New Aladdin Owner: Ronstadt, Moore Welcome

[59millionmorons]

New Aladdin Owner: Ronstadt, Moore Welcome

Fox News Channel is reporting that the Aladdin resort in Las Vegas is being sold to the owners of Planet Hollywood ...
The new boss says, Ronstadt is welcome to come back to the Aladdin and Michael Moore is, too. In fact, he's going to have a free showing of Fahrenheit 9/11 and all of Las Vegas is invited.

Well, it's good to know that someone is willing to step up and take some corrective action, especially when doing so brings the wrath of all media down on your head.

[Ruby Romaine]

1. Is it news if it's on Fox? Can one believe what they say?

this is so their base will contact the Aladdin & scream about Liburuls!
sorry I don't buy it.

[farmbo]

2. Old, Mobed-up owner used Ronstadt affair for his final swan song...

...and good riddance to bad rubbish!!!

[cosmicdot]

3. I thought Planet Hollywood was the current owner

Planet Parallel Universe

this press release is dated June 20, 2003





http://www.planethollywood.com/Casino-PR.htm





Thursday, 22 July, 2004, 08:04 GMT 09:04 UK

Ronstadt casino ban may be lifted


Ronstadt said she would continue to support Moore

Singer Linda Ronstadt, banned from a Las Vegas casino for supporting the anti-George Bush film Fahrenheit 911, may be allowed back to the venue.

Robert Earl, one of the men buying the Aladdin casino where the incident happened, said he was "very sorry" to hear Ronstadt had been banned.

"We respect artists' creativity and support their rights to express themselves," he said.

http://news.bbc.co.uk/2/hi/entertainment/3915875.stm


Planet Hollywood International Board of Directors
It's so .... so, Planet Hollywood.

8669 Commodity Circle * Orlando, Florida 32819
from Stockholder Meeting Proxy dated May 25, 2001

From January 1989 until August 1991, Mr. Rogers
served as Deputy Assistant to the President
of the United States and Executive Assistant
to the White House Chief of Staff.


Thomas Avallone, 41
Mr. Avallone has been involved in the
entertainment theme restaurant industry for
over 17 years. From 1994 to May 2000, he
served as the Company's Chief Financial
Officer, Executive Vice President and a
director. Consequently, Mr. Avallone served
as a director and executive officer
throughout the Company's bankruptcy
proceedings described elsewhere herein. From
July 1987 until joining us in 1994, Mr.
Avallone served as Chief Financial Officer
of Hard Rock Cafe and Rank Leisure USA.
Prior to serving in those positions, Mr.
Avallone, a certified public accountant, was
a Senior Manager at Laventhol and Horwath
CPAs, a public accounting firm, specializing
in that firm's leisure industry practice.
Mr. Avallone is a member of the American
Institute of Certified Public Accountants
and the New York State Society of Certified
Public Accountants. In addition to his
duties as a director, Mr. Avallone currently
serves as a consultant to the Company.

Robert Earl, 48 Chairman and Chief Executive Officer

Mr. Earl has over 25 years experience in the
restaurant industry. In 1977, Mr. Earl
founded President Entertainment, a company
that developed theme restaurants. Under Mr.
Earl's leadership, over the next ten years,
President Entertainment grew to a $120
million enterprise. In 1987, Mr. Earl sold
President Entertainment to Pleasurama p.l.c.
("Pleasurama") and joined the Pleasurama
management team, where he assumed
responsibility for the management of another
theme restaurant, Hard Rock Cafe p.l.c.
("Hard Rock Cafe"). During his five years in
charge of Hard Rock Cafe, Mr. Earl pioneered
its expansion from seven to twenty-two units
while substantially increasing its
profitability. In 1993, Mr. Earl resigned
from Hard Rock Cafe to concentrate full time
on running the Company. He has been Chief
Executive Officer of the Company since its
inception and a director of the Company
since its organization. Consequently, Mr.
Earl served as a director and executive
officer throughout the Company's bankruptcy
proceedings described elsewhere herein. In
November 1998, Mr. Earl was elected Chairman
of the Board. Pursuant to Mr. Earl's
employment agreement, he is to serve as
Chief Executive Officer of the Company and
each of its significant subsidiaries, and
the Company has agreed to nominate Mr. Earl
for election to the Board of Directors at
each annual meeting of stockholders during
his employment. In the event Mr. Earl is not
elected or retained as Chief Executive
Officer and a director, he has the right to
terminate his employment agreement with us
for cause. See "EXECUTIVE COMPENSATION - -
Employment Contracts and Termination of
Employment and Change-in-Control
Arrangements."


Christopher Thomas, 52
Mr. Thomas, who has more than 15 years of
chain restaurant experience, joined the
Company as President and Chief Financial
Officer in May 2000. Mr. Thomas was named to
the Company's board of directors in August
2000. Prior to joining the Company, Mr.
Thomas was Executive Vice President of
Sizzler International, Inc. and President
and Chief Executive Officer of its domestic
operations, Sizzler USA, Inc. In 1994,
Sizzler International and certain of its
subsidiaries filed for bankruptcy protection
under Chapter 11 of the federal bankruptcy
code. Sizzler's plans of reorganization were
confirmed by the Bankruptcy Court and became
effective in September 1997. Mr. Thomas
served as Sizzler International's Executive
Vice President and Chief Financial Officer
from 1984 until he took over leadership of
Sizzler USA in 1997 where he was
instrumental in the company's turnaround.
Before joining Sizzler, Mr. Thomas, who is a
Certified Public Accountant, worked for
seven years at the public accounting firm of
Arthur Andersen & Co. Pursuant to Mr.
Thomas' employment agreement with the
Company, he shall be employed by the Company
as its President and Chief Financial Officer
for an initial term of three years. See
"EXECUTIVE COMPENSATION - - Employment
Contracts and Termination of Employment and
Change-in-Control Arrangements."


Claudio Gonzalez, 65
Mr. Gonzalez has been a director of the
Company since June 1996. Consequently, he
served as a director throughout the
Company's bankruptcy proceedings described
elsewhere herein. Mr. Gonzalez is the
Chairman of the Board, and a principal
stockholder, of ECE, S.A. de C.V., a
publicly-traded Mexican company in which the
Company is a 20% stockholder. He has been
the Chairman and Chief Executive Officer of
Kimberly Clark de Mexico since 1973. Mr.
Gonzalez is also currently a member of the
Board of Directors of Kimberly Clark
Corporation, Kellogg Company, General
Electric Company, Banco Nacional de Mexico,
Grupo Televisa, Grupo Carso, Grupo
Industrial Alfa, America Movil, Grupo
Modelo, Unilever, NV & Plc and of J.P.
Morgan International Advisory Board.

Steven Grapstein, 42
In connection with the Company's
reorganization, Mr. Grapstein became a
director effective May 9, 2000. See "STOCK
OWNERSHIP - Change in Control." Since
September 1985, Mr. Grapstein has served as
Chief Executive Officer of Kuo Investment
Company where he is responsible for all
aspects of its North American operations,
including investment management, asset
acquisition and disposition. Since December
1997, he has also served as Chief Executive
Officer of Presidio International DBA A/X
Armani Exchange, a fashion retail company.
Since 1985 Mr. Grapstein has served as a
director of Tesoro Petroleum, a publicly
held oil and gas corporation, where he
presently serves as Vice Chairman and sits
on the Audit, Executive and Governance
committees.

Mustafa Al Hejailan, 49
In connection with the Company's
reorganization, Mr. Al-Hejailan became a
director effective May 9, 2000. See "STOCK
OWNERSHIP - Change in Control." Since 1998,
Mr. Al-Hejailan has served as Executive
Director, International Investments of
Kingdom Holding Company, an affiliate of
Kingdom Planet Hollywood, Ltd., a
substantial stockholder of the Company.

Philip Wong, 44
Mr. Wong was elected to the Company's Board
of Directors in August 2000. Mr. Wong has
extensive experience in business investment.
He is an executive director of Star East
Holdings Limited and ITC Corporation
Limited, companies whose shares are listed
on The Stock Exchange of Hong Kong Limited
("Hong Kong Stock Exchange"), an executive director
of STAREASTnet.com, a company whose shares
are listed on the Growth Enterprise Market
of the Hong Kong Stock Exchange, and a
non-executive director of Tung Fong Hung.
Magnetic Light Profits Limited, a
substantial stockholder of the Company, is a
wholly-owned subsidiary of Star East
Holdings Limited. Mr. Wong is a qualified
engineer and a member of the Institute of
Engineers (U.K.) and the Hong Kong Institute
of Engineers.

Ed Rogers, 41
In connection with the Company's
reorganization, Mr. Rogers became a director
effective May 9, 2000. He was appointed as a
nominee of the holders of at least a
majority in principal amount of the
Company's outstanding Secured Deferrable
Interest Notes. See "STOCK OWNERSHIP -
Change in Control." Mr. Rogers is a founding
partner and vice chairman of the Washington
D.C. Government Relations firm of Barbour
Griffith & Rogers, Inc. Mr. Rogers also
serves as vice chairman of International
Equity Partners, L.P., a Washington D.C.
based private equity asset management
company and vice chairman of the Alternative
Investment Corporation, an offshore issuer
of securities that are sold primarily to
institutional investors in the U.S.

From January 1989 until August 1991, Mr. Rogers
served as Deputy Assistant to the President
of the United States and Executive Assistant
to the White House Chief of Staff.

Douglas P. Teitelbaum, 34
In connection with the Company's
reorganization, Mr. Teitelbaum became a
director effective May 9, 2000. He was
appointed as a nominee of the holders of at
least a majority in principal amount of the
Company's outstanding Secured Deferrable
Interest Notes. See "STOCK OWNERSHIP -
Change in Control." Since 1996, Mr.
Teitelbaum has been a managing principal of
Bay Harbour Management, L.C., an investment
management firm and a substantial
stockholder of the Company. From 1994
through 1996, Mr. Teitelbaum was a managing
director in the High Yield and Distressed
Securities Group at Bear, Stearns, Inc.
Prior to that time, Mr. Teitelbaum was a
partner at Dabney/Resnick, Inc., an
investment banking firm. He also serves on
the boards of directors of Barneys New York,
Inc., EZServe/Swifty-Mart Convenience
Stores, Inc. and EBC Holdings, Inc.

http://www.sec.gov/Archives/edgar/data/1008597/000101684301500013/def14a_52892.txt

Beneficial Owners of Stock

Claudio Gonzalez
Class B 233,334 2.3%

Other stockholders owning more than 5% of Common Stock

Bay Harbour Management L.C.
Class A 1,509,016 14.8%

Holst Trust
Class B 2,333,341 23.3%

Leisure Ventures Pte, Ltd.
Class B 1,166,671 11.7%

Kingdom Planet Hollywood, Ltd.
Class B 2,333,341 23.3%

Magnetic Light Profits Limited Class A 998,300
Class B 933,336 19.3%

[BlueEyedSon]

4. Could that be a typo?

http://www.lasvegassun.com/sunbin/stories/gaming/2004/jun/22/517058836.html

Gaming briefs for June 22, 2004

Earnings climb at bankrupt property

Bankrupt Aladdin Gaming LLC, operator of the Aladdin hotel-casino, reported net earnings of $6.9 million in May, the company said in a report to U.S. Bankruptcy Court in Las Vegas.

That compares with earnings of $5.2 million in April and a loss of $6 million in May 2003.

The company reported revenue of $25.1 million, expenses of $17.7 million and bankruptcy expenses of $530,762. That compares with revenue of $24.2 million, expenses of $29.3 million and bankruptcy expenses of $846,814 in the same month a year ago.

The company also reported cash flow was $7.7 million compared with $6.3 million a year ago, the average daily room rate was $123, up $11 from last year, and the occupancy rate was 98.3 percent, up 1 point from last year.

The Aladdin is being bought out of bankruptcy by a group headed by Planet Hollywood International Inc. Chairman and Chief Executive Robert Earl.

[cosmicdot]

7. maybe not a typo ... maybe it's taken this long to happen

bankruptcy issues may have slowed the acquisition down
:shrug:

[BlueEyedSon]

5. Looks like it's true (with link)

"Upon the assumption of ownership, and with a new management team in place, we would like to offer the use of the Theatre of Performing Arts to Linda Ronstadt for a second concert and further to take Michael Moore up on his offer to join her on stage to introduce her and sing a song," said Planet Hollywood CEO Robert Earl, who is awaiting approval by the Nevada Gaming Commission to become Aladdin's new owner.

"We respect artists' creativity and support their rights to express themselves," said Earl. "We were very sorry to hear about the unfortunate circumstances of this past Saturday night and want to make it clear that Planet Hollywood has never, in our 13-year history, restricted any artists' right to free speech and we will continue with that policy once we take ownership."

http://worldnetdaily.com/news/article.asp?ARTICLE_ID=39582

[vetwife]

6. Don't you find it odd?

That all of those folks with great american values were in a Casino booing Ronstadt? I mean gambling? Women? Sex? in Sin city?
How come no one has brought that out ? What was the Bush Lord lovers doing there if they are so CHRISTIAN? LOL

[NightOwwl]

8. Maybe it was all staged

for all the free publicity regarding new ownership and to get the word out they are having a free F911 showing.