Tag Archives: Entertainment Production (TRBC level 4)

UPDATE 1-Fashion group Tod put Instagram star Chiara Ferragni on its board | Instant News


* Shares in Tod’s jump more than 5% after the announcement

* The company aims to win over young people to drive growth (Adds details)

ROME, April 9 (Reuters) – Italian fashion group Tod’s said on Friday that it is appointing Instagram star and influencer Chiara Ferragni as a board member, stepping up its efforts to win over the younger buyers driving the sector’s growth.

The luxury leather goods maker shares jumped more than 5% after the announcement of Ferragni, a 33-year-old Italian digital entrepreneur with more than 23 million followers on his Instagram account where he shares fashion and style advice and raises awareness about social issues. .

“We believe that Chiara’s knowledge of the world of youth, combined with the experiences of other board members, can build thinking focused on solidarity with others, with a strong focus on the younger generation, who, now more than ever, need to be heard,” Tod said. .

Tod’s, known for his shoes, launched a new strategy in late 2017 to change his brand and appeal to younger consumers, but the COVID-19 pandemic has hampered his efforts. Sales fell by nearly a third in 2020 due to lockdowns and falls in tourism, marking the fifth consecutive year of annual sales decline.

“Ferragni’s entry into Tod’s board will lead to increased brand visibility, and investors hope this will help in driving group sales in today’s challenging market,” said a Milan-based trader.

Generations Z and Y, born after 1995, will meet about two-thirds of total demand in the luxury goods sector by 2025, up from about 45% in 2019, consultants Bain said in its latest estimate.

“Chiara’s knowledge of the youth world is invaluable,” said Diego Della Valle, Tod’s founder and top shareholder.

Reporting by Claudia Cristoferi; Edited by Giulia Segreti and Pravin Char

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Oscar winner Dustin Lance Black urged Britain to ban LGBT + conversion therapy | Instant News


LONDON, April 7 (Thomson Reuters Foundation) – Oscar-winning screenwriter and filmmaker Dustin Lance Black on Wednesday accused Britain of “neglecting the lives of queer people” by failing to fulfill a three-year promise to ban LGBT + conversion therapy.

The United Nations has called for the practice, which aims to change a person’s sexual orientation or gender identity, to be banned globally.

Brazil, Ecuador, Malta and Germany have adopted forms of national bans, while parts of Australia and Canada are considering restrictions and at least 20 US states ban them for minors.

Black – who has built a remarkable US sailing career from keeping track of LGBT + rights – said his adoptive homeland in Britain knew the risks of treatment but had not acted on it.

“This government ignores the lives of freaks,” the US screenwriter told the Thomson Reuters Foundation in a video call from her home in south London, which was shared with her husband British Olympic diver Tom Daley and their two-year-old son, Robbie Ray.

“There is no urgency from this government to protect LGBTQ people,” said the 46-year-old Oscar winner. “We keep hearing, ‘Soon, soon, soon’. Well, I’m sorry to tell this government that the ‘soon’ came and went years ago now. “

Former Prime Minister Theresa May vowed to ban conversion therapy by 2018.

But Black – who won the original screenplay Oscar for the 2008 film “Milk” about LGBT + activist Harvey Milk – noted that more than 1,000 days have passed.

“I feel fairly confident that if there is a therapy in the UK that targets heterosexual people to change something fundamental about them, and that the main outcomes of this therapy are depression, suicidal thoughts and suicide, then that therapy will be banned in 24 hours. -hours, “he said.

A 2019 survey by the suicide prevention group The Trevor Project found 42% of young LGBT Americans on conversion therapy reported a suicide attempt in the past year.

Nearly 700,000 Americans have undergone conversion therapy, half of whom are under 18, according to the UCLA Williams Institute.

A spokesman said the British government wanted to “stop conversion therapy” and would come up with a proposal soon.

Black, who is behind the hit ABC series “When We Rise” which charts LGBT + rights, says procrastination has had a “measurable” impact on British lesbian, gay, bisexual and transgender people. “The government itself has reviewed this matter and still hasn’t done anything,” he said. “They should care very little about LGBTQ people, our self-esteem, our self-confidence.”

In the 2018 National LGBT Survey, the UK government said nearly 2% of respondents had undergone conversion therapy and another 5% had been offered it. (Reported by Hugo Greenhalgh; Edited by Lyndsay Griffiths. Please pay tribute to the Thomson Reuters Foundation, the Thomson Reuters charity, covering the lives of people around the world who struggle to live free or fair. news.trust.org)

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The digital show will still be there as fashion week changes | Instant News


NEW YORK (Reuters) – From models pacing inside empty museums to designers absent from the catwalk calendar, this season’s virtual fashion week has been reimagined with a new look that many hope will last as traditional runway shows resume.

FILE PHOTOS: A giant screen installed in the San Babila square streams the Prada Fall / Winter 2021/2022 digital show during Fashion Week in Milan, Italy, February 25, 2021. REUTERS / Alessandro Garofalo

Covid-19 restrictions forced fashion weeks of New York, London, Milan and Paris to go virtual last year, with brands rethinking how to create catwalk shows online.

While many are optimistic about the return of events typically attended by buyers, editors and celebrities, digital presentations – which have opened fashion week to a wider audience – are likely to remain.

“Digital first is really something we will continue to see,” UK Fashion Council Chief Executive Caroline Rush told Reuters.

While streaming events are nothing new, the pandemic has accelerated a shift in an industry that has in recent years turned to social media to target younger consumers.

Several labels, including Gucci and Tommy Hilfiger, were absent from fashion week this season. Versace presents the collection after the usual showcase of Milan Fashion Week ends.

“We will see physical runway shows from these very big brands capable of hosting multimillion-dollar entertainment events. But they may not be present during traditional fashion week and they may have an audience that is mostly made up of customers, “said Lauren Sherman, chief correspondent for The Business of Fashion.

“There’s a real change in the balance of power that’s already happening … But now there’s a proof of concept that if you want to ignore fashion week, it probably won’t hurt your bottom line.”

Before the usual expensive catwalk shows, most brands streamed pre-recorded videos on fashion week platforms.

Showcased this season plenty of bright colors to lift the mood in an industry that has seen shops, factories and studios close in the pandemic.

“Most of the fashion week outside of the show is community getting together … feeding (ing) that creativity and so, with that flaw, it’s not the same,” designer Rebecca Minkoff, one of the few to hold a live presentation in New York , said.

“But for those who are capable of being creative and innovative, now is the time to find out how you pivot and for those who do, I think there is a big opportunity.”

Reporting by Alicia Powell in New York and Marie-Louise Gumuchian in London; additional reporting by Hanna Rantala, editing by Emelia Sithole-Matarise

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UPDATE 1-Italia wants Open Fiber control in the broadband launch drive – source | Instant News


* CDP will not take any precautions on Open Fiber stock sources

* CDP wants a 10% stake in Open Fiber for source control

* TEAM board including CDP Chairman – source (Records by raising stakes, adding comments, background)

ROMA / MILAN, 22 Feb (Reuters) – Italian state lender Cassa Depositi e Prestiti (CDP) wants to increase its stake in Open Fiber to 60% to take control of the broadband company, sources say, as Rome moves ahead with plans to increase ultra-fast connectivity across the country.

CDP will not exercise its first refusal rights on the 50% utility stake that Enel sells in Open Fiber but wants to increase its own stake to 60%, two sources close to the matter said.

Enel, which co-owns Open Fiber with CDP, is in talks to sell 40% to 50% of the fiber infrastructure group to Australian fund Macquarie in June.

Under the deal, Macquarie will pay 2.65 billion euros ($ 3.2 billion) for a 50% stake, although any final price may fluctuate depending on a series of acquisition clauses.

The source said CDP would relinquish its pre-emption rights but entered into talks to buy a 10% stake in Open Fiber from Enel, and negotiate governing rights with Macquarie to take full control.

Former Italian Economy Minister Roberto Gualtieri has tried to create a full-fiber national network by combining Open Fiber with Italian Telecom (TIM) landline assets.

New Prime Minister Mario Draghi has put digital infrastructure at the heart of his government’s agenda, but he hasn’t clarified whether he intends to implement an integrated network project and under what conditions.

Controlled by the Ministry of Finance, CDP is the second largest shareholder of TIM behind French media giant Vivendi but never holds a board seat.

A third source said on Monday that the list of Telecom Italia candidates to be presented for the new council at the annual general meeting would include CDP Chairman Giovanni Porno Tempini.

TIM will reveal the list on Tuesday. The source said the CDP could summon a new council on Thursday to discuss its support for the list.

Telecom Italia and CDP declined to comment while Enel could not be reached for comment. ($ 1 = 0.8229 euros) (Reporting by Giuseppe Fonte, Stephen Jewkes, Elvira Pollina; Editing by Richard Chang)

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FACTBOX-EU is unlikely to face a Facebook news ban after Australia | Instant News


BRUSSELS, February 19 (Reuters) – Facebook has blocked people in Australia from accessing and sharing news content in a dispute with the government requiring it to share news revenue.

Jurisdictions around the world have enacted rules requiring Google, Facebook and others to share revenue with publishers, including a 2019 directive from Brussels which EU countries will enact into law in June.

So, is the EU likely to face a Facebook news ban similar to the one imposed in Australia? Not. Here are a few reasons:

EU COPYRIGHT RULES

Approved in 2019 to help Europe’s creative industry earn a fair share of revenue, EU copyright rules require Google and other online platforms to sign licensing agreements with musicians, artists, writers, news publishers and journalists to use their work.

The rules do not force online platforms to pay for links posted by publishers to their news sites, Facebook’s main complaint with the Australian government.

In France, which is one of the first EU countries to implement the new rules, news publishers have reached an agreement with Google which, according to the European Commission, the EU executive, is a clear sign that copyright rules are effective in leveling the playing field. .

The so-called Media Bargaining Code is based on Australia’s competition law, which underlines a tougher approach than the EU.

FACEBOOK NEWS

Facebook sought to relieve pressure from news publishers last month by launching Facebook News in the UK and listing new partners Channel 4 News, Daily Mail Group, DC Thomson, Financial Times, Sky News and Telegraph Media Group above other news outlets.

Now they are looking for French and German media companies before launching services in the two countries.

EUROPEAN MEDIA GROUP

European media groups, part of the driving force behind EU copyright rules, do not have the same influence and geographic scope as News Corp, which struck a global deal with Google on Wednesday.

Large companies such as Germany’s Bertelsmann and French group Vivendi dominate their national markets due to language and cultural differences across the block. (Reporting by Foo Yun Chee, editing by Timothy Heritage)

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