Stuart Ford's sales and production outfit already has output deals in place in Canada, Latin American and most of Europe.read more
The U.S. Senate's Permanent Subcommittee on Investigations had some tough questions for Tim Cook, CEO of computer giant Apple which stands accused of tax avoidance to the tune of billions of dollars. Questions like: "Why the hell do I have to keep updating my apps on my iPhone all the time and why you don't fix that?" That was a query from Sen. John McCain, and while Cook didn't have time to play AppleCare rep for the Arizona Republican, it wasn't the first or last time a Senator wanted to talk about his own Apple products.
Core Media Group is said to be testing the market to sell off Elvis Presley’s Graceland mansion and rights to images of Presley and Muhammad Ali. The Financial Times reports the assets could fetch over $200M. Citing people familiar with the matter, the FT says Core, which co-produces American Idol, is eyeing bidders in Asia, Europe and the States for Elvis Presley Enterprises and Muhammad Ali Enterprises. The Raine Group has been hired to advise. However, if it is not satisfied with offers, Core could retain the properties. Combined, the assets generate about $60M a year in revenues.
Europe misses out on one trillion euros in taxes each year. Little wonder its leaders are stepping up efforts to tackle fraud and aggressive tax avoidance.
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