April 24, 2009

There were 4 posts published on April 24, 2009 (this is page 1 of 1).

A pirate listens at 40

Kelly and I saw Jimmy Buffett and the Coral Reefer Band again last night, courtesy of a friend’s comp tickets. Jimmy and the band played Raleigh on their “SummerZcool” tour, and while they did play here last summer, band appearances have become rarer in Raleigh lately. I’ve never understood why this is the case, as Jimmy has consistently sold out here. I admit to wondering what we might have done to upset him.

We rolled into Walnut Creek Amphitheatre around 6:30 with a little time to check out the crazy parking lot scene. There were Parrotheads everywhere and we had to scramble for one of the few parking places left in the lot. I was in awe at the kind of machine Jimmy has built in thirty-plus years of touring. The guy gets little or no airplay and yet he still attracts a huge following of loyal Parrotheads.
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Playing for Change

During the “recess” in last night’s Jimmy Buffett show, I was captivated by a music video shown of various international singers singing Bob Marley’s One Love. Watching these talented, diverse singers perform this beautiful song was powerful and spellbinding, so much so that a minute went by before I noticed Jimmy had quietly wandered back on stage, strumming a ukulele and singing to himself with the video. It’s all part of the Playing for Change foundation.

More of this, please!

Owl calling

Around 5 AM this morning I was dozing happily when my attention was drawn to a quiet but repetitive sound outside our bedroom window. A Great Horned Owl was saying good morning from the nearby woods. It may have been the one we’ve seen recently, that last made an appearance in our back yard in March.

I listened to it call for about ten minutes before it meandered away. In the calm, quiet morning, I found this hooting especially soothing. It was a nice reminder that nature is all around us.

Time Warner Cable CEO raked in $14 millon last year

According to an Associated Press analysis, Time Warner Cable CEO Glenn Britt received over $14 million in compensation last year in salary, stock, bonuses, and benefits. And this was down 8 percent from last year.

…. Britt received a salary of $1 million last year, unchanged from 2007, and a performance-based bonus of $6.4 million, down from $7.8 million a year earlier, according to a Securities and Exchange Commission filing.

He received other compensation worth over $82,500, which included more than $25,000 in life insurance premiums, a car allowance and a company savings plan match.

Britt also received nearly 104,000 restricted stock units worth $2.86 million on the date they were granted. He received 374,610 stock options as well with an exercise price of $27.51, worth $4 million when they were granted on March 3, 2008. However, the options are currently worth less given that Time Warner Cable shares closed at $27.37 Monday, slightly below the exercise price.

It’s interesting to note that Wilson built their own triple-play (voice, video, data) fiber network that will serve them for the next twenty years all for the cost of just two years of Glenn Britt’s compensation.

This is a company that needs protection from municipal broadband systems. Yeah, right.