Tuesday, November 29, 2011

AXE Confirmed: Jonesy Terminated


After just 2 years at Power 99's morning slot, Loraine Ballard Morrill, a Clear Channel Radio spokeswoman, confirms that Tarsha "Jonesy" Jones is "no longer an employee of Clear Channel Philadelphia."

Her abrupt termination almost IMMEDIATELY followed a lawsuit filed in Common Pleas Court by a Tracey Parson, who says she and her Kiddie Kare day care business were repeatedly defamed by the radio host in early October.

Jonesy the self-proclaimed "Most controversial diva in radio," - the popular morning radio personality for Clear Channel's Power 99 - formerly worked on Radio One's 100.3 The Beat and had been suspended over comments about Whitney Houston's family. At Hot 97 in New York she was suspended over "The Tsunami Song," a parody of the tsunami that devastated Sri Lanka.

Earlier this year, February 2011, Jonesy accepted a call-in from a listener who claimed to be pregnant with NFL star wideout Chad Ochocinco. Shortly after the phone conversation, the station posted a photo of a different woman than the caller. The pictured woman, who was not pregnant, also filed a suit against Jones and Clear Channel.

The controversial figure is known for raking in higher ratings on her respective lineups. Undoubtedly, with this change, the urban populations of Philadelphia/Delaware/New Jersey face a void in morning radio.

PDN

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Meek Mill - "Work" (Feat. Rick Ross) [Video]

Welcome to the Yacht Club. Dre Films behind the lens...





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Facebook Expecting $10 Billion in IPO


IPO = Initial Public Offering. For those who may not have known the meaning, or skipped that Economics class that day. Facebook has been the largest financial mystery for almost a solid decade now. Change is inevitable...

Mark Zuckerberg's brainchild may finally be preparing for a highly anticipated IPO, long expected to take place sometime after April 2012. If this does indeed go through, groundbreaking would be a massive understatement.

The Wall Street Journal is reporting that the world's largest online social network is looking into raising as much as $10 billion in its IPO. The Journal cited people familiar with the matter but did not identify them by name. The amount would value Facebook at as much as $100 billion, according to the report. That's more than four times the market capitalization that Google Inc. had at the time of its 2004 IPO.


Seeming like the latest wave in upstart Internet companies, a few smaller social media companies have been entertaining the public stock market this year. Professional networking platform LinkedIn, would be considered the trailblazer, taking their talents to the public in May of this year (2011). Since then, the online deals site Groupon Inc., the Internet radio station Pandora Media Inc. and several others have gone public. Others, including the reviews site Yelp Inc. and the online game company Zynga Inc., are planning to do so in the nearer future.

Though hotly anticipated, the latest crop of Internet IPOs has not gone smoothly. Groupon's stock is now trading below its IPO price. It closed at $15.24 on Monday, down 23.8 percent from its $20 IPO price. Pandora has also fallen below its IPO price, though LinkedIn, among the few that's been profitable, is still well above it.

Either way, I'm putting my cards in this pool...

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Australian Drug Bust! 500lbs of Heroin in Raisin Boxes? [Video]

According to the Associated Press, Australian police have shown off a haul of 216 kilos (476 pounds) of heroin and pseudoephedrine found in boxes of raisins shipped into Sydney. A man has been arrested and appeared in court on charges of importing drugs.





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Project #GENTRIFICATION: @BonesHR x @HankMcCoybeats [@TheMarqueRadio Interview Video]





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Star Enterprises' @FlashAmorosos x @westphilclout #NEWtrition Performance [Video]

Saturday, November 26th, the City of Philadelphia belonged to Abstract Thought...they brought a few along for the ride.





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Aye Dj! Mix It Up: @RQaway #Awayteam 2 [Mixtape Stream]


We can start the morning like this right?



The Breakdown...

Underground Kings - Drake
Say My Name - Nesby Phips
Radio - E.D. Nix ft. Heata Best
Bonfire - Childish Gambino
Ambition - Wale ft. Meek Mill
Fantasy - Chels ft. A.B.
Play the Game - Statik Selektah ft. Big K.R.I.T. & Freddie Gibbs
New Mars - Deep N Space
Drank Po'd Up - J Hitta
Trilla - Asap Rocky ft. Asap Twelvy & Asap Nast
9 Figga Nigga - Paasky ft. Yung Mugs


Word to SH Photography on the artwork...

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