Tag Archives: media

US Money Men Eye Profit in Germany’s Fan-First Football League | Instant News


Photographer: Lars Baron / Getty Images

American money began to catch up with German football, where decades of strict ownership rules favored spectators over speculators.

Sensing the opportunity to enter one of Europe’s wealthiest leagues and not being swayed by a fan base that sometimes turns down wealthy owners, US businessmen Paul Conway and Jordan Gardner are among the deals eyeing. Their interest came with clubs including the opening of Eintracht Frankfurt and SC Paderborn 07 to possibility of external investment.

Even before the coronavirus crisis closed off arenas and sent football clubs looking for ways to shore up their finances, people in Germany were looking for ways to start bridging the money gap with rivals in England and Spain.

“Germany is attractive to us strategically,” Conway, co-founder of the investment firm Pacific Media Group, said in a telephone interview. “We have approached a number of clubs to see if there is a common philosophy and to see if we can help.”

The Bundesliga is home to the world’s greats, including Robert Lewandowski, and rising stars like Erling Haaland. The clubs, such as FC Bayern Munich, Borussia Dortmund and FC Schalke 04, known for their passionate fan base. Bundesliga matches have the highest average attendance in Europe’s top five leagues, according to Deloitte.

Conway said the country’s teams were a good fit for the existence of his company stable European lower league football club, which is managed with a focus on developing young talent and a more attractive attacking style of play.

“A lot of teams play with a high press, they have a balanced budget and are committed to young players,” according to Conway, who said Pacific Media could make more than one investment in Germany.

Liquidity Extortion

Germany’s top division saw its major revenue streams start to dry up last year

Source: DFL Economic Report 2021


Among those weighing money from outside is SC Paderborn 07, according to people with knowledge of the matter. The second division German team had held discussions with at least one American group, said the people, asking not to be named discussing classified information.

Eintracht Frankfurt, one of Germany’s most famous teams, have also been exploring the possibility of introducing new investors, said people familiar with the club’s thinking. It has held preliminary talks with bankers about its potential value in any minority stake sales, one of the people said. The club board has yet to make a formal decision on whether to pursue a deal, others said.

Representatives for Eintracht Frankfurt and SC Paderborn 07 declined to comment.

Last year, an international group of investors approached third tier club TSV 1860 Munich to buy a majority stake, according to someone with knowledge of the matter. The consortium has yet to reach an agreement with the club’s main investor, Jordanian businessman Hasan Ismaik, the person said.

FBL-GER-BUNDESLIGA-DORTMUND-FRANKFURT

Dortmund’s Erling Braut Haaland missed a goal against Eintracht Frankfurt during the match on April 3.

Photographer: Ina Fassbender / AFP / Getty Images

TSV 1860 Munich representatives declined to comment, referring questions to Ismaik. Attempts to contact Ismaik via TSV 1860 Munich and other companies he owned were unsuccessful.

“Many, including myself, see Germany as an untapped and potentially lucrative market,” said Gardner, an American football executive who has minority investments in Swansea City AFC England and Dundalk FC in Ireland, and is a majority shareholder in FC Helsingor Denmark. .

Covid Crunch

Clubs in the top two divisions of the Bundesliga generated around 4.5 billion euros ($ 5.3 billion) in revenue during the 2019/2020 season, 5.7% less than the previous year, according to numbers from DFL. Germany’s sports body warned that the impact on the latest season would be more severe as a result of the ongoing stadium lockdown.

“Covid will have an impact on the ownership structure of the German team in the long term,” said Daniel Erd, a lawyer at Pinsent Masons in Germany. “In the end they will not find a long-term solution other than external investment.”

A DFL representative declined to comment.

Since 1998, the so-called 50 + 1 the rules has prevented commercial investors from holding more than 49% of the voting rights in any German club. The edict has been credited with keeping the country’s wage bills and ticket prices low compared to other major European leagues, where super-rich investors have poured millions into buying players but led to rising costs for fans.

“The 50 + 1 rule model ties a bit of the football industry with regular fans through a membership-owned system,” said Tilo Zingler, founder of the official Borussia Dortmund fan club in the US. “As a fan, I can have my say. “

Loyal fans

German football matches attract the highest average audience in Europe

Source: Deloitte


There are outliers. VfL Wolfsburg is owned by automobile giant Volkswagen AG, and Bayer 04 Leverkusen by the pharmaceutical group Bayer AG. These clubs were exempt from 50 + 1 because their owners had invested consistently for more than two decades. The other is TSG 1899 Hoffenheim, whose billionaire owner – co-founder of SAP SE Dietmar Hopp – has become divide strength in German football.

The emergence of RB Leipzig, supported by energy drink maker Red Bull GmbH, is the latest example of a shift in the fan-first culture that has earned it the nickname of a “plastic” club by rival supporters.

This resistance for more conspicuous owners did not deter wealthy Americans.

“In general, German clubs are well managed, and well supported commercially,” said Gardner. “Opportunist investors are eager to get into German football.”

– With the help of Stefan Nicola, and Jan-Henrik Foerster

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PNG Rugby Star Is Born And Health Experts Gather to Tackle Covid-19 Misinformation | Instant News


Rugby player Will Genia joins regional health experts to call for dissemination of misinformation about Covid-19 and to press for vaccine uptake across the Pacific

PNG-born rugby champion and UNICEF Ambassador, Will Genia, has joined health experts from the World Bank and Marshall Islands health sectors on the latest episode of the Pacific Vosa podcast to discuss the Covid-19 vaccine and the need to combat misinformation across the Pacific and Papua New Guinea.

In the episode, host Arieta Rika spoke to Genia, along with Dr Edith Kariko from the World Bank PNG, and Francyne Wase-Jacklick from the Marshall Islands to discuss vaccine collection and the spread of misinformation around Covid-19 and vaccines. Guests also discussed urgent steps to encourage community members to get vaccinated, with vaccines starting to be given in Papua New Guinea, Solomon Islands, Fiji and elsewhere.

In a new episode Will Genia, insisted that fighting misinformation is the key.

“Obviously now with all that is improving in Papua New Guinea, we have to take this seriously and get rid of misinformation and misunderstanding around vaccines,” Genia said.

Genia, whose brother in Port Moresby recently contracted COVID-19, focuses on the complexities of fighting misinformation in Papua New Guinea: “It’s very difficult to do with the language barrier regarding how many languages ​​we have in our country. The nature of the country with communal life and lack of resources; it’s pretty tough unless the individual takes it seriously. “

Dr. Edith Kariko, Senior Health Specialist for the World Bank in PNG, said that while all new vaccines naturally carry some degree of uncertainty, one should remain focused on communities and families when considering whether to get vaccinated. “Of course, with every new thing comes a degree of nervousness, but I would encourage everyone to think about protecting not only themselves, but also their families when they make this decision.”

On the issue of significant misinformation and conspiracy theories related to Covid-19 being shared in PNG and the wider region, Dr. Kariko points out the importance of ensuring the right information is conveyed in a simple and effective manner to PNG rural audiences. “As a public health specialist, I think the facts have to be interpreted for everyone’s consumption. How we receive information needs to be made strategies and scientific facts must be conveyed in a simple manner. Strategies for targeted vaccine messages in rural and remote areas also need to carefully consider the cultural relevance of these messages.

Francyne Wase-Jacklick, Deputy Secretary of the Office of Health Planning, Policy Preparedness & Epidemiology at the Ministry of Health & Human Services in the Republic of the Marshall Islands, is one of the country’s first recipients of the Covid-19 vaccine.

Ms Wase-Jacklick highlighted the initial containment of COVID-19 on Marshall Island and the country’s successful vaccine launch through a clear and targeted message. “Through a very strict repatriation protocol, we can protect the transmission of Covid from the community.

“We were also able to achieve a high acceptance rate of the vaccine here at RMI … at first there was uncertainty but through communication and risk information that constantly went out to the public – press releases and text messages – and using every outlet we had to share information, “The vaccination program has been a success.

However, Wase-Jacklick points out that this requires multiple people to play their part in sharing information and fighting misinformation. “I think this has a lot to do with leadership not only from the government, but also from community leaders and frontline workers.

“My hope is that RMI can be an example, sharing what works … we can become a model for our public health interventions and we can share with others. Maybe [other
Pacific Island countries] can adjust what we do here, “added Wase-Jacklick.

That Your Podcast celebrates the voices of the Pacific and Papua New Guinea and discusses the future of the Pacific region. The series is hosted by Fiji-born Arieta Rika and produced by Good Will Media with World Bank support in Papua New Guinea and the Pacific. This episode was done in collaboration with Contains This – a podcast produced for the Australian Government’s Center for Indo-Pacific Health Security covering the future of global health.

© Scoop Media

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FIFA Women’s World Cup 2023 ™ – News – A bidding process is launched in Australia and New Zealand for media rights to the 2023 FIFA Women’s World Cup ™ | Instant News


FIFA has opened two tender invitations (ITT) for media rights over FIFA Women’s World Cup 2023 ™ in Australia and New Zealand’s host market.

The tender process will allow FIFA to select the media companies best placed to achieve FIFA’s goal of providing maximum exposure for the tournament and offering fans in Australia and New Zealand a high-quality viewing experience when FIFA’s flagship women’s competition is held there in 2023.

Last week, FIFA announced nine Host Cities and ten stadiums in Australia and New Zealand where matches will be played during the tournament. The Eden Gardens in Auckland will host the opening matches of the FIFA Women’s World Cup 2023 ™, with the Australian Stadium in Sydney selected to host the Final. The combination of a host city and world-class venues in both countries will provide fans with an extraordinary atmosphere and experience.

Since its inception in 1991, the FIFA Women’s World Cup ™ has grown rapidly to claim the crown of the single most-watched sporting event for women worldwide, its newest edition – the 2019 FIFA Women’s World Cup France ™ – attracted a record audience of over 1.1 billion viewers, and broke domestic audience records in many regions.

Following the tremendous success of the 2019 event, the decision was made to expand the tournament and thereby continue to nurture the growth of women’s football. The FIFA Women’s World Cup 2023 ™ will feature 32 teams (previously 24), who will compete in the first ever FIFA Women’s World Cup to be co-hosted by the two countries.

Media companies or organizations wishing to participate in the tender process can request ITT by email. Interested parties should contact [email protected] or [email protected]. Submissions to FIFA must be received by 10:00 CEST on Tuesday, 11 May 2021.

In line with media rights tenders for the 2023 FIFA Women’s World Cup ™ in Australia and New Zealand, FIFA has also launched a media rights tender for the leading women’s competition in the Pacific Islands *. In addition to the FIFA Women’s World Cup 2023 ™, FIFA is tendering media rights to FIFA World Cup 2022 ™ in this region. Interested parties in any of the tenders for this region should contact [email protected]. For Pacific tenders, bidders are required to submit their bids by 06:00 CEST on Tuesday, May 4, 2021.

Through the sale of media rights to football tournaments, FIFA generates important revenues to support and develop football worldwide, for example through the FIFA Forward Football Development Program.

* The following regions are included in Pacific Island ITT: American Samoa, Cook Islands, Fiji, French Polynesia, Kiribati, Federated States of Micronesia, Nauru, New Caledonia, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu; and Wallis and Futuna.

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Saudi Arabia’s new luxury magazine: Progress or ′ fashion-washing ′? | Middle East | News and analysis of events in the Arab world | DW | Instant News


The Saudi print media landscape has recently been expanded with the publication of the upscale lifestyle magazines Harper’s Bazaar Saudi and Esquire Saudi. Licensing and promotion of the shiny business the newest addition to Saudi Crown Prince Mohammed bin Salman’s “Vision 2030” strategy, the social, cultural and economic overhaul of the kingdom’s conservative rule.

“Fashion publishing has the potential to become a strong platform to tell the story of local Saudi fashion talent, and encourage cultural exchange,” said Princess Noura bint Faisal Al-Saud, a leading member of Saudi Arabia’s fashion commission, in a statement. about the new magazine launch. The fashion commission is one of 11 bodies that manage the growing Saudi cultural sector under the auspices of the Ministry of Culture.

Just last week, the ministry appointed Burak Cakmak as the head of the royal fashion commission. Cakmak, former dean of fashion at Parsons School of Design in New York, pledged to promote “Made in KSA” (Kingdom of Saudi Arabia) as a key player in the global fashion industry.

But he also noted that he is aware that currently there is not enough information available about creativity pouring out of empires around the world.

Saudis want to see Saudis

Before March 2021, the Saudi magazine market was already filled with Arabic editions, such as Harper’s Bazaar Arabia or Vogue Arabia. However, the new Saudi edition will feature local content by Saudi authors. For this, the publisher ITP Media Group in Dubai has set up an editorial office in Riyadh and commissioned female Saudi writers, such as Alaa Balkhy, Lubna Hidayat Hussain and Marriam Mossalli as well as local contributors such as Hala Alharithy, Hayat Osamah, Latifa Bint Saad and Norah Al Amri.

Harpers Bazaar Saudi launched in March 2021

“This edition is exclusively for the Saudi market, only distributed there in print, curated for the specific tastes and aesthetics of the Saudi consumer and also showcases Saudi flair and a rising landscape, many of which have never been seen before,” Olivia Phillipps, leader. editor of the magazine, told DW.

The English and Arabic bilingual magazines will be published twice a year (Esquire Saudi) and four times a year (Harper’s Bazaar Saudi), with 100,000 copies by 2021.

Catering for couture conversation

One of the country’s fashion beacons and fashion editor of Harper’s Bazaar Saudi, Marriam Mossalli, has defied “stereotypes around Saudi women” on Instagram, with her blog and as head of Saudi Arabia’s only luxury consulting firm. She is the first Arab fashion expert to be invited to the White House by former first lady Michelle Obama.

“I founded my own company 10 years ago and have seen how the country has developed,” Mossalli told DW.

“So far, we have studied and used fashion terminology in different languages,” said Mossalli and named the Greek style dress “peplum” or “jumpsuit” as examples of words that have no Arabic equivalent. “Now, we can start compiling a glossary, in Arabic.”

For Mossalli, this means taking advantage of the new freedom to explain more about the local fashion market, get more women into the workforce, and export Saudi fashion and culture.

Individual events indicate that change has occurred. In January 2021, the haute couture fashion catwalk showcased a modern open abaya (usually a full-covered black cloak generally worn by women) that allows for ankle viewing, and a loose veil in front of a mixed-gender audience at a private event in Riyadh. Neither the open abaya nor the mixed-gender audience would have been unthinkable beforehand.

‘Fashion-washing’ while the activists are jailed

Until recently, Saudi fashion designers have seldom been in the international spotlight. Exceptions are Mohammed Ashi in ball gowns, one of which was worn by US film director Ava Duvernay at the 2017 Academy Awards, or Mohammed Khoja’s brand, Hindamme, whose jacket “June 24, 2018” was acquired by the Victoria & Albert Museum in London for their permanent collection. This date marks the day when Saudi women are allowed to drive.

However, just last February, Loujain al-Hathloul, a group of women activists who drove before the ban was lifted, was released after more than 1,000 days in prison. Another female activist who protested the ban is still being detained.

Because of this, human rights organizations such as Human Rights Watch (HRW) have criticized the new glossy fashion paper in Saudi Arabia.

“Fashion weeks and sparkling leisure events are good things that the Saudi public should enjoy. But they should also enjoy human rights. While Saudi officials strongly promote the former, they steadfastly reject the latter’s Saudis. It cannot be. accepted, “Ahmed Benchemsi, HRW’s Director of Communications and Advocacy for Middle East and North Africa, told DW.

He further criticized that billions of dollars were deliberately spent on PR efforts to “enhance” the image of Saudi Arabia worldwide. “But the effort is also meant to divert international attention away from the kingdom’s dire human rights record. It includes killings and mutilations journalist Jamal Khashoggi, on top of the arbitrary arrests of multiple dissidents, torture, enforced disappearances, and war crimes in Yemen. “She concluded:” No fashion show can cover up the offense. “

It remains to be seen whether new media outlets will include stories that address critical topics as well. The article “Big Change: Lubna Hidayat Hussain Marks the Honest and Emotionally Honest Chronicle of the Evolution of Saudi Arabia” in the first edition seems to demonstrate this.

For now, it can be said that the new magazine has a huge potential market: According to the General Authority of Statistics, a country with about 35 million inhabitants has one of the youngest populations with two-thirds of whom are under 35 years of age, and more than half of university graduates are women.

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Social media rules | Instant News


Social media rules have been in the news lately with increasing frequency. On April 2, the Islamabad High Court (IHC) requested a report from the inter-ministerial committee tasked with reviewing the regulation. IHC listens to the petition filed against the implementation of the ‘Removal and blocking of online content that violates the law (Procedure, surveillance and safeguards) 2020 Rules’. This rule has caused a lot of controversy because no democratic society in the world has strict rules for blocking and removing online content deemed illegal by the government. The arbitrary manner in which the government developed and enforced these rules sparked uproar and outcry across the country from activists and media professionals. This is when PM Imran Khan forms a five-member committee under the Federal Minister for Human Rights Dr Shireen Mazari. Now the committee is supposed to submit its report with recommendations to the prime minister within a month. Although the committee has announced that it will organize public consultations with all stakeholders, it remains to be seen how such consultations take place and what mechanisms are adopted to incorporate feedback from these consultations.

We have seen before how ‘consulting’ has worked, which is why there is general skepticism surrounding this consultation as well. This consultation method does not produce a critical analysis of the problem at hand. It is important to check the objections and suggestions of stakeholders before finalizing the report. It is also important to invite members from the opposition to consultations and discuss proposed rules in parliament before finalizing them. This is very important for freedom of expression in this country.

The aim of democratic institutions such as the National Assembly and Senate is to provide a forum for such discussion. The government has shied away from parliamentary discussions, which are incompatible with the established democratic traditions. The government has complied with presidential regulations or issued unilateral rules. When it comes to legislation and rule-making, we need the government to seriously tackle differences of opinion. Petitioners who oppose this rule include PFUJ, which has been at the forefront of defending freedom of expression in the country. Now, the government must hold broad-based consultations and so that any rules placed on social media in Pakistan are not just a fig leaf for curbing dissent.

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