Music income – Sieben Viertel Sat, 15 Jan 2022 14:40:32 +0000 en-US hourly 1 Music income – Sieben Viertel 32 32 Some performance venues close as omicron spreads Sat, 15 Jan 2022 13:47:00 +0000

BURLINGTON, Vt. (WCAX) – As the rise of omicron continues, venues across the country, including here in New England, are canceling shows and closing again as they did at the start of the pandemic.

Chad Hollister, a guitarist, singer-songwriter and drummer based in Vermont, said that due to the current rise of omicron, he is not doing any live gigs.

“The site closures have really affected a lot of my community. It just upset us,” Hollister said. “Step back for health reasons but also just to preserve yourself.”

Instead, Hollister created custom songs for various businesses and nonprofits. It’s a change that he says works well for him.

“It’s a good way to keep playing music but stay away from the public,” he said.

But Hollister says some of his colleagues who aren’t yet ready to leave the live music scene are struggling to book gigs, as New England venues begin to cancel shows and close again for the second times during the pandemic.

“Just financial devastation. People who, like me, don’t make the trip to get out of the club and still want to travel and still want to tour and sell records and so on, that takes away a job,” Hollister said.

Currently, the state of Vermont does not enforce the closure of performance venues. But Commerce and Community Development Secretary Lindsay Kurrle says they are offering recommendations, such as requiring proof of vaccination or a negative COVID test.

“We are seeing some businesses in the state that have already implemented this and they are sharing that it is going well and it provides a safer environment for their customers but peace of mind for their employees which is also an important element at this stage. time,” Kurrle said.

Kurrle says the state hopes to continue to refrain from imposing restrictions that limit the operation of local event venues, as well as the freedom of those wishing to attend performances.

“People who feel comfortable in this environment will generally choose to go there. And for people who aren’t comfortable, they’re probably going to abstain for now,” Kurrle said. “Vermonters, again, have learned so much and are weighing their own risk and willingness to go into these environments.”

The New England Musicians Relief Fund (NEMRF) is stepping up its efforts to help professional musicians in financial difficulty.

“Ticket sales are at a standstill, shows are canceled and professional musicians who depend on this time of year to earn the bulk of their income feel like once again the carpet has been swept away. shot under them,” said Gabriel Langfur Rice, trombonist and president of the New England Musicians Relief Fund. “Medical bills, rent, childcare, studio time and bills that have been deferred during the pandemic are adding up to a financial crisis for too many of our colleagues.”

The NEMRF is now accepting applications from musicians who lose their jobs.

Copyright 2022 WCAX. All rights reserved.

To give parents options, Illinois lawmakers should preserve the tax credit scholarship program Tue, 11 Jan 2022 21:30:00 +0000

Tracy Smith is a substitute teacher in Chicago public schools and a single mother raising twin sons in Hyde Park. When her mother fell seriously ill several years ago, Tracy set out to take care of her sick relative.

But financial pressure from her mother’s intensive care set the family back and threatened Tracy’s ability to babysit her sons at St. Sabina, a Catholic school in town where her sons were academically successful. They were exposed to the program and opportunities such as art, music and Boy Scouts that Tracy knew they wouldn’t have at their local public school.

Every child deserves access to an education that works for them.

A state scholarship program, passed under the Invest in Kids Act, provides just that to students and families in need. Investing in Kids saved Tracy and her boys when they received tuition assistance through the Tax Credit Scholarship Program. This money allowed them to stay in their beloved school even in times of financial hardship.

Tracy’s sons are among thousands of Illinois children who have benefited from the Tax Credit Scholarship Program. Another 26,000 children were on the waiting list in May, according to Empower Illinois, in hopes of having a chance to change their lives.

Provide access in the midst of the pandemic

Two years of education in the grip of a pandemic have proven the need for access to a variety of different learning options. Grim results can arise when children are excluded from classrooms, lacking time with their teachers and beloved friends.

The Centers for Disease Control and Prevention released a study that found that only 1 in 10 Illinois public school students had access to full-time in-person learning during the first eight months of the 2020-2021 school year. . Illinois ranked among the worst in the country for providing students with access to full-time in-person learning between September 2020 and April 2021, less than any other state in the Midwest.

All these absences led to damaged school results. Earlier this month, the Illinois State Board of Education released district-level test data showing declining skills – and 30% of Illinois students didn’t even take the test.

Private schools were among the only places in the state where children had access to full-time in-person learning during the 2020-2021 school year. Yet Gov. JB Pritzker has attempted to punish them, and the low-income families they serve, by targeting the scholarship program for the tax credit for last season’s budget cuts.

Pritzker called it a “tax loophole” that needed to be closed, a bizarre description for a program in which participants’ average annual income is $ 38,000 and nearly half of participating students are black or Hispanic, data shows on Scholarship Families who work with Empower Illinois.

Fortunately, this program has survived without cuts, and state lawmakers have given it an extra year of life. But it’s still set for sunset – that is, disappearing – at the end of 2023, leaving many children and parents unsure of their future.

Opponents of the program don’t think taxpayer dollars should go to private schools, but much of the public favors the flexibility. A June poll by RealClear Opinion Research showed that 74% of registered voters – including 70% of Democrats – support parents and children ‘s access to education options. Previous legislation has shown extreme bipartisan support for the tax credit scholarship program.

“I always say we pay property taxes, but we don’t go to schools in our district and it’s a little unfair because I think our money should go where our kids go,” said Bose Clodfelter, mother. of two children in Joliet. .

Her sons have both benefited from the Illinois Tax Credit Scholarship Program. It kept her older son away from bullying in public schools.

“We invest in the education of our children, and this money should be allocated where we choose it so that they receive the education that we would like them to receive,” she said.

Parents have learned the importance of being actively involved in their children’s education over the past two years. They are open to alternatives, whatever it takes to give their children the best possible education.

Illinois politicians kicked off their legislative session last Wednesday and should make sure they give parents and children what they want and deserve. Invest in Kids equates access to great schools regardless of income or zip code. It is a program that deserves to be preserved.

Hilary Gowins is vice president of communications at the Illinois Policy Institute.

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Kathputli live: Musicians, puppeteers from Delhi colony will attract digital viewers | Latest India News Mon, 10 Jan 2022 00:29:30 +0000

These days, a group of about half a dozen artists from the Kathputli Colony – puppeteers, drummers, dancers – come together, wearing masks, to practice their art in a small aerocon room. The room, whose wall is covered with black fabric, has a mobile phone on a tripod, a microphone, an audio recorder, lights and a laptop. The artists rehearse for Kathputli Utsav, an online art festival to be organized in February by the University of Manchester in the UK for artists from the colony.

“The two-hour event will feature performances, lectures and panel discussions on the condition of artists in India during the pandemic,” said Vijay Maitri, a community leader and theater artist. “The online event will be televised live from our colony to be seen live on the big screen at the University of the UK.

Artists here have used technology to save their art and livelihoods during the pandemic. “

Indeed, hundreds of performing artists and artisans in the Kathputli settlement, perhaps the largest performing artist community in the country, have turned to technology in the last two years of the pandemic. , hosting online shows, workshops for kids, and making educational videos using puppets on a variety of topics, including Covid.

When the pandemic struck, artists in the colony performing at weddings, birthday parties, malls and restaurants struggled to make ends meet as the shows dried up.

In fact, Covid-19 has been a double whammy for 2,800 families in the Kathputli settlement, who for more than four years have been living in squalid conditions in a transit camp in Anand Parbat after their settlement was demolished for DDA’s first in situ slum rehabilitation project. . Displaced and unemployed, they struggled to survive. “When the first lockdown took place, the situation was dire; many families here had nothing to eat. A few young artists, who had savings, raised money to help and also contacted nonprofits across town, who came forward to donate ration kits, ”says Maitri.

As part of the relief efforts, Maitri and her young team of volunteers also hosted an online show on Zoom in an effort to get people to contribute to the fundraising campaign they launched on a crowdfunding platform. . More than 100 people, says Maitri, watched the event live across the world and some of them helped raise funds. “That’s when we realized that our artists can also do shows online to earn money,” says Maitri, an engineer turned social activist, born and brought to the settlement of Kathputli, where he came to live and work for the community after quitting his job with a multinational company. “We started teaching young artists in the colony how to create live events on Zoom, Facebook and Instagram. “

The team also set up a makeshift studio in one of the halls of the transit camp, to organize online performances. “We made a list of the equipment we needed for the live events: speakers, microphones, lights, sound mixers, cameras, and circulated it among our friends and supporters outside the colony on WhatsApp. ; they responded by donating a lot of that equipment, and we started, ”Maitri said.

Many artists have also transformed their cramped one-room homes in the transit camp into a stage by using green or black fabric to cover the walls and decorating the space with puppets and other crafts made by artisans. local.

Vinay Bhatt, 26, puppeteer, is one of these artists. He often streams live on Zoom from his room in the transit camp and has so far performed two dozen online shows and puppet workshops. He says that until the lockdown he knew nothing about online shows, but he was trained by his friends in art circles outside the colony. A friend of his, he says, even gave him a laptop and he got other gear like a webcam from Dariya Dil Dukaan, a gift economy forum on Facebook. Bhatt, who studied up to the fourth level, not only performed several live shows but also online puppet workshops for a company offering Art Integrated Learning (AIL) for children and several educational videos using puppets on Covid and other topics for various governments and non-government agencies.

“Online shows are not a substitute for physical shows, as performers crave applause from audiences. In an online show, we play for cameras, which sometimes gets boring, but at least we can support ourselves financially and keep our art alive. Otherwise, our art and our artists could soon be forgotten without any kind of spectacle, ”says Vinay Bhatt.

And how much is he paid for an online show? “I used to earn around ??7,000 for performing at a birthday party, but I get almost half the money for a similar online performance, ”says Bhatt, who also created Puppet Kala, which he describes as a“ production house ”to help local artists do shows online. . His most recent online show, he said, was for a birthday party at an army officer’s home in Delhi cantonment. “Although our income is far from pre-pandemic levels, I am now confident that I can use all of my experience and knowledge of the various digital tools to support myself in my worst times. I think every performing artist has to learn technology, ”he says.

Agrees with Santosh Bhatt, 50, another well-known puppeteer from the colony, who has performed several shows and workshops online. He says that before the pandemic almost no artist had a Paytm account, but now most are receiving payment for their online performances through online wallets such as Paytm or Google Pay. “We were trained by young volunteers in the use of mobile wallets. While we get little money from online shows, at least we get new audiences, which could help us revive our dying art, ”says Santosh.

Many Kathputli artists, led by Maitri, also collaborate with foreign artists online. In October, for example, a group of drummers from the colony collaborated with artists from Scotland, Jordan, Zambia and Kenya as part of a project by Tinder Box Collective, a community of young artists and musicians in Scotland. The project called “Samta Sessions” aims to form an international collective of musicians, artists, dancers, puppeteers and community groups, in India, Kenya, Zambia, Scotland, Jordan, Nigeria and Ireland and to create them new opportunities.

“It has been a great experience making music with artists from so many countries online. We hope this will also give us the opportunity to do more shows online and offline in these countries, ”said Vinod Bhatt, drummer.

Maitri now runs a three-month fellowship for young people from the Kathputli settlement in partnership with Pravah, an NGO. As part of the scholarship, 10 young people carry out projects in mental health, education, digital literacy, among others in the colony.

Rohit Bhatt, 21, runs a digital literacy project, helping artists in the colony organize shows online. “I go door-to-door to train artists in the use of cell phones for live performances. While the young here, although poorly educated, learn quickly, the older artists struggle to use the technology. But everyone is keen to adopt the technology, ”says Rohit. “We have so far trained over 100 artists to create online events on Zoom, Facebook and Instagram, and we will be training many more in the months to come. I firmly believe that technology can really help save our art. The pandemic has made them desperate, but technology gives artists new hope. “

Live music flyers are taken down again as omicron soars Sat, 08 Jan 2022 02:10:00 +0000

EVERETT – Marc Tachell has been behind since 2009, compiling local shows, promoting events and sometimes helping his musician friends book concerts all over town.

But after 13 years, he presses pause. The concert flyers on the site’s home page have been replaced with static venue listings.

“It’s stupid to get people to COVID. I can’t do this, ”Tachell told the Daily Herald. “I will not refer people to COVID infection. “

For a while, I felt like Everett’s music scene was picking up steam. This fall, as cases dwindled, a new downtown venue punctuated a trio of performance spaces within walking distance of Hewitt Avenue.

Now the omicron variant is fueling a huge rise in infections, filling hospitals and overwhelming testing sites.

For local venues and artists, this is bad news. Again.

“The holiday shows went really well,” Lucky Dime owner Amber Vincini said this week. “People were coming together again, and it was like we were about to step into the New Year and things were getting better. And very quickly, that changed.

Before Christmas, the small hall hosted local musicians performing happy holiday tunes. “Grandma Got Run Over by a Reindeer” got the crowd singing. But last weekend, Lucky Dime canceled their show list after a conversation with the bands.

A bar menu and poster with Lucky Dime’s calendar of events sit on a bar table in the empty Everett facility. (Olivia Vanni / The Messenger)

“It was a pretty easy conclusion to draw. To be like, ‘Looks like we’re both really uncomfortable with this,’ ”Vincini said.

Lucky Dime’s crowds might be young, she said, “but of course we’re all more worried about releasing it to our families or friends.”

The historic director of the Everett Theater, Curt Shriner, faces a similar dilemma.

“I’m also canceling shows left and right,” he said.

It’s not that the artists cancel the dates. Shriner said no one was buying tickets. An upcoming show that normally sells 150-200 tickets so far is at 18. Two of the four events scheduled this month will likely be canceled, he said.

“We have no income,” Shriner said. Unlike other creative spaces, the theater does not depend on donors. We do not have it. We do it out of our pocket.

The owner of the Black Lab Gallery and the bar, Isabella Valencia, said she doesn’t know many people who have contracted COVID in the past. That changed with the omicron surge, however.

“We have sick people everywhere,” she said. “I have never seen so much disease happen.”

On the phone, she counted under her breath how many shows the venue has canceled since Christmas.

“One, two, three, four – we’ve had eight shows canceled so far,” she said.

On top of that, the room’s pipes burst during the recent cold snap.

“I’ll be honest with you. Today I was just thinking – I don’t know – are we going to be okay? Can we stay open? she said. “This new variant scares people.”

A mask warrant flyer at the Lucky Dime in Everett.  (Olivia Vanni / The Messenger)

A mask warrant flyer at the Lucky Dime in Everett. (Olivia Vanni / The Messenger)

It also scares Tachell. His decision to stop listing local shows came after a recent night out with his girlfriend.

“We couldn’t get away from the masses of people around us who weren’t masked,” he said. “It looks like all the rules have loosened up for the bar scene.”

Tacell will soon be 70 years old. He said he knows too many unvaccinated musicians who play and still attend shows.

“It just freaked us out,” he said. “That’s it. I’m done.”

Some shows, of course, will continue.

Guy Johnson’s band have been performing locally since 1977. It won’t stop because of COVID, he said, highlighting upcoming concerts in Tulalip and on Whidbey Island.

His less than optimistic view is that the music scene has been in decline since the digital age.

As for omicron, he said, “It’s just another nail in the rock and roll coffin.”

Claudia Yaw: 425-339-3449; Twitter: @yawclaudia.


]]> UK spends record £ 9.7bn on home entertainment in 2021 | Digital media Thu, 06 Jan 2022 10:01:00 +0000

British consumers spent a record high of almost £ 10 billion on home entertainment last year as the pandemic continued to fuel a boom in streaming services such as Netflix and Spotify.

This included a “miracle” increase in revenue from sales of physical music formats after two decades of seemingly inexorable decline, helped by hungry live concert fans spending their extra cash on vinyl.

Overall entertainment spending, which covers digital and physical video, music and games – including sales of CDs, DVDs, and video games – rose 4.6% last year to $ 9.7 billion. pound sterling.

The numbers, which were inflated by the growth of streaming TV and music subscription services, defied expectations of a dip after entertainment spending in 2020 grew at the fastest pace in a quarter century.

Chart: Spending on games, video and music in 2020 compared to 2021

James Bond: No Time to Die was the best-selling video content of the year, with Bond fans collecting three times as many copies as the next hottest entry. The latest edition of the Fifa football title once again topped the video game charts, while Adele’s 30 was the most popular album.

“The entire industry had prepared for revenue to stabilize in 2021 after 2020 grew 18.7%, but growth continued for the ninth year in a row,” said Kim Bayley, Managing Director General of the Entertainment Retailers Association (ERA), which publishes the annual report.

“The vast majority of growth is driven by digital services which make entertainment more accessible and convenient than ever. “

The numbers highlight the scale of the drastic shift towards internet-based services, from subscribing to a service like Netflix or Spotify to buying or renting a game, movie or music. a box set on Apple’s Sky Store or iTunes, with nearly 90% of the total entertainment. spend now on digital services.

Chart: digital vs physical retail spending in 2020 and 2021

Total digital revenue rose 8.3% to £ 8.66 billion, more than the value of the overall market just two years ago. By comparison, overall physical income fell 18.5% to just over £ 1 billion.

However, ERA said that in this decline, music fans have performed a “miracle”, with physical music sales showing growth for the first time since 2001.

Sales of physical music rose 7.3% to £ 291.5million thanks to the continued boom in popularity of vinyl, which was spurred by fans spending their money to store their music collections in due to the lack of concerts and concerts.

Revenue from vinyl album sales rose 23% to £ 135.6million, while CD sales continued to decline 3.9% to £ 150million. “The return of physical music sales to growth for the full two decades since they began to decline is nothing short of a miracle,” Bayley said.

However, the music industry remains digitally dominated with revenue from subscriptions to services such as Spotify, Apple Music and Amazon Music climbing 11% to £ 1.3 billion. This was more than the total value of the UK recorded music industry in 2018 and accounted for 80% of the £ 1.67bn total.

Physical expenditure vs downloading vs streaming from 1995 to 2021

Adele produced the most popular album of the year with total sales of 600,000 copies, followed by Ed Sheeran, which sold 432,000 copies.

In the video market, subscription streaming service spending, led by Netflix, Amazon’s Prime Video and Disney +, increased 28% year-on-year to £ 3.16 billion. Overall, digital revenue accounted for 93% of the total £ 3.75 billion video market, which grew 13% in 2021.

However, the lack of blockbuster theatrical releases over the past year has significantly affected revenue from subsequent DVD sales as well as digital ownership and rentals of services such as Apple’s iTunes and Sky Store.

Overall DVD sales revenue fell 40% to £ 150million, while Blu-ray disc revenue fell by a fifth to £ 85.7million and digital rental and ownership fell 28% to £ 336million.

Nonetheless, Bondmania generated 1.1 million No Time To Die sales, including renting and buying or downloading a physical or digital copy, more than the rest of the top five sales combined.

“The reopening of theaters and the large backlog of Hollywood blockbusters means we can expect further growth in ownership formats this year,” Bayley said.

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In games, which was the largest sector in the entertainment industry at £ 4.28 billion, revenue fell 3.3% in 2021, after hitting an all-time high in 2020 sales with growth by 18%.

ERA said a key factor in the decline was also the global semiconductor shortage, which had kept gamers from getting their hands on the latest PlayStation and Xbox consoles.

The only segment to show growth last year was mobile and tablet games, which grew 8% year-on-year to £ 1.5 billion. Fifa 22, the best-selling game of the year, sold 917,000 physical units and 1.3 million digitally.

Round Hill Royalty Fund acquires publishing rights for country singer / songwriter Niko Moon Tue, 04 Jan 2022 14:19:56 +0000

Round Hill Music Royalty Fund Limited has acquired what it calls a “significant” share of the publishing rights from American country singer / songwriter Niko Moon.

The chord includes 29 compositions, including songs performed by Zac Brown Band, Avicii and Sir Rosevelt.

The catalog includes the number one hits of Zac Brown Band House, Keep me in mind, Heavy is the head, Nice drug and Love you easily.

Heavy is the head was the second single from Zac Brown Band’s fourth studio album, Jekyll + Hyde and was used as the theme for the 2015 Major League Baseball season.

The song also appeared in the WWE 2K16 video game.

Zac Brown’s # 1 hit, Love you easily is co-authored by Al Anderson, a catalog already owned by the company.

Niko Moon is signed to Sony Music Nashville / RCA Nashville.

He has written songs for many artists in the genre, including Dierks Bentley, Zac Brown Band, Rascal Flatts, and Morgan Wallen.

He was also a member of the Sir Rosevelt group with Zac Brown and Ben Simonetti. In 2021, Moon won the Songwriter of the Year award at the SESAC Nashville Music Awards.

The acquisition of the company includes 29 compositions of Niko Moon publishing rights.

According to Round Hill, the catalog has a revenue mix of 37% Mechanical, 52% Performance, 10% Sync, and 1% Other.

In terms of geographic exposure, 84% of turnover comes from the United States, while the balance comes from other countries.

The best songs ranked by income are: Homegrown, Keep Me in Mind, Heavy is the Head, Beautiful Drug and Loving You Easy.

Round Hill states that all of the above figures are based on catalog royalty statements for calendar years 2018 through the first half of 2021.

Additionally, Round Hill says it is unable to disclose financial details “Due to business sensitivities” but notes that he will make other financial disclosures at the end of the investment of the proceeds of his fundraising in C shares of $ 86.5 million, “with the unused balance on its existing revolving credit facility.”

“This acquisition will strengthen the portfolio’s country and pop assets, further diversifying the portfolio by gender and income type.

Trevor Bowen, Round Hill Music Royalty Fund

Trevor Bowen, President of the Round Hill Music Royalty Fund, said: “We are pleased to announce the acquisition of this important catalog. This acquisition demonstrates Round Hill’s ability to research and acquire attractive catalogs in a wide range of music markets.

“This acquisition will strengthen the portfolio’s country and pop assets, further diversifying the portfolio by gender and income type.

“The board believes these assets are of a very valuable musical genre for the company’s exposure to quality writers like Niko Moon due to Country’s generally longer mid-term cash flow.”

“We are delighted to have secured this stunning catalog, adding other timeless classics and number 1 hits to RHM’s portfolio. “

Josh Gruss, Round Hill

Josh Gruss, CEO of Round Hill, the company’s investment manager, added: “Niko is a much sought-after songwriter and acclaimed performer in his own right. His unique gift and genuine love of music sets him apart as an elite talent among his peers.

“We are delighted to have secured this stunning catalog, adding other timeless classics and number 1 hits to RHM’s portfolio. We look forward to informing shareholders imminently of our portfolio of exciting near-term opportunities. “

“I wanted these songs to go to an organization that values ​​music as much as I do, and Round Hill is definitely that place.”

Niko Moon

Niko Moon said: “I am so happy to make this deal with Round Hill.

“I wanted these songs to go to an organization that values ​​music as much as I do, and Round Hill is definitely that place.”

In September, Round Hill Music Royalty Fund (RHM) Limited acquired 100% of the main royalty income from 532 original recordings from the American classic R&B group, The O’Jays.

Also in September, RHM acquired a catalog from Tim Palmer, a British record producer, guitarist and songwriter of rock and alternative music.Music trade around the world

Outrageous predictions for 2022 – including a new space race and 25 more years of life Sun, 02 Jan 2022 13:03:29 +0000

Danish bank Saxo Bank has published its 10 scandalous financial forecasts for 2022.

Continuing nearly two decades of tradition, the bank’s pundits have made predictions like “consensus-shattering forecasts” that “send shockwaves through the markets” – but only if they come true.

While the analyst and finance fundis group’s forecasts are historically “speculative, but based on sound economic principles,” the largely unexpected spread of the Covid-19 pandemic in 2020 has called for a change of course, with wild calls for 2021 adopt a more “futuristic” approach.

These included predictions like Amazon “buying” Cyprus by moving its headquarters there and using its investments to influence tax laws and policies. That didn’t happen – although Amazon CEO Jeff Bezos has been to space.

Other predictions for 2021 have also turned out to be a bit out of the realm of reality: Silver prices have not risen as expected, although commodity prices have proven to be a saving grace for many. investors as the waves of Covid-19 diminished and demand increased.

Blockchain technology did not emerge as the fake news killer we hoped to be. Instead, fake news and misinformation about Covid-19 vaccines has escalated throughout the year, as blockchain has gone in a completely different direction: confusing the general public with the trend for non-tokens. fungible (NFT).

A fairly accurate prediction for 2021 was the increase in universal basic income subsidies, and how a shift in employment trends, technology, and work-from-home policies would “decimate” big cities.

While the world’s cities are far from ‘decimated’, they are under immense pressure because of the aspects listed in the prediction – including South African cities, where offices are empty and big companies are passing through. more permanent at the home office. hybrid working methods.

A shocking 2022

For its 2022 forecast, Saxo analysts still take a futuristic path, but also feed on the sense of revolution that has filtered through much of 2021.

“As cultural wars rage across the world, it is no longer a question of whether we get a socio-economic revolution, but of when and how,” he said. “There is a theme of revolution and disruption, and we have some exciting calls for 2022 – you won’t like them all. “

“We must stress our annual warning, that these outrageous predictions should not be taken as our official take on the market and politics. This year, more than ever, we are trying to inspire you and ourselves to think outside the box and discuss the important topics we raise. Let the fun and the future begin.

A the full forecast is available on the Saxo Bank website.

Plan to end fossil fuels gets a rain check

Policymakers are pushing back climate targets and supporting investments in fossil fuels to tackle inflation and the risk of social unrest while rethinking the path to a low-carbon future.

Realizing the inflationary threat of soaring commodity prices and the risk of an economic train crash due to the unrealistic timing of the green energy transition, policymakers are pushing climate targets back on the road. They ease investment red tape for five years for oil production and ten years for natural gas production, to encourage producers to ensure adequate and reasonably priced supplies that bridge the energy gap current and future low carbon energy.

Facebook Faceplants on the exodus of young people

Young people abandon Facebook platforms to protest their extraction of personal information for profit; Facebook Meta’s parent attempt to bring them back with the Metaverse stumbles.

In 2012, 94% of teens had a Facebook account, while polls suggest that today only 27% of teens have an account. Facebook has grown from a vibrant youth hub to a platform for older “baby boomers”. Young people are increasingly turned off by Facebook’s algorithms that turn their social media experiences into seamless feedback loops of identical content, or worse yet, hateful and misinforming content.

U.S. midterm elections lead to constitutional crisis

The midterm election in the United States sees a deadlock on the certification of the near results of the Senate and / or House elections, leading to a scenario where the 118th Congress will not be able to sit as planned in early 2023.

Following the 2022 election, a handful of key Senate and House races have been played out and one or both parties oppose certification of the vote, preventing the new Congress from forming and sitting on the first day of January. 3, 2023. Joe Biden reigns by executive order and America’s democracy is suspended as even Democrats also grapple with the Supreme Court which was heavily tilted by Trump. Indeed, as 2023 begins, the impasse sees a real constitutional crisis looming on the horizon.

US inflation exceeds 15% in a wage-price spiral

In the fourth quarter of 2022, CPI inflation in the United States reaches an annualized rate of 15% as companies increase their wages in an attempt to find volunteer and skilled workers, triggering an unprecedented wage-price spiral. since the 1970s.

In the late 1960s, the US Federal Reserve and then-Fed Chairman McChesney Martin misjudged how well they could manage the US labor market without stoking inflation. This mistake paved the way for uncontrollable inflation expectations and a massive wage and price spiral in the following decade. In 2022, the Federal Reserve and Fed Chairman Jerome Powell are repeating the same mistake again, as the post-Covid epidemic economy and in particular the labor market are severely constrained by supply, mocking the traditional Fed models.

Announcement of an EU superfund for climate, energy and defense – to be financed by private pensions

To defend against rising populism, deepen the commitment to slow climate change and defend its borders as America’s security umbrella recedes, the EU is launching a daring $ 3 trillion Superfund to be funded by retirement allowances rather than new taxes.

The EU knows that it must act quickly on all fronts to strengthen its defenses and is also looking for a way to revive the declining economies, shaken by the energy and electricity crisis of 2021-2022. French President Macron, backed by Italian Prime Minister Draghi striving to avoid the rise of populists in Italy, presents vision of a “European superfund” that will meet the triple priorities of defense, climate and transition towards related clean energy.

Women’s Reddit Army Tackles Corporate Patriarchy

Mimicking the Reddit Army tactics of 2020-21, a group of female traders is launching a coordinated assault on companies with poor track records of gender equality, resulting in huge swings in stock prices for the targeted companies.

Unlike the original, often nihilistic Reddit Army, the Women’s Reddit Army will be more sophisticated, with female traders coordinating a lengthy squeeze by short-selling the shares of selected patriarch companies. At the same time, they will channel funds to companies with the best indicators of the representation of women in middle management and among managers. Instead of condemning development, politicians around the world are welcoming and supporting their cause.

India joins Gulf Cooperation Council as non-voting member

Global geopolitical alliances will enter a phase of drastic realignment as we have a nasty cocktail of de-globalizing geopolitical news and much higher energy prices.

Inter-regional trading zones will ensure ‘closer to home’ production and investment, combined with reliable security of supply from India’s point of view, and a reliable destination market from GCC’s point of view. The alliance is helping lay the groundwork for GCC countries to plan for their future beyond oil and gas and for India to accelerate development through huge new investments in infrastructure and improved productivity agriculture as well as fossil fuel imports, paving the way for a longer-term carbon post-future.

Spotify disrupted due to NFT-based digital rights platform

Musicians are ready for change as the current paradigm of music streaming means that labels and streaming platforms capture 75-95% of the revenue paid to listen to music streaming. In 2022, new blockchain-based technology will help them recoup their fair share of the industry’s revenue.

Non-fungible tokens, or NFTs, are unique digital assets, the ownership of which can be established and stored on a digital ledger through blockchain technology. By leveraging NFTs, specifically through “smart contract” blockchains, artists could distribute music directly to listeners without a centralized middleman, while tracking their income in real time, or even getting paid in real time, listeners appreciate the knowledge that the money they pay goes directly to the artist.

New hypersonic technology drives space race and new cold war

The latest tests of hypersonic missiles are giving rise to growing feelings of insecurity, as this technology renders conventional and even nuclear military equipment obsolete. In 2022, a massive hypersonic arms race is developing among the major armies, as no country wants to feel left behind.

In the summer of 2021, China tested a hypersonic vehicle that could enter low orbit and later reenter the atmosphere and then navigate to its target. Hypersonic capabilities pose a revolutionary threat to the long-standing military strategic status quo, as the technology brings new asymmetric defensive and offensive capabilities that disrupt the two massive pillars of military strategy in recent decades.

Medical breakthrough extends average life expectancy by 25 years

Young forever, or at least much longer. In 2022, a key breakthrough in biomedicine opens up the prospect of extending productive adulthood and average life expectancy to 25 years, triggering projected ethical, environmental and fiscal crises of epic proportions.

In search of slowing down the natural process of aging, researchers have studied the processes central to how we age from several angles and with a growing arsenal of cutting-edge technologies, from therapeutics to “first edition” at the level of. DNA. The year 2022 sees a major breakthrough in a multifactorial approach, because a cocktail of treatments is put in place which modifies the processes at the cellular level in order to prolong their lifespan and therefore the life of the organism composed of these cells. It’s not cheap, but it’s effective and has already been shown in lab mice containing human DNA, extending their life by around 30% and more.

To read: The biggest economic risks for 2022

Who is Pet Shop Boys’ Neil Tennant? Fri, 31 Dec 2021 16:51:00 +0000

FOR nearly 40 years, Neil Tennant of the Pet Shop Boys has served contagious electro-pop with keyboardist Chris Lowe.

Having become a huge success as a musical artist, we take a closer look at who this musician is.


Pet Shop Boy co-founder Neil Tennant found huge success creating the group with keyboardist Chris Lowe.Credit: Getty – Contributor

Who is Neil Tennant?

Niel Tennant is a 64-year-old English musician, singer, songwriter and music journalist.

He was born in North Shields, a fishing port near Newcastle upon Tyne.

He graduated in history from London Metropolitan University, then worked for two years as a production editor for Marvel UK.

Neil then became a reporter for Smash Hits and the magazine’s associate editor in the mid-1980s.

He turned out to be gay in 1994 in an interview with Attitude magazine. He produced the album Release the Stars for Rufus Wainwright.

He is also a patron of the Elton John AIDS Foundation.

He owns a house in London and another in County Durham, in addition to being a co-owner of an apartment in Berlin.

For nearly 40 years, the Dukes have served the electro-pop public which has earned them three Brit Awards.


For nearly 40 years, the Dukes have served the electro-pop public which has earned them three Brit Awards.Credit: AP: Associated press

When did Neil Tennant launch Pet Shop Boys?

The Pet Shop Boys were co-founded by Neil Tennant and Chris Lowe in 1981.

Neil was the lead singer while Christ was the keyboardist.

They manage to sell over 100 million records worldwide and were ranked as the most successful duo in British music history in the 1999 Guinness Book of Records.

The Pet Shop Boys have been three-time Brit Award winners and six time Grammy nominees, since 1984 they’ve made 42 Top 30 singles.

22 of them were in the Top 10 of the UK Singles Rankings.

What is Neil Tennant’s Net Worth?

Neils’ net worth increased significantly in 2020-2021.

His source of income is mainly from being a successful musician.

According to, Neil has a net worth of $ 14 million.

He is said to have an annual income of £ 4million.

To save the San Antonio Symphony, ban “classical music”, outdated customs Thu, 30 Dec 2021 05:30:17 +0000 If the San Antonio Symphony survives its current crisis, we can be sure that another will follow in a few years, then another, and another.


Not “unless the symphony learns to live within its means”. Not “unless musicians learn to live without eating”. High costs are not the problem; it would be more correct to say that the reduction in costs has exacerbated the financial difficulties.

The only path to solvency is a massive increase in contributions and grants, which so far have hovered between pathetic and pitiful.

A community’s gross domestic product is a rough measure of its ability to support nonprofit organizations, including a symphony orchestra. How are we?

Kansas City, Nashville, and Columbus, Ohio all had lower GDPs than San Antonio in 2018. Contributions and grants to their orchestras for the 2018-19 season ranged from $ 6.1 million (Columbus) to $ 9.7 million. million dollars (Nashville), according to their IRS statements. . The average of the three was $ 8.2 million. Total contributions and grants to the San Antonio Symphony this season: $ 3.6 million. If the symphony council can’t scare away an annual income of $ 5 million – still a meager number – it doesn’t try.

Suppose the donors come to the rescue and the orchestra is not reduced to two violas and a kazoo. If a return to solvency is all that is done, the rescue will be short-lived. This is because the one thing the symphony has a lot of, aside from musical talent, are empty seats.

For its first season at the all-new Tobin Center for the Performing Arts, 2014-15, the symphony reported $ 3.3 million in “program service revenue” – primarily ticket sales – on its tax return. The hall was almost full for most of the concerts. For the most recent full season, 2018-19, revenue was only $ 2.3 million, and attendance typically ranged from 800 to 1,000 in a 1,700-seat venue. Empty seats therefore rob the orchestra of more than a million dollars a year. Worse yet, empty seats are a signal to potential donors that their donations to the symphony are not being used effectively.

People don’t go to symphony concerts for many reasons, but the main one is: they don’t want to. The symphony is just not for them. It’s not theirs.

Before, it was for everyone. Recordings, radio, sound films and the first televisions brought symphonic music and opera to the whole country, and the whole country listened to them with jazz, country and Tin Pan Alley. The great Wagnerian soprano Kirsten Flagstad made an appearance in the film “The Big Broadcast of 1938”, along with comedy icons WC Fields and Martha Raye. Violinist Mischa Elman has appeared in television comedy shows. Arturo Toscanini, Jascha Heifetz, Arthur Rubinstein and Enrico Caruso were rock stars, so to speak.

But rock’n’roll and its more evolved progeny dominated the celebrity space from the 1950s onwards. Chuck Berry’s “Roll Over Beethoven” was released in 1956 and foreshadowed the day when rock star status would be predominantly reserved. to rock stars.

Some American orchestras have succeeded in restoring a feeling of belonging to a large audience. The San Antonio Symphony has not been entirely absent from this battlefield, but neither has it been fully present. What should he do?

First – and I’m only saying this partly as a joke – the symphony should make a big bonfire out of all the Fred Astaire costumes that the men in the orchestra have to wear to concerts. Or maybe keep them, but only for Halloween. After all, we are in the 21st century.

Second – and I say this with the utmost seriousness – the word “classical” should be banned from the vocabulary of all those associated with the symphony. The term is largely inapplicable to almost anything that has been composed over the past 200 years, and that is the bulk of what the symphony plays.

In contemporary American culture, “classical music” is too often derided like an attic trunk filled with dusty relics by dead white European men. This is simply not true. The reality is that living composers and performers of all shades and backgrounds are leading music in a multitude of new directions and narrowing the distance between popular forms and music that should once be known as classical. All they have in common with Mozart and Beethoven is a penchant for pushing back old norms and expanding the expressive possibilities of music.

Third, I will support a maxim that has been repeated over and over again, usually in the stern, gruff voice of a banker: “The symphony must function like a business”.

Yes! And what do you call a company that does not invest enough in research and development, or in R&D? You call it a business that goes bankrupt.

For a symphony orchestra, R&D requires a deep intellectual curiosity for all the varieties of music that are meaningful to communities beyond the main audience of the symphony orchestra, and to the musicians who compose it. If you listen without prejudice to recent hip-hop, jazz, indie rock, Tejano or more, you will discover areas of convergence with music formerly known as classical. These convergences can give rise to mutually respectful collaborations.

The communities with which the symphony must connect are not defined solely by ethnicity. Cutting-edge fields such as games, computer animation, and biomedical research also have potential for artistic partnerships.

Building bridges costs money. At a minimum, the symphony needs a full-time artistic bond, developing relationships with these other communities and looking for ways to create something new together. The symphony cannot be satisfied with easy and superficial gestures of inclusion.

Fourth, as the symphony contemplates candidates to succeed Sebastian Lang-Lessing as musical director, it should favor conductors who are comfortable on a variety of musical paths and who are committed to building on the common ground that they share.

One more thing: By the 2018-19 season, the San Antonio Symphony had achieved a polish and agility that I wouldn’t have thought possible 30 years ago. The recent musical directors – Lang-Lessing, Larry Rachleff and Christopher Wilkins – deserve great credit and thanks for having considerably raised the technical level of the orchestra. Well done everyone.

Yet I wonder how long the San Antonio Symphony will be the only major orchestra in Texas that has never had a Hispanic music director. I’m just saying …

Mike Greenberg was a senior critic for the Express-News from 1981 until his retirement in 2008.

Challenge the Professor: Berks Biz Heroes Tue, 28 Dec 2021 10:06:53 +0000

I thought a great way to end the holiday season was to celebrate the business heroes in our community that you might not know. So, for this month’s Challenge the Prof, I looked to track down Berks’ corporate heroes. And, I found some SUPER! The kind who succeeds, cares about making a difference and helps others be successful. And some readers have also shared their own heroes!

My three Berks Biz Heroes are: Brad Nofia Waples, Johanny Cepeda and Tony Moore. I asked each of them these questions:

What inspired you to start the business you currently operate?
What “gifts” (ie talents, skills, etc.) do you have that have been most helpful to your success so far?
Who is the person or people who have supported you the most in your professional life?
What would be the most important piece of advice you would give to young people in our community who might want to start their own businesses?

Brad Nofia Waples

Brad Nofia Waples

Owner / Operator, CustomIt AFP (art, fashion, print)

Inspiration: my father. When I was little, my dad did a lot of different things, even though he had been an accountant by trade for 30 years. We ended up in Reading because he became the Executive Director of the Police Athletic League and through that I got to see him do a multitude of community development, amazing leadership development and really transform a community. I saw the impact this then had on many of my peers.

Gifts: My gift is actually that I don’t have any talent or skill that I can actually rely on; I always tell my dad he’s my superhero because when I was in elementary school he taught me to deconstruct things and put them back together; so I look at everything and try to break it down into its base root, then figure out how that base root works and how it interacts with other things, and then once that is done I can structure it to make it function.

Support: Tom McMahon (Former Mayor of Reading) has been a great help and a great influence for me. And, John P. Weidenhammer (President / Founder, Weidenhammer Systems Corp.) has been amazing over the years, including the first festival I did at 25. Bernie Gerber, who was one of the directors of the Berks Arts Council, and Johanny Cepeda, Mi Casa Su Casa, are other people who have been great. The person who has probably had the most impact on my professional life is Bonnie Versace.

Tip: The most important part of doing something is just doing it. It’s the first. And the second is not to give up because success is probably two steps away from quitting.

Johanny Cepeda-Freytiz

Johanny Cepeda-Freytiz

Owner, Mi Casa Su Casa; Councilor for District 6, City of Reading

Inspiration: So my inspirations are in my two children. After moving to Reading, I feel like Mi Casa Su Casa found me – it was at a time when my babies were very small, I was working in New York, I had two jobs. I would literally let my kids sleep to go to work in New York, commuters like an hour and a half, each way and. I would come home and find them sleeping, I only spent time with them on weekends, and it was starting to take its toll on me, so I prayed, asked, looked for change and looked for an opportunity that was right for me. would spend time with them and also have some income. And my cousins ​​had this place they were selling and despite the butterflies in my stomach, I just took a leap of faith. And here I am, my God, over 14 years later.

Gifts: I feel like we have so many heroes in our community and I’m humbled that you consider me a hero, because I really do what I love and I think that’s my gift. I like people. I like to serve. I have a very big heart and one of the things that I was not yet with me when I was very young, especially from my father who told me to do whatever you do, to do it with love, or not to do it at all. And it’s kind of like my driving force, so kind of like always doing good and paying up front for whatever I get.

Support: So, I first want to say that I have a very supportive family and an extraordinary husband, who also supports me, who has been co-owner with me and co-managed in helping Mi Casa Su Casa to take it to a whole new level, so I also kind of want to pay homage to him: I don’t know where I would be without their love, their support, their motivation and kinda like rolling up their sleeves and getting dirty with me. Yes, it really is a family business.

Tip: My God, there is so much – one thing I can focus on is testing what they are trying to accomplish. What I mean by that is finding an internship, finding opportunities, where they can determine if this business is really something they want to pursue: and one of the things I find in the city of Reading , there are so many opportunities, resources and people were always ready to open their doors to give young people opportunities to learn and grow. You know I’m one of those, so if there’s a kid that’s interested in the restaurant business, come on, and you know I’ll give you a few chances, so you can see what it is and taste before diving in full.

Tony moore

Tony moore

CEO, Reading Film Studios

Inspiration: A good friend of mine came to me about four years ago and told me he wanted to continue the journey he started 20 years ago and build a film studio. He said he found the perfect location and it was in Reading and the demand for studio facilities is there. So we’ve come to fill that, especially for independent filmmakers, that’s the most important.

Gifts: Well, naturally when I was a kid in school I had a gift in the arts. I can see things, draw them and paint them. Then I got down to music. And growing up in New York, especially the neighborhood, you’ll learn to adapt to the things you want to be on the straight and narrow path, you don’t want to take the wrong road, so I thought music was a big deal. something else that I can gravitate to.

Support: My stepdad, that was the kind of guy he was, you know, the old fashioned way – he was a designer for a company that made baseball jackets and coats for kids, I think any the east coast at this time – a working man. But it was my mother who fed me this way. Then there was my tutor, she went to St. John’s University. Every year she would take me on my birthday and ask me what I wanted. The first year, it was an artistic setting; the second year it was a camera; and, third year. she bought me an audio recording device. The three things I do now – art, film and audio.

Tip: If you want to start your business, make sure you are passionate about it, so that it doesn’t look like it’s a job, it will feel natural. But one thing I would definitely say is don’t give up! Take one thing at a time. Do your research before you jump in and see if you really want to do something like this – if you have the natural ability to work with pressures and deadlines.

These are just excerpts from my interviews with these HEROES / HEROES. For the full interviews go to my YouTube channel: Marabella Enterprises and under The Practical Prof playlist click on Berks Biz Heroes!

Readers named two very special Berks Biz Heroes:

Reading Eagle: Bill Uhrich

Sandy Wagner.

Sandy Wagner

Owner of Sensory Concepts, Wyomissing

Sandy has given back to her community in a variety of ways, sponsoring health fairs at her location with other local vendors, running various campaigns for local nonprofits as well as hosting recycling events to keep the county of Berks green and clean. She is also very generous giving gift baskets to galas and non-profit fundraisers in the area.

Annmarie Sullivan-Dallao

Annmarie Sullivan-Dallao

Co-owner of ARCpoint Labs, Reading

I believe she is a Berks Biz Hero as she has been volunteering in Berks County from an early age, in grade school, and continues to this day. Annmarie always promotes local businesses and, through ARCpoint Labs, has organized volunteer and community events including items collected for Opportunity House, Safe Berks, local pantries; manages community blood drives; and coordinates bingo for residents of Berks Heim through St. Joseph’s Church.

Congratulations to these Berks Biz Heroes! Celebrate all the heroes in your life this holiday season! Happy Holidays!

Next month: 2022 Office hours themes

Dr Santo D. Marabella, The Practical Prof, is Professor of Management at Moravian College and hosts the podcast “Office Hours with The Practical Prof… and Friends”. Her latest book, “The Lessons of Caring” is written to inspire and support caregivers (available in paperback and eBook). Website:; Twitter: @PracticalProf; Facebook: ThePracticalProf.