It is open to the idea. Warner’s successful IPO -- following a COVID-19-led market downturn -- and current $18.1 billion enterprise is evidence investors view streaming services like Spotify as gold mines. (Access Industries acquired Warner in 2011 at a $3.3 billion valuation.) Tencent’s investment of a 10% stake in March valued Universal at $33 billion. Could Universal do better? “We are welcoming the good results on the Warner Music IPO,” de Puyfontaine said. He reiterated Universal’s plan for an IPO “no later than early 2023” but added it “could consider an earlier IPO” depending on unnamed “different factors.” … [Read more...] about Universal Music’s Midyear Earnings Were Just OK on Paper, But Pretty Good for During the Pandemic
3 possibilities of models of the universe
— Ramesh Bala (@rameshlaus) July 29, 2020 While the Indian audience isn’t exactly too familiar with what PVoD really means, we all have been exposed to it in the form of pay-per-view films on our DTH platforms. Sarkar says he would look forward to this kind of model back home, “I am looking forward if the opportunity crops up in India. We don’t have a specific pay per view, it’s niche. The only concept we know is our DTH providers, where we pay say Rs 100 to watch a film. It’s very much possible. We will all be keen to see a situation open up in India. There will be resistance from the cinema chain’s perspective.” … [Read more...] about What if Bollywood goes the Hollywood way — movies available at home just 17 days after theatrical release?
Elley agrees YouTube needs to acknowledge the role less extreme content plays in directing people to more extreme ideas. "They need to find a way to change the way the algorithm works, but also to take more seriously the idea that even stuff that is not out-and-out racist or explicitly dangerous can be part of a process. I don't know what the answer to that is going to look like, but it does seem like they need to do more work on it." … [Read more...] about How YouTube spreads extremist ideas that inspire events like the Christchurch mosque shootings
Up to 5,000 job cuts at Upper Crust owner SSP GroupUp to 700 jobs at HarrodsAbout 600 workers at shirtmaker TM Lewin1,900 jobs at Café Rouge-owner Casual Dining Group1,000 jobs at Pret A Manger1,700 UK jobs at plane-maker Airbus1,300 crew and 727 pilots at EasyJet550 jobs are going at Daily Mirror publisher ReachMr Long spoke out about the "limited support" DW Sports had. … [Read more...] about DW Sports chain collapse threatens 1,700 jobs
On Friday, July 17, Governor Gavin Newsom ordered all school campuses to remain physically closed in counties on the state's monitoring list due to spiking COVID-19 cases. The order includes Los Angeles County public and private schools. Schools cannot physically re-open until their county has come off the state's monitoring list for 14 consecutive days. This order means that all San Marino Unified schools, including before and after-school activities, all athletic and extracurricular practices and competitions, and all weekend events will be physically closed until LA County has met that requirement. … [Read more...] about SMUSD: 2020-2021 School Reopening