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Novaya Gazeta suspends publication until the end of Ukraine war

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Media organisations within Russia continue to be silenced as Putin pushes his narrative of the war in Ukraine

The pool of independent Russian media is getting smaller and smaller the last-standing news organisation now suspending publication.

Novaya Gazeta is now closing its doors in response to two warnings from Russia’s media and telecommunications watchdog.

The latest warning endangered the future of the organisation threatening to revoke its license.

The editor-in-chief Dmitry Muratov says he is “forced to suspend the publication of the newspaper and not update the website and our social networks until the end of hostilities on the territory of Ukraine”.

He emphasised that this is a “terrible and difficult decision” but it is necessary to “preserve each other, for each other” and that the team worked until the last possible second.

This all comes as a result of Russia’s crackdown on independent media with the country’s president Vladimir Putin attempting to control the narrative surrounding the Ukraine invasion.

Now, there are no longer any news outlets remaining in Russia that are critical of Putin’s regime.

Some companies have relocated their reporters protecting them from the new law that jails journalists for reporting on the conflict in Ukraine as a ‘war’.

The Kremlin has been convincing Russians that their involvement in Ukraine is a special military operation to denazify the country.

Russia has also been limiting people’s access to social media with Facebook and Twitter already blocked and news outlets including BBC and Voice of America also unable to be accessed.

The newspaper’s chief was all over the media just last week after he announced that Novaya Gazeta is donating his 2021 Nobel Peace Prize Medal to the Ukrainian Refugee Fund to be auctioned.

It is unclear when these independent media organisations will be allowed to safely reopen.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Streaming service shift and the award season snubs

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Netflix Introduces Changes to Subscription Model, Academy Award Nominations Spark Cinematic Buzz, and the Doomsday Clock Continues its Ominous Ticking.

Netflix is set to discontinue its ad-free Basic subscription in select countries, commencing with Canada and the UK in Q2 2024.

This strategic shift introduces a significant price increase for the baseline entry, signalling potential adjustments to Netflix’s global pricing structure.

Simultaneously, the 96th edition of the Academy Award nominations has stirred cinematic debates, with the prevailing question being whether the upcoming season will be dominated by “Barbie” or “Oppenheimer.” These contrasting narratives set the stage for a fierce competition, highlighting the diverse and compelling offerings in this year’s film industry.

Beyond the realm of entertainment, the Doomsday Clock, a symbolic representation of the likelihood of a human-made global catastrophe, continues its ominous countdown.

Maintained since 1947 by the Bulletin of the Atomic Scientists, the clock serves as a metaphor for threats arising from unchecked scientific and technological advances. As global tensions, environmental challenges, and technological risks persist, the ticking of the Doomsday Clock serves as a poignant reminder of the urgent need to address multifaceted threats to humanity.

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Adidas faces potential $320M Yeezy shoe write-off post-Kanye split

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Adidas is contemplating a significant financial blow as it considers writing off $320 million worth of Yeezy shoes following its separation from music and fashion icon Kanye West.

The sportswear giant’s decision to sever ties with West’s Yeezy brand has left a mountain of unsold merchandise, threatening to dent the company’s balance sheet.

The partnership between Adidas and Kanye West, which began in 2013, had been immensely successful, with Yeezy shoes becoming a highly sought-after fashion statement.

However, recent controversies and disagreements between West and Adidas prompted the sportswear company to distance itself from the celebrity designer.

The massive inventory of Yeezy shoes now presents a dilemma for Adidas, as it grapples with finding a solution to deal with the surplus stock. A $320 million write-off could significantly impact the company’s financial performance in the short term.

Adidas is currently exploring various options, including discounting, donating, or repurposing the unsold inventory to mitigate the financial hit.

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Warner Bros discovery warns of Hollywood’s ‘real risk’ post-strikes’

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Warner Bros Discovery, has issued a stark warning regarding the ‘real risk’ that Hollywood faces in the aftermath of the recent strikes that have taken a considerable toll on the industry’s financial health.

The strikes, which disrupted film and television production for several weeks, resulted in substantial financial losses for studios, production companies, and countless industry professionals.

Warner Bros Discovery emphasised the necessity for a resilient and adaptable approach to navigate the ongoing challenges and uncertainties facing the film and television sector.

The conglomerate stressed the importance of implementing measures to mitigate such risks in the future, which include fostering better labour relations and contingency planning to safeguard against potential disruptions.

The message underlined the need for the industry to adapt to the evolving landscape of content creation and distribution, particularly in the digital era.

This warning from Warner Bros Discovery highlights the need for the entertainment industry to recognise the ever-changing dynamics and economic challenges, and the importance of preparedness to maintain its prominent position in the global market.

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