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Muzak files for Chapter 11 bankruptcy
Reuters ^
| Tue Feb 10, 2009 1:31pm EST
| Reporting by Santosh Nadgir in Bangalore and Emily Chasan in New York;
Posted on 02/12/2009 10:21:08 AM PST by a fool in paradise
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To: Revolting cat!; Daffynition; 537cant be wrong; Aeronaut; bassmaner; Bella_Bru; ...
It was bound to happen someday. There just isn’t the same songbook of hits to turn into instrumentals...
How do you make an instrumental out of a hiphop song that itself is a recycled riff from an older song?
2
posted on
02/12/2009 10:23:15 AM PST
by
a fool in paradise
(Obama thinks spending tax $ on abortions in Mexico helps more than controlling illegal immigration)
To: a fool in paradise
In tough times companines cut down on their overhead including the well-edited Muzak.
I would think much of their large sales force will be hitting the unemployment lines.
3
posted on
02/12/2009 10:24:28 AM PST
by
Monterrosa-24
( ...even more American than a French bikini and a Russian AK-47.)
To: a fool in paradise
As much as $500M in debt, and only $50K in assets?
So when does the criminal investigation begin?
4
posted on
02/12/2009 10:25:05 AM PST
by
hsrazorback1
(Seek truth.)
To: a fool in paradise
I heard a Muzak cover of “Marrakesh Express” once at an Ohio Turnpike restaurant. True story.
To: a fool in paradise
Dang it. I was holding out for the Boston Pops version of Voodoo Chile. I blame the kids with their danged IPods and their hepcat music and their mary jane...
To: a fool in paradise; SortaBichy
Oh just ducky...now all we’ll get to hear in elevators are those “old lady walk farts”...
7
posted on
02/12/2009 10:25:51 AM PST
by
ErnBatavia
(Here's hoping the Kennedy family trust is in deep....with Madoff)
To: a fool in paradise
According to Come as You Are Kurtd Cobain worked at Muzak in Seattle. It was a favored job amongst the scene as back then Muzak was tapes mailed to your location and musicians could use the giant tape duplication machines and stolen office supplies to release singles of their songs.
In a way the entire Alternative Rock movement broken free by popularity of Nirvana owes a lot to Muzak. And more than just boring them into creativity via homogonized distribution of background music.
— lates
— jrawk
8
posted on
02/12/2009 10:26:56 AM PST
by
jrawk
To: a fool in paradise
9
posted on
02/12/2009 10:27:00 AM PST
by
bmwcyle
(I have no President as of Jan 20th 2009. No Congress either.)
To: a fool in paradise
I'll try my best to play Taps in the style that will pay honor to the now bankrupt Muzak.
To: a fool in paradise
“We believe chapter 11 will provide us with the opportunity to right size our capital structure and gain financial flexibility...,” Chief Executive Stephen Villa said in a statement...”
MBA speak for WE ARE SO BONED.
11
posted on
02/12/2009 10:28:33 AM PST
by
petro45acp
(A government may create work, but only a free market creates jobs, careers, and growth!)
To: a fool in paradise
Finally some good economic news.
12
posted on
02/12/2009 10:28:44 AM PST
by
razorboy
To: ErnBatavia
Jim Morrison told us this day would be coming... “When the Muzak’s over, turn out the lights! turn out the lights! turn out the liiiiiiiiiiarrrrrrrrrrrrrghhhhhhhhhhts!”
13
posted on
02/12/2009 10:30:22 AM PST
by
a fool in paradise
(Obama thinks spending tax $ on abortions in Mexico helps more than controlling illegal immigration)
To: a fool in paradise
“Thank you for calling the US Bankruptcy Court district office. All of our staff is busy helping other customers at this time. Please hold for the next available clerk...Da da dada duh da da dada duh da da dada duh dad dad dada dud dah...”
“Damn....”
14
posted on
02/12/2009 10:30:32 AM PST
by
ejonesie22
(Stupidity has an expiration date 1-20-2013 *(Thanks Nana))
To: razorboy
15
posted on
02/12/2009 10:31:47 AM PST
by
a fool in paradise
(Obama thinks spending tax $ on abortions in Mexico helps more than controlling illegal immigration)
To: a fool in paradise
Fifty years ago this past February 3rd,
the music died. Today the Muzak dies. Buh bye.
16
posted on
02/12/2009 10:35:18 AM PST
by
cynwoody
To: a fool in paradise
I saw their van just the other day, and was surprised that they were still in business. Weren’t they pioneers in sending audio over the phone lines?
Another reason for the demise maybe the growing rejection of instrumental pop in favor of songs and declamations with dumb and vulgar lyrics. I see that (or hear) at my gym where they pipe annoying neo-disco (as I call it) at full volume into the speakers. Instrumental music requires a bit of imagination.
To: a fool in paradise
Why do I picture their attorneys in an elevator heading up to file the bankruptcy papers listening to...?
To: Slings and Arrows
Not sure if this is worthy...
19
posted on
02/12/2009 10:39:13 AM PST
by
a fool in paradise
(Obama thinks spending tax $ on abortions in Mexico helps more than controlling illegal immigration)
To: Billthedrill
I think Ray Coniff does Voodoo Child covers on Muzak.
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