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Archive for April 16th, 2009

Time Warner Folds Pricing Test

I’m somewhat surprised at the move. I think it was all the folks who stood up and said they’d cancel their TW service on principle if TW implemented the $150 for uncapped broadband plan regardless if their particular bill went up or not.

That and many consumers quickly saw through the scam TW was trying to run by claiming that a tiny number of mega users were jamming up and free-riding the current system. If so, the multiple tiers and relatively low monthly usage caps did not make sense. Charge $2 or $5 or $10 per gig above much higher caps if that is the case.

I predict TW will try to grease various government palms and then come back with essentially the same plan warmed over.

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New East Carolina Logo Unveiled. Argh!

I suspect it will take some getting used to, but the folks in Greenville are an expressive lot. They’ll get behind it soon enough. Then it’ll be back to riots and tear-gas all around.

kk

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Topcat Auditions This Weekend!

hhEnough Tea Party, bailout, and bankruptcy. On to more important stuff.

The Carolina Panthers are having Topcats auditions this weekend, with the 1st and 2nd round on Saturday. This kicks off a solid week of interviews, rehearsals, and auditions before the semifinals on April 29th. The finals do not even come until May.

See, this is clearly serious business. Very serious. Seriously bouncy and jiggly and…it’s serious, let’s just leave it at that.

Seriously.

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Carolina Place Mall Owner Bankrupt

kkFinancial trouble we told you about back in December has sunk General Growth Properties. Bloomberg reports that GGP, the nation’s second-largest mall owner, has filed for Chapter 11, unable to service some $27b. in debt. In addition 158 GGP subsidiaries also filed for bankruptcy.

Among the more than 200 malls GGP owns is Carolina Place in Pineville. The recently renovated 1.3 million square foot mall has a tax value of $100m. and paid $1.1m. in property tax to Mecklenburg County and the town for 2008.

GGP was also a driving force behind the The Bridges at Mint Hill, a Carolina Place-sized mall planned for 215 acres at Lawyers Road and 485. That project locked up late last year as GGP struggled to find money.

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