The biggest change in the music industry in the past decade is streaming, but the biggest change at Warner Music Group was a change in “mindset,” said outgoing WMG CEO Steve Cooper on the company’s Q4 FY ‘22 earnings call Tuesday.
The early submissions to the Office of the U.S. Trade Representative on whether the 7.5% and 25% tariffs on Chinese goods should continue were heavily against continuing the action. More than 90% of the 27 submissions either said end all the tariffs or urged dropping the ones that affect businesses or workers.
The European Council on Nov. 19 called on all U.N. members to fully implement sanctions imposed by the U.N. Security Council in response to North Korea's launch of an intercontinental ballistic missile that landed in Japan's Exclusive Economic Zone last week. The council said North Korea is trying to "develop ever more menacing means to deliver weapons of mass destruction," threatening "all countries." In response, the council urged North Korea to comply with its obligations under U.N. Security Council resolutions and ditch all its nuclear weapons. "The EU recalls the duty for all UN Members to take action to fully implement sanctions imposed by the UN Security Council," the council said.
Lane County, Oregon, “denies every allegation” in AT&T’s Oct. 25 complaint that it violated the Telecommunications Act by refusing AT&T’s application to build a 150-foot-tall cell tower to improve local wireless services (see 2210260009), said the municipality in its answer Wednesday (docket 6:22-cv-01635) in U.S. District Court for Oregon in Eugene. U.S. Magistrate Judge Mustafa Kasubhai set a Rule 16 telephone conference in the case for Dec. 13 at 10 a.m. PST, said a text-only scheduling order Thursday.
U.S. Black Friday retail sales, in stores and online, will grow 15% year on year, said a Tuesday Mastercard report. In-store sales are projected to grow 18% as doorbusters, window displays and brick-and-mortar collaborations bring shoppers back to stores, it said. “While retailers have already been heavily discounting this season, consumers and retailers are likely holding out for some special offers to land on the biggest promotional day of the year,” said Mastercard adviser Steve Sadove. Early holiday promotions drove October increases of 9.5% year on year at retail and 12.7% for e-commerce. Electronics sales were up 4.5% in October, it said. Mastercard expects department stores to post a 25% sales increase as consumers seek one-stop shopping.
The following are short summaries of recent CBP NY rulings issued by the agency's National Commodity Specialist Division in New York:
A new study by CTIA and Recon Analytics questions whether citizens broadband radio service spectrum, often cited as the potential sharing model of the future, is a suitable replacement for exclusive, licensed spectrum. Meanwhile, the Biden administration is moving on release of a national spectrum strategy (see 2209260048). Carriers already said they hope the strategy will lay out bands that can be cleared for licensed use. Wi-Fi advocates fired back.
YouTube’s announcement last week that it will cap the number of times viewers see an ad on YouTube and third-party networks addresses repetitive ads, “a well-known problem that has plagued the advertising industry for years,” said eMarketer analyst Jeremy Goldman Monday.
The village of Muttontown, New York, and its component boards seek a two-week delay to respond to an order asserting whether they will oppose the Nov. 2 motion to intervene from 30 resident property owners seeking to block AT&T’s construction of a 165-foot-tall cell tower (see 2211030048), said village attorneys in a letter Thursday (docket 2:22-cv-05524) to U.S. Magistrate Judge Lee Dunst for Eastern New York in Central Islip. The village, in a letter to Dunst Friday, also asked for a one-month extension to Dec. 12 to answer AT&T's complaint, citing the residents' motion as one reason for the delay.
Livestreaming is a highly desired offering in over-the-top video, but numerous complications stand in the way of providers risking the effort to successfully deliver real-time events, said presenters on a Wednesday Stream TV session on livestreaming at scale.