Word: streamed
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...bought into the promise of an album; an act's other sources of cash - its concerts, say, or merchandise sales - weren't any of the label's business. But now, with album sales plummeting, music companies are chasing juicier income from touring and branded goods. Part of that revenue stream figures in Live Nation's $120 million deal with Madonna. Likewise, U.S. rock group Korn now carves up its nonmusic income with EMI; Interscope Records, a U.S. label owned by Universal Music, even gets a cut from a Las Vegas nightclub endorsed by the Pussycat Dolls. The appeal for artists...
...downloads. To the crucial teenage market, paying for music is as outdated as picking up a newspaper. But companies can get something in return for giving them music. Advertising-supported free music services such as Last.fm pay the major record companies from ad revenue; in return, their users can stream the companies' music for nothing. Such outlets offer record companies the chance to build a relationship with younger fans in the hope those users will later migrate to more lucrative products such as music dvds. Cell-phone users can also expect to get months of free access to a catalogue...
Makiya was one of a stream of expatriates returning to Iraq, but unlike many, he said he had little interest in what he called the “unseemly scramble” for political power. He wanted to reconstruct Iraqi identity after years of dictatorship, so he began planning a museum in Baghdad where people could search the records of Saddam’s atrocities for the names of family members and friends. He even secured a site for the museum around the crossed swords of Saddam’s Victory Arch...
...biomedical fields. Harvard—among other preeminent research universities—is driving advances in biomedical and biotechnology research, but it relies heavily on federal funding to support current momentum. Last year Harvard received grants of $329 million from the NIH—by far its principal stream of federal research funding. Thankfully, University President Drew G. Faust recognizes the importance of contemporary bioscience research to Harvard professors. On Tuesday, she testified in front of a U.S. Senate committee, speaking in support of increasing the NIH budget and expanding federal grants for biomedical research. Faust identified several key reasons...
...Serbia, itself, Russia capitalized literally, on the standoff over Kosovo. In Belgrade, just a week before he became Russia's President-elect, Dmitri Medvedev supervised Serbia's signing up to a prospective Russian Southern Stream natural gas pipe-line. Serbia also sold to Russia a 51% stake of Naftna Industrija Srbija (NIS), a much prized national oil company for $614 million and the promise of a further investment of $770 million. Russia plans build a major gas storage facility in Serbia, making the country a key base for Russian energy supplies to Europe. This consolidation of ties with Serbia achieves...