Share Name Share Symbol Market Type Share ISIN Share Description
Globaldata LSE:DATA London Ordinary Share GB00B87ZTG26 ORD 1/14P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 600.00p 580.00p 620.00p 600.00p 600.00p 600.00p 0 07:43:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 121.7 -0.8 -2.1 - 613.42

Globaldata Share Discussion Threads

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hxxp:// April 18, 2018 2:31PM PT Amazon Has More Than 100 Million Prime Subscribers, Jeff Bezos Discloses By Todd Spangler Amazon’s Prime membership program has now topped 100 million paying members worldwide, CEO Jeff Bezos said in his annual letter to shareholders. It’s the first time Amazon has revealed a specific number for Prime. But Bezos stayed opaque on numbers for its video and music businesses. He wrote in the April 18 letter that “Prime Video continues to drive Prime member adoption and retention.” Amazon Music “continues to grow fast and now has tens of millions of paid customers,” he said. Amazon Music Unlimited, the on-demand, ad-free offering, expanded to more than 30 new countries in 2017, and membership has more than doubled over the past six months, according to Bezos. Overall in 2017, Amazon shipped more than 5 billion items via Prime, its program that offers unlimited free two-day shipping on over 100 million different items in the U.S. along with other perks (including access to the original and licensed TV shows and movies on Prime Video). Prime costs $99 per year in the United States, where it first launched 13 years ago. The company last year expanded Prime to Mexico, Singapore, the Netherlands, and Luxembourg last year, in addition to the U.K., Ireland, Germany, Austria, India, Japan, Italy, Spain and France. According to Bezos’s letter, more new members joined Prime in 2017 than in any previous year, both worldwide and in the U.S. Amazon didn’t break out the number of Prime customers by region. With Amazon playing close to the vest, analysts have produced estimates for the size of the Prime base. Those have varied widely: Cowen & Co. put the number of U.S. Prime households at about 60 million as of the end of 2017, while research firm Consumer Intelligence Research Partners pegged U.S. Prime members at around 90 million as of last September. Prime Video’s highlights last year included award-winning comedy “The Marvelous Mrs. Maisel,” which won two Critics’ Choice Awards and two Golden Globes, and Oscar-nominated movie “The Big Sick,” Bezos wrote. Amazon also expanded its slate of programming across the globe, with new seasons of “Bosch” and “Sneaky Pete” from the U.S., “The Grand Tour” from the U.K. — hosted by the former team from BBC’s “Top Gear” — and “You Are Wanted” from Germany. Bezos also rattled up several upcoming Amazon Studios original series: Tom Clancy’s “Jack Ryan” starring John Krasinski; “King Lear,” starring Anthony Hopkins and Emma Thompson; “The Romanoffs,” executive produced by Matt Weiner; “Carnival Row” starring Orlando Bloom and Cara Delevingne; “Good Omens” starring Jon Hamm; and “Homecoming,” executive produced by Sam Esmail (“Mr. Robot”) and starring Julia Roberts in her first TV series. “We acquired the global television rights for a multi-season production of ‘The Lord of the Rings,’ as well as ‘Cortés,’ a miniseries based on the epic saga of Hernán Cortés from executive producer Steven Spielberg, starring Javier Bardem, and we look forward to beginning work on those shows this year,” Bezos said in the letter. In addition, Amazon expanded its Prime Channels offerings, adding CBS All Access in the U.S. and launching channels in the U.K. and Germany. Bezos also pointed to Prime Video’s streaming of NFL “Thursday Night Football” on Prime Video worldwide, which drew more than 18 million total viewers over 11 games. Meanwhile, Bezos called out Amazon’s Prime Video Direct self-publishing program. Through that, Amazon obtained subscription VOD rights for more than 3,000 feature films and “committed over $18 million in royalties to independent filmmakers and other rights holders,” the CEO wrote. Bezos has issued the annual letter to shareholders since 1997.
hxxps:// NAB 2018 highlights : Intelligent cloud, AI & machine learning with cognitive services Apr 19, 2018 | Thought Leadership Huw Dymond, Product Manager "The team returned from NAB after a jam-packed week of Blackbird meetings with end users, service providers, technology partners and distributors across the news, media and entertainment (NME) sector – from news and broadcast to online and major sports organisations (as well as everything in between). From the very start, (pre-show set up) where an owner of a traditional storage provider, asked “Has the rest of the world caught up with you yet?” – the scene was set. Like our fellow exhibitor, we understand business models are evolving and this was reflected in the interests of those attending Blackbird meetings and demos. Every year NAB becomes a hub of discussion for trending topics in the industry, and this year Artificial Intelligence (AI) and Machine Learning (ML) emerged as solutions to a problem that many haven’t recognised. Cloud is no longer a ‘maybe’ but a ‘given’ and conversations are shifting towards discussions of seamless migration. Companies are seeking new ways of minimising the spend and complexity inherent in delivering additional content to more platforms than ever before. Cognitive services emerged as a key topic, but the joined principles of ML and AI were recognised for their huge potential benefit to the industry. Cognitive services have the ability to assist automating the remaining manual workflow stages where a subjective opinion or a decision based on new, incomplete information is required. In media and entertainment, these principles are applied to gain the results of quality analysis and content analysis. In one particular meeting, the discussion highlighted huge fragmentation in the AI/ML market with over 7,000 technology providers and 10,000+ engines, up from 1,000 engines in the last 12 months. There is no doubt, many services are embedded offerings from a smaller number of core AI technologies, but the numbers are certainly not conducive to anyone wanting to carefully select a partner right now. There were also many, many demonstrations of intelligent and automated content indexing and metadata creation, yet few managed to clearly articulate the value of the service. Do we really need to know if a newsreader is wearing a purple shirt or a blue one? At Blackbird, we see great value in data and its ability to enhance or augment existing workflows. We understand that today’s workflows require progress in order to reach absolute efficiency and that the immediate challenge of AI/ML is awareness of the commercial benefits. A key driver could be captioning workflows which involve large amounts of manual and time-consuming data entry. This workflow covers traditional broadcast workflow and is crucial for online engagement. Captioning is widely used across social media platforms where a large number of consumers access feed content on mobile devices without any audio. Speech-to-text isn’t new, but when combined with AI and ML abilities to learn and continuously train – its high accuracy meets the point of realistic automation. Ensuring continual efficiency in production and delivery of meaningful content to consumers, maximises monetisation. We believe the value proposition for cognitive technologies will only increase over time and that the use of data to optimise workflows will be a key driver for the next generation of content creation and distribution."
global space services market is worth US$350 billion hxxp:// Soyuz later! Russia might exit satellite launch business Is it worth competing with SpaceX prices? By Richard Chirgwin 19 Apr 2018 at 05:02 Russia has dropped a broad hint that it might leave the space launch business to private operators. Space launches have become a relative commodity: SpaceX publishes a price list offering a Falcon 9 trip to geosynchronous transfer orbit for US$62 million, or $90 million for Falcon Heavy. Russia's official newsagency TASS carried a report suggesting the country might let the new generation of private launch vehicles have the business to themselves rather than try to build a platform that can compete with SpaceX. TASS reports Deputy prime minister Dmitry Rogozin, whose role puts him at the top of the country's defense industry, said in a television interview: “The share of launch vehicles is as small as four per cent of the overall market of space services”. Rogozin added that the global space services market is worth US$350 billion and that Russia could do better as a payload-builder than a launcher-for-hire. “The four per cent stake isn’t worth the effort to try to elbow Musk and China aside," he said. El Reg notes that India is also shaping up as a launch competitor, with its ultra-low-cost Mars orbiter and its PSLV vehicle proven since 1994 demonstrating capability and cost-competitiveness. There's a bit of realpolitik to consider here, too, because tension between the USA and Russia means the former nation isn't very keen on sending business Moscow's way. SpaceX, meanwhile, staged another boring, successful, nothing-blew-up launch earlier today, with its Falcon 9 carrying the much-anticipated NASA TESS planet-hunting satellite to orbit. 10 Comments
00:57 Amazon Prime Has More Than 100 Million Members -- Update 18/04/2018 11:35pm Dow Jones News By Austen Hufford More than 100 million people globally are now paying for Amazon Prime, a sign of how Inc. has used the service to evolve from an online marketplace that struggled with profitability into an internet-commerce powerhouse. Amazon, which has never disclosed the number of Prime members before, revealed the figure Wednesday in Chief Executive Jeff Bezos's closely followed annual letter to shareholders. Amazon also said a majority of goods sold on its platform are from third-party sellers.
a minor breakthrough in a major market Is that better than a major breakthrough in a minor market? RNS Number : 0933L Forbidden Technologies PLC 17 April 2018 Forbidden Technologies launches Blackbird® Forte into Japan with Tier 1 telecommunications operator Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology is pleased to announce a preliminary collaboration with a leading Japanese telecommunications operator through its partnership with Dragon Touch Systems Inc. Blackbird will be utilised in a specific part of the telco infrastructure to allow its B2B customers to edit and version content in the cloud. The proxy is continually uploaded to the Blackbird cloud and presented as growing files, where it is accessible to reviewers and a team of editors for daily collaboration. The team has the added advantage of speed, providing viewing and remote capabilities, which Blackbird offers without the bandwidth constraints. This proxy-based cloud workflow offers enormous benefits of time management, collaboration efficiencies and flexibility to producers and broadcasters in the region. Daisuke Matsuo, CEO at Dragon Touch Systems said, "Our customer required a powerful cloud video platform solution to process high resolution videos, and Forte's ability to support multiple languages including Japanese, made it the perfect choice. I believe Blackbird Forte will serve as a catalyst for change in a traditional Japanese broadcast landscape". Forbidden CEO Ian McDonough says, "We're delighted to announce this new deal through our partner, Dragon Touch Systems in Kanagawa, Japan. It represents a minor breakthrough in a major market. The customer has recognised the power of the platform and the ability to have a highly responsive workstation experience while working in the cloud, thanks to the Blackbird codec".
the creation of internally generated intellectual property which can be sold across multiple geographies and in multiple formats .. enhance the Group's potential to become the world's leading source of data and analytics for corporates A couple of nice phrases. GlobalData PLC Proposed Acquisition RNS Number : 3282J GlobalData PLC 29 March 2018 "Rationale for the Acquisition The Independent Directors believe that the Acquisition will further advance the Group's transformation into a global data and analytics business with a truly differentiated multi-industry offering, significantly increasing its addressable markets and enhancing the Company's long term growth opportunities. The Acquisition adds the energy industry to the Group, and significantly bolsters the recently formed construction business, following the Group's recent acquisition of MEED Media FZ LLC. It will provide complementary intelligence assets and capabilities relevant to existing healthcare, consumer and financial services industries and is consistent with the Group's strategy. Research Views Group's business will be integrated into the Group's global platform and infrastructure and will operate under the GlobalData brand, strengthening and expanding the markets and geographies the Group serves. With 23 offices located across North and South America, the United Kingdom, Asia Pacific and the Middle East, the Independent Directors believe that the Group's global infrastructure will, when combined with that of the Research Views Group, provide the opportunity for commercial and operational synergies. In particular, the Acquisition will consolidate the Group's expansion of its sales and management infrastructure across Asia Pacific, providing stronger regional capability and expertise for the Group to address the increasing growth in the global data and analytics market. Following Completion, the Independent Directors anticipate that the Group's increased subscription revenues will improve visibility of forward earnings. Furthermore, following Completion and the subsequent integration, the Independent Directors anticipate being able to leverage economies of scale from its enlarged operations and, in particular, in the creation of internally generated intellectual property which can be sold across multiple geographies and in multiple formats. The Independent Directors believe the Acquisition will rapidly strengthen and expand the Group's industry coverage for its core corporate clients and enhance the Group's potential to become the world's leading source of data and analytics for corporates."
FBT market value presently £10.38m. Https:// Award winning UK producer selects Blackbird Edit, cloud editing platform for documentary TV series London – April 3, 2018 — Forbidden Technologies plc announced today a leading factual, features and entertainment television producer selects Blackbird for a BAFTA and Emmy award winning documentary television programme. The production company selected Blackbird to replace an existing EVS system to log and edit footage. The crew will use Blackbird to quickly log media from a gallery quad split of over 50+camera feeds, over an 18-week period. This project is the first time Blackbird is used in a complete end to end fixed rig production and post production cycle. Blackbird increases the value of post production workflows by introducing a single logging toolset that moves seamlessly from location to edit suite. This enables producers and edit producers to review and search media across the entire production using rich logging metadata. Ian McDonough, the CEO at Forbidden Technologies said, “I am delighted our incredible Blackbird software is extending into a new area of production. The fact we are an end to end solution on a fixed rig show dramatically extends our reach within the industry. We are bringing all the advantages of cloud as well as speed, collaboration and cost efficiencies to the customer which is quite an irresistible combination.” Blackbird technology allows full visibility of multi-location digital content, improves time to market for live content such as video clips and highlights for social media distribution, and results in much more effective monetisation. Forbidden develops, markets and licenses a powerful cloud video platform using patented Blackbird® technology. The technology underpins multiple applications which are used by rights holders, broadcasters, sports and news video specialists, post-production houses, other mass market digital video channels and corporations. About Blackbird Blackbird is a revolutionary cloud video platform which changes the way people work with digital video, maximising the value of video assets, and increasing monetisation in an evolving broadcast and digital landscape. Blackbird is the cloud-native provider of production and delivery tools, bringing workstation responsiveness and richness together with all the advantages of the cloud. Video professionals and teams working with live/non-live or high-volume video collaborate through hyper-accelerated accessibility, editing, distribution and delivery of video more efficiently, across the world. Https://
Https:// Josh White WebFG News 29 Mar, 2018 14:50 GlobalData agrees to buy Research Views in £90m deal GlobalData announced on Thursday that it has conditionally agreed to acquire the entire issued share capital of Research Views, a company controlled by Michael Danson and Wayne Lloyd and other minority shareholders. The AIM-traded firm said that, under the terms of the acquisition, 15,957,447 new ordinary shares would be issued to the vendors of Research Views, which equates to £90m based on the volume weighted average price of an existing ordinary share of 564p over the 30 days prior to the announcement of the possible acquisition. In addition, net debt of £9.8m would be assumed by the company on completion, which included shareholder debt of £8.4m. The company would procure that the shareholder debt would be repaid by the Research Views Group to Michael Danson and his associated companies on completion, with such repayment to be funded by the company's existing banking facilities. Completion was expected to occur following the general meeting on 24 April. “This transaction consolidates the group's transformation into a global data and analytics business with a truly differentiated multi-industry offering,” said GlobalData independent committee chairman Bernard Cragg. “It is consistent with our focusing on data and analytics by strengthening our existing industry offerings and expanding the industries we cover. “The market outlook for data and analytics is encouraging with real and achievable opportunities for profitable growth.”
Interesting to see a GlobalData clothing retail analyst being interviewed on the BBC One lunchtime news today. hxxps:// hxxps://
an anti-democratic clique of bureaucrats wielding power without accountability Date: 08/03/2018 @ 20:59 Source: Dow Jones News A Sudden Promotion Sparks an Uproar in Europe By Valentina Pop and Laurence Norman An episode of palace intrigue inside the European Union's top institution has reinforced criticism of the bloc among those who see it as the plaything of unelected bureaucrats or the tool of Germany. The sudden promotion of the chief of staff of European Commission President Jean-Claude Juncker to the job of the institution's most powerful civil servant has Brussels in turmoil, and the complaints are reverberating more widely. From the EU's perspective the timing could hardly have been worse. The weekend's Italian election was only the latest to show growing anti-EU sentiment in Europe. If the commission needed to refute the popular critique of Brussels as an anti-democratic clique of bureaucrats wielding power without accountability, instead the appointment reinforced the caricature. What happened? On Feb. 21, the EU's 28 commissioners approved Mr. Juncker's recommendation that Martin Selmayr, a German national who has been the president's powerful right-hand man, should become the EU executive's secretary-general. The 47-year-old will head the permanent Brussels bureaucratic machine which stays in place as the president and commissioners and their cabinets come and go. The promotion means that Mr. Selmayr, a key architect of the Juncker commission, is positioned to remain in an influential position after the former Luxembourg prime minister's term ends next year. Mr. Juncker didn't reveal his nomination before Feb. 21. The appointment was made in a single meeting of EU commissioners in a two-step move that saw Mr. Selmayr first appointed as deputy secretary-general, then immediately promoted to the top job. "It was a surprise," Belgian commissioner Marianne Thyssen, in charge of social policy, said at a Politico event on Tuesday, though she said she supported the appointment. A national diplomat in Brussels said no government was aware that the previous secretary-general, the Netherlands' Alexander Italianer, was planning to quit, even though Mr. Juncker said after Mr. Selmayr's appointment that he had known for a couple of years. "This was a coup. No one confronted Juncker as no one had been prepared for what happened," said a person who attended the commissioners' meeting. After the meeting, commission officials indicated that Mr. Selmayr faced internal competition for the job -- but the commission later acknowledged that there was in fact no other candidate when the decision was made. Most EU capitals still seem relatively unconcerned, but a backlash is gathering force. The European Parliament is debating the appointment on Monday, after a majority in the body requested clarification from the commission. The Dutch parliament will also discuss it next week. That will create more political ruckus, even if the two bodies can't do much about it. French media, led by Brussels journalist Jean Quatremer from the left-leaning La Libération, is abuzz with fresh information and allegations. There have been several objections to the decision. First, Mr. Selmayr made enemies in Central and Eastern Europe during Europe's migration crisis, when he devised a system to decide how many migrants each country should take in -- and didn't back down when Hungary, Poland and others balked. He also became a lightning rod for criticism from the U.K. when Theresa May accused EU officials of leaking embarrassing accounts of Brexit talks to interfere with the U.K. election last May. He said he wasn't behind any leaks. Mr. Selmayr also hasn't shied away from entering political debates, though he has a nominally back-seat role. "G7 2017 with Trump, Le Pen, Boris Johnson, Beppe Grillo? A horror scenario that shows well why it is worth fighting populism," he wrote in one widely noticed tweet in mid-2016. In addition, the haste of the decision and the lack of debate has been seen as breaching the commission's aim of encouraging transparency and ensuring scrutiny. The commission said it followed its rules "religiously," as Mr. Juncker's chief spokesman put it. It said the secretary-general job was never widely advertised in advance in the past and that the commission president has always been understood as having discretion over the choice. Some are also complaining that the promotion of a German undermines the geographical balance of which country holds which posts in Brussels. German officials also hold the top administrative jobs at the European Parliament and EU foreign-service administration and head the bloc's bailout fund and its investment bank. Mr. Juncker dismissed that objection, noting that in Berlin Mr. Selmayr is seen very much as a Brussels man. "He's not an undercover agent for German politics," Mr. Juncker said. The EU is trying to revamp its legitimacy and hopes to assume command of a bigger budget and broader powers. It has set itself up, in fights with Poland and Hungary, as a champion of rule-of-law and democratic norms. "In the light of the recent developments in the household of the commission, we see that preaching about the rule of law is not authentic when it comes to the commission," Hungarian government spokesman Laszlo Kovacs said Wednesday. The handling of Mr. Selmayr's elevation may not, in the end, concern voters, and Mr. Selmayr may prove good at his job. Nonetheless, it is a gift to Brussels' many critics. --Bojan Pancevski contributed to this article.
I'm quite happy to have GlobalData providing my own private discussion board ;-) Google’s UK tax could jump seven-fold on plan for revenue levy By Tim Wallace and James Titcomb 25 February 2018 • 9:14pm Tech giants could see their UK tax bills multiply by hundreds of millions of pounds a year if the Government follows French proposals to introduce a digital levy on revenues. Google paid £36m in tax last year under current rules, with Facebook charged £5.1m. But if the Government follows through on proposals to tax revenues, not just profits, this could hit the companies far harder. Google said it had UK revenues of $7.8bn in 2016, or £5.6bn, so a 5pc tax would take £280m – more than seven-times larger than its current bill. Facebook generated £1.8bn of UK revenue in 2016, according to eMarketer, which would result in a £90m charge, more than 17-times bigger. The Treasury has not yet settled on a firm plan, and these ideas are still in the very early stages of development. Last week, France threatened to charge Silicon Valley’s big names 5pc of their turnover. France led one proposal last year, alongside Germany, Italy and Spain, to introduce a levy, known as an “equalisation tax”, which could come in at between 2pc and 5pc. A separate study from Dutch MEP Paul Tang estimated such a levy would have raised between €1.6bn and €4bn from the two firms from 2013 to 2015. The British Government is understood to be considering this among many other suggestions. Google and Facebook declined to comment.
You're a lone voice in here Rooster.I'm a long term holder and happy to sit quietly in the background for steady long term play.
10:57 GlobalData PLC 26 February 2018 Possible Acquisition The board of directors ("Board" or "Directors") of GlobalData Plc (AIM:DATA) ("GlobaData", the "Company" and, together with its subsidiary undertakings, the "Group") announces that the Company is in advanced discussions concerning the possible acquisition of Energy, Construction and Financial Services data and analytics companies, Research Views Limited, Progressive Ventures Limited, Progressive Media Ventures Limited and their respective subsidiaries (together the "Target Group"), private companies owned by Mike Danson (CEO, GlobalData) and a number of other minority shareholders including Wayne Lloyd (Managing Director, GlobalData US) (the "Vendors") (the "Acquisition"). It is envisaged that the Target Group will be re-organised prior to completion of the Acquisition to form a single group owned by Research Views Limited. It is currently expected that the consideration for the Acquisition is to be satisfied through the issue of approximately 18 million new ordinary shares in the Company to the Vendors, representing approximately 17.6% of the Company's current issued share capital. The Board intends that appropriate lock-in and orderly market arrangements will be put in place. In the year to 31 December 2017, the Target Group generated pro forma revenues of approximately £27.0m. The Directors believe the Acquisition will further advance the Company's transformation into a global data and analytics company with a truly differentiated multi-industry offering, significantly increasing its addressable market. It will add the Energy industry and strengthen the recently acquired Construction business. It will provide complementary intelligence assets and capabilities relevant to existing Healthcare and Financial Services industries. The Acquisition is commercially aligned to the Group's primarily subscription based model and is operationally complementary especially in the context of the Group's existing analyst and client service operations. Following the Acquisition the Group addresses at least 8 major global industries with a global expert community operating in 23 offices worldwide. The Acquisition is expected to be earnings accretive in the first full year of ownership. If final terms are agreed between the respective parties together with satisfactory due-diligence, the Acquisition will require the approval of GlobalData's shareholders at a general meeting. In addition, the Acquisition would constitute a related party transaction for the purposes of Rule 13 of the AIM Rules for Companies, and the Company's independent directors would, amongst other things, be required to confirm that the terms of the proposals are fair and reasonable insofar as GlobalData's shareholders are concerned. The Acquisition remains subject to binding legal agreements and there can be no certainty that these discussions will lead to a transaction. Further announcements will be made at the appropriate time.
A good article. Tech giants face UK tax overhaul as Treasury says they must pay more By Tim Wallace and James Titcomb 22 February 2018 • 7:53pm Tech giants could face sweeping new taxes in the UK as the Treasury is considering taking a share of their revenues, with politicians claiming the current level of payments to the Exchequer is not fair. The radical proposal would break the principle of levying tax on profits which is designed to make sure taxes are paid in proportion to money earned, rather than turnover. Officials grappling with the idea have even considered labelling the use of a search engine as "bartering" as web users exchange their data for the company's information – and so it could be subject to VAT, even though no money changes hands. But tax experts said the plan risks imposing double taxation on tech companies if profits are taxed in one country and revenues are taxed in the UK – pushing them to invest less in Britain as a result. "If we look at what they’re trying to say, it is that profits are being made here but they are not being taxed in the UK, it is being taxed elsewhere. So it is effectively a battle between governments over who gets the taxing rights," said Chris Sanger at EY. "What they’re trying to do is overturn the current status quo, and that will lead to double taxation. We try to avoid that because it acts as a real deterrent for companies to invest in the country." The OECD is coordinating an international effort to work out if and how to tax digital titans more, and is expected to publish a report in the coming months. But if this process is too slow or unwieldy, or fails to reach a conclusion at all, the Treasury is considering acting unilaterally. Mel Stride, the financial secretary to the Treasury, said the tax system was not designed to cope with multinational digital businesses, and a revenue levy was the "potentially preferred option". “At the moment [they] are generating very significant value in the UK, typically through having a digital platform with lots of users interacting with that platform," he told the BBC. "That is driving a lot of value, so you're looking at social media platforms, online marketplaces, internet search engines, where at the moment the tax regime is not taxing those activities fairly. "We want to move to a situation where we are taxing those activities fairly." Firmer plans could be announced in next month’s Spring Statement, when the Chancellor updates Parliament on the state of the economy and his tax and spending plans. This would not be the first attempt to raise more cash from the companies. Google and Facebook, which have historically shifted sales to their bases in Ireland, have both started to pay more tax in the UK after George Osborne’s “diverted profits tax”, a levy on companies moving revenues offshore. This is currently raising in the region of £200m to £300m per year, a sum which has been deemed insufficient by officials, hence their search for an additional levy. Two years ago Facebook began to recognise more of its revenues in the UK, which led to its bill to the Exchequer increasing last year. Google paid £36.4m in tax in 2016, the most recent set of figures, an increase on previous years after a six-year inquiry into the company’s affairs by HMRC. The companies have insisted they pay all the tax they owe, but have continued to face accusations that they are not paying their fair share. Google, Amazon and Facebook have pointed to increasing levels of investment in the UK, including promises to hire thousands of new staff, as evidence of them helping the economy. The companies did not comment but one tech industry source cautioned against the UK introducing its own measures, warning that other countries could retaliate in a way that would harm British businesses overseas. A range of practical difficulties are in the way, too, including how to define which companies should face the tax, as many more "conventional" companies also have large online business operations. The Treasury has indicated this change will target only social media firms, online marketplaces, search engines and other companies which derive significant value from customer data, obtained through "free" services. Another challenge is that taxing revenues makes life difficult for companies which are loss-making, because they have no profits from which to pay HM Revenue and Customs. Sometimes this is because companies are investing heavily – government sources indicate startup firms could be exempt from the revenue tax, in an effort to avoid stifling their investment and expansion. This too could be difficult to define, however. Amazon made little by way of profit until recent years, and tech unicorns such as Snap are fast-growing startups worth tens of billions of dollars but are not close to turning a profit. The entire digital industry is very new in historical terms so a threshold would need to be set to decide what does and does not qualify. Crossing borders to tax revenues may also be legally problematic if a company from the US or China sells adverts from a third country based on data gained from UK web users. News of a potential tax change follows the publication of a position paper alongside the Budget in November. “The Government believes in the principle that a multinational group’s profits should be taxed in the countries in which it generates value,” the paper said – which may mean where customers use the digital companies’ services, not where the websites are based or designed, which is where businesses often argue the value is generated. “Pending reform of the international framework, the Government will explore interim options to raise revenue from digital businesses that generate value from UK users, such as a tax on revenues that these businesses derive from the UK market,” the paper said. “The UK will work with other countries to consider how such a tax could be targeted, designed and co-ordinated to minimise business burdens and distortion. However, the Government stands ready to take unilateral action in the absence of sufficient progress on multilateral solutions.” At the time tax experts warned unilateral action could attract extra taxes on UK firms operating abroad. "Any moves made by the UK are likely to be mirrored by other countries, so UK digital businesses operating overseas will be equally affected," said Alison Lobb, international tax partner at Deloitte. She also warned the levy could deter cross-border trade in a highly global industry.
Blackbird is the most responsive cloud video platform available So where are the revenues? hxxp:// February 8, 2018 by Jeff Krebs New world MAMs There is a new worldview of Media Asset Management (MAM) technology. Once perceived as an integrated storage system linked to a platform facilitating distribution, it is now understood as an integral layer in the framework along with Production Asset Management, and Digital Asset Management. Today MAM technology is recognised as a critical part of the media supply chain and media companies are utilizing these frameworks to connect production and distribution to control the flow of media through its lifespan. With all the challenges of MAM requirements, including vertical integration with non-MAM processes which range from traffic, scheduling and airtime, to horizontal alliances with content production and distribution functionalities – the discussion surrounding the efficiency of content visibility through proxy browse technology gets ‘lost in translation’. For the feature/function of proxy browse, the media industry generally utilizes the H.264 codec. As commonplace as the H.264 codec is, there are some issues which need to be considered: •H.264 known profiles – careful considerations need to be made and adhered to upfront, in order to “lock into” the correct profile(s) for your entire supply chain requirements, since H.264 has a minimum of 22 known profiles. •General purpose CPUs – software implementations that run on general-purpose CPUs are typically less power efficient and below the horsepower required to process smoothly. •Bandwidth dependant – A good, non-buffering, client-side playback of a pre-created proxy is bandwidth dependent. Working “off-premise” can lead to unpredictability for the client side user experience and this can range from ‘great’ to ‘terrible̵7;. For a proxy feature/function, H.264 is a solution for the wrong problem, being forced on to a MAM when no other alternative solution was known or available…until now. Blackbird is the most responsive cloud video platform available. It is surrounded by media services and can be accessed at any time and from any location. Blackbird has the potential to fit into various levels of your media supply chain layers and works alongside your current proxy browse workflow. What is the Blackbird codec? Blackbird is designed to perform video manipulation tasks that are impossible to achieve with the H.264 codec. •A software frame accurate codec designed to exceed in navigation and manipulation, with graceful operation on slower connections. •It uses Intraframe and multiple Interframe temporal resolutions to allow efficient access at multiple frame rates and playback speeds (reverse and forward). •It uses blocks and motion compensation but avoids DCT which is slow and introduces unnatural visual artefacts. •It updates its codewords 10,000 times per second to adjust to changing content. •It allows media manipulation and fast random access for navigation. •As a software solution, it can be easily upgraded, increasing quality while decreasing bandwidth requirements. Creating a Blackbird layer is simply a matter of monitoring and scanning mounted volumes in a variety of methods that are part of your asset management integration. The creation process works independently but integrates neatly into your workflow. Blackbird can also sit neatly as a “slip-in”; or “bolt-on”; without disruption to current integrations. See how Blackbird can improve your proxy view requirements, take a test drive below:
hxxp:// NBC to Stream Live Winter Olympics Video Over Snapchat Just days after its surprisingly good quarterly earnings report, Snap says it's getting in the Olympic spirit and making NBC its first live TV partner. By Troy Dreier Posted on February 8, 2018 For the first time, NBC will stream live Olympics video to a partner: Snapchat will carry a live Olympic moment each day during prime time, starting tomorrow. Live video is a new offering for Snapchat, and NBC will be its first TV partner for live content. Viewers will be able to sign up for notifications letting them know when a live stream is about to take place. These live moments will be featured on the NBC Olympics Discover page in Snapchat. The two companies didn't say how long the live streams will last, but it sounds like they'll be highly anticipated moments from key events. NBC's statement emphasizes that viewers can "zoom in on different live angles," so viewers will probably be able to see streams that aren't part of the regular NBC broadcast. NBC has a financial interest in Snap's success, as it invested $500 million in the company during its IPO. Snapchat will also offer Olympic video in a daily Our Stories package. These curated Our Stories pieces will include custom context cards highlighting information from NBC, such as medal counts, local weather, schedules, and links to articles. To see them, viewers will need to swipe up on snaps that say "More." The Our Stories packages will combine broadcast footage, behind-the-scenes clips, and fan video. NBC will also create two original shows for Snapchat during the PyeongChang Games: Pipe Dreams and Chasing Gold. Pipe Dreams is a 4-part profile of 3 snowboard athletes, while Chasing Gold is a 17-part series on Team USA's journey. Both are available now. “Building off our successful partnership for the Rio Olympics, we’re excited to significantly expand the NBC Olympic experience on Snapchat by delivering even more content and coverage to the platform, including a live look-in on one of the most compelling moments each day during the Games,” says Gary Zenkel, president of NBC Olympics. BuzzFeed will create its own daily look at the events, using footage shot by a team in PyeongChang. BuzzFeed is an NBC partner, and will get unique access to athletes and Olympic venues. hxxp://
the U.S. will be Britain's "great trading partner" ... "We are going to make a deal with U.K. that'll be great" Roosevelt and Churchill are probably smiling in their graves. President Trump Hints at Retaliation Against EU for Unfair Trade Policies Date : 28/01/2018 @ 17:01 Source : Dow Jones News By Wiktor Szary in London and Emre Peker in Brussels President Donald Trump extended his threats of action against America's trading partners, this time hinting at major retaliation against the European Union for what he described as its "very unfair" trade policy toward the U.S. Mr. Trump has repeatedly complained about global trading arrangements that he says discriminate against the U.S. and has threatened steps that have fanned anxieties around the world about U.S. protectionism and the possibility it could set off a global trade war. His comments about the EU come days after he imposed steep tariffs on imports of solar panels and washing machines, a move aimed mainly at curbing imports from Asia. They were the first of what administration officials said would be a series of trade-enforcement actions in the coming months. "I've had a lot of problems with European Union, and it may morph into something very big from that standpoint, from a trade standpoint," Mr. Trump said in an interview with the U.K. broadcaster ITV, due to be aired later Sunday. The U.S. response would be "very much to their detriment," he said of the EU. "It's a very unfair situation. We cannot get our product in. It's very, very tough," he said. "And yet they send their product to us -- no taxes, very little taxes." Excerpts from the interview, conducted on the sidelines of the World Economic Forum in Davos, Switzerland, were published by The Mail on Sunday, the U.K. newspaper. The EU's executive branch -- the European Commission -- didn't immediately respond to a request for comment. Mr. Trump has frequently criticized multilateral trade agreements, and suggested he favored bilateral deals, while expressing concern about America's trade deficits with other countries. Shortly before taking office, he called the EU a "vehicle for Germany." After his trip to Europe in May, his first foreign visit as president, he also threatened action against Berlin. "We have a MASSIVE trade deficit with Germany.... Very bad for U.S. This will change," President Trump tweeted after meeting last year with EU and European leaders during a North Atlantic Treaty Organization summit in Brussels. The EU has regularly warned that U.S. actions smack of protectionism and risk undermining international free trade. Mr. Trump's decision to impose levies on solar panels and washing machines drew ire from Brussels. European solar panels make up about 2% of all U.S. imports. An EU official said the bloc would review the measures and react "firmly and proportionately" if the measures significantly impacted European exports. Mr. Trump has long promised to pursue a harder trade line in defense of U.S. manufacturers. On his first workday in office a year ago, he signed an order withdrawing from the Trans-Pacific Partnership, a 12-nation trade agreement being negotiated by his predecessor, Barack Obama. The president, however, signalled a potentially major policy shift on Friday in Davos, saying the U.S. "would consider negotiating" a trade deal with TPP countries, individually or as a group. Mr. Trump also is renegotiating the North American Free Trade Agreement, a 1994 trade pact between the U.S., Canada and Mexico. In the interview Sunday, Mr. Trump also criticized Britain's approach to negotiating its exit from the EU, scheduled for March 2019, saying he "wouldn't negotiate it the way it's [being] negotiated." Mr. Trump said "I think I would have said that the European Union is not cracked up to what it's supposed to be. And I would have taken a tougher stand in getting out." Mr. Trump, however, reiterated his commitment to striking a bilateral trade deal with the U.K. once its departure from the EU made that possible, saying the U.S. will be Britain's "great trading partner." "We are going to make a deal with U.K. that'll be great."
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