Hey kids. Happy Sunday. Hope you've had a great weekend so far.
Don't forget to join the fun at The Iron Horse Tavern next weekend as we help raise money to cure childhood cancers for the St. Baldrick's Foundation at their Brave the Shave event. No, I'm not shaving my head (it's terribly misshapen and ugly enough as is) but I'll be there for moral support and to emcee the event. You can check out the event site here.
Gorillaz will be returning to the stage in June, headlining the Demon Dayz festival in Kent, England.
While the rest of the festival's lineup is yet to be announced, tickets are already sale for the show that will be held at the Dreamland amusement park.
The Hollywood Reporter says that Dalian Wanda Group's proposed takeover of Dick Clark Productions is officially dead. THR reports that Dick Clark owner Eldridge Industries released a statement Friday that one of its affiliates had "terminated" the $1 billion deal to sell Dick Clark to Wanda and had filed to recover half of a $50 million "reverse termination fee" connected to the deal.
The statement claims the agreement was cancelled "after Wanda failed to honor its contractual obligations."
Beijing regulators began enacting a sweeping new capital-control policy in November, right at the time Wanda and Eldridge reached their deal. Chinese officials were said to be concerned that outward investment from Chinese firms was contributing to a devaluation of the the country's currency and would potentially undermine confidence in China's economy.
Wanda had previously bought the AMC Entertainment movie theater chain, Legendary Entertainment, and Sunseeker yacht company.
The suit, filed in Delaware, seeks to force Wanda to release $25 million held in an escrow account and hand over an additional $25 million that was promised if the deal fell through, and alleges Wanda originally agreed to consummate the sale by mid-January but extended the deadline to the end of February. It then failed to perform its obligation to pay the breakup fee, according to the suit.
Birthdays today include: Graham Coxon of Blur; Ben Kenny of Incubus; Marlon Jackson of Jackson 5; Steve Harris of Iron Maiden; Bill Payne of Little Feat; James Taylor; and Liza Minnelli. #MusicalBirthdays
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