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Coronavirus: AEG concert promoters make significant layoffs

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Coronavirus: AEG concert promoters make significant layoffs

AEG Worldwide, the holding company of the second largest concert promoter in America, will significantly cut staff because of the economic impact of the COVID-19 pandemic.

In a company-wide memo sent to employees Monday and obtained by The Times, Chief Executive Dan Beckerman wrote, “This global pandemic has disrupted everyone’s lives, and shelter orders, while being critical to leveling curves, have dealt with devastating blows for our business. It is clear now that live events with fans will not continue for months and possibly not until around 2021, so we are faced with no easy choice.

The cut, according to the memo, will include a combination of layoffs, leave and salary reduction that will take place July 1.

“We have taken extreme steps to cut costs and keep jobs. We instituted a 20% reduction in overall salaries, we drastically cut costs and we eliminated all unnecessary projects, investments and capital expenditures, “Beckerman said. “But we have never experienced a time like this, where our operations stopped completely because the power was out of our control.

“Our business was the first to be closed,” he continued, referring to the postponement of state-mandated meetings, including tours for Justin Bieber and Billie Eilish, “and unfortunately will be the last to reopen, despite the drastic actions we took to avoid staff reductions. , unfortunately it’s clear that this step cannot be avoided. “

Chief Executive of AEG and Beckerman.

(Brian van der Brug / Los Angeles Times)

Sources in AEG Presents who are aware of the plan say that the exact amount and scope of deductions are still being finalized and that they cannot provide exact figures.

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The LA-based company, founded by Denver billionaire Philip Anschutz (with an estimated value of close to $ 12 billion), has nearly 30,000 full-time and part-time employees and has a number of well-known places, including the Staples Center in downtown LA and the Dignity Health Sports Park in Carson. The company also has L.A. Kings and one third of L.A. Lakers.

Until COVID-19, the concert business was running fast, according to industry analysts at Pollstar, who had projected direct income of $ 12.2 billion this year. While AEG Presents has not yet made an official announcement about the fate of the Coachella Valley Music & Arts Festival, which is rescheduled for October, some industry experts hope to proceed as planned this year.

“Until all this shakes, you never know where it will land,” said one source within the company, because the person was not authorized to discuss the plan. “We don’t have revenue dollars in 3 1/2 months, and we do everything we can to keep the company intact. [Other firms] all did this two months ago, and we last as long as possible. The unfortunate part is that no one knows when we will return. “

The source stressed that laid off workers would receive a competitive severance package and that workers who were still on leave would continue to receive health insurance.

The cuts will affect all AEG Worldwide divisions, not just the AEG Presents specifically the concert, which is the holding company of promoter Coachella Goldenvoice. Representatives for AEG Worldwide, which include sports, facilities and real estate divisions, confirmed plans for staff cuts throughout the company but would not specify exact figures.

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Specifically regarding his concert business, Jay Marciano, chief executive of AEG Presents, said in his own company’s memo Monday, “Today’s e-mail is the most difficult I have ever written.”

“I think it is no exaggeration to say that, just a few months ago, no one in our business or any business can predict where we will be today,” he added. “The world has changed with an impact and scope that is impossible to understand. I wish I could tell you when it will be safe to reopen. At present, it seems that large-scale events – the core of our business – will be the last to reopen. ”

Live Nation, the country’s biggest promoter and main rival to AEG Presents, announced in April that it had lost 20% of its staff, along with a 50% salary cut for executives. Chief Executive Michael Rapino turned down salaries for the remainder of the leave period. Talented agents such as WME and Paradigm announced deep cuts to staff this spring due to the impact of COVID-19.

While the reopening policy varies from state to state, the return of large gatherings such as concerts will be in the final stages of Gavin Newsom’s four-step reopening plan for California.

“I want to go home one thing: no one feels responsible, that they can do something different, or that they can be better prepared,” Marciano wrote in his memoir. “I know this might sound obvious, but in the coming days and weeks please remember, this is not your fault.”

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The beginning of Part 1 will arrive in Portuguese in MANGA Plus – JBox

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Imagem: O próprio Chainsaw Man.

past too it’s a spade! From July 13 first 3 chapters from the first part Chainsaw will be available from translation into Portuguese No MANGAPlusfree app to read manga from Shueisha.

Apparently, not all 97 chapters of this first phase will be available, but only these first 3. The series will also not be split into two parts on the website/app. Even if it is a new phase, it will be published as usual. on the page of the man with the chainsawso the first chapter of part 2 will be #98.

Translation and editing work done comediansalso responsible for other platform projects with pt-br version (cases One piece, spy x family, Tokyo Ghoul Re e Jiu-Jitsu Kaisen). The information came from a project manager for a company in Brazil.

Unfortunately, the series is not among those that can be read completely free in english app — so even with the most recent readings, fans will have to resort to printed versions or alternative means to learn about the entire series. MANGA Plus does not allow, at least for now, subscriptions for fans in Brazil.

It is worth remembering that the second part of the manga, which will begin July 13, will also be available in Portuguese. Until the long-awaited sequel, Tatsuki Fujimoto launched one-shots on the Shueisha platform look back e Goodbye Eriin addition to working with mangaka Toda Oto (To take off the flash).

Story Chainsaw approaches Denji, a poor man capable of anything for money, even hunting demons with his dog, Honor. He is an ordinary boy mired in debt, but one day everything changes when he is betrayed by a man he trusted. Now possessing demonic powers, Denji becomes the Chainsaw Man (“The Chainsaw Man”).

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Fujimoto first part in Shonen jump from 2018 to December 2020, 11 volumes have been compiled to date. OUR Panini publishes manga in Brazil – check out our review first volume.

The work will be adapted into anime by the MAPPA studio and will have watching and duplicating Crunchyroll.


Source: Robert Rodriguez

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Portuguese missionary denounces ‘daily persecution and massacre’ in Congo

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Portuguese missionary denounces 'daily persecution and massacre' in Congo

“There are persecutions and massacres every day” in the Democratic Republic of the Congo (DRC), and the international community turns a blind eye to this, says Father Marcelo de Oliveira, a Portuguese missionary in the African country.

The chief administrator of Komboni Province Missionaries in the Democratic Republic of the Congo speaks in an interview Renaissancethat attacks are permanent in an area of ​​the country where “cobalt is a source of wealth.”

“There are persecutions and massacres every day, there are people who are tortured, people who are forced to leave their homes and forced to flee,” condemns a priest who has lived in the Democratic Republic of the Congo for 15 years.

The eastern provinces of the DRC, notably North Kivu and neighboring Ituri, have “lived for decades in a state of constant instability due to the presence of various armed groups.

Born in Mortagua, Viseu district, the missionary says that in the Congo “no one escapes persecution.” “Catholics, Protestants and sects are treated equally”, given that “the religious question does not affect the situation at all”.

The priest says that “the Church is being persecuted, but to be a Christian means to be persecuted.” “The Catholic Church, which has great weight in public life, which has a large number of Catholics, which, by vocation, denounces, tells the truth and strives to defend the rights of the people, of course, is not appreciated by the simple,” he emphasizes.

The world “crossed its arms” on the problems in Africa

The priest admits that the President of the Democratic Republic of the Congo, Felix Tshisekedi, is ready to fight corruption, but says that, on the one hand, the government is involved in the situation, and on the other hand, it is powerless to resolve it.

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“The complicity is there to keep getting what they get from the stuff they sell and ship out of the country anyway,” he explains.

On the other hand, Marcelo’s father accuses the international community of doing nothing for the suffering people of the Congo and trying to “keep capitalizing on the wealth of the country” by sending “weapons to be able to keep up the unrest and thus keep on stealing easily” . .

“The Congo is a very rich country, and it is a bit strange that such a rich country is at the same time so poor. There is gold, diamonds, copper, cobalt, soil that could give twice a year, it’s hard to understand,” the missionary laments, and then accuses: “there are interests from outside (the international community) to be able to continue to benefit from everything rich, and so they keep sending weapons to keep the mess going and thus easily keep stealing.”

The missionary ensures that “when there is a problem in Africa, everyone folds their hands” and gives an example of the reluctance to find a cure for malaria, which “kills a huge number of people every day”, and now with Covid-19. 19 pandemic “the whole world plunged into disaster.”

The priest assures that “there are more people who die in Africa from malaria than those who die from Covid”, and rhetorically asks: “Who created a medicine to treat poor Africans? The problem of malaria after all this time?”

Marcelo’s father replies, “No one, it doesn’t matter, it doesn’t matter. Since we cannot profit from what we do, it is not important to make medicine, it is not important to help a country that will not repay us, ”he laments.

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Pope ‘deeply wishes’ to visit Congo

In this interview with RenaissanceFather Marcelo Oliveira assures that “the population still expects that soon” the Pope will visit the Democratic Republic of the Congo.

He believes that “for people living in conditions of constant attacks, persecution, the visit of the Pope would be a moment of encouragement.”

First of all, because Francis planned a visit to the city of Goma in the eastern part of the country, “where he will be with some victims of violence, and, of course, these people may be a little disappointed.”

“However, the population continues to expect that he will be able to come to us soon,” he assures.

The priest confirms that the Pope “deeply desires to be and come” to the Congo to “know the reality” and acknowledges that “the celebration planned for this Sunday with the Congolese community at St. Parolina in Kinshasa “is a sign of such a will.”

“The Pope deeply desires to be and come, because I believe he has heard so much about the reality of the suffering of the Congolese people, and therefore he has a deep desire to be able to come,” he assures.

Francis’ trip to South Sudan and the Congo, scheduled for July 2-7, has been rescheduled for a new date to be fixed due to the Pope’s health.

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Wabi2b enters the Portuguese market to revolutionize commerce

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Wabi2b enters the Portuguese market to revolutionize commerce

BUT Wabi2b, a digital ecosystem that helps digitize and modernize brick-and-mortar commerce, has entered the European market with Portugal. The goal is to “revolutionize traditional retail and the HORECA channel” by allowing distributors and Cash & Carries to sell directly to traditional retailers in Portugal.

The company’s statement explains that the Wabi2b online store allows retailers to access multiple suppliers in the same store, view their entire portfolio of products, compare prices, place all their orders at the same time, and use the platform. exclusive promotions and discounts.

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From the supplier’s point of view, Wabi2b gives you the opportunity to choose the geographical area of ​​sales, the cost and minimum cost of delivery, the portfolio of products they represent, prices and deliveries, and the order payment procedure.

According to Wabi2b Portugal CEO Hugo Duarte, “The Wabi2b ecosystem is set to revolutionize traditional trading and business management practices. With this platform, consumer goods companies, suppliers and point of sale will connect for the first time in a single digital environment whose transactions will be carried out, which will reduce costs, waste, increase transparency, facilitate inventory control and better understand the business. performance”.

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In this first phase, Wabi2b already has over 1,700 registered stores in Lisbon, and in June it also launched in Porto.

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