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Former RTP journalist to launch Netflix da Cultura at € 8.99 / month – media

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Former RTP journalist to launch Netflix da Cultura at € 8.99 / month - media

Paulo Lavadinho, who was a journalist for RTP, Rádio Renascença and the now-defunct weekly O Independente, has scheduled the launch of Canal Cultura on January 8, 2022, which is to become “cultural Netflix”, a “streaming” platform for “cultural content”. such as film, documentary, music and theater, with themed playlists, ”reveals GoParity, a co-investment fintech with social impact.

Having raised 25 thousand euros through GoParity from “455 investors”, Canal Cultura’s promoter – Letrasímpares, founded by Lavadinho in 2019 – is running a second campaign for the same amount, offering to pay off the loan on time. years at an interest rate of 4.46% per annum after a three-month grace period.

The € 25,000 raised in this round “will also be spent on the purchase of audiovisual materials and ‘live streaming’ to broadcast live content on Canal Cultura,” and the funds “will also be used to hire three people. who are leaving the Alto Alentejo region for the Cowork BC8 space in Elvas, another project created under the auspices of Letrasímpares, ”underlines GoParity.

According to the promoter’s “business plan”, Canal Cultura intends to reach 10,000 subscribers in two years, which will generate an annual gross income of over one million euros (1.079 million euros), given that the monthly payment per subscriber is 8.99 euros (including VAT 23%).

GoParity adds that the company has already managed to raise more than € 187,000 through a European fund managed by the Ministry of Cohesion – Fund + Coeso.

“The funds raised through GoParity are intended to be used as an advance, as the amount of the + Coeso fund will be disbursed in tranches from 2021 to 2023,” he explains.

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Economy

The protests in China sent Wall Street into the red. Europe falls after Lagarde speech – Markets in a minute

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European markets are in the red.  Interest on Portugal's debt hits 2.5% - Markets in a minute

Euribor climbs three, six and 12 months to new highs in nearly 14 years.

Euribor rates rose today to new highs since early 2009 in three, six and 12 months.

The six-month Euribor rate, most used in Portugal for home loans and entering positive territory on June 6, rose today to 2.436% plus 0.062 points, a new high since January 2009.

The six-month average Euribor rose from 1.596% in September to 1.997% in October.

The six-month Euribor has been negative for six years and seven months (from November 6, 2015 to June 3, 2022).

The three-month Euribor, which entered positive territory for the first time since April 2015 on July 14, also rose today, setting a new high since February 2009 at 1.954% plus 0.032 points.

The three-month Euribor was negative between 21 April 2015 and 13 July last year (seven years and two months).

The three-month average Euribor rose from 1.011% in September to 1.428% in October.

In the same sense over a 12-month period, Euribor rose today, settling at 2.892%, up 0.032 points from Friday and a new high since January 2009.

After rising to 0.005% on April 12, positive for the first time since February 5, 2016, the 12-month Euribor has been in positive territory since April 21.

The average Euribor rate for 12 months increased from 2.233% in September to 2.629% in October.

Euribor began to rise more significantly from February 4, after the European Central Bank (ECB) acknowledged that it could raise key interest rates this year due to rising inflation in the eurozone, and the trend accelerated with the onset of the Russian crisis. Invasion of Ukraine on February 24th.

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On October 27, to curb inflation, the ECB raised three key interest rates by 75 basis points, the third consecutive increase this year, after raising three interest rates by 50 basis points on July 21. growth after 11 years, and on September 8 by 75 basis points.

Changes in Euribor interest rates are closely linked to increases or decreases in ECB key interest rates.

Three-, six- and 12-month Euribor rates hit record lows respectively: -0.605% on December 14, 2021, -0.554% and -0.518% on December 20, 2021.

Euribor rates are set at the average rate at which a group of 57 eurozone banks are willing to lend money to each other in the interbank market.

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Economy

Credit Suisse loses almost a billion euros in one day – Banking and finance

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Credit Suisse CEO says employees will never return to office

Credit Suisse lost almost 1 billion Swiss francs in just one session. The market capitalization of the Zurich giant fell from 10,328.24 million Swiss francs (10,497.2 million euros at current exchange rates) to 9,369.5 million francs, down 957.85 million Swiss francs (974.42 million euros).

The bank, which is in the middle of a restructuring plan, again hit a historic low for the second consecutive session, touching 2.97 Swiss francs, meanwhile ending the day with relief, but even with a drop of 4.16% against the Swiss franc. 3.01,.

Shares have fallen for ten consecutive days, the worst losing streak since 2011, shedding 27% year-to-date (0.82%).

Credit Suisse’s stock market performance was impacted by news that its “core” business, wealth management, is losing funds and customers to competitors. In addition, the bonds were punished by the fact that the sale of guaranteed capital products to Apollo Global Management – as part of a restructuring plan – was poorly received by analysts, who criticized the lack of details about the agreement.

Also under this “strategic” plan, the bank is implementing a capital increase of 4 billion francs (4.06 billion euros), with the first operation being for institutional investors, after which the National Bank of Saudi Arabia took 9.9% of the shares. capital of the Zurich financial institution, as expected.

In addition, from this Monday until December 6, subscription rights are being negotiated for the bank’s shareholders wishing to purchase new shares in order to complete the capital increase. The bank expects to raise about 2.24 billion Swiss francs (2.27 billion euros).

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A platform for terminating telecommunications contracts already exists. See how it works – IVF

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A platform for terminating telecommunications contracts already exists.  See how it works - IVF





A platform for terminating telecommunications contracts already exists. See how it works – IVF































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