With Samsung, Jay-Z's business continues to boom

NEW YORK (AP) ? He really is more than a businessman.

Jay-Z's partnership with Samsung for his new album, "Magna Carta Holy Grail," is another sign of how musicians are finding new ways to push, sell and promote their music, and how the multiplatinum performer ? who famously rapped "I'm not a businessman, I'm a business, man" ? continues to leverage his enduring popularity into a successful brand.

Jay-Z will give his new album to 1 million users of Galaxy mobile phones on July 4, three days before the album's official release date. The 43-year-old broke the news about his twelfth album in a three-minute commercial during the NBA Finals.

Details about the Samsung-Jay-Z deal, announced Sunday, weren't disclosed and both parties did not grant interviews.

But Jay-Z's partnership is just another way artists are promoting their music at a time when album sales are low and the digital market has taken the lead in the music industry.

Jim Donio, president of the National Association of Recording Merchandisers (NARM), said top level acts like Jay-Z and Taylor Swift have the power to launch new albums in spectacular ways with various partners.

"For an artist whose album release is an event in itself ... they carry with them a much wider profile in the marketplace that they speak to, so their audience and all the things that they do affords these unique opportunities," he said.

In 2011, Lady Gaga sold 440,000 copies of her "Born This Way" album on Amazon for just 99 cents when it was on sale for two days, helping the album sell 1.1 million in its debut week. Others have also used that trend to sell albums, though not in its debut week: Last year, Phil Collins' greatest hits jumped into the Top 10 at No. 6 ? its peak ? when it was sold for 99 cents for a day. And Bruno Mars' "Doo-Wop & Hooligans" and Demi Lovato's "Unbroken" both jumped about 100 spots on the Billboard chart when they were on sale for 99 cents months after they were released.

Taylor Swift, one of the top sellers in music, had her second platinum-debut week with "Red" last year. Her partnerships for the album included Target, Walgreens and Papa John's (you could order a pizza and a Swift album at the same time).

"Even if you didn't purchase the CD, her face was still on the pizza box," Donio said.

And Prince released his "20Ten" album in 2010 via the Daily Mirror newspaper in United Kingdom.

Jay-Z's new partnership is one of his many business deals. His Roc Nation agency, which manages Rihanna, Shakira and other musicians, recently expanded into the sports world, and he now is helping the careers of New York Yankee Robinson Cano, New York Jets rookie Geno Smith and others. Jay-Z has launched fashion lines, has a string of 40/40 nightclubs, was also the president of Def Jam and owned part of 1 percent of the Brooklyn Nets.

He's still a consistent hit maker and a superstar who transcends music ? which is why Samsung likely partnered with him on his new album. Samsung has chipped away at Apple's share of the mobile market with its Galaxy phones, and companies are relying more on music to lure new customers (Apple last week announced it will debut iTunes Radio, its streaming music service, in the fall).

One of the many questions about the Samsung deal still unanswered: Will the 1 million downloads count toward first-week sales of the album, giving it elite status of debuting with platinum sales, an accomplishment few artists have achieved? Billboard, which tracks album sales and chart information for the industry, did not return emails seeking comment. Samsung reportedly purchased the albums though it's unclear what the price-point was.

Jay-Z made it clear Monday what he felt the trade publication should do.

"If 1 Million records gets SOLD and billboard doesn't report it, did it happen? Ha," Jay-Z tweeted, adding: "Platinum!!!"

Donio said he thinks more deals like Samsung-Jay-Z are on the horizon.

"The record labels that are putting out the music and partnering with a variety of types of commerce outlets are going to look at just anything and everything that may work with that particular artist and that particular album release," he said.

____

Online:

http://www.magnacartaholygrail.com/

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Follow Mesfin Fekadu on Twitter: twitter.com/MusicMesfin

Source: http://news.yahoo.com/samsung-jay-zs-business-continues-boom-094503461.html

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China's latest 'sacred' manned space mission blasts off

By Ben Blanchard

BEIJING (Reuters) - A Chinese manned spacecraft blasted off with three astronauts on board on Tuesday on a 15-day mission to an experimental space lab in the latest step towards the development of a space station.

The Shenzhou 10 spacecraft was launched from a remote site in the Gobi desert in China's far west at 5:38 p.m. (0938 GMT) under warm, clear blue skies, in images carried live on state television.

Once in orbit, the craft will dock with the Tiangong (Heavenly Palace) 1, a trial space laboratory module, and the two male and one female astronauts will carry out various experiments and test the module's systems.

They will also give a lecture to students back on Earth.

China successfully carried out its first manned docking exercise with Tiangong 1 last June, a milestone in an effort to acquire the technological and logistical skills to run a full space station that can house people for long periods.

President Xi Jinping oversaw Tuesday's launch personally, addressing the astronauts before they blasted off to wish them success, saying he was "enormously happy" to be there.

"You are the pride of the Chinese people, and this mission is both glorious and sacred," Xi said, according to state media.

This mission will be the longest time Chinese astronauts have spent in space, and marks the second mission for lead astronaut Nie Haisheng.

It is China's fifth manned space mission since 2003, and was accompanied by the usual outpouring of national pride and Communist Party propaganda, including children dressed as happy ethnic minorities waving off the three at the space centre.

However, some wondered why China was spending so much money exploring space when it was still a developing country with a plethora of more pressing issues, from food safety and pollution to the prevalence of workplace fire disasters.

"Why don't they spend this money solving China's real problems instead of wasting it like this?" wrote one user on China's popular Twitter-like service, Sina Weibo.

China's space program has come a long way since late leader Mao Zedong, founder of Communist China in 1949, lamented that the country could not even launch a potato into space.

But China is still far from catching up with the established space superpowers, the United States and Russia.

Rendezvous and docking techniques such as those which China is only testing now were mastered by the United States and the former Soviet Union decades ago, and the 10.5 meter-long Tiangong 1 is a trial module, not a fully fledged space station.

Still, the Shenzhou 10 mission will be the latest show of China's growing prowess in space and comes while budget restraints and shifting priorities have held back U.S. manned space launches.

China also plans an unmanned moon landing and deployment of a moon rover. Scientists have raised the possibility of sending a man to the moon, but not before 2020.

While Beijing insists its space program is for peaceful purposes, a Pentagon report last month highlighted China's increasing space capabilities and said Beijing was pursuing a variety of activities aimed at preventing its adversaries from using space-based assets during a crisis.

Fears of a space arms race with the United States and other powers mounted after China blew up one of its own weather satellites with a ground-based missile in January 2007.

(Additional reporting by Hui Li; Editing by Nick Macfie)

Source: http://news.yahoo.com/chinas-latest-manned-space-mission-blasts-off-094410665.html

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Sen. Marco Rubio to Jay-Z: Get your facts straight on Cuba

Immigration reform pushed by the bipartisan 'Gang of Eight' hits the Senate this week. Sen. Marco Rubio is a key player, and he was all over the news shows Sunday talking about that.

By Brad Knickerbocker,?Staff writer / April 14, 2013

Sen. Marco Rubio, R-Fla., speaks at a Capitol Hill news conference on immigration legislation with other members of the "Gang of Eight," including, from left, Sen. John McCain, R-Ariz., Sen. Chuck Schumer, D-N.Y. and Sen. Robert Menendez, D-N.J.

J. Scott Applewhite/AP

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Sen. Marco Rubio is a main Republican point man on immigration reform, not to mention trying to get Hispanics to vote GOP for a change. And he was all over the TV news shows Sunday ? seven venues (two Spanish language), which may be a record ? touting the points he?ll make when legislation is taken up this coming week.

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But first, he had a message for rapper Jay-Z, who went to Cuba recently on a trip with his wife pop singer Beyonc??that conservative critics saw as propaganda for a repressive country.

"If Jay-Z was truly interested in the true state of affairs in Cuba, he would have met people that are being oppressed, including a hip-hop artist in Cuba [jailed rapper Angel Yunier Remon Arzuaga] who is right now being oppressed and persecuted and is undergoing a hunger strike because of his political lyrics," Sen. Rubio said on ABC's ?This Week.?

"Jay-Z needs to get informed," Rubio said. "One of his heroes is Che Guevara.?Che Guevara was a racist.?Che Guevara was a racist that wrote extensively about the superiority of white Europeans over people of African descent, so he should inform himself on the guy that he?s propping up."

But aside from Cuba ? a minor issue in immigration reform but important to Floridians like Rubio, whose parents emigrated from there ? Rubio?s stance and now outspokenness on immigration could be risky for him and the Republican Party.

?The gambit could pay off in spades by crowning a leading presidential contender in 2016, or it could permanently damage the Republican?s brand with conservatives,? writes Manu Raju at Politico.

Rubio is one of the bipartisan ?Gang of Eight? Senators who?ve taken the lead on immigration, but he has remained a bit of a wild card, pressured from both directions.

On Friday, the president of the Immigration and Customs Enforcement union called on Rubio to step down from the Gang of Eight, charging that proposed legislation ?offers legalization, or amnesty, before enforcement.?

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/6oT0ihjLNnk/Sen.-Marco-Rubio-to-Jay-Z-Get-your-facts-straight-on-Cuba

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Special Needs Network Gears Up for Autism Awareness Month ...

Special Needs Network (SNN), California?s leading grassroots autism advocacy organization, will host a series of events throughout the month of April to help increase awareness about autism and the issues surrounding those impacted by the disorder. Autism impacts 1 in 50 children and appears to have its root in early brain development, although there is no known cause or cure. Since its inception, SNN has worked with more than 30,000 children and families and is known as California?s go-to organization for autism advocacy and serving under-served populations, particularly the African American and Latino communities.

With the Centers for Disease Control recent report announcing an increase in the rate of autism from 1 in 88 to 1 in 50 among children, SNN?s collection of events comes at an ideal time to continue building awareness about a medical condition that impacts more than one million children across the country. African American and Latino children are diagnosed two to four years later than their non-minority peers and often have more difficulty accessing much needed diagnostic and intervention services.

The organization?s most anticipated event takes place on April 12 and 13 with a two-day conference that is free and open to the public. More than 2,000 people are expected to attend. The event, SNN?s 7th Annual Tools for Transformation conference, will be held at the Radisson Midtown at USC. A legislative breakfast featuring several of California?s most influential elected officials will kick off the event and will address critical national issues including bullying, gun violence and school safety.

Guest speakers include the Honorable Mark Ridley-Thomas, Los Angeles County?s Board of Supervisors Chairman. Supervisor Ridley-Thomas will be joined by Congresswoman Janice Hahn, state Senator Curren Price Jr. and Los Angeles County?s district attorney Jackie Lacey. Participants will be able to weigh in on the issues presented and interact with the speakers.

In addition to the legislative breakfast, the conference will include workshops with nationally recognized experts on developmental disabilities, learning disabilities, autism, ADHD and more. There will also be an anti-bullying summit specifically for students and young people. Conference attendees will also be able to attend a resource fair where they can connect with service providers, disability rights attorneys and other special needs professionals.

As if planning California?s largest and most comprehensive, free, two-day conference on issues surrounding autism and developmental disabilities wasn?t enough, SNN will kick-off Autism Awareness Month with a 5K run and walk. This event will be held in conjunction with the Hollywood Half Marathon on April 6.

SNN will also play a key role in increasing awareness about autism with California elected officials by hosting two proclamation days with city council members and board members of Los Angeles County. Additionally, a legislative event will take place on April 17 in Sacramento, where SNN?s president and founder, Areva Martin, Esq., will announce the organization?s sponsorship of three autism bills being introduced by the state Senate.

?Autism Awareness Month gives organizations like ours a chance to shine a bright light on the issues that families, particularly those in underserved communities, face on a daily basis to access quality healthcare and educational services for their kids,? says Martin. ?With state budget cuts and the increasing autism rates, now more that ever, families need help. Each project we have throughout April focuses on increasing access to services and helping push forward critical legislation that will help California?s special needs children.?

For a full list of SNN?s activities and events throughout April, visit specialneedsnetwork.org. SNN also invites anyone with questions or concerns about autism and other developmental disabilities to contact their office at (213) 389-7100 for information on available resources, programs and service providers.

To read the complete press release?..Click here

- Courtesy of PRWeb

Source: http://www.lensaunders.com/wp/special-needs-network-gears-up-for-autism-awareness-month/

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Alaska lawmakers slash oil taxes, hope to spur output

By Yereth Rosen

ANCHORAGE, Alaska (Reuters) - Alaska lawmakers on Sunday gave final approval to a bill slashing state oil-production taxes in a change supporters said was needed to boost flagging output from aging fields but which critics say will severely damage the state's finances.

The new system approved by the Republican-dominated legislature does away with a methodology that increases tax rates as oil prices rise, a centerpiece of the aggressive tax legislation championed by former governor Sarah Palin.

Alaska will impose a base rate of 35 percent on oil companies' net profits in the state, replacing a 25 percent base rate that increased by 0.4 percentage points for every $1 above a net wellhead price of $30.

While the old tax system produced billions of dollars in surpluses for the state treasury, it meant Alaska's tax rate topped 50 percent when oil prices were high. Governor Sean Parnell, Palin's successor, said the cut would set the stage for future growth as the state tries to reverse decades of declining oil output.

"We are signaling to the world that Alaska is back, ready to compete, and ready to supply more energy once again," Parnell, who introduced the bill, said in a statement.

Oil production from Alaska's North Slope peaked in 1988 at over 2 million barrels per day, led by the Prudhoe Bay field which averaged 1.6 million bpd that year, according to state Department of Revenue statistics. Production in 2012 averaged 579,400 bpd, with Prudhoe Bay production down to 265,200 bpd.

The tax change was promoted by the three major North Slope oil producers, ConocoPhillips, BP Plc and Exxon Mobil Corp. The companies argued that Alaska's current tax system is punitive and makes the state less attractive than other regions, such as North Dakota and Alberta.

Republicans said the changes would ultimately coax more oil into the aged Trans Alaska Pipeline. But minority Democrats railed against it, with Senator Bill Wielechowski saying it handed over "billions of dollars, with no strings attached."

"It's an epic give-away," he said.

Senator Bert Stedman of Sitka, one of the few Republicans to oppose the tax cut, said if the new system had been in place in 2012, the state would have lost $1.7 billion in revenue from the two major North Slope fields, Prudhoe Bay and Kuparuk.

Stedman said the tax changes granted breaks mostly to the legacy fields, where oil has been flowing for decades and where reductions are unnecessary. "When you make a colossal financial error like this, it's going to be difficult to back up and fix it. And we're going to burn through our savings," he said.

With the tax cut, the state will need to take $861.5 million from savings to balance the budget for fiscal 2014, starting on July 1, said Senator Hollis French, an Anchorage Democrat.

"I'm very concerned that this bill may bankrupt the state," he said, estimating that with credits and exemptions included in the bill, the effective tax rate would be 14 percent.

The legislature on Friday also approved Parnell's bill to authorize $355 million in grants, loans and other financing for a system to bring liquefied natural gas from the North Slope to Fairbanks.

The project would include a small liquefaction plant, a system to truck the LNG to Fairbanks and a distribution system there. Currently, a small amount of LNG is trucked north to Fairbanks from Cook Inlet in southern Alaska. Some regional utilities are considering plans to bring LNG south from the North Slope.

Another bill approved on Saturday by the legislature authorizes funding for an in-state pipeline to bring natural gas from the North Slope to Fairbanks and Anchorage.

Such a project, which would carry up to 500 million cubic feet a day, would cost $7.7 billion, according to the state agency developing plans. So far, no companies have submitted formal plans for such an in-state natural gas pipeline, which critics claim would hinder chances for a large North Slope natural gas export project.

(Editing by Braden Reddall and Edwina Gibbs)

Source: http://news.yahoo.com/alaska-lawmakers-slash-oil-taxes-hope-spur-output-054110640--finance.html

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Trout, Hamilton power Angels past Astros

By JOE RESNICK

Associated Press

Associated Press Sports

updated 8:06 p.m. ET April 14, 2013

ANAHEIM, Calif. (AP) - The suicide squeeze that worked so well the night before for the Houston Astros with Marwin Gonzalez at the plate gave rookie manager Bo Porter the idea of trying it again with Ronny Cedeno.

The Los Angeles Angels were ready this time.

Mike Trout hit his first home run of the season and Josh Hamilton also connected, leading C.J. Wilson and the Angels over Philip Humber and Houston 4-1 Sunday.

The Astros trailed 2-1 with one out in the sixth when they put Carlos Pena on third and Carlos Corporan at first. Cedeno bunted, and Wilson flipped the ball to catcher Hank Conger for the tag.

"When you have the kind of baserunners that you're not going to send them on contact ... you're trying to give yourself the best opportunity to get that guy home. But it just didn't work out," Porter said.

"In that situation, with the way Humber was throwing the ball for us, we thought if we could just get even and turn it into a bullpen game, I liked our chances. But they got the big hit in the eighth and those two runs in the eighth gave them a cushion."

Wilson said the element of surprise on the squeeze play was "zero," as far as the Angels were concerned.

"They had a bat-handler up there in Cedeno," Wilson said. "So I came up set, just knowing that this was possibly where they were going to try it - because anything that they can do to get the momentum back is huge for them."

Humber (0-3) allowed two runs and seven hits in seven innings and struck out four.

"He was outstanding. He was very efficient with his pitches and did a great job attacking the strike zone," Porter said. "He kept a pretty good hitting ballclub at bay and kept us in the ballgame."

The Astros didn't score a run in either of Humber's first two outings for them, which he lost 4-0 loss to Texas and 3-0 at Seattle.

"The guys are battling and today we got some runners on, but C.J. was tough," Humber said. "He made pitches when he had to make them, and their bullpen pretty much shut us down."

"As a pitcher, you can't really control wins and losses. You just go out there and try to give the team a chance to win when it's our turn. There are times when I go out there and don't deserve to win and my teammates have picked me up. That's happened a lot in the past, so you just keep going," he said.

Wilson (1-0) allowed one run and five hits in six innings. He struck out three, walked four and threw 115 pitches.

"We talked about how he had some command issues in his last start, so working counts was definitely part of our approach as a team," Astros center fielder Justin Maxwell said. "We did a really good job of making him work. I think almost every one of our batters had a full count at one time or another. So it worked pretty well, and we got some runners on."

Ernesto Frieri, the fourth Angels pitcher, got four outs for his second save.

Trout, whose 30 homers, 83 RBIs and .326 average last season helped him win AL Rookie of the Year honors, gave the Angels a 2-1 lead. It was his first RBI in four games since manager Mike Scioscia switched him from first to second in the batting order.

Hamilton, who homered in Saturday night's 5-4 win, hit an opposite-field drive that just cleared the fence in left-center as Maxwell made a leaping attempt.

"I thought he was camped under it," Hamilton said. "He was playing there, anyway. I think he would have caught it if he hadn't jumped into the wall. I think he got a little too close to the wall. I've done that myself."

NOTES: The last three teams Humber has pitched for - Oakland, Chicago and Houston - claimed him off waivers. Of the 23 pitchers who have thrown perfect games in the majors, only Humber, Randy Johnson and David Wells started the following season with a different team. ... Dominguez has played errorless ball at 3B through his first 11 games (43 chances). ... The Astros struck out eight times. They've fanned 121 times in 12 games this season.

? 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Round 1 to Atlanta

Justin Upton and Andrelton Simmons homered and the Atlanta Braves won their ninth in row as Paul Maholm beat the Washington Nationals 9-0 Sunday to complete a three-game sweep.

Source: http://nbcsports.msnbc.com/id/51539388/ns/sports-baseball/

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CA-BUSINESS Summary

Analysis: Euro zone bank troublespots don't come down to size

DUBLIN/LONDON (Reuters) - Though the implosion of Cyprus's bloated banking system has put other euro zone economies with outsized financial sectors such as Luxembourg and Malta in the spotlight, loan quality is the real litmus test of a country's financial stability. Attracted by low taxes, high interest rates and light regulation, foreign deposits, largely from Russia and other former Soviet states, pumped up the Cypriot banking sector to nearly eight times annual economic output, more than double the European average of around 3.5 times.

Cyprus central bank chief calls for its independence to be respected

NICOSIA (Reuters) - Cyprus's central bank governor said on Sunday he was willing to work with the government to pull the island out of its economic crisis, provided the bank's independence was respected. A rift between Governor Panicos Demetriades, appointed last May by the communist former administration, and the ruling center-right government has deepened and pressure grown on him to resign over his handling of the crisis.

Exclusive: Thermo Fisher nears $12 billion Life Tech deal

NEW YORK (Reuters) - Thermo Fisher Scientific Inc is close to buying genetic testing equipment maker Life Technologies Corp for more than $12 billion, two people familiar with the matter said on Sunday. Life Technologies' board, which met on Saturday to review three takeover offers, chose Thermo Fisher as the top bidder after the world's largest maker of laboratory equipment raised its bid on Friday to the low $70 per share range, or more than $12 billion, the people said.

Stagnant Europe the class laggard as G20 takes stock

LISBON (Reuters) - After a bungled bailout of Cyprus, the recession-stricken euro zone will stand out for the wrong reasons when finance ministers meet in Washington this week to run the rule over the global economy. China on Monday is likely to report a growth rate of 8 percent for the first quarter, according to economists polled by Reuters.

Furs fly as Chinese consumers drive boom in U.S. mink farming

CHICAGO (Reuters) - Battered by the economic downturn and years of animal rights activism in their own backyard, American mink farmers are now in a different sort of quandary: scrambling to keep up with China's demand for all things fur. Driven by a hunger for high-end clothing and luxury home goods among China's burgeoning middle class, U.S. exports of mink pelts to China jumped to a record $215.5 million last year - more than double both the value and volume shipped in 2009.

Cyprus to ease citizenship requirements, attacks EU "hypocrisy"

NICOSIA (Reuters) - Cyprus will relax requirements for citizenship, including for bank depositors who lost large amounts of money in the deal with the EU and IMF, in an effort to keep foreigners interested in investing in the island state, the president said on Sunday. Cyprus was forced to wind down one major bank and impose considerable losses on large depositors in a second bank in return for 10 billion euros in aid from the International Monetary Fund and the European Union in a move that was devastating to both Cypriots and foreign investors.

Mercedes plans new small luxury cars to rival BMW: report

BERLIN (Reuters) - German car maker Daimler plans to launch a new line of small luxury vehicles at its Mercedes-Benz division to rival premium-market leader BMW's Mini brand, Focus reported, without citing the source of the information. Stuttgart-based Daimler will position the new Mercedes models above the Smart city-car, with technology to be based on the compact A-Class, the weekly magazine said on Sunday.

French minister mulls partial stake sales in companies

PARIS (Reuters) - France's industry minister on Sunday said the French government was mulling possible cuts in the state's stakes in some partly state-owned companies in the energy and transport sectors while seeking to keep influence in their management. "It doesn't mean privatisations. But there are some companies in which we have a 36-percent stake. Could we bring that to 33 percent? What does it change? We can discuss it," Arnaud Montebourg said in an interview on France 5 television.

Glencore concessions to China expected for Xstrata deal

LONDON (Reuters) - Trader Glencore is expected to agree to concessions this week to ease Chinese worries over its grip on the supply of copper, clearing the final regulatory hurdle in its $32 billion acquisition of miner Xstrata. After months of negotiations, Glencore is expected to have agreed to yield some ground, with analysts and market sources pointing to a likely sale from among Xstrata's promising - though challenging - greenfield copper projects, which could include Las Bambas in Peru, due to begin production in 2015.

HSBC names Anshul Gupta M&A head for MENA: memo

DUBAI (Reuters) - HSBC Holdings has named Anshul Gupta as its head of mergers and acquisitions business for the Middle East and North Africa, replacing Omar Mehanna, who is taking a new role at the British bank's Saudi Arabian affiliate. Gupta, who joined HSBC in 2005, is currently a managing director in the bank's corporate sector group and will remain responsible for that coverage along with his new role, the bank said in an internal memorandum seen by Reuters.

Source: http://news.yahoo.com/ca-business-summary-035302275--finance.html

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