The document discusses the impact of COVID-19 on industries represented by the Music Innovation Consumers Coalition (MIC) and argues against modifying the ASCAP and BMI consent decrees. It notes that MIC members, including restaurants, bars, hotels, broadcasters, and movie theaters, have been devastated by the pandemic and rely on the consent decrees to reasonably license music performance rights. Removing the decrees' protections could disrupt the delicate balance and add uncertainty during an already difficult time for MIC industries.
This document provides comments from the Music Innovation Consumers (MIC) Coalition in response to the U.S. Department of Justice's request for comment on the future of the ASCAP and BMI consent decrees. The MIC Coalition represents millions of businesses that publicly perform music. The consent decrees provide important protections that ensure music can be licensed at fair prices and prevent anticompetitive behavior by ASCAP and BMI. The consent decrees have helped address anticompetitive coordination between ASCAP/BMI and music publishers. Terminating or weakening the consent decrees could encourage monopolistic pricing and harm small businesses. The MIC Coalition urges maintaining the current protections in the consent decrees.
The MIC Coalition, representing thousands of businesses that provide music, wrote to President Biden to express concerns about potential reviews of consent decrees with ASCAP and BMI. The decrees prevent anti-competitive pricing by the organizations, which control 90% of the music licensing market. Repeated reviews are unnecessary and could undermine the economic recovery of businesses struggling from the pandemic by exposing them to higher prices. The coalition asked that the decrees remain in place to best serve competition.
Driving Revenue-Generating Strategies Through Information and Insights - NAB...BIA/Kelsey
Tom Buono, CEO, joined a panel discussion at the 2014 NAB Show entitled: "Lunch and Learn: A Discussion on Radio’s Four Significant Issues" to share valuable advertising revenue trends and projections that will help you prepare for the future and make critical decisions.
Close the Loophole! The Deductibility of Foreign Internet Advertisingfriendscb
The thesis of this paper is that advertising purchased on foreign internet-delivered media that act as broadcast and newspaper services should not continue to be deemed a deductible expense under the Income Tax Act (ITA).
The MIC Coalition, representing over 2.5 million American businesses, wrote a letter to President Trump urging him to take no action that would modify, sunset, or terminate the consent decrees covering how music is licensed by the songwriter industry groups ASCAP and BMI. The letter notes that the consent decrees provide for efficient, fair licensing of music that is critical to businesses and the music marketplace. Ending or altering the consent decrees could significantly harm "Main Street" businesses and disrupt the music industry. The Coalition asks that the Administration preserve the ASCAP and BMI consent decrees in their current form.
The document discusses the history and evolution of the music industry from the launch of MTV in 1981 to recent developments in digital music and streaming. It notes that five major record labels previously dominated but that technology companies and consumers now have more power. The record industry has seen a 25% decline in album sales since 2000 due to piracy and digital shifts. New models are emerging like music streaming, but royalty rates remain an issue.
Transparency and equitable remuneration for rights holders in the digital mus...Dianne Bonney
The document discusses several issues facing the music industry as music consumption shifts from ownership to access through streaming services. It notes that streaming now represents 19% of global recorded music revenue but per-stream royalties are low compared to downloads or physical sales. The industry lacks transparency around licensing and royalty payments, with an estimated 20-50% of royalties not reaching rights holders. Recommendations include a standardized royalty reporting format, global rights database, and measures to address the value gap between ad-supported and paid streaming services.
This document discusses proposals to tax consumer electronics, mobile phones, broadband internet access, and advertising in order to generate funding to support struggling media organizations and journalism. Specifically, it outlines a 4-part tax plan proposed by Robert McChesney and John Nichols to raise $18-21 billion annually for media through taxes on consumer electronics (5%), monthly internet and cell phone bills (3%), advertising (2%), and broadcasters (7%). The document argues that such media taxes are inconsistent with American traditions of free markets and the First Amendment and could have negative unintended consequences.
This document provides comments from the Music Innovation Consumers (MIC) Coalition in response to the U.S. Department of Justice's request for comment on the future of the ASCAP and BMI consent decrees. The MIC Coalition represents millions of businesses that publicly perform music. The consent decrees provide important protections that ensure music can be licensed at fair prices and prevent anticompetitive behavior by ASCAP and BMI. The consent decrees have helped address anticompetitive coordination between ASCAP/BMI and music publishers. Terminating or weakening the consent decrees could encourage monopolistic pricing and harm small businesses. The MIC Coalition urges maintaining the current protections in the consent decrees.
The MIC Coalition, representing thousands of businesses that provide music, wrote to President Biden to express concerns about potential reviews of consent decrees with ASCAP and BMI. The decrees prevent anti-competitive pricing by the organizations, which control 90% of the music licensing market. Repeated reviews are unnecessary and could undermine the economic recovery of businesses struggling from the pandemic by exposing them to higher prices. The coalition asked that the decrees remain in place to best serve competition.
Driving Revenue-Generating Strategies Through Information and Insights - NAB...BIA/Kelsey
Tom Buono, CEO, joined a panel discussion at the 2014 NAB Show entitled: "Lunch and Learn: A Discussion on Radio’s Four Significant Issues" to share valuable advertising revenue trends and projections that will help you prepare for the future and make critical decisions.
Close the Loophole! The Deductibility of Foreign Internet Advertisingfriendscb
The thesis of this paper is that advertising purchased on foreign internet-delivered media that act as broadcast and newspaper services should not continue to be deemed a deductible expense under the Income Tax Act (ITA).
The MIC Coalition, representing over 2.5 million American businesses, wrote a letter to President Trump urging him to take no action that would modify, sunset, or terminate the consent decrees covering how music is licensed by the songwriter industry groups ASCAP and BMI. The letter notes that the consent decrees provide for efficient, fair licensing of music that is critical to businesses and the music marketplace. Ending or altering the consent decrees could significantly harm "Main Street" businesses and disrupt the music industry. The Coalition asks that the Administration preserve the ASCAP and BMI consent decrees in their current form.
The document discusses the history and evolution of the music industry from the launch of MTV in 1981 to recent developments in digital music and streaming. It notes that five major record labels previously dominated but that technology companies and consumers now have more power. The record industry has seen a 25% decline in album sales since 2000 due to piracy and digital shifts. New models are emerging like music streaming, but royalty rates remain an issue.
Transparency and equitable remuneration for rights holders in the digital mus...Dianne Bonney
The document discusses several issues facing the music industry as music consumption shifts from ownership to access through streaming services. It notes that streaming now represents 19% of global recorded music revenue but per-stream royalties are low compared to downloads or physical sales. The industry lacks transparency around licensing and royalty payments, with an estimated 20-50% of royalties not reaching rights holders. Recommendations include a standardized royalty reporting format, global rights database, and measures to address the value gap between ad-supported and paid streaming services.
This document discusses proposals to tax consumer electronics, mobile phones, broadband internet access, and advertising in order to generate funding to support struggling media organizations and journalism. Specifically, it outlines a 4-part tax plan proposed by Robert McChesney and John Nichols to raise $18-21 billion annually for media through taxes on consumer electronics (5%), monthly internet and cell phone bills (3%), advertising (2%), and broadcasters (7%). The document argues that such media taxes are inconsistent with American traditions of free markets and the First Amendment and could have negative unintended consequences.
The National Consumers League is calling on legislators to adopt pro-consumer legislation that could slow the rising cost of cable and satellite television bills. The FANS Act, sponsored by U.S. Senator Richard Blumenthal (D-CT), would condition professional sports leagues’ antitrust exemptions on agreements to reduce programming blackouts and increase opportunities for fans to access sports over the Internet.
The Federal Corrupt Practices Act (“FCPA”) prohibits a U.S. company or person from bribing foreign government officials to obtain a business advantage. Along with this seemingly simple restriction comes accounting and record keeping requirements with which companies must comply. The FCPA requires the implementation of a compliance program which addresses FCPA concerns and establishes an FCPA corporate policy. This webinar covers the basics of the FCPA, including an introduction to the regulators, both the SEC and DOJ, and recent communications to the public regarding the FCPA from these regulatory bodies. The standards for a compliance program review is analyzed, including what makes a program current and effective as well as how often the program requires review. The role of a compliance coordinator is discussed, as is record keeping, training, and retaliation. Finally, meals and entertainment, gifts, travel, charitable contributions, and hiring are all discussed with reference to recent government actions and legal decisions.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/foreign-corrupt-practices-act-2019/
The Ravenswood City School District approved a budget for the 2011-2012 fiscal year that aims to close a potential $3.2 million budget gap. The budget calls for closing a yet-to-be identified school, furloughing teachers, and increasing class sizes. District staff struggled to create the budget due to low funding levels, volatile state legislation, and the need to cut spending.
Mercredi 18 mars, le ministre britannique des Finances, George Osborne, présentait le budget pour l’exercice 2015-16. FTI Consulting revient sur les principales annonces du dernier budget du Gouvernement de David Cameron avant les élections. Analyse en anglais.
Political funding is a controversial issue because there are different types of funding sources for political parties, including membership dues, donations from wealthy individuals and corporations, and public funding. Regulations have been put in place to increase transparency around political donations due to concerns about influence over policy decisions. Labour Party membership has fallen to its lowest level in over 100 years, contributing to its large debts and precarious financial position.
Culture Policies - Broadcasting - Canada and Nafta - September 2018paul young cpa, cga
The document discusses issues related to government policy on broadcasting in Canada. It provides an analysis of CBC funding and performance, film tax credits, streaming services like Netflix, and challenges facing the digital media industry. The author is a financial consultant who specializes in risk management, public policy, and various business areas related to the media industry.
London School of Economics: Copyright & Creation A Case for Promoting Inclusi...Stéphane M. Grueso
London School of Economics: Copyright & Creation A Case for Promoting Inclusive Online Sharing
Bart Cammaerts
Robin Mansell
Bingchun Meng
The London School of Economics and Political Science
Department of Media and Communications
How Should COVID Experience be Used for Setting Future Mortality Webcast - 20...MarkSpong1
The excess deaths resulting from COVID have presented a challenge to actuaries who rely on historical experience to inform assumptions about the future. The issue is that 2020 and 2021 mortality is significantly higher than expected and there is hope that this spike is temporary. In short, everyone is wondering whether to use pandemic mortality experience at all and if so, how to overcome the practical challenges of implementation. This webcast will provide an overview of the range of approaches used by institutions (US, Canada, UK), industry groups, and industry survey responses. We’ll also quantify and compare some of these approaches drawing from a recent SOA expert opinion survey on COVID-19 and short term impacts on future US mortality.
The document summarizes information about the food and beverage industry in Canada and Ontario. It discusses family day in Ontario and its impact on small businesses. It also discusses the billion dollar food and beverage cluster in Ontario, with Toronto generating over $17 billion annually. Hamilton is described as a key player in the industry. Occupations and wages in the food service industry are also summarized.
The document summarizes information about the food and beverage industry in Canada and Ontario. It discusses family day in Ontario and its impact on small businesses. It also discusses the billion dollar food and beverage cluster in Ontario, with Toronto generating over $17 billion annually. Hamilton is described as a key player in the industry.
This document discusses the impact of the COVID-19 pandemic on small businesses. It notes that small businesses worldwide have faced abrupt changes in demand, supply chains, distribution, and consumer behavior due to the pandemic. Government policies have aimed to support small businesses through loans, subsidies, and digital assistance programs. The long-term impacts on small business market access and competition in a post-pandemic economy remain uncertain.
This document provides an overview of the advertising industry and how it is being impacted by the digital age. It notes that while the industry has declined in recent years due to the economic downturn, the longer term challenge is consumers shifting to digital platforms like websites and mobile devices. This has hurt traditional media companies that rely on advertising revenue. The online advertising market is growing but is compressed, with the top companies controlling a large share. Advertisers are experimenting with new digital strategies like behavioral advertising and social media marketing to engage consumers. Congress is considering regulations around these issues.
This document summarizes key points from a chapter about consumer behavior and social well-being. It discusses how ethical business practices are good for business, and how marketers have an obligation to provide safe products. It also explains how consumer behavior impacts major public policy issues and can sometimes be harmful to individuals and society. Specific examples of these impacts are given, such as data privacy, sustainability, addiction, and illegal or destructive consumer actions.
Mark Contreras, Senior Vice President of Newspapers at E.W. Scripps Co., discussed the challenges facing the newspaper industry and suggested initiatives to support quality journalism. He explained that classified advertising, which represented 40-60% of revenue, has declined due to online marketplaces. Additionally, while audiences have shifted online, digital revenues generate only $75 per user compared to $500 from print. This transition and the shrinking overall advertising market have put pressure on newspapers. Contreras proposed several initiatives including behaviorally targeted advertising, expanding the definition of relevant markets, supporting efforts to license newspaper content online, and creating uniform audience metrics.
Mark Contreras, Senior Vice President of Newspapers at E.W. Scripps Co., discussed the challenges facing the newspaper industry and suggested initiatives to support quality journalism. He explained that classified advertising, which comprised 40-60% of revenue, has declined due to online marketplaces. Additionally, while digital audiences are growing, online revenues generate only $75 per user compared to $500 from print. This transition has put pressure on newspapers' fixed costs. Contreras proposed several steps including behaviorally targeted advertising, expanding the definition of relevant markets to include digital competitors, protecting newspaper content licensing, and creating uniform audience metrics.
This document discusses how the external environment influences organizations. It identifies key elements of the broad environment including socio-cultural forces, global economic forces, global technological forces, and global political/legal forces. Technological changes in particular, like the internet and digital music files, have disrupted traditional industries like the music industry. Firms must monitor trends in their broad environment to identify opportunities and threats and develop strategies to respond effectively.
M&E Industry to Reach US$2.6 Trillion by 2025- Use Cases of Data Analytics in...SG Analytics
One positive development in what was generally a challenging year for the global entertainment and media sector was the rise in popularity of movie and television material streamed over the internet (also known as "over-the-top," or OTT).
According to a recent analysis from the global consulting firm PwC, the sector, which saw a decline in revenue due to the pandemic, is predicted to return quickly and rise by more than a quarter by 2025. https://us.sganalytics.com/blog/data-analytics-in-media
Kpmg report covid 19-the many shades of a crisis (m&e perspective)Social Samosa
The report highlights that media consumption overtime has tended to be income inelastic, however the current environment could result in a dip in media consumption in the near term; and also foresees key trends across Television, Print media, Films, OTT platforms during COVID along with the recovery time for the same
The COVID-19 pandemic has significantly impacted the Hollywood industry, forcing the cancellation and postponement of major film releases, events, and productions (paragraph 1). Thousands have died from the virus globally and it has triggered economic issues worldwide, including in Hollywood where many annual events have been affected (paragraph 2). The influence of the pandemic is widespread and felt in many ways, including the film industry where releases, tours, and events face cancellations and delays (paragraph 3). The industry supports millions of jobs and businesses globally and countries are taking measures to support their creative sectors during this difficult time (paragraphs 4-5).
Saint Lucia's COVID-19 Social Stabilization PlanOPM Saint Lucia
The Government of Saint Lucia's COVID-19 Social Stabilization Plan for the period April to June 2020. Presented by Prime Minister Hon. Allen M. Chastanet
John Barrymore Feb. 24, 2015
BA 3103 –XXX
T&R, 11:00 AM – 12:20 PM
Big Tobacco and the Advent of E-Cigarettes
Background
The U.S. tobacco industry is among the most heavily regulated and heavily taxed industries in the United States (The Economist, 2014). Medical evidence of the adverse effects of smoking continues to grow, and the share of American adults who smoke has declined markedly during the past fifty years, from 42% in 1965 to less than 18% in 2013 (CDC, 2013). But in spite of ever-increasing regulation and public wariness of the U.S. tobacco industry, tobacco companies continue to thrive. This oligopoly industry, dominated by big tobacco companies Altria, Reynolds American, and Lorillard, serves a shrinking but remarkably loyal customer base. Critics are quick to point out that, despite extensive regulation of the marketing practices in the industry, tobacco products remain highly lucrative, with sales of over $66 billion in 2014 (Hargreaves, 2014).
This beleaguered but very profitable industry must now deal with another, potentially very disruptive innovation in the form of e-cigarettes. This new product category, the modern version of which dates from 2007, generated U.S. sales of $2.5 billion in 2014 (Richtel, 2014). Although the e-cigarette sector is still relatively small, it clearly has the potential to disrupt tobacco sales in the coming years. E-cig use is generally perceived to be less unhealthful than cigarette smoking, and the e-cig habit is substantially less costly than consuming tobacco cigarettes (Richtel, 2014). Moreover, e-cigarettes are far less regulated than tobacco products, without many of the marketing constraints.
The early success of e-cigarettes has not gone unnoticed by the big tobacco companies. Lorillard was the first to enter this sector with the acquisition in 2012 of the Blu eCig brand (Esterl, 2012). Since then, Altria and Reynolds American have indicated their intention to introduce e-cig product lines (Richtel, 2014).
Problem Statement
Tobacco companies must address the advent of e-cigarettes in order to defend their tobacco business and to identify business opportunities in the growing e-cigarette product sector.
Alternative
Solution
s
In order to limit the impact of e-cigarettes on the sales of tobacco cigarettes, tobacco companies can lobby for additional regulation of this new product category. Increased regulation will help to “level the playing field” and reduce the advantages enjoyed by e-cigs as a consequence of their largely unrestricted marketing. Among the areas for increased regulation of e-cigarettes, the tobacco companies can lobby federal, state, and local governments to ban television and radio broadcasting of e-cig advertising, prohibit online sales of this product category, and proscribe e-cig use in public places. These changes will reduce some of the advantages of e-cigs over tobacco products, thereby presumably slowing the market acceptance.
Dr Dev Kambhampati | A Basic Guide to Exporting- Exporting ServicesDr Dev Kambhampati
This document provides an overview of exporting services from the United States. It discusses the large role of the services sector in the US economy, accounting for nearly 80% of private sector GDP. It then describes some of the fastest growing service exports, including travel/tourism, environmental services, telecommunications, education, and entertainment. The document notes key differences between exporting services versus products, such as the intangible nature of services. It provides information on resources for US service exporters, including assistance from the Department of Commerce and Commercial Service. Finally, it shares a case study of how Two Men and a Truck expanded internationally with help from the Commercial Service.
The National Consumers League is calling on legislators to adopt pro-consumer legislation that could slow the rising cost of cable and satellite television bills. The FANS Act, sponsored by U.S. Senator Richard Blumenthal (D-CT), would condition professional sports leagues’ antitrust exemptions on agreements to reduce programming blackouts and increase opportunities for fans to access sports over the Internet.
The Federal Corrupt Practices Act (“FCPA”) prohibits a U.S. company or person from bribing foreign government officials to obtain a business advantage. Along with this seemingly simple restriction comes accounting and record keeping requirements with which companies must comply. The FCPA requires the implementation of a compliance program which addresses FCPA concerns and establishes an FCPA corporate policy. This webinar covers the basics of the FCPA, including an introduction to the regulators, both the SEC and DOJ, and recent communications to the public regarding the FCPA from these regulatory bodies. The standards for a compliance program review is analyzed, including what makes a program current and effective as well as how often the program requires review. The role of a compliance coordinator is discussed, as is record keeping, training, and retaliation. Finally, meals and entertainment, gifts, travel, charitable contributions, and hiring are all discussed with reference to recent government actions and legal decisions.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/foreign-corrupt-practices-act-2019/
The Ravenswood City School District approved a budget for the 2011-2012 fiscal year that aims to close a potential $3.2 million budget gap. The budget calls for closing a yet-to-be identified school, furloughing teachers, and increasing class sizes. District staff struggled to create the budget due to low funding levels, volatile state legislation, and the need to cut spending.
Mercredi 18 mars, le ministre britannique des Finances, George Osborne, présentait le budget pour l’exercice 2015-16. FTI Consulting revient sur les principales annonces du dernier budget du Gouvernement de David Cameron avant les élections. Analyse en anglais.
Political funding is a controversial issue because there are different types of funding sources for political parties, including membership dues, donations from wealthy individuals and corporations, and public funding. Regulations have been put in place to increase transparency around political donations due to concerns about influence over policy decisions. Labour Party membership has fallen to its lowest level in over 100 years, contributing to its large debts and precarious financial position.
Culture Policies - Broadcasting - Canada and Nafta - September 2018paul young cpa, cga
The document discusses issues related to government policy on broadcasting in Canada. It provides an analysis of CBC funding and performance, film tax credits, streaming services like Netflix, and challenges facing the digital media industry. The author is a financial consultant who specializes in risk management, public policy, and various business areas related to the media industry.
London School of Economics: Copyright & Creation A Case for Promoting Inclusi...Stéphane M. Grueso
London School of Economics: Copyright & Creation A Case for Promoting Inclusive Online Sharing
Bart Cammaerts
Robin Mansell
Bingchun Meng
The London School of Economics and Political Science
Department of Media and Communications
How Should COVID Experience be Used for Setting Future Mortality Webcast - 20...MarkSpong1
The excess deaths resulting from COVID have presented a challenge to actuaries who rely on historical experience to inform assumptions about the future. The issue is that 2020 and 2021 mortality is significantly higher than expected and there is hope that this spike is temporary. In short, everyone is wondering whether to use pandemic mortality experience at all and if so, how to overcome the practical challenges of implementation. This webcast will provide an overview of the range of approaches used by institutions (US, Canada, UK), industry groups, and industry survey responses. We’ll also quantify and compare some of these approaches drawing from a recent SOA expert opinion survey on COVID-19 and short term impacts on future US mortality.
The document summarizes information about the food and beverage industry in Canada and Ontario. It discusses family day in Ontario and its impact on small businesses. It also discusses the billion dollar food and beverage cluster in Ontario, with Toronto generating over $17 billion annually. Hamilton is described as a key player in the industry. Occupations and wages in the food service industry are also summarized.
The document summarizes information about the food and beverage industry in Canada and Ontario. It discusses family day in Ontario and its impact on small businesses. It also discusses the billion dollar food and beverage cluster in Ontario, with Toronto generating over $17 billion annually. Hamilton is described as a key player in the industry.
This document discusses the impact of the COVID-19 pandemic on small businesses. It notes that small businesses worldwide have faced abrupt changes in demand, supply chains, distribution, and consumer behavior due to the pandemic. Government policies have aimed to support small businesses through loans, subsidies, and digital assistance programs. The long-term impacts on small business market access and competition in a post-pandemic economy remain uncertain.
This document provides an overview of the advertising industry and how it is being impacted by the digital age. It notes that while the industry has declined in recent years due to the economic downturn, the longer term challenge is consumers shifting to digital platforms like websites and mobile devices. This has hurt traditional media companies that rely on advertising revenue. The online advertising market is growing but is compressed, with the top companies controlling a large share. Advertisers are experimenting with new digital strategies like behavioral advertising and social media marketing to engage consumers. Congress is considering regulations around these issues.
This document summarizes key points from a chapter about consumer behavior and social well-being. It discusses how ethical business practices are good for business, and how marketers have an obligation to provide safe products. It also explains how consumer behavior impacts major public policy issues and can sometimes be harmful to individuals and society. Specific examples of these impacts are given, such as data privacy, sustainability, addiction, and illegal or destructive consumer actions.
Mark Contreras, Senior Vice President of Newspapers at E.W. Scripps Co., discussed the challenges facing the newspaper industry and suggested initiatives to support quality journalism. He explained that classified advertising, which represented 40-60% of revenue, has declined due to online marketplaces. Additionally, while audiences have shifted online, digital revenues generate only $75 per user compared to $500 from print. This transition and the shrinking overall advertising market have put pressure on newspapers. Contreras proposed several initiatives including behaviorally targeted advertising, expanding the definition of relevant markets, supporting efforts to license newspaper content online, and creating uniform audience metrics.
Mark Contreras, Senior Vice President of Newspapers at E.W. Scripps Co., discussed the challenges facing the newspaper industry and suggested initiatives to support quality journalism. He explained that classified advertising, which comprised 40-60% of revenue, has declined due to online marketplaces. Additionally, while digital audiences are growing, online revenues generate only $75 per user compared to $500 from print. This transition has put pressure on newspapers' fixed costs. Contreras proposed several steps including behaviorally targeted advertising, expanding the definition of relevant markets to include digital competitors, protecting newspaper content licensing, and creating uniform audience metrics.
This document discusses how the external environment influences organizations. It identifies key elements of the broad environment including socio-cultural forces, global economic forces, global technological forces, and global political/legal forces. Technological changes in particular, like the internet and digital music files, have disrupted traditional industries like the music industry. Firms must monitor trends in their broad environment to identify opportunities and threats and develop strategies to respond effectively.
M&E Industry to Reach US$2.6 Trillion by 2025- Use Cases of Data Analytics in...SG Analytics
One positive development in what was generally a challenging year for the global entertainment and media sector was the rise in popularity of movie and television material streamed over the internet (also known as "over-the-top," or OTT).
According to a recent analysis from the global consulting firm PwC, the sector, which saw a decline in revenue due to the pandemic, is predicted to return quickly and rise by more than a quarter by 2025. https://us.sganalytics.com/blog/data-analytics-in-media
Kpmg report covid 19-the many shades of a crisis (m&e perspective)Social Samosa
The report highlights that media consumption overtime has tended to be income inelastic, however the current environment could result in a dip in media consumption in the near term; and also foresees key trends across Television, Print media, Films, OTT platforms during COVID along with the recovery time for the same
The COVID-19 pandemic has significantly impacted the Hollywood industry, forcing the cancellation and postponement of major film releases, events, and productions (paragraph 1). Thousands have died from the virus globally and it has triggered economic issues worldwide, including in Hollywood where many annual events have been affected (paragraph 2). The influence of the pandemic is widespread and felt in many ways, including the film industry where releases, tours, and events face cancellations and delays (paragraph 3). The industry supports millions of jobs and businesses globally and countries are taking measures to support their creative sectors during this difficult time (paragraphs 4-5).
Saint Lucia's COVID-19 Social Stabilization PlanOPM Saint Lucia
The Government of Saint Lucia's COVID-19 Social Stabilization Plan for the period April to June 2020. Presented by Prime Minister Hon. Allen M. Chastanet
John Barrymore Feb. 24, 2015
BA 3103 –XXX
T&R, 11:00 AM – 12:20 PM
Big Tobacco and the Advent of E-Cigarettes
Background
The U.S. tobacco industry is among the most heavily regulated and heavily taxed industries in the United States (The Economist, 2014). Medical evidence of the adverse effects of smoking continues to grow, and the share of American adults who smoke has declined markedly during the past fifty years, from 42% in 1965 to less than 18% in 2013 (CDC, 2013). But in spite of ever-increasing regulation and public wariness of the U.S. tobacco industry, tobacco companies continue to thrive. This oligopoly industry, dominated by big tobacco companies Altria, Reynolds American, and Lorillard, serves a shrinking but remarkably loyal customer base. Critics are quick to point out that, despite extensive regulation of the marketing practices in the industry, tobacco products remain highly lucrative, with sales of over $66 billion in 2014 (Hargreaves, 2014).
This beleaguered but very profitable industry must now deal with another, potentially very disruptive innovation in the form of e-cigarettes. This new product category, the modern version of which dates from 2007, generated U.S. sales of $2.5 billion in 2014 (Richtel, 2014). Although the e-cigarette sector is still relatively small, it clearly has the potential to disrupt tobacco sales in the coming years. E-cig use is generally perceived to be less unhealthful than cigarette smoking, and the e-cig habit is substantially less costly than consuming tobacco cigarettes (Richtel, 2014). Moreover, e-cigarettes are far less regulated than tobacco products, without many of the marketing constraints.
The early success of e-cigarettes has not gone unnoticed by the big tobacco companies. Lorillard was the first to enter this sector with the acquisition in 2012 of the Blu eCig brand (Esterl, 2012). Since then, Altria and Reynolds American have indicated their intention to introduce e-cig product lines (Richtel, 2014).
Problem Statement
Tobacco companies must address the advent of e-cigarettes in order to defend their tobacco business and to identify business opportunities in the growing e-cigarette product sector.
Alternative
Solution
s
In order to limit the impact of e-cigarettes on the sales of tobacco cigarettes, tobacco companies can lobby for additional regulation of this new product category. Increased regulation will help to “level the playing field” and reduce the advantages enjoyed by e-cigs as a consequence of their largely unrestricted marketing. Among the areas for increased regulation of e-cigarettes, the tobacco companies can lobby federal, state, and local governments to ban television and radio broadcasting of e-cig advertising, prohibit online sales of this product category, and proscribe e-cig use in public places. These changes will reduce some of the advantages of e-cigs over tobacco products, thereby presumably slowing the market acceptance.
Dr Dev Kambhampati | A Basic Guide to Exporting- Exporting ServicesDr Dev Kambhampati
This document provides an overview of exporting services from the United States. It discusses the large role of the services sector in the US economy, accounting for nearly 80% of private sector GDP. It then describes some of the fastest growing service exports, including travel/tourism, environmental services, telecommunications, education, and entertainment. The document notes key differences between exporting services versus products, such as the intangible nature of services. It provides information on resources for US service exporters, including assistance from the Department of Commerce and Commercial Service. Finally, it shares a case study of how Two Men and a Truck expanded internationally with help from the Commercial Service.
Best practices in local program design for small business survival - Ellen Harpel
The document provides an overview of best practices for designing local small business assistance programs during the COVID-19 pandemic. It discusses the unprecedented economic impacts, with unemployment not seen since the Great Depression. This is the first recession caused by a contraction in the services sector. Local governments are expanding available resources and partnering with other entities to provide relief, such as low-interest loans and grants. Key considerations for program design include connecting assistance to an overall strategy, ensuring an effective process, and establishing good governance practices like performance reporting. Implementation issues include recovering program costs.
CORONAVIRUS (COVID-19) IMPACT ON VARIOUS INDUSTRIES & POTENTIAL PATHS OF RECO...Mirdul Amin Sarkar
Introduction: The COVID-19 pandemic is going to be the longest health crisis ever being suffered in the modern times. The pandemic has disrupted global supply chains and international trade. More than 100 countries are closing their national borders and the movement of people has come to a screeching halt. The pause in the movement of people is greatly affecting the world economy, as people are staying indoors and major industrial productions has come to a grounding halt. According to an analysis by the UN Department of Economic and Social affairs, the global economy could shrink by upto 1% in 2020 due to the coronavirus pandemic which is lower than the previous forecast of 2.5% growth. The UN also added that the global economy could contract even further if restrictions on economic activities are extended without any adequate fiscal responses.
The coronavirus pandemic is affecting the overall growth of global economy. Some industries are booming in the event of crisis such as Technology, Entertainment industry. Entertainment industry with strong digital presence like Netflix, Amazon prime and technology companies aiding the operations of workplace like videocalling app Zoom are growing significantly in this crisis. Sectors like Groceries, Sanitary & cleaning, Food and beverages, Wholesaling are set to increase due to the pandemic. The corona virus scare has created a huge awareness on hand washing and there is a growing consumers’ inclination towards disinfectants and sanitary products. While some industries are growing with new opportunities, some are stalled and reeling under the lockdown. Tourism and travel industry are completely out of business due to social distancing and travel restrictions. Almost 100 countries over the world have closed their borders and airports have been shut-down for passengers. The airline companies, tourism related business are losing revenue due to the COVID-19 pandemic. Manufacturing sectors are also being closed and the productions are paused due to workers being quarantined in their homes. The agriculture sector is experiencing shortage of labor and fall in agricultural commodity prices. Banking and financial institution will be having hard time in collecting their dues and will be renegotiating credit terms. Banks also won’t be able to gain new deposits during this crisis and thereby affecting its earnings.
The document discusses several challenges facing the oil and gas industry, including an aging workforce, increased regulation, resource nationalism in some countries, security risks from terrorist groups, and issues around water usage for fracking. It argues that adopting new technologies like the Internet of Things can help address some of these challenges by improving monitoring, data analysis, and operational efficiency. However, greater cybersecurity precautions will also be needed to protect networks and data. Overall, the industry must adapt quickly to ongoing changes in order to remain competitive and responsible stewards of natural resources.
Impact of corona virus on local businessesJacob Adley
In the whole world, there are 3.8 million infectious people’s results are positive in approximately 187 countries. All these countries have announced the deaths of 269,000 people. New cases are still emerging in front of the world to date. All these deaths are caused by this new emerging disease that has shaken the whole world order, in which.........
Combined Illegal, Unregulated and Unreported (IUU) Vessel List.Christina Parmionova
The best available, up-to-date information on all fishing and related vessels that appear on the illegal, unregulated, and unreported (IUU) fishing vessel lists published by Regional Fisheries Management Organisations (RFMOs) and related organisations. The aim of the site is to improve the effectiveness of the original IUU lists as a tool for a wide variety of stakeholders to better understand and combat illegal fishing and broader fisheries crime.
To date, the following regional organisations maintain or share lists of vessels that have been found to carry out or support IUU fishing within their own or adjacent convention areas and/or species of competence:
Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR)
Commission for the Conservation of Southern Bluefin Tuna (CCSBT)
General Fisheries Commission for the Mediterranean (GFCM)
Inter-American Tropical Tuna Commission (IATTC)
International Commission for the Conservation of Atlantic Tunas (ICCAT)
Indian Ocean Tuna Commission (IOTC)
Northwest Atlantic Fisheries Organisation (NAFO)
North East Atlantic Fisheries Commission (NEAFC)
North Pacific Fisheries Commission (NPFC)
South East Atlantic Fisheries Organisation (SEAFO)
South Pacific Regional Fisheries Management Organisation (SPRFMO)
Southern Indian Ocean Fisheries Agreement (SIOFA)
Western and Central Pacific Fisheries Commission (WCPFC)
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Unlike the IUU lists published on individual RFMO websites, which may update vessel details infrequently or not at all, the Combined IUU Fishing Vessel List is kept up to date with the best available information regarding changes to vessel identity, flag state, ownership, location, and operations.
This report explores the significance of border towns and spaces for strengthening responses to young people on the move. In particular it explores the linkages of young people to local service centres with the aim of further developing service, protection, and support strategies for migrant children in border areas across the region. The report is based on a small-scale fieldwork study in the border towns of Chipata and Katete in Zambia conducted in July 2023. Border towns and spaces provide a rich source of information about issues related to the informal or irregular movement of young people across borders, including smuggling and trafficking. They can help build a picture of the nature and scope of the type of movement young migrants undertake and also the forms of protection available to them. Border towns and spaces also provide a lens through which we can better understand the vulnerabilities of young people on the move and, critically, the strategies they use to navigate challenges and access support.
The findings in this report highlight some of the key factors shaping the experiences and vulnerabilities of young people on the move – particularly their proximity to border spaces and how this affects the risks that they face. The report describes strategies that young people on the move employ to remain below the radar of visibility to state and non-state actors due to fear of arrest, detention, and deportation while also trying to keep themselves safe and access support in border towns. These strategies of (in)visibility provide a way to protect themselves yet at the same time also heighten some of the risks young people face as their vulnerabilities are not always recognised by those who could offer support.
In this report we show that the realities and challenges of life and migration in this region and in Zambia need to be better understood for support to be strengthened and tuned to meet the specific needs of young people on the move. This includes understanding the role of state and non-state stakeholders, the impact of laws and policies and, critically, the experiences of the young people themselves. We provide recommendations for immediate action, recommendations for programming to support young people on the move in the two towns that would reduce risk for young people in this area, and recommendations for longer term policy advocacy.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
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Preliminary findings _OECD field visits to ten regions in the TSI EU mining r...OECDregions
Preliminary findings from OECD field visits for the project: Enhancing EU Mining Regional Ecosystems to Support the Green Transition and Secure Mineral Raw Materials Supply.
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
Indira P.S Vs sub Collector Kochi - The settlement register is not a holy cow...
Mic comments to doj vf (7.22.20)
1. Public Comments of the MIC Coalition Submitted in Response to the U.S. Department of
Justice’s Request for Comment on the Future of the ASCAP and BMI Consent Decrees
July 22, 2020
The Music Innovation Consumers Coalition (“MIC”) is pleased to submit the following
comments in response to the Justice Department’s latest request for input on the future of the
consent decrees governing the American Society of Composers, Authors, and Publishers
(“ASCAP”) and Broadcast Music, Inc. (“BMI”).1
MIC members include a vast majority of the
nation’s leading restaurants, bars, hotels, wineries, local radio and television broadcasters, digital
music services and retailers that operate in every state, region and congressional district across
the country.2
Collectively, MIC members spend more than a billion dollars annually in fees to license
the right to publicly perform musical works and we profoundly depend on the consent decrees to
ensure that we can license those rights under terms that are reasonable and free from
monopolistic pricing. Since the Coalition’s inception, MIC has tirelessly advocated before
Members of Congress, the U.S. Copyright Office and this Department to promote a licensing
regime that encourages increased transparency, efficiency and competition.
With regard to increased competition, in particular, as between the PROs and other
possible sources for licenses, the Coalition highlights a few key observations for the
Department’s consideration.
• In 2013, the consent decrees helped shed light on acts undertaken by ASCAP and
BMI to secretly coordinate with music publishers in an effort to allegedly limit
access to their catalogues for certain licensees.3
1
Department of Justice, Office of Public Affairs (July 10, 2020). Department of Justice Antitrust Division to Host
Workshop on Competition in the Licensing of Public Performance Rights in the Music Industry. [Press release].
Retrieved from https://www.justice.gov/opa/pr/department-justice-antitrust-division-host-workshop-
competition-licensing-public-performance.
2
For more information regarding the MIC Coalition, please visit: https://mic-coalition.org/#who-we-are
3
In re Petition of Pandora Media, Inc., 2013 WL 5211927 (S.D.N.Y. Sept. 17, 2013); Broadcast Music, Inc. v Pandora
Media Inc., 2013 WL 6697788 (S.D.N.Y. Dec. 18, 2013).
2. - 2 -
• Less than one year later, in 2014, it was revealed that ASCAP had engaged in acts
of “troubling coordination” with a couple of major music publishers in a manner
that implicated a core antitrust concern underlying its consent decree.4
• In 2016, the Justice Department discovered that ASCAP had been including
exclusivity requirements in its contractual agreements with affiliates in clear
violation of the terms of its decree.5
• Finally, over the course of the past decade or so, ASCAP and BMI have both
witnessed their respective revenues surge by approximately 50% to reach all-time
record highs.6
The aforementioned observations are just a few of the key considerations regarding the
effect on music licensees and consumers of the type of “competition” that exists in the
marketplace today and that would undoubtedly be made worse if requests for modifications of
the decrees are granted. This explains MIC’s strong opposition towards any effort aimed at
modifying or terminating the existing consent decrees governing ASCAP and BMI. We continue
to believe that the current decrees include important, pro-competitive elements that benefit
licensees, members of the songwriting community, and consumers, and that the pursuit of any
ill-advised or untimely modification could disrupt the current delicate balance.
The existing delicate balance is particularly critical as our nation faces an ongoing crisis
with catastrophic short-term and uncertain long-term effects. As the Justice Department is well
aware, the recent COVID-19 pandemic has wreaked havoc on the nation’s economy. It has
ushered in weekly jobless claims often exceeding 1 million per week and a national
unemployment rate in excess of 30 million.
The impact of the current pandemic on members of the MIC Coalition has been massive.
• Restaurants and Bars – The restaurant industry has suffered catastrophic sales
and job losses since the COVID-19 outbreak began. Simply put, the industry has
been crippled. It was the first mandated to shut down and will be the last to
recover. Over 8 million restaurant employees have been laid off or furloughed,
representing two out of every three restaurant jobs. Four in ten restaurants have
closed their doors, some with no hope of reopening. Overall, the industry is
projected to sustain $240 billion in revenue losses by the end of the calendar year.
4
In re Petition of Pandora Media, Inc., 2014 WL 1088101 (S.D.N.Y. Mar. 18, 2014).
5
Department of Justice, Office of Public Affairs. (May 12, 2016). Justice Department Settles Civil Contempt Claim
against ASCAP for Entering into 150 Exclusive Contracts with Songwriters and Music Publishers [Press release].
Retrieved from https://www.justice.gov/opa/pr/justice-department-settles-civil-contempt-claim-against-ascap-
entering-150-exclusive
6
ASCAP. (May 1, 2019). ASCAP Annual Revenue and Distributions Continue to Break Records: 2018 Revenue Tops
$1.227 Billion [Press release]. Retrieved from https://www.ascap.com/press/2019/05/05-01-financials-release;
Christman, Ed (Sep. 12, 2018). BMI Revenue Growth Accelerates as Collections and Royalty Distributions Reach
New Highs. Billboard. Retrieved from https://www.billboard.com/articles/business/8474665/bmi-2018-annual-
collections-revenue-royalty-distributions.
3. - 3 -
These impacts and economic challenges are devastating to an industry that is one
of low margins, tight cash flow, and a workforce that depends on it for their
livelihood. Given the recent increase in COVID-19 cases, state and local
government mandates have shut down almost 100,000 restaurants in just the past
two weeks alone. Many restaurants have publicly stated that they cannot survive
the recent start and stop to business operations and will likely have to close
permanently.
• Hotels – The hotel industry has been decimated by the current health crisis.
Typically, the industry supports more than $1.2 trillion in GDP, including nearly
$400 billion in wages and $186 billion in state, local and federal taxes as well as
8.3 million in jobs. However, due to stay-at-home orders, mandatory shutdowns,
and social distancing measures, hotel rates and occupancies have dropped to
historic lows. The average daily rate (ADR) for hotels fell 44% nationwide in
April compared to last year and 42% in May, with declines nearly as large as 60%
in certain locales. The economic loss is estimated to be nine times greater than
the loss experienced during the September 11th
terrorist attacks. According to
CBRE and STR, the industry is expected to lose more than 50% of its total
revenue in 2020 – which would exceed $120 billion.
• Public Venues – Public assembly venues, including auditoriums, arenas,
convention centers, exhibit halls and performing arts centers typically attract
millions of patrons to amazing events in both large and small communities across
the country – often serving as the lifeblood of the local economy. Yet, in the
wake of the current pandemic, many of these businesses were the first to close
and will be the last to open, costing the industry tens of billions of dollars in lost
revenues. As such venues begin to reopen (most likely in the next calendar year),
they will be subject to millions of dollars in additional costs needed to properly
retrofit their operations in order to protect public safety.
• Broadcasters – At a time when Americans are relying more on local TV and
radio than ever before, broadcasters have taken an enormous hit to the advertising
revenue they fundamentally depend on to stay on the air and remain free to their
audiences. As businesses across the country have been forced to close their
doors, including many affiliated with MIC members, advertising is among the
first expenses cut and the last to return. Broadcasters have reported losses of
anywhere from 40-90% of this income over the last few months and now ride the
roller coaster of reopenings, re-closings and hopefully recoveries along with their
business partners.
• Movie Theaters – Similar to the experiences of other MIC members, the movie
theater industry is in severe distress as a result of the current pandemic. Year-to-
date, overall revenues are estimated to be down at least 85%, and that figure
continues to climb. The majority of movie theaters across the U.S. are shuttered.
The slate of new major motion picture releases has been delayed for months, with
no new theatrical releases since mid-March. The few theaters that are open are
4. - 4 -
required to abide by strict social distancing guidelines that limit auditorium
capacity. With no new films and extremely limited seating once theaters are able
to reopen, movie theaters will be extremely slow to recover.
Realizing the devastating impact that COVID-19 has had on our nation’s economy,
Congress has already enacted several measures in an effort to avoid the closure of millions of
small businesses and prevent a further uptick in blossoming unemployment numbers. While
these efforts have been helpful, they only represent a fraction of the financial assistance that
many MIC members will need to guarantee the continued survival of our respective businesses
and the millions of jobs we’re responsible for creating.
Moreover, the impact of COVID-19 has revealed for many businesses the tenuous line
between operating successfully and being forced to shutter. Creating more uncertainty – and
even chaos – in the music licensing space by modifying or terminating the existing consent
decrees would be a risky proposition at the best of times, and even absent the threat of the
current pandemic. It would effectively eliminate critical safeguards that help provide business
certainty and protect MIC members from anticompetitive behavior; thereby making our path to
recovery in a post-COVID environment extremely more difficult.
Finally, even in the absence of the current crisis, MIC continues to agree with the long
list of bipartisan Members in the House and Senate who have written to the Justice Department
regarding the future of the consent decrees.7
In particular, we emphasize the observations
expressed by Chairman Graham in his February 12, 2019 letter where he noted that, “[t]he
antitrust protections of the decrees have allowed businesses to innovate and expand music
offerings, which has generated greater revenue for songwriters.”8
In the same letter, he also
pointed out that “the American consumer currently enjoys the world’s most vibrant music
market” and that the “current market is functioning rather well.”9
The MIC Coalition strongly agrees with such sentiments. As such, we continue to urge
the Department to refrain from taking any steps to terminate or modify the ASCAP or BMI
consent decree.
7
Graham, L. “Letter to Assistant Attorney General Makan Delrahim Inquiring about the Status of the Division’s
Termination Program”. (Feb. 12, 2019) (“Graham Letter I”); Graham L. “Follow-up Letter to Assistant Attorney
General Makan Delrahim after the Antitrust Division’s Request for Stakeholder Comments”. Grassley, C., Goodlatte
B., etc. “Letter to Assistant Attorney General Makan Delrahim regarding the Antitrust Division’s Judgment
Termination Program”. (Jun. 8, 2018); Leahy, P., Klobuchar A., etc. “Letter to Assistant Attorney General Makan
Delrahim regarding the Antitrust Divisions’ Recently Announced Initiative to Terminate Outdated Antitrust
Judgments”. (Jun. 7, 2018).
8
Graham Letter I.
9
Id.
5. - 5 -
Respectfully submitted,
/s/ Gregory Alan Barnes, Counsel
/s/ Elizabeth Frazee, Director
MIC Coalition
1425 K Street NW, Ste 1010
Washington, DC 20005
(202) 621-8546