As increase in digital music sales slows, record labels look to new ways to make money

Tuesday, August 31, 2010

U2 perform at the King Baudouin Stadium, Brussels. Mark Mulligan, a music and digital media analyst at Forrester Research, said in an interview that “at a time where we’re asking if digital is a replacement for the CD, as the CD was for vinyl, we should be starting to see a hockey-stick growth in download sales. Instead, we’re seeing a curve resembling that of a niche technology.” Image: Bertrand Perron.

Every September, the Apple iPod is redesigned. Last year saw the release of the iPod Nano 5th generation, bringing a video camera and a large range of colours to the Nano for the first time. But as Apple again prepares to unveil a redesigned product, the company has released their quarterly sales figures—and revealed that they have sold only 9m iPods for the quarter to June—the lowest number of sales since 2006, leading industry anylists to ponder whether the world’s most successful music device is in decline.

Such a drop in sales is not a problem for Apple, since the iPhone 4 and the iPad are selling in high numbers. But the number of people buying digital music players are concerning the music industry. Charles Arthur, technology editor of The Guardian, wrote that the decline in sales of MP3 players was a “problem” for record companies, saying that “digital music sales are only growing as fast as those of Apple’s devices – and as the stand-alone digital music player starts to die off, people may lose interest in buying songs from digital stores. The music industry had looked to the iPod to drive people to buy music in download form, whether from Apple’s iTunes music store, eMusic, Napster or from newer competitors such as Amazon.”

Mark Mulligan, a music and digital media analyst at Forrester Research, said in an interview that “at a time where we’re asking if digital is a replacement for the CD, as the CD was for vinyl, we should be starting to see a hockey-stick growth in download sales. Instead, we’re seeing a curve resembling that of a niche technology.” Alex Jacob, a spokesperson for the International Federation of the Phonographic Industry, which represents the worldwide music industry, agreed that there had been a fall in digital sales of music. “The digital download market is still growing,” they said. “But the percentage is less than a few years ago, though it’s now coming from a higher base.” Figures released earlier this year, Arthur wrote, “show that while CD sales fell by 12.7%, losing $1.6bn (£1bn)in value, digital downloads only grew by 9.2%, gaining less than $400m in value.”

Expectations that CDs would, in time, become extinct, replaced by digital downloads, have not come to light, Jacob confirmed. “Across the board, in terms of growth, digital isn’t making up for the fall in CD sales, though it is in certain countries, including the UK,” he said. Anylising the situation, Arthur suggested that “as iPod sales slow, digital music sales, which have been yoked to the device, are likely to slow too. The iPod has been the key driver: the IFPI’s figures show no appreciable digital download sales until 2004, the year Apple launched its iTunes music store internationally (it launched it in the US in April 2003). Since then, international digital music sales have climbed steadily, exactly in line with the total sales of iPods and iPhones.”

Nick Farrell, a TechEYE journalist, stated that the reason for the decline in music sales could be attributed to record companies’ continued reliance on Steve Jobs, CEO of Apple, saying that they had considered him the “industry’s saviour”, and by having this mindset had forgotten “that the iPod is only for those who want their music on the run. What they should have been doing is working out how to get high quality music onto other formats, perhaps even HiFi before the iPlod fad died out.”

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When Jobs negotiated a deal with record labels to ensure every track was sold for 99 cents, they considered this unimportant—the iPod was not a major source of revenue for the company. However, near the end of 2004, there was a boom in sales of the iPod, and the iTunes store suddenly began raking in more and more money. The record companies were irritated, now wanting to charge different amounts for old and new songs, and popular and less popular songs. “But there was no alternative outlet with which to threaten Apple, which gained an effective monopoly over the digital music player market, achieving a share of more than 70%” wrote Arthur. Some did attempt to challenge the iTunes store, but still none have succeeded. “Apple is now the largest single retailer of music in the US by volume, with a 25% share.”

The iTunes store now sells television shows and films, and the company has recently launced iBooks, a new e-book store. The App Store is hugely successful, with Apple earning $410m in two years soley from Apps, sales of which they get 30%. In two years, 5bn apps have been downloaded—while in seven years, 10bn songs have been purchased. Mulligan thinks that there is a reason for this—the quality of apps simply does not match up to a piece of music. “You can download a song from iTunes to your iPhone or iPad, but at the moment music in that form doesn’t play to the strengths of the device. Just playing a track isn’t enough.”

The most recent incarnation of the iPod Nano. While digital music sales have been decreasing, the iTunes store now sells television shows and films, and the company has recently launced iBooks, a new e-book store. The App Store is hugely successful, with Apple earning $410m in two years soley from Apps, sales of which they get 30%. Image: Matthieu Riegler.

Adam Liversage, a spokesperson of the British Phonographic Industry, which represents the major UK record labels, notes that the rise of streaming services such as Spotify may be a culprit in the fall in music sales. Revenues from such companies added up to $800m in 2009. Arthur feels that “again, it doesn’t make up for the fall in CD sales, but increasingly it looks like nothing ever will; that the record business’s richest years are behind it. Yet there are still rays of hope. If Apple – and every other mobile phone maker – are moving to an app-based economy, where you pay to download games or timetables, why shouldn’t recording artists do the same?”

Well, apparently they are. British singer Peter Gabriel has released a ‘Full Moon Club’ app, which is updated every month with a new song. Arthur also notes that “the Canadian rock band Rush has an app, and the industrial rock band Nine Inch Nails, led by Trent Reznor – who has been critical of the music industry for bureaucracy and inertia – released the band’s first app in April 2009.” It is thought that such a system will be an effective method to reduce online piracy—”apps tend to be tied to a particular handset or buyer, making them more difficult to pirate than a CD”, he says—and in the music industry, piracy is a very big problem. In 2008, the International Federation of the Phonographic Industry estimated that 95% of downloads were illegitimate. If musicians can increase sales and decrease piracy, Robert says, it can only be a good thing.

“It’s early days for apps in the music business, but we are seeing labels and artists experimenting with it,” Jacob said. “You could see that apps could have a premium offering, or behind-the-scenes footage, or special offers on tickets. But I think it’s a bit premature to predict the death of the album.” Robert concluded by saying that it could be “premature to predict the death of the iPod just yet too – but it’s unlikely that even Steve Jobs will be able to produce anything that will revive it. And that means that little more than five years after the music industry thought it had found a saviour in the little device, it is having to look around again for a new stepping stone to growth – if, that is, one exists.”

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US salmonella outbreak linked to peanut butter, brand recalls product

Sunday, January 11, 2009

According to the Centers for Disease Control and Prevention, an outbreak of salmonella that has affected at least 399 people in 42 different U.S. states has been linked to King Nut, an American brand of peanut butter. In Minnesota, the state’s Health Department announced that bacteria tests for the disease on a tub of creamy King Nut peanut butter had tested positive for the disease, initiating a recall by its distributor in Solon, King Nut Companies.

Peanut butter. Image: PiccoloNamek.

Workers found evidence from these tests that the brand caused the outbreak. This has not been completely proven, however, as the Food and Drug Administration and King Nut itself are still conducting tests to discover if the case is isolated or related to the nationwide incident.

According to a statement made by the Health Department, the brand is used in many places including schools, hospitals, some restaurants and retirement homes, 20 alone being in Minnesota. A tub of peanut butter used inside of a retirement home where many of its citizens had become sick was tested positive by Minnesota’s health department.

We are very sorry this happened. We are taking immediate and voluntary action because the health and safety of those who use our products is always our highest priority.

Yesterday, King Nut Companies recalled all peanut butter distributed by their company. The president of King Nut Companies, Martin Kanan, said in a statement yesterday, “We are very sorry this happened. We are taking immediate and voluntary action because the health and safety of those who use our products is always our highest priority.”

In a web statement, King Nut told all of its customers to “put on hold all of their peanut butter in question. A recall of this product will be announced Monday morning. At this point it is unclear what Peanut Corporation of America will do with regard to this case or the national case of the salmonella outbreak.” The Peanut Corporation of America, located in Lynchburg but also operating in the states of Texas and Georgia, is the manufacturer for King Nut.

Salmonellosis is an infection of salmonella bacteria that usually results in diarrhea, fever, vomiting, and abdominal cramps. These symptoms are normally developed 12 to 72 hours after a person is infected, and can last anywhere from 3 to 7 days. Most of the time, the infected person will recover from the disease, but younger and older people have higher risks of it developing and becoming serious. Rarely, salmonella can cause hospitalization, and very rarely, it can lead to death.

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Mark Webber wins 2012 British Grand Prix

Monday, July 9, 2012

File photo of Mark Webber at the 2008 Canadian Grand Prix Image: phstop.

Red Bull Racing’s Mark Webber won the 2012 British Grand Prix yesterday at Silverstone, having started second on the grid behind Alonso’s Ferrari.

The second qualifying session of three was red-flagged due to heavy rain; but, despite this, Webber secured second on the grid behind Ferrari’s Fernando Alonso, only bettered by under five hundredths of a second. Michael Schumacher, driving for Mercedes, started third with Webber’s team mate Sebastian Vettel filling out the second row of the grid in fourth.

The race itself started in dry weather, Alonso—running on hard tyres—took an early lead, with Webber—having opted for soft tyres—in pursuit. At the first pit stop, McLaren’s Lewis Hamilton stayed out and took the lead, briefly duelling with Alonso before being passed. Shortly after the pitstop, Williams’ Pastor Maldonaldo and Sauber’s Sergio Perez had a collision, resulting in the Perez being knocked out of the race and Maldonaldo being fined €10,000 (£7,931, $US12,273).

Also receiving a fine was Perez’ team mate, Kamui Kobayashi. for a dangerous entry into his pit box that injured three of his team’s mechanics. According to Kobayashi, “The front wheels locked, I couldn’t control the car, and this is how I overshot the pit box.”

Alonso managed to hold off Webber until the final set of pit stops, but his rules-mandated switch to soft tyres left him unable to compete with the better grip of Webber’s Red Bull car. Webber caught him, overtaking Alonso with comparative ease on the 48th lap and going on to cross the line some three seconds ahead of the Spaniard.

With this victory, Webber is the second driver to win two races this season. After the race, he described himself as “…absolutely over the moon, absolutely rapt…”.

Position Driver Team Time Points
1 Mark Webber Red Bull 1:25:11.288 25
2 Fernando Alonso Ferrari +3.060 18
3 Sebastian Vettel Red Bull +4.836 15
4 Felipe Massa Ferrari +9.519 12
5 Kimi Räikkönen Lotus +10.314 10
6 Romain Grosjean Lotus +17.101 8
7 Michael Schumacher Mercedes +29.153 6
8 Lewis Hamilton McLaren +36.463 4
9 Bruno Senna Williams +43.347 2
10 Jenson Button McLaren +44.444 1

Position Driver Team Points
1 Fernando Alonso Ferrari 129
2 Mark Webber Red Bull 116
3 Sebastian Vettel Red Bull 100
4 Lewis Hamilton McLaren 92
5 Kimi Raikkonen Lotus F1 83
6 Nico Rosberg Mercedes 75
7 Romain Grosjean Lotus 61
8 Jenson Button McLaren 50
9 Sergio Perez Sauber 39
10 Pastor Maldonado Williams 29
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Buffalo, N.Y. hotel proposal threatened by possible lawsuit

Pano Georgiadis speaks at Monday night’s public community meeting. Image: Jason Safoutin.

Thursday, March 16, 2006

Buffalo, New York — The property at 605 Forest in Buffalo was the center of attention at last night’s public meeting held at the offices of Forever Elmwood on Elmwood Avenue in Buffalo. Eva Hassett, Vice President of Savarino Construction Services Corporation, confirmed last night that the company will be seeking a variance for the 605 Forest property. Originally, both the 605 and 607 Forest Avenue properties were going to have variances placed on them. As it stands, 607 Forest will not be directly affected by the proposal, should it go forward. Both 605 and 607 are currently occupied by residents.

During Monday night’s meeting, Pano Georgiadis, owner of 605 Forest and owner of Pano’s Resuraunt at 1081 Elmwood Avenue in Buffalo, threatened to “sue” Savarino Construction if they tried to obtain a variance on his property to build the Elmwood Village Hotel.

The Elmwood Village Hotel is a proposal by Savarino Construction that would be placed on the corner of Forest and Elmwood in Buffalo. In order for the project to move forward, at least five buildings (1119-1121 Elmwood) which include both residences and businesses will have to be demolished. The hotel was designed by architect Karl Frizlen of the Frizlen Group. Although the properties are “under contract,” according to Hassett, it is unclear whether Savarino Construction owns the properties. Hans Mobius, a resident of Clarence, New York and former Buffalo Mayoral candidate, is still believed to own them.

Currently, none of the properties is zoned for a hotel.

A freelance journalist writing for Wikinews asked Hassett what kind of zoning permit they [Savarino] would be applying for and, if 605 Forest is included, what zone that would be.

Buffalo, N.Y. Hotel Proposal Controversy
Recent Developments
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  • “Contract to buy properties on site of Buffalo, N.Y. hotel proposal extended” — Wikinews, October 2, 2006
  • “Court date “as needed” for lawsuit against Buffalo, N.Y. hotel proposal” — Wikinews, August 14, 2006
  • “Preliminary hearing for lawsuit against Buffalo, N.Y. hotel proposal rescheduled” — Wikinews, July 26, 2006
  • “Elmwood Village Hotel proposal in Buffalo, N.Y. withdrawn” — Wikinews, July 13, 2006
  • “Preliminary hearing against Buffalo, N.Y. hotel proposal delayed” — Wikinews, June 2, 2006
Original Story
  • “Hotel development proposal could displace Buffalo, NY business owners” — Wikinews, February 17, 2006

“There is a ‘special development plan’ in front of the council, which changes only one thing about the zoning. It allows one permitted use for just a hotel. The rest of the zoning remains as it is under the current Elmwood Business District zoning. 605 and 607 Forest are not required for the project. They are not part of the footprint for the project. Let me answer this question again. This is on the record, in council: 605 needs to be rezoned in order to facilitate the project because of the sideyard requirement. Anything in C-2 is excluded besides the hotel. So we’ve taken the C-2 and included the hotel as a permitted use, and excluded everything else and everything else remains the same.”

However, during the February 28 Common Council meeting, Hassett was quoted as saying that the two properties were “off the agenda.”

Photo of Pano Georgiadis’s signature, shown at the bottom of the petition, to stop the hotel development. Image: Jason Safoutin.

“Now Karl said, at the last meeting, that they will build this hotel right on the borderline [property line]. If a wall forty-five to fifty feet high goes next to this house, of course it’s not right. You really have to go with whatever the city code says, so you have to get back as many feet as the city code says,” said Georgiadis.

“If you try to get a variance to change the code, I will sue you. This is my home, number one,” added Georgiadis. “First of all I think we are all wasting our time here, you [Savarino], have already made up your mind, but if you go against city code, and you try to do the most rooms with a minimal amount of parking, again, I will sue you. If you build a hotel, in my idea its going to fail. It’s doomed, ok. [If] it’s going to be a home for the disabled, for the homeless, for recovery people, but that’s another story. Then how is it going to be when we say, well I told you so? You will be over and done with. Its very hard to take a four story building [hotel] down.”

Georgiadis stated last night that he was against the proposal and signed a petition to stop it, jokingly saying, “this isn’t a paper to sign to build the hotel, is it? Don’t make me sign the wrong thing.”

Joseph Golombeck, district councilman, was at Monday’s public meeting and said, “we also did request this and the reason we are doing this as a special business district is so that it has to be this specific plan. They [Savarino] can’t go halfway through it and in six months decide that [the hotel] it’s going to be three floors. They can’t decide it’s going to be five floors. It has to be, per law, exactly what it is that they brought to us [the public] so far, and then ultimately to the City of Buffalo Common Council when it’s approved. So if it gets approved, it has to be this specific, exact project. They couldn’t make it fifty parking spots, they couldn’t make it thirty. It has to be specifically what they have right here.”

Joseph Golombeck, district councilman in Buffalo, New York, speaking at the meeting. Image: Jason Safoutin.

A man who lives on Granger Street in Buffalo attended the meeting, speaking in favor of the hotel development. He claimed, “There are a lot of low property values. Hopefully if we embrace development, our property values, for those of us who have property, will go up. There are a lot of people unfortunately, who are working hard, that do not get a chance to come to these meetings. I myself was at work and wasn’t able to go to the last two meetings. I express that we appreciate that you [Savarino] invest in the City of Buffalo and for what you hope, because I do not think Savarino is into losing money. These people are not in business to be losing money here. They are hoping for the success of this [the hotel] more than any one of us. They are hoping that the property values in this area will go up more than any one of us, because it will benefit them [the residents and business owners], more than any one of us. I want this city to develop. I don’t think anybody else is here understanding that we’re looking for development in this city, we are looking for the city to get better. The councilman here is not interested in Buffalo failing.”

Evelyn Bencinich, resident of Granger Street, would have the hotel directly behind her home, if it were to be built.

“What about construction [time]? Is that just for the exterior, the nine months? Or does that include the interior? Is there going to be blasting through bedrock? Is there property protection for damage? Are you [Savarino and the Frizlen Group] responsible?”, asked Bencinich.

According to Frizlen, there is a layer of solid bedrock at least 30 feet from the surface of the land saying, “we anticipate that the bedrock is at least thirty feet down.” He also admitted that “we haven’t done any soil sporrings,” but did say “the bedrock is somewhere in between twenty-five and thirty feet [down], we don’t need to go that deep. So blasting is most likely out of it [the question].”

“Personally, I can only speak from the city side, but a few years ago we rebuilt Vulcan Street, in the northwest corner of Buffalo, and there were a couple of properties that were damaged and they [the owners] were able to file a claim against the company that did the work and they won in each case. It was the same thing with a school that was built on Military Road. There were a couple of problems with foundations on a couple of properties, and they weren’t sure if caused by the school or not, but the insurance company ended up paying them,” answered Golombeck.

“I would assume that Savarino is insured with someone. So if there is a problem with anything that happens to your properties, what I would recommend is that anybody that lives on Granger Place, if this does go through, that you get pictures taken of your basement and of your foundations, because God forbid if there is a problem, you want to have an[sic] before and after [picture]. You don’t want to come afterwards and there’s a crack in there [foundation] and you have no way of proving that it happened,” added Golombeck.

According to Golombeck, the properties that Mobius owns have been “in housing court on several occasions, but has a date of April 11, 2006 that he is going back [to court] for these properties. So it is in housing court and I wouldn’t know Mr. Mobius if he walked in this room right now,” stated Golombeck.

“I’ve gone after him on numerous occasions and everytime he gets out of housing court with a slap on the wrist. If I am a conspiracy theorist and say that there is a lot more going on than meets the eye. I can only get him into housing court. Once he’s in housing court, the judge rules on it. Now I don’t mean to take any shots at previous administrations, but I am hoping with the new administration, being in here, that the inspections department is going to be a much better department than it has been for the previous several years.”

The city’s Planning Board on March 14, 2006, agreed to send the Elmwood Village Hotel proposal back to the Common Council so that it may “be opened back up to discussion from the public.”

Office of Forever Elmwood Corp. Image: Jason Safoutin.

On March 2, 2006 the Common Council sent the proposal “to committee” for further discussion and also requesting that the public be “engaged further.”

During that meeting, Justin Azzeralla, Executive Director for Forwever Elmwood, said that the organization “supports the hotel project.”

Also on March 2, the planning board agreed to table, or postpone, any decision on the hotel proposal for at least thirty days, also citing the need for the public to be “more engaged.”

The Common Council is expected to meet on March 21, 2006 at 2:00pm local time where they may approve or deny the proposal.

According to The Buffalo News, at least six Common Council members support the hotel project and are pledging to vote to approve it at the meeting on Tuesday, March 21.

However, the city’s Planning Board will get the final say on the project.

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Study says dogs can smell lung and breast cancer

Monday, August 7, 2006

Scientists used three Labrador Retrievers with basic behavioral dog training The dogs were trained to lie down next to a sample from a cancer patient, and to ignore other samples.

Dogs can be trained to detect early and late stages of lung and breast cancer accurately according to a study published by California scientists in the little-known scientific journal Integrative Cancer Therapies.

The study took place over the last five years at the Pine Street Foundation, a non-profit organization which conducts evidence-based research on integrative medicine (combining complementary and alternative medicine and mainstream medicine). Michael McCulloch and colleagues used three Labrador Retrievers and two Portuguese Water Dogs, both common pets, that received basic behavioral dog training. The researchers trained the dogs to lie down next to a sample from a cancer patient and to ignore other samples.

The samples used were breath samples from 55 patients with lung cancer and 31 with breast cancer — the two types of cancer with the highest mortality rates in the United States.

After the training phase, the dogs’ accuracy diagnosis was tested in a double-blind experiment. Among lung cancer patients, the sensitivity and specificity were 99% accurate and for breast cancer sensitivity was 88% and specificity 98%. Because these figures seem almost too good to be true, cancer experts are the same time baffled and skeptical. The authors of the study themselves also say replication of the study is needed.

Importantly, this was independent of the cancer stage, meaning the dogs were able to pick up the scent of cancer in its early stages. This is important because in many cases, the success of any treatment depends on early diagnosis. However, the researchers don’t believe this will lead to the use of dogs in the clinic soon, rather they want to find out which chemicals are actually sensed by the canines, because they could be used in laboratory assays. “It’s not like someone would start chemotherapy based on a dog test,” Dr. Gansler of the American Cancer Society said, “They’d still get a biopsy.”.

The researchers were inspired by anecdotal reports about dogs detecting cancer. In 1989, a British women consulted with her family physician because her Dalmatian kept licking a mole on her leg. At biopsy it showed to be malignant melanoma. When diagnosed too late this form of cancer has a poor survival rate, but in this case early surgery was made possible, and the women survived. Prior studies showed that breath samples from patients with lung cancer or breast cancer contain distinct biochemical markers. This provides a basis for the hypothesis that some cancer types produce volatile chemicals that dogs could smell. A study published in the British Medical Journal already proved that dogs could use their exquisite sense of smell to detect bladder cancer in urine samples, but they were only correct in 41% of cases, and another study provided preliminary evidence that dogs could detect melanomas.

This doesn’t mean you can show your breasts to your dog and it will tell you if you have cancer, other physicians caution, and scientists do not advise people to train their dogs to sniff for cancer. Unresolved issues from the study include the fact that subjects were required to breathe deeper than normal, so it’s not sure whether dogs can smell cancer in normal breath. Also, whether this is a permanent skill that would be retained by dogs was not tested.

Finally, there are concerns that could arise over liability issues: who would be responsible when the dog makes a mistake?

Current detection methods for both lung and breast cancer are not flawless. For lung cancer, chest X-ray and sputum cytology (detecting cancer cells in coughed up fluid) fail to detect many early cases, and CT scan produces many false-positive results unless combined with expensive PET scans. Although it might be comparing apples and oranges, a $2.5 million CT scanner has an accuracy of 85 to 90%. Mammography also produces false-positive results, and it may be difficult in women with dense breast tissue. As such, another type of “pet”-scan, using dogs as a biological assay, might prove feasible for screening if supported by further research. Current tests are also expensive so the use of dogs for preliminary cancer testing could prove to be an affordable alternative for countries in the developing world.

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Bomb blast kills seven in northwest Pakistan

Saturday, October 31, 2009

Officials in Pakistan have said that a bomb blast killed seven Pakistani soldiers and wounded eleven others on Saturday in the northwestern part of the country. The incident took place in the Khyber region, which is the main route for moving supplies to international forces fighting in neighbouring Afghanistan.

The explosion struck a vehicle that was transporting paramilitary troops on a patrol near the region’s main town of Landikotal, according to a spokesman for the Frontier Corps. “The vehicle was completely destroyed and seven of our soldiers were killed,” the spokesman said.

Pakistani armed forces started an operation against militants in the Khyber region in September, saying that the rebels had started to expand their activities. The mountainous area along the Afghanistan border is said to be haven for both al-Qaeda and Taliban insurgents.

The violence comes a day after US Secretary of State Hillary Clinton ended her visit to the country.

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Euro reaches new lows

Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

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Politically concerned movie Zootopia wins Academy Award for Best Animated Feature Film

Wednesday, March 1, 2017

On Sunday, Disney’s Zootopia won the Oscars award for the Best Animated Feature Film at the 89th Academy Awards ceremony held at Los Angeles. Pixar’s animated short Piper won the Oscar for Best Animated Short Film and Disney’s The Jungle Book won for Visual Effects.

Others competing with Zootopia in the category were Kubo and the Two Strings, My Life as a Zucchini, The Red Turtle, and Disney’s Moana. This was the first Oscar for directors Byron Howard and Rich Moore who were previously nominated for, respectively, Bolt and Wreck-It Ralph.

In the acceptance speech, director Byron Howard said, “About five years ago, almost six now, […] we got this crazy idea of talking about humanity with talking animals in the hopes that, when the film came out, it would make the world just a slightly better place.” The Disney movie addresses several social problems such as racism, sexism, prejudice, stereotyping, and fear. The New York Times said the parental guidance (PG) rated movie was “Funny, smart, thought-provoking — and musical, too.”

Before announcing the award, Mexican actor Gael Garcia Bernal said, “As a Mexican, as a Latin-American, as a migrant worker, as a human being, I’m against any form of wall that wants to separate us.” The movie was released in March, during the 2016 US presidential race.

In an interview with Variety, the directors of Zootopia said movies about bias and discrimination haven’t been Disney’s main focus, but during its production, “Things were not great in the world. […] It was more like we had our finger on something important right now and we really need to do our best to portray this as honestly as we can. Then with the election and the campaign, the real move towards governing by fear […] I don’t think we could have predicted it any closer with this film.”

With this win, the Walt Disney Company has won nine out of ten Best Animated Feature Film Oscars in the last decade, with Pixar Animation Studio winning six out of them. Zootopia also won Best Animated Film at the Annie Awards and the Golden Globe Awards.

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Natural gas odor permeates New York and Jersey Cities

Monday, January 8, 2007

This article features in a News Brief from Audio Wikinews:
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This article features first-hand journalism by Wikinews members. See the collaboration page for more details.
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A strong odor of natural gas permeated through parts of Manhattan, Brooklyn, and Jersey City early this morning. Authorities assert that there is no cause for alarm and assure the air quality, though smelly, is safe enough to breathe. New York City’s Health Department, the Coast Guard, and Con Ed are still on the scene.

In a press conference, Mayor Michael Bloomberg says that a small gas leak at Bleeker St. and Sixth Av. “could not account for a smell so pervasive throughout the city”. PATH trains were temporarily suspended from Hoboken, New Jersey, to the 33rd St. terminus, and an MTA control tower at West 4th St. was also temporarily shut down.

“Sensors do not show any high concentration of natural gas that would cause concern” continued Bloomberg. “We want to take our time and make sure we don’t get the wrong information. We cannot speculate, but these are the facts: the smell is there, we don’t know the source, and it doesn’t appear to be dangerous.”

Some buildings in Midtown Manhattan were evacuated as a safety precaution, and HVAC systems in the area have been brought back online. Jersey City EMTs report that seven people have been taken to hospital, but it is unclear if it is a direct result of mercaptanline inhalation.

WINS-AM reporter Juliett Poppa has been reporting along 34th St., commenting that the odor was most noticeable around Fifth Av., but has now dissipated. Radio announcer Lee Harris added that the odor was noticeable even in their Broadway and 57th St. studios. During an interview on air, a Con Ed spokesman said that no gas leak has been found.

“We’ve had reports as far north as 96th St. on the West Side and 130th on the East” said one NYC 311 operator (This was during this journalist’s report of a gas smell at 205th Street.)

Natural gas supplied for domestic and commercial use is odorless. Mercaptan is added to give natural gas its distinctive smell as an aid to leak detection.

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Canadian media company Bell Globemedia to acquire rival CHUM

Wednesday, July 12, 2006

Canadian media company CHUM Limited has announced that it has agreed to be acquired by larger rival Bell Globemedia Inc. for $1.7 billion CAD cash, bringing the CTV and Citytv broadcast-television networks and such specialty channels as MuchMusic, TSN and Bravo! under the same corporate umbrella.

Shareholders will receive $52.50 per common share of CHUM and $47.25 per Class B (non-voting) share. The estate of the late Allan Waters, who died late last year, has agreed to tender all its shares to the bid, netting the Waters family nearly $450 million.

In a joint statement, CHUM’s chairman, Jim Waters, said, “In Bell Globemedia’s offer, we not only found value for shareholders, but confidence that we would be placing CHUM in the hands of an owner with the financial resources and track record to continue to grow and build on our collective legacy.”

Globemedia CEO Ivan Fecan added, “We are able to make this premium offer because Bell Globemedia is clearly the most logical buyer of CHUM. There is a unique strategic fit to our operations that can make the united company a stronger national champion in broadcasting. We intend to maintain and build the valuable CHUM brands and develop more opportunities for Canadian programming.” He added that CTV and Citytv will remain separate networks and “will maintain separate and independent news divisions in order to ensure a continued diversity and competition in news coverage.”

In a separate release, CHUM announced it would be cutting 281 jobs at its stations across the country, particularly at its Citytv stations in western Canada. Effectively immediately, evening newscasts at CKVU-TV Vancouver, CKEM-TV Edmonton, CKAL-TV Calgary and CHMI-TV in the Winnipeg market are being eliminated, with plans for a new newsmagazine tentatively titled In Your City at the three Prairie stations, and more resources being put into each station’s local version of Breakfast Television. Less drastic changes are planned for its A-Channel stations in smaller markets. The company said these changes will result “in a significant reduction in staffing and operating costs.”

The companies said that they expect to sell CHUM’s A-Channel stations, as well as Alberta educational broadcaster Access, to third parties, despite CTV’s historical ties to several of them. Many of the A-Channel stations were originally acquired by CHUM from Baton Broadcasting, the predecessor of Bell Globemedia, in 1997, as part of a trade that sent CHUM’s ATV and ASN assets in Atlantic Canada to Baton and allowed Baton to acquire the CTV network itself.

Despite CHUM’s ownership of MuchMusic and CTV’s recent launch of MTV Canada, the companies claim their specialty channels are “complementary” and did not indicate any sale plans.

Bell Globemedia is currently majority-owned by BCE Inc. but is awaiting regulatory approval for a restructuring involving the Ontario Teachers Pension Plan, Torstar Corp., and the Thomson family. In the interim, the takeover offer will be made by a new company owned by the proposed new shareholder structure.

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