From the Caribbean to the Pacific, Peace Corps Volunteers (PCVs) work with local communities on environmental awareness, trash collection systems, and recycling projects.PCVs Tanya, Laura, and Paige participated in recycling campaigns in their respective communities, in an effort to keep youth involved and motivated in community projects. Photo courtesy of Peace Corps Costa RicaFrom environmental fairs, to starting recycling routes, to a truck full of recyclable materials – all of the volunteers are at different stages of the project life cycle. PCVs work in communities to help educate locals on issues like these so that when they leave, healthy projects are up and running, and most importantly, sustainable. Photo courtesy of Peace Corps Costa RicaThe Peace Corps photo series in The Tico Times Costa Rica Changemakers section is sponsored by the Costa Rica USA Foundation for Cooperation (CRUSA), a proud financial supporter of Peace Corps Volunteer projects nationwide. Learn more here. To donate to support the Peace Corps Costa Rica, visit the official donation page. Volunteers’ last names and community names are withheld from these publications, per Peace Corps policy.Connect with the Peace Corps Costa Rica on Facebook, Instagram or Twitter. Brought to you by the Costa Rica USA Foundation (CRUSA). Courtesy of CRUSA Facebook Comments Related posts:This week in the Peace Corps: Cacao in Talamanca This week in the Peace Corps: Celebrating English learning This week in the Peace Corps: Brick to Bread ovens This week in the Peace Corps: Cooking like a Costa Rican
<a href=”http://www.etbtravelnews.global/click/27588/” target=”_blank”><img src=”http://adsvr.travelads.biz/www/delivery/avw.php?zoneid=10&cb=INSERT_RANDOM_NUMBER_HERE&n=a5c63036″ border=”0″ alt=””></a> Tiger Airways has launched its initial public offering (IPO) at $S1.50 ($1.17) per share. Reports coming out of Singapore on Monday indicated that the partial float had attracted strong interest and the deal appears to have been oversubscribed. The low cost carrier previously indicated it wanted to sell the shares at the top end of its $S1.35 to $S1.65 indicative range and would realise about $S233 million before expenses. Tiger Airways plans to use more than half of these profits to fund aircraft acquisitions. The airline has confirmed that approximately $S50m will go towards paying off short-term loans and a further $S10m will be invested into “potential new airlines or operating bases”. Currently, Tiger Airways has bases in Singapore, Melbourne and Adelaide serviced by 17 aircraft. The airline has also confirmed plans to expand its fleet with a further 51 aircraft by 2015. This would place the low-cost carrier in the same competitive league as its major rivals, Jetstar and AirAsia. The offering consisted of 155,556,000 new shares plus 9,599,000 from investor Indigo Partners. President and Chief Executive Officer of Tiger Airways, Tony Davis said, “We believe that the significant demand for shares in Tiger Airways from investors around the world is a strong vote of confidence in our low-cost business model and the growth potential of Tiger Airways.”The Financial Times has reported that the IPO had been 3 1/2 times subscribed by Friday night and it could end up eight to 10 times oversubscribed. Source = e-Travel Blackboard: C.F
Image credit: Samoa Tourism AuthorityTop rating reality TV show Survivor has chosen Samoa for the fifth time, with Channel TEN announcing that the location was once again chosen for its rugged beauty and remoteness for the 2016 Australian season.A reported 15,000 Australians auditioned to be part of the series. 24 Australians have been casted where they will compete in various challenges while marooned in a secret location with only the most basic instruments to survive.One by one tribe members will vote out fellow competitors until one remains to be declared the winner of the series. The show will be hosted by Australian celebrity Jonathan LaPaglia.Endemol Shine Australia will produce Australian Survivor in association with format creator Castaway Television Productions Ltd. According to TEN Chief Programming Officer, Beverley McGarvey, Samoa was chosen for its “beautiful, remote, challenging and dramatic” settings.Samoa’s Prime Minister, Hon. Tuilaepa Dr. Sailele Malielegaoi says that they are delighted to have been chosen for a fifth time by Survivor, which shot on location most recently in 2011.“We are humbled to have been chosen by Survivor again for the Australian series. In many ways, it was the perfect decision, with existing infrastructure that we can build on from previous seasons and having staff on the ground with solid experience to guarantee a smooth and efficient production,” he said.“But despite having hosted such a global television phenomenon, we have managed to preserve the beauty and untouched nature of our surroundings which is testament to our commitment and love for our country and its pristine environment.”Production will begin later this month in a top secret island location and will air on Channel TEN later on in the year. Visit SamoaSource = Samoa Tourism Authority
The Week Ahead: Measuring Growth in the Housing Market in Daily Dose, Data, Headlines, News February 15, 2016 553 Views Federal Reserve Housing Market National Association of Home Builders U.S. Census Bureau 2016-02-15 Staff Writer As predicted by economists, the housing market and economy are expected to see slower growth this year and there are several industry reports coming this week to see if they were indeed spot-on with their expectations for 2016. So will the slow growth housing market continue?First, the industry will have a chance to see where builder confidence will fall for February. The National Association of Home Builders (NAHB) will release their Wells Fargo Housing Market Index (HMI) on Tuesday, February 16 at 10:00 A.M. (EST).Home builder confidence in January 2016 changed very little from December’s level, but this only means that economists were spot on with their predictions for the new year.Last month, builder confidence in the market for newly constructed single-family homes decreased to 61 but was later revised to 60. This month, builders’ confidence rests at 60 as well, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).“January’s HMI reading is right in line with our forecast of modest growth for housing,” said NAHB Chief Economist David Crowe. “The economic outlook remains promising, as consumers regain confidence and home values increase, which will help the housing market move forward.”One of the most important housing indicators comes in on Wednesday, February 17 8:30 A.M. (EST). Housing starts and building permits posted disappointing numbers in December, but year-end and year-over-year totals came in strong.The U.S. Census Bureau and HUD reported that housing starts were at a seasonally adjusted annual rate of 1,149,000 in December, down 2.5 percent from the revised November estimate of 1,179,000. Year-over-year, starts are up 6.4 percent from the December 2014 rate of 1,080,000.The Bureau and HUD also reported that single-family housing starts in December were at a rate of 768,000, 3.3 percent below the revised November figure of 794,000. Approximately 1,111,200 housing units were started in 2015, 10.8 percent higher than the 2014 figure of 1,003,300.”Given the tight inventory that we’ve seen in many housing markets across the country, today¹s release is a positive sign for new housing starts. The upward trend reflects upward price movements over the past year, which makes homebuilding less risky,” said Ralph B McLaughlin, Ph.D, Chief Economist at Trulia.The Federal Open Market Committee will also release the minutes from their January meeting, where they left the federal funds rate at it current level on Wednesday 2:00 P.M. February 17. The Fed cited the usual economic concerns as the reason for no change in the rate. The rough, unexpected start to 2016 has some in the industry questioning if the Fed will dial back on its December decision or ease up on the four “gradual increases” projected for this year.Fed Chair Janet Yellen, noted in one of two testimonies last week that persistent economic headwinds have kept the federal funds target rate at a historically low level—and that future rate hikes may occur even more gradually than originally anticipated. In her second testimony, Yellen discussed the possibility of falling into a negative rate environment given the state of the economy. Share
Categories: Leonard News,Leonard Photos Rep. Leonard and members of the House and Senate attend a joint committee hearing in Detroit.State Rep. Tom Leonard, R-DeWitt Township, and members of the House Commerce Committee and Senate Economic Development Committee hold a joint committee hearing on Jan. 15 outside the 2014 North American International Auto Show in Detroit.“The auto industry has been and continues to be a very important part of Michigan’s economy,” said Leonard, R-DeWitt Township. “I was pleased to learn more about the investments and innovations being made by our auto companies.”The hearing was scheduled as an opportunity to educate lawmakers and the public about Michigan’s role in the global automotive industry and what the state can do to further attract automotive jobs and investment.### 21Jan Leonard, fellow lawmakers hold joint committee hearing during Detroit auto show
Categories: News,Photos,Whiteford News,Whiteford Photos 26Oct Rep. Whiteford welcomes local pastor to lead House invocation State Rep. Mary Whiteford, right, welcomed Reverend Sarah Farkas, to the state Capitol to give today’s invocation for the Michigan House of Representatives. Farkas is a pastor at Rectify Church in Allegan and serves as chaplain for the Allegan County Jail. They were joined at the rostrum by Speaker Tom Leonard.
Categories: Bellino News 24May Bellino’s ‘spring cleaning’ proposal receives overwhelming House support The Michigan House Wednesday voted overwhelmingly to approve a plan sponsored by state Rep. Joe Bellino removing an unnecessary law from the books.Bellino’s plan removes a duplicative reporting requirement within the Office of Community Corrections. Submitted reports outlining funding requests were once received by the state, but that information is now redundant since it is submitted to the Legislature each year within the Michigan Department of Corrections budget.Bellino’s proposal is part of a bill package that he and his House colleagues have been working on to clean up state government and have it run more efficiently for the people of Michigan.“More often than not, regulations in state law are duplicative to others,” said Bellino of Monroe. “My plan, as well as plans sponsored by my colleagues in the Michigan House aim to get rid of unnecessary regulations to keep our government clean and limited.”House Bill 5997 now moves to the Senate for further consideration.
Categories: Kesto News,News Plan in bipartisan package approved in Michigan House voteA proposal from state Rep. Klint Kesto expanding criminal definition in instances where money changes hands was passed unanimously in a recent vote by the Michigan House.Kesto’s legislation, House Bill 6253, does not create any new crimes or strengthen penalties. It adds to definition within the Michigan Penal Code to include cryptocurrency as something of value when examining possible financial gain in crimes involving embezzlement. The proposal is one of six addressing digital currency in a bipartisan update to current laws.“We’ve seen an explosion in the use of digital currency and our laws need to be reflective of that use to make sure Michigan residents and consumers are protected,” said Kesto, of Commerce Township. “These are effective updates that will keep us tough on crime without adding crimes.”Cryptocurrency first started to appear in the United States in the early 1990s, but its popularity has taken off due to a surge in online business and the ease and unregulated nature of exchange. Several major merchants across the country now accept digital forms of currency. Cryptocurrency is not officially recognized as a form of money, so loopholes have naturally arisen in outdated current laws which specifically define a transfer of money or personal property in forms of crime.Kesto serves as chair of the House Law and Justice Committee, which heard testimony on the bills before unanimously advancing them to the full House in November.The six bills in the package, HBs 6253-58, now move to the Senate for consideration. 10Dec Rep. Kesto crafts essential updates to law with rise of digital currency
State Rep. Jack O’Malley, of Lake Ann, issued the following statement after the governor’s State of the State address:“Michigan’s economic comeback depended on smart investments and I’m dedicated to working with my House colleagues, listening to the people we represent and acting in their best interests.“Record investments in K-12 schools and a renewed, modern focus on hands-on skilled trades gives students important training for high-quality careers. We must continue to invest in improving our schools to give our kids the best possible opportunities.“We are also investing more than ever into our roads that drive our economy. Michigan needs more than a vague plan and a catchphrase. The people we represent want to see their tax dollars spent wisely on priorities that matter. We need to figure out how to get more out of every dollar we use, rather than increase the bill for taxpayers.”### 13Feb Rep. O’Malley on State of the State: Prioritize skilled trades and Michigan roads Categories: News,O’Malley News
ShareTweetShareEmail0 Shares January 27, 2014; Washington PostThe new, kid-friendly political strategy of the Republican Party, reflected in gubernatorial races with candidates’ televised appearances at charter schools, is being pursued among Republicans in Congress. As President Obama in his State of the Union address intones his strategy of addressing economic inequality, which involves such actions as increasing the minimum wage, Republicans like Senator Lamar Alexander (TN) and Tim Scott (SC) are adopting school choice as the GOP’s answer to income inequality.Alexander and Scott are introducing legislation to convert the federal budget’s $24 billion dedicated to education programs for low-income pupils into block grants for states. In the Alexander/Scott proposal, the states would be permitted to use the funding as payment assistance for children to attend public or private schools, including religious schools, averaging about $2,100 per student in the form of student vouchers. Unlike President Bush’s No Child Left Behind program and President Obama’s Race to the Top, the Alexander/Scott legislation frees the states from publicly reporting whether individual schools are succeeding or failing (though they would still report on student achievement at various times) and from following federal educational strategies of any sort.Aiming to assist as many as 11 million students to get into private schools and other alternatives to traditional public schools, the GOP leadership thinks it has a winning strategy in the works, not only attracting minority voters to the party, but uniting the constantly warring Republicans themselves. The Alexander/Scott legislation matches the strategy enunciated by House Majority Leader Eric Cantor (VA), and even fits the previously announced charter school and voucher priorities of near-libertarian Senator Rand Paul (KY).For Democrats, the GOP’s interest in school choice puts them in a bit of a quandary. While the teachers unions have expressed misgivings about the privatization of K-12 education, there are plenty of Democrats that show up on the side of school choice policy proposals. Although there is only one federally funded school voucher program currently in operation—Washington D.C.’s Opportunity Scholarship program, which provides tuition support for some 5,000 to attend private schools (mostly Catholic schools)—it isn’t as though the District’s Democratic leadership has been opposed to D.C.’s voucher program. In fact, the all-Democratic political leadership of Washington D.C., led by Congressional Delegate Eleanor Holmes Norton, has enthusiastically supported the voucher program. (The communications director for Congresswoman Norton informs us that the congresswoman does not support vouchers for students to attend private schools; she supports charter schools.)Democrats in many states are hardly opponents of charter schools. For example, Michelle Rhee, a diehard advocate of school choice, was appointed D.C. schools chancellor by a Democratic mayor of Washington, is married to Kevin Johnson, the Democratic mayor of Sacramento and a major early supporter of President Obama, and has distributed campaign support through her Students First organization to Democratic as well as Republican candidates. President Obama’s own policies at the U.S. Department of Education such as Race to the Top underscore support for charter schools as a desirable education priority, and other major Democratic politicians, such as newly elected senator Cory Booker (NJ), have been closely linked to charter school and broader school choice advocates.The Republicans think they’ve stumbled onto a winning idea to attract minority voters. It could be a policy direction that, in a rare moment, melds the Republicans’ Tea Party wing with its so-called moderate party leadership in contrast to the likely splits among Democrats on the school choice issue. Expect more state and federal versions of the Alexander/Scott legislation that would pay for private school vouchers.—Rick CohenThis article has been altered to include a clarification from the office of Congresswoman Eleanor Holmes Norton on her position regarding school vouchers.ShareTweetShareEmail0 Shares
Share1TweetShare1Email2 Shares November 17, 2014;GOOD MagazineAs the generations in the workforce shift from baby boomers to Generation X to Millennials, the scope and perception of social change is also shifting. The 2014 Social Change Impact Report from Walden University focused on people’s perceptions of their impact on positive social change. The report surveyed adults from Brazil, Canada, China, Germany, India, Jordan, Mexico, and the United States.Based on the study, half of adults surveyed think their efforts on behalf of local and global issues are having an impact: They believe they are helping to influence the attitudes and actions of others. Adults who are involved in positive social change also think it’s important that their involvement be toward long-term progress, rather than immediate change.Two of the main outcomes of the study are that the younger generation is believed to be more passionate about social change and that young adults look to their older counterparts for knowledge and experience.“Though a millennial spirit seems to infuse this social movement, its demographics are actually multi-generational,” says Joshua Neuman, GOOD’s editorial director and curator of the annual GOOD 100.In 2014, 82 percent of adults, on average, reported participation in positive action toward social change in the past six months. This participation is classified as using technology to spread messages or donating goods, money, or services. In several countries (Brazil, China, Germany, and the United States), Millennials—those born after 1979—view their elders as less open to trying new ideas and their younger peers as being more passionate about social change.For Millennials, social change work is important when choosing an organization to work for or provide charitable giving to. In the 2014 Millennial Impact Report, 92 percent of the Millennials surveyed felt they were working for a company that was making a positive impact on the world.In an October 2014 NPQ article, it was also stated that Millennials have an “action-based philosophy” that is changing the nonprofit sector. These young adults prefer to engage with causes to help people, not institutions. They are influenced by their peers and treat their time, money, and assets as having equal value. Millennials also want to experience a nonprofit’s work without having to be on-site.As 2015 approaches, reports such as the Social Change Impact Report and the Millennial Impact Report provide nonprofit organizations with insights in order to shape their strategic plans, volunteer recruitment, and fundraising goals for the future.—Erin Lamb Share1TweetShare1Email2 Shares
Share51Tweet10ShareEmail61 Shares December 17, 2018; Civic StoryMany nonprofit organizations care deeply about social change and work tirelessly to transform existing systems into more equitable ones. Across social and environmental issues, nonprofits, community groups, public entities, and foundations are using the network approach and emerging tools to explore new ways of solving complex problems, both by creating a shared understanding of how systems perpetuate problems and including voices from communities that are often left out of system change conversations.A case in point is provided by the Housing and Community Development Network of New Jersey (known locally as “The Network”), a 250-member network comprising “nonprofit housing and community development corporations, individuals, professional organizations, and prominent New Jersey corporations that support the creation of housing choices and economic opportunities for low- and moderate-income community residents.” Last month, The Network released a report entitled Thriving Cities: A New Urban Agenda, a roadmap to strengthening urban communities throughout New Jersey. Nonprofits interested in community development, housing, and using collaborative approaches can learn from this robust vision.The overall scope of Thriving Cities is impressive, as it details 13 core areas of reform that touch on virtually every key component of community development, each of which has policy recommendations. These core areas include:Economic growth and workforce developmentOptimizing housing production to make cities more affordableHealthier homes in healthier communitiesProtecting homebuyer, homeowner and tenant rightsEnding the foreclosure crisisRedevelopment and neighborhood revitalizationLand use, infrastructure, and the environmentIncreasing government and civic leadership capacityPublic safety and crime preventionEnding homelessnessAccess to reliable transportationRevenue reform to promote needed public investmentNatural disaster and emergency preparednessSeveral of the suggested policy changes are currently under consideration by the state legislature, and some are strategies covered by NPQ that reflect equitable community and economic development, which is a major theme in NPQ’s “Remaking the Economy” webinar series. For example, New Jersey’s housing market still suffers from the long-term effects of the foreclosure crisis, which the report describes as “an albatross around the necks of neighborhoods and residents in some of the same places that now witness shiny new, market-rate developments.” As a solution, Thriving Communities advocates that municipalities to create land banks to facilitate moving problem properties into productive use. This strategy has been used in other places such as in Franklin County (county seat: Columbus) in central Ohio, which restored nearly 1,300 properties in five years, a result reported on by NPQ in April.Additionally, some Thriving Cities strategies include expanding the role and support for community development financial institutions (CDFIs), which NPQ has reported on extensively as core community finance entities. CDFIs collectively hold approximately $185 billion in assets and provide affordable financial services in low-income communities, as well as developmental services that function to improve financial health and enhance self-efficacy. Some recommendations seek to mobilize CDFI lending, by, for example, encouraging bulk purchases of Federal Housing Administration (FHA) loans to foster neighborhood stabilization and by providing funding through CDFIs to allow for the purchase of vacant and foreclosed resident properties to allow for their reuse as affordable housing.Thriving Cities also advocates for policies and practices important to community-oriented nonprofits throughout New Jersey, including restoring capacity-building financial and technical assistance for nonprofit developers, funding the maintenance and expansion of nonprofit foreclosure prevention programs, and expanding the role for nonprofits in neighborhood-level economic development.Key to the effort is a deep understanding of the interconnectedness of the problems that the New Jersey nonprofits are addressing. A network lens helps, as The Network can engage a broad set of partners to achieve its vision. In fact, The Network launched a network-wide campaign called Build a Thriving New Jersey, with the goal of mobilizing support for proven strategies and the resources to make them happen.NPQ has reported on the effectiveness of networks in social change movements. In NPQ’s feature “Creating Culture: Promising Practices of Successful Movement Networks,” the authors note the unique ability of networks to foster extraordinary leverage stating that “cross-issue ‘movement networks,’ in particular, can create a force larger than the sum of their parts. They can deploy a diverse array of assets and strategies, enabling advocates to amass political power, scale up impact, and win—both in the policy arena and in the battle for hearts and minds.”By including and considering needs of overlooked communities, The Network and its Thriving Cities effort embodies the multi-sectoral approach needed to solve complex problems and create cities where everyone matters. Nonprofits addressing issues across sectors should see the value in thinking more broadly and exploring the opportunities that can emerge when more voices are included, considered, and involved in achieving change.—Derrick RhaynShare51Tweet10ShareEmail61 Shares
Germany-based broadcaster ProSiebenSat.1 group has sold its Bulgarian music TV channel Voice TV and the radio stations it owns in the country to A.E. Best Success Services Bulgaria for an undisclosed sum.Voice TV, which mostly airs music videos, was originally known as Veselina TV before it was acquired by SBS Broadcasting Group in 2006.
Telekom Austria ended September with 213,000 IPTV subscribers.The telco increased its A1 TV subscriber base by 14.6% year-on-year. It said ARPU for its A1 fixed line business increased by 1.3% to €32.2 at the end of September.
BSkyB is reportedly working with Roku to develop a set-top box to distribute its new online TV service.Bloomberg has reported Roku CEO Anthony Wood as saying that the box will connect TV sets to Sky’s Now TV service. He said that the set-top box, which would be available next year, would not carry Roku branding. However, Roku will also add a Now TV application to its own boxes.Roku received an investment of US$45 million (€37 million) in July from a group of investors that included BSkyB and News Corp in a deal that gave Sky the option to rebrand and distribute versions of Roku’s devices in the future.
TV software specialist Alticast has chosen ThinkAnalytics as a recommendation engine partner.Under the deal between the pair, Alticast will integrate ThinkAnalytics’ recommendation engine into its Windmill ecosystem to bring personalised, multiplatform recommendations and intelligent navigation to its customers in Europe, North America, Latin America and Asia.“As a pioneer in interactive TV software, Alticast is a natural partner for us. Both companies thrive on delivering proven, market-leading technology to pay TV operators that enhance their subscribers’ viewing experiences. Adding our intelligent search and recommendation engine to Windmill will provide Alticast’s customers with new ways of keeping viewers engaged and ultimately raising ARPU,” said Peter Docherty, founder and chief technology officer at ThinkAnalytics.
Sky Deutschland has successfully completed its capital increase, raising some €91 million, increasing the number of shares from 856,800,738 to 877,200,755.One result of the increase was that News Corp subsidiary News Adelaide increased its stake in the company by more than expected, taking its post-increase stake from 54.5% to 54.8%. It has been widely speculated that News Corp will move to take full control of the German pay TV operator.
Music broadcaster Box TV has launched a free live streaming service and interactive Freeview portal for its portfolio of music channels.Channels 4Music, heat, Kiss, Kerrang!, Box, Smash Hits and Magic can now be viewed for free through a new simulcast service on 4Music.com and the respective channel websites. The channels are being made available via a bespoke video player and content will be available on the web and via mobile and tablet devices.Box TV has also launched a new interactive TV portal that gives 4Music viewers on the Freeview platform access to three of the channels – Magic, Kiss and Kerrang! – via the Red Button.According to the broadcaster, this is the first time live IP streams have been added to a broadcast digital-terrestrial TV channel to create a portal of additional content.It also marks the first time an MHEG-ICS service has made use of encryption to protect the streams.Box TV has chosen SimpleStream to provide the platform for the live streaming services. The simulcast service launch follows Box TV’s channels becoming free-to-air services on Sky and all but 4Music becoming free-to-air on the Freesat platform.Julie Wright, business development and commercial director at Box TV, said: “Music and TV consumption patterns are changing and we are now able to meet our core 16-34 audiences on their preferred connected device and on compatible Freeview devices. We’re offering innovative, editorially curated and legal alternatives to pirate internet TV services and are giving our advertisers exciting new opportunities to market their brands and products.”
Belarusian IPTV provider Beltelecom has added two high definition channels to the programming line-up on its Zala TV service.Outdoor HD and MGM join the EPG. The first broadcasts in Russian and is focused on nature programming and outdoor pursuits. The second is a film channel that draws on MGM’s 5,000 title library.Earlier this week the MGM Channel in HD has launched exclusively on Sky in Germany and Austria. Last month Beltelecom added cultural and education channel Belarus-3 to its Zala TV line-up.
The owners of music video hosting service Vevo are reportedly close to hiring Goldman Sachs to look at sale options for the company.According to Bloomberg, citing three unnamed sources, Vevo’s shareholders are exploring options including the sale of a majority stake in the company.Vevo is owned jointly by Vivendi’s Universal Music Group, Sony Music Entertainment, Google and Abu Dhabi Media.According to Bloomberg, Vevo is considering offers from DreamWorks Animation, Liberty Media and the joint venture recently created by Peter Chernin’s Chernin Group and US telco AT&T to invest in OTT services.Earlier this month, Chernin and AT&T said they would invest up to US$500 million in OTT ventures.Vevo currently shows content from Sony and Universal and averages about 5.5 billion views monthly, with about 80% coming from outside the US.Speaking at the Billboard Latin Music Conference last week Vevo president and CEO Rio Caraeff said that he planned to expand the service to 20 new countries and generate over half of the company’s revenues from outside the US by the end of this year.
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