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Last week in media: Disney+ launches, McClatchy in liquidity crisis, comScore recovers

2019-11-18 07:01:00| Telecompaper Headlines

(Telecompaper) Walt Disney's launch of Disney+, even though in just three countries, was last weeks biggest news. A shock announcement came out of newspaper group McClatchy. It reported an acute liquidity challenge, causing the stock to drop 82 percent in week 46 (in week 45 it was among the strongest performers, up 12%). ComScore once again performed well, up 18 percent. Earlier worries over its viability are disappearing and the stock is now back at levels last seen in July. It more than doubled since September. The Telecompaper Global Media index was up 1.1 percent over week 46, narrowly beating the S&P 500 (+0.9%).

Tags: media week disney crisis

 

Apple unveils USD 2.5 bln plan to combat affordable housing crisis in California

2019-11-05 09:33:00| Telecompaper Headlines

(Telecompaper) Apple has announced a USD 2.5 billion plan to make housing more affordable and available in California. Working with California Governor Gavin Newsom and a number of community-based organisation, Apple said it will invest in statewide housing support and help fund projects in Silicon Valley and the Bay Area. The state has seen prices jump for renters and homebuyers over the past few years, leaving many people behind. Apple noted that almost 30,000 people left San Francisco between April and June of this year and that homeownership in the Bay Area was at a seven-year low. The financing plan should take two years to become fully available. Capital returned to Apple will be reinvested into future projects over the next five years.

Tags: plan california usd apple

 
 

Facebook Commits $1 Billion to Ease Bay Area Housing Crisis

2019-10-22 21:07:00| National Real Estate Investor

The social media company plans to build as many as 20,000 affordable housing units over the next decade.

Tags: area bay housing ease

 

Purdue researcher investigates solutions to the global antibiotic crisis

2019-10-16 12:01:00| ThePigSite - Industry News

Purdue University reports that the world is running out of antibiotics but researchers at the university are working on finding a solution.

Tags: global solutions crisis researcher

 

Fossil Fuel Companies and the Plastics Pollution Crisis

2019-10-16 10:00:00| Waste Age

HuffPost points to the 350 million tons of new plastics produced worldwide annually compared to dismal global recycling rates.

Tags: companies fuel crisis pollution

 

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