Connect with us

Media

Trump invites UK's Johnson to White House in new year- British media – Financial Post

Published

 on


U.S. President Donald Trump has invited British Prime Minister Boris Johnson to visit him in the White House in the new year, British media reported on Sunday.

The Sunday Times newspaper reported that Trump’s invitation to Johnson was made after the British prime minister’s recent election win. Formal discussions on the exact timing of Johnson’s visit are yet to held, the newspaper reported, citing Downing Street sources.

“Some potential dates have been floated in mid-January but nothing has yet been formally agreed. But it is clear that both sides want to make it happen some time in early 2020,” the Times quoted a source close to the White House as saying.

Johnson is reluctant to make the visit before delivering Brexit on Jan. 31 and prefers to go after a cabinet reshuffle scheduled in February in which he is expected to appoint cabinet office minister Michael Gove as his new trade negotiator, The Mail on Sunday reported.

Such an arrangement could let Johnson take Gove with him ahead of the talks of a post-Brexit trade deal with the United States, according to the report.

The development comes as Johnson won approval for his Brexit deal in the British parliament on Friday, the first step towards fulfilling his election pledge to deliver Britain’s departure from the European Union by Jan. 31.

The parliamentary approval followed Johnson’s landslide election victory earlier this month.

As Britain prepares to leave the bloc, Johnson and Trump agreed in a phone call on Monday to pursue an “ambitious” UK-U.S. free trade agreement.

After Johnson’s election win, Trump had said Britain and the United States were now free to strike a “massive” new trade deal after Brexit.

“This deal has the potential to be far bigger and more lucrative than any deal that could be made with the E.U.,” Trump had said in a tweet earlier this month.

The White House did not immediately respond to a request for comment on the reported invite to Johnson.

(Reporting by Kanishka Singh in Bengaluru; Editing by Simon Cameron-Moore and Sam Holmes)

Let’s block ads! (Why?)



Source link

Media

Netflix is not in deep trouble. It's becoming a media company – CNN

Published

 on


New York (CNN Business)Netflix has had a terrible 2022. In April, it said it lost subscribers for the first time since 2011. Its stock has tumbled more than 60% so far this year.

Yet its recent struggles may not be the start of a downward spiral or the beginning of the end for the streaming giant. Rather, it’s a sign that Netflix is becoming a more traditional media company.
Netflix (NFLX) was originally valued as a Big Tech company, part of the Wall Street acronym, “FAANG,” which stood for Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix and Google (GOOG). Wall Street once valued the company at about $300 billion — a number on par with many Big Tech companies that Netflix’s business model ultimately couldn’t live up to.
“I think Netflix was extremely overvalued,” Julia Alexander, director of strategy at Parrot Analytics, told CNN Business. “Unlike those companies that have different tentacles, Netflix does not have a lot of tentacles.”
But Netflix was never really a tech company.
Yes, it relied on subscriber growth like many companies in the tech world, but its subscriber growth was built on having films and TV shows that people wanted to watch and pay for. That’s more a like a studio in Hollywood than a tech company in Silicon Valley.
Netflix looked a lot more like a tech company than, say, Disney, Comcast, Paramount or CNN parent company Warner Bros. Discovery. But as those traditional media companies start to look a lot more like Netflix, Netflix in turn is starting to take page out of its rivals’ playbooks: It’s going to start serving ads and it has been releasing some shows over the course of weeks and months rather than all at once.
Netflix has said that its cheaper ad tier and clampdown on password sharing may come next year. It’s partnering with Microsoft (MSFT) for its ad business.
“I think in many ways the moves Netflix are making suggest a transition from tech company to media company,” Andrew Hare, a senior vice president of research at Magid, told CNN Business. “With the introduction of ads, crackdown on password sharing, marquee shows like ‘Stranger Things’ experimenting with a staggered release, we are seeing Netflix looking more like a traditional media company every day.”
Hare added that Netflix’s former business strategy, which was “once sacrosanct is now being thrown out the window.”
“Netflix once forced Hollywood deeply out of its comfort zone. They brought streaming to the American living room,” he said. “Now it appears some more conventional practices could be what Netflix needs.”
At Netflix right now, “a lot of these strategic moves are being made as they mature and move into the next phase as a company,” noted Hare. That includes focusing on cash flow and revenue rather than just growth.
“In other words, old school business,” he said.
— CNN Business’ Moss Cohen contributed to this report.

Adblock test (Why?)



Source link

Continue Reading

Media

City of Brandon – August 7th Media Release – City of Brandon –

Published

 on


For the last 24 hours:

Drinking in Public Leads to Multiple Criminal Charges:

At about 11:40 AM Saturday morning, it was reported that a male subject was acting bizarrely in and around the 700 block Rosser Ave.  When located in the area, the 21 year-old was drinking an alcoholic beverage so was detained under the LGCCA.  He was subsequently found to be in breach of multiple conditions of two separate Probation Orders.  Search incident to arrest revealed a machete in his backpack.  He disclosed taking an unknown quantity of unknown pills, so was released on appropriate police imposed conditions as he was receiving medical assessment and treatment.  He is to appear in Court on October 3rd, facing one count of possessing a weapon and six counts of failing to comply with a Probation Order.

Break & Enters:

An unlocked attached residential garage on Falcon Crescent was entered overnight on Friday and tools were stolen.  Some of those were recovered strewn across neighbouring property.

A resident in the 300 block 27th Street reported that the detached garage had been forcibly entered overnight Thursday – Friday.  The complainant was unsure if anything had been stolen but the walk-through door frame had been damaged during the incident.

Theft With Threat:

At about 3:50 PM Saturday afternoon, it was reported that a resident in the 700 block 20th Street had been robbed of a bicycle approx. 20 minutes prior, while in his back yard.  Police attended and spoke with the victim who related that an unknown male came into his back yard and stole an old bicycle of no value, and brandished a knife while doing so. The suspect left without further incident.  The suspect was described as Indigenous in appearance, 6’5”, skinny, wearing a blue hoodie, black bandana and hat.  The knife was pulled from the front right pants’ pocket.

Arrest Warrants:

A 28 year-old female was encountered in the 700 block 18th Street Saturday evening, with personal effects strewn about a business vestibule.  A records query revealed a warrant for arrest for failing to comply with a Probation Order. She was arrested and released on scene with a court date of October 3rd.

Just before midnight Saturday night, Brandon RCMP advised having a 51 year-old male in custody on the strength of a BPS held warrant for arrest for sexual assault.  RCMP had attended to a complaint in Glenboro and encountered the accused.  He is held in custody and will appear before the court later today.

Motor Vehicle Collision With Injuries:

At 11:15 PM Saturday night, 911 reported a two vehicle collision at the intersection of Russell Street and Madison Crescent.  Two occupants were stuck in a vehicle that had rolled over onto its’ side.  The investigation revealed that the driver of the rolled vehicle failed to stop at the stop sign. That driver was transported to BRHC by EMS with non-life threatening injuries. The second driver was uninjured.

Others:

Several people were detained from separate incidents, for their own safety or to prevent a breach of the peace, due to their level of intoxication.  They will be held in custody until sober enough to care for themselves.

RELEASE AUTHORIZED BY:

A/Staff Sergeant Dallas Lockhart, #101

C Platoon

~~~~~~~~~~~~~~~~~

Anyone with information on any unsolved crime is asked to call Brandon Crime Stoppers at 204-727-(TIPS) 8477, www.brandoncrimestoppers.com or by texting BCSTIP and your message to CRIMES (274637).  Crime Stoppers pays up to $2000.00 cash for information that leads to the solution of a crime.

CRIME STOPPERS 204-727-TIPS

 

Adblock test (Why?)



Source link

Continue Reading

Media

Social Media Buzz: Taiwan, Indiana Abortion Ban, Kim and Pete – Bloomberg

Published

 on


[unable to retrieve full-text content]

Social Media Buzz: Taiwan, Indiana Abortion Ban, Kim and Pete  Bloomberg



Source link

Continue Reading

Trending