The rebukes signal that climate concerns, once confined to environmental activists and barely registering with some Washington lawmakers, have become mainstream thinking in C-suites and on Wall Street, analysts said. The visible effects of climate change, action by governments, and shifting consumer sentiment are transforming the world in which companies do business. The speed of events — taking place in an industry that typically measures change in decades — means that companies and even entire regions, including West Texas, will have to face a reality in which will there be less demand for their product, said Mark Jones, a political science fellow at Rice University in Houston. “There’s no going back,” Jones said of the boardroom and courtroom actions. “There’s no going back to where thi...
“Each cycle, we select individuals and organizations in the music community whose significant social impact inspires us to shine a spotlight on their work and dedicate a special award in their honor,” said Clio CEO Nicole Purcell in a release. “This year, we are privileged to be recognizing two powerful forces for good in the industry who have made a tangible difference in the lives of countless music lovers. I’m grateful for the work they’ve done and for the opportunity to celebrate these accomplishments together.” Clio Music, presented for the sixth year by Citi, will recognize Carlile and NIVA in addition to the 2020/2021 Clio Music Award winners during a virtual celebration at 2 p.m. ET on June 10 at Clios.com. Both Impact Awards will be presented d...
The timing of the proposal comes at a significant juncture for NetEase, which is expecting its music streaming service to “undergo relatively rapid business expansion” moving forward. Earlier this month, NetEase signed a first-ever digital distribution deal with Sony Music, following a similar deal with Universal Music, expanding its catalog significantly at a time when Tencent, its biggest rival, is facing regulatory scrutiny in China over its market dominance and exclusive deals with artists and labels. Reports suggest that regulators could force TME to offload two of its music streaming services and pay a hefty fine. Tencent’s music services claimed 615 million active users in the first quarter of 2021 and 61 million paying users, according to its financial filings. The NetE...
Here’s a summary of approved rule changes which go into effect immediately: Album of the year: Expanding eligibility Moving forward, if an album is up for album of the year, all credited featured artists, songwriters of new material, producers, recording engineers, mixers and mastering engineers who worked on that album are automatically nominated. Previously, the rule stated that all of these pros had to be credited with 33 percent or more of playing time to be nominated. This is a retreat on the Academy’s part. Colbie Caillat received a Grammy for album of the year because she was featured on one track (“Breathe”) on Taylor Swift’s Fearless, the 2009 album of the year winner. The Grammys subsequently tightened up their rules to make Grammys a little harder to get. They now are going back...
President Muhammadu Buhari Tuesday called on the international community to support a peaceful transition from military to democratic government in Chad. He made this known at a summit put together to discuss recent developments in Chad after the death of President Idris Deby last April. At the summit, Mr Buhari called on: “development partners and countries particularly France, the United States, United Kingdom, Germany, the Netherlands, and Russia; the United Nations, the African Union and the European Union, as well as other friendly and partner nations to support the transition framework put in place by Chad’s Transition Military Council led by General Mahamat Idris Deby.” ‘‘The need to support the Chadian government to effectively carry out its planned 18-month transition is sacrosanc...
Minister of Information and Culture, Alhaji Lai Mohammed, has advised media organisations to set up special desks for fact-checking in order to guard against being misled by fake news and misinformation. He gave the advice in Abuja yesterday when he hosted the editorial board of the Guardian Newspaper on a courtesy visit. The minister urged media organisations in Nigeria to take his suggestion seriously, noting that establishment of a special desk for fact-checking will curb the problem of fake news and enable the citizens to separate fact from fiction. He said in the era of fake news and misinformation, the media has a duty to get its facts right and ensure that charlatans and hackers do not dominate the media space, as it is increasingly becoming the case in the country. Mohammed said: “...
President Muhammadu Buhari on Wednesday received the Chairman, Presidential Council of Libya, H.E Mohammed Younis Menfi, at the State House, Abuja. Buhari, in a statement issued by his Special Adviser on Media and Publicity, Femi Adesina, stressed that a stable or unstable Libya held implications for countries in the Lake Chad Basin area, including Nigeria. “Republics of Chad, and Niger, have extensive borders with Libya, and they are our immediate neighbours. Whatever affects them affects us. The stability or instability of Libya will directly affect us,” he said. The President further stressed that the security of Nigeria was number one priority to him, noting that, “Unless a country or institution is secured, there’s no way you can efficiently manage it.” Buhari said he was happy that t...