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☆ Audacy completes its financial restructuring and now plans to go private
▼ + stars: | 2024-09-30 | by ( Liam Reilly | ) edition.cnn.com time to read: +7 min

CNN —Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million. The radio giant had filed when it disclosed it was entering a restructuring agreement to reduce debt. Audacy is the second largest radio company in the United States behind iHeartMedia and ahead of Cumulus. Audacy, an internet radio conglomerate, operates hundreds of music, news and sports radio stations. The company, founded in 1968 as Entercom Communications, merged with CBS Radio in 2017, before rebranding as Audacy in 2021.

Persons: David Field, Audacy, ”, strongmen Soros, Soros, Rupert Murdoch, ” Soros, Ajit Pai, Donald Trump, George Soros, Chip Roy, ” Roy, Sen, Ted Cruz, Jessica Rosenworcel, Elon Musk’s, ” “ Soros, “ George soros, ” It’s Organizations: CNN — Radio, “, Bloomberg, Fund Management, FCC, Soros Fund Management, Soros, Democratic, Open Society, New York Post, Cumulus Media, iHeartMedia, Cumulus, CNN, Republican, Rothschilds, fcc, Entercom Communications, CBS Radio Locations: Philadelphia, Hungarian, United States, Texas, U.S

☆ Ye Spends a Second Week at No. 1 With ‘Vultures 1’
▼ + stars: | 2024-02-26 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

Ye, the rapper and provocateur formerly known as Kanye West, has the No. 1 album for a second week with “Vultures 1,” narrowly beating out a new release from the Oregon rapper Yeat. He released “Vultures 1” independently and promoted the album with a pair of well-attended listening events at arenas in Chicago and Long Island. It is Ye’s first album to spend more than a single week at No. According to an estimate computed by Billboard, “Vultures 1” earned about $1 million in its first week from sales and streams in the United States alone.

Persons: Ye, provocateur, ”, Yeat, Ty Dolla, Jay Organizations: “, Billboard Locations: Oregon, United States, Chicago, Long

☆ Treasures from Rothschild family collection fetch over $62 million at unprecedented auction
▼ + stars: | 2023-09-06 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +3 min

CNN —A vast collection of art, furniture, silver, ceramics, and jewelry long held in the private collection of the Rothschild banking dynasty sold for more than $62.6 million over several auctions at Christie’s New York. The sales, which concluded on Tuesday, marked the first dedicated auction in North America of works from the French branch of the long-time banking family. Coincidentally, the cameo last came to auction at Christie’s in 1899, when it sold for £3,750 (about £395,000 or $496,000, in today’s money), shortly before it is believed to have entered the Rothschild collection. We don’t get a bulk of this type of material coming up for sale anymore,” Rendell said. As for why the family chose to sell the collection now, Rendell believes it may have been a “rationalization” and a “generational shift” in attitude.

Persons: Rothschild, Baron James Mayer de Rothschild, Betty, Alphonse, Gerrit Dou’s, Claudius, ”, Jonathan Rendell, “ It’s, James Mayer de Rothschild, Rendell, ” Rendell, Read Organizations: The Art, CNN, Christie’s, Old Masters Locations: York, North America, Christie’s, Christie’s Americas, New York, Europe

☆ Treasures from Rothschild family collection could fetch $30 million at unprecedented auction
▼ + stars: | 2023-09-06 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +3 min

CNN —A vast collection of art, furniture, silver, ceramics, and jewelry long held in the private collection of the Rothschild banking dynasty is expected to sell for as much as $30 million over several auctions this fall at Christie’s New York. The sales will mark the first dedicated auction in North America of works from the French branch of the long-time banking family. A German silver-gilt mounted nautilus cup and cover estimated to fetch between $100,000 and $150,000 at auction. Coincidentally, the cameo last came to auction at Christie’s in 1899, when it sold for £3,750 (about £395,000 or $496,000, in today’s money), shortly before it is believed to have entered the Rothschild collection. As for why the family is selling the collection now, Rendell believes it may be a “rationalization” and a “generational shift” in attitude.

Persons: Rothschild, Baron James Mayer de Rothschild, Betty, Alphonse, Gerrit Dou’s, Claudius, ”, Jonathan Rendell, “ It’s, James Mayer de Rothschild, Rendell, ” Rendell, Read Organizations: The Art, CNN, Christie’s, ” Locations: York, North America, Christie’s, Christie’s Americas, New York, Europe

☆ Fact Check-Inaccurate WEF Founder Klaus Schwab family tree shared online
▼ + stars: | 2023-09-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

A photo that claims to depict the family tree of World Economic Forum (WEF) Founder Klaus Schwab includes multiple inaccuracies. Posts online are taking it as evidence he is related to the Rothschild banking dynasty on his mother’s side. The same image of the family tree appeared online as early as July 2021 in a conspiracy thread on Reddit (here). KLAUS SCHWAB PARENTSThe family tree notes an accurate birth year for Klaus Schwab, but the names of his parents are incorrect. The photo shared on social media includes multiple inaccuracies to falsely link Klaus Schwab to the Rothschild banking dynasty.

Persons: Klaus Schwab, Rothschild, Mayer Amschel Rothschild, Schwab, KLAUS SCHWAB, Eugen Wilhelm Schwab, Erika Epprecht, Yann Zopf, “, ”, FRED, MARIANNE SCHWAB, Marianne Schwab, Marianne Rothschild, Marianne, Klaus, nee Rothschild, Louis, Melanie Rothschild, Fred Schwab, Leslie, Madeleine, Fred, Marianne’s, LOUIS ROTHSCHILD, Marianne Schwab’s, Louis Rothschild, Louis Nathaniel von Rothschild, Countess Hildegard Johanna Caroline Marie Auersperg, Louis Nathaniel’s, Salomon Albert Anselm von Rothschild, Bettina Caroline de Rothschild, Moritz, Emma Rothschild, Spokespeople, Read Organizations: Economic, Facebook, Zekelman Holocaust, Jewish, Rothschild, Getty, Reuters Locations: Ravensburg, Germany, Frankfurt, England, United States

☆ Sheldon Harnick, Musical Theater’s Great Marriage Broker
▼ + stars: | 2023-06-23 | by ( Jesse Green | ) www.nytimes.com time to read: +1 min

The twilight golden years of the Golden Age of musical theater, which archaeologists date from about 1959 to 1981, produced three great lyricists. One, of course, was Stephen Sondheim, setting words to his own music with a neurotic complexity that defined that time and ours. Sondheim called his lyrics “impeccable.”As models of humor, elegance and compassion, they could stand to be more widely studied and imitated. That they aren’t is partly the result of the strange bifurcation of Harnick’s career into Bock and post-Bock eras. Another handful of his shows with Bock (“The Apple Tree,” “The Rothschilds,” “Tenderloin”) are just as pleasurable, if less profound.

Persons: Stephen Sondheim, Fred Ebb, John Kander, Sheldon Harnick, “, Jerry Bock, Sondheim, Bock, Harnick, ”, “ Fiorello

☆ Rothschild holdouts have little chance of a bump
▼ + stars: | 2023-02-14 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 14 (Reuters Breakingviews) - The dynasty behind famed investment bank Rothschild & Co (ROTH.PA) has sided with France’s business elite to buy out minority investors on the cheap. Any potential holdouts, though, have little hope. If they miss that threshold, the Rothschild family can keep whatever shares they get. That means they could just try the whole thing again next year – but starting from a higher ownership base. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ NFTs are back, and this time they could wreck havoc on the crypto market
▼ + stars: | 2023-02-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Imagine if it's actually a way to serve fast food without you realizing it. Bored Ape Yacht Club NFTs in Times Square during an NFT conference in June. Look, the idea of borrowing against artwork is actually a well established, and smart, way to manage your money. Crypto's track record with risk management leaves a lot to be desired, and crypto lenders haven't exactly been crushing it. Here's more on how the bankrupt crypto exchange is trying to take back the $90 million in political donations.

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