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MUZAC Bankrupt : Shoppers Happy !

 
 
Reply Wed 11 Feb, 2009 06:16 pm
the economic crisis isn't all bad : muzak files for bankruptcy .
i just hope there won't be any rescue plan for muzak .
hbg


http://edition.cnn.com/2009/SHOWBIZ/Music/02/11/muzak.bankruptcy/?iref=mpstoryview

Quote:
Muzak, the company that put pop, string-filled arrangements of rock songs in your elevator, filed bankruptcy papers Tuesday after it missed a $105 million payment to creditors.

The pipeline of easy listening will continue to flow as Muzak restructures its debt during the Chapter 11 process, the company said.


seems that i'm out of luck : they are restructuring !
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roger
 
  1  
Reply Wed 11 Feb, 2009 06:51 pm
@hamburger,
And should restructuring fail, I suppose they could apply for "bank holding company status".
hamburger
 
  1  
Reply Wed 11 Feb, 2009 06:56 pm
@roger,
...and add this song to their selection :

Quote:
We're in the Money," lyrics by Al Dubin, music by Harry Warren

(from the film Gold Diggers of 1933, 1933)

We're in the money, we're in the money;
We've got a lot of what it takes to get along!
We're in the money, that sky is sunny,
Old Man Depression you are through, you done us wrong.
We never see a headline about breadlines today.
And when we see the landlord we can look that guy right in the eye
We're in the money, come on, my honey,
Let's lend it, spend it, send it rolling along!

Oh, yes we're in the money, you bet we're in the money,
We've got a lot of what it takes to get along!
Let's go we're in the money, Look up the skies are sunny,
Old Man Depression you are through, you done us wrong.
We never see a headline about breadlines today.
And when we see the landlord we can look that guy right in the eye
We're in the money, come on, my honey,
Let's lend it, spend it, send it rolling along!
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