# # #
questions?
Powerhouse 2017 Power 106 www.HustleTV.tv DJ Hustle

POWERHOUSE 2017 – By POWER 106 The Biggest Concert Of The Year

By | Featured, Interviews, Music, News | No Comments

Powerhouse 2017 is Saturday, May 6, 2017 from 12 Noon – 10:00pm.  Get your tickets at http://livenation.com or http://ticketmaster.com.   Tickets priced at $29.50, $49.50 and $75.00.

The Powerhouse festival area features live performances from emerging Hip Hop artists on the Bud Light Who’s Next? stage, custom cars on display from Galpin Auto Sports, graffiti artists, body art, psychic readings, games, a Ferris wheel, charging stations, food trucks and lifestyle activities.  Join Power 106 DJs in the Power Party tent and catch a peek at the new film ALL EYEZ ON ME on the main concourse. Powerhouse is a 1 day music festival, doors open at noon.  For more information, visit http://www.power106.com/powerhouseHustleTV

POWERHOUSE HAS MOVED OUTDOORS! Make sure you grab your tickets to #POWERHOUSELA and don’t miss this years’ best hip hop festival! Get into #Beastmode with Big Sean! BIG SEAN is headlining alongside LIL’ WAYNE, DJ KHALED, DEORRO, KID INK, POST MALONE, DOM KENNEDY, MADEINTYO, SKEME, VICE, DJ FELLI FEL AND WARM BREW. Stay locked to Power 106 for a very special announcement on Monday, April 24th! We’ve got a major surprise in store for you!

Check out Hip Hop’s future superstars on the Bud Light Who’s Next? Festival Stage; featuring UGLY GOD, DICE SOHO, SCOOP DEVILLE, AD, PRICELESS, DA ROC, FLIP MAJOR, HARRY MACK and more to be announced! Previous Who’s Next? performers have included J. Cole, Kendrick Lamar and G Eazy!

#POWERHOUSELA Is Saturday, May 6th at the Glen Helen Amphitheater from 12noon-10pm. The Glen Helen Amphitheater (formerly called The San Manuel Amphitheater) is located at 2575 Glen Helen Pkwy, San Bernardino, CA 92407

#POWERHOUSELA features, 2 stages, Galpin Auto sports, graffiti artists, beer garden, liquor lounge, psychic, body painting, adult games, bmx demonstrations, skate ramps, charging stations, merchandise, food and more. Doors open at 12 Noon. Get ready to get your party on!

Get your tickets today: Tickets start at only $29.50 Want to win tickets? Listen to power 106 on the radio, app or power106.com every hour 6am-8pm! When we ask you to call, dial 818-520-1059 and be caller 106. Each winner gets qualified for $1000 grand prize. Kick off your summer with #POWERHOUSELA, we’ll see on May 6th! HustleTV

BIG SEAN – DJ KHALED – LIL’ WAYNE – DEORRO KID INK – JEREMIH – POST MALONE – SKEME  DOM KENNEDY -WARM BREW – LA LEAKERS –VICE 

DJ FELLI FEL – UGLY GOD – DICE SOHO – SCOOP DEVILLE

AD PRICELESS DA ROC – FLIP MAJOR – HARRY MACK

SATURDAYMAY 6, 2017

GLEN HELEN AMPHITHEATER

2575 Glen Helen Pkwy, San Bernardino, CA 92407

12 NOON – 10PM

Power 106’s (105.9 Los Angeles), JUST ADDED,  DJ KHALED!  Powerhouse features Platinum superstars, EDM DJs and breaking Hip Hop talent that make Powerhouse the HIP HOP festival of the summer! Performances by BIG SEAN, DJ KHALED, LIL’ WAYNE, DEORRO, KID INK, JEREMIH, POST MALONE, SKEME, THE LA LEAKERS, SKEME, DOM KENNEDY, DJ FELLI FEL, WARM BREW, UGLY GOD, DICE SOHO, SCOOP DEVILLE, AD PRICELESS DA ROC, FLIP MAJOR, HARRY MACK AND SURPRISE GUESTS! HustleTV

YALLWEST www.HustleTV.tv DJ Hustle HustleTV

Recap YallWest Book Festival Reading Books Is Key

By | Featured, Music, News, Recap | No Comments

Recap YALL WEST Book  Festival .

HustleTV   Education News…. Is it 2017 yet? Since I’m prepared to at the end of the day suffocate myself in books and brethren at my most loved book celebration to date: YALL WEST. HustleTV 

YALLWEST www.HustleTV.tv DJ Hustle HustleTV

YALLWEST www.HustleTV.tv DJ Hustle HustleTV

 

DJ Hustle

DJ Hustle

The third yearly YallWest book celebration occurred in Santa Clause Monica, California this end of the week, and as youthful as the celebration still seems to be, it’s as yet a standout amongst the most engaging, best composed book celebrations around. HustleTV 

www.HustleTV.tv DJ Hustle YallWest

www.HustleTV.tv DJ Hustle YallWest Recap

Tickets are live! Get your #YALLWEST 2017 tickets here: yallwest.com/tickets

YallWest HustleTV

YallWest HustleTV

*These are the Main ticketed occasions at YALLWEST. Every other occasion are free and open to the general population. There are NO broad affirmation tickets required. HustleTV 

www.HustleTV.tv YallWest

www.HustleTV.tv YallWest

2017 YALLWEST Lineup

Ameriie

Renée Adhieh

Adi Alsaid

Sasha Alsberg

Victoria Aveyard

Tracey Baptiste

Leigh Bardugo

Pseudonymous Bosch

Alexandra Bracken

Zac Brewer

Cecil Castellucci

Soman Chainani

Sona Charaipotra

Traci Chee

Roshani Chokshi

Cassandra Clare

Dhonielle Clayton

Jessica Cluess

Chris Colfer

Ally Condie

Katie Cook

Zoraida Cordova

Melissa de la Cruz

Lindsay Cummings

James Dashner

Susan Dennard

Jayne Entwistle

Elizabeth Eulberg

Seth Fishman

Amy Foster

Julie Foudy

Kami Garcia

YallWest DJ Hustle www.HustleTV.tv

YallWest DJ Hustle www.HustleTV.tv

Jeff Giles

Maurene Goo

Claudia Gray

Shannon Hale

Dean Hale

Kate Hart

Heidi Heilig

Kirby Heyborne

Abigail Johnson

S. Jae-Jones

Jeramey Kraatz

Sara B. Larson

Sarah Nicole Lemon

Alexander London

Marie Lu

Tahereh Mafi

Sam Maggs

Hunter March

Marie Marquardt

Lisa McMann

Sandhya Menon

Sara Miller

Sarah Mlynowski

Jennifer Niven

Ryan North

Daniel Jose Older

Lauren Oliver

Danielle Paige

Linda Sue Park

Natalie C. Parker

Riley Redgate

Brendan Reichs

Ransom Riggs

Lilliam Rivera

Caleb Roehrig

Gary Rosen

Veronica Roth

Rachel Renee Russell

Benjamin Alire Saenz

Kieran Scott

Marcus Sedgwick

Neal Shusterman

Adam Silvera

Evelyn Skye

Holly Goldberg Sloan

Jennifer E. Smith

Wendy Spinale

Lola St. Vil

Margaret Stohl

Tamara Ireland Stone

Erin Summerhill

Josh Sundquist

Angie Thomas

Megan Whalen Turner

Mark Waid

Corrie Wang

Kasie West

John Corey Whaley

Kiersten White

Julie Wilson

F.C. Yee

Nicola Yoon

YALLWEST www.HustleTV.tv DJ Hustle HustleTV

YALL WEST 2017: A Book Festival To Fulfill Your Dreams

By | Life Style, News | No Comments

YALL WEST book festival.

HustleTV  Education News…. Is it 2017 yet? Because I’m ready to once again drown myself in books and brethren at my favorite book festival to date: YALL WEST. HustleTV 

The third annual YallWest  book festival happened in Santa Monica, California this weekend, and as young as the festival still is, it’s still one of the most entertaining, best organized book festivals around.  HustleTV 

 

YALLWEST www.HustleTV.tv DJ Hustle HustleTV

YALLWEST www.HustleTV.tv DJ Hustle HustleTV

 

YALLWESTSunday-5

Tickets are live! Get your #YALLWEST 2017 tickets here: yallwest.com/tickets

*These are the ONLY ticketed events at YALLWEST. All other events are free and open to the public. There are NO general admission tickets needed.

HustleTV Yall West DJ Hustle www.HustleTV.tv

HustleTV Yall West DJ Hustle www.HustleTV.tv

WP_20160501_16_15_27_Pro

2017 YALLWEST Lineup

Ameriie

Renée Adhieh

Adi Alsaid

Sasha Alsberg

Victoria Aveyard

Tracey Baptiste

Leigh Bardugo

Pseudonymous Bosch

Alexandra Bracken

Zac Brewer

Cecil Castellucci

Soman Chainani

Sona Charaipotra

Traci Chee

Roshani Chokshi

Cassandra Clare

Dhonielle Clayton

Jessica Cluess

Chris Colfer

Ally Condie

Katie Cook

Zoraida Cordova

Melissa de la Cruz

Lindsay Cummings

James Dashner

Susan Dennard

Jayne Entwistle

Elizabeth Eulberg

Seth Fishman

Amy Foster

Julie Foudy

Kami Garcia

Jeff Giles

Maurene Goo

Claudia Gray

Shannon Hale

Dean Hale

Kate Hart

Heidi Heilig

Kirby Heyborne

Abigail Johnson

S. Jae-Jones

Jeramey Kraatz

Sara B. Larson

Sarah Nicole Lemon

Alexander London

Marie Lu

Tahereh Mafi

Sam Maggs

Hunter March

Marie Marquardt

Lisa McMann

Sandhya Menon

Sara Miller

Sarah Mlynowski

Jennifer Niven

Ryan North

Daniel Jose Older

Lauren Oliver

Danielle Paige

Linda Sue Park

Natalie C. Parker

Riley Redgate

Brendan Reichs

Ransom Riggs

Lilliam Rivera

Caleb Roehrig

Gary Rosen

Veronica Roth

Rachel Renee Russell

Benjamin Alire Saenz

Kieran Scott

Marcus Sedgwick

Neal Shusterman

Adam Silvera

Evelyn Skye

Holly Goldberg Sloan

Jennifer E. Smith

Wendy Spinale

Lola St. Vil

Margaret Stohl

Tamara Ireland Stone

Erin Summerhill

Josh Sundquist

Angie Thomas

Megan Whalen Turner

Mark Waid

Corrie Wang

Kasie West

John Corey Whaley

Kiersten White

Julie Wilson

F.C. Yee

Nicola Yoon

2015 MTV Video Music Awards - www.HustleTV.tv HustleTV DJ Hustle

HustleTV A Leader In Entertainment

By | Featured, Interviews, Music, News | No Comments

HustleTV

As any fruitful official in stimulation will let you know, “when you have the roads associated and underwriting your item, your odds for achievement increment tremendously”. That is precisely what is occurring with the “new man in the city” just known as “DJ Hustle .”

Brought up in Los Angeles, California … DJ Hustle  and his new “Hustle television” have discreetly turned out to be one of the most sultry stages for performers and games figures to get their genuine, uncut meetings publicized to the young watchers and to Hip Bounce groups of onlookers around the world.

Beginning off as a DJ performing at significant settings the nation over, DJ Hustle  chosen to stretch out and shaped “Hustle television” in 2008 with the show being circulated by means of the Time Warner Link framework.

Inside a one year era, “Hustle television” had gotten on with the Hip Jump group of onlookers across the country, while DJ Hustle’s affinity with the different Rap music stars and games figures empowered him to secure the “road level, uncut meetings” the craftsman themselves favored and that the watchers so frantically needed to see.

As DJ Hustle’s crush in the avenues took his stage higher than ever, the accomplishment of Hustle HustleTV television persuaded him to reach much further and he began to establish the framework for building a “road edged” one hour digital Network program for Hustle television that would concentrate on “dubious road figures and representatives”.

Esau McGraw www.HustleTV.tv DJ Hustle

Esau McGraw www.HustleTV.tv DJ Hustle

https://www.audiomack.com/embed4-large/dj-hustle/dj-hustle-break

00:00
One Direction – Night Changes (Re-Drum / Clean)
00:33
The Weeknd – Earned It (Trayze Uptempo Remix / Clean)
03:18
Maroon 5 – Sugar (DJ Phlipz Re-Drum / Clean)
05:43
Nico & Vinz – Am I Wrong (Flat Beat Intro)
08:05
Ed Sheeran – Sing (Intro)
09:45
Ne-Yo – Coming With You (Clean)
10:41
The Weeknd ft Daft Punk – Starboy (Kue Remix / Clean)
12:34
Elvis Crespo – Suavemente (Dj JD Remix)
13:43
Meghan Trainor – Me Too (Clean / Ends Cold)

 

 

iHeartRadio www.HustleTV.tv DJ Hustle HustleTV

iHeartMedia Investors Attempt to Restructure $19B Debt, Dangle Chapter 11

By | Music, News | No Comments

iHeart Media owners Bain Capital and Thomas H. Lee Parters, are trying to pull off a  high wire act to balance its massive $19 billion debt load.

iHeartRadio www.HustleTV.tv DJ Hustle HustleTV

iHeartRadio www.HustleTV.tv DJ Hustle HustleTV

Its trying to restructure some $14 billion of that debt by getting itself more time to pay it off while also getting a reduction it what it owes. It has offered to replace loans and bonds with new facilities and replace old bonds with new discounted notes that mature at a later date, in exchange for also receiving stock shares in its separately publicly traded Clear Channel Outdoor Holdings. Depending on the participation, bond holders would receive their pro-rata share of a pool of about 39% of CCOH’s stock. As of April 20, CCOH had a market capitalization of about $2.05 billion. according to Yahoo finance. HustleTV

But so far, bond holders have twice turned up their nose at their deal—even with two extensions.So last week the offer was sweetened and the deadline extended for a third time to April 21 (today), only to be once again rebuffed by bond holders.

         

iHeartMedia, With $20 Billion in Debt, Looks to Restructure a Portion While Holding Off Creditors

So today, they extended another week and instead of the carrot sweetener, iHeart offered the stick, releasing preliminary financial information and saying it may have an insolvency issue sometime later this year if the bond holders don’t take their current deal now. In other words, its playing chicken with its bond holders, saying take what it’s offering now or there might be a Chapter 11 filing, which likely could result in a much lower payout.

iHeart first made its offer for a deal on March 15, and gave bond holders until April 5 to tender their notes. So last week, they sweetened the offer and extended the deadline to April 21 (today), only to be once again rebuffed by bond holders. So today, they extended another week and instead of the carrot, the company offered the stick, releasing preliminary financial information and saying it may have an insolvency issue sometime later this year, if the bond holders don’t take their current deal now. In other words, it’s playing chicken with its bond holders, saying take what its offering now; or there might be a Chapter 11 filing, which likely could result in a much lower payout. HustleTV

So, what kind of a deal is iHeart offering lenders? The details of the term loan tradeoff are not provided, but it’s asking bond holders in a series of notes due on different maturity dates and each paying different interest payments, totaling about $8 billion, to exchange their notes for new ones that mature, in general, two years later, and generally paying two percentage points in lower interest rates than the existing notes, while also forgiving some of the debt.

iHeart offered a three-tiered swap, depending on a low participation scenario, mid-level participation scenario and high participation scenario, with the low participation rate issuing new bonds that would be discounted 12% and pay 88 cents on the dollar; while mid-level participation would result in a 17% discounting paying 83 cents on the dollar; and high participating would gain the company a 25% discount, paying 75 cents on the dollar.

But when none were submitted, it extended the offer to April 14, and then extended it again to April 21. Along the way, its offer was sweetened to the point where it promised to pay 90 cents on the dollar for both low and mid-level participation. Again, bond holders turned their nose up at the offer, collectively offering to tender only some $3 million in notes.

Today, the company extended the offer yet again to April 28. But instead of offering another sweeter, Bain and Tommy Lee switched from the carrot and brought out the stick, reminding debt holders that in its 10-K annual report filing to the SEC, that it may have a “going concern” issue during 2017.

Bob Pittman, Chairman and CEO for iHeartMedia, Inc. speakes during iHeartMedia Presents Seal At The 2015 ANA Masters of Marketing Annual Conference at Orlando World Center Marriott on Oct. 15, 2015 in Orlando, Fla. 

iHeartMedia Chooses to Pay Its Lenders Over Itself as Debt Continues to Drag on Bottom Line

The 10-K noted that the company’s “forecast of future cash flows indicates that…(it) would not be sufficient for us to meet our obligations, including payment of the outstanding receivables based credit facility balance at maturity, as they become due in the ordinary course of business.

While its fiscal first quarter ended March 31, it doesn’t have to make its 10-Q filing until 40 days after the quarter close, or about May 10. But that’s beyond the April 28 deadline, so the company has released preliminary first quarter results, which once again bring up the “going concern” issue.
With negative cash flows projected for 2017, due to the maturities of a $305 million receivables-based credit facility, and $112 million in notes due to be redeemed on jan. 15, 2018, management says that its upcoming 10-Q disclosures indicate “substantial doubt as to our ability to continue as a going concern” for the 12 month following the close of its first quarter.

Its annual interest expense has risen from about  $1.55 billion in 2012 to $1.85 billion last year. Last year the company had about $2.14 billion in earnings before interest, taxes, depreciation and amortization. If its interest expense remains the same, with the $417 million in debt coming due, its total debt expense would total about $2.27 billion, which would swamp EBITDA. HustleTV

Britney Spears performs at the 2016 iHeartRadio Music Festival at T-Mobile Arena on Sept. 24, 2016 in Las Vegas.  

iHeartRadio Passes 100 Million Registered Users

So far this year, the company’s preliminary first quarter numbers shows it will have about $114.06 million in operating profit on $1.33 billion in revenues, down considerably from the $420.7 million in operating profit, on $1.36 billion in revenues in posted in the year earlier quarter. So already, the company is not off to a good start of matching last year’s EBITDA total.

Bain and Tommy Lee, in effect, are telling bondholders that they should take the offer on the table, which may result in a haircut of either gettin 90 cents or 75 cents on the dollar and lower interest payments; or run the risk that the company may have to file for Chapter 11 sometime in the next year. If that happens, a lot of uncertainty comes into the process.

More than likely, the equity players, Bain and Lee get wiped out in a Chapter 11 filing, but there’s no guarantee that a restructuring or a liquidation would achieve a 75 cents on the dollar payout to all debtors. It could be substantially lower, and maybe only the guaranteed lenders get a payout with the subordinated lenders also possibly looking at a wipeout. In other words, there are a lot of possible scenarios if the company has to go down that road.

But all of that uncertainty might be staved off, if the bond holders and the term loan providers take the offer now on the table, which is the heart of the message from the equity players to the debt holders. HustleTV

Jay Z www.HustleTV.tv DJ Hustle

Jay Z, Live Nation Enter Into New Long Term Deal, Continue Roc Nation Partnership

By | Music, News | No Comments

In 2008, Jay Z and Live Nation entered into a $150 million, 10-year 360 deal to cover his next three albums, publishing and other assets and the formation of Roc Nation as a joint venture between Jay and Live Nation. With the terms of that deal now nearing completion, a spokesperson for Live Nation today tells Billboard that the promoter has a new deal with Jay in place, and will remain equity partners with Roc Nation. HustleTV

Jay Z www.HustleTV.tv DJ Hustle

Jay Z www.HustleTV.tv DJ Hustle

“Live Nation has a new long term deal with Jay Z and we expect to continue being equity partners in Roc Nation for many years to come in a statement.

While terms of the new deal were not disclosed, the new agreement does not appear to be an extension of the current 360 arrangement, and instead mostly covers his touring business. HustleTV

Jay Z and Live Nation will continue to operate Roc Nation’s management and recorded music business as a joint venture. Live Nation has let many of its 360 recorded-music deals sunset and has largely gotten out of the recorded music business, although through its various joint ventures it does retain some label holdings

Earlier today, Page Six reported on speculation that Jay Z would be shopping Live Nation’s stake in Roc Nation to Universal Music Group, Roc’s distributor and the longtime home of Def Jam — which Jay Z ran as president and CEO of the label from 2004 through the end of 2007 — and his original imprint Roc-A-Fella Records. But another source told Billboard that any speculation that UMG would buy in to Roc Nation was unfounded.

The paper also reported that the end of the original deal would trigger a buy-sell clause, where either Jay or Live Nation would be able to sell their stake in the company or buy the other out; that is also not the case, sources say, and Live Nation’s confirmation of a long-term deal seemingly puts that speculation to bed. HustleTV