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Source Interlink Sells CDDVD Distribution Business

first_imgWhen contacted by FOLIO: late last month, a Source representative said the company was not nearing a deal to sell Alliance. UPDATE: In a phone conversation Thursday, the representative said Source was “not actively marketing” a sale of Alliance and that the deal came about “very quickly.”Alliance Entertainment was founded in 1990 in Coral Springs, Florida and currently has distribution centers there and in Louisville, Kentucky. The company merged with Source Interlink in 2005. Source Interlink Companies has officially sold Alliance Entertainment to M&A firm Platinum Equity and the Gores Group, a Los Angeles-based private equity firm. Terms of the deal were not disclosed.Alliance is a wholesale distributor of CDs, DVDs and games to more than 14,500 locations in the U.S., including retailers like Barnes & Noble, Borders and Amazon.com. It also provides fulfillment services, among others.According to Steve Yager, a senior managing director at the Gores Group, Alliance Entertainment is a “fundamentally solid business” but also faces “substantial challenges in a rapidly changing distribution market.” Alliance will be managed by Project Panther Holding Corp., a joint venture between Platinum Equity and the Gores Group.“This transaction will allow Source Interlink to focus on the continued growth and investment in our core competencies of wholesale magazine distribution and the further integration of our enthusiast media properties across multiple platforms,” Source CEO Michael Sullivan says in a statement.last_img read more

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People Wins Four min Sales Executive of the Year Awards

first_imgPeople is the most profitable U.S. magazine and had an excellent, +5.6% ad-page advertising 2010, so it was appropriate that the magazine did very well at min’s seventh “Sales Executive of the Year” awards breakfast Thursday morning (June 2) at New York’s Grand Hyatt. Karen Kovacs, who was promoted to People publisher in December 2010, was selected “Sales Team Leader of the Year” for a single brand. Same honor went to Karin Tracy, publisher of spinoff People StyleWatch, who produced a +49.7% ad-page 2010, while Daniel Riley, group ad director for the People-flagshipped Time Inc. Style & Entertainment Group won for “Sales Team Leader”/multiple brands. Plus, People/Entertainment Weekly executive beauty director Evan Chodos was the “Salesperson of the Year”/multiple titles recipient.Also in the Time Inc. “family” was InStyle associate publisher Timothy O’Connor’s win for “Salesperson of the Year”/single title-500,000 circulation and above.For the remaining winners and the 10 executives inducted into the min Sales Executive Hall of Fame, click here.last_img read more

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FCCs Ajit Pai wont meet Congress about phonetracking scandal

first_img 7 The best PCs for privacy-minded people Don’t expect to see FCC Chairman Ajit Pai brief the House Committee on Energy and Commerce anytime soon. Alex Edelman / Getty Images Federal Communications Commission Chairman Ajit Pai won’t brief a Congressional committee Monday about mobile carriers’ ability to share their subscribers’ location data with third parties.Rep. Frank Pallone Jr., the chair of the House Committee on Energy and Commerce, sought Pai for an emergency briefing after a Motherboard investigation revealed carriers are selling customers’ location data. But the committee was told the FCC boss wouldn’t appear due to the ongoing government shutdown.”In a phone conversation today, his staff asserted that these egregious actions are not a threat to the safety of human life or property that the FCC will address during the Trump shutdown,” the New Jersey Democrat said in a statement. 22 Photos Now playing: Watch this: Stronger data privacy laws may be coming to the US 1:41 Commentscenter_img It noted that the investigation would continue once normal FCC operations resume.Sen. Ron Wyden, an Oregon Democrat who questioned last May why cops can track any phone in seconds, reportedly slammed Pai for tweeting “cat videos and tired memes” instead of briefing Congress.”It’s a new low for someone who has spent his tenure at the FCC refusing to do his job and stand up for American consumers,” Wyden said in a statement to Gizmodo.One of the third parties using the location data is credit reporting company Microbilt, which is offering to “track down delinquent debtors” via its Mobile Device Verify service.Ajit Pai on net neutrality: Congress was right not to restore the regulations, the FCC chairman says.A boost for 5G and Wi-Fi: The FCC votes to make more wireless spectrum available. FCC Privacy Security Politics Share your voice Pallone noted that Pai is still working, even though the shutdown resulted in the FCC ceasing most of its operations on Jan. 3.”There’s nothing in the law that should stop the Chairman personally from meeting about this serious threat that could allow criminals to track the location of police officers on patrol, victims of domestic abuse, or foreign adversaries to track military personnel on American soil,” he said.The FCC, however, stood firm in an emailed statement.”The Commission has been investigating wireless carriers’ handling of location information,” a spokesperson wrote. “Unfortunately, we were required to suspend that investigation earlier this month because of the lapse in funding, and pursuant to guidance from our expert attorneys, the career staff that is working on this issue are currently on furlough.” Tagslast_img read more

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Midengine Corvette new Toyotas prototype tests and more Roadshows week in review

first_img4:54 More From Roadshow 2020 Chevy Silverado Diesel first drive: A smooth and torquey operator 2020 Toyota Tacoma gets a new face, tech Top newsLittle red Corvette: Chevy’s new, mid-engine C8 Corvette is finally, finally here. It’s a bargain, too: Even more amazing than the new Corvette’s performance is the fact that it’ll start around $60,000 when it goes on sale later this year.Solar Sonata: Hyundai’s swoopy new sedan gets a hybrid version complete with solar panels on its roof.Electric ‘Slade: New reports suggest Cadillac’s next Escalade SUV could be offered with a electric powertrain.Super-efficient Silverado: Chevy confirms its diesel-powered Silverado 1500 is the most fuel-efficient fullsize pickup in the US.Lotus flowers: Say hello to the 2020 Evora GT, the company’s latest US offering.Kia wants a truck: A report out of Australia suggests Korean automaker Kia might launch a small pickup in 2022 or 2023. 2019 Chevy Silverado 2.7T review: Turbo tradeoffs Now playing: Watch this: 2020 BMW 2 Series Gran Coupe PrototypeBMW’s new 2 Series sedan — or Gran Coupe, in the company’s parlance — will make its debut at the Los Angeles Auto Show in November. Ahead of that premiere, we take a spin in a colorful, camouflaged prototype in Germany to see if the 2GC’s front-wheel-drive platform hinders its performance. Spoiler alert: it doesn’t.Click here to read our 2020 BMW 2 Series Gran Coupe prototype first-drive review. Post a comment 0 The best trucks for towing 32 Photos Now playing: Watch this: 73 Photos 6:29 2019 Honda CR-VHonda’s new CR-V is a couple years old, but it’s still a top contender in the compact SUV class. It offers solid driving dynamics, great infotainment tech, and a usable and refined interior.Click here to read our 2019 Honda CR-V in-depth review. 2020 VW Atlas Cross Sport goes to Death Valley Tags 2:24 2020 Toyota TacomaOK, so maybe the Toyota Tacoma isn’t the freshest truck on the block. We still love it for its rugged capability and handsome good looks. For 2020, Toyota gives the Tacoma a big infotainment and driver assistance tech upgrade, and we test the truck’s off-road prowess on the trails of Colorado and Utah. We even take the updated 2020 Toyota 4Runner SUV for a spin, as well.Click here to read our 2020 Toyota Tacoma first drive review.center_img NASA astronaut Scott Kelly on Corvettes, manual transmissions… 55 Photos 2020 VW Atlas Cross Sport in the desertVolkswagen will introduce a five-passenger version of its Atlas SUV next year. Ahead of that, we tag along while VW engineers complete hot-weather testing of the new SUV in California’s Death Valley. Click here to read the full story. 2020 Chevrolet Corvette blends the new and the familiar Top videos Share your voice Astronaut Scott Kelly talks CorvettesIs there really any comparison to launching a car and launching a rocket? Former NASA astronaut Scott Kelly says yes, and he sat down with editor-in-chief Tim Stevens to explain.Click here to read the full story. 2019 Audi RS5 SportbackThe Audi RS5 Sportback is an amazing car. In fact, its only flaw might be that it doesn’t have any. Is this four-door sports car too good for its own good? Associate editor Andrew Krok explains.Click here to read the full story. 2019 Audi RS5 Sportback is a goody two-shoes 22 Photos Roadshow 2019 Honda CR-V: A can’t-miss small SUV option The 2020 BMW 2 Series Gran Coupe hides in plain sight 2020 Toyota 4Runner first drive: Same as it ever was — mostly 33 Photos Enlarge ImageAll eyes are on Chevy’s mid-engine C8 Corvette. Steve Fecht/Chevrolet Welcome to Roadshow’s week in review, where we take a look back at the biggest stories from the past seven days. While Chevy’s new mid-engine Corvette technically debuted last week, we’ve had plenty of followup information to report, and it’s proved to be one of the hottest items from the past seven days. Toyota’s new Tacoma and 4Runner kicked off a week of hot reviews, and we drove a pair of prototypes previewing some soon-to-be-revealed new cars.Here’s a look at our most important stories from July 21 to 27, 2019.Top reviews Now playing: Watch this: BMW Cadillac Chevrolet Honda Toyotalast_img read more

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Quader finds BNP manifesto joke of the year

first_imgBangladesh Awami League general secretary Obaidul Quader. File PhotoDescribing BNP’s election manifesto as a colourful balloon full of unrealistic pledges, Awami League general secretary Obaidul Quader on Tuesday said it will implode immediately if the party comes to power, reports UNB.”BNP has presented some unrealistic and weird promises which can’t be fulfilled,” he said, describing the election manifesto as the best joke of the year.The AL leader came up with the remarks while talking to reporters at a restaurant by the Dhaka-Chattogram highway in Chouddagram upazila of the district.BNP rolled out its manifesto for the 11th parliamentary elections on Tuesday with a set of promises, including making democracy an everyday practice, building a vengeance -free Bangladesh and raising GDP growth to 11 percent.last_img read more

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Be a good human being to be a good physician Bhutanese PM

first_imgBhutanese prime minister Lotay Tshering with his old friends at Mymensingh Medical College on Sunday. Photo: Anowar HossainBhutanese prime minister Lotay Tshering, who was a student of Mymensingh Medical College, on Sunday said one has to be a good human being for becoming a good physician.”I’ve entered politics without discarding my uniform. I thought about the people of Bhutan and worked for them from 2013 to 2018 without doing any job and going abroad. Today, I’m the prime minister of that country,” he said.The Bhutanese prime minister was addressing a special reception accorded to him by Mymensingh Medical College at its auditorium.Going down the memory lane, Lotay Tshering said he along with his classmate and current Bhutanese foreign affairs minister Tandi Dorji stayed at room No-20 of Baghmara College Hostel in the district town from 1991 to 1999. “We’re now doing politics together. There’s no rift between us during this long period. Today, I’m the prime minister because of him. He made me the prime minister.”Bhutanese prime minister Lotay Tshering passes time with his classmates. He also exchanges greetings with them. Photo: Anowar HossainHe also underscored the need for forgetting all the differences to take the country forward.The Bhutanese prime minister turned emotional recalling various incidents of his student life at the medical college.Earlier, students of the medical college welcomed him when he arrived in Mymensingh by a helicopter.Lotay Tshering later visited the surgery ward of Mymensingh Medical College Hospital.A 28th batch student, Lotay Tshering enrolled in Mymensingh Medical College in 1991 for pursuing MBBS. On completion of the MBBS degree, he did FCPS in Dhaka.Lotay Tshering entered politics in 2013 and became the prime minister of Bhutan on 7 November last year after his party won the election.This was his first visit to Bangladesh after becoming the prime minister.last_img read more

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Trump admin suspends educational programs for migrant children

first_imgUS president Donald Trump. File photoThe Trump administration is suspending educational, legal and recreational programs for migrant children in its custody, saying an influx of children crossing the border without a parent or legal guardian was putting a “tremendous strain” on the resources of the agency tasked with housing them.The agency that houses migrant children – the Office of Refugee Resettlement (ORR) – asked Congress for an additional $2.88 billion to increase shelter capacity, HHS spokeswoman Evelyn Stauffer said on Wednesday. ORR is part of the Department of Health and Human Services.ORR has instructed providers in its network to begin scaling back or stop providing services “that are not directly necessary for the protection of life and safety,” Stauffer said.On May 30, HHS official Mark Boss sent an email to providers in ORR’s network of shelters informing them costs budgeted for educational and recreational activities, including staff associated with those programs, were “unallowable costs” for any federal funds received after May 22.The email, which was seen by Reuters, was first reported by Reveal at the Center for Investigative Reporting.Border agents apprehended 11,507 unaccompanied children on the southwest border in May, an 80% increase from a year earlier, according to government data released on Wednesday.ORR’s system of shelters is currently running at 96% capacity, according to a HHS official who declined to be named because they were not authorized to speak publicly about the program.The provision of recreational and educational activities, such as English language lessons and sports, are required by a long-standing legal settlement, known as the Flores settlement, that lays out conditions under which migrant children can be kept.”If this administration goes forward with denying education, recreation and other unspecified ‘non-essential services’ they would be in flagrant violation of the Flores settlement and will face immediate legal action,” said Neha Desai, Director for Immigration at the National Center for Youth Law in Oakland and a Flores co-counsel.The Trump administration has repeatedly called on Congress to enact regulations that would override the settlement. It is also working on regulations on the length of time and conditions in which children can be detained.Congresswoman Rosa DeLaura from Connecticut, who chairs the House committee negotiating with ORR on supplemental funding, said in a statement that the Trump administration could not be given a blank check “when time and again it has failed to show it has these childrens’ best interests at heart.”Last week, the US Citizenship and Immigration Services (USCIS) placed limits on special legal protections for some migrant children who turn 18 or reunite with a parent or guardian before they file their asylum application.In a policy memo to all asylum officers dated May 31, USCIS official John Lafferty also empowered officials to request additional documents if they suspect an applicant is over 18 years old when they file their asylum application.last_img read more

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Tariff Dispute With China Presents Potential Problems For Texas Farmers And Ranchers

first_img Share President Trump’s tariff dispute with China could give troubles to Texas farmers and ranchers. Texas Farm Bureau president Russell Boening said Chinese tariffs on everything from beef to soybeans to cotton will lower demand for Texas products, forcing producers to lower their prices.  “The amount of product that the state exports to China along with the rest of the country is quite extensive. It’s going to have a negative effect on prices. There’s no doubt about it,” explained Boening.He hopes the Chinese threat of tariffs forces the United States to negotiate a deal to avoid them.last_img read more

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HPD Urges Public To Have A Plan To Safely Return Home After

first_img Share Captain Kenneth Campbell, of HPD’s Traffic Enforcement Division (center), speaks at a media briefing on DWI enforcement during the 4th of July enforcement period that was held at HPD’s headquarters on July 3rd, 2018.The Houston Police Department (HPD) is urging Houstonians and visitors to have a plan to return safely to their homes or hotels after they attend Fourth of July celebrations on Wednesday.Captain Kenneth Campbell, of HPD’s Traffic Enforcement Division, noted during a media briefing held Tuesday that both taxi cabs, as well as driving services such as Uber and Lyft, are good options to make such plans. Having a designated driver is also a good alternative.“Go ahead and have that plan because we don’t want you to become a statistic and be in a fatal crash and we don’t want you to create a statistic by becoming another DWI arrested individual within our city,” emphasized Campbell, who noted that in 2017 during the Fourth of July “enforcement period”, HPD worked on more than nine fatality crashes and made more than 250 DWI arrests, 65 of which involved a crash.Sean Teare, chief of the Vehicular Crimes Division at the Harris County District Attorney’s Office, underlined on his part that being involved in a DWI has serious consequences, such as having to pay thousands of dollars in fines and losing your driver’s license, as well as having a conviction on your record.At a state level, the Texas Department of Public Safety (DPS) on Tuesday stepped up patrols with troopers on the lookout for intoxicated drivers, vehicles speeding, failure to use seat belts and other violations. Texas law requires everyone in a vehicle to buckle up.During the Fourth of July enforcement period in 2017, Texas troopers issued more than 98,000 tickets and warnings, including 1,658 seat belt and child safety restraint citations.HPD, @AAATexas Remind Motorists Don’t Get “Popped” on July 4th for DWI https://t.co/fvOObnz2cD— Houston Police (@houstonpolice) July 3, 2018last_img read more

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Chia your daily dose of happiness

first_imgDepression has not been taken with much seriousness for long, due to social stigma or lack of awareness and diagnosis but is now an acknowledged malady that affects growing numbers of people across the world. In a mental health survey released by the National Institute of Mental Health and Neurosciences, one in every 20 Indians suffers from some form of depression. Not just that, as a country India was ranked 122nd in World Happiness Report released last month. If more evidence were needed, the UN has declared Depression as the theme of World Health Day 2017. Also Read – Add new books to your shelfDepression can be due to various reasons ranging from endogenic to environmental causes. Sometimes environmental situations can trigger a genetic predisposition and cause the onset of depression. However, there is now growing agreement that food plays a significant role in brain chemistry. A good food selection with the right quantities and combinations of food groups helps in better wellness resulting in effective ability to handle and recover from stresses. Being happy goes hand in hand with optimum cognitive performance, and although one cannot alter the environmental stress one is exposed to, consistent low-intensity stresses of day to day life is often a challenge experienced by all. However, right foods prevent the onset of depression or help alleviate depression. Also Read – Over 2 hours screen time daily will make your kids impulsive According to growing consensus in the scientific and nutrition community, Omega-3 fats are an effective nutrient in our diet that provides adequate protection against depression. Foods rich in omega-3 are fish and a few plant produce. Chia is one of the richest sources of plant based omega-3 fats for vegetarians. Omega-3 fats have shown a positive role in improving mood in people suffering from depression. It is estimated that some cultures who have been consuming foods such as Chia as part of their regular diet do better than others in mental health. Chia is an ancient grain and was an essential part of the Aztec culture with a presence in their religious practices, daily food and special foods as well as food for the ancient Aztec warriors. Over the centuries, witnessing many a military invasion, the crop lost its presence and was revived only in the recent past. Chia seeds occurs in nature in black, mottled and white forms with white seeds having an edge over the rest. Due to its high import costs, superfoods have been inaccessible to a majority of consumers in India, leave alone the common man. However all that may be about to change.India’s premier nutrition research development organisation, Central Food Technology Research Institute, has developing agro-technologies to grow superfoods in Indian conditions, and as a pilot programme provided Chia seeds for free to Indian farmers. CFTRI has developed blue flower, white seed Chia lines which blend seamlessly into foods, which have a better market globally. Farmers from across the nation have benefited with better incomes due to the seeds they received and cultivated with CFTRI agro-technology.Chia seeds do not require post-harvest processing and can be directly consumed after cleaning. It is highly versatile and can be consumed by adding to our daily foods. Chia upon adding to water becomes a gel that is easy to drink. One can add about 3-gram Chia to a glass of water and allow the water to rest for about 10 minutes; the seeds form a transparent gel that can be easily consumed. Seeds can blend well in into fruit juices, smoothies, shakes, buttermilk, puddings and bakery products like bread and cakes. The neutral taste of the seed helps in seamless blending into all food products. On an average, an adult needs about 1-1.6 gram of omega-3 fat daily and that can be met by simply having 1 teaspoon of chia seeds dissolved in water or in any other form.One of the main focus of CFTRI’s work on superfoods like Chia is to make it easily available and affordable to Indians at large so that it can gain the currency of a stable like a dal or pulses of everyday use. (Courtesy: Prof. Ram Rajasekharan)last_img read more

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