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HUD Reviews Castros First Year of Progress Since His Secretarial Induction

first_imgHUD Reviews Castro’s First Year of Progress Since His Secretarial Induction in Daily Dose, Government, Headlines, News While much has been written and said in the last two weeks on the fifth anniversary of the passing of Dodd-Frank into law, HUD is celebrating an anniversary of its own on Tuesday. secretarialJuly 28 marks exactly one year since former San Antonio mayor Julián Castro was sworn in as HUD secretary, succeeding Shaun Donovan. In addition to celebrating Castro’s one-year anniversary as HUD secretary, HUD will commemorate the 50th anniversary of its founding on September 9.During his first year as the nation’s top housing official, Castro has made several policy changes with the intent of increasing opportunity for more Americans to obtain affordable, sustainable housing. Several of those changes are outlined in an announcement from HUD on Monday titled “Year of Progress: Delivering on the Promise of Opportunity.””We recognize housing as a platform for Americans who are striving to improve their lives and break the cycle of poverty for the next generation,” HUD stated in the release. “As needs for our services have increased, HUD will continue to invest in initiatives that have demonstrated outcomes in helping the people we serve.”One of the major changes Castro enacted occurred just one week into the new calendar year. On January 8, Castro announced that the Federal Housing Administration (FHA) would be lowering the annual premiums for first-time buyers by half a percentage point, down to 0.85 percent. The Agency estimates the move will save more than two million borrowers an average of about $900 annually on mortgage premiums and will allow about 250,000 new homebuyers to enter the market during that time.”I applaud FHA’s initiative to lower the mortgage insurance premium by 50 bps,” said Laurie Goodman, center director of the Housing Finance Policy Center at the Urban Institute. “This was a courageous move, as the MMI Fund had not reached its 2 percent minimum.”Indeed, the MMI fund stood at 0.41 percent last November, less than a quarter of the 2 percent required by law, which caused the lowering of the annual premiums to draw some criticism.”Since FHA’s financial future is still uncertain, now is not the time to reduce premiums. It has nowhere near the level of reserves to withstand even a minor recession,” Edward Pinto, co-director and chief risk officer of the American Enterprise Institute’s International Center on Housing Risk, told DS News in a recent interview. “Given FHA’s current high risk practices, it would be imprudent to not stay the course; it should not lower premiums.”Another step HUD took toward providing Americans with access to affordable housing was the Affirmatively Furthering Fair Housing (AFFH) rule, which was announced on July 8. This rule creates a streamlined fair housing planning process that helps communities analyze their choices for fair housing and establish goals and priorities to address barriers to fair housing. The rule was widely praised as a way to help the 1968 Fair Housing Act meet its obligation to help state and local governments improve their housing policies and achieve more meaningful outcomes that allow all Americans to live where they want to.”The Affirmatively Furthering Fair Housing provision of the Fair Housing Act was intended to help remedy years of government-supported segregation and inequality, not by forcing diversity, but by empowering and encouraging states and localities to partner with the federal government to address the effects of these harmful policies,” House Financial Services Committee Ranking Member Maxine Waters (D-California) said.Other HUD achievements in the last year include funding rental assistance vouchers for 2.4 million low-income households, providing an opportunity for families who are seeking to become homeowners; investing $250 million through the Choice Neighborhoods Program to transform high poverty areas; and investing $4 million to expand the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Program to help approximately 650 Native Americans who are currently homeless or at risk of being homeless.Still, there is more work for HUD and FHA to do as Castro approaches his second year as HUD secretary, particularly in the area of relaxing the standards on loan level certifications for lenders.”The FHA needs to focus more on access to credit by giving lenders the comfort they need to eliminate their overlays,” Goodman said. “This means changing the loan level certifications lenders sign. FHA currently requires lenders to certify that the information it has provided to FHA is true, complete, and accurate. This has resulted in FHA seeking indemnification for small, inadvertent errors and has served as a basis for the False Claims Act, under which lenders are liable for treble damages.” July 27, 2015 467 Views center_img Share 50th Anniversary Affordable & Sustainable Housing Federal Housing Administration HUD 2015-07-27 Seth Welbornlast_img read more

Mortgage Industry Reacts to Government Shutdown

first_img January 21, 2018 865 Views in Daily Dose, Government, News Mortgage Industry Reacts to Government Shutdown As day three of the government shutdown begins, the concern about its impact on mortgage lending grows.As previously reported, if the government doesn’t find a resolution quickly, the shutdown is likely to affect the industry in three major ways: FHA and VA mortgage loan originations could be impacted due to government workers not being in office; loan applications will be held up if lenders can’t obtain verification of social security numbers; and mortgage firms won’t be able to process loans if the IRS is not available to verify borrowers’ tax returns, effectively creating a backlog when the government eventually re-opens.”It’s going to take a little longer to get those loans funded,” Kelly Decker with First United Bank Mortgage told NBC, referencing lenders not being able to obtain IRS data due to the shutdown. “[If the homebuyer] had planned on moving trucks showing up on the last day of the month, it might mean they have to wait maybe another three, four, five days, depending on how long the shutdown takes,” Decker said.As companies brace themselves for what a prolonged shutdown could mean, Ginnie Mae announced on Sunday that its operations will continue despite the shutdown. In a press statement the Ginnie Mae insured investors that:During a lapse in government funding, Ginnie Mae will reduce staffing to essential personnel levels. Importantly, Ginnie Mae will continue to remit timely payment of principal and interest to investors. There will also be no disruption of essential functions like the granting of commitment authority and support for continued issuance of Ginnie Mae-guaranteed Mortgage Backed Securities (MBS) and REMICs.Many are looking to the 2013 shutdown for guidance. But the fundamental changes to the industry in the past five years may mean we are in unknown territory. To learn the full impacts of a prolonged shutdown, the 2013 shutdown, which lasted 16 days, can be a guide, however other changes in the market will impact the total cost of the current shutdown.“In the past decade, government involvement in the housing industry has precipitously increased, hastening an even greater dependence on the federal institutions that would be affected by a potential government shutdown,” said Five Star Institute President and CEO Ed Delgado. “I call on all congressional stakeholders to stop using the needs of American homeowners as leverage for achieving their policy goals.”The Senate is scheduled to vote at noon today on a resolution that if passed would extend the budget until February 8.center_img FHA Ginnie Mae HOUSING mortgage Shutdown 2018-01-21 Rachel Williams Sharelast_img read more

Rep Jon Bumstead hosts February office hours

first_img28Jan Rep. Jon Bumstead hosts February office hours State Rep. Jon Bumstead invites residents of the 100th House District to join him during office hours this February.Office hours will be held at the following dates, times and locations:Friday, Feb. 1210 to 11 a.m. at One East Main in Fremont;11:30 a.m. to 12:30 p.m. at Sally’s Restaurant in White Cloud; and1:30 to 2:30 p.m. at the Lake County Courthouse in Baldwin.Monday, Feb. 158 to 9 a.m. at the Pink Elephant in Hart;10 to 11 a.m. at the Good Stuff’s in Pentwater; andNoon to 1 p.m. at the Brown Bear Café in Shelby.“It’s always a pleasure to spend time with members of our community to discuss Michigan’s state government,” said Rep. Bumstead, R-Newaygo. “I look forward to meeting with you and listening to any concerns you might have.”No appointment is necessary. Residents who are unable to attend are encouraged to contact Rep. Bumstead’s office by phone toll free at 877-999-0995, or by email at JonBumstead@house.mi.gov.### Categories: Newslast_img read more

Rep Jason Sheppard announces July coffee hours

first_img Categories: News 29Jun Rep. Jason Sheppard announces July coffee hours State Rep. Jason Sheppard, R-Temperance, today announced he is holding coffee hours at four local establishments during July to connect with residents of the 56th District. He encourages people to share their thoughts and concerns about state and local issues.“An important part of my job as a state representative is to listen to residents from our community and make sure their voices are heard in Lansing,” said Rep. Sheppard. “I enjoy hearing feedback, and I’m happy to answer any questions people might have.”The times and locations are as follows:7:30 to 8:30 a.m. Friday, July 1, at DaCapo Coffee, 7370 Lewis Ave. in Temperance.7:30 to 8:30 a.m. Friday, July 22 at Old 23 Grill, 3168 Lewis Ave. in Ida.7:30 to 8:30 a.m. Monday, July 25, at Gander’s Family Restaurant, 4219 Luna Pier Road in Luna Pier.7:30 to 8:30 a.m. Friday, July 29, at Dena’s Family Restaurant, 15391 S. Dixie Highway in Monroe.For those unable to attend, Rep. Sheppard’s legislative office can be reached at any time by phone at (517) 373-2617, by email at JasonSheppard@house.mi.gov and online at RepJasonSheppard.com.###last_img read more

VanderWall bill offers more flexibility for ice shanty owners

first_img11Oct VanderWall bill offers more flexibility for ice shanty owners Categories: VanderWall News State Rep. Curt VanderWall, left, and Dennis Eade, executive director of the Michigan Steelhead and Salmon Fishermen’s Association, testify before the House Natural Resources Committee.Legislation introduced by state Rep. Curt VanderWall increases the flexibility of rules regulating ice shanties placed on Michigan waterways.VanderWall’s bill gives the Michigan Department of Natural Resources the ability to adjust ice shanty removal dates each year based on weather conditions. Current law sets precise dates by which ice shanties must be removed from specific waters.“Some winters may be warmer, some colder,” said VanderWall, of Ludington. “It just makes more sense to allow the department to determine the dates based on weather conditions each year.”Furthermore, the legislation will offer increased privacy protections for the owners of ice shanties, who are currently required to put their names and addresses on the structure.“Not everyone wants their name and address visible to anyone who happens to walk out on the ice,”VanderWall said. “My bill offers more options. You’ll be able to choose whether you want to put your name and address, driver’s license number or DNR Sportcard number on your ice shanty.”Dennis Eade, executive director of the Michigan Steelhead and Salmon Fishermen’s Association, joined VanderWall today to testify in support of the bill before the House Natural Resources Committee.“This is a bill that gives a little more flexibility to the shanty owner as to how they are identified,” Eade said.VanderWall noted the additional identification options in his bill are consistent with other types of sporting equipment, such as tree stands and animal traps.House Bill 4787 remains under consideration by the House Natural Resources Committee.###last_img read more

Local Governments Struggle with Museum Management

first_imgShareTweetShareEmail0 Shares February 14, 2014; Los Angeles Times and the Staten Island AdvanceThe close relationships between museums and the cities in which they reside were highlighted by two stories in the news this past week.Most people around the world know that since the beginning of the U.S. space program 55 years ago, Cape Canaveral in Florida is where American space missions have begun. But not nearly as many know that most of the satellites, space vehicles, and rocket boosters used in the U.S. space program were designed and built in nondescript factories in the suburbs of Los Angeles. The southeast Los Angeles County city of Downey, in particular, was where the Apollo moonshot command modules, and later the Space Shuttle, were built.The city of Downey (population 110,000) put up $8 million to open the Columbia Memorial Space Center in 2009, a modernistic building, filled with artifacts from the space program, built as a hands-on learning center, museum and memorial to the seven astronauts killed in 2003 when the space shuttle Columbia broke up as it reentered Earth’s atmosphere. The center sits on part of the former manufacturing site. But the Times reports that today the space center is struggling to attract visitors and donors, and city officials are hard pressed to help fund the operations of the struggling institution, with a deficit of more than $500,000 that comes from city coffers.“Our city government is not in the business of running museums,” Mayor Fernando Vasquez told the Times. The city council has “been committed to supporting this museum, but at some point, we need to see a plan that’s sustainable.”Critics tell the Times that a lack of leadership has contributed to the museum’s problems: the center had an executive director for only the first eight months of its five-year history; otherwise, it’s been run by city employees only devoted to the museum part-time. Some say it is not a priority amidst the city’s budget cutbacks in the Great Recession and the loss of its manufacturing base.But once the original investment has been made, it is hard and probably ill-advised to walk away. City officials have started the search for a full-time executive director. Officials told the paper that an experienced executive director would know how to raise money, bring in popular exhibits, and find creative ways to generate revenue, which the museum desperately needs.Meanwhile, on the other coast, the New York City Economic Development Corporation (EDC) has its hands full with Staten Island’s National Lighthouse Museum, according to an editorial in the Staten Island Advance, which serves New York’s most suburban and residential borough. In 1998, Staten Island was chosen as the site for the museum in a hard-fought national competition. Former mayor Rudolph Giuliani was a big supporter and funded the effort. But then the project stalled, the board was dissolved, and the nonprofit museum lost its lease on the waterfront property where it was to be located.The Advance editorial said that a new board was formed and the EDC agreed to give the museum an 18-month interim lease on the property so that the institution could prove itself. A goal was set to raise $350,000 in private dollars, which the new board did. Unfortunately, under EDC’s rules, the museum was $25,000 short, because that amount was a pledge of state funding from a local assembly member.The editorial says that EDC backed out of its commitment on a technicality, and the deadline for the museum to get possession of the site had passed. But museum organizers stepped up again and raised the money, surpassing its previous total, beating the goal by over $50,000 through money garnered from board members, several foundations, and small donors, primarily lighthouse fans across America.“The bottom line: the National Lighthouse Museum board met the challenge—twice. Cold cash is in the bank. The ball is back in the Economic Development Corporation’s court,” it continued, adding that “although they certainly have proved themselves over the past three years to get this far, we will never know unless the EDC allows the National Lighthouse Museum board members to get to work so they can provide a product to sell to the public, and to future funders.”These two stories illustrate the need for carefully structured public private collaborations backing most museums. For the most part, government agencies are not very good at funding, developing, and running cultural institutions like museums and performing arts centers on their own. This is because of the importance of fundraising to success; government knows how to collect taxes and fees, but is not set up to develop donor relationships and engage in fundraising campaigns.In addition, by its very nature, government leadership is characterized by “inside the box” thinking, which protects the public purse, but often leads to a failure to innovate and adapt to changing times. These are things more entrepreneurial private, philanthropically supported, organizations do better. Cities are often motivated to create cultural institutions as a tool of economic development, which speaks volumes about their pride in their history, culture, and locale, but that still doesn’t necessarily mean they are capable of operating and programming them well.Finally, it is tough for city officials confronted with prioritizing basic services like police and fire protection, trash collection, and maintaining infrastructure to give cultural amenities the attention and cultivation they need to be successful. However, there are examples of local government forging successful partnerships with community-based private nonprofits, usually where the public agency builds and owns the building but the nonprofit operates and programs it.—Larry KaplanShareTweetShareEmail0 Shareslast_img read more

Buying CoOp Helps Mississippi Lead on LowCost Healthy School Lunch

first_imgShareTweetShareEmail0 Shares July 27, 2014; Clarion-Ledger Some states are facing a challenge in meeting the standards of the Healthy Hunger-Free Kids Act of 2010, but not Mississippi. The Clarion-Ledger reports that “Mississippi is well-prepared to meet new federal nutrition regulations regarding school lunches,” according to information from state officials.“We’ve been very fortunate in Mississippi,” said Scott Clements, the child nutrition director of the Mississippi Department of Education. “We have a legislature and state board of education [that] are both very cognizant of the challenges we have with nutrition in particular.”In several states, meeting the nutritious food standards has led to school districts losing money on the costs of shifting to increased offerings of fruit, vegetables, and whole grains. In contrast, in Mississippi, the Statewide Purchasing Cooperative has helped the state obtain lower prices on foods that meet the federal standards by pooling buying power and coordinating low delivery fees. Established in 1992, the Statewide Purchasing Cooperative was the first statewide organization in the nation dedicated to purchasing nutritious school foods.Because of the new regulations limiting sodium in school lunches, the Co-op is partnering with the Culinary Institute of America to generate low-sodium spice blends and develop low-sodium recipes that just might taste good.It is good news to see Mississippi taking the lead on an important indicator of social progress. For too long, Mississippi has been a laugh line for comedians, most recently HBO’s John Oliver, who addressed progress on gay rights:“We are nearly halfway to full nation-wide marriage equality. Which means it’s about to become a question of which state is going to be last. Who could it possibly be? (Mississippi.) We don’t know. We don’t know. (Mississippi.) It could be anyone. (Mississippi.)”The sad truth is that Mississippi is often at the bottom of a number of social rankings. The United Health Foundation ranks Mississippi 50th in overall health conditions, with a very serious obesity problem, the nation’s worst rank regarding infectious diseases such as chlamydia and salmonella, and a stunning pre-ACA decline from 19.8 to 15.8 percent in the proportion of the population with health insurance coverage. Mississippi is tied with New Mexico as the states with the highest population proportions below 100 percent of the federal poverty level, including, according to Time, the highest rate of child poverty in the nation. The Annie E. Casey Foundation’s 2014 Kids Count report ranked Mississippi last in overall child well-being.As the achievement of Mississippi’s Statewide Purchasing Cooperative demonstrates, there is nothing holding Mississippi back from changing its social and economic conditions other than popular will. If Mississippi’s electorate and, through their elected representatives, its government choose to shed its history of lagging social indicators, the potential for substantial progress is there. If Clements’ testimony about the Co-op is accurate, the state deserves recognition for doing something the right way.—Rick Cohen ShareTweetShareEmail0 Shareslast_img read more

Opposition to Conversion Therapy Sees Victories even as Obstacles Grow

first_imgShare11TweetShareEmail11 SharesBy Daniel Tobias [CC BY-SA 2.0], via Wikimedia CommonsDecember 7, 2016; New York TimesAdvocates against gay conversion therapy have recently been winning victories here and abroad, even as fear mounts about the Trump-Pence administration rolling back LGBTQ advances in the U.S.Malta became the first European nation to criminalize the practice last week via national legislation approved by its Parliament, prohibiting the pathologization of any sexual orientation, gender identity, or gender expression, according to the New York Times.In Malta, the new law imposes fines and jail terms “on those advertising, offering, performing or referring an individual to another person which performs” any practice “which aims to change, repress or eliminate a person’s sexual orientation, gender identity or gender expression.” It said “no sexual orientation, gender identity or gender expression constitutes a disorder, disease or shortcoming of any sort.”The second act focused on gender identity and the rights of transgender people. It lowered the age at which people can change their gender on government documents without the consent of a parent or guardian to 16 from 18.The measures were supported by organizations including the Malta Chamber of Psychologists, The Maltese Association of Psychiatry, The Malta Association of Family Therapy & Systemic Practice, as well as the Malta Association for the Counseling Profession, according to Malta Today. The Catholic country, a member of the European Union, has long been supportive of gay and transgender rights.As the New York Times points out, conversion therapy has become a topic du jour with the election of Donald Trump and his running mate, Mike Pence. Trump hasn’t taken a specific stand on the issue but has been opposed to marriage equality legislation. Pence has been accused of tacitly supporting conversion therapy, in part based on the following sentence that appeared in the 2016 Republican Party platform: “We support the right of parents to determine the proper medical treatment and therapy for their minor children.” Pence denies that claim. Human rights groups remain wary.Stateside, as recently as Tuesday, a major national city also took a stand against the practice, joining more than a dozen American cities and states banning conversion therapy, including New Jersey, where a judge ordered a gay conversion nonprofit to close last year. The Pittsburgh City Council voted this week to ban conversion therapy for minors, the Patriot-News reported online, specifically in response to the election of Donald Trump.Supporters of LGBTQ rights also gained momentum following the narrow loss of North Carolina Republican Governor Pat McCrory at the polls in November after he helped enact the infamous HB2 bill that restricted rights for people who identify as lesbian, gay, bisexual, transgender or queer.But, even with recent advances, there is much more work to be done. Last week, the nonprofit Human Rights Watch issued a new report highlighting the fact that many schools across the country “remain hostile environments for LGBT students despite significant progress on LGBT rights in recent years.”Over the last 15 years, lawmakers and school administrators have increasingly recognized that LGBT youth are a vulnerable population in school settings, and many have implemented policies designed to ensure all students feel safe and welcome at school.Yet progress is uneven. In many states and school districts, LGBT students and teachers lack protections from discrimination on the basis of sexual orientation or gender identity. In others, protections that do exist are inadequate or unenforced. As transgender and gender non-conforming students have become more visible, too, many states and school districts have ignored their needs and failed to ensure they enjoy the same academic and extracurricular benefits as their non-transgender peers.And, as NPQ reported recently, President Barack Obama’s numerous executive orders protecting LGBTQ individuals could be quickly undone under the new administration. Obama’s administration came out in support of a ban on conversion therapy in April 2015, calling for clinicians and therapists to end the practice. As NPQ reported at the time:The medical community has largely denounced conversion therapy and similar practices to cure homosexuals. In 1973, the American Psychiatric Association officially declassified homosexuality as a disorder, indicating, “Both heterosexual behavior and homosexual behavior are normal aspects of human sexuality.”As the clock ticks down to Inauguration Day, that legacy is closer to being undone. States and cities, with help from nonprofit partners, must lead the way in protecting these most vulnerable citizens.—Anna BerryShare11TweetShareEmail11 Shareslast_img read more

Swisscom Broadcast has chosen Net Insights Nimbra

first_imgSwisscom Broadcast has chosen Net Insight’s Nimbra platform for nationwide distribution of live football and ice-hockey games throughout Switzerland.Swisscom Broadcast will deploy Nimbra for its new media contribution network covering all premier league ice hockey and football arenas in Switzerland.last_img

DRM and online video specialist Saffron Digital ha

first_imgDRM and online video specialist Saffron Digital has appointed former Capablue executive Craig Chuter as sales director for Europe, the Middle East and Africa.Tasked with driving growth in this region, Chuter joins from connected TV app specialist Capablue where he worked as client and partner director and before that head of business development, building up the firm’s broadcast and media clients.Chuter previously worked as business manager at EMC Consulting (formerly Conchango) where he managed a portfolio of clients that included the BBC, News Corp and Disney.“The European market is really embracing multiplatform video services and as a result we have a number of exciting projects and clients in the pipeline,” said Saffron Digital’s chief commercial officer Amelia Gammon.“Craig’s strong experience with broadcasters and retailers in the European digital entertainment industry makes him perfectly placed to secure and support those customers and identify other companies looking to launch premium multiplatform video services in the region.”The hire comes after Saffron appointed Yahoo!’s former director of engineering, Yoel Marson, as its new chief technology officer in October.last_img read more

Polish public broadcaster TVP has launched 16 regi

first_imgPolish public broadcaster TVP has launched 16 regional channels for the cities of Bialystok, Gdańsk , Gorzow Wielkopolski, Katowice, Kielce, Krakow, Lublin, Lodz, Olsztyn, Opole, Poznań , Rzeszow, Szczecin, Warsaw and Wrocław.Each channel will create its own regional programmes dedicated to local communities. The new channels will take over the local programming of news channel TVP Info.Cable operators including Vectra will air the local channels in the relevant areas of the country. Vectra said it would air the new regional channels on analogue and digital, with the process expected to be complete by Setpember 7. TVP Info will continue to be aired in Vectra’s digital tier.last_img

Video technology provider SeaChange International

first_imgVideo technology provider SeaChange International has teamed up with video-on-demand specialist Vubuiquity to offer an integrated cloud-based multiscreen VoD platform for service providers.The combined platform integrates the SeaChange Cloud Adrenalin pay-as-you-go OPEX service with Vubiquity’s AnyVU Streaming service, ViewNow subscription VoD movie package and library of content from partners.“Going to market with a compelling offering of differentiated multi-screen services is essential for providers of all sizes to retain subscribers and attract new ones,” said Sud Kaushik, director of product management, SeaChange. “SeaChange Cloud Adrenalin gives providers a platform to continue to add new content choices and build a tier-one class of service through our ecosystem.”last_img read more

Thomas Ebeling ProSiebenSat1 has set itself an am

first_imgThomas EbelingProSiebenSat.1 has set itself an ambitious new target of realising additional revenues of €1 billion by 2018 compared with 2012 on the back of strong full-year results. The group has also struck a significant distribution deal with Deutsche Telekom for its Maxdome on-demand service.The deal with Deutsche Telekom will give the latter’s Entertain IPTV customers access to the Maxdome service, which is already pre-installed on most smart TVs in Germany.Starting in the spring of 2014, Maxdome’s video library can be accessed directly from Deutsche Telekom’s TV platform. Entertain customers will also have the chance to view attractive shows of ProSiebenSat.1’s TV stations free of charge.In the future, Entertain customers will be able to view content from the media libraries of ProSieben, SAT.1, Kabel Eins, Sixx, Sat.1 Gold and ProSieben Maxx. The agreement covers hit archive TV shows including Danni Lowinski and Der letzte Bulle, as well as current shows including K11 – Kommissare im Einsatz, Germany´s Next Topmodel and Switch Reloaded on catch-up TV.“For the first time ever, the ProSiebenSat.1 Group has entered into a major distribution partnership with Deutsche Telekom for Germany’s largest video-on-demand library, Maxdome,” said Conrad Albert, executive board member in charge of legal, distribution and regulatory affairs.“Furthermore, Entertain customers will be able to view more than 1,000 shows from the media library of the ProSiebenSat.1 Group. This agreement represents the next logical step in making our content available on all kinds of platforms.”The German free and pay TV group posted revenues of €2.605 billion for 2013, up 10.6% year-on-year, and recurring EBITDA of €790.3 million, up 6.1%.The company saw strong growth in its core free-to-air market, while digital and adjacent segment revenue grew by a massive 45% to €483.7 million, accounting for 18.6% of total revenues.ProSiebenSat.1 is extending its digital presence further by acquiring games publisher Aeria Games Europe, while will place the group among the top three players in tehEuropean online games market.Revenues in the German speaking market grew by 3.7% to €1.998 billion, driven by higher advertising revenues and growth in its distribution business.Revenues from ProSiebenSat.1’s production arm grew by 29.7% to €123.8 million.ProSiebenSat.1 said that it now expected revenues to grow by a mid-to-high single digit percentage this year.“We have set ourselves a new growth target for 2018. Compared to 2012, we want to realize additional revenues of €1 billion,” said Thomas Ebeling, CEO of ProSiebenSat.1 Group.“ProSiebenSat.1 is one of Europe’s largest independent media companies and has attractive content and platforms which allow it to reach millions of people. The combination of the two provides us with opportunities that are available to almost no other company. We are therefore in an excellent position to continue the growth story of the ProSiebenSat.1 Group.”last_img read more

Frances four leading mobile operators – Bouygues

first_imgFrance’s four leading mobile operators – Bouygues Telecom, Free Mobile, Orange and SFR – have filed documents in the preliminary stage of applying to use 700MHz spectrum for mobile broadband services, according to telecom regulator ARCEP.The regulator expects to begin auctioning the available frequencies at in November, with allocations to be made by the end of this year.The spectrum is being freed up by changes in the frequencies used to broadcast digital TV over the air in France.last_img

Swedish commercial broadcaster TV4 has teamed up w

first_imgSwedish commercial broadcaster TV4 has teamed up with Adlibris Group to launch a new e-commerce venture, Kökets Favoriter (Kitchen Favourites) and has set itself the goal of becoming the leading e-commerce provider for cooking, baking and tableware products.Both e-commerce specialist Adlibris and TV4 are backed by Swedish media giant Bonnier.Camilla Everberg, director of food at TV4, said this would be the first part of an extensive investment in food-related activities for the group. The venture with Adlibris will include integrated solutions for advertisers, she said.Kökets Favoriter will sell well-known brands including ingår Global, Ankarsrum, Iittala, Eva Solo, Stelton, House Doctor, Kusmi tea, Rosendahl, Johan & Nyström, Skeppshult, Skultuna, Dualit and others.Julia Reuszner, head of websites at Adlibris Group, said that food was an underserved category in e-commerce, and that the goal of the venture was to create an online store with awide appeal and strong brands sold at competitive prices.last_img read more

Polish cable operator Vectra has become a strategi

first_imgPolish cable operator Vectra has become a strategic investor in business solutions provider Horyzont Internet Technologies.The Poznan-based company, which provides internet products for the enterprise market, will enable Vectra to expand its enterprise-focused offering, according to the cable operator. Horyzont offers services to smaller ISPs as well as business customers in western central Poland via its 400km fibre network in Poznan and neighbouring cities.Horyzont’s management will remain in place.last_img

This was a good opportunity to formally acknowled

first_img“This was a good opportunity to formally acknowledge the dedicated efforts of our young people in our bid to be European Youth Capital for 2019,” he said.“The EYC judges acknowledged that our bid and presentation was extremely impressive and it was our young people who took the lead in every stage of its preparation.“While we were ultimately unsuccessful, the continued engagement with our youth to identify their hopes and aspirations for the future will allow us to develop future youth services across a broad range of areas.”There is growing support for the city and district to host a dedicated year of youth in 2019 and Director of Legacy at Derry City and Strabane District Council, Oonagh McGillion, encouraged young people to take ownership of that project. ShareTweet DERRY City and Strabane District Council have hosted a special interactive workshop to engage with local young people about ways to build on the wide consultation that took place during their bid to become European Youth Capital for 2019.The event also represented an opportunity for Council to show their gratitude to the youth of the city and district who contributed so significantly to the preparation of the bid.The local Council area was pipped to the title by Novi Sad in Serbia at the official announcement of the winners in Bulgaria last month.Deputy Mayor of Derry City and Strabane District Council, Councillor Jim McKeever, travelled with the local delegation to the Bulgarian city of Varna to hear the result and, speaking at last week’s reception at the Playhouse, he assured the young people present that their contribution to the bid would not be in vain. DEPUTY MAYOR JIM MCCKEEVEREYC BID TEAM HOST INTERACTIVE WORKSHOP AT THE PLAYHOUSE “We want 2019 to be a year designed by youth for our youth,” she said.“This fun and interactive workshop using visual aids was a good opportunity to move into the next stage of the consultation process and hear young peoples’ views and opinions on a proposed programme.“It was encouraging to hear their ideas on how they feel it should be delivered and we look forward to continuing that engagement and embedding this programme into our Community Plan.”Anyone interested in taking part in future EYC19 engagement workshops can contact the team on eyc19@derrystrabane.com.EYC BID TEAM HOST INTERACTIVE WORKSHOP AT THE PLAYHOUSE was last modified: December 19th, 2016 by John2John2 Tags:last_img read more

Now attempts are underway to find a doctor happy t

first_imgNow attempts are underway to find a doctor happy to oversee the treatment.It is a major breakthrough in Charlotte’s campaign to be allowed to treat her son legally with medication that she credits with saving his life.The dramatic U-turn by the Home Office came after Billy was rushed by ambulance to Chelsea and Westminster Hospital in London yesterday after his seizures intensified.Describing his condition yesterday afternoon as critical, Charlotte said the Home Office would be accountable if he died. A batch of the banned drug was confiscated from Charlotte at Heathrow Airport on Monday as she returned to the UK from Canada, where Billy was prescribed cannabis oil by doctors there.A spokesman for Charlotte said: “Billy is doing all right and we are absolutely certain we are going to be able to get a doctor to oversee his treatment.“This is a wonderful development and we are all delighted.”Billy started the treatment in 2016 in the US, where medical cannabis is legal.He became the first person in the UK to receive a prescription after his GP in Northern Ireland, Brendan O’Hare, began writing scripts. But Dr O’Hare was summoned to a meeting with Home Office officials recently and told to desist.Ms Caldwell made the trip to Toronto with Billy this week to get a six-month supply of the oil, however border officials later seized it.Speaking yesterday as her son’s condition deteriorated, she said: “Billy has had back-to-back seizures today. “On his medication, which included the vital, but banned THC component, he was seizure-free for more than 300 days.”Government shamed into U-turn over Billy Caldwell’s cannabis oil treatment was last modified: June 17th, 2018 by John2John2 Tags: Tenacious mum Charlotte Caldwell with her son Billy who suffers from epileptic fits and is now seriously ill in hospitalBATTLING mum Charlotte Caldwell has been told that shamed British Government officials have now told her they will return her son Billy’s life-saving medication.She Home Office has informed her they will allow 12-year-old Billy to be treated with cannabis oil – as long as it is done under the supervision of a doctor. ShareTweet BILLY CALDWELLcannabis oilCHARLOTTE CALDWELLGovernment shamed into U-turn over Billy Caldwell’s cannabis oil treatmentHome Officelast_img read more

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first_img Previous PostRural King to replace Sears at Crossroads Mall Facebook Linkedin WOAY NEWS STAFF Twitter Mail Tumblr Home NewsWatch Featured WV school officials reconsider home-made food, caffeine on campus FeaturedHealth WV school officials reconsider home-made food, caffeine on campus By WOAY NEWS STAFFAug 08, 2017, 09:35 am 831 0 Next PostChild found unresponsive in Ohio home with dead animals dies Pinterest Google+ CHARLESTON, WV (BY: RYAN QUINN, CHARLESTON GAZETTE-MAIL) – The West Virginia Department of Education now is proposing allowing homemade food to be brought into public schools to be shared for “special events,” a reversal of its previous proposal to keep banning sharing such foods, and it’s seemingly going further by proposing allowing homemade food and non-nutritional food to be provided as snacks.In another reversal, the department now is proposing to maintain the ban on caffeine in schools, after previously proposing to lift it.Other than that, the department has maintained its proposal to remove the state’s existing nutrition standards for school meals and snacks and instead tie the state requirements to the federal minimum requirements.These moves come ahead of a possible state Board of Education vote this week to approve the department’s now-amended proposed changes to Policy 4321.1.Click here to read more.last_img read more

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first_img Google+ SportsSports News Concord Ready for Second Road Game of 2017 By Matt DigbySep 21, 2017, 00:14 am 690 0 Tumblr Facebook Athens, WV (WOAY) – Concord football will have a chance to move to .500 when they travel to Notre Dame College on Saturday.The matchup features the Mountain East’s stingiest defense against one of its most potent offenses, with the Falcons’ Malik Grove and DJ Greene both being named Offensive Players of the Week in 2017.Concord, meanwhile, has the reigning Defensive and Special Teams Player of the Week, with the Mountain Lion defense currently accounting for more touchdowns than the offense.Notre Dame has won the last two meetings, tying the all-time record at 2-2. Home Sports News Sports Concord Ready for Second Road Game of 2017 Matt Digby Matt Digby is the Sports Director at WOAY-TV. He joined the station in January 2015 – right in the middle of Big Atlantic Classic Week. Read More Twitter Linkedin Previous PostWeek 5 Game of the Week Preview – Oak Hill Mail Next PostLocal Celebs Are Ready To Hit The Dance Floor Pinterestlast_img read more

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