Spotify has secured a $250 million investment round led by Technology Crossover Ventures on a valuation “north” of $4 billion, according to a story from the Wall Street Journal. The news affirms, with slight tweaks, rumors from two weeks ago on the same agreement. While Spotify declined our request for comment, a source with knowledge of the deal said the numbers are “in the right ballpark.” Spotify is poised to pay out $500 million to rightsholders over the course of 2013 and holds an estimated $400 million in equity and debt. TCV’s investment in the company would seem to bolster the notion that an initial public offering for the company is inevitable given its high valuation and investors such as TCV’s desire for a return on their substantial stakes in the company. Within the digital media market, Technology Crossover Ventures also retains investments in Electronic Arts, Facebook and Netflix.
Based primarily on neutral and dark colors such as black, white, midnight blue, grey and beige, the new collection emphasizes geometric prints, loose-fitting garments and high-waist pants and skirts. The campaign featuring models Ashleigh Good, Nadja Bender & Dalianah Arekion.
Microsoft co-founder Paul Allen has purchased a new mansion in Atherton, California. Allen paid $27 million for the estate, which sits on two acres of land and has a 22,000+ square foot mansion. The home features walls of glass, vaulted ceilings, six bedrooms, four powder rooms, a spa, a home movie theater and seven fireplaces. There is also a detached guest house with two bedrooms and a kitchen. On the outside, there’s a private pool, fire pit and patio area.
Mary J. Blige, Toni Braxton, Mariah Carey, Kelly Clarkson, Kenny ‘Babyface’ Edmonds, Goo Goo Dolls, Ariana Grande and Jewel Set to Perform NEW YORK, – Nov. 19, 2013 – NBC will celebrate the lighting of the world’s most famous Christmas tree with a live broadcast from Rockefeller Center in New York City on Wednesday, Dec. 4 (8-9 p.m. ET). The star-studded holiday special is hosted by “Today” anchors Matt Lauer, Savannah Guthrie, Al Roker and Natalie Morales, and will feature performances from Mary J. Blige, Toni Braxton, Mariah Carey, Kelly Clarkson, Kenny “Babyface” Edmonds, Goo Goo Dolls, Ariana Grande and Jewel. The 81st annual holiday extravaganza will feature a 76-foot Norway Spruce that is 47 feet in diameter and weighs approximately 12 tons. The tree is estimated to be about 75 years old. More than 45,000 energy-efficient multi-colored LED lights will be strung to decorate the tree, topped with a 9 1/2 foot wide LED-lit Swarovski crystal star. The tradition of the Rockefeller Christmas tree dates back to the Great Depression. First erected in 1933, the inaugural tree was decked with 700 lights and placed in front of the then eight-month-old RCA Building (the current GE Building). The Christmas tree gathering was enhanced in 1936 with the opening of the Rockefeller Plaza outdoor ice-skating pond. NBC-TV televised the tree lighting for the first time in 1951 on “The Kate Smith Show” and as part of the nationwide “Howdy Doody” television show from 1953-55. Prior to this year’s primetime telecast, an additional live hour of the special (7-8 p.m. ET) will be broadcast by the following NBC stations: WNBC/New York; WCAU/Philadelphia; KSNV/Las Vegas; WBBH/Fort Myers, Fla.; KHNL/Honolulu, Hawaii; WNWO/Toledo, Ohio; WTWC/Tallahassee, Fla.; WVIR/Charlottesville, Va., WETM/Elmira, N.Y.; WGBC/Meridian, Miss.; KHBC/Hilo, Hawaii; and KOGG/Wailuku, Hawaii.
“If you really put a small value upon yourself, rest assured that the world will not raise your price.”
You’re The One was a song that many were singing back in 2009. The single from her debut album, Dondria VS Phatfffat, landed at #14 on the US R&B charts with the album peaking at #9. But after a while the single faded out and no one really heard much from the Texas raised singer. I had a chance to interview the young and talented artist, and we chatted about her EP, Intermission, her loyalty to Jermaine Dupri and So So Def, and reality show possibilites. Peep the interview: You’re currently working on an EP, Intermission. What inspired the tracks and who did you team up with? When does it come out? All the songs on “Intermission” are based on every aspect of a relationship from beginning to end. So we’re going to laugh, we’re going to cry, we’re going to get angry, forgive, make up, break up, etc… I teamed up with strictly one producer,Feb9Music and one co-writer, AlieonMusic. I don’t like to have too much going on at one time. It will be releasing very soon. Recently, you were a part of a breast cancer awareness event, here in ATL, how was that? It was absolutely wonderful. Rafael Cox, an Atlanta designer, brought breast cancer survivors and celebrity spokeswomen to really raise awareness for this disease. I love doing ANY charity work, what kind of woman would I be if I didn’t use my gifts and influence to help others? At the time you were discovered, YouTube was still fairly new. Was your intention to be discovered or were you just having fun? I was having fun but looking for an un-biased opinion of my voice. Friends, family, and teachers always told me I had a gift but I was looking for people who would tell the honest-to-God truth and didn’t care what I thought about it. Even though we haven’t heard new music from you in a few years, were you producing and writing music for others? If so, who were you writing/producing for? No, I have not been writing or producing for others. I have just started to embrace that talent, believe it or not. I’ve just been focusing on my own projects and honing my gifts; guitar lessons, etc… Reality TV is definitely a major platform for artists. But whether or not it actually works is another story. Have you been approached to do a show? Yeah, reality television is a hell of an experience. I have plenty friends that are and have lived in that world. I have been approached by a couple of new, upcoming shows so we’ll see what happens. I’m not in the business of looking a fool in front the world, lol. I read you’re working on a sophomore album. Why has it taken so long? Did you have any issues that hindered you from working on an album? Such as creative issues/personal issues? There’s a lot that goes into being an artist and being signed to a label. When I first got signed to So So Def, we were also Def Jam. We have since left Def Jam and are now independent and when you’re independent, everything takes a lot more effort and a lot more time and a lot more MONEY. But the reward is definitely much greater than being with a major label. I also read that you are still with So So Def and some may wonder why. Why haven’t you changed labels? So So Def and Jermaine Dupri believe in ME…in Dondria. Everyone else just wants a check off of me and I’ll end up owing them tons of money in the end. I’d much rather stay loyal and know that what God has for me is for me and we can’t rush his timing. Do you have a title for your new album? When will it be released? Who are you working with on the album? What can fans expect? I don’t have a title or release date yet. We aren’t even halfway done with it. We’re really taking our time with selecting and creating on this album. It’s a pretty big deal.JD, B.Cox, Johnta Austin, Cristyle are of course some of the staples on this album. It’s definitely going to be more mature, a little grown and sexy, while still embodying authentic R&B. What are some of the biggest challenges dropping your sophomore album? I think I had more challenges dropping the first album, honestly. With this one, I’m so much more of a perfectionist, and I know exactly what the process is like so I appreciate all the time I’m getting to perfect and create. A few new artists have emerged since you debuted, what artists would you work with now? I love Tori Kelly and Jhene Aiko. They are freaking AWESOME!! You’re such a beautiful young lady, are you in a relationship? What do you look for in a man? Why, thank you!! I am currently in a relationship of 7 years. We were together before I got signed. I look for someone who’s going to challenge me, make me laugh, and teach me things. What do you say to those that don’t believe you’re relevant because of your hiatus? The truth is I’m probably not in society’s eyes; I haven’t released original music in years. All I have to say to that is I’m definitely still here and making music and it will most certainly be worth the wait. At the end of the day, what do you want people to know about Dondria? That I pride and delight myself in doing real and authentic R&B. No gimmicks, no tricks, and no auto-tune. Just good ol’ raw talent. That’s what you’ll ALWAYS get from Dondria.
FRESH!!!! Monaco is the ultimate summer vacation destination. It fascinates the rich and famous with its unique sophistication and exclusive affluent lifestyle. This piece of heaven, located on the French Riviera, boasts a variety of high class clubs, restaurants and hotels, that offer high quality services, which, as expected, don’t come cheap. The glitz and the nightlife of Monaco targets people who like living on the edge of hedonism.