If you hate elevator music you are in luck

Discussion in 'Current Events' started by MacNut, Feb 11, 2009.

  1. MacNut macrumors Core


    Jan 4, 2002
    Muzak Holdings, the maker of background music heard in elevators, filed for Chapter 11 bankruptcy protection on Tuesday.

    The company had a heavy debt load, and it filed to try to refinance some of its debt. In a court filing, the company listed its total debt at $100 million to $500 million.

    The filing listed assets of less than $50,000, but a company spokeswoman, Meaghan Repko, said total assets were about $320 million. That included the Muzak operating company, she said, which also filed for bankruptcy. She declined to provide a more exact figure for the company’s total debt.

    Many of Muzak’s biggest creditors are music companies that license songs for use on Muzak playlists. While the company is known as the creator of elevator music, its business is now more focused on creating playlists for use in retail stores, installing professional sound systems and providing other services.

    Muzak, which is based in Fort Mill, S.C., filed for protection in the United States Bankruptcy Court in the District of Delaware in Wilmington.

    The company expects to continue to operate. A statement said it had “sufficient means” to support itself through a bankruptcy reorganization.

    Among its biggest unsecured creditors is U.S. Bank, which is owed $371 million according to a court filing.

    The American Society of Composers, Authors and Publishers is owed $213,020, the filing said.

    Other top unsecured creditors include vendors like Universal Music Enterprises, owed $349,321; EMI Capital Records, $320,323; AT&T, $257,384; and Dish Network, $251,276.

    Sony Music, BMG Film and Television Music, United Parcel Service and Virgin Records were also listed among the unsecured creditors.

    Kirkland & Ellis was hired as the company’s bankruptcy law firm. Moelis & Company will serve as the financial adviser.
  2. Melrose Suspended


    Dec 12, 2007
    I never understood why they couldn't play some Springsteen or Zeppelin sometimes...
  3. greg555 macrumors 6502a

    Mar 24, 2005
    They are filing Chapter 11 which means they most likely will keep running and get to dump a lot of debt in the process. So no respite from the mellow music :)

  4. SkyBell macrumors 604


    Sep 7, 2006
    Texas, unfortunately.
    I've never heard music in elevators before-where is this :confused:stuff?
  5. Abstract macrumors Penryn


    Dec 27, 2002
    Location Location Location
    Don't worry, you're not missing out. Basically, what they do is take your least favourite songs and turn them into even more annoying midi versions. Then they play them quietly at large department stores and the like.
  6. localoid macrumors 68020


    Feb 20, 2007
    America's Third World
    If you think Musak = elevator music your concept of Musak is about 25 years out of date. Their current playlists include material by original artists in a variety of genres.
  7. teflon macrumors 6502a


    May 28, 2007
    I never knew elevators required special music :eek:...
  8. Sun Baked macrumors G5

    Sun Baked

    May 19, 2002
    But alas, the stores have to buy the more recent genres. Most of them turn it on and don't give it a second thought, since it is just noise to cover up the sounds in the elevator that would scare the riders.

    Or they really like to use music that makes their patron want to club themselves like baby seals.
  9. arkitect macrumors 603


    Sep 5, 2005
    Bath, United Kingdom
    You mean to say there was an actual company called Muzak out there responsible for all the crap we're forced to listen to?

    And now they've gone bust?
    "Hallaylooooya! There is a god and his works are indeed marvellous!!"

  10. schizoidwoman macrumors regular

    Jan 12, 2009
    On top of a steep hill in West Yorkshire.
    They could probably sort you out with some panpipe cover versions...
  11. Schtumple macrumors 601


    Jun 13, 2007
    It's special all right... I've never been a fan of elevator music, it's always very bland, but I guess something is better than silence when you're in close proximity with 6 other people you don't know, I swear your hearing goes hyper sensitive in lifts, you can hear EVERYTHING that someone does...
  12. Melrose Suspended


    Dec 12, 2007
    LOL. When I get rich enough to buy one of those tall buildings I'll have fog machines, lazer lights and live DJs in my elevators...
  13. Foxglove9 macrumors 68000


    Jan 14, 2006
    New York City
    It's not just elevators they supply music to most stores that you shop in. Horrible horrible music.
  14. snberk103 macrumors 603

    Oct 22, 2007
    An Island in the Salish Sea
    I thought it was the other way 'round....

    I thought they took your favourite songs, re-recorded them into a version so bland it made you nauseous, and then played it so often that you never wanted to hear it again - original version or not. :D
  15. charlesbronsen macrumors 6502a


    Oct 22, 2008
    Toronto, Ont
    I would pay extra rent if the elevators in my apartment building were like this:D
  16. Abstract macrumors Penryn


    Dec 27, 2002
    Location Location Location
    Perhaps the midi version of Lady Marmalade is someone's favourite song, but not mine. :eek:
  17. bartelby macrumors Core


    Jun 16, 2004
    One good thing muzak gave us was 808 State's track "Lift".
  18. ChrisA macrumors G4

    Jan 5, 2006
    Redondo Beach, California
    Years ago when the company was up for sale. Must have been in the early 80's or before. Ted Negent who is not a fan of the company (read more here http://en.wikipedia.org/wiki/Ted_Nugent ) Wanted to buy the company so he could load the building up with dynamite and blow it off the face of the Earth and create a huge smoking crater. I heard him describe it in an Interview. That would have been the best piece of "performance art" ever. He could not pull off the deal. Some kind of problem with permits and all for a kiloton class bomb
  19. Dagless macrumors Core


    Jan 18, 2005
    Fighting to stay in the EU
    You and me both.
    Everywhere I go they pipe in modern pop music or (terrible) covers of the biggest hits in the last 25 years.

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