The Chainsmokers are a DJ duo comprised of Alex Pall and Andrew “Drew” Taggart. They are based in New York, having met through a mutual friend in 2012 and easing into an effortless chemistry immediately. Pall was looking for a new partner for his DJ duo and Adam Alpert, the current band manager who introduced the two, thought they’d be a good fit. When they were both quit their day jobs and Taggart moved from Maine to New York so the Chainsmokers could practice full time to work out their chemistry and sound.
They practiced and perfected their sound for over a year, playing their first live show in September of 2014. they opened for Timeflies at Terminal 5 in New York. Soon after they release a pair of EPs, first “Bouquet” and then “Collage”, before their first full-length album “Memories…Do Not Open” came out in 2017.
“Memories…Do Not Open” has had an unusually long run in popular music circles, still being a perennial top 5 charter on the Billboard Dance/Electronic charts. It is tied for third place for the most non-consecutive weeks at #1 with “Demon Days” by the Gorlillaz. This position may soon be Pall and Taggart’s alone as “Memories” shows no signs of slowing down anytime soon.
The Chainsmokers released another EP after “Memories…Do Not Open” entitled “Sick Boy.” They also have an unnamed full-length album in the works to be released later in 2018 or early 2019. In between longer releases the duo of Pall and Taggart put out many singles, most of them for free on their website.
They enjoy releasing singles with no connection to other works on an album. This way they can let some songs stand on their own while saving similar themed tracks for EP or album releases. Their singles stretch the bounds of dance/electronic music as they enjoy experimenting with other genres on these stand-alone songs. They also collaborate with other DJs such as DJ Tiesto and different musicians, like singer Halsey. They like working with other musicians as it helps expose them to new recording methods.
Recently, Alex Pall acquired a house with several architectural designs. The features were attractive to him. He is a popular DJ .and has gained a lot of wealth and fame from that. Over the years, he has won prestigious awards for his work. The home is located in the Hollywood Hills. According to some documents, the house was built in the 1930s. It has bungalow features such as slate features and stone fireplaces. It also has an open layout, and there is a tree which is clearly visible as you enter the home. The house covers a 3,600-square-foot area. Previous renovations were done in the 1980s and 1990s. To give it a modern look, he hired professional decorators. The decorations were done by a renowned interior designer based in New York called Peti Lau. She has completed many such projects in Thailand and San Francisco. She refers to her style as AristoFreak. Her work impressed many people.
Chainsmokers are the artists behind the hit song titled Closer. Their fans were eagerly waiting for its release. The song also features Halsey. The track is unique in that Andrew Taggart, one of the artists making the Chain Smokers band, is the one singing. In most cases, the duo relies on other artists to write and sing while they focus on electronic soundscapes. The band is known for electric dance music performances. Unlike what many people think, Alex Pall reveals that they have thoughts and feelings and not just good at working behind a DJ booth. The artist has been passionate about DJing since his tender age. Earlier in his music career, he was a DJ in various events in New York. During his work, he realized that dance music had become part of him and needed to focus on it for the rest of his life.
Alex Pall was introduced to Andrew Taggart by his manager. The duo did not waste time when they met. They immediately started working on their projects. Mr. Taggart was living in Maine at the time. Alex Pall had to quit his job. According to him, they were both aware of what was expected of them to make their band successful.
As the economy continues to remain unstable, companies across the board are beginning to slash stock options from executive compensation benefits packages. Some claim they are doing this to save money. However the primary reasons that have convinced corporate executives to reduce and eliminate these options are three fold:
- When the stock value falls significantly, employees will not have the time or ability to sell their options. However, company accountants still have to report all related expenses, while opening up shareholders to the risk of option overhang.
- Employees have become uncomfortable with this type of employee compensation, which is made to reward staff for their efforts made at performing their duties. Employees nowdays are aware how much the economy dictates the stock market which can in turn influence options to lose their value. Employees see these benefits similar to casino tokens as opposed to real cash.
- Stock options are an increased burden on accountants. When you trade in derivatives, the costs may negate any possible gains. Employees would rather have pay raises instead of options. If employers cut options from the benefits packages, they could afford them to give wage increases.
Personal gains are increased only when the value of the company’s shares are increased. As employees understand that their options depends on the company’s success, they will work harder at making the company more successful. Employees will draw in new clients as well as ensure current clients are satisfied. Some employers have contemplated offering stock equities instead of options. Corporations are hesitant because of the strict IRS regulations. There are possible solutions to this complex problem of stock options. Learn more: https://www.americanconference.com/executive-compensation-836l17-nyc/speakers/jeremy-goldstein/
Corporate lawyer Jeremy Goldstein believes that “knockout” options are the best options. They are similar to regular options, but when the value drops under a certain amount, employees lose the option. This kind of option eases the stress on accountants. With this kind of option, accountants only spend a little time making calculations.
Jeremy Goldstein is a New York based lawyer with more than 15 years of experience. He specializes in executive compensation and corporate governance. He founded his own boutique law firm Jeremy L. Goldstein & Associates. Jeremy Goldstein has been influential in many of the country’s top corporate transactions involving companies such as AT&T, United Technologies, Chevron and Goldman Sachs. Jeremy Goldstein serves on the board of several charitable organizations including the Fountain House, which helps people recover from mental illness.