Costa Rican inflation The 2007 breakthrough

first_imgFrom the print editionOverall inflation in Costa Rica for 2012 has varied from 4.6 to 5.1 percent in April, May and June, as measured by the Consumer Price Index (CPI) annual forecast. If there are no extraordinary changes in the economy, inflation should continue in this range for the rest of the year. By comparison, U.S. inflation was at a 1.7 percent annual rate in June. Costa Rica has more than twice the U.S. inflation rate, but the Tico economy should grow more than twice as fast as the U.S. economy this year – a trade-off any entrepreneur will take.On Tuesday, the Central Bank forecast growth for 2012 at 4.8 percent, higher than previous estimates of 3.8 percent.Despite inflation numbers that are high in relation to the U.S. economy, Costa Rica is now operating in an inflation range that was an impossible dream for two generations. Before 2007, the Central Bank would have broken out the champagne if overall price increases could be kept to less than double digits in any given year.In 2007, the Central Bank changed its method for fixing the exchange rate, from a predictable, mini-devaluation scheme to floating the colón and letting private buyers and sellers of dollars determine the exchange rate. To be sure, it’s a “dirty float,” with the Central Bank setting exchange rate floors and ceilings that trigger its intervention if the exchange rate gets too low or too high. But so far, the rate has been more or less stable since 2007, with Central Bank intervention only on the low end of its target range: {500 to the dollar. But at the time the Central Bank made the change to a floating exchange rate, it looked like a gamble – after 24 years, from 1983 to 2007, the economy had become accustomed to the relatively predictable mini-devaluations. During those years, total yearly devaluation averaged 11 percent. What happened to cause the Central Bank to want to fix a system that wasn’t broken? In hindsight, based on success with the floating colón, it would seem that the Central Bank was telling Costa Rica’s exporters that, after 24 years of coddling them with steady devaluation to make exports more competitive, it would now seek to stabilize the exchange rate and concentrate on what should be the No. 1 goal of every central bank: exchange stability with low inflation. In an open economy like Costa Rica’s, where exports and imports total more than 60 percent of gross domestic product, an 11 percent devaluation every year builds a big fraction of that into increased money supply (as exporters change dollars into colones to pay their local production costs), and the full devaluation rate increase into the price of imports. No wonder the country struggled to crack a 10 percent minimum inflation rate in those years when devaluation averaged 11percent.What emboldened the Central Bank to float the colón in 2007? Most likely, the answer is changes in the Costa Rican economy. A generation ago, the big dollar earners for Costa Rica were coffee, sugar, bananas and beef – all agricultural commodities, in which Costa Rica competed on a price-only basis with lower-cost producers all over the world. With those products and that competition, yearly devaluation was necessary to remain competitive. But today, Costa Rica exports mostly services and high-tech goods, and agriculture is only one-sixth of exports. For its modern export product mix, Costa Rica’s educated workforce provides the competitive edge, and the pricing crutch of yearly devaluation is no longer necessary.Rudolf Lucke, a professor at the University of Costa Rica’s Institute for Investigation in Economic Sciences, a think tank, put together the chart pictured above left. Though it starts in 2009, not 2007, the chart shows the Central Bank’s success in bringing down inflation. The graph breaks annualized CPI changes down into component parts: regulated and non-regulated products, and exportable and non-exportable goods and services. In January 2009, the range of inflation components was all over the place, from a low of 11 percent for exportable goods to a high of 17 percent for non-exportable goods. In three years and four months, all the inflation-rate components have converged to between 4-6 percent – a stunning achievement, and the greatest help the government and the Central Bank can give to the poor, who are hardest hit by the inflation tax. Facebook Comments No related posts.last_img read more

Rising Home Prices Help Older Americans Hinder Younger Buyers

first_img While last year’s rising home prices brought relief to many underwater homeowners, allowing many older homeowners with increased net worth to purchase new homes, they also precluded many young first-time buyers from purchasing, according to a report from Houston, Texas-based “”BBVA Group””:http://www.bbvacompass.com/, a global financial services firm. [IMAGE]””Older homeowners are increasingly able to purchase a new residence with cash only after they sell their current home,”” said Jason Frederick, an economist for BBVA Compass. In December 2013, 42 percent of residential home sales were made in cash, a significant increase from just 18 percent a year earlier. With many older Americans feeling confident as their net worth rises with their home values, homebuilders are now targeting potential buyers 55 years old or older, according to BBVA. Younger Americans who do not yet own a home find themselves in a very different situation from seasoned homeowners. Home price growth has outpaced income growth, and according to Frederick, “”[Y]oung families will [COLUMN_BREAK]need to see faster income growth and save additional money to make a larger down payment.”” Prices will continue to rise this year, but appreciation will slow from the 11.5 percent annual gain last year to a pace of 8.5 percent for 2014, according to BBVA’s projections. Gross domestic product (GDP) and employment will also improve this year, according to BBVA. GDP will grow by 2.5 percent this year, and the economy will add 2.4 million jobs. These improvements will carry over to the residential market, translating to 2.1 million new households over the next two years. “”[H]ousehold formation will increase with economic growth because both immigration rises and young people move out of their parents’ houses,”” BBVA said in its report. However, many of these new households will enter the rental market rather than the purchase market. BBVA predicts rental households will grow by 1.2 million over the next two years, while owner-occupied households will grow by 900,000. Home sales will rise in 2014, according to BBVA. Existing single-family home sales will rise 4.2 percent over the year to about 4.7 million, while new single-family home sales will jump up 13.4 percent over the year to about 490,000.With inventory low, BBVA predicts a 17 percent increase in housing starts this year. Single-family housing starts will total about 810,000, and multifamily starts will total about 274,000 for an overall addition of about 1.1 million housing starts. The healing market will also encounter fewer foreclosures this year than last. BBVA predicts between 700,000 and 800,000 foreclosures this year, down from 1 million last year. Rising Home Prices Help Older Americans, Hinder Younger Buyers in Data February 12, 2014 421 Views center_img Agents & Brokers Attorneys & Title Companies Home Equity Home Prices Home Sales Homebuilders Investors Lenders & Servicers Service Providers 2014-02-12 Krista Franks Brock Sharelast_img read more

Arizona Cardinals quarterback Carson Palmer had an

first_imgArizona Cardinals quarterback Carson Palmer had an up-and-down 2013 season, but he reached a milestone that no one in NFL history had before — throwing for more than 4,000 yards with three different teams. The 11-year veteran reached the mark with the Cincinnati Bengals in 2006 and 2007, and also did it with the Raiders in 2012. His 4,274 yards this season were a career high, as were his 22 interceptions and 41 sacks. The former first-round pick out of USC threw for 407 yards and two touchdowns in the Cardinals’ 23-20 loss to the San Francisco 49ers Sunday. “Personal [milestones] are always nice, but I wasn’t thinking about it,” Palmer said. “It wasn’t one of my personal goals. I wasn’t worried about it, I was thinking about wins and losses.”Cardinals head coach Bruce Arians said this season was a testament to Palmer’s resiliency and toughness, as he battled through ankle and elbow injuries as well as a slow start to the season.“He’s as resilient a guy … I can’t say enough about how tough he is mentally,” Arians said. “You know something good’s going to happen eventually, because he’s gonna keep slinging it in there.” – / 22 0 Comments   Share   Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactcenter_img Top Stories Derrick Hall satisfied with D-backs’ buying and selling The 5: Takeaways from the Coyotes’ introduction of Alex Meruelolast_img read more

Rep LaSata optimistic after revenue estimating conference

first_img Categories: LaSata News,News 12Jan Rep. LaSata optimistic after revenue estimating conference State Rep. Kim LaSata today said steady, sustainable economic growth will continue based on information presented to the House and Senate Appropriations committees during the Consensus Revenue Estimating Conference, which is the first look at the upcoming economic forecast.The report was compiled by the House and Senate Fiscal agencies and the state budget director. It predicts Michigan’s recovery from the Great Recession earlier this decade will continue.“We have heard good news that our economy is strong and will continue to strengthen in the coming year,” said LaSata, of Bainbridge Township, who serves on the House Appropriations Committee. “Our conservative approach to budgeting and diligence in cutting unnecessary spending has resulted in a vigorous economy that is creating jobs and improving the quality of life for Michigan families.”LaSata said with the arrival of the new year, the Appropriations Committee will soon begin crafting a spending blueprint for the 2018-19 fiscal year.“The information we received today will be important as we begin work on the budget for the upcoming fiscal year,” LaSata said. “I look forward to getting started on a new budget that will continue to ensure the health, welfare, safety and quality of life for all Michigan residents.”#####last_img read more

Albert Outman Michigan must do more to prevent youth ecigarette usage

first_imgState Rep. Thomas Albert and state Sen. Rick Outman today unveiled a plan to ban the sale of e-cigarettes to minors as well as possession by individuals under 18.“Simply put, the long-term health effects of vaping are endangering our kids,” said Outman, of Six Lakes. “We are trying to keep them out of the hands of our children before this epidemic spirals out of control. We need a common-sense ban against these products, and we can’t sit around and wait any longer.”Electronic cigarettes are battery-operated devices that deliver nicotine and flavoring without burning tobacco. A heating device vaporizes liquid inside a cartridge, called “vaping.” Many devices are colorful and made to look harmless – including a version that looks just like a computer USB flash drive, making them difficult to detect in schools.The U.S. Surgeon General recently declared youth e-cigarette usage an “epidemic”. In a 2018 Centers for Disease Control survey, roughly one in five high school students reported using such products – up 78 percent from 2017.The federal Food and Drug Administration has rules banning the sale of e-cigarettes to those under 18, but there is nothing similar in state law doing so. With the adoption of a state law, law enforcement and schools will have an easier time keeping addictive, unregulated chemicals off campuses. The plan also protects Michigan if federal regulations change, Albert said.“We owe it to our children to do more to keep e-cigarettes out of their hands,” said Albert, of Lowell. “These hazardous products are marketed to be attractive to our youth, but in reality, they pose a great health risk. Let’s step up, ban these unknown, unregulated chemicals, and do the right thing for the health and safety of our communities.”A Harvard study reported 39 of 51 examined e-cigarette flavors contained diacetyl, which is commonly associated with “popcorn lung” – the nickname for bronchiolitis obliterans, a condition that damages airways, Outman said.“I’m hopeful our plan is a key step forward in improving the health of Michigan residents, as well as a means to keep a gateway addiction out of our schools and communities,” Outman said.#####Outman’s legislation will be formally read in Tuesday as Senate Bill 106. Albert’s legislation is House Bill 4164. Plan would ban sale of e-cigs to minors, make state a healthier place Categories: Albert Newscenter_img 07Feb Albert, Outman: Michigan must do more to prevent youth e-cigarette usagelast_img read more

State Rep Wozniak Need for federal guidelines on PFAS more important than

first_img14May State Rep. Wozniak: Need for federal guidelines on PFAS more important than ever Categories: Wozniak News State Rep. Douglas Wozniak reacted to recent reports that Michigan leads the nation in PFAS contamination sites, saying the reports highlights the diligence of the state’s investigation efforts as well as the pressing need for science-based guidance at the federal level.“While we have led the nation in investigating and contain courses of PFAS contamination, Michigan families deserve to know their drinking water is safe each and every time they turn on the tap,” said Wozniak, of Shelby Township. “Over the last 18 months, the Legislature has allocated record dollars to enable Michigan’s experts to track down and respond to PFAS contamination, but we need consistent, science-based guidelines at the national level to give Michigan families that peace of mind they deserve.”Michigan has led the way in PFAS detection and response. When contamination came to light in 2017, Michigan quickly adopted the Environmental Protection Agency’s drinking water limit as our environmental cleanup standard—to ensure no polluted site goes undetected – and we have continued to advance our understanding of how PFAS moves through our environment.In addition, the Michigan Legislature has taken the following steps:Secured $125 million to help Michigan families affected by PFAS contamination and allow the state to respond quickly and effectively to future reports of contamination.Supported Executive Order 3, which strengthened and reauthorized Michigan’s PFAS Action Response Team (MPART).Introduced legislation to contain and control PFAS contamination by increasing reporting and training standards for the use of AFFF firefighting foam—a key source of contamination.Approved a House resolution that ensures the state is relying on experts to make science-based recommendations that prioritize the health, safety and welfare of Michigan families.“Lake St. Clair is a crucial part of our way of life in Macomb County and the federal government must step up to the plate and do its part to clean up the mess left behind at Selfridge,” said Wozniak. “Our state has made great progress in investigating and managing PFAS contamination, and we must continue to support better water quality on all fronts—including working to combat dioxane and lead issues that have been a concern in Michigan for many years. I support our efforts to enforce consistent drinking water standards across the board, so we can continue to pursue options to protect our fresh water resources.”In July of 2018, state test results showed PFAS contamination had been pouring out of Selfridge Air National Guard Base into the Clinton River and Lake St. Clair.In addition to state efforts, the U.S. Environmental Protection Agency has begun its process to establish new guidelines regarding PFAS and commissioned research to better understand the ecological and human health affects of PFAS contamination.Rep. Wozniak can be contacted via email at DouglasWozniak@house.mi.govlast_img read more

At Renovated Museum Interactivity Is the Name of the Game

first_imgShareTweetShareEmail0 SharesJune 23, 2014; Engadget and WiredInteractive museum exhibitions are hardly breaking news as cultural institutions everywhere seek to engage visitors in experiential learning and memorable encounters with art, history, science and other disciplines. But when the Cooper Hewitt, Smithsonian Design Museum in New York City reopens in December 2014 after a three-year renovation, visitors are likely to be more than a little impressed by the “interactive, immersive creative technologies” that await them.The museum, which was founded in 1897 and has been a branch of the Smithsonian since 1967, has increased its gallery space by 60 percent. Even more importantly, its leaders have been hard at work creating what Wired has called “a free-flowing, open-ended experience.” Using a sophisticated electronic gadget that looks like a pen—and in fact is called “the Pen”—each museumgoer will be invited to gather data from exhibits throughout Cooper Hewitt’s galleries and archives and enter into the design process in a seemingly limitless variety of ways.The Pen was itself developed through a collaborative industrial design process that involved several firms and several iterations; in fact, it’s still a work in progress. Key to the museum experience is a series of “large-size, ultra-high-definition tables and screens” where visitors can access, study, and manipulate the data they’ve collected on a Pen. For example, after virtually collecting a series of objects from the galleries, you might decorate a virtual room with them, and then project your finished work onto a wall in the Immersion Room. Or you might make a rough sketch of a teacup or a lamp, thereby calling up every related image in Cooper Hewitt’s archives. You might redesign one of those objects to your own liking, or design something entirely new. Or you might read about or watch a video on the life and work of a particular designer whose work has caught your eye.And because your Pen—and the data you’ve collected—will be linked to your admission ticket, you can keep creating and exploring long after you’ve left the museum. Visitors will be able to log into an online record of each visit, share the objects they’ve collected and created, and keep building on the experience and on their personal “collections” every time they visit.As noted on the museum’s website, “Cooper Hewitt’s renovation provides the opportunity to redefine today’s museum experience and inspire each visitor to play designer before, during and after their visit.”—Eileen CunniffeShareTweetShareEmail0 Shareslast_img read more

Nonprofits Disagree on Keeping Ones Mouth Shut about the Presidents Mental Health

first_imgShare45Tweet7Share13Email65 SharesBy Fact Magazine (New York Times) [Public domain], via Wikimedia CommonsJuly 25, 2017; STATAn email sent from the executive committee of the American Psychoanalytic Association yesterday to its 3,500 members explicitly informed them that publicly commenting on President Trump’s mental health was okay with them.Diagnosing of public figures from afar has been frowned upon by many professional associations for decades, under what is known as the “Goldwater Rule.” But some mental health professionals actually believe that they have an affirmative “duty to warn” the public.Laypeople, says Dr. Leonard Glass, a psychiatrist at Harvard Medical School, “have been stumbling around trying to explain Trump’s unusual behavior,” and the rule, Glass says, robs the public “of our professional judgment and prevents us from communicating our understanding” of the potential of any underlying mental disease.Glass recently resigned from the American Psychiatric Association, where he has been a member for 41 years and where the rule has been in place for three years longer than that. It was reaffirmed in March of this year. The American Psychological Association has no such rule, though it does have a culture of discouraging public statements of diagnosis from afar.“In the case of Donald Trump, there is an extraordinary abundance of speech and behavior on which one could form a judgment,” Glass said. “It’s not definitive, it’s an informed hypothesis, and one we should be able to offer rather than the stunning silence demanded by the Goldwater rule.”Past president of the American Psychoanalytic Association, Dr. Prudence Gourguechon, agrees with Glass. “We don’t want to prohibit our members from using their knowledge responsibly,” she says, and “since Trump’s behavior is so different from anything we’ve seen before,” those insights might be especially helpful to a public confused by the behavior of their Commander-in-Chief.The “Goldwater rule” prohibits psychiatrists and psychologists from offering opinions about the mental state of a public figure without that person’s consent and without doing a direct examination. Some of those whom the rule constrains see it as itself unethical, since the mental state of a public official may well be at issue as a matter of public safety and wellbeing from time to time. Opposition to the rule has recently intensified.On the other hand, some don’t see much upside in such commentary, since such punitive diagnoses might tend to stigmatize other people with mental health disorders. Dr. Allen Frances is a professor emeritus of psychiatry and behavioral sciences at Duke University Medical College. He chaired the task force that wrote the fourth edition of the Diagnostic and Statistical Manual of Mental Disorders (DSM-IV), and he wrote a letter to the New York Times on the subject that was published on Valentine’s Day of this year.Most amateur diagnosticians have mislabeled President Trump with the diagnosis of narcissistic personality disorder. I wrote the criteria that define this disorder, and Mr. Trump doesn’t meet them. He may be a world-class narcissist, but this doesn’t make him mentally ill, because he does not suffer from the distress and impairment required to diagnose mental disorder.Mr. Trump causes severe distress rather than experiencing it and has been richly rewarded, rather than punished, for his grandiosity, self-absorption and lack of empathy. It is a stigmatizing insult to the mentally ill (who are mostly well behaved and well meaning) to be lumped with Mr. Trump (who is neither).Bad behavior is rarely a sign of mental illness, and the mentally ill behave badly only rarely. Psychiatric name-calling is a misguided way of countering Mr. Trump’s attack on democracy. He can, and should, be appropriately denounced for his ignorance, incompetence, impulsivity and pursuit of dictatorial powers.His psychological motivations are too obvious to be interesting, and analyzing them will not halt his headlong power grab. The antidote to a dystopic Trumpean dark age is political, not psychological.—Ruth McCambridgeShare45Tweet7Share13Email65 Shareslast_img read more

Google has launched a new design for YouTube offe

first_imgGoogle has launched a new design for YouTube, offering  viewers access to a range of channels and personalised recommendations as it prepares to transform itself into something more akin to a TV platform. Visitors to the site now see a customisable choice of channels down the left side of the screen. They can immediately sign in, browse recommended channels and create a YouTube account that can then be linked to Google Plus and Facebook to see what their friends are sharing.The overall design of the site has been simplified, based on the Cosmic Panda design unveiled in July, with a consistent grey background, video thumbnails and a more streamlined watch page. The YouTube logo has also been changed to become more in line with other Google services.The move comes as YouTube is preparing to deliver more original professional content produced by the likes of Madonna, Jay-Z, Ashton Kutchner and CSI creator Anthony Zuiker. YouTube is also reportedly considering a new revenue model that allows viewers to skip ads, with advertisers only paying for those video clips that are watched.last_img read more

Quality assurance specialist Agama Technologies is

first_imgQuality assurance specialist Agama Technologies is using ANGA COM to launch a new cable TV monitoring probe, OMNIA.The probe is designed to monitor up to 48 multiplexes and all individual services, all the time in real-time, with complete TS analysis and full TR290 parameter set, according to Agama.According to the company, cable operators have until now been forced to rely on round-robin techniques for RF multiplex monitoring, since existing video monitoring equipment on the market provide low density and scalability in terms of number of input interfaces as well as monitoring depth and coverage. These limitations leave the operators with poor coverage and thereby scarce insight into the QoS and QoE of the deployed services. In turn, this reduces the possibilities for being aware of and acting on issues currently occurring in the distribution, as well as understanding the long-term trends and underlying causes, according to Agama.According to Agama, OMNIA benefits from a combination of analysis depth and capacity to deliver higher density of simultaneously monitored muxes. It allows for full real-time monitoring including all TR290 Prio 1-3 parameters for every individual service.OMNIA is optimised for use in cable operators’ headends, local offices or edge QAM sites, and it is available in different versions ranging from 12 up to 48 input configurations for 1U and 2U server packaging, according to Agama.Agama Technologies will be exhibiting at ANGA COM on Stand T18, Hall 10.1.last_img read more

iPlayer viewers will soon be able to access Radio

first_imgiPlayer viewers will soon be able to access Radio 1 performances like thisThe BBC’s governing body, the BBC Trust, has approved BBC plans to launch a video channel for Radio 1 on its iPlayer catch-up and on-demand service.Due to launch next week, the new Radio 1 section will broadcast on-demand interviews, recordings of live sessions and other content, which will all be available within the BBC’s now-standard 30-day catch-up window.In its approval document, the Trust said that the iPlayer channel will build on Radio 1’s existing YouTube channel, which has now claims more than 1.5 million worldwide subscribers – some 330,000 of whom are in the UK – and has notched up over 350 million views.The Trust said that a Radio 1 area of iPlayer would benefit younger audiences, “providing music and related content in the way they want to access it, and providing a gateway into the wider iPlayer.”It also predicted that the launch of the channel will lead to an incremental 310,000 hours of iPlayer viewing per month.“Younger people are a key and sometimes hard to reach audience for the BBC and other broadcasters, and we agree that this plan will help the BBC to reach them,” said BBC Trustee Suzanna Taverne.“It will build on the great success Radio 1 already has online, although it will be important to ensure that everything available through the iPlayer area is consistent with Radio 1’s distinctive identity.”The BBC first announced plans to launch the Radio 1 iPlayer channel in October last year. The Trust greenlit the plans, concluding that they did not require a public value test – the regulatory process for any proposed new BBC service or significant change to a service.The news comes a month after the BBC extended the catch-up window for the iPlayer service from seven to 30 days.In March, the corporation confirmed that it is putting plans in motion to close youth-skewing digital channel BBC Three in autumn 2015, with the BBC expected to move some of the channel’s content to the iPlayer instead.last_img read more

Peter Hutton Eurosport is relaunching its Eurospor

first_imgPeter HuttonEurosport is relaunching its Eurosport Player service as parent company Discovery embarks on a drive for one million OTT subs internationally. The Paris-based sports broadcaster will also start to compete for a wider range of exclusive rights as part of a four-point plan unveiled by CEO Peter Hutton at a press conference in Paris yesterday.“Pay TV and sport in Europe has meant Eurosport,” said Hutton, who recently took the helm at the company. “The challenge now  is to take that fantastic heritage and tradition and make it more locally relevant and take Eurosport into biggest sports events in every market. We been set a challenge of strengthening four key areas: programming, production, promotion and platforms.”On the programming side, Eurosport will push more aggressively for exclusive and locally relevant rights. “We have to secure more exclusive rights,” Hutton said. “Traditionally, Eurosport has shared a lot of rights with national broadcasters; we have to become the home of exclusive rights and have to make our channels more local, scheduled for local audience and about local stories.”The channel operator has snagged a raft of rights in recent weeks including Wimbledon tennis rights in Belgium, Europa League football in Scandinavia and Singapore and PGA golf in Norway.Eurosport is also relaunching its Eurosport Player next week. “It will relaunch on 10 June ahead of Le Mans and be in 52 markets,” Hutton said. “It has much more than just the channel, with highlights, stats, different camera angles – it takes you deeper into a sports event.He added: “OTT and delivering content direct to viewers clearly a big part of [Eurosport and Discovery’s] future and it is great to have a first mover advantage with Eurosport Player. With Discovery behind Eurosport you will see a much bigger and more relevant Eurosport in years to come.”The Player relaunch comes as Discovery starts rolling out is Dplay OTT service across Europe. It has launched in beta mode with a full roll out coming this summer. Discovery says it has 300,000 OTT international customers at the moment and it has an ‘march to a million’ initiative, with the goal of one million direct-to-consumer streaming subs by 2017.Eurosport also announced a Danish launch at the Paris event, which was held at the Roland Garros stadium. The new Eurosport Denmark channel will replace Canal 8, the channel Discovery recently bought from pay TV operator C More.last_img read more

Polish telecom service provider Netia is adding ne

first_imgPolish telecom service provider Netia is adding new sports channels Eleven and Eleven Sports to its TV offering, while broadcaster TVN Group is to add Eleven Sports to its OTT platform player.pl.The sports channels will be offered as part of Netia’s Sport i Emocje package. The channels will be available free of charge to all Netia GigaOferty subscribers until the end of September.TVN will make both channels free of charge to registered users of player.pl. The platform is already streaming Eleven, which launched on August 2.Eleven is a sports channel that includes content such as Italia Seri A, French Ligue 1, English FA Cup, Belgian Jupiler Pro League and Scottish Premier League football.Eleven Sports, which will launch tomorrow, will include coverage of European Champions League football and handball, ATP 250 tennish tournaments and Formula E motorsports. The channels will broadcast 24 hours a day in HD with a Polish-language commentary.“We are very pleased to continue our partnership with Eleven Sports Network  and offer our player viewers now even more international top sport events in football, handball and motorsports. With more than 2000 hours of live sports per year on Eleven and Eleven Sports on player.pl will become a number one sports destination for the Polish fans, further strengthening our position as a leading OTT service in Poland,” said Christian Anting, TVN’s management board member in charge of TVN Digital and e-commerce.“We are constantly improving our program offering and sports rights portfolio to show our commitment to the Polish fans. We are very happy to take the next step in our cooperation with TVN, as we build distribution of our channels and show our viewers in Poland the quality and expertise of Eleven Sports Network, through top sport events like Serie A TIM, Ligue 1, Velux EHF Handball Champions League, Formula E  and many more,” said Danny Menken, managing director of Eleven Sports Network.Of the Netia deal, Menken said: “We are very pleased with our cooperation with Netia. We have ambitious plans and attractive content that we want to bring to sports fans. This agreement will bring us closer to realizing our goal, which is to give our channel a wide audience, so that Polish fans will be able to watch popular sporting events.”UK-based Eleven Sports Network launched this year, with channels available in Belgium, Malaysia, Poland and Singapore. In Poland. Eleven Sports Network struck a deal to launch the channels on Belgacom/Proximus TV in Belgium last month.last_img read more

21st Century Fox has confirmed the departure of Fo

first_img21st Century Fox has confirmed the departure of Fox News Channel and Fox Business Network chairman Roger Ailes.Fox said that Ailes, who was also chairman of Fox Television Stations, had resigned from his role with immediate effect and that Rupert Murdoch would take over his role at Fox News and Fox Business Network personally.Ailes’ departure follows a string of sexual harassment claims against the executive. Former anchor Gretchen Carlson filed a lawsuit against Ailes two weeks ago, leading to similar allegations by other women dating back to the 1960s. Fox anchor Megyn Kelly told investigators that Ailes had also harassed her. Ailes has denied the harassment charges.“Roger Ailes has made a remarkable contribution to our company and our country. Roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years. Fox News has given voice to those who were ignored by the traditional networks and has been one of the great commercial success stories of modern media,” said Rupert Murdoch.“It is always difficult to create a channel or a publication from the ground up and against seemingly entrenched monopolies. To lead a flourishing news channel, and to build Fox Business, Roger has defied the odds. His grasp of policy and his ability to make profoundly important issues accessible to a broader audience stand in stark contrast to the self-serving elitism that characterizes far too much of the media.”Murdoch continued: “I am personally committed to ensuring that Fox News remains a distinctive, powerful voice. Our nation needs a robust Fox News to resonate from every corner of the country.To ensure continuity of all that is best about Fox News and what it stands for, I will take over as chairman and acting CEO, with the support of our existing management team under Bill Shine, Jay Wallace and Mark Kranz.”last_img read more

The UKs Royal Television Society RTS has announ

first_imgThe UK’s Royal Television Society (RTS) has announced the nominations for the RTS Craft & Design Awards 2016 In Partnership With Blackmagic Design.The Awards are designed to celebrate excellence in broadcast television and aim to recognise the skills and processes involved in programme production.BBC Sunday night dramas The Night Manager and War and Peace have received four nominations each. They will compete in the Effects – Special category against Doctor Who Series 9, while The Night Manager is also nominated in the Costume Design – Drama category alongside BBC One’s The Living and the Dead and BBC Two’s The Dresser. It is also nominated for Make Up Design – Drama and Music – Original Title.War and Peace’s remaining nominations are in the Photography – Drama & Comedy, Picture Enhancement, and Production Design – Drama categories.Channel 4 series Flowers has three nominations – for Editing – Entertainment and Comedy, alongside BBC Three’s Fleabag and BBC iPlayer’s The Rack Pack; for Music – Original Score, alongside BBC One’s From Darkness and Elizabeth at 90; and for Production Design – Drama alongside ITV drama series The Durrells and BBC One’s War and Peace.In the extended Director categories, John Alexander (One Child), Bruce Goodison (Murdered by My Father) and Craig Viveiros (And Then There Were None) will compete for the Director – Drama prize.Jack Clough (People Just Do Nothing), Rob and Neil Gibbons (Alan Partridge: Scissored Isle) and Richard Laxton (Mum) are nominated for Director – Comedy Drama/Situation Comedy.James Bluemel (Exodus: Our Journey to Europe), Huw Cordey (The Hunt: The Hardest Challenge) and Clare Johns (Life and Deaf) will fight it out in the Director – Documentary/Factual & Non Drama category.The RTS Craft & Design Awards In Partnership With Blackmagic Design are chaired by Cheryl Taylor, Controller of CBBC. The winners will be announced at a ceremony, hosted by Sandi Toksvig, on Monday November 28 2016 at the London Hilton, Park Lane.last_img read more

Hans van Rijn Fox has hired Hans van Rijn from Dis

first_imgHans van RijnFox has hired Hans van Rijn from Discovery to run its operations in the Nordic region.Van Rijn will be general manager of Fox’s international channels and content unit, Fox Networks Group (FNG), in the Nordics. He will run the company’s operations in the region from Copenhagen, Denmark.The FNG bouquet of channels in the region spans free and pay TV. Channel brands include Fox, National Geographic, NatGeo People, NatGeo Wild and Baby TV.The new recruit will report to Adam Theiler, executive VP, FNG, Europe & Africa. “The Nordic region is among the most sophisticated pay-tv markets in the world and sits in the vanguard of digital television,” he said.“Hans van Rijn brings a wealth of local knowledge and relevant experience to our Nordics division and is well placed to build upon strong relationships with our affiliate partners and advertisers, amplifying our contribution to this dynamic market with world class digital services and genre defining Fox and National Geographic programming.”At Discovery van Rijn was VP, global strategy & business development, DNI Digital Media. Discovery has made a concerted direct-to-consumer move in the Nordics with its Dplay service, which van Rijn worked on.Prior to Discovery he was at SBS (now owned by Discovery), and before that at German broadcasting giant ProSieben.He said: “I am absolutely thrilled to be joining Fox in the Nordics during this transformative time for the industry and look forward to partnering with the regional teams and the international leadership to build on the company’s rich history of creativity and innovation to the benefit of audiences, advertisers and affiliate partners in the region.”The FNG Nordic hire follows that of Gary Alonso as GM of Africa, and a rejig in Turkey.last_img read more

China Central Television CCTV has signed a distr

first_imgChina Central Television (CCTV) has signed a distribution deal with Eutelsat to broadcast three of its channels in HD across Europe, the Middle East and North Africa.The long-term contract applies to three of CCTV’s flagship channels – CCTV-4, CGTN (formerly CCTV News) and CGTN-Documentary (formerly CCTV Documentary).The channels will all be available in high definition in Chinese and English from Eutelsat’s Hotbird satellites. Standard digital versions of the channels are already available, with Eutelsat first broadcasting CCTV stations in 2008.Eutelsat’s cluster of three Hotbird satellites at 13° East provide coverage of Europe, the Middle East and North Africa. They deliver a line-up of over 1,000 channels in 40 languages to over 135 million homes through direct-to-home reception, cable, IP and DTT networks.last_img

TelefonicaMovistars average internet speed dropp

first_imgTelefonica-Movistar’s average internet speed dropped from 2.60 Mbps in March to 2.25 Mbps in April, according to Netflix’s latest ISP Speed Index.According to the report, Telefonica-Movistar was the lowest-ranked internet service provider in Spain by speed, while Telecable retained its place at the top of the rankings with speeds of 3.76Mbps.Vodafone was the second-fastest ISP in Spain with speeds of 3.73Mbps, followed by Orange which climbed two places in the rankings to 3.70Mbps. Ono came fourth and Euskaltel fell two places in the rankings to fifth.Overall, in April, Switzerland offered the highest average ISP speed at 4.28Mbps. Quickline was the fastest provider in Switzerland with speeds of 4.37 Mbps, overtaking ImproWare, which came second with speeds of 4.35 Mbps.The other top ranking countries by average web speeds were Belgium at 4.1Mbps, the Netherlands at 4.07Mbps, Luxembourg at 3.99Mbps and Austria at 3.92Mbps. The top-ranked ISPs in these countries were Proximus, ZIggo, Tango and Liwest respectively.The Netflix ISP Speed Index is a measure of primetime Netflix performance on a particular ISP and not a measure of overall performance for other services and data that may travel across the specific ISP network.last_img read more

Virgin Media Ireland has added UKTV Play to its li

first_imgVirgin Media Ireland has added UKTV Play to its line-up of on-demand services, boosting its catch-up TV catalogue by more than 1,000 hours.UKTV channels Dave, W, Gold and Alibi are now available on Virgin Media On Demand in Ireland, giving users access to shows like UKTV Originals Taskmaster and John Bishop: In Conversation With…“As well as having exclusive access to UKTV Original shows, Virgin Media customers will now be able access their favourite classics, such as Only Fools and Horses and The Good Life, as well as hit shows including, Doctor Who and Storage Hunters,” said Paul Farrell, vice president of Virgin Media Ireland.Richard Williams, general manager, UKTV Play said: “It’s exciting to be launching UKTV Play on Virgin Media Ireland as it marks another step forward in the growth of the service.“We welcome the partnership with Virgin Media Ireland and are delighted that viewers can now watch Dave, W, Gold and Alibi shows anytime, anywhere.”last_img

VOD 365 which provides branded OTT TV channels vi

first_imgVOD 365, which provides branded OTT TV channels via Freeview, Freesat, mobile and smart TV devices, is to launch documentary and sports on-demand channels Planet Knowledge and Sports Channel Network on YouView, the joint venture platform of UK broadcasters and industry groups that is used by BT and TalkTalk for their TV services.The two on-demand channels, which debut on YouView today, will be available via YouView set-top boxes as smart TVs, Android and iOS smartphones and tablets and the Freesat free-to-air hybrid satellite service, according to the company.Sports Channel Network offers on-demand sports content including football, golf, fishing, equestrian, winter sports, surfing, motorsport and Formula E motorsport, with live sports content to be added soon.Planet Knowledge offers free-to-air factual a number in HD.The partnership between VOD 365 and YouView will see the free-to-stream channels added to YouView’s suite of video-on-demand (VoD) and subscription VoD services. The Planet Knowledge TV Player and Sports Channel Network TV Player join other premium on-demand services on the platform including Netflix, Amazon, BBC iPlayer, ITV Hub and Now TV.Paul CosterThe agreement follows the launch of f VOD 365-owned kids’ on-demand channel, Ketchup, which made its debut on YouView in October.VOD 365 founder and CEO, Paul Coster, said: “We are extremely pleased to be extending our agreement with YouView which will see both Planet Knowledge and Sports Channel Network joining our kids’ on-demand service, Ketchup, on the YouView platform. Today’s announcement marks a key moment in our distribution strategy and underlines our ability to offer a wide selection of opportunities to our brand advertising partners as we continue to extend our digital reach to UK audiences, who will be able to access these exciting channels via both the on- demand EPG channel listings and app.”David Faulkner, head of corporate and business development, YouView said: “Following the recent roll out of Ketchup TV in October, we are delighted to welcome both Planet Knowledge and Sports Channel Network to YouView’s line up of players. They complement the existing line up nicely, bringing more great content to our viewers, across the UK.”last_img read more