Author Archives: Fred Stiening

Clear Channel / iHeartmedia bankruptcy update

A few tidbits from the Tom Taylor newsletter along with having read the bankruptcy filing. John Malone had his lawyers show up at the “First Day Motions” to represent his interests. The filing has language permitting Malone to submit his … Continue reading →

Posted in Uncategorized | 3 Comments

It’s open!

Friday was the official launch of the $1.6 billion Blue Line extension, coinciding with the NCAA Round 1 playoff at the Spectrum Arena. No pushing!

Posted in Uncategorized | 15 Comments

Clear Channel files Chapter 11 (finally)

https://radioink.com/2018/03/15/iheart-lenders-sign-agreement-file-chapter-11/ It is important to note that the description says some of the lenders are on board. It reads like this will be a contested bankruptcy. After the group supporting the plan pins down the details, there is a period … Continue reading →

Posted in Uncategorized | 3 Comments

Revisiting the “trail of tears”

Over in Cherokee, North Carolina, there is a pageant called “Unto These Hills” that tells the story of the Cherokee people, from their initial contact with Europeans through their forced resettlement to Oklahoma during the Presidency of Andrew Jackson. https://www.ncdcr.gov/blog/2016/07/01/outdoor-drama-at-cherokee-revived … Continue reading →

Posted in Uncategorized | 5 Comments

March Madness

Nothing says Spring like a long March

Posted in Uncategorized | 60 Comments

How would a combined SiriusXM / Clear Channel work?

And add in Pandora… First, it helps to know who John Malone is, since he would be making the decisions. https://en.wikipedia.org/wiki/John_C._Malone (The Wikipedia article is very incomplete) John Malone’s education was in industrial and electrical engineering, and he got a … Continue reading →

Posted in Uncategorized | 6 Comments

My pal Alexa

The Countess and I are sorting out our technology choices, and experiencing the crossfire among Amazon, Google, Microsoft and Roku, among others. Countess has been getting comfortable with the Amazon Fire 8 HD tablet I bought last year. It is … Continue reading →

Posted in Uncategorized | 7 Comments

Billy Graham dead at 99

Just last week, on our way to the Carolinas Aviation Museum, we made a brief detour to visit the Billy Graham library, on the Billy Graham Parkway, about half way between Uptown and the airport, in a largely undeveloped area. … Continue reading →

Posted in Uncategorized | 6 Comments

Visiting CLT

This got busy enough that I’m going to drag the comments here, I hope

Posted in Uncategorized | 13 Comments

The Clear Channel bankruptcy plan

As pointed to be Tom Taylor’s news letter: SEC Filing This is proposed pre-packaged bankruptcy. In a Chapter 11 bankruptcy, normally there is an entity called the “Debtor in possession”. The DIP agrees to put up the money to keep … Continue reading →

Posted in Uncategorized | 3 Comments