Andrew Taggart and Alex Pall of The Chainsmokers recently opened up with Interview Magazine about their start as DJs and the Wall Street Journal about life thereafter. Songs like “Roses”, “Don’t Let Me Down” and “Closer” have brought their name to the forefront in pop music but their ride has been a long time in the making. Alex was already a DJ, and Andrew joined on with him when someone who knew Alex’s manager mentioned that they were looking to bring someone else on. After getting to know each other’s interests and expertise, the two worked together to form their own identity as a dance music duo. They observed what was going on around them in all realms of the musical landscape and created something that would make them stand apart. What makes them different from others in the electronic music genre is that they mostly write their music themselves and sing their own music as well. For instance, nostalgia for music by Dashboard Confessional and Taking Back Sunday inspired them to write what was going on in their own lives. They’ve collaborated with a host of featured artists and utilized tools like Instagram to share their music and garner success. However, for them, music is not only about the business and marketing of it all. They make it for themselves but also to have a personal experience with those who listen. Having a cohesive album and an expansive live show is also of importance to them. The Chainsmokers like the challenge of this pressure. They strive to constantly create, carefully curate and continue to change with the audience that they are constantly aware of and have watched grow alongside them. This well-calculated strategy for their career has led to them being household names and Alex even being able to purchase a stylish 1930s bungalow to call home.
The Chainsmokers are so good at making dance songs, you just may not realize how good they are. The music producing duo released their full-length debut album “Memories…Do Not Open”, clever title, in April 2017. This album debuted at No. 1 on Billboards category of Top Dance/Electronic Album charts. We have been listening to The Chainsmokers and loving their make-us-feel good genius for much longer. Songs like “#Selfie”, their first hit, was released in 2014. “Paris” came out in January 2017 going gold in Canada within 20 days.
The Chainsmokers duo is made up of Alex Pall and Andrew Taggert, a Gemini and Capricorn mix of success. Alex can be seen on the key and mixing boards while Andrew jumps around in excitement and vocalizes modern day relationship happenings. The two create a sound that makes us want to dance and feel like we are one of the crowd. The two guys also bring in other artists on their songs to complete their genius. Bands like Coldplay and the bright star Halsey are just two of the smart collaborations The Chainsmokers have brought into their mastering. With these artists, they create special music that pleases the masses.
With a net worth of 45 million dollars, The Chaninsmokers have found a place for themselves in the Dance/Electronica world. They have played all over the world including the amazing Ultrafast. Their videos are beautifully made montages of relationships we all wish looked that good. In today’s world, many relationships do look that good, thanks to all the money flying around. The Chainsmokers are here to stay and seem to have a long career ahead of them to make people dance. The nice thing about The Chainsmokers is you really do not have to be a part of the substance scene to really love and enjoy their music. There is a purity in the Chainsmoker music that is refreshing and satisfying.
These days, many corporations no longer offer incentives such as stock options to their employees. There are many reasons for this change, but they primarily revolve around the ability of the company to cut costs. There are three major reasons that many companies no longer utilize stock options for employees, including the issues surrounding a significant drop in the stock price, the fact that economic downturns drastically affect the viability of the stock, often rendering them worthless, depending on the severity of the economic situation, as well as the significant accounting burdens that this method may incur on the company. If the stock value drops considerably, the stockholders may have to deal with option overhang. Staff at many corporations will often consider an increased pay rate as more beneficial than attaining stock options, making them less desirable. Stock options may also have many upsides for the employee, as well as the employer, including the fact that they are generally easily understood and may cause the staff member to give increased effort in regards to opportunities that may benefit the corporation. One of the best solutions for corporations to satisfy the need to provide stock options may be to include a knockout with the option. A knockout clause in regards to stock options will allow the option to become worthless if the value of the stock dips below a predetermined number. Because a knockout option stays valid for a shorter time period than their traditional counterpart, issues regarding accounting expenses may be cut tremendously.
Jeremy Goldstein is a partner, as well as the founder of Jeremy L. Goldstein and Associates, LLC. He attended New York University School of Law, the University of Chicago, and Cornell University, where he received a Bachelors of the Arts Degree cum laude, expressing proficiency in all subjects. Before Jeremy Goldstein began his career with Jeremy L. Goldstein and Associates, he was a partner at the firm Wachtell, Lipton, Rosen, and Katz. Over the last ten years, Jeremy Goldstein has been involved with many of the worlds largest corporate transactions, working with Duke Energy, Verizon Wireless, JP Morgan Chase and Co., as well as playing an integral role in United Technologies Corporation’s acquisition of Goodrich. Today, Jeremy Goldstein holds a position with the American Bar Association as the Mergers and Acquisition Subcommittee of the Executive Compensation Committee and is also an active writing contributor, speaking on issues such as corporate governance and executive compensation.
To learn more, visit http://jlgassociates.com/.