String Cheese Shares Three New Studio Tracks, Details Plan For Future Instantaneous Releases

first_imgAfter months of anticipation, new music from The String Cheese Incident has finally been released! The band has shared a lengthy note detailing the process, which sees the group building their own studio called the SCI Sound Lab, and releasing three new tracks from the mix.The note talks about how the traditional album release process was a slowed down version of what they wanted to do; put new music in the hands of listeners. They had written something like 20 songs in May of 2015, and the Song In My Head album release only captured a small sampling from those new songs and road-tested originals.Instead of that process, the band has built their own studio, allowing them to record and share tracks at a much quicker pace. With that in mind, the group has shared SCI Sound Lab Vol. 1, featuring three new studio cuts: Michael Kang’s “Believe,” Bill Nershi’s “Down a River,” and the familiar song, “Sweet Spot” by Keith Moseley.You can find the new music here, and read the band’s full message below.last_img read more

Lessons of the Week! Idina Menzel, Brian J. Smith & More

first_img Idina Menzel View Comments Do you know what time it is? No, not Hammer Time. Not Peanut Butter Jelly Time. Not Time After Time. It’s time for the Lessons of the Week! Every Friday, Broadway.com brings you the craziest, weirdest and silliest things we’ve learned over the last seven days—and this week, Idina Menzel, Ramin Karimloo, Jarrod Spector and more stars really surprised us.Idina Menzel Loves Hairy GuysWell, this is a weird one. When we asked If/Then star Idina Menzel what she’d like to do with Tony host Hugh Jackman, she answered: “Rub his chest hair.” Um, we were hoping to see them sing “Let It Go” together, but this is way more interesting.Broadway Stars Have Gross TalentsThis week, we grilled the Tony nominees about their secret talents. A Gentleman’s Guide star Lauren Worsham can stick her tongue in her own nostril—not to be outdone by Inishmaan’s Sarah Greene, who can light cigarettes with her feet. Don’t you gals know any card tricks?Wanna Sing Like Queen Lesli? Here’s HowMatilda star Lesli Margherita has revealed her official “Singers Diet.” Aspiring actors, get a pen. The secret ingredients are… (drumroll please)… Dr. Pepper, Hot Tamales and Vitamin Water. That’s it, guys! You’ll be screeching at maggots in no time.Stro Still Has Her Baseball CapsBullets Over Broadway director Susan Stroman says she’s grown out of the signature baseball caps she wore circa 1993 to 2004, but don’t worry, she’s still got ‘em stashed in her closet. Stro, we’d pay top dollar for one of those at the BC/EFA flea market.Jarrod Spector Is NOT a 3rd-Rate FrankieA fan told Beautiful’s Jarrod Spector that he was her third favorite Frankie Valli. Guys, we’ve been through this before. They may be unnaturally talented, but Broadway stars have feelings, too. And in stage door emergencies, if you absolutely must, lie.Lindsay Lohan Missed Her CueGuess what? Lindsay Lohan wants to headline a show in the West End! She’s so serious about the idea, she slept through / forgot about / otherwise missed her mega-important interview with the Sunday Times about it. Good start, Lindsay. Good start.Brian J. Smith Likes the Older LadiesTony nominee Brian J. Smith could bring any gal (or guy) he wants to the awards on June 8—but like most eligible bachelors, he’s pining for five-time Tony winner Angela Lansbury. Come on, who wouldn’t want to date the spunky octogenarian after seeing these moves?B’way Won’t Be Getting Smell-o-VisionSorry, looks like you’re going to have to dig out your old copy of Burlesque to get your Christina-Aguilera-in-a-musical fix. Alas, the Grammy winner won’t be belting Evita in Broadway 4D this year, and, also alas, we won’t get to find out what the streets of Buenos Aires smell like. Chorizo?James Snyder’s Dressing Room SmellsIf/Then star James Snyder has a public service announcement: He is not the stinky guy in the cast. His dressing room only smells funky because his storage bins are emitting a mysterious odor. Suuure, James, blame it on the bins. That’s what they all say.Ramin Karimloo Thinks He’s BoringThe Les Miz star should be putting on his Tony game face right about now, but he’s preoccupied with another competition: Is his Broadway.com vlog as interesting/awesome/exciting as the smelly James Snyder’s? You’re doing great, Ramin, just keep singing and taking your shirt off.center_img Star Fileslast_img read more

Accounting body could drop hybrid scheme work, IASB warns

first_imgTokar added that feedback from a recent pensions accounting discussion paper, issued by the European Financial Reporting Advisory Group (EFRAG), could prove useful to the board in its future work.The discussion paper set out three alternative accounting approaches for dealing with pension promises that offer the higher of the return on an identified asset or group of assets with a minimum guaranteed return.Chapter 5 of the document detailed proposals to account for pension promises linked to an asset return and where the plan holds the assets upon which the benefits are dependent.It also analysed three possible approaches: a capped-asset approach, a fair-value approach and a fulfilment-value approach. The paper was focused exclusively on pension promises that depend on an asset return, and where the sponsor held the assets upon which the benefits were dependent. Thomas Hagemann, chief actuary with pensions consultancy Mercer, said he welcomed the capped-asset return model as it broadly aligned with current practice in Germany.He told IPE: “All in all, the approach, with modifications, could be a good compromise for future valuations.”Of the two other approaches, Hagemann warned that “the effort and cost involved could even prevent companies from introducing such plans at all”.A further constraint on the IASB’s work could be the fact that their work was not supposed to constitute a major reconsideration of the fundamentals of the board’s pensions accounting rulebook, International Accounting Standard 19 (IAS 19) Employee Benefits.The IASB is currently working on a research project that examines pension promises linked to asset returns.Over the course of the project, the board plans to explore whether it can develop an accounting solution in which sponsors would cap the rate of return at the level of the IAS 19 discount rate.This approach, if viable, would avoid the trap whereby sponsors project the liability forward using an equity-based rate of return and discount back at a AA-corporate bond rate. Interested parties have until 15 November to comment on the EFRAG proposals. The International Accounting Standards Board (IASB) could drop its work on hybrid pension fund accounting if it cannot agree on an approach soon.IASB member Mary Tokar said during a meeting on 12 July that the board could scrap the planned work if it became apparent that it was unlikely to deliver a quick, robust solution.She told the meeting that the project was only supposed to be a limited scope effort dealing with a single group of pension promises.She said: “People might have too high expectations for the research project that we have, which really is just looking at the question of ‘is there a relatively easy and contained fix that could address what many people see as an accounting mismatch’.”last_img read more