Croatia’s Mate Rimac up for World Entrepreneur of the year award in Monaco
Rimac Automobili CEO Mate Rimac is in the running for the prestigious prize. Croatian entrepreneur is one of over 50 of the most successful business leaders in the world nominated for the EY World Entrepreneur of the Year award which will be named at a ceremony in Monaco. Rimac recently unveiled his company’s latest hypercar, the Rimac C_Two, and also announced plans for an investment in a new factory to be built in China with their partners. He named Croatia’s entrepreneur of the year earlier this year. EY Entrepreneur Of The Year™ is now in its 18th year. It honours the world’s leading entreprenuers in more than 145 cities in over 50 countries. The overall winner is chosen by an independent judging panel, with the award given on the basis of a number of factors including entrepreneurial spirit, financial performance and innovation. Last year’s winner was Canadian Murad Al-Katib, chief executive of AGT Food and Ingredients, a company that supplies around a quarter of the world’s lentils.
CineStar 4DXTM Mall of Split wins prestigious ICTA Award in Barcelona
Blitz-CineStar’s new CineStar 4DXTM Mall of Split multiplex cinema, which opened at the end of 2017, won the “Best New Build Cinema of the Year” ICTA award at the ceremony in Barcelona. Cinestar 4DXTM Mall of Split is the second CineStar cinema in the city of Split, and the largest in the entire region of Dalmatia, with its 9 screens, 1,386 seats, the unique eXtreme screen and a revolutionary 4DXTM screen. The 2018 award winners in three categories were honoured during ICTA’s award ceremony in Barcelona, on the eve of the start of CineEurope 2018 – European key convention for the cinema industry. The winners of ICTA awards are technological and innovation leaders in the European cinema industry, selected by the numerous ICTA members. CineStar 4DXTM Mall of Split received the “Best New Build Cinema of the Year” award, which was received by Jadranka Islamovic, CEO and Member of the Board, Hrvoje Krstulovic, Member of the Board, Branka Krstulović, VP, Marketing and Promotion, and Juliane Kieft, representative of CineStar Kieft group. ICTA is an international network of professionals from technology-related areas of the cinema industry. Its members are leading manufacturers, as well as distributors and service companies, on the cutting edge of the innovative cinema technologies. The winners of the other two ICTA awards are Zoo Palast Berlin, Germany as Classic Cinema of the Year, and Village World @ The Mall Athens, Greece as Best Cinema Refurbishment of the Year.
EU votes for copyright law that would make internet a ‘tool for control’
A European parliament committee has voted for legislation that internet pioneers fear will turn the web into “a tool for surveillance and control”. In a key vote on a draft law to overhaul EU copyright rules, the parliament’s legal affairs committee voted for measures that would require the likes of Google and Microsoft to install filters to prevent users from uploading copyrighted materials. The plans still have to be agreed with representatives from the EU’s 28 governments before becoming law, but the vote reduces the chances of serious changes. Opponents of the law vowed to fight on when the legislation comes before all MEPs for a final vote. First proposed by the European commission in 2016, the law attempts to update EU copyright laws for the age of Facebook and Google, with the aim of ensuring that authors, artists and journalists are “paid fairly” for their work. Critics fear the measures would stifle freedom of expression by curtailing internet users’ ability to share content. Some lawmakers say even memes would be affected, as users would be required to take their own meme photos and give permission for others to use them. One of the most controversial provisions, article 13, would require platforms, such as Google and Microsoft, to install filters. It leaves us time to see if the law passes and what will people need to do to adapt to it.
Disney counter-punches with $71.3 billion bid for Fox’s crown jewels
The bidding war between Disney and Comcast is heating up. Disney announced a new agreement to acquire entertainment assets from 21st Century Fox, upping its offer to $71.3 billion. Disney’s bid comes over the top of Comcast, which offered $65 billion just a week before for the pieces that Fox is looking to sell, which include its movie and TV production businesses, cable TV channels including FX and National Geographic, and two major international TV distributors, Sky in Europe and Star in India. In December, Disney stepped up with an offer worth $52 billion in stock, which is viewed as a way to avoid a large tax charge. Robert Iger, CEO of The Walt Disney Company, said in a statement that the company wants Fox’s assets to help it expand globally and create direct-to-consumer services, which newer entrants Netflix and Amazon already offer. Disney had previously made its bid in the form of Disney stock, while Comcast had offered cash. Disney’s newest offer allows Fox shareholders to choose stock or cash, a move that could help convince Fox shareholders to favor its bid — and help avoid potential problems around media ownership regulations. The bidding war highlights the urgency with which Comcast and Disney are trying to add to their content libraries and expand their international reach. Both companies would benefit from Fox’s content and distribution assets, each of which are seen by media analysts as necessary to compete for consumers who are turning away from traditional media channels in favor of the on-demand offerings of tech companies.