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Motown Supreme’ are a fun, young tribute to the Motown genre. Featuring three gorgeous female vocalists (with their sassy, 60’s dance moves, and stunning three part harmonies), and a rhythm section that takes you right back to the good old days of Stevie Wonder, Martha Reeves and Tina Turner, this band is perfectly suited to Corporate Events, Weddings and other parties.

The band provides an evening of entertainment for your event, as the fully live 7 piece band, or an option for a smaller three piece vocal trio, and performing 2 x 70minutes sets of the classic Motown hits. For no extra charge, the band can provide a professionally mixed playlist to play during their breaks, which can feature music along the same theme, or design you an ‘Ultimate Playlist’ of your favourite party tunes (just let us know beforehand and we’ll get it all organised for you). Alternatively you might like to book the ‘Motown Supreme’ DJ, who will work alongside the band and take requests on the night.

Experience…

The musicians used for ‘Motown Supreme’ are of the absolute highest quality & experience, and most importantly, they have a love for Motown like nobody else… you’ll hear that in their playing and see that in their performance! With an eye for detail, this band have a reputation for their outstandingly authentic sound and live show.

 

Reviews…

‘I just couldn’t believe what a fantastic night we had…. I’ve always loved the hits from the Motown era but wasn’t sure if it was right for a whole evening…. however you guys completely made our night, I can’t imagine having loved any other band more. Thanks so much…’

‘Thank you Motown Supreme! You made our company Christmas do go down in history as the best we’ve ever put on…can’t wait for next year!’

‘I’m writing to thank the band for doing such a great job last night…. we’ve had nothing but fantastic feedback from all our guests.’

 

Want to see Motown Supreme LIVE?!

We hold next public showcase events every few months – Get in touch now for more details!

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Various media outlets are Elite Mens Brandon Williams jersey now reporting that AT (NYSE:T) will almost certainly acquire DirecTV (DTV), and the company will be paying quite a bit for the satellite TV behemoth. The two companies are putting the finishing touches on the deal, and a final agreement could be reached Elite Kids Brandon Williams jersey within two weeks, according to Bloomberg. The major remaining issues are the termination fee Authenitc Youth Chris Canty jersey and breakdown of stock and cash AT uses to pay for DirecTV. Assuming an unexpected roadblock doesn’t Elite Kids Eugene Monroe jersey come up, it looks like Mens Dennis Pitta jersey AT is preparing to significantly overpay for an asset of limited strategic value.

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On the whole, AT is overpaying for DirecTV. At $95 $100, DTV is trading at a significant premium to AT and there are risks to its growth story. This deal also makes minimal strategic sense, and a partnership would make more sense than an outright acquisition. AT should focus on growing its wireless unit and returning cash to shareholders. DirecTV will not contribute to these efforts, and at the current price, is unlikely to be accretive. DirecTV shareholders are definitely getting the better end of this deal, and I would be a seller of AT on this news. After this deal, investors would be better off owning VZ.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Various media outlets are now reporting that AT (NYSE:T) will almost certainly acquire DirecTV (DTV), and the company will be paying quite a bit for the satellite TV behemoth. The two companies are putting the finishing touches on the deal, and a final agreement could be reached within two weeks, according to Bloomberg. The major remaining issues are the termination fee and breakdown of stock and cash AT uses to pay for DirecTV. Assuming an unexpected roadblock doesn’t come up, it looks like AT is preparing to significantly overpay for an asset of limited strategic value.

The major question mark remaining is the breakup fee, if the deal is blocked by regulators. This issue is important to AT after it paid billions to T Mobile (NASDAQ:TMUS) when that deal was blocked. There is already another major TV merger in the workings, with Comcast (NASDAQ:CMCSA) working to convince regulators to let it buy Time Warner Cable (NYSE:TWC). Timing this deal now minimizes the likelihood that regulators thwart AT yet again. Regulators would struggle to explain why they approved Comcast’s deal but blocked AT Regulators will need to either approve both deals or nix both, and at this Youth Kids Chris Canty jersey Brandon Williams jersey point, regulatory approval is more likely Authenitc Kids Brandon Williams jersey than not. Once combined, AT and DirecTV will have roughly 25 million video subscribers, which is only 25% bigger than Comcast currently is today. It also would be smaller than the merged Comcast Time Warner. While bigger, AT would not be a monopoly; it would not even be the biggest pay TV service, nor would it control a monopoly in any major market. After all, the new AT will still face competition from traditional cable providers. This proposed merger, while likely to draw scrutiny, is unlikely to be blocked.

However, I continue to believe AT shareholders would probably be better off if regulators blocked the deal. In January Crockett Gillmore jersey of this year, DirecTV was trading below $70, and AT bid is likely to be in the $95 $100 range, according to reports. This represents a roughly 40% premium. Simply put, AT is paying far too much on a standalone basis. In this price range, DirecTV will be worth around $50 billion, Authenitc Jeromy Miles jersey and AT will assume its $16 billion of net debt (DirecTV’s financial and operating Authenitc Mens Crockett Gillmore jersey data are available here). That makes the enterprise Womens Crockett Gillmore jersey value of this deal $66 billion.

While strong, DirecTV’s operating results simply do not justify this price tag. In 2013, DTV generated around $2.6 billion Authenitc Youth Brandon Williams jersey in free cash flow. At $100, DTV is trading 20x free cash flow, and the company is being valued at 33x free cash flow when including its debt. At $100, DTV is also being valued at over 17x 2014 earnings. To make this deal accretive, DirecTV will need to grow dramatically. Unfortunately, I think growth expectations are far too high.

First, DirecTV has a significant business in Latin America; however, much of the Elite Blue Chris Canty jersey Latin American economy is facing problems amid emerging market turmoil. We are also seeing devaluations in various countries like Argentina and Venezuela, and currency will continue to be a headwind. While Latin America has solid long term fundamentals, it will likely be a rough 24 months. Also, in the United States, Elite Kids Eugene Monroe jersey DirecTV has expanded its customer base by offering exclusive content, namely the Elite Dennis Pitta jersey Authenitc Jeromy Miles jersey NFL Sunday Ticket. The NFL has seen consistently strong ratings and is arguably more popular than ever. The current contract expires at the end of this year, and negotiations are still ongoing. At the very least, a new deal will be more costly, which will pressure margins. At the worst, another provider could Authenitc Blue Brandon Williams jersey win NFL Sunday Ticket, which would seriously pressure revenue and profitability. This renewal could mildly cut earnings, while a failure to renew could seriously weaken results.

At the same time, it is important to note that AT will pay for a portion of this deal in stock. In essence, AT is trading its shares for DirecTV shares, which is an unfavorable trade. While DTV is 20x free cash flow and 17x earnings, AT is less than 15x earnings and Authenitc Kids Chris Canty jersey 17x free cash flow. AT is paying up for DTV, while offering its stock at a comparatively cheap price. Using stock will make this deal even more dilutive and will drag on EPS in the coming two years. AT currently carries $76 billion in net debt, so it will need to fund Youth Chris Canty jersey some of the $50 billion with stock (AT financial and operating data available here). Issuing equity will only worsen the fact that AT is overpaying for DirecTV’s operations.

This deal will also focus the business away from wireless, where AT growth is. It also provides a strategic headache in markets where AT offers U verse TV. AT has spent billions building U verse into a viable business, and it is finally succeeding on this front, with U verse growing revenue 29% to an annual rate of $14 billion last quarter. Once this deal is Youth Crockett Gillmore jersey completed, though, AT will be competing with itself in some markets, offering both U verse and DirecTV. Competing with itself makes little sense, so this Authenitc Kids Chris Canty jersey deal will effectively force the company to cease offering U verse TV, wasting the billions spent to build the service. Buying DirecTV now Womens Chris Canty jersey that its own TV service is gaining traction causes more problems than it solves. On the positive side, AT could bundle DirecTV with its wireless offerings to combat competitive pressures from Sprint (NYSE:S), Verizon (NYSE:VZ), and T Mobile. However, it would be far cheaper to simply enter strategic partnerships with cable providers and agree to a revenue sharing scheme. This would make far more financial sense than paying 20x free cash flow for DirecTV.

On the whole, AT is overpaying for DirecTV. At $95 $100, DTV is trading at a significant premium to AT and there are risks to its growth story. This deal also makes minimal strategic sense, and a partnership would make more sense than an outright acquisition. AT should focus on growing its wireless unit and returning cash to shareholders. Elite Kids Crockett Gillmore jersey DirecTV will not contribute to these efforts, Authenitc Kids Crockett Gillmore jersey and at the current price, is unlikely to be accretive. DirecTV shareholders are definitely getting the better end of this deal, and I would be a seller of AT on this news. After this deal, investors would be better off owning VZ.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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