Regional elections foretell turmoil in Italy

first_img Former Arizona Rep. Don Shooter shows health improvement Sponsored Stories Comments   Share   Top Stories The populist Five Star Movement garnered 18 percent of the vote _ not enough to win the governorship because other parties ran in alliances, but still making it the top vote-getting party and a force to be reckoned with. Movement leader Beppe Grillo attracted large audiences with his attacks on Monti’s austerity policies and the seemingly endemic corruption among Italy’s major political parties.“Without doubt this result is not positive for market confidence and increases uncertainty ahead of the general election next spring,” said an analysis by economists Chiara Corsa and Loredana Federico for UniCredit, Italy’s largest bank.Monti’s government of technocrats imposed a painful austerity program and has started in on reforms that together have succeeded in bringing down Italy’s borrowing costs, which had skyrocketed when his predecessor, media magnate Silvio Berlusconi, lost the confidence of markets that he could bring Italy’s finances under control and balance the budget.Italy’s benchmark 10-year bond yield rose Monday after the release of the Sicilian election results _ from 4.85 percent to 4.94 percent, a sign that investors have become somewhat more cautious about the country’s financial future. The bond yield edged back only marginally to 4.92 percent on Tuesday. Bottoms up! Enjoy a cold one for International Beer Day But the 76-year media magnate may have changed his mind after a court in Milan convicted him Friday of tax fraud. He attacked Monti, complained that Germany had too much control over Italy’s economic decisions, and said he would stay in politics to reform the justice system.Political analyst Massimo Franco, writing in the leading Corriere della Sera, said Italy is paying the price for Berlusconi’s “sad decadence and his system of power.” He also wrote that the Sicilian election result is a warning that the country risks becoming ungovernable.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) But Monti’s term ends in the spring and he has ruled out running for premier, although he has left the door open for a second term if no party wins a clear majority and he is tapped to head another government. There has also been talk of Monti serving as finance minister in a government next year, a move that would also please Italy’s eurozone partners.Monti, speaking at a conference of the World Economic Forum in Rome on Tuesday, directed himself to Italy’s political class as he sketched a picture underlining the virtue of unpopular _ but necessary _ policy.“The really important thing is, we have done very unpleasant things, unpleasant things for the receivers and even unpleasant for the doers. The perception of what this government is doing is not fully good. But it is higher than that of any of the parties,” Monti said.“This is an important message for future governments: Do not believe that you cannot do the right policies, otherwise you risk your position in the future,” he said.A further unknown is Berlusconi’s intentions. He had been supporting Monti’s government and recently suggested he planned to retire from politics. Mary Coyle ice cream to reopen in central Phoenix ROME (AP) – Italy risks heading into political turmoil after a regional election showed a huge level of voter distrust in mainstream political parties, a result that could also rattle financial markets that have no small role in deciding the fate of the economically troubled nation.A protest party candidate from a movement launched by a TV comic made a strong showing in Sicilian elections Sunday, a vote seen as a test of popular sentiment before nationwide polls in the spring to replace the government of Premier Mario Monti. The Sicily vote also was marked by sharply lower turnout, down to 47 percent of eligible voters from 67 percent in the 2008 regional elections. Check your body, save your life Arizona families, Arizona farms: providing the local community with responsibly produced dairy The vital role family plays in societylast_img read more

Malaysia Airlines mystery becomes murkier

first_imgHowever, the Malaysian Defence Minister Hishammuddin Hussein said that the analysis had to be further investigated until any blame could be laid against Shah or the co-pilots. The families were fed up after waiting 11 days of not being briefed by the Malaysian government. An FBI analysis of the MH370 pilot Zaharie Ahmad Shah’s flight simulator shows that the data was deleted on 3 February. Relatives of passengers on Malaysia Airlines flight MH370 were prevented from protesting about lack of information to Malaysian authorities. Despite the lack of information being given to relatives of MH370 passengers, new reports have emerged from Malaysian officials that the flight’s data log had been deleted a month before the flight left Malaysia. Chinese family members of those on board MH370 were forcibly ejected from a briefing on the search for the flight after they held up a banner which read “Give us back our families”, the Guardian reported. Malaysian authorities have been quick to pour cold water on an apparent sighting of the MH370 flight in the Maldives on 8 March. “For the sake of their families we ask you to refrain from any speculation that might make an already difficult time even harder,” Minister Hussein said. All countries represented on the plane have asked for more information on the search, except for Russia and Ukraine.  Local Maldivians said that the plane was seen over a remote island. Source = ETB News: Tom Nealelast_img read more

Lufthansa and TiE takes India to a new height

first_imgIndia’s largest ecosystem for start-up success the, Start-up Expo, co-created by Lufthansa and The Indus Entrepreneurs (TiE) showcased business experts, investors, mentors, industry partners, government agencies, corporates and customers – all under one roof.Over the past five years, Lufthansa has empowered 150,000 entrepreneurs through its flagship program Lufthansa Runway to Success, a platform that has grown to become India’s largest SME stage. It has been a catalyst for some of India’s most disruptive start-ups such as Chaayos, Sattviko, Find My Stay, Heads up for Tails, Prozo amongst others.Taking forward the unprecedented success of the first Startup Expo held in 2016, the second edition featured over 75 investors, 100 partners, 500 mentors, 250 startup showcasing more than 10,000 attendees. It provided start-ups an opportunity to explore funding opportunities, receive valuable insights at expert workshops, engaged with government organizations and network and gain mentorship with potential clients and customers.Wolfgang Will, Senior Director, South Asia, Lufthansa Passenger Airlines, said, “Entrepreneurship is the driving force of the Indian economy. As an integral part of our Lufthansa Runway to Success initiative, the Startup Expo yet again brings alive our promise to be ‘More Indian Than You Think’.”This year too, Startup Expo attracted widespread support from organizations such as Department of Industrial Policy & Promotion (DIPP), Sequoia Capital, Unitus Seed Fund, IDG Ventures India, YourNest, Calcutta Angels, Ivy Camp; Indian Angel Network, Orios Venture Partner; IFC, Kalaari Capital, Saif Partners, etc.According to Geetika Dayal, Executive Director, TiE Delhi-NCR, “This is the collective strength of India coming together to fuel the drive and passion of young entrepreneurs.  As the largest global network fostering entrepreneurship, TiE’s core philosophy is to support startups and SMEs with opportunities and mentoring them for success. This is why our long-standing partnership with Lufthansa through initiatives such as Runway to Success and the Startup Expo is unparalleled.”last_img read more

Derrick Hall satisfied with Dbacks buying and se

first_img Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact David Johnson’s stellar performance in primetime last week earned him the FedEx Ground Player of the Week honors for Week 15.Johnson had his coming out party, rushing for 187 yards and three touchdowns.After not rushing for more than 42 yards in a game all season, Johnson has taken advantage of injuries to Andre Ellington and Chris Johnson, rushing for at least 90 yards in the past three games.The 2015 third-round pick out of Northern Iowa is starting to become well-known and breaking off runs similar to those of Marshawn Lynch will certainly help the cause. The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories 💪 David Johnson 💪47 yards of pure beast mode. #AZvsPHI— NFL (@NFL) December 21, 2015The FedEx Ground Player of the Week is a weekly NFL award given out to both the Air and Ground Player of the Week in honor of Super Bowl 50.The winners will have FedEx make a $2,000 donation in their name to the American Red Cross. Johnson was up against New York Giants running back Rashad Jennings and Houston Texans running back Alfred Blue.Ben Roethlisberger was the Air Player of the Week in Week 15. Carson Palmer has not won the award yet this season, but has been nominated three times for his performances in Weeks 1, 8 and 10. Arizona Cardinals’ David Johnson, left, breaks free of Philadelphia Eagles’ E.J. Biggers on a touchdown run during the first half of an NFL football game, Sunday, Dec. 20, 2015, in Philadelphia. (AP Photo/Michael Perez) Former Cardinals kicker Phil Dawson retires Comments   Share   last_img read more

Cyprus and India want to boost ties

first_imgPotential economic cooperation between Cyprus and India were discussed on Friday between Foreign Minister Ioannis Kasoulides and India’s Minister of State for External Affairs Mobashar Jawed Akbar who was on a visit to the island.Cyprus is already the 8th biggest investor in India, with a cumulative foreign investment of more than USD$9bn the two ministers said. They also expressed their intention to facilitate further cooperation in areas, such as new technologies and tourism.President Nicos Anastasiades is set to visit to India in late April. The Indian minister said they were working to turn this into a “landmark visit”.The two minister also referred to the Agreement on the Avoidance of Double Taxation between Cyprus and India, signed last November and the ensuing removal of Cyprus from the “Notified Jurisdictional Area” catalogue.Kasoulides referred to these developments as “an important landmark in our relations”. “It is a sign of confidence between our authorities and a conduit for further economic cooperation, considering that Cyprus is the 8th biggest investor in India,” he said.“I believe this is likely to facilitate more foreign investment,” added Akbar.Kasoulides also said: “For Cyprus, India is a trusted partner with whom our bonds of friendship have been forged through similar historical experiences in the 1950’s and beyond”.In his statements, Akbar noted that both Prime Minister Narendra Modi and India`s President Pranab Mukherjee looked forward to President Anastasiades` state visit.He paid tribute to Cyprus for being able to overcome the financial crisis, noting its “remarkable leadership”.Kasoulides and Akbar also discussed potential cooperation in various flagship programme in India as well as in the sectors of tourism, renewable energy and high technology. According to Akbar, the two sides were also working to establish direct air connections in the hope of increasing two-way tourism.The two minister also discussed regional issues, UN reform, international terrorism, developments in the EU and in India`s neighbourhood. “We share common views on crucial global issues” Akbar said.After the statements, the two men went outdoors to a nearby area near the ministry where they unveiled a sculpture donated by the Indian government to the Republic of Cyprus.The sculpture is a model of the “Konark Wheel”, a “masterpiece of architecture” according to Kasoulides, symbolising power, strength and valour. During the short ceremony, Akbar said the temple with the original carvings in India was a world heritage monument.You May LikeTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndoFigLeaf Beta AppFigLeaf brings You 3 Easy Steps to Privacy on Your Terms…FigLeaf Beta AppUndoGundry MD PrebioThrive Probiotic SupplementTop Yale Doctor: This Is What Happens To Your Body When You Eat GlutenGundry MD PrebioThrive Probiotic SupplementUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoOur View: Argaka mukhtar should not act as if he owns the beachUndoby Taboolaby Taboolalast_img

TUS Airways launches new flights

first_imgLarnaca-based airline TUS will start twice-weekly flights to two destinations in Greece – Alexandroupoli and Araxos airport in Patra – from March 27 next year. The new flights will leave from Larnaca on Tuesdays and Saturdays.TUS Airways already said earlier in December 2017, it would begin direct flights from Larnaca to Rome and Athens, as well as launch, on February 16, of a new direct flight from Larnaca to the capital of Epirus, Ioannina.The flights will on two recently-purchased Fokker jets. TUS’ fleet which already includes two Fokker 100 and two Fokker 70 jets.According to the airline, the Dutch-manufactured jets offer travellers maximum comfort and spacious leg room while allowing fast boarding of flights.“They are highly regarded as efficient, reliable and fast aircrafts, and aside from TUS Airways, it is an aircraft of choice and indispensable part of the fleet of prestigious airlines,” the company stated.The airline aims to connect Cyprus and Greece with countries in the Eastern Mediterranean as well as Europe via frequent flights, offering best comfort, convenience, competitive pricing and excellent service on board.TUS plans to operate flights to 16 destinations in 2018.You May LikeKelley Blue Book10 Electric Cars That Last the LongestKelley Blue BookUndoDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndoYahoo SearchThese SUVs Are The Cream Of The Crop. Research Best Compact SUV CarYahoo SearchUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoOur View: Argaka mukhtar should not act as if he owns the beachUndoby Taboolaby Taboolalast_img read more

Over 100 residents attend Community Shred Day hosted by Rep Marino and

first_img Categories: Marino News,Marino Photos Legislator thanks residents and the library for successful eventRep. Steve Marino and the Harrison Township Public Library recently hosted their annual “Spring Community Shred Day”. The event provides residents with secure shredding and disposal of sensitive documents to prevent identity theft. Both Marino, of Harrison Township, and the library thank the numerous residents who participated and made the annual event a tremendous success. “Everyone loved this event and the opportunity to shred sensitive personal documents that criminals could use to commit identity theft or fraud,” Marino said. Library Director Dan Hutchins echoed similar enthusiasm and stated, “In addition to protecting people from identity theft, the library staff was able to talk with residents about the many wonderful services they provide to the community. It was truly a win-win for the entire community.”Marino and Hutchins were joined by Assistant Library Director Melissa Goins, Library Board Vice President John DaVia and Library Trustee Jim Bilen in hosting the annual community event.Photo Information: State Rep. Steve Marino visits with a Harrison Township constituent during “Community Shred Day.”### 07Jun Over 100 residents attend “Community Shred Day” hosted by Rep. Marino and local librarylast_img read more

Macomb County lawmakers laud bill addressing local pollution

first_img13Dec Macomb County lawmakers laud bill addressing local pollution Budget measure key step in dealing with health threat The five Republican legislators representing Macomb County residents today applauded House passage of a budget bill to address the emerging threat posed by a type of chemical contaminant identified in the Clinton River and Lake St. Clair.State Reps. Diana Farrington, Pamela Hornberger, Peter Lucido, Steve Marino and Jeff Yaroch all voted for the supplemental budget bill to provide testing, monitoring and technical assistance at more than a dozen sites across Michigan where per- and polyfouorakyl substances (PFAS) have been found in groundwater.“I think this funding is essential to ensure the health, safety and welfare of our Macomb County communities,” said Marino, of Harrison Township, whose district includes the lake, river and Selfridge Air Base. “Although Selfridge is not one of the sites identified as polluted, I am certain it will be added to the list because of the fire-suppression chemicals that have been used there for years. We need to proactively mitigate this pollution and protect families in our communities.”The bill also funds improvements to the state’s water-testing laboratory, which does not have the capacity to test for PFAS.“Water testing is done out of state and it can take up to eight weeks for families across the state to get results,” said Farrington, of Utica. “That’s simply unacceptable. Our families deserve to have results in a more immediate manner.”Hornberger, of Chesterfield Township, said she is pleased the bill requires the party causing the pollution to pay for clean-up.“The legislation requires any private or public entity responsible for PFAS contamination, including the federal Department of Defense, to reimburse the state,” Hornberger said.Lucido, of Shelby Township, said he believes the locations identified as being polluted as only the tip of the iceberg.“PFAS are found not only in fire suppressants, but have been used in hundreds of industrial applications and consumer products such as carpeting, apparels, upholstery, food paper wrappings, and metal plating,” Lucido said. “Unfortunately, I think the contamination is more widespread than we first believed.”Yaroch, of Richmond, said it is vital not only to protect the health of families throughout the state, but also to preserve our natural resources.“Addressing contaminants and protecting our lakes and rivers is a top priority,” Yaroch said.The bill now goes to the governor for consideration.#####The supplemental bill is House Bill 4320.center_img Categories: Lucido News,Newslast_img read more

Rep Hoitenga Focus on roads communities veterans as Michigan budget process continues

first_img Rep. Michele Hoitenga today said she will continue to focus on improving roads and supporting local communities as the process of developing the state’s next budget plan continues.Hoitenga this week voted in favor of a Michigan House plan that continues record-level funding for road improvements and makes other investments to improve the economy while reducing overall spending in state government. The House – along with the Senate and Gov. Rick Snyder’s administration – will continue work toward a final budget plan in the coming months.“What matters most to families in Mecosta, Osceola and Wexford counties is what matters most to me,” said Hoitenga, of Manton. “Fixing our roads, helping people find and keep good-paying jobs, supporting local government services – that’s what I’ll be fighting for as we continue the budget process.”The House plan for the budget year beginning Oct. 1 includes:Road repairs. Funding will rise to the highest levels in Michigan history as the state addresses one of its most urgent needs. Overall, the state will have pumped more than $2 billion in additional funds into roads and bridges over a three-year period by the upcoming budget year – with more money coming in the future. Hoitenga also supports measures designed to make roads last longer and distribute road money more effectively. ### Veterans services. Support for those who served in the military is enhanced, including funding for grants to counties for local-level services. Local communities. The House plan provides more support to local governments through revenue sharing payments than proposed by the governor. “Revenue sharing helps communities provide services we all rely on,” Hoitenga said. “I will continue to fight for this important funding.” House Bills 5578-9 advance to the Senate as work to finalize the next state budget continues.center_img Categories: Hoitenga News,News 26Apr Rep. Hoitenga: Focus on roads, communities, veterans as Michigan budget process continues Education. The plan increases funding for schools with a focus on workforce training.last_img read more

Reparations Warranted or Not Wont Prevent the Next Ferguson

first_imgShareTweetShareEmail0 Shares August 29, 2014;Vox (The Weekly Wonk)Belinda Cooper of the World Policy Institute asks how the U.S. will avoid future Fergusons. She takes on issues of racial justice broadly rather than the narrower questions of what specifically happened between unarmed teenager Mike Brown and Ferguson police officer Darren Wilson. Her argument calls for “transitional justice” predicated on this country’s history as a “human rights abuser”:“The transitional justice process encompasses methods focused on the victims and the wider society, such as truthseeking, memorialization, education, institutional change, and material compensation—that is, actions that seek not only to punish, but to encourage a shared historical understanding, begin to repair the damage done, and ensure that it can’t happen again.”The first step, she says, is “official acknowledgement,” much like what the nations of the world got from Germany following World War II regarding its responsibility for the Holocaust and what Armenians have been attempting to get from Turkey in response to that nation’s genocidal actions a century ago. “Official silence negates the experience of the victims,” Cooper writes, “but it’s also damaging to perpetrator societies; it feeds denial and false narratives of history that allow tensions and resentments to persist.” That seems to mean an official apology, like the one President Reagan issued in response to the internment of Japanese-Americans during World War II. Nothing similar has been done for African-Americans or, for that matter, Native Americans, she says.Cooper adds that a necessary next step is financial reparations. Reagan, for example, provided financial compensation to the survivors of Japanese internment camps. She points out that her father, a Holocaust survivor, received a small monthly check from Germany. Agreeing with Atlantic writer Ta-Nehisi Coates, Cooper contends that the most significant compensatory scheme generated by the U.S. for black Americans was affirmative action, but the Supreme Court has consistently whittled down the scope and substance of it. Reparations in response to the disproportionate incarceration of black Americans have largely not been addressed, she contends.The challenge, of course, is that the more distant the original injustice that created the need for acknowledgement and reparations—the 1930s­–1940s Holocaust for Germans; the 18th and 19th centuries for slavery in the U.S. and the subsequent Jim Crow era—the less likely people today feel responsible for making the reparations. Cooper writes, “One of the most important aspects of successful transitional justice, therefore, lies in illuminating not only the victims’ suffering, but the ways in which an entire society continues to bear the burdens of history.”It may seem academic to some, but within the nonprofit and academic communities, there is a movement for reparations. For example, Mary Frances Berry, a former chairperson of the U.S. Commission on Civil Rights, has endorsed the idea of a “reparations superfund” to be capitalized by “institutions and corporations that profited from slave labor [and]…banks and insurance companies that had been guilty of racial discriminatory practices, such as redlining and predatory financial lending.” This debate isn’t new. Leaving aside historical references to the efforts of freed slaves to get reparations from the U.S. after the Civil War, the modern reparations debate can be traced to the writings of TransAfrica founder Randall Robinson, including The Debt: What America Owes to Blacks.Unfortunately for Cooper’s argument, a resolution of the reparations debate, if a resolution should ever emerge, is too late for current and near-term future Fergusons. The issues facing black Americans in terms of the economic and social inequities that were clearly abundant and largely ignored in suburban Ferguson are here now and likely to get worse while the nation tries, if it ever does, reversing the Supreme Court’s reversals of affirmative action or other mechanisms of reparation. Whatever the merits of reparations, the nonprofit and philanthropic sectors have to be active now in helping communities build the civic infrastructure to serve as the means for the black communities of inner-ring suburbs—many similar to Ferguson—to mobilize, to vote, to address the conditions that led not only to poverty and distress, but that allowed a policeman to pump almost a dozen bullets into the body of an unarmed teenager who, by all eyewitness accounts to date, was basically surrendering. (The Justice Department appears ready to launch a civil rights investigation of the police forces of Ferguson and surrounding communities.)Whether made to black Americans who can trace their ancestry to slaves (as some advocates of reparations suggest) or more broadly to black Americans who experience the socio-economic inequities that show up by race in this country, reparations as a benevolent gift to individuals doesn’t overcome the lack of civic infrastructure that allowed a situation like suburban Ferguson to evolve over decades.—Rick CohenShareTweetShareEmail0 Shareslast_img read more

Swisscom is using digital TV quality assurance com

first_imgSwisscom is using digital TV quality assurance company S3’s StormTest Development Center for software testing on its IPTV set-top boxes.  StormTest Development Center allows automated software testing to be executed across multiple digital TV devices. Swisscom is using the solution to test its customised Microsoft Mediaroom Client and TV apps. This simulates the customers’ experience and, according to S3, reduces the amount of time required per test.“S3 Group not only provides us with their StormTest Development Center but they also act as a professional service partner that expresses great interest in supporting and addressing Swisscom’s future test automation requirements. Any partner working together that aids in bringing our business forward is invaluable,” said Michael Krause, head of entertainment and TV test management at Swisscom. “We strive to deliver the ultimate IPTV experience to more than 600,000 customers, and as interactive services and multiple devices continue to become the norm, we need a partner who can help us ensure the highest quality of end-to-end platforms.  We have found that partner with S3 Group.”last_img read more

Multimedia Polska is beginning the integration of

first_imgMultimedia Polska is beginning the integration of Stream, the service it provider it agreed to acquire last year, and says it has identified additional synergies from the merger.The addition of Stream’s 99,000 subscribers to Multimedia Polska’s 728,000 as a result of the PLN153 million (€35 million) deal will give the operator a base of 827,000 or 1.668 million revenue-generating units, and 1.4 million homes passed, making it the country’s second largest operator.Mulimedia Polska said it planned to offer its full range of services to Stream’s customers, including broadband speeds of up to 120Mbps and its full range of digital TV services.Multimedia Polska president Andrzej Rogowski said the company had calculated it would not incur significant additional expenditure to upgrade Stream’s networks to offer its services.last_img read more

UK broadcaster Channel 5 is launching an ondemand

first_imgUK broadcaster Channel 5 is launching an on-demand player for its Milkshake! kids programming strand on connected TV platform YouView.Targeted at two-to-seven year-olds, Milkshake! offers a range of shows including Little Princess, Fifi and the Flowertots and Roary the Racing Car.“We’re very pleased to have Milkshake! on board and that they have chosen YouView as the platform on which to launch their player. We want YouView to entertain the entire family and, with favourites such as Mr Men available on-demand, there is no doubt kids will love the latest addition to YouView. We look forward to welcoming other content providers onto the YouView platform in due course,” said Richard Halton, CEO of YouView.last_img

BBC Worldwide the commercial arm of the UK public

first_imgBBC Worldwide, the commercial arm of the UK public broadcaster, has announced that Paul Dempsey will be employed as interim chief executive officer from December until incoming CEO Tim Davie’s arrival next year.Dempsey joined BBC Worldwide in 1998 as UK sales director and is currently managing director for consumer products. He will oversee BBC Worldwide from December 1 until Davie steps down as acting director-general, to be replaced by Tony Hall, in March.BBC Worldwide’s current CEO John Smith is stepping down after eight years in charge of the company in December.Dempsey said,“I am proud and privileged to have been asked by Tim to take on these responsibilities as an interim measure until he arrives early next year. BBC Worldwide is a dynamic company with exciting times ahead of it. My immediate priority will be to provide the company with leadership and direction so it can keep on delivering great returns to the BBC.”Following the move, Marcus Arthur, managing director for global brands, will take over Dempsey’s current responsibilities as acting managing director for consumer products, in addition to his current role.last_img read more

Telefónica reported a 19 yearonyear decline in

first_imgTelefónica reported a 19% year-on-year decline in pay TV customers in its home market of Spain in the first quarter, blaming the country’s “adverse macroeconomic environment” and price increases due to higher VAT for the losses.In the quarter its Spanish pay TV figures fell to 659,900 customers, compared to 710,700 in the previous quarter and 812,900 for the same three months a year earlier.However, Telefónica said that the loss “progressively eased along the quarter,” while in April it launched an “Imagenio Familiar” promotion for €10 per month instead of €29.9 until the end of August to encourage new customers.In Germany, where Telefonica runs the Alice IPTV business, pay TV customers were down 35% year-on-year to 51,300, while in the Czech republic Telefónica ended the quarter with 140,900 pay TV customers – up 2% year-on-year, but down on the previous quarter.The figures resulted in an overall 17.2% year-on-year dip in pay TV customers in Europe, with Telefonica reporting 852,200 for the quarter.However, Latin America fared better, with Telefónica reporting a 6.9% year-on-year increase in pay TV customers at 2.452 million for the quarter. Gains here were reported in Chile, Peru, Colombia, and Venezuela, though TV customer numbers fell in Brazil.Overall, Telefónica reported net profits of €902 million in Q1, up 20.6% year-on-year. However revenues were down 8.8% at €14.1 billion, which Telefónica said mainly reflected the “negative impact of exchange rate fluctuations.”last_img read more

Sky Deutschland is ontarget to become EBITDA posi

first_imgSky Deutschland is on-target to become EBITDA positive for the first time this year, benefitting from an increasingly “down-market” free-to-air market in country, according to vice president of on-demand programming Peter Schulz. Speaking at the Connected TV World Summit in London, Schulz said that Sky Deutschland still has a lot of potential to grow, with 3.4 million households subscribing to the service out of 38 million pay TV households, adding that Sky’s on-demand services are adding value to its core linear product and are helping it to “speak to a new type of customer.”“For the first time in history, we’re confident that this year on a yearly basis we will become EBITDA positive. So we’re on a turning point and we’re right in the middle of that new era of television,” said Schulz.“As many of you will know, for many years pay TV has struggled in Germany and there’s still a well established universe of free-to-air channels, operated by public broadcasters – two major private channel groups and of course a big variety of independent channels on top of that. These channels are all fighting each other for market share, but in that respect they seem to be placing their bets on volume, not so much on quality programming,” he added.Schulz said that while ad spend has not increased over the last couple of years, channel numbers keep increasing meaning that “content is spreading thinner across more channels.”“The trend is obvious. Free-to-air is even more down-market than ever before. And even though there are more channels to choose from, the value perception of the proposition of free-to-air television seems less compelling, which drives even more people to quality pay services,” he said.last_img read more

YouTube has opened up live streaming options to al

first_imgYouTube has opened up live streaming options to all verified YouTube channels that are “in good standing” – adhering to the site’s community guidelines and have not infringed on others’ copyright.YouTube said it is rolling out the feature in the newt few weeks, with users able to access the live streaming options from their account feature page.The move comes after YouTube opened up live streaming options for the first time to any channel that had more than 1,000 subscribers back in May.Prior to that, live streaming options had only been available to selected partners in order to air tentpole events such as the Coachella music festival coverage, and Felix Baumgartner’s record-breaking, Red Bull-sponsored skydive.last_img

European antitrust watchdog the European Commissio

first_imgEuropean antitrust watchdog the European Commission will reportedly review Liberty Global’s agreed takeover of Dutch cable operator Ziggo.According to a Wall Street Journal report, the regulator has been formally notified of the deal and has until April 23 to either approve it or launch a more detailed investigation.The European Commission can also choose to refer the agreement to national authorities, with the Dutch competition authority already indicating it would like to take over on national interest grounds, said the WSJ.Liberty Global agreed to buy Ziggo, in a deal that values the Dutch cable operator at roughly €10 billion, at the end of January.last_img

Portuguese pay TV operator Nos formerly known as

first_imgPortuguese pay TV operator Nos, formerly known as Zon Multimédia, has launched a YouTube app for its advanced TV service.Nos subscribers with the Iris advanced TV interface will now be able to view YouTube videos on their TV in full-screen mode thorugh Iris.last_img

Eurosport has struck a deal with Frances Ligue Na

first_imgEurosport has struck a deal with France’s Ligue Nationale de Rugby to secure exclusive international rights to the French rugby union Pro D2 league.Eurosport already holds domestic rights to the championship. The latest agreement will enable it to deliver all matches in French rugby union’s second tier league live to European markets through its OTT platform, Eurosport Player. In Asia-Pacific Pro D2 will be broadcast live on the Group’s channels.“I’m delighted by today’s announcement which reinforces our ongoing strategy of delivering the highest quality live sports programming across all our platforms,” said Peter Hutton, chief executive of Eurosport Group.“By making Pro D2 matches available on the Eurosport Player, we are significantly enhancing our OTT offer, which already includes some of the world’s most exciting sports.   And in Asia-Pacific, where we are committed to developing our content portfolio, Pro D2 is the perfect complement to the existing rugby offer which currently includes rugby union Top 14.”last_img read more