About me

Friday, May 20, 2011

Lady Gaga The World's Most Powerful Celebrity 2011

       Lady Gaga just hit number 1 on Forbes 100 list for being the highest ranking celebrity.   She is as eccentric as she is incredible.  As well, Lady Gaga beats out Oprah's number one spot on Forbes because Lady Gaga made a reported 90 million on her Monster Ball Tour.  She has an astounding 32 million fans on face book, 10 million followers on Twitter, and Born This Way single had 1 million digital downloads in five days.
       Although, 25 yr old Lady Gaga has shown to be very wild wearing a meat dress, and another time an egg at the Grammy's earlier this year yet she claims to be very traditional.   She was inspired by her parents Joseph and Cynthia Germanotta who bought her albums such as: Stevie Wonder and the Beatles. As well, she grew up listening to Bruce Springstein, Pink Floyd, Led Zeppelin, and Elton John all whom had a big influence on how she is today.  She says she wants to have children someday but for right now she quotes,"I'm giving birth to lots of little monsters so I need to keep clear of stretch marks."  Thus, she refers to her fans as "Little Monsters".
     

Friday, May 6, 2011

Warner Music Sells Itself to Access For Billions

Warner Music sold itself to Access for $3.3 Billion dollars.  Warner music is the worlds only publicly traded major music company. WMG, was involved in the recorded music business and the music publishing business.  As well, WMG is recognized as holding the best known labels such as Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, and Rykodisc.  Also, WMG was involved with artist services as the following: artist management, merchandising, touring, fan clubs, VIP ticketing, sponsorships, and brand endorsements. Therefore, one can see how WMG was the world's largest recorded music business, and one of the musics most successful companies.
       On Friday April 29,2011 Warner Music Group (WMG) agreed to sell to the investment vehicle to the Russian billionaire Len Blavatnik for approx $3.3 billion dollars.  Therefore, Access Industries will pay $8.25 a share for WMG and this is a 4.4 % premium to company's closing price of $7.90. Also, its 34% higher than WMG's avg share price over last 6 months.