Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppGrand Bahama, Bahamas, February 4, 2017 – Grand Bahama is now in damage control mode since Memories Resort and Casino announced that it is pulling out for sure. Russell Miller, Chairman of the Grand Bahama Island Tourist Board says there are still resorts open, there are still activities for guests to engage, there are still ways for guests to get to the island and there is still tourism in the nation’s second city which suffered a catastrophic blow in Hurricane Matthew.“We are open and operational; we had some setbacks with some of our hotels under renovation but we are open and we are taking and accepting visitors.” Russell talked too about linkages of Grand Bahama via sea and air; he called scheduled ferry service from Ft Lauderdale and West Palm Beach lifelines for the island. Nine resorts were listed as opened for business including Lighthouse Pointe, Flamingo Hotel, Island Seas, Old Bahama Bay, Fortuna, Pelican Bay and Royal Islander.Airlift from 11 states will also come in a Summer travel program, actually managed by Sunwing Travel and new to Freeport, Delta with daily service from the world’s busiest airport, Heartsfield-Jackson Atlanta International, which is the hub for Delta.#MagneticMediaNews #GBTourism Related Items:#GBTourism, #magneticmedianews
Michael Jefferies, the controversial CEO of Abercrombie & Fitch, stepped down from his post on Tuesday effective immediately, marking the end of a two-decade long career that saw several ups and downs.Abercrombie & Fitch did not specify if Jeffries was asked to leave or if it was his personal decision. It, however, said that the board had started looking for a potential candidate to fill the post. Meanwhile, the board has established an Office of the Chairman, which will include Chairman Arthur Martinez, CFO Jonathan Ramsden, brand president Christos Angelides and Fran Horowitz, brand president of Hollister, that will take care of the company’s needs in the interim.”It is impossible to overstate Mike Jeffries’ extraordinary accomplishments in building Abercrombie & Fitch to the iconic status the brand now enjoys. From a standing start two decades ago, his creativity and imagination were the driving forces behind the company’s growth and success,” Martinez said in a statement.”Going forward, we are confident in our talented senior leadership team and the steps we are taking to revitalize our brands and business. We are also confident that our search will identify a new leader with the skills and expertise to enable Abercrombie & Fitch to capitalize fully on its growth opportunities and build shareholder value,” Martinez added.Jefferies said that it had been an honor to lead the extraordinarily talented group of people in the firm.”I am extremely proud of your accomplishments. I believe now is the right time for new leadership to take the Company forward in the next phase of its development,” Jefferies said.Jeffries departure is the latest shake-up in the top-level management at Abercrombie & Fitch as several investors have been displeased by the company’s recent performance and controversies.Abercrombie & Fitch has been struggling to fix its balance sheet and its reputation. Over the past few months, the company has been marred by several controversies including one where Jeffries said that the brand was “exclusionary” and, therefore, didn’t have sizes exceeding 10 or L.Experts say that news of the stepping-down doesn’t really come as a surprise and could even be good for the company’s profits and reputation. Robin Lewis of Forbes notes that though Jefferies had a hand in positioning A&F’s image and taking it to new highs, he wasn’t able to strategically adopt to the changes the brand required.”Essentially, Michael Jeffries was A&F and A&F was Michael Jeffries. Both were one. Therefore, for him to re-position the brand, would be as impossible as changing his own personality – or his DNA. And, of course, he has not been able to do so,” Lewis writes.Others say that the departure is probably a calculated decision by the company.”Clearly one of the company’s goals was to work on a succession plan. From the company’s standpoint, they’re going to continue to do what they’ve been trying to do, which is to balance change with stability,” John D. Morris, a senior retail analyst with BMO Capital Markets was quoted by The New York Times.
Shrenu Parikh as JahnaviPR HandoutRecently Star Plus unveiled the promo of their upcoming show titled Ek Bhram- Sarvagun Sampanna starring Shrenu Parikh as Jahnavi, in a completely unique concept of an antagonist Bahu as opposed to the conventional docile daughter-in-law.The show, however, is inspired by a real story of a high profile influential family, which the makers are extremely confidential about.The creators have been strictly instructed to keep the details of the family under wraps, as the reputed family fears exposing the controversial story.The makers along with the entire cast and crew have been bound by an NDA which restricts them from divulging any details on the real inspiration.A source reveals, “Ever since the promo released , the makers have received threat calls from various influential families interrogating if it is based on their lives. Though it is based on one powerful Indian family, the producers are currently unwilling to disclose details to viewers. They have signed a NDA with the cast and crew, who have been told to remain tight-lipped about the offering.”Apparently the promos of the show Ek Bhram- Sarvagun Sampanna have left the most elite families startledEver since the news came out that the show is based on a real family, which has a very high social status in India, the makers have been bombarded with queries on the family. In fact, a lot of people have called the makers enquiring if the show traces their story.While the show puts forth a very unique narrative of an wicked daughter-in-law, who surpasses levels of scrutiny to torture her family members, the makers did not anticipate that the story bears resemblance to so many influential families.Recently, the makers launched multiple promos of the show introducing the lead protagonist, Janhvi Mittal played by Shrenu Parikh. The actress has been going through a grueling preparation mentally as well as emotionally, to portray the villainous character.
Music Moguls of the Year: The Weeknd Manager Sal Slaiby Swears He’ll Be ‘The Greatest Immigrant’ Trump Ever Saw Popular on Variety Spotify expects to add between 2 million and 6 million premium subscribers in the third quarter, and hopes to reach between 120-125 million paid users by the year’s end.The company also said the audience for its podcasts — a primary target for future growth, in which is has invested hundreds of millions of dollars — has grown 50% over the first quarter of 2019.The company also attempted to calm any investor nerves about the ongoing state of negotiations. “This is the sixth round of label negotiations we’ve worked through in our 13-year history,” it noted “and, while it is typically a long drawn-out process, it has become part of the normal cadence of the business.”During the investor call, cofounder and CEO Daniel Ek pointed to Africa, Russia and South Korea as prime target markets for growth, and noted that its troubled launch in India is “growing in line with expectations.”He also said the company believes it is still “in the early stages of subscriber growth,” and pointed to projects like vertical videos and its Spotify Singles feature as “enabling artists to connect with fans in bigger ways.”The company’s total revenue for the quarter was $1.86 billion — up 31% from the same period in 2018 — of which subscription revenue made up 90.1% and $1.67 billion. Ad supported revenue for the quarter reached $184 million, up 34%. McCarthy said he expects the company’s year-over-year growth rate to “come down slightly — you can’t sustain 35% growth.”The famously money-losing company’s operating losses for the quarter were just $3.3 million, down from $104.5 million in 2018.“Our better than expected loss in the quarter was a result of higher Gross Profit and lower than expected spend across artist marketing, R&D, and G&A,” the report reads.Its important average revenue per user (ARPU) was €4.86, down around 1% from last year but 2% when calculating exchange rates. “Downward pressure on ARPU continues to moderate, and we continue to expect that ARPU declines through the remainder of the year will be in the low single digits,” the report says. In a second-quarter earnings report released today, Spotify revealed that it has topped 108 million paying subscribers — up 8 million from the previous quarter — and 232 million monthly active users.It also pointed to new agreements “two of our four major label partners on the renewal of our global sound recording licenses,” and said it is in “active discussions” with the other two. Music Business Worldwide speculated that the two labels that have renewed agreements are Sony Music and the independent label collective Merlin; a source confirmed to Variety that the company’s negotiations with Warner Music are ongoing, leaving Universal, the world’s largest music company, as the other label that has not renewed its deal.The subscription growth was below its projection, which CFO Barry McCarthy said in Wednesday morning’s investor call was attributed to a “shortfall in execution” — specifically a student promotion — “rather than a softness in the business,” and the company can make up for it. “That’s on us,” he said. Related Eminem Publisher Sues Spotify, Claiming Massive Copyright Infringement ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15