Bob Iger, chief executive officer of Disney, desires minority partners for ESPN, but striking an agreement will be difficult.

Bob Iger, the chief executive officer of Disney, has taken the unusual step of paying former executives Kevin Mayer and Tom Staggs a consulting retainer to assist him in resolving a difficult issue: what to do with ESPN.

Mayer and Staggs are Candle Media's co-CEOs. Both individuals ...

Amazon decides to drop Visa as partner on US Credit Card

Amazon had earlier confirmed that it will stop accepting Visa credit cards in the UK, after a dispute over payments intensified. But now the company has decided to drop Visa as a partner on its US co-branded credit card.

Highlights

• Amazon confirms that...

JAPAN’S CPI DROPPED 0.1% IN APRIL OVER MOBILE PHONE FEES

Highlights –

• Japan’s CPI dropped 0.1% in April over mobile phone fees.
• Bank of Japan struggled to accelerate inflation toward its elusive 2 percent goal.
• In April, mobile phone fees tumbled 26.5 percent from a year earlier.
...

NETFLIX INC. IN JAPAN RAISED ITS SUBSCRIPTION FEES FOR TWO PLANS

Highlights –

• Netflix Inc. in Japan raised its subscription fees for two plans.
• The streaming company increased the fees by about 13%.
• In the summer of 2020, Netflix reported 5 million subscribers in Japan alone.
• The new sub...

JAPAN MINISTRY OF COMMUNICATIONS PLANS TO IMPOSE EXTRA CHARGES FOR NOT PAYING NHK FEES

Highlights –

• Japan Ministry of Communications plans to impose extra charges for not paying NHK fees.
• The plan to legislate the new system was announced during an expert panel meeting.
• An expert panel has been set up by the ministry to...

JAPANESE HOUSEHOLD AND BUSINESS WITH TV TO PAY RECEPTION FEES TO NHK

Highlights –

• Japanese household and business with TV to pay reception fees to NHK.
• The recommendation is from Japan’s ministry to a ministry expert committee considering NHK’s future.
• NHK asked for legal changes to allow ...

JAPAN’S NHK PROPOSED TO ABANDON MAXIMUM LIMIT OF 2.5% OF VIEWER FEES

Highlights –

• Japan’s NHK proposed to abandon maximum limit of 2.5% of viewer fess.
• NHK’s proposal will be subject to public comments.
• JBA has sought that the 2.5% maximum limit be maintained.
• In 2020 NHK's o...

DELHI HC ORDERS STAY ON COLLECTION OF ANNUAL AND DEVELOPMENT CHARGES BY PRIVATE SCHOOLS

A decision that will definitely bring some relief to the parents of those kids that study in private schools in Delhi has been taken by the Delhi High Court. The Delhi High Court has ordered a stay on the collection of annual and development charges by a private school during the period of COVID-...

GRAB WANTS PLATFORM FEES TO IMPLEMENTED; WATCHDOG SAYS LET PUBLIC DECIDE

HIGHLIGHTS

• For Grab a cab business company that provides rental rides to citizens has started charging platform fee S$0.32 with GST for every ride, as told by Competition and Consumer Commission of Singapore (CCCS).

Grab has defended its move b...

RENTS LOWERED BY BUILDING AND SHOP OWNERS IN SOUTH KOREA – COVID-19

Highlights –

• Weak economy turning Korean citizens help each other to support the ecosystem
• Building and shop owners decrease rent for a few months, waives various fees
• 70.3 percent of them are having business difficulties due to COVI...

Having the right personal trainer is a blessing

Getting the right personal trainer is one of the the most amazing experiences of somebody's life. On the other hand, having a wrong one can be the most devastating experience.

Most people spend limitless hours in research for purchasing a car, a house or a cellphone. Similar ef...