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Bob Baffert suspended by Churchill Downs after Medina Spirit’s second constructive drug take a look at

Churchill Downs Racetrack suspended equestrian trainer Bob Baffert for two years just hours after lawyers announced Wednesday that its Kentucky Derby winner Medina Spirit had failed a second drug test for the banned steroid betamethasone.

The suspension means that no horse trained by Baffert or Bob Baffert Racing Stables will be able to ride a track owned by Churchill Downs Incorporated until the Churchill Downs Spring Meeting closes.

Part of that gathering is the Kentucky Derby, the first jewel in the horse racing triple crown. Kentucky Horse Racing Commission officials have yet to decide whether Medina Spirit’s win in the derby should be overturned due to the two failed tests.

Churchill Downs CEO Bill Carstanjen quoted Baffert’s history of failed horse drug testing when he announced the two-year ban on the coach, whose seven derby wins are the most of all coaches.

This year alone, Baffert failed five horses in drug tests.

Carstanjen also took a shot of Baffert for spreading the idea that Medina Spirit only had betamethasone in its system from an anti-fungal ointment being applied to the horse.

“CDI has consistently advocated strict drug regulations so that we can confidently ensure that the horses are fit for racing and that the races are conducted fairly,” Carstanjen said in a statement.

“Reckless practices and substance abuse that endanger the safety of our equine and human athletes or endanger the integrity of our sport are unacceptable and as a company we must take steps to show that they will not be tolerated,” said Carstanjen.

Bob Baffert, coach of Kentucky Derby winner Medina Spirit, stands near the track at Churchill Downs in Louisville, Kentucky on April 28, 2021.

Bryan Woolston | Reuters

“Mr. Baffert’s record of test failure threatens public confidence in thoroughbred racing and the reputation of the Kentucky Derby,” said the CEO.

“In light of these repeated failures over the past year, including the increasingly extraordinary declarations, we firmly believe that it is our duty and responsibility to enforce our right to enforce these measures.”

Baffert announced on May 9 that Medina Spirit tested positive for betamethasone, a steroid used for therapeutic purposes in horses, in a sample taken on the day of his Derby victory a week earlier. Baffert said 21 picograms of the drug were found in it.

Although this drug is legal for use as a therapeutic on a horse in Kentucky, any trace of it on race day is a reason for disqualification if a second test confirms it was in the blood that day.

On Wednesday, lawyers for the owners of Medina Spirit, Amr Zedan and Baffert, announced that betamethasone was found in a second test of a blood sample.

Clark Brewster, Zedan’s attorney, told CNBC that officials are allowing the Medina Spirit team to have a third sample from the horse analyzed by another laboratory.

That test, Brewster said, could determine if there are any chemicals that would support Baffert’s claim that the betamethasone may have come from a topical ointment called Otomax rather than an injection.

Brewster found that a picogram is only a trillionth of a gram.

“Hopefully they’ll make a reasonable judgment,” Brewster said, referring to the Kentucky Horse Racing Commission’s review of drug test results.

“I think there will be consensus that this is a negligible amount that cannot have affected the race,” said the lawyer.

Disclosure: CNBC parent NBCUniversal owns NBC and NBC Sports, which broadcast the Triple Crown races.

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Bob Koester, Revered Determine in Jazz and Blues, Dies at 88

Bob Koester, who founded the influential Chicago blues and jazz label Delmark Records and also owned an equally influential record store where players and fans mingled while looking for new and vintage sounds, died Wednesday at a care center in Evanston, Illinois., Near his home in Chicago. He was 88 years old.

His wife, Sue Koester, said the cause was complications from a stroke.

Mr. Koester was a key figure in Chicago and beyond, posting early efforts by Sun Ra, Anthony Braxton, Jimmy Dawkins, Magic Sam, and numerous other jazz and blues musicians. He captured the sound of Chicago’s lively blues scene in the 1960s on records such as Hoodoo Man Blues, a highly admired 1965 album by singer and harmonica player Junior Wells with guitarist Buddy Guy.

“Bob told us,” Play me a record like you played at the club last night, “recalled Guy in a 2009 interview with the New York Times, and somehow caught the electric feeling of a live Performance 1. In 2008 the record was inducted into the Grammy Hall of Fame.

Around the same time, Delmark took up early examples of avant-garde jazz, which pianist Muhal Richard Abrams and other members of the Chicago Association for the Advancement of Creative Musicians, founded in 1965, generally proclaimed the high-volume style.

“If he thought something mattered, he wouldn’t think about whether it would sell,” Ms. Koester said over the phone. “He wanted people to hear it and know the meaning.”

Howard Mandel, the jazz critic and author, said in a telephone interview: “He was following his own star. He wasn’t interested in trends at all. “

For decades, Mr. Koester’s record store, Jazz Record Mart, provided enough financial support to allow Delmark to make records that did not sell many copies. The shop was more than a point of sale for Delmark’s artists; It was packed with all kinds of records, many of them from collections Mr. Koester had bought or traded on.

“The place was just an amazing crossroads of people,” said Mr Mandel, who worked there for a while in the early 1970s. Music lovers would look for obscure records; Tourists would come for the reputation of the business; Musicians would come to share stories and ideas.

“Shakey Walter Horton and Ransom Knowling hung out there, and Sunnyland Slim and Homesick James kept dropping by,” harmonica player and bandleader Charlie Musselwhite, who was a clerk at the store in the mid-1960s, told The Times in 2009, rattling the names of some blues musicians. “You never knew what fascinating characters you would wander into, so I always felt like I was in the eye of the storm.”

Mr. Mandel said part of the fun is tapping into Mr. Koester’s deep reservoir of arcane musical knowledge.

“You’d get into a conversation with him,” he said, “and in ten minutes he was talking about an obscure wormhole on a serial number on a press.”

Ms. Koester said the store held a special place in her husband’s heart – so much so that when he finally closed it in 2016, citing rising rents, he almost immediately opened another, Bob’s Blues and Jazz Mart.

“He loved going to the studio in the days when he picked up Junior Wells and Jimmy Dawkins,” she said, “but retail was in his blood.”

He especially loved talking to customers.

“Often times they would come into the store looking for something,” she said, “and he would point them in another direction.”

Robert Gregg Koester was born on October 30, 1932 in Wichita, Kan. His father Edward was a petroleum geologist and his mother Mary (Frank) Koester was a housewife.

He grew up in Wichita. A 78-rpm record by the Original Dixieland Jazz Band in his grandfather’s collection fascinated him when he was young, he said in an oral story recorded by the National Association of Music Merchants in 2017. But, he told Richard Marcus in an interview for blogcritics.com in 2008, further musical exploration is not easy.

“I never liked country music, and when I grew up in Wichita, Kansas, there wasn’t much else,” he said. “The names of these old blues guys – Speckled Red, Pinetop Perkins – had a mystery that made them sound really appealing. Probably something to do with a suppressed Catholic upbringing. “

The college at Saint Louis University, where he enrolled to study cinematography, expanded his musical possibilities.

“My parents didn’t want me to go to school in a big city like New York or Chicago because they didn’t want music to distract me from my studies,” he said. “Unfortunately there were black jazz clubs all over the university.”

He also joined the St. Louis Jazz Club, a jazz recognition group. And he started collecting records, especially traditional jazz 78s, from his dormitory and swapping them. The rapidly growing record business ousted his studies.

“I was with for three years Saint Louie U, ”he said in the oral tradition. “They told me not to come back for a fourth year.”

His dormitory business turned into a business selling both new and used records.

“I would regularly walk all the thrift stores, Father Dempsey’s charities, go to places like this, and buy used records,” he told The St. Louis Post-Dispatch in 1993 for an article marking the 40th anniversary of its record label. “And I would order records in the mail. Then I would sell records at the jazz club meetings. That was the beginning of my retail business. “

He had also started recording musicians. He originally named his label Delmar after a boulevard in St. Louis, but when he moved to Chicago in the late 1950s he added the K.

In 1959 he bought a Chicago record store from a trumpeter named Seymour Schwartz and soon turned it into the Jazz Record Mart. His label not only recorded the player of the day, but also reissued older recordings.

“He loved obscure record labels from the 30s and 40s and bought several of them,” said Mandel. “He’s re-edited a lot of stuff from pretty obscure artists who recorded independently. He saved her best work. “

Mr. Koester was white; Most of the artists he dealt with were black.

“He was totally into black music,” said Mr. Mandel. “Not just black music, but he definitely blamed black music in a way that other labels didn’t.”

That made Mr. Koester special in Chicago when he explored the city’s sampling talent.

“When a white man showed up in a black bar, it was assumed he was either a cop, a bill collector, or looking for sex,” Koester told blogcritic.com. “When they found out you were there to listen to music and for no other reason you were a friend. The worst times I’ve had were from white cops trying to kick me out of the bars. You probably thought I was there to trade drugs or something. “

It was the atmosphere of these nightclubs that he tried to capture in his recording studio.

“I don’t believe in the production,” he said. “I’m not going to bring in some stuff that you can’t hear from a guy when he’s on stage.”

In addition to his wife, whom he met while working across the street from his shop and whom he married in 1967, Mr. Koester survives a son, Robert Jr .; a daughter, Kate Koester; and two grandchildren.

Ms. Koester said her son will continue to run Bob’s Blues and Jazz Mart. Mr Koester sold Delmark in 2018.

Mr Koester’s record company played an important role in documenting two genres of music, but his wife said that not only did he play a little piano, but he was also untrained himself.

“He would say his music was listening,” she said.

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Disneyland to reopen on April 30, Disney CEO Bob Chapek says

The two Disney theme parks in California will reopen on April 30th, CEO Bob Chapek said on CNBC’s Squawk Alley on Wednesday.

“We saw the excitement, the need for people to return to our parks around the world,” Chapek told CNBC’s Julia Boorstin. “We’ve been with Walt Disney World for about nine months and there’s certainly no shortage of demand.”

“I think when people get vaccinated they get a bit more confident in the fact that they can travel and, you know, stay Covid-free,” he added. “Consumers trust Disney to do the right thing, and we’ve proven for sure that we can [open] responsible whether it is temperature controls, masks, social distancing, [or] improved hygiene in the parks. “

Disney’s Grand Californian Hotel and Spa will reopen in front of the parks on April 29 with limited capacity. The Vacation Club Villa at the Grand Californian will reopen May 2nd, and Disney’s Paradise Pier Hotel and Disneyland Hotel will reopen at a later date.

All California theme parks were closed last year due to Covid restrictions. While guidelines in other states like Florida have allowed parks to reopen with limited capacity, California rules have closed theme parks large and small.

However, new state guidelines allow amusement parks to reopen from April 1, with a capacity of 15% to 35%, depending on the spread of the virus in the community. Masks and other health precautions are required. Chapek said the two parks will initially operate at around 15% capacity.

Disneyland Resort visitors take photos in front of Disney California Adventure Park in Anaheim, California on Thursday, October 22, 2020.

Jeff Gritchen | MediaNews Group | Getty Images

According to a CNBC analysis of data compiled by Johns Hopkins University, California reports nearly 2,900 new Covid-19 cases per day based on a weekly average, a decrease of nearly 32% from a week ago. The number of new Covid cases has decreased as more and more people have been vaccinated. With an increase in supply and access, an average of 2.4 million people in the US are being vaccinated daily

Orange County, where Disneyland and California Adventure are located, has four new cases per 100,000 people every day. At its peak in mid-January, there were 118 new cases per 100,000 people in the county each day.

The shutdown last year resulted in Disney laying off tens of thousands of workers and limiting an important source of income for the media company. The Parks, Experiences, and Consumer Staples segment accounted for 37% of the company’s total revenue of $ 69.6 billion, or approximately $ 26.2 billion, in 2019.

A year later, revenue shrank to $ 16.5 billion, or roughly 25% of the company’s total revenue of $ 65.4 billion.

Christine McCarthy, the company’s chief financial officer, said the company made “an incremental net positive contribution” to the parks opened during the pandemic from guests who visited the company despite reduced capacity. This means that the revenues exceeded the variable costs associated with the opening, she explained.

As the parks expand their capacity and reopen, there will be some level of social distancing and masking for the rest of the year.

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Bob Dylan Sells His Complete Songwriting Catalog to Common Music

Bob Dylan’s memoir, Chronicles: Volume One, opened in 1962 with the signing of his first music publishing deal – an agreement on the copyrights of the aspiring songwriter’s work. The terms of this agreement, brokered by Lou Levy of Leeds Music Publishing, were approved by the young Dylan.

“Lou paid me a hundred dollars in future royalties to sign the paper,” he wrote, “and that was fine with me.”

Fifty-eight years, more than 600 songs, and a Nobel Prize later, the cultural and economic value of Dylan’s songwriting corpus has grown exponentially.

On Monday Universal Music Publishing Group announced that it had signed a landmark deal to purchase Dylan’s entire songwriting catalog – including world-changing classics like “Blowin ‘in the Wind,” “The Times They Are A-Changin” and “Like.” “a Rolling Stone” – in what is perhaps the largest takeover of the music publishing rights by a single songwriter.

The deal, which spanned Dylan’s entire career from his earliest songs to his latest album, “Rough and Rowdy Ways,” was made directly with Dylan, 79, who has long controlled the vast majority of his own songwriting copyrights.

The price has not been disclosed, but is estimated at more than $ 300 million.

“It’s no secret that the art of songwriting is the fundamental key to all great music, and it’s no secret that Bob is one of the greatest practitioners of the art,” said Lucian Grainge, executive director of Universal Music Group in one Opinion.

The deal is the newest and most recognizable in this year’s music catalog market as artists young and old have sold their songs while publishers and investors have raised billions of dollars from public and private sources to encourage writers to say goodbye to their creations .

Last week, Stevie Nicks sold a controlling interest in their songwriting catalog for an estimated $ 80 million to Primary Wave Music, an independent publisher and marketing company. Hipgnosis Songs Fund, a UK company that quickly gained a foothold in just two and a half years, recently announced that it spent approximately $ 670 million from March to September seeking rights to more than 44,000 Blondie songs , Rick James, to acquire. Barry Manilow, Chrissie Hynde of the Pretenders and others.

However, Dylan’s catalog is a special gem, revered in ways that perhaps no other popular musician has achieved. His song book has changed folk, rock and pop, and he has an almost mythical status as a contemporary bard. He received the Nobel Prize for Literature in 2016 “because he created new poetic forms of expression within the great American singing tradition”.

To a degree that still amazes and shocked his audience, Dylan has long been aggressive about marketing his music, including pursuing licensing agreements to get his songs on television advertisements.

In 1994, Dylan had the accounting firm Coopers & Lybrand – predecessor of the current giant PricewaterhouseCoopers – use Richie Havens ‘rendition of his 1964 protest hymn “The Times They Are A-Changin'” in a television commercial. Fans, media commentators, and even other artists reacted in horror; Time magazine headlined the controversy, “Just in case you haven’t heard, the 60s are over.”

The Coopers & Lybrand spot was a long way from Dylan’s last commercial license: he made a prominent deal for a Victoria’s Secret TV spot in 2004 and later worked with Apple, Cadillac, Pepsi, and IBM. Two years ago he started a high-end whiskey brand, Heaven’s Door.

With Universal now in control of his work, Dylan will no longer have a veto over how his songs are used. After the deal was announced early Monday, users on Twitter had a field day of hackneyed puns hinting at how Dylan’s work could be used. “Pay Lady Pay,” quipped one user. “Involved in Blue Cross / Blue Shield,” wrote another.

Even so, Universal insisted that using Dylan’s work it would be tasteful.

Jody Gerson, general manager of Universal’s publishing division, said, “It is both a privilege and a responsibility to represent the work of one of the greatest songwriters of all time – whose cultural significance cannot be overstated.”

Dylan is the kind of writer whose music publishers tend to calm down. Not only has it proven itself, but most of its songs were written by Dylan alone and frequently covered by other artists – each use generating royalties. According to Universal, Dylan’s songs have been recorded more than 6,000 times.

Music publishing is the side of the business that deals with songwriting and composition copyrights – the lyrics and melodies of songs in their most basic form – that are different from what is required for a recording. Publishers and authors collect royalties and royalties when their work is sold, streamed, broadcast on the radio, or used in a film or commercial. (The recent sale of Taylor Swift’s first six albums only covered recording rights for that material. Swift signed a separate release agreement with Universal in February.)

Streaming has helped boost the entire music market – US publishers raised $ 3.7 billion in 2019, according to the National Music Publishers’ Association – which attracted new investors from the steady and growing revenue from music rights get dressed by.

Dylan’s deal includes 100 percent of his rights to all songs in his catalog, including the income he receives as a songwriter and his control over the copyright of each song. In return for paying Dylan, Universal, a division of the French media conglomerate Vivendi, will collect all future revenue from the songs.

Dylan had no comment on the deal.

Music publishing has been a little-known cornerstone of Dylan’s career. The songs he recorded with the band in 1967, for example, which were widely available at the time and were later collected in Dylan’s 1975 album The Basement Tapes, were intended as demos to be passed on to other recording artists.

Much of Dylan’s business empire is run by the Bob Dylan Music Company, a small New York office that manages its publishing rights in the United States. (Elsewhere in the world, his catalog was managed by Sony / ATV, which will remain so until his contract expires in a few years.)

The deal includes more than 600 songs spread across a number of publishers that Dylan had over the years. With the exception of his original Leeds Music deal, which included seven songs, including “Song for Woody” and “Talkin ‘New York,” Dylan eventually took full control of all of his copyrights from these catalogs. Leeds was sold to MCA in 1964, which became Universal.

The Universal deal also includes Dylan’s interest in a number of songs he wrote with fellow songwriters. Of the more than 600 tracks included in the deal, there is only one that Dylan is not a writer on but still owns the copyright: Robbie Robertson’s “The Weight” as recorded by the band.

However, the agreement does not include any of Dylan’s unreleased songs. It also doesn’t cover work that Dylan will write in the future, leaving open the possibility that he might choose to work with another publisher on that material.