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Over one-third of shoppers aged 18-34 have encountered fraud when seeking to buy a product they saw advertised on social media "Scams can happen to anyone, which is why it's important to stay vigilant during key moments like the holiday shopping season,” said Penny Lee, President and Chief Executive Officer of the Financial Technology Association . "Our annual national campaign provides consumers with simple steps to protect their payments and be Smarter Than Scams.” "Millions of Americans use Cash App daily to manage their financial lives securely and responsibly,” said Brian Boates, Science Lead at Block , who oversees machine learning, artificial intelligence, and data science at the company. "Given the increasing rate and complexity of scams, and the evolving tactics of malicious actors, Cash App adopts a multifaceted strategy to effectively combat scams and safeguard its customers - and this starts with education. We're excited to continue working with our peers in the industry through efforts like Smarter Than Scams to empower consumers with the knowledge and tools they need to protect their finances." "Approximately a quarter of the world's digital commerce is powered by PayPal and Venmo each year reflecting that our brands are a trusted choice for consumers,” said Aaron J. Webster, Global Chief Risk Officer at PayPal. "PayPal and Venmo do not tolerate fraudulent activity on our platforms. We leverage industry-leading fraud prevention and detection models, strategies, and tools to proactively identify and stop bad actors. We are proud to partner with the Financial Technology Association on Smarter Than Scams and will continue to demonstrate our leadership by empowering consumers with the education and innovative real-time transaction insights needed to avoid common scams and fraud.” FTA's national "Smarter Than Scams” campaign brings awareness to the most common scams consumers face during the holiday season, such as charity, gift card, imposter, invoicing, pet deposit, phishing, and romance scams. The campaign outlines key steps consumers can take to protect themselves: For more information about the common payment scams during the holiday season and how Cash App, PayPal, and Venmo work to protect consumers to transact safely, visit SmarterThanScams.com . About Financial Technology Association (FTA): The Financial Technology Association (FTA) is a Washington, DC-based trade association representing industry leaders shaping the future of finance. We champion the power of technology-centered financial services and advocate for the modernization of financial regulation to support inclusion and responsible innovation. About D S Simon Media: The firm is well known as a leader in the satellite media tour industry and produces tours from its studio and multiple control rooms at its New York headquarters. Clients include top brands in healthcare, technology, travel, financial services, consumer goods, entertainment, retail and non-profits. Established in 1986 the firm has won more than 100 industry awards. About YourUpdateTV: YourUpdateTV is a property of D S Simon Media. The video included and release was part of a media tour that was produced by D S Simon Media on behalf of Financial Technology Association (FTA). Dante Muccigrosso Director of Media Integration & Client Reporting E: [email protected] C: 973.524.0104 A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3f84529d-17be-4847-a278-00e436ec30eaNew study shows voting for Native Americans is harder than ever | OUT WEST ROUNDUP
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Montreal Canadiens: The Cayden Primeau ProblemRIVERWOODS, Ill.--(BUSINESS WIRE)--Nov 25, 2024-- Discover Financial Services (NYSE: DFS) (the “Company”) today announced, as required under the New York Stock Exchange (the “NYSE”) Listed Company Manual, that it received a notice (the “NYSE Notice”) from the NYSE on November 19, 2024 that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) prior to November 18, 2024, the end of the extension period provided by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. The NYSE Notice has no immediate effect on the listing of the Company’s common stock on the NYSE. On July 19, 2023, the Company disclosed that beginning around mid-2007, the Company incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier (the “card product misclassification”). Based on information available as of June 30, 2023, the Company recognized a liability of $365 million that was accounted for as the correction of an error. The Company determined that the revenue impact was not material to the consolidated financial statements of the Company for any of the impacted periods. While it was therefore determined that it was not necessary for the Company to restate any previously issued interim or annual financial statements, the cumulative misstatement was deemed material to the three and six months ended June 30, 2023 condensed consolidated financial statements, and therefore the Company determined that adjustment of the full $365 million only through 2023 earnings was not appropriate. Therefore, the $365 million liability (the “Initial Liability”) was recorded as of June 30, 2023 with offsetting adjustments to merchant discount and interchange revenue and retained earnings, along with consequential impacts to deferred tax accruals. Comparable corrections were made for all prior periods presented in the Company’s Quarterly Reports on Form 10-Q for the fiscal quarters ended June 30, 2023 and September 30, 2023 and subsequently in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023. On February 19, 2024, Discover and Capital One Financial Corporation (“Capital One”) jointly announced that they entered into an agreement and plan of merger pursuant to which the companies will combine in an all-stock transaction (the “Merger”). In the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024, the Company disclosed that it had determined to increase its liability to $1.2 billion (the “Liability Increase”) through a charge to other expense for the three months ended March 31, 2024, to reflect the total amount the Company then expected was probable to be disbursed in relation to the card product misclassification. The Company determined the Liability Increase was appropriate based on its experience through that date with remediation efforts, discussions through the first quarter of 2024 with its regulators, Board of Directors and other stakeholders, the pending Merger, which was approved by the Company’s Board of Directors during the quarter, and a desire to advance resolution of the matter more quickly to mitigate further risk. As part of the review of the Company’s historical financial statements by the Staff of the SEC (the “Staff”) undertaken in connection with the Staff’s review of the Registration Statement on Form S-4 filed by Capital One in connection with the Merger (and the preliminary joint proxy statement/prospectus contained therein) (the “Registration Statement”), the Staff provided comments to the Company relating to the Company’s accounting approach for the card product misclassification. The Company has responded to these comments and has engaged in several verbal discussions with the Staff. The Staff has indicated that it disagrees with the Company’s application of revenue recognition guidance issued by the Financial Accounting Standards Board in connection with the Company’s recording of the Initial Liability. The Staff has, however, indicated that it would not object to an approach whereby the Company determined the cumulative revenue error related to the card product misclassification to be the maximum amount agreed to be paid by the Company in restitution in respect of the card product misclassification (excluding interest and legal expenses) (the “Alternative Approach”). This amount is approximately $1,047 million. On November 25, 2024, the Audit Committee of the Board of Directors of the Company (the “Audit Committee”), acting on the recommendation of management, and after discussion with Deloitte & Touche LLP (“Deloitte”), the Company’s independent registered public accounting firm, concluded that (i) the Company’s audited financial statements as of December 31, 2023 and 2022 and for each of the three years in the period ended December 31, 2023 included in the Company’s Annual Report on Form 10-K filed with the SEC for the fiscal year ended December 31, 2023 and (ii) the Company’s unaudited condensed consolidated financial statements included in the Company's Quarterly Reports on Form 10-Q previously filed with the SEC for the fiscal quarters ended March 31, 2023, June 30, 2023, September 30, 2023, March 31, 2024 and June 30, 2024 (collectively, the “Prior Periods”), should no longer be relied upon and should be restated to reflect the Alternative Approach. In addition, the Audit Committee concluded that management’s report on the effectiveness of internal control over financial reporting as of December 31, 2023 and Deloitte’s report on the consolidated financial statements as of December 31, 2023 and 2022 and for each of the three years in the period ended December 31, 2023 as well as Deloitte’s report on the effectiveness of internal control over financial reporting as of December 31, 2023, should no longer be relied upon. In order to implement the Alternative Approach in the Restated Financial Statements (as defined below), approximately $600 million of the Liability Increase will be reallocated from being recorded as other expense in the fiscal quarter ended March 31, 2024 to a revenue error correction in prior periods. In addition, $124 million of the Liability Increase representing interest that the Company committed to pay as part of its counterparty restitution plan will also be reallocated from the fiscal quarter ended March 31, 2024 to the third and fourth quarters of 2023. Cumulative historical earnings, capital and the aggregate amount of the counterparty restitution liability will not be affected by application of the Alternative Approach. However, separate work being done to validate the remediation methodology with a third-party consultant has resulted in the identification of approximately $60 million of incremental overcharges, which will be reflected in the Restated Financial Statements. As a result, the Company expects the Restated Financial Statements to reflect the following approximate impacts: as of December 31, 2023, (i) an increase in assets of $190 million, (ii) an increase in accrued expenses and other liabilities of $783 million, and (iii) a decrease in retained earnings of $593 million. For the years ended December 31, 2023 and 2022, pre-tax income would be reduced by approximately $190 million to $3,636 million and $77 million to $5,641 million, respectively. For the third quarter of 2024, pre-tax income would decrease by approximately $6 million to $1,282 million while pre-tax income for the nine months ended September 30, 2024 would increase by approximately $700 million to $4,462 million (as compared to the pre-tax income reported in the financial information with respect to the quarter ended September 30, 2024 in the exhibits furnished with the Company’s Current Report on Form 8-K filed with the SEC on October 16, 2024). Amendments to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Form 10-K/A”), and the Company’s Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2024 and June 30, 2024 (the “Form 10-Q/As” and together with the Form 10-K/A, the “Restated Financial Statements”), are expected to be filed prior to or concurrently with the filing of the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 in order to reflect the Alternative Approach and the other modifications described above to the Prior Periods. The Company is working expeditiously to file the Restated Financial Statements as soon as reasonably practicable. The Company currently expects to complete the filings prior to year-end, however there can be no assurance of the actual timing. The Company expects that Capital One will file a pre-effective amendment to the Registration Statement promptly following the Company’s filing of the Restated Financial Statements, and that as soon as practicable following the effectiveness of the Registration Statement and the mailing of the definitive joint proxy statement/prospectus contained therein to each company’s stockholders, each company will hold its respective special meeting of stockholders for purposes of obtaining the requisite stockholder approvals of the Merger. About Discover Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The Company issues the Discover® card, America's cash rewards pioneer, and offers personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network® comprised of Discover Network, with millions of merchants and cash access locations; PULSE®, one of the nation's leading ATM/debit networks; and Diners Club International®, a global payments network with acceptance around the world. For more information, visit www.discover.com/company . Cautionary Note Regarding Forward Looking Statements: This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements, which speak to our expected business and financial performance, among other matters, contain words such as "believe," "expect," "anticipate," "intend," "plan," "aim," "will," "may," "should," "could," "would," "likely," "forecast," and similar expressions. Other forward-looking statements may include, without limitation, statements with respect to the restatement of the Company’s financial statements. Such statements are based on the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. These forward-looking statements speak only as of the date of this communication and there is no undertaking to update or revise them as more information becomes available. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, risks relating to the final impact of the restatements on the Company’s financial statements; the impact of the restatements on the Company’s evaluation of the effectiveness of its internal control over financial reporting and disclosure controls and procedures; delays in the preparation of the consolidated financial statements and/or the declaration of effectiveness of the Registration Statement; the risk that additional information will come to light that alters the scope or magnitude of the restatement; the risks and uncertainties set forth under “Risk Factors” and elsewhere in the Company’s reports on Form 10-K and Form 10-Q; and the other risks and uncertainties discussed in any subsequent reports that the Company files with the SEC from time to time. Although the Company has attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Given these uncertainties, investors are cautioned not to place undue reliance on forward-looking statements. Important Information About the Merger and Where to Find It Capital One has filed the Registration Statement with the SEC to register the shares of Capital One’s common stock that will be issued to the Company’s stockholders in connection with the Merger. The Registration Statement includes a preliminary joint proxy statement of Capital One and the Company that also constitutes a preliminary prospectus of Capital One. The definitive joint proxy statement/prospectus will be sent to the stockholders of each of the Company and Capital One in connection with the Merger. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND JOINT PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE (AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE MERGER OR INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS) BECAUSE SUCH DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION REGARDING THE MERGER AND RELATED MATTERS. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by the Company or Capital One through the website maintained by the SEC at http://www.sec.gov or by contacting the investor relations department of the Company or Capital One at: Discover Financial Services Capital One Financial Corporation 2500 Lake Cook Road 1680 Capital One Drive Riverwoods, IL 60015 McLean, VA 22102 Attention: Investor Relations Attention: Investor Relations investorrelations@discover.com investorrelations@capitalone.com (224) 405-4555 (703) 720-1000 Before making any voting or investment decision, investors and security holders of the Company and Capital One are urged to read carefully the entire Registration Statement and joint proxy statement/prospectus, including any amendments thereto, because they contain important information about the Merger. Free copies of these documents may be obtained as described above. Participants in Solicitation The Company, Capital One and certain of their directors and executive officers may be deemed participants in the solicitation of proxies from the stockholders of each of the Company and Capital One in connection with the Merger. Information regarding the directors and executive officers of the Company and Capital One and other persons who may be deemed participants in the solicitation of the stockholders of the Company or of Capital One in connection with the Merger will be included in the joint proxy statement/prospectus related to the Merger, which will be filed by Capital One with the SEC. Information about the directors and executive officers of the Company and their ownership of the Company common stock can also be found in the Company’s definitive proxy statement in connection with its 2024 annual meeting of stockholders, as filed with the SEC on March 15, 2024, as supplemented by the Company’s proxy statement supplement, as filed with the SEC on April 2, 2024, and other documents subsequently filed by the Company with the SEC. Information about the directors and executive officers of Capital One and their ownership of Capital One common stock can also be found in Capital One’s definitive proxy statement in connection with its 2024 annual meeting of stockholders, as filed with the SEC on March 20, 2024, and other documents subsequently filed by Capital One with the SEC. Additional information regarding the interests of such participants will be included in the joint proxy statement/prospectus and other relevant documents regarding the Merger filed with the SEC when they become available. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125018559/en/ CONTACT: Investor Contact: Erin Stieber, 224-405-4555 investorrelations@discover.comMedia Contact: Matthew Towson, 224-405-5649 matthewtowson@discover.com KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: Discover Financial Services Copyright Business Wire 2024. PUB: 11/25/2024 06:06 PM/DISC: 11/25/2024 06:06 PM http://www.businesswire.com/news/home/20241125018559/en
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A HOLLYWOOD child actor that shot to fame in the 1990s, now looks completely different since he quit acting 24 years ago. Actor Justin Pierre Edmund shot to fame when he first appeared in 1996 film The Preacher's Wife. In the film he played Jeremiah Biggs, which follows the storyline of an angel coming to Earth to help a preacher and his family whilst saving his church. He starred alongside huge names including Courtney B. Vance, Denzel Washington and Whitney Houston , but even with working with huge names it appears acting wasn't right for Justin. The actor quit Hollywood and the film industry just four years later after appearing in four more films. As a child actor he appeared in 'Went to Coney Island On A Mission From God', 'Loving Jezebel', 'Music of the Heart' and 'Once In The Life'. He also appeared in an episode of TV series Law and Order, where he played Andrew Howard in 2000. Now he looks totally different to the cute child star we might have seen him as, and his career has gone in a different direction. The star has now instead embraced a career in social media and marketing. In 2011, he graduated from Carnegie Mellon University with a Bachelor's degree in communication design. From there he went to intern at Facebook before switching to another social media platform as he joined Pinterest to become the company's first designer. He's now believed to work at Slack. The actor has largely stayed out of the spotlight since deciding not to pursue a career in acting.Balenciaga is celebrating the world of Formula 1 with a series of artworks that blend land and sea. Created in collaboration with artist Showichi Kaneda, the fashion house will debut the creative’s latest additions to his sculpture series at Balenciaga’s Wynn Plaza store in Sin City made just for this year’s , priced at $70,000. The series consists of Formula 1 racing cars that have morphed to mirror the streamlined bodies of hammerhead sharks, a species that must continue swimming forward to survive, Highsnobiety . The project is designed as a commentary on speed, progress, survival, and desire in the context of fashion and technology. The making of the works reflects the marriage between handcraft and the latest computer-based tech preferred by the artist. Measuring 42 x 15 x 16 inches, each sculpture was 3-D printed in parts before being refined by hand and used to form a silicone mold to achieve the final shape. Every iteration is peppered with Balenciaga logos, with their placement inspired by sportswear branding and rendered in the same paints and clear top coat applied to actual race cars. The high-gloss polish used as the final touch on each sculpture not only evokes the finish of automotive surfaces but also traditional Japanese lacquerware crafts. The project fits squarely within . The artist has extensively explored the use of lacquer, varnish, car paint, fiber-reinforced plastic, and resin in both his paintings and sculptures. Kaneda’s series was initially inspired by the “shark fin” engine covers found on F1 automobiles, an observation that compelled him to consider the animal-like qualities found in human beings through his artwork. The sculptures are just one element of Balenciaga’s new Racing Series that draws from the upper echelon of the automotive world. The brand is also launching a capsule collection of apparel—including a racer jacket, a T-shirt, and a zip-up hoodie—all emblazoned with Balenciaga’s Unity Sports logo inspired by sports iconography. Sign up for . For the latest news, follow us on , , and .NEW YORK , Nov. 25, 2024 /PRNewswire/ -- The global live music market size is estimated to grow by USD 35.56 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.38% during the forecast period. Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 17.38% Market growth 2024-2028 USD 35563.9 million Market structure Fragmented YoY growth 2022-2023 (%) 13.27 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 38% Key countries US, UK, Japan, Germany, and France, Canada, Australia, South Korea, Brazil, India Key companies profiled Alliance Tickets, Bassett Events Inc., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Eventbee Inc., Eventbrite Inc., Event.com Inc., Live Nation Entertainment Inc., Lyte Inc., SeatGeek Inc., Sunrise Records Ltd., The Ticketline Network Ltd., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, TodayTix Inc., Viagogo Entertainment Inc., Vivendi SE, and Vivid Seats Inc., SM Entertainment, YG Entertainment, Universal Music Group, Sony Music Entertainment, Warner Music Group Market Driver Live music market is a thriving industry that caters to the worldwide demand for authentic and great musical experiences. Trends in this sector include live music concerts, mobile apps, and the rise of DJs. Genres such as Blues, Pop, Rock, Metal, Electronica, and more continue to shape audience preferences. Industrial developments, urbanization, and technology adoption have led to the automation of production lines and the integration of technology in music events. Customer preferences drive emerging trends like local talent, interactive activities, and art installations at music festivals. Macroeconomic factors, disposable incomes, and social media influence ticket sales for B2C enterprises. Event organizers leverage user metrics, online purchase, and modeling approaches to optimize their operations. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, artists, agents, promoters, ticketing companies, contractors, record companies, music composers, corporate brands, and sponsors. The sector includes small clubs, theatre-sized venues, arena shows, and stadiums, featuring international stars and local talent. Festival dates, performance schedules, and promotional campaigns are crucial elements of successful live music events. Risk takers, fee negotiations, and show production are integral parts of the business. The future of the live music market is shaped by virtual online platforms, holograms, and fan bases. The sector continues to evolve, offering unique experiences for fans and like-minded individuals. The live music industry has experienced a notable increase in the utilization of virtual and hybrid events due to technological advancements and the impact of the COVID-19 pandemic. Artists and event organizers have responded to evolving circumstances by adopting innovative approaches, enabling them to deliver live music experiences to global audiences despite challenges posed by large-scale gatherings. Virtual and hybrid formats have gained popularity as a solution to the disruptions caused by the pandemic, allowing musicians and artists to continue engaging with their fan bases. Market Challenges Live music market is a dynamic and ever-evolving industry, encompassing various elements such as concerts, mobile apps, DJs, artists, and genres like Blues, Pop, Rock, Metal, and Electronica. Challenges in this sector include urbanization, production lines, automation, and technology adoption. Industrial developments and macroeconomic factors influence music events worldwide. Customer preferences and emerging trends shape the landscape, with local special circumstances and social outlook also playing a role. Live music events offer unique experiences for consumers, bringing together like-minded individuals and passionate audiences. Younger generations value experiences over material possessions, driving growth in music festivals and virtual online platforms. Technology, such as holograms and social media, has transformed the industry, enabling B2C enterprises to reach wider audiences and increase Gross Merchandise Value. Event organizers face various challenges, including ticket sales, artist contracts, and production logistics. Collaboration between agents, promoters, ticketing companies, contractors, record companies, music composers, corporate brands, and sponsors is crucial. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, crew members, and industry professionals. As the industry continues to evolve, understanding consumer behavior, representing the social outlook, and adapting to technological advancements will be key to success. Goldman Sachs predicts continued growth in the sector over the next few decades. Ultimately, the live music market offers a unique blend of art, social interaction, and entertainment for fans and artists alike. In today's digital marketplace, the music industry has seen a significant shift towards online platforms and applications. This transition brings new opportunities for live music market providers to reach their audience with customized offerings. However, it also poses new challenges, particularly in the area of data privacy. To effectively target customers, service providers collect data through cookies, which track customer preferences. This data is then utilized for customer profiling, behavior analysis, and data mining. While this information aids in delivering personalized services, indiscriminate use can infringe on customer privacy. Moreover, location-based services, which require geo-location information, raise privacy concerns. As the IT industry continues to create an open, competitive electronic marketplace, it is crucial to provide secure and reliable infrastructure for the seamless transfer and integration of critical information. Ensuring data privacy and security is essential to build trust and maintain customer loyalty. Research report provides comprehensive data on impact of trend, driver and challenges - Request a sample report! Segment Overview This live music market report extensively covers market segmentation by Revenue 1.1 Tickets 1.2 Sponsorship 1.3 Merchandising Genre 2.1 Pop 2.2 Rock 2.3 Hip-hop 2.4 EDM 2.5 Metal music and others Format Event Type Geography 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Tickets- The ticketing segment is a pivotal part of the global live music market, facilitating fan access to live music events through ticket sales and distribution. Online ticketing platforms, such as Ticketmaster and StubHub, have become popular due to their user-friendly interfaces and secure payment gateways. Mobile ticketing, featuring digital tickets accessible on smartphones, enhances the ticketing experience and reduces the risk of counterfeit tickets. Secondary ticketing platforms, like Viagogo and SeatGeek, offer fans an alternative to secure tickets for sold-out events. Data analytics and personalized marketing strategies are emerging trends, enabling ticketing companies to provide customized recommendations and targeted campaigns. These advancements are anticipated to boost the growth of the ticketing segment in the live music market. For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022) - Download a Sample Report Research Analysis Live music concerts continue to captivate audiences worldwide, bringing people together through the power of music. Mobile apps have revolutionized the industry, allowing fans to access tickets, merchandise, and real-time updates on their favorite artists. From Blues to Pop, Rock, Metal, Electronica, and beyond, music events cater to diverse customer preferences. Emerging trends include the integration of technology, such as holograms and virtual online platforms, into live performances. Local special circumstances and macroeconomic factors can impact the livelihood of musicians, influencing tours and festivals. Social interaction and the connection with like-minded individuals are cornerstones of the live music experience, spanning decades. The younger generation continues to discover new artists and genres, ensuring the industry's longevity. Live music events offer more than just entertainment – they provide a unique experience for fans to engage with their favorite musicians and create memories that last a lifetime. Market Research Overview Live music concerts have seen a significant growth in popularity with the advent of mobile apps, allowing fans to easily discover and purchase tickets for their favorite artists and genres, including Blues, Pop, Rock, Metal, Electronica, and more. The live music scene is not just limited to concerts but also includes parties and music festivals, which offer unique experiences for like-minded individuals. Urbanization and industrial developments have led to the adoption of technology in music production lines and automation, transforming the way music is created and performed. Emerging trends such as virtual online platforms, holograms, and interactive activities have added new dimensions to live music events, catering to the younger generation's preferences for experiences over material possessions. Music festivals have become a cornerstone of the live music industry, attracting passionate audiences from worldwide, with genres ranging from local talent to international stars. Event organizers leverage social media and ticket sales to reach consumers, while B2C enterprises focus on Gross Merchandise Value and user metrics to optimize their offerings. The live music industry is influenced by various macroeconomic factors, including disposable incomes, consumer behavior, and emerging trends. Representativeness, social outlook, and urban population play a crucial role in shaping the industry's future, with Goldman Sachs predicting a decade-long livelihood for musicians, tours, and festivals. Live performance remains the heart of the industry, with artists, DJs, agents, promoters, ticketing companies, contractors, record companies, corporate brands, and sponsors all playing essential roles in bringing the music to the fans. From small clubs to arena shows and stadiums, the live music industry continues to evolve, offering unforgettable experiences for fans and artists alike. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Revenue Tickets Sponsorship Merchandising Genre Pop Rock Hip-hop EDM Metal Music And Others Format Event Type Geography North America Europe APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/live-music-market-size-is-set-to-grow-by-usd-35-56-billion-from-2024-2028--growing-demand-for-live-music-experiences-to-boost-the-market-growth-technavio-302314961.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Rams WR Demarcus Robinson not suspended, will play Sunday after arrest on DUI suspicion
They have seen him smiling on a hostel security camera, but don’t know his name . They found the backpack he discarded while fleeing, but don’t know where he's gone. As the search for UnitedHealthcare CEO Brian Thompson’s killer goes on, investigators are reckoning with a tantalizing dichotomy: They have troves of evidence, but the shooter remains an enigma. Police don’t know who he is, where he is, or why he did it, though they are confident it was a targeted attack instead of a random act. “The net is tightening,” New York City Mayor Eric Adams said Saturday. Hours after he spoke, police divers were seen searching a pond in Central Park, where the killer fled after the shooting. Officers have been scouring the park for days for any possible clues and found his bag there Friday. Late Saturday, police released two additional photos of the suspected shooter that appeared to be from a camera mounted inside a taxi. The first shows him outside the vehicle and the second shows him looking through the partition between the back seat and the front of the cab. In both, his face is partially obscured by a blue, medical-style mask. Retracing the gunman’s steps using surveillance video, police say, it appears he left the city by bus soon after the shooting Wednesday morning outside the New York Hilton Midtown. He was seen on video at an uptown bus station about 45 minutes later, NYPD Chief of Detectives Joseph Kenny said. With the high-profile search expanding across state lines, the FBI announced late Friday that it was offering a $50,000 reward for information leading to an arrest and conviction, adding to a reward of up to $10,000 that the NYPD has offered. Police say they believe the suspect acted alone. Police provided no updates on the hunt Saturday, but investigators are urging patience — even with a killer on the loose. Hundreds of detectives are combing through video recordings and social media, vetting tips from the public and interviewing people who might have information, including Thompson’s family and coworkers and the shooter’s randomly assigned roommates at the Manhattan hostel where he stayed. “This isn’t ‘Blue Bloods.’ We’re not going to solve this in 60 minutes," Kenny told reporters Friday. “We’re painstakingly going through every bit of evidence that we can come across.” The shooter paid cash at the hostel, presented what police believe was a fake ID and is believed to have paid cash for taxi rides and other transactions. He didn't speak to others at the hostel and almost always kept his face covered with a mask, only lowering it while eating. But investigators caught a break when they came across security camera images of an unguarded moment in which he briefly showed his face soon after arriving in New York on Nov. 24. Police distributed the images to news outlets and on social media but so far haven't been able to ID him using facial recognition — possibly because of the angle of the images or limitations on how the NYPD is allowed to use that technology, Kenny said. On Friday evening, investigators found a backpack in Central Park that had been worn by the gunman, police said. They didn’t immediately reveal what, if anything, it contained but said it would be tested and analyzed. Another potential clue, a fingerprint on an item he purchased at a Starbucks minutes before the shooting, has so far proven useless for identifying him, Kenny said. Aided by surveillance cameras on nearly every building and block, police have been able to retrace the shooter’s movements. They know he ambushed Thompson at 6:44 a.m. as the executive arrived at the Hilton for his company’s annual investor conference, using a 9 mm pistol that resembled the guns farmers use to put down animals without causing a loud noise. They know ammunition found near Thompson’s body bore the words “delay,” “deny” and “depose,” mimicking a phrase used by insurance industry critics . Kenny said the fact that the shooter knew UnitedHealthcare group was holding a conference at the hotel and what route Thompson might take to get there suggested that he could possibly be a disgruntled employee or client. Investigators know from surveillance video that the shooter fled into Central Park on a bicycle and ditched it around 7 a.m. near 85th Street. He then walked a couple blocks and got into a taxi, arriving at 7:30 a.m. at the George Washington Bridge Bus Station, which is near the northern tip of Manhattan and offers commuter service to New Jersey and Greyhound routes to Philadelphia, Boston and Washington. Investigators don't know what happened next. They are searching through more surveillance video but have yet to locate video of the shooter getting on a bus or exiting the station. “We have reason to believe that the person in question has left New York City,” Police Commissioner Jessica Tisch told CNN on Friday. Police have determined from video that the gunman was in the city for 10 days before the shooting. He arrived at Manhattan’s main bus terminal on a Greyhound bus that originated in Atlanta, though it's not clear whether he embarked there or at one of about a half-dozen stops along the route. Immediately after that, he took a cab to the vicinity of the Hilton and was there for about a half hour, Kenny said. At around 11 p.m. on the night he arrived, he went by taxi to the HI New York City Hostel. It was there, while speaking with an employee in the lobby, that he briefly pulled down the mask and smiled, giving investigators the brief glimpse they are now relying on to identify and capture a killer.None
Passengers stranded at Mumbai airport for 16 hours at the airport. As per officials, the delay was due to technical glitch of the aircraft. Mumbai: At least 100 passengers of an IndiGo flight, including students were left stranded at the Mumbaii airport. As per official, the incident , the passengers were left stranded in the airport for 16 hours dur to technical aircraft in the aircraft. Notably, Flight 6E17 was scheduled to depart for Istanbul at 6:55am. Regreeting the inconvenience for passengers, the airline later said that an alternative route has been arranged and the flight will now take off at 11 pm tonight IndiGo issues statement “We regret that our flight 6E17, originally scheduled to operate from Mumbai to Istanbul, faced a delay due to technical issues. Unfortunately, despite our best efforts to rectify the issue and dispatch it to the destination, we eventually had to cancel the flight,” IndiGo said in a message on X on Saturday. It further added, “An alternate aircraft has been arranged and is now scheduled to depart at 2300 hrs. We want to assure our customers that their safety and comfort remain our top priorities.” Flight was delayed at least thrice According to an NDTV report, the flight was delayed at least thrice in the day. The passengers were asked to board and deboard the flight few times , before they were informed that the final departure of the flight will be later in night. Angered by this several passengers staged protest at the airport, asking the airline either to issue a refund or arrange an alternate flight. Click for more latest India news . Also get top headlines and latest news from India and around the world at News9. Subhajit Sankar Dasgupta has nearly 18 years of experience. Currently, he is serving as Associate Editor with news9live.com, a part of Associated Broadcasting Company Pvt Ltd. He started his career with The Pioneer and went on to work in a number of media organisations, including IANS, Financial Express Online, The Political and Business Daily, among others. Apart from online media, he has also worked in print media. Among the beats he covers include politics, sports and infrastructure. He has a Master’s degree in Mass Communication from Guru Jambeshwar University. During his free time, he likes to read books and play table tennis. Latest News
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