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Search found 12129 matches

by MWmetalhead
Fri May 10, 2024 2:37 pm
Forum: Political Potpourri - Michigan
Topic: More stupidity from Dana Nessel
Replies: 13
Views: 266

Re: More stupidity from Dana Nessel

Ridiculous. He - like others - were fed misinformation from the MDEQ. His email communications show a clear concern for Flint residents.

Should he have pushed back more forcefully? Absolutely. But that lapse in judgement is not a crime.
by MWmetalhead
Fri May 10, 2024 1:11 pm
Forum: Political Potpourri - Michigan
Topic: More stupidity from Dana Nessel
Replies: 13
Views: 266

Re: More stupidity from Dana Nessel

Schuette and his team didn't bungle Flint. They were moving to trial with multiple cases that had undergone appropriate preliminary exams.
by MWmetalhead
Fri May 10, 2024 10:54 am
Forum: The Stadium
Topic: Detroit Pistons 2023-24
Replies: 225
Views: 19685

Re: Detroit Pistons 2023-24

Welp, Monty's replacement in Phoenix only lasted a season. Frank Vogel was fired earlier this week and is reportedly being replaced by Mike Budenholzer (whose Milwaukee team ironically defeated the Suns to win an NBA title in 2021). Perhaps coaching wasn't the issue a year ago in Milwaukee. They los...
by MWmetalhead
Fri May 10, 2024 9:54 am
Forum: Grand Rapids/West Michigan
Topic: Gannett screws over award winning Holland Sentinel editor
Replies: 7
Views: 439

Re: Gannett screws over award winning Holland Sentinel editor

Exactly. I believe the Port Huron newsroom is down to one reporter, which is just crazy.
by MWmetalhead
Fri May 10, 2024 8:01 am
Forum: Metro Detroit/SE Michigan
Topic: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Replies: 24
Views: 1907

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Look at their 10K and 10Q filings. No bizarre things are being included in Adjusted EBITDA. In first quarter, they correctly deduct the non-recurring sale proceeds from divestment of their BMI interest. Where I take umbrage is with Caroline's rosy remarks on the earnings release. She could be exposi...
by MWmetalhead
Fri May 10, 2024 7:56 am
Forum: Metro Detroit/SE Michigan
Topic: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Replies: 24
Views: 1907

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

He's right in that Adjusted EBITDA (a non-GAAP term commonly used in earnings releases and the like) can be easily manipulated through things such as add backs for "pro forma cost savings synergies" and other B.S. Beasley's methodology is clean and includes no such B.S. from what I can see. He is al...
by MWmetalhead
Fri May 10, 2024 7:33 am
Forum: Metro Detroit/SE Michigan
Topic: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Replies: 24
Views: 1907

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Beasley's 10Q report was filed yesterday afternoon. They received $6.0 million cash from sale of their investment in BMI in first quarter, so even though a semi-annual interest payment on their $267 million in senior secured notes was made in the period (in February), cash on hand improved from $26....
by MWmetalhead
Thu May 09, 2024 9:25 pm
Forum: Metro Detroit/SE Michigan
Topic: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Replies: 24
Views: 1907

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Sat through about a dozen songs. Only heard one song that The Bounce also plays. Most of the music was soft R&B released within the past 20 years. Oldest song I heard was from 1982 (You Dropped a Bomb on Me by The Gap Band). Will be interesting to see if 105.9 witnesses any sort of ratings rebound i...
by MWmetalhead
Thu May 09, 2024 6:42 pm
Forum: Metro Detroit/SE Michigan
Topic: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS
Replies: 24
Views: 1907

Re: BEASLEY MEDIA INITIATES 7% STAFF LAYOFFS

Unlikely, except for perhaps one or more of the translators. Beasley, if it needs to raise cash prior to entering chapter 11, is more likely to look to divest stations in New Jersey, its crappy standalone AM in Atlanta, or stations in the puny Augusta, GA and Fayetteville, NC markets. Do you think ...
by MWmetalhead
Thu May 09, 2024 5:51 pm
Forum: Political Potpourri - Michigan
Topic: More stupidity from Dana Nessel
Replies: 13
Views: 266

Re: More stupidity from Dana Nessel

The suits state attorneys general filed against 3M, et al. for PFAS made sense. Harm in precise physical locations could be directly attributed to the substance. I am unsure how one can prove what portion of climate change can be directly attributed to burning of fossil fuels. I am also unsure how e...
by MWmetalhead
Thu May 09, 2024 4:34 pm
Forum: Political Potpourri - U.S. and World
Topic: MTG Smack down
Replies: 53
Views: 908

Re: MTG Smack down

Rashida Tlaib's seat is very safe. She won in a landslide in the 2022 general. The Arab and African American communities and many white progressives view her fondly. I live on the NE edge of her district. Her most recent quarterly mailing showed a detailed list of all the federal grant money she (p...
by MWmetalhead
Thu May 09, 2024 4:07 pm
Forum: Political Potpourri - Michigan
Topic: More stupidity from Dana Nessel
Replies: 13
Views: 266

Re: More stupidity from Dana Nessel

Any legal expense spent by big oil will be a rounding error.
by MWmetalhead
Thu May 09, 2024 3:51 pm
Forum: Grand Rapids/West Michigan
Topic: Gannett screws over award winning Holland Sentinel editor
Replies: 7
Views: 439

Re: Gannett screws over award winning Holland Sentinel editor

The Bridge is excellent; that is a terrific thought.

WOOD-TV has hired newspaper reporters in the past; maybe she'd be a good fit for them, too.
by MWmetalhead
Thu May 09, 2024 2:06 pm
Forum: Grand Rapids/West Michigan
Topic: Gannett screws over award winning Holland Sentinel editor
Replies: 7
Views: 439

Gannett screws over award winning Holland Sentinel editor

This is an excellent and eye opening report on Gannett's toxic corporate culture from The Detroit News: https://www.detroitnews.com/story/news/local/michigan/2024/05/09/michigan-editor-who-covered-ottawa-county-upheaval-fired/73614238007/ I feel bad for the employees of Gannett's community newspaper...