New offensive Google's music market

Auto Date Thursday, May 16th, 2013

 

No potentially lucrative sector of the Web can not escape Google1. Net giant announced Wednesday the launch of a service streaming2 music (a subscription to a music library rather than buying securities unit). Google Play Music All Access will be available for a subscription of $ 9.99 per month, first in the United States, and then rapidly in other countries, including France.

To make its offer streaming attractive, Google did not skimp on resources. It would have won agreements with the largest majors, Universal Music, Sony Music and Warner Music. "Millions of songs" are available. Google relies on its ability to recommend content based on users' tastes and manage research to differentiate. With music streaming, Google does more than add another string to its services available in Android (the operating system for smartphones and tablets, including used by Samsung, LG, Sony).

Unmet goals

Group Mountain View 3change totally strategy in music. Until now, he was content to copy Apple's iTunes download service with its securities unit, called Google Play Music. But it has not achieved its objectives in sales, generating only "a few million" dollars in 2012 according to analysts. The U.S. is trying to solve a problem so far, its services on Android does not generate enough revenue. The comparison with Apple performance in the field may be cruel to Google. In the first quarter of 2013, iTunes, App Store 4 (the Apple App store), iBooks … generated over $ 4 billion in revenue. That's four times more than Google Play. This despite the fact that 900 million Android devices have been activated worldwide, against 500 million for Apple. Another concern, Samsung would pull more profits from Android as Google itself, according to the firm Strategy Analytics.

$ 900 action

For Google, it becomes urgent to restore balance. However, the market for online music and especially the streaming is one of the most promising. And it is still under construction. For now, they are "small players" as Pandora5, a kind of Internet radio with more than 200 million users, the Swedish Spotify, which displays 6 million premium subscribers paying out between 5 and 10 dollars per month, or the French Deezer, who clear the market. But the big players arrive. Google has taken the first step, Apple would consider the follow Amazon have a project in the area, according to the Wall Street Journal.6

Buoyed by these ads, Google stock has passed for the first time the threshold of $ 900, up more than 2.5%, to $ 907, while its market capitalization now exceeds $ 300 billion. It is similar to that of Apple, which totaled 408 billion, or 240 billion less than last September, when the action has reached its historical record.

TF1 M6 accused of conducting a "price war"

Auto Date Monday, May 13th, 2013

 

First quarter accounts TF11 plunged into the red. The private audiovisual group chaired by Nonce Paolini released an operating loss of € 15.7 million and a net loss after minority interests of 6.3 million. Advertising revenues were down 12%.

LE FIGARO. – You have changed the way to present your accounts. Is it bad to underestimate your results for the quarter?

Nonce Paolini. – This makes no sense! TF1 accounts are public and audited. The truth is that for about three years, given the variety of group activities, financial statement no longer reflects how the group develops. This change in presentation, many major European groups have also adopted, is an effort to further transparency.

The results of the advertising group, down 12%, were punished Exchange last week. What is your analysis?

This is a bad performance we can not be satisfied! But all media now suffering from the economic situation. We face strong pressure from advertisers and their wait. Added to this is a competitive situation without precedent in France: the market for free TV clash sees no fewer than 25 channels owned by nine different operators. Finally, in the context of hyper-fragmentation of supply, we face a fierce price war clearly triggered by one of our competitors. Also, the results can not be good.

You mean your competitor M6 Group

.

While the market continues to be seen for several months. While lowering prices, the M6 ​​Group in step with the decline in hearing both antennas M62 and W93. He practices comparable to Freeview promotions. This is normal because its main chain became the first chain TNT4! But embarking on a wild ride that collapses as the price is destructive of value. And this is in the interest of person or televisions, or the advertisers who need media healthy! It is not the viewers who could face a decline in the supply of programs if reason does not prevail!

Are there not a paradox in your hearings have rebounded over the last nine months and your bottom line?

This does not affect, in any case, the strategy that we have set ourselves: to offer premium advertising space to advertisers. With an average audience of 23.4% during the day, unique in Europe, we offer exceptional opportunities for contacts, no other channel can offer: the TF1's audience is more than twice that of M6! In addition, TMC5 resists and NT16 increased despite the increased fragmentation of the offer. HD17 and is head of six new channels launched last December. Also, the TF1 group, with our success in the digital, has the most advantages to benefit from any economic revival. What we want and what we succeed, is to touch the widest possible and not we focus on one target on which women M6 and most Freeview cannibalize public. Because it is simply forget all the other viewers who are also prescribers and economic actors! In short, it is not only the famous housewife under fifty who decides purchases home. The company has evolved. Also continue to offer programs that bring together the largest number we go. I would add that, unlike our competitors, we are severely handicapped by the obligation to sell the advertising of our four channels via two different boards. It will not be the case in 2015.

Jo was lovely audience scores during the broadcast of the first episode, a little less in the second. Should we rethink your strategy international fiction?

There are hearings France who works and those of France bridges. Also, both Jo hearings are not comparable. And they are above average! Beyond this series, you should know that for several years the French fictions are heavily loss: revenue not balance their cost, which has been growing! They mainly affect older audiences while the American series are full of a younger audience that advertisers consider the most interesting. The stakes are high for our cultural exception! And international co-productions are a very interesting way.

"Koh-Lanta8" was a strong brand TF1. After the tragedy that affected the show, do you replace it?

We were deeply shocked. Today there is a preliminary investigation in progress and it is only in the light of its conclusions TF1 determine. The death of our candidate is a tragedy, and we now know he had a heart defect that was fatal. To me, if there is a "Koh-Lanta" matter is that the suicide of Dr. Costa. He was the victim of a heinous media lynching. Most shocking is that his death has left marble perpetrators of these terrible accusations! You know, our mission and our goal is to inform and entertain. And death should never be at the rendezvous emissions we prepare.

Aurélie Filippetti, Minister of Culture and Communication, plans for its future bill to reform the rules to improve advertising revenue channels. What do you think?

Successive governments have increased the errors favoring oversupply television. We measure the disastrous effects on the health of the audiovisual sector, that is to say, its funding and suddenly its creative dynamism. We have emphasized throughout recent months with government on several changes needed in this area: for example, the terms of sponsorship, advertising and prohibited areas creating a shopping channel. On these three points, it seems that we have been heard.

This bill also provides for dust relations between TV channels and producers. What do you expect?

All stakeholders agree: we need a rebalancing of economic relations between broadcasters and producers. We all have an interest in creating a new heritage of works that can at once to collect the larger public but also to reap the benefits internationally. It should help us build the audiovisual gives future. And my motto is that you have a fiction that is exported. This rebalancing will require a new deal with the recovery of such shares in favor of co-chains, with the opportunity to invest in the creation taking stakes in production companies, which implies a new division between dependent and independent generation . Finally, it is necessary that our obligations in a broader European space co is allowed. Series like Jo or Crossing Lines, which will be broadcast on American network NBC Universal this summer, are successful abroad before France! In short, we must give the means to be conquerors!

The Cran assigns the Deposit for "taking advantage of slavery"

Auto Date Saturday, May 11th, 2013

 

One hundred and sixty-five years after the abolition of eclavage, the Representative Council of Black Associations (Cran1) demand accounts Caisse des Depots (CDC). On the occasion of the Day of Commemoration of the Abolition of Slavery, the Cran announced Monday that it will file a writ of summons to the CDC and two of its subsidiaries. At issue: the sums paid by Haiti in exchange for its independence, the CDC has collected for years. "The CDC is complicit in a crime against humanity," and said Louis-Georges Tin, the president of Cran, accusing the state bank to have played "a significant role in slavery."

Campaign more comprehensive repair

The case dates back to the nineteenth century, when Haïti2 gained its independence against the troops of Napoleon Bonaparte (1804). About fifteen years later, France agreed to recognize the sovereignty of the island by drying a financial toll to compensate its settlers. From 1825 to 1946, Haiti is paying "amounts equivalent to $ 21 billion," according to Louis-Georges Tin, according to which "the ransom in Haiti precipitate a downward spiral of instability and poverty." CDC, public financial institution created under Napoleon, then in charge of collecting these benefits. The director of Cran therefore hope that this money be returned to the Haitian people. Counsel for the Board, Mr. Norbert Tricaud, intends to apply to the CDC "to abound by at least 10 million endowment fund to finance research" on slavery. Friday, it was returned to the Treasury, which collects money paid to the CDC after 30 years. "Legally, the amounts are recorded in the Deposit shall be refunded to the Treasury after 30 years," a spokesman insisted.

The action taken by the Representative Council of Black Associations is part of a more comprehensive approach to reparations, which could then be extended to private banks or sugar groups no faxing 1 hour payday loans. "If we do this assignment is to contribute to the debate," said the lawyer Norbert Tricaud, rejecting any desire for revenge. In January, Cran, created in 2005 to "fight against the discrimination faced by black people in France," had supported a descendant of slaves who wished to assign the state to court to obtain compensation for the damage caused by the control of a grandfather. A first in France. At present, however, the assignment has not been filed.  

An Ifop poll commissioned by the Cran says that 63% of people overseas departments are in favor of repairs, "whether moral or financial." "Without a political solution, we conduct the debate on the legal," said the president of Cran, although its position is not shared by all the descendants of slaves.

The "can not repair" according to Holland

François Hollande3 however implicitly imposed a fine of not receiving requests from Cran. In a commemorative speech on Friday, the president spoke of "the impossible repair." "The only choice, the most worthy, the largest, is the memory, alertness and transmission," he said. Jean-François Copé4, president of the UMP, said on RTL radio that it was "difficult to speak of material compensation" of slavery as "so many centuries have passed," but "in contrast, duty of memory is essential. "

"Any crime called repair, and when the repair is denied is that denies that there was truly crime. We need a comprehensive repair: moral, cultural, financial, symbolic, material, "responded Louis-Georges Tin.

Agreement on the Rescue snatch Cyprus

Auto Date Monday, March 25th, 2013

 

Cyprus and its donors have pulled in the night an agreement to avert immediate bankruptcy of the island, with EU support. But this rescue, acquired after fourteen hours of tense exchanges, results in the closure of Laiki the second bank, and a net loss estimated at between 30 and 40% for the largest depositors of the first institution, Cyprus Bank.

On paper, the Cypriots will escape the tax from 6.75 to 9.9% Eurogroup had promised them ten days ago on all bank accounts. In fact, the agreement submitted in the night to the final approval of the Eurogroup may cost much more to larger depositors, individuals, companies and non-residents, including Russians. Laiki will be immediately liquidated and they risk losing everything that exceeds 100,000 euros guaranteed by EU legislation.  

Cyprus Bank will be degreased and sharply reduced its balance sheet, with a proportional discount on deposits in excess of the limit of coverage. In both cases, these management measures that do not require approval of the parliament in Nicosia, unlike the tax originally envisaged. The two banks together represent about 80% of the island's financial system.

The outcome of the standoff, hired a week ago, however, allows both sides to claim a success. Nicos Anastasiades, newly elected President of Cyprus, avoid bankruptcy and can claim he has withdrawn his country to a tax spectacularly rejected by parliament in Nicosia. Europe, meanwhile, managed to keep the common currency in Cyprus and deny himself starve, as envisioned by the ECB.

"The best agreement can be reached," according to Lagarde

Christine Lagarde, Director General of the International Monetary Fund, described the agreement "as the best that can be achieved from facing challenges more complicated." The Eurogroup has given the green light for financial assistance. But its president, Dutchman Jeroen Dijssebloem said during a press conference concluding a meeting of the Eurogroup that the amount of aid donors (European Union and International Monetary Fund) is unchanged and 's' amount to 10 billion euros. "

The outcome was precipitated by an emergency appointment seventeen finance ministers in Brussels on Sunday evening. Sign of initial tensions, the meeting began in the middle of the night, with more than six hours late. In fact, this is a camera prior to reduced staff, with Anastasiades President, Herman Van Rompuy, José Manuel Barroso, Christine Lagarde (IMF) and Mario Draghi (ECB) has the breakthrough.

In the last hours, the leaders of Nicosia had ended up, after a long denial of the danger. "The goal is to save the Cypriot economy and avoid a debt default uncontrollable effects," acknowledged Cypriot President upon his arrival Brussels. The price of a rough exchange the Executive Director of the IMF, the President got the Cyprus Bank is not liquidated as Laiki, but kept alive and restructured. To achieve this, Nicos Anastasiades was up to his resignation in the balance. Once the compromise torn in small groups, the seventeen ministers of the Eurogroup have countersigned and set the details. "The immediate future looks difficult for Cypriots," warned Olli Rehn, "Mr. Euro "of the European Commission.

Remains a bitter pill to impose a government just installed a Parliament had rejected outright the first draft of the plan and Cypriots who has long believed in a miracle cure. The EU and IMF have not hidden that night that "restructuring" Banking is the hottest step sanitation of the island. Should follow as Greece, Portugal and Spain, fiscal consolidation and restoration of external accounts, with effect as a brake on the same activity.

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Internet, e-mails, Facebook: what is allowed in the office

Auto Date Saturday, March 9th, 2013

 

• Internet: surfing too can justify dismissal

Tourism sites, comparing prices, ready-to-wear, women's magazine … This framework has performed all 10,000 connections to the Internet from his office, within two or three weeks, unrelated to his work. The Court of Cassation, in the beginning, the immediate dismissal of the employee. The use of "abusive" Internet was selected as "serious misconduct". "In this area, as for the rest, there is a principle of fairness: the working time should be used for the job," summarizes Mr. Eric Rocheblave, a lawyer specializing in labor law at Montpellier.

Personal use of the Internet in the office, it is reasoned, is not prohibited by the Labour Code. The employer, however, the right to control what sites are visited, since the connection is provided within the work, and supposed to be used for professional purposes. Some sites are of course to be avoided: the Bordeaux Court of Appeal held in 2011 that the consultation sites "sexual activities and meetings" is a serious offense.

• Social networks: they constitute evidence of fault

What is said on Facebook is far from private, dozens of cases to prove it. Three engineers were dismissed in 2010 for insulting their boss on the social network. Posts were only visible by their "friends" … where an employee of the company, which has screenshots and forwarded to the employer. "The impressions are found increasingly in labor arbitration cases, observed Rocheblave me. Everyone is spying and folders. "Traces left on social networks constitute evidence and may be grounds for dismissal.  

The use of Facebook in the office is not prohibited but not recommended, especially if excessive, again because the principle of fairness at work. For many, the question does not arise: in 2011, 64% of companies blocking access to these networks to their employees.

In rare cases, social networks can also save the employees. Court of Appeal of Poitiers, a licensed salesperson verbally could demonstrate that it was well under employment contract showing messages left by his employer on his Facebook page.

• E-mail: protected if identified as "personal"

All e-mails from the professional messaging … are supposed to be professionals. The employer has an "absolute right" of these emails, "the same way a baker look at how our employees are making bread," notes Rocheblave me. Nothing prevents an employee to send personal emails, but in moderation. In 2009, the Council of Angers Prud'hommes confirmed the dismissal of an employee who had sent 156 personal e-mails in two months.

The secrecy of correspondence applies to personal mails clearly identified as such with the word "personal" in the subject. They can be consulted by management in the presence of the employee or representative, except in cases of "risk or special event." With regard to the content of e-mails, the same rules of decency apply. The Court of Appeal has recently Orleans upheld the dismissal of an employee for sending saucy emails to colleagues.  

• Work Phone:

some tolerance

According to the CNIL (PDF), "The use for personal phone (provided by employer) work is tolerated if it is reasonable and not prejudicial to your employer." Conversations can not be recorded, except in special cases and reported (qualitative studies, for example). The employer can control the use of the telephone, from invoices and phone records. An employee who had sent 522 SMS and spent a total of 24 hours of calls in three months on his business phone has escaped dismissal last summer, before the Court of Appeal of Grenoble. She acknowledged the complaint but considered as disproportionate dismissal, an employee with 12 years of seniority.

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G20: the United States criticized the presence of Argentina

Auto Date Monday, February 18th, 2013

Argentina deserves it sit at the table of the G20? Clearly not meet the Association of American taxpayers (NTU), a powerful lobby near the Republicans, who feels that Cristina Kirchner should give way to Switzerland or Norway. "Argentina …

France Télévisions will return to the pub in the evening

Auto Date Wednesday, February 13th, 2013

Rémy Pflimlin, President of France Télévisions, did not budge. A few weeks before the end of its negotiations with the state on its contract goal and means, he campaigning for a restoration of advertising on the main …

Bruce Willis to rescue Marie Brizard

Auto Date Tuesday, February 5th, 2013

Belvedere shareholders will vote February 12 on the future of the group in trouble. Bruce Willis announced he will vote in favor of the plan negotiated by the administrator Frederic Abitbol. The star, which, since 2009, promoting …

Exile Afflelou wants to go "where is the work"

Auto Date Sunday, December 23rd, 2012

 

Called the "unexpected Journal" on RTL, Alain Afflelou, head of the eponymous group of glasses and hearing aids is justified on Thursday announced his departure for London. While tax exile Gérard Depardieu for Néchin looks like a national tragedy, the leader has denied any tax incentive in its approach to cross the Channel. "My father taught me that we must go where the work is and not wait for the work to come to us (…), he explained. My English shareholder since June, Lion Capital, asked me to go and develop Northern Europe where we are completely absent, "he added, stressing the importance of finding new sources of growth to compensate for its traditional markets, now weakened (France, Morocco, Belgium, Switzerland, Spain, Portugal …)

The leader of 1200 outlets hopes materialize contacts "fairly advanced" with foreign channels and strengthen its distribution network. To cut the grass under the feet of any detractors, he also points out that his departure 20 years ago, in Switzerland, in the same spirit as his exile in London, had resulted in "the creation of many jobs and taxes paid in France. "

"Taxation confiscatory"

On his arrival in London, he will have the status of "non-domiciled", which will certainly meet in Britain tax labor income, but do not exempt in France the wealth tax on real property and income of French origin flexcheck cash advance. "I'm not trying to juggle. I always paid my taxes in France, even when I was in Switzerland. I will pay in England that I have to pay, and in France that I have to pay. In any case I will not leave my nationality for not paying taxes "based Alain Afflelou, stating that his London exile will not last more than three years.

Ranked 204th fortune by the French magazine Challenges, however, the contractor did not mince words about taxation. "The system in France is extremely unfavorable for all people undertaking. From now on, people who are in the bracket income tax at 75% can exceed 90% taxation so yes we can talk about confiscatory taxation. "

According to him, the entrepreneurs in France are also the target of a real "trench warfare": "You have to stop saying that successful people are thieves, thugs, and dishonest people. There is not that artists have the right to be considered: the people who work and do other work, we need, "he said about the recent exile of Gérard Depardieu and the controversy it has generated.

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Heavy fines for Orange and SFR

Auto Date Thursday, December 13th, 2012

 

The competition authority has pronounced Thursday morning heavy fines against Orange and SFR 117.4 million for Orange and € 65.7 million for SFR. These amounts will be paid to the State. After six years of a very thorough investigation, the Competition Authority concluded that the two operators have practiced discriminatory tariffs. Orange and SFR have immediately said they would appeal the decision and "the competition authority is preparing for lengthy court battles," said its president Bruno Lasserre.

It is an ancient history dating back to 2006. Bouygues had filed a complaint against its two competitors, who performed significant tariff discounts to their customers when they call a contact from the same operator. These discounts could for example take the form of three "numbers gifts" included in a package that allowed Orange and unlimited calls to three people, provided they are also in Orange.

A tactic which of course encouraged families and friends to come together at the same operator. This "club effect", a powerful tool to recruit and retain subscribers, strongly penalized Bouygues Telecom, which has a fleet of mobile clients almost half that Orange and SFR. "The effect is very strong tribe as 70% of calls are made between 3 numbers" noted Bruno Lasserre. The third operator felt especially aggrieved that this practice lasted several years.

Orange does not abate

These offers are marketed today. But they still relate between 2 and 4 million customers. "It's great at first these offers here, but there is a hidden anti competitive," said Bruno Lasserre said. Following this decision, Orange and SFR are now obliged to leave affected consumers who wish to terminate their subscription at no charge, even if they are under commitment. As for Bouygues Telecom, he said that he would claim damages in civil court. The sums involved could be very important.

Orange does not abate. "We regret one market strategy systematically Bouygues litigation against the innovations of its competitors, rather than a business strategy whose effectiveness is demonstrated by the evolution of the mobile market in recent years. Orange obviously exercise its remedies before judicial authorities against the decision of the FCA. This condemnation of 117,419,000 euros was early in the group's accounts, "said the operator in a statement.

"Bouygues claims that he could compete on equal terms with Orange and SFR on these offers unlimited due to the limited size of its subscriber base and its status at the time of last entrant. However, Bouygues enjoyed parallel to the pension assured him control remote for more than 15 years, through high tariffs for call termination (nearly two billion euros) instant payday loan. The operator chose to develop one of the highest ARPU in Europe rather than lead the market with offers restoring all or part of the annuity to the consumer, "said Orange.  

SFR: "Some comparisons are strictly impossible"

The competition authority, one of the most active in Europe, despite its limited resources (a small team of 180 people and an annual budget of 20 million euros), has built a reputation by forcing in 2005 record fine of 534 million euros for the three operators sentenced for "mobile cartel." He also ended the exclusive distribution of the iPhone by Orange, in a procedure whose file has 48,000 pages. He currently still many issues going on in the telecom sector. He instructs particular folder on offer "4Ps" Orange Open, following a complaint by UFC Que Choisir. "It is a matter of locking customers, costs to prevent potentially important customers to switch operators and undermine market liquidity," said the authority, which should make its decision in January 2014. More shortly, it should give an opinion on MVNOs mid-January, following a referral association Alternative Mobile on pricing, access to certain flows etc..

Asked about the incredible year that took place in the telecom sector with the arrival of Free Mobile, Bruno Lasserre said that "turbulence is an inevitable component of competition. Of course, these shocks creates anxiety and worry, but it must be abstracted from the immediate context and give time to measure the real impact. A competitive economy is an economy of innovation. We prefer turbulence calm, there were periods too flat. Long-term protectionist measures or Malthusian have always been at the expense of employment. We must also look at the upstream and downstream sectors, as there is a strong diffusion effect for both households and businesses. "

Finally, the large telecom Mechanic is preparing, while Vivendi seems to have decided to sell its subsidiary SFR, Bruno Lasserre was very clear: "It is clear that certain configurations approximation would face a clear refusal on our part, even with remedies. They would be strictly impossible. We will maintain the competition, "he said. In recent months, scenarios merger between SFR and Numericable, but SFR and Free or SFR and Bouygues have been mentioned. In France, there was no denial of concentrations from Coca-Cola in 1999. During the same time, there were 54 refusals in Germany. "So if we concentrations present impossible, we will not hesitate to say no," he concluded.

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