Friday, August 1, 2008

CHRIS PAUL CELEBRATES---AND IT'S FOR CHARITY! IN WINSTON SALEM!

CHRIS PAUL CELEBRATES---AND IT'S FOR CHARITY! IN WINSTON SALEM!

Chris Paul's PBA Celebrity Invitational
by Copperhead on Thu Jul 17, 2008 3:13 pm

to be televised by ESPN on 10/19.

--- AND IT'S FOR CHARITY ---

Hornets All-NBA point guard Chris Paul will lead a group of players against professional bowlers in a special made-for-TV fundraising event this fall.

The first Chris Paul PBA Celebrity Invitational will be televised on ESPN. It will be taped for broadcast at the AMF Major League Lanes in Winston-Salem, N.C., on Sept. 20 and will air Oct. 19 to kick off the 50th Anniversary of Denny's PBA Tour season. The Invitational also marks the first time professional athletes from other sports will partner with professional bowlers for a bowling event with a dedicated telecast.

The event will be held in conjunction with the third annual Chris Paul's Winston-Salem Weekend, the signature fundraising event of the CP3 Foundation. Proceeds will benefit charities and programs in Winston-Salem and New Orleans.

"I am thrilled to have a PBA event be a major part of my charity weekend and bring some of the best bowlers in the world to Winston-Salem," Paul said. "I always tell people that I am a bowler first and a basketball player second, so I know this event will be an ultimate test of my bowling skills. There will certainly be a lot of bragging rights at stake among the NBA players who attend."

Paul will head up a field of five NBA stars who will team up with five PBA bowling stars to form five doubles teams consisting of one NBA celebrity and one pro bowler.

The NBA players are yet to be announced, but previous participants in Paul's charity weekend bowling event have included fellow All-Stars and Team USA members LeBron James, Dwyane Wade, Carmelo Anthony and Dwight Howard.

The Bowlers include current Player of the Year Chris Barnes. Tommy Jones, Jason Couch, Doug Kent and Mitch Beasley.

http://www.nola.com/hornets/t-p/index.s ... xml&coll=1

http://www.pba.com/news/feature.asp?ID=822

Sirius And XM Satellite Radio Finalize Long-Delayed Merger

After more than 17 months of government scrutiny, the merger between Sirius Satellite Radio — home to shock-jock Howard Stern — and rival XM Satellite Radio — the exclusive carrier of Major League Baseball — was finalized!!


Tuesday (July 29). The news comes four months after the U.S. Justice Department approved the union and follows on the heels of last week's move by the Federal Communications Commission to give the deal its final blessing.

Prior to the merger's approval, the two companies agreed to set aside 8 percent of their combined channels for public-interest and minority programming, and instituted a three-year price cap. The new company will also offer "à la carte" pricing within three months of the deal's closure.

Now that the red tape has been cut, the newly formed company announced that going forward, it will use the moniker Sirius XM Radio. In a press release, the firm revealed that it is kicking off day one with more than 18.5 million subscribers, making Sirius XM the second-largest radio company in the U.S.

"I am delighted to announce the completion of this exciting merger between Sirius and XM," CEO Mel Karmazin said in a statement. "We have worked diligently to close this transaction, and we look forward to integrating our best-in-class management teams and operations so we can begin delivering on our promise of more choices and lower prices for subscribers."

The deal's main opposition had come from the National Association of Broadcasters, the trade group that represents free radio stations, which waged a lobbying campaign in Congress and at the FCC to stop the merger, arguing that it would create a pay-radio monopoly. But in March the Justice Department's Antitrust Division ruled that the merger would not harm consumers because there are enough other "competitive alternative services" to satellite radio.

As promised when the merger was first announced, existing Sirius and XM radios will continue to work as they have, and subscribers have the option of maintaining their current service package. As first proposed, Sirius and XM subscribers — who had been paying about $13 a month for the service — might end up paying as little as $6.99 with the proposed tiered pricing. In addition, the combined company plans to eliminate duplicative programming, including a number of music channels.

The merger was first proposed as a way of stemming billions in losses incurred in attracting on-air talent, sports deals and subscribers. Sirius said that the deal is expected to save the company about $400 million in 2009, and earn $300 million before interest, taxes, depreciation and amortization.


This report is provided by MTV News

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