Industry Ink (5/19/14)

Nashville was well represented at SESAC’s Pop Awards held earlier this month at the historic New York Public Library.

Laura Heatherly, T. J. Martell’s Chief Executive Officer, joined SESAC executives and T.J. Martell board members Ellen Truley and Dennis Lord on the event red carpet prior to the awards dinner which honored top songwriters and publishers in the Pop, Urban and Rock music genres.

The event drew over 450 writers, publishers and other music industry members.

Pictured (L-R): Ellen Truley, SESAC’s Vice President, Corporate Relations; Laura Heatherly, T.J. Martell’s Chief Executive Officer; Dennis Lord, SESAC’s Executive Vice President. Photo: Shawn Ehlers

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Live Nation Entertainment, Inc., has announced plans to offer $250 million aggregate principal amount of convertible senior notes due 2019 (the “Convertible Notes”) and $250 million aggregate principal amount of senior notes dues 2022 (the “Senior Notes”). The company intends to use the net proceeds from the offerings to redeem, in the near future, all of its outstanding 2.875 percent Convertible Senior Notes due 2027 in order to pay related fees and expenses, to reinvest in the company’s business and for corporate purposes, including potential acquisitions.

The company is expected to grant the initial purchasers a 30-day option to purchase an additional $25 million aggregate principal amount of such Convertible notes to cover over-allotments, if any.

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The Country Music Hall of Fame® and Museum’s Words & Music, is celebrating 35 years of connecting school children with professional songwriters. On May 21, singer-songwriter Elizabeth Cook will host 2014’s invitation-only event, which begins at 6 p.m. in the CMHoF’s Ford Theater.

“Education is our primary mission, and Words & Music is what that mission looks like in action,” said Kyle Young, museum director. “Nearly 100,000 students have passed through the program since its inception. Over the past three and a half decades, we have only seen demand and excitement for Words & Music grow—proof that this unique interdisciplinary language arts program is more relevant today than ever. We couldn’t be prouder of this unique course we’ve developed, which embodies our commitment not only to our beloved Nashville, but to the entire global learning community.”