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Archive for May 9th, 2016

ISEG Acquires Startup Stock Exchange (SSX) to Expand Global Presence

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LONDON  /PRNewswire/ —

European Stock Exchange and Startup Stock Exchange to Merge Activities Under ISEG

The International Stock Exchange Group (ISEG) has acquired the Startup Stock Exchange http://www.Startup.SXan international marketplace for the trading of early stage company shares.

(Logo: http://photos.prnewswire.com/prnh/20160505/364267LOGO)

The transaction will combine the operations of the European Stock Exchange (ESE) and the Startup Stock Exchange (SSX) under ISEG and expand the group’s global presence and listing capabilities.

SSX was founded in 2012 to provide a market for the trading of qualified and publicly listed early stage companies. SSX operates under the DCSX in Curacao, Kingdom of the Netherlands with supervision from the Central Bank ofCuracao and St. Maarten. SSX has grown its market to registered investors from 144 countries and listing applications from over 900 companies from 80 countries.  SSX was featured in the Wall Street Journal in September 2014 and also in papers from Brazil to India to Singapore.

The synergies between ESE and SSX were the motivating factor of this acquisition. ESE offers companies a market where they can attract the next level of investor and to act like a public company before embarking on the obligation of being one. ESE has created the only platform where companies can list after crowdfunding and acts as a bridge between that type of fundraising and the regulation of a full exchange.

Edward Fitzpatrick, founder of ISEG, said “In the lifecycle of today’s fast-paced business any regular stock exchange just isn’t fit for purpose for early stage companies. These exchanges suit well-established companies with seasoned management.” ESE is a ‘university’ if you like. Perfect for crowdfunded companies to get them to the next round, highlight them to the next level of investor. ESE is a platform that does not trade shares and so having the next stage with SSX where companies can trade shares is a natural step.”

The closing of the SSX acquisition and the merger of activity and management with ESE brings a dynamic for thousands of companies seeking a home for the two steps required before any of these companies consider a big board listing or any other form of exit strategy.

“The acquisition of SSX Holdings Corp. by ISEG is an exciting evolution for SSX. It provides ESE a next step for qualified companies and investors to trade their shares on a licensed market. My co-founder, Brian Niessen and I are excited to place SSX under the control of ISEG and ensure ESE and SSX’s continued growth,” said Ian Haet, CEO and Co-Founder of SSX.

The acquisition provides ISEG with a robust technical platform for the trading of shares. ISEG has further ambitions in the platform arena and is in discussions in other parts of the world to bring a universal home for early stage companies to structure their capital, highlight their opportunity and ultimately trade their securities and allow well thought out exit strategies for their early adopter investor backers.

Investors and companies can visit http://www.europeanstockexchange.com, http://www.startup.sx andhttp://www.iseg.co for information.

Source: ISEG
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May 9, 2016 at 4:55 pm

Posted in Uncategorized

World Premiere for Christian Borgward, the Grandson of the Founder of the Company

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BREMEN and STUTTGART, Germany /PRNewswire/ —

Borgward drives the new BORGWARD

Christian Borgward’s reaction after his first drive with the BORGWARD BX7 AWD premiere model reveals much about his feelings for the Borgward brand: “It’s like holding your baby in your hands for the first time!” Christian Borgward is the grandson of company founder Carl F. W. Borgward, and he’s also one of the driving forces behind the brand’s impressive comeback. During the BORGWARD World Meeting in Bremen, he had the opportunity to drive the technical grandson of the BORGWARD models from the 1960s for the first time. “My idea to continue my grandfather’s dream is now a reality,” he said. “The Borgward brand is back on the road again-it’s a feeling beyond description!”

(Photo: http://photos.prnewswire.com/prnh/20160506/364526)
(Photo: http://photos.prnewswire.com/prnh/20160506/364527)
(Photo: http://photos.prnewswire.com/prnh/20160506/364528)

Both “grandsons” made a commanding impression during the drive in the BORGWARD brand’s hometown ofBremen, where as many as 100,000 vehicles rolled off the lines every year up until 1962 at the Sebaldsbrück plant that’s now operated by Daimler. After getting himself accustomed to the new vehicle, Christian Borgward started feeling right at home and began to enjoy the relaxing interior with its high-quality full-grain leather surfaces. He had absolutely no problem operating the Multiple Interaction online infotainment system using the touchscreen and the direct access buttons. Naturally, he also used his hands-free Bluetooth cell phone connection with voice-controlled dialing to report live to his family on his comfortable and safe trip in the BX7. The vehicle compensates for tricky situations with, among other things, its active lane-keeping or lane-changing assistance system and the standard city braking assistant, which warns Christian Borgward if he gets too close to the vehicle ahead. The BX7 is also equipped with a traffic sign recognition system that depicts the large number of traffic signs in urban settings on the dashboard display in an orderly manner. Tight maneuvers are made safe and easy with a 360º camera.

As the owner of a sporty Isabella Coupé, Christian Borgward is impressed by the superior sporty and nimble handling of the new BX7 SUV. He also revealed his in-depth knowledge about automobiles: “The chassis and steering are as direct as is necessary and as comfortable as possible. I didn’t expect to see this type of combination in such a large and tall SUV-the car is as fun to drive in the city as it is on country roads and big highways!”

After finishing up his first-ever drive in the BX7, the Chairman of the Supervisory Board of BORGWARD Group AG described what the experience was like. Despite his close emotional and business ties to the BX7 AWD, he did his best to remain objective: “Obviously, our premiere model is facing some high-powered competition in the world’s most dynamic vehicle segment. Nevertheless, the BORGWARD BX7 effectively reinterprets the genes of the successful models from the 1950s and 1960s for the modern era, and the vehicle is going to be successful. It’s more or less exactly the vehicle my grandfather would have built in today’s market environment if he were still alive.”

BORGWARD BX7 AWD: Luxurious SUV with character

The BORGWARD BX7 is a near-production prototype for the globally popular market for large mid-size SUVs. The newcomer, which is 4.70 meters long, makes a big impression with an innovative all-wheel drive system, powerful plug-in hybrid technology, and Multiple Interaction, which is the most advanced online communication and entertainment system on the market. Outstanding safety is guaranteed by the intelligent and comprehensive PROTECT occupant protection concept, which features groundbreaking preventive vehicle dynamics and driver assistance systems that can help avoid collisions. If worst comes to worst, however, a highly stable occupant cell with precisely defined deformation zones, as well as passive restraint systems, provide reliable protection and can significantly mitigate the consequences of an accident.

Additional highlights in the new SUV include an exceptionally spacious interior for a vehicle in this class (up to seven seats), and BORGWARD’s typically high level of design quality in line with the brand’s guiding principle ofModern Tradition. BORGWARD designers keep this motto in mind when developing the brand’s typical design idiom at the Design Center in Renningen, which is located near company headquarters. Here, the designers merge modern sculptural shapes with the BORGWARD brand’s traditional values to create superior automobiles that exude self-confidence.

BORGWARD World Meeting Bremen 2016

For the first time since 1990, members of the international BORGWARD fan community are gathering together for a World Meeting, where they can establish contact with the reborn brand for the first time. Along with legendary classic cars such as the Isabella, Arabella, and P 100, which are celebrating their return to their native city, the event will also showcase prototypes of the BORGWARD BX7 premiere model. The World Meeting thus brings together history and the future, a retrospective and a preview or-put simply-yesterday and tomorrow. Christian Borgward, grandson of company founder Carl F.W. Borgward and Chairman of the Supervisory Board of BORGWARD Group AG said: “I have been tremendously influenced by the brand created, and the things achieved, by my grandfather, whose 125th birthday we are celebrating at the BORGWARD World Meeting. I am incredibly pleased by the fact that the return of BORGWARD has now become a reality, and I am convinced that my father and grandfather would be just as thrilled as I am if they could experience this revival.”

Cross reference: Picture is available at AP Images (http://www.apimages.com) andhttp://www.presseportal.de/pm/115998/3320272

Further information

BORGWARD Group AG
Kriegsbergstrasse 11
70174 Stuttgart
Axel Lengert
Interim Product Communication Manager
Telephone +49-711-365-10-1045
E-mail ex-a.lengert@borgward.com
http://www.borgward.com

Source: BORGWARD Group AG
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May 9, 2016 at 4:22 pm

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i2c Expands Platform-Level Payment Control Features

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-Next Generation of Integrated Card Controls Allows Credit and Prepaid Issuers to Enable Cardholders to Personalize Their Cards While Mitigating Fraud Risks

REDWOOD CITY, Calif. /PRNewswire/ — i2c Inc., a global provider of smarter payments and integrated commerce solutions, today announced new enhancements to card control and real-time alerts built into its payment processing platform. (See http://www.i2cinc.com/products/issuer-processing/ for more information on the i2c payment processing platform.) Alert and spending control features enabled at the processor level give issuers and program managers an efficient, cost-effective way to bring to market, advanced card features that mitigate fraud risks and give consumers more visibility and control over their account activity.

New feature enhancements include purse-level controls that give cardholders more options when implementing budgets and spend controls, and advanced real-time alerts triggered by geo-location, context, and external events, which represents a significant innovation over current transaction and account-based alerts.

i2c’s latest multi-pursing and purse controls help consumers enforce their budget by regulating day-to-day spending. This creates an “actionable budget” that reinforces financial discipline and helps consumers carry out their financial plan, as opposed to having to review post-transaction spending history or analyze monthly billing statements. Advanced real-time alerts are triggered by external contextual information relevant to the cardholder — such as special offers on specific items, or even location, traffic, and weather — allowing consumers to take action on information that matters to them.

Because control and alert features are integrated at the processing platform level, they work across credit, debit, and prepaid products on any network, which means issuers avoid complex integration efforts and improve program time-to-market.

According to i2c’s Fraud Monitor Center, account use fraud has increased 15% over the past two years, underscoring the need for more vigilance around fraud protection for ecommerce transactions and use of credit card controls.

“With card controls features integrated in our platform, issuers can more easily provide consumers with customizable features like real-time alerts that give them immediate updates on critical account information like suspicious transactions,” said Lisa Fugate, vice president, credit processing, at i2c. “i2c was the first payment processor to offer card controls, and industry adoption has confirmed their value to issuers and cardholders. As consumer demand for these tools grows, we continue to innovate and improve solutions that add value to our customers and their brand.”

Payment controls and alerts can be enabled by the issuer as part of their program and personalized by cardholders to align with their spending habits, mitigate exposure to potential theft and fraud, and aid in planning and budgeting. For example, parents can allocate funds for specific purposes and work with their children to create budgets and positive financial habits. i2c’s payment controls work across any channel, be it physical or virtual card, mobile app, mobile web, online, or IVR.

About i2c Inc.

From its Silicon Valley headquarters, i2c Inc. provides smarter payments and integrated commerce solutions that financial institutions, corporations, brands, and governments around the world rely on to deliver high-impact, personalized experiences today’s consumers expect. i2c’s single, global cloud-based platform supports virtually any card payment program in plastic, virtual, or mobile form. Our customers use the i2c platform to deliver profitable credit, debit, and prepaid solutions that meet the highly differentiated needs of cardholders in 216 countries and territories. For more information visit www.i2cinc.com.

Logo – http://photos.prnewswire.com/prnh/20151020/278944LOGO

Source: i2c Inc.
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May 9, 2016 at 4:06 pm

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The Eternity of Love – Thomas Sabo Presents the New Charm Club Forever Fragrance

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LAUF AN DER PEGNITZ, Germany /PRNewswire/ — From a scintillating flirt to eternal love: the latest fragrance composition by THOMAS SABO, the floral-fresh Charm Club Forever fragrance, speaks of inner passion, an abundance of feelings and everlasting commitment.

(Photo: http://photos.prnewswire.com/prnh/20160504/363533)

The sensual sophistication of Charm Club Forever can be found in the flowing transitions of the fragrance structure – a moving signature that follows the symbol of infinity. From fruity accords of pear, bergamot and light green notes of the head note and the romantic connections of roses, jasmine and violet of the heart note to a combination of amber, cedar and fresh musk as a sensuous base.

A fragrance for love – made to celebrate the most beautiful moments for all eternity.

Charm Club Forever Eau de Toilette is available from May 2016, only as long as supplies last, through selected partners, from the online shop and from the THOMAS SABO shops.

Images and prices are available to you for download: https://we.tl/yeTvMcs6eX

(Link valid until May 18th 2016)

About THOMAS SABO

THOMAS SABO is one of the globally-leading jewellery, watches and beauty companies, designing, selling and distributing lifestyle products for women and men. The company, established in 1984 by Thomas Sabo in Lauf/Pegnitz, southern Germany, operates around 300 of its own shops across all five continents with a total of around 1,860 employees. At its headquarters, THOMAS SABO employs a staff of around 490. THOMAS SABO also collaborates globally with approximately 2,800 trade partners as well as leading airlines and cruise operators.

Press contact
THOMAS SABO GmbH & Co. KG
Felizia Kindermann | Head of International & Corporate PR
Tel: +49(0)9123-9715-0
Mail: f.kindermann@thomassabo.com

Source: THOMAS SABO GmbH & Co.KG

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May 9, 2016 at 3:59 pm

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Channel Collision: Drivers of Online and In-store Shopping Are Not as Sharply Divided as you Think

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NUREMBERG, Germany /PRNewswire/ —

Traditionally, the primary drivers for online shopping are seen as being consumers desire for better price,time saving and choice, in particular access to the long tail. In-store shopping, on the other hand, is seenas driven by the better experience delivered face to face and the ability to take home your purchase straight away. However, GfKs FutureBuy study reveals that the division is not as clear cut as expected.  

GfK asked 23,000 shoppers within 17 industries across APAC, LATAM, Europe, North America and the Middle Eastto think about the last time they were deciding whether to purchase something online versus in a store, and indicate what swayed their decision one way or the other.

The most important factors that shoppers say swayed their decision to make their purchase online rather than in-store are: saving money (the clear leader at 55 percent), easier shopping (28 percent), a better selection of goods (26 percent) and faster shopping (25 percent). The fifth most popular factor was equally divided, with one in five shoppers (21 percent) saying they chose online because they get better information there, and the same number saying it was because they are routinely shopping there already.

Most important factors driving a choice to purchase online

1

Save money (better pricing, deals)

55%

2

Shopping is easier

28%

3

Better selection

26%

4

Shopping is faster

25%

5=

Get better information

21%

5=

I’m routinely shopping there already

21%

Source: GfK FutureBuy survey of 23,000 shoppers in APAC, LATAM, Europe, North America, Middle East

Overlap in driving factors

However, four of those reasons for deciding to buy online also show up in the top five most important factors that drive people to buy in-store.

For purchases where shoppers chose to buy in-store rather than online, the leading factor swaying that decision are because they can see and feel the products before they buy (51 percent) – no surprise there. However, the next most popular reasons are more interesting.

A third (33 percent) said they chose to make a specific purchase in-store rather than online because shopping is easier in-store – compare this to the 28 percent who felt that online shopping was easier. The next highest reason for choosing in-store is that returns are less hassle (29 percent), closely followed by the fact that the shopper is routinely shopping there already (28 percent). The fifth most popular influencer for buying in-store was equally divided between getting better information and saving money (both 22 percent).

Most important factors driving a choice to purchase in-store

Let’s me see and feel the products

1

before I buy

51%

2

Shopping is easier

33%

3

Returns are more hassle-free

29%

4

I’m routinely shopping there already

28%

5=

Get better information

22%

5=

Save money (better pricing, deals)

22%

Source: GfK FutureBuy survey of 23,000 shoppers in APAC, LATAM, Europe, North America, Middle East

James Llewellyn, a director of shopper research at GfK, comments, “These results point toward two key implications. The first is that the drivers for physical retail versus online retail are not differentiated to the extent that we expect. For example, expert advice is not a key distinguisher one way or the other. To sustain footfall, it is therefore imperative that retailers (and their manufacturer partners) innovate to create reasons to visit, to increase propensity to buy your store, category or brand. We expect that, despite a brief hiatus, physical retail touchpoints will become more important than ever.

“The second implication is that, to succeed in the future, retail needs to create synergy between on and offline, not diversity. In the end it’s the same shoppers looking to fulfil the same need states with the same products and services.  In future there will be less debate about on and offline, and renewed focus on the fundamentals of choice, price, convenience and experience, and how to meet and exceed shopper expectations in each and across all”

View more insight on international shopper trends in GfK’s Future of Retail report: http://connected-consumer.gfk.com/future-of-retail/overview/

Contacts: James Llewellyn, Director of Shopper research, GfK  / +44(0)20-7890-9911 / James.Llewellyn@gfk.com

Source: GfK

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May 9, 2016 at 3:33 pm

Posted in Uncategorized

Global E-Commerce Marketplace Farfetch Announces US $110 Million Series F Round of Investment

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LONDON /PRNewswire/ — Farfetch announced it has completed a US $110 million Series F round of investment. The round was led by new investors Temasek, IDG Capital Partners and Eurazeo with existing investor Vitruvian Partners also participating in the round.

(Photo: http://photos.prnewswire.com/prnh/20160504/363673)

This round of investment, advised by Qatalyst Partners, follows a very strong growth path for Farfetch, which grew total transaction value more than 70% in 2015, to more than US $500 million.

Alexandre Quirici, Partner at IDG Capital Partners commented, “We are excited to back José and his team in the company’s next stage of development internationally. We are particularly excited about the growth of Farfetch inChina where we hope to help them achieve even greater success.”

The funds will primarily be used to continue the expansion of the company’s proprietary technology platform, to establish it as a leading omni-channel platform for both boutiques and brands globally and to further develop this offering for the global fashion industry; as well as consolidating a leadership position in China, Farfetch’s second largest market, Japan and other APAC countries.

China itself represents 12% of the company’s sales with APAC collectively representing a further 14%. These new strategic investors will provide insights, networking and support, driving continued growth in these markets. Farfetch also welcomes the expertise which will come from Eurazeo’s knowledge of luxury fashion and marketplaces.

José Neves, Founder and Chief Executive Officer of Farfetch remarked, “The vision for Farfetch was always to seamlessly integrate physical retail with digital platforms, which we have been doing since 2008, first starting with boutiques and 12 months ago adding brands to our global platform. This investment comes after strong inbound interest from investors, some of which we felt could really help Farfetch in our largest and fastest growing markets, or had exposure to marketplaces and luxury fashion.”

Virginie Morgon, Deputy CEO of Eurazeo, declared: “We were enticed by the Farfetch model which covers the sectors in which we have already gained a solid foothold: digital technology, luxury goods and brand names. In addition to its international profile, multi-channel model and its perfect understanding of the rules governing the luxury goods industry, we were very impressed by the company’s ground-breaking business model and the quality of its implementation, particularly from a technological perspective. We salute the omni-channel vision and digital expertise of the management team, in particular the company’s Founder and Chief Executive Officer José Neves.”

Significant developments to the Farfetch business over the past year include expanding the site’s roster of retail partners to include direct contracts with brands in March 2015, with over 75 global brands now selling through the platform; acquiring London-based boutique Browns in May 2015 in order to create a retail-tech incubator in which to develop innovative customer experiences; and developing Farfetch Black & White, the white label platform solution, that launched its first client site ManoloBlahnik.com in March 2016.

In addition to the Series F, Farfetch also put in place a secured US $50 million Growth Capital Loan Facility with TriplePoint Venture Growth BDC Corp. in March 2016. Neves added “This additional facility demonstrates the strength of the Farfetch business model, as well as confidence in future development plans.”

NOTES TO EDITORS

Farfetch’s current investors also include: Advent Ventures Partners, Index Ventures, Condé Nast international, Novel TMT, e.Ventures, DST Global, Richard Chen (Venture Partner at Chinese VC firm Ceyuan), Felix Capital

About Farfetch

Farfetch is a revolutionary way to buy fashion. The pioneering website brings together products from more than 400 of the world’s best independent designer boutiques and global brands from more than 37 countries including Paris,New York and Milan to Bucharest, Kuwait and Tokyo.

Our partners have been carefully selected for their unique approach, forward-thinking attitude and diversity, and include such renowned boutiques as Browns in London, L’Eclaireur in Paris, H. Lorenzo in LA, Kirna Zabête in New York and Excelsior, Milan; and brands including Derek Lam, J.W Anderson, Roksanda, AMI Paris, Dion Lee and La Perla.

Founded in 2008 by the Portuguese entrepreneur José Neves, the site is now translated in 9 languages servicing over 190 countries. For lovers of beautiful fashion Farfetch offers the chance to indulge a passion and shop the world.

http://www.farfetch.com @Farfetch

About Temasek

http://www.temasek.com.sg

About IDG Capital Partners

http://www.idgvc.com

About EURAZEO

http://www.eurazeo.com

About Vitruvian

http://www.vitruvianpartners.com

Source: Farfetch
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May 9, 2016 at 3:23 pm

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4 Ways to Collect Customer Feedback that can Improve your Small Business

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NEW YORK /PRNewswire/ — Brand exposure is vital to staying relevant in today’s crowded marketplace. But what cost-effective tool should small businesses utilize that not only creates brand evangelists, but builds your organizations’ credibility?

Logo – http://photos.prnewswire.com/prnh/20110831/NY59180LOGO

In the latest article posted to PR Newswire’s Small Business PR Toolkit, contributing author Heather Wied explains that the answer lies in leveraging customer feedback. Wied provides four ways to gather this information.

Process. Identifying when to gather feedback can be a challenge for resource-strapped business owners, so Wied suggests establishing a process within your customer’s purchasing cycle to provide structure.

Incentivize. Offer a discount for first-time feedback providers or implement a referral program to provide customers additional perks for the additional referrals they bring in. Identify your avid customers or brand evangelists and reward these users with special perks that are greater than the average incentives you offer.

For discussion on the two remaining ways to gather customer feedback, read Wied’s complete post here.

PR Newswire’s Small Business PR Toolkit is a comprehensive resource that provides small businesses and entrepreneurs the tools to develop an affordable public relations and marketing plan that helps generate interest from potential customers, engage with key audiences and grow their businesses. The toolkit features relevant content such as informative white papers, interactive webinars and how-to articles and premium access to educational resources, as well as the opportunity to take advantage of special offers designed specifically for small businesses. To request information on how PR Newswire can help your small business, click here. You can receive updates on new Small Business PR Toolkit content by following @prnsmallbiz on Twitter.

About PR Newswire                       

PR Newswire (www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content — from rich media to online video to multimedia — and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world’s largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world’s enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a UBM plc company.

Contact:
Amanda Eldridge
Director, Strategic Channels
+1 201-360-6906
Amanda.eldridge@prnewswire.com

Source: PR Newswire Association LLC

Related stocks: LSE:UBM OTC-PINK:UBMPY

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May 9, 2016 at 2:47 pm

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Emerald Performance Materials Agrees to Sell Specialties and Polymer Additives and Nitriles Businesses

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CUYAHOGA FALLS, Ohio /PRNewswire/ — Emerald Performance Materials, LLC has reached an agreement to sell its Emerald Specialties and Polymer Additives and Nitriles business groups to DyStar LP. The sale involves five of the company’s nine plants, specifically the dedicated plants in Charlotte, NC, Cincinnati, OH,Cheyenne, WY, Henry, IL, and a portion of a shared site in Akron, OH.  Terms of the transaction were not disclosed.

The sale is expected to close in the third quarter of 2016, subject to standard regulatory approvals.

About Emerald

Emerald produces and markets technologically advanced specialty chemicals for a broad range of food and industrial applications. Its products play a variety of roles in the products that are consumed and used every day enabling them to last longer, look, smell, taste or perform better. Emerald® products are used in aerospace, food, beverages, cosmetics, toothpaste, household products, paint, tires, automobiles, sports gear and many other applications. Emerald has four business units, nine operations and approximately 800 employees. To learn more about Emerald, please visit www.emeraldmaterials.com.

Source: Emerald Performance Materials, LLC

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May 9, 2016 at 2:43 pm

Posted in Uncategorized

Britons to Spend More on Online Video than DVDs for First Time

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LONDON /PRNewswire/ — This year, for the first ever time, Britons will spend more on video streaming subscriptions and film/TV downloads than on buying and renting DVDs, according to research and consulting firm, Strategy Analytics.

Strategy Analytics
Strategy Analytics

Consumers will spend £1.31 billion on streaming and downloading in 2016 (23.7% more than 2015), compared to £956 million on DVDs (includes Blu-ray), a 16.3% decline to below the £1 billion mark for the first time since 1994. Online formats will, thus, account for 58% of home video spend, compared to 42% for DVDs, whose share in 2015 was 52%.

Splitting out online and DVDs into the five main methods of accessing home video, most spend in 2016 will still go on buying DVDs/Blu-ray, but that will drop 16% to £905 million.

Streaming subscription services, such as Netflix and Amazon Prime Video, follow next and are the fastest-growing format, rising 36% to £742 million – or £1 in every £3 spent on home video. There are around 4.6 million Netflix households in Britain and 2.5 million with Amazon Prime. Around 20% of households who subscribe to a video streaming service, subscribe to at least two.

Video streaming subscriptions will be the dominant format from 2017 onwards and will account for over half of consumer home video spend by the end of 2021.

Downloading to rent will rise 8% to £338 million in 2016, downloading to buy will rise 16% to £234 million. Spend on renting DVDs will fall 24% to £51 million, or just 2% of the market.

“Five years ago, DVDs represented 86% of consumer spend on home video, in five years it will be less than 14%, with DVD/Blu-ray rental virtually extinct,” says Michael Goodman, Strategy Analytics’ Digital Media Director. “As online provides increasing ways to access films and box-sets, physical simply can’t compete. Although many people will always prefer a physical disc, retailers will have to decide whether it’s even viable to offer that format in five years’ time. Many won’t and with less high street players around, it will be online, ironically, that keeps DVDs on life support via e-commerce.”

Overall, the £2.27 billion Britons will spend on home video is a 3% rise on 2015 and the equivalent of £6.63 per household a month. However, video advertising around streamed and downloaded content will rise 23% to £593 million. Thus, overall revenues for the home video market will grow 6.6% to £2.86 billion.

Media contact:  Alex Burmaster, Meteor PR, 020 3544 3570, alex@meteorpublicrelations.com

Report Author: Michael Goodman, +1 617 614 0769, mgoodman@strategyanalytics.com

About Strategy Analytics
Strategy Analytics, Inc. provides timely and actionable market intelligence focused on opportunities and disruptive forces in the areas of Automotive Electronics and Entertainment, Broadband Connected Home, Mobile & Wireless Intelligent Systems and Virtual Worlds. Headquartered in Boston, MA, with offices in the UK, France, Germany,Japan, S. Korea and China, Strategy Analytics works with clients through annual multi-client services, management team workshops and custom consulting engagements. For more information, please visithttp://www.strategyanalytics.com/

Photo – http://photos.prnasia.com/prnh/20160505/8521602893

Source: Strategy Analytics

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May 9, 2016 at 2:39 pm

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Surfline Merges with Eyeball Surfcheck, Expanding Coverage and Enhancing the Experience for UK Surfers With New HD Surf Cameras and Expert 17-Day Forecasts

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WOOLACOMBE, North Devon, England /PRNewswire/ — Surfline/Wavetrak Inc. is pleased to announce it has merged with Eyeball Surfcheck Ltd. The merger expands surfers’ access to surf cameras in theUnited Kingdom on both the Eyeball and Surfline platforms. In addition, surfers will benefit from improved surf forecasts and surf reports on the Surfline website and Surfline mobile app under the direction of Eyeball’s Trev “Toes” Lumley.

Surfline expands its coverage for top UK surf spots, such as this one in Croyde. Photo credits: Rob Tibbles
Surfline expands its coverage for top UK surf spots, such as this one in Croyde. Photo credits: Rob Tibbles

Photo – http://photos.prnewswire.com/prnh/20160505/364238

Both Surfline and Eyeball now offer surfers in the United Kingdom access to 15 live HD surf cameras, providing extensive coverage across the Cornish, Devon, Dorset and South Wales coastlines. Surfline plans to add additional cameras, reports and forecasts at popular UK surf breaks throughout 2016. View the cameras on Eyeball here.

As the official forecaster for the World Surf League Samsung Galaxy Championship Tour, Surfline provides an unrivalled set of tools to help UK surfers know before they go, including a team of expert forecasters, proprietary wave modeling and forecasting technology and over 35 years of experience. Surfline’s forecasting tools will be complemented by the work of UK surf reporting legend Trev “Toes” Lumley, who will craft premium surf forecasts, written analyses and the all-important eyeball report.

Trev “Toes” Lumley and Eyeball have been reporting on surf conditions in the UK since 1987, when surfers would call in for a verbal update on conditions. Eyeball followed Surfline’s 976-SURF pay-per-call model before shifting online with the dawn of the internet. Both are steeped in surfing heritage and share a special place in surfers’ lives either side of the Atlantic.
“I’ve checked the surf a heck of a lot since I launched Eyeball back in 1987 and in that time a lot has changed! From picking up the phone and looking out of the window of my old beachside Woolacombe hotel to providing the very first Eyeball reports; to the introduction of live streaming cams, the mission the whole time has been the same – to give surfers the info they need to get the best waves,” said Lumley.

“Now, Surfline’s involvement means we can take our biggest stride forward to date. I couldn’t be more excited to tap into their 30+ years of experience and technical expertise to extend our camera network beyond North Devon and offer UK surfers the best service out there.”
“Our purpose is to make surfers’ lives better, and we want to do that for more and more surfers around the world,” said Ross Garrett, Surfline’s General Manager. “With their emphasis on great cam locations and human reports and forecasts, Trev and the Eyeball crew have truly made surfers’ lives better for years and we’re excited to help take what they’ve done to a new level.”
Surfline’s award-winning editorial content, 17-day surf forecasts, high resolution winds, nearshore wave models, offshore swell forecasts, swell period forecasts, buoy observations and other map-based forecasts will also beavailable for all UK surfers.

About Surfline-

Surfline’s websites, apps, and data feeds are used each day by millions of surfers around the world to be inspired, entertained, and of course, to live out Surfline’s tagline: Know Before You Go. Powered by a 30-year data set, proprietary data modeling and a team of meteorologists and scientists with more than 100 years of combined surf forecasting experience, Surfline’s forecasts are unrivalled. Surfline is the official forecaster to the World Surf League’s Samsung Galaxy Tour and Big Wave World Tour. With live HD cameras at over 300 beach locations worldwide and with award winning editorial content, Surfline is the trusted source for all things surf. For more information visit http://www.surfline.co.uk/

Contact-

For UK press and advertising enquiries please contact Andy Tozer:
Email: andy@surfline.com
Phone: +447725 322 473

Photo – http://photos.prnasia.com/prnh/20160506/8521602916

Source: Surfline/Wavetrak Inc.

Written by asiafreshnews

May 9, 2016 at 2:28 pm

Posted in Uncategorized