Popular on Variety Disney Earnings Miss the Mark, Stock Slides Disney to Offer Streaming Bundle of Disney Plus, ESPN Plus and Hulu for $12.99 “I’ve been really impressed with the quality and the variety and the volume” of original production for Disney Plus, Iger said.Iger also emphasized Disney’s flexibility with the content it creates. The FX team may produce an original series for Hulu that will have a second window down the road on FX.Iger acknowledged that the company faces a “balancing act” in the near term as it weighs how much to invest in its new direct-to-consumer businesses and how much it needs to maintain its traditional linear TV operations including ABC, Freeform and FX.“It is important for us to continue to fuel those channels with enough quality and original programming to support these businesses as they exist today,” Iger said. At the same time, “the pivot to direct to consumer businesses is designed not only to address the opportunity that exists in that space but also address the challenges that exist on the traditional side.”Iger added that Disney is in the midst of “setting ourselves up in a way to be more resilient than any of our competitors should the traditional side erode so significantly that it is not as viable as it was.” Iger said consumer marketing for Disney Plus will start to emerge later this month. On the tech side, the Disney Plus team is devoting considerable energy to making it easy for prospective subscribers to sign up. “We know how important it is to create a friction-less experience,” he said.Disney’s investment in its budding streaming services is only growing. Disney chief financial officer Christine McCarthy told analysts that the company’s Direct-to-Consumer and International divisions are projecting an operating loss of $900 million in the fiscal fourth quarter, up from $553 million loss in Q3 and up from a loss of about $370 million in fiscal Q4 2018.The Hulu venture is now entirely on Disney’s books, which contributed to Disney’s widening loss in Direct to Consumer and International. Iger said Hulu’s subscriber base stands at 28 million. The Hulu Live digital MVPD service grew faster than any of its digital rivals in the quarter, McCarthy said.In discussing the Q3 results, Iger emphasized the complexity of the 21st Century Fox integration and the need to invest as Disney makes significant shifts in its business priorities as it bets on streaming as the future of content distribution. Despite disappointing numbers from 21st Century Fox legacy units, including the Star TV satellite platform in India, Iger stressed that the company remains bullish on the $71.3 billion Fox deal.“Our appreciation of the long-term value that we can create has increased,” Iger said.Disney Plus will launch with more than 300 movie titles on day one, growing to 400 by the end of its first year. The tall includes eight “Star Wars” pics, four from Marvel plus eight more by the end of year one, 18 Pixar-produced features, 70 from the Disney animation vault and some 7,500 episodes of television. Iger said the Disney Plus originals are coming in strong. He’s watched the first season of “The Mandalorian,” the “Star Wars”-themed live-action series. Disney disclosed Tuesday that it will offer a streaming bundle of Disney Plus, ESPN Plus and the advertising-supported version of Hulu for $12.99 a month.The bundle of Disney direct-to-consumer properties will be available for purchase on Nov. 12, the day that the ambitious Disney Plus service is set to bow in the U.S.Disney chief Bob Iger revealed the plan for the bundle during Disney’s quarterly earnings call with Wall Street analysts. Disney’s fiscal second quarter numbers came in below expectations, a shortfall Disney chalked up to lower than expected performances by key divisions of 21st Century Fox, which Disney formally acquired in March.“Nothing is more important to us than getting this right,” Iger said of Disney’s aggressive move into direct-to-consumer streaming.Iger also disclosed that Disney is in talks with Apple, Amazon and Google to distribute Disney Plus and presumably the newly disclosed bundle on their platforms. “We think it’s important to achieve scale relatively quickly and they’ll be an important part of that.” Related ×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
Aerial photo of the San Andreas Fault in the Carrizo Plain, northwest of Los Angeles. Credit: Wikipedia. Citation: Researchers replicate supershear earthquakes in the lab (2013, June 7) retrieved 18 August 2019 from https://phys.org/news/2013-06-replicate-supershear-earthquakes-lab.html (Phys.org) —A team of geology researchers working in France has for the first time recreated the conditions in a lab that lead to a phenomenon known as a supershear earthquake. In their paper published in the journal Science, the researchers describe how they found that compressing granite under certain conditions caused ruptures to propagate faster than shear waves leading to an observable supershear event. Explore further Earthquake acoustics offer hint that a tsunami is imminent, researchers find More information: From Sub-Rayleigh to Supershear Ruptures During Stick-Slip Experiments on Crustal Rocks, Science 7 June 2013: Vol. 340 no. 6137 pp. 1208-1211 DOI: 10.1126/science.1235637ABSTRACTSupershear earthquake ruptures propagate faster than the shear wave velocity. Although there is evidence that this occurs in nature, it has not been experimentally demonstrated with the use of crustal rocks. We performed stick-slip experiments with Westerly granite under controlled upper-crustal stress conditions. Supershear ruptures systematically occur when the normal stress exceeds 43 megapascals (MPa) with resulting stress drops on the order of 3 to 25 MPa, comparable to the stress drops inferred by seismology for crustal earthquakes. In our experiments, the sub-Rayleigh–to–supershear transition length is a few centimeters at most, suggesting that the rupture of asperities along a fault may propagate locally at supershear velocities. In turn, these sudden accelerations and decelerations could play an important role in the generation of high-frequency radiation and the overall rupture-energy budget. In a “normal” earthquake, seismic waves are generated as a result of faults in the Earth’s crust that rupture. At the same time, deep within the Earth, shear waves are generated that also propagate but are not felt on the surface. Shear waves tend to move much faster than seismic waves. Sometimes, though, in very rare instances, seismic waves gain a boost in speed and wind up propagating faster than sheer waves. The result is what geologists call a sonic-boom type of earthquake that can be far worse than its magnitude would indicate. Supershear earthquakes have been recorded occurring in nature just a few times, but until now have never been reproduced in the lab.To recreate the special conditions that lead to a supershear earthquake, the researchers subjected slabs of granite to very high pressure—pushing them together while also applying sideways pressure until they slipped against one another—releasing a wave of energy. It’s the same type of experiment used to study various types of earthquake conditions. In this instance, the researchers replicated the experiment 200 times—each time taking careful measurements with acoustic sensors. The team found that by manipulating the pressure exerted they could induce supershear like conditions. Their experiment was the first ever to succeed in recreating a supershear earthquake-like event in the lab. More importantly, it also shows that supershear earthquakes can occur at a much smaller level than researchers had believed. This means, they say, that such earthquakes should be able to occur much more often in the real world.The results obtained by the researchers aren’t a sign that people should worry, however, because it’s quite possible that the conditions in the lab were optimal for the creation of supershear earthquakes, most specifically the presence of smooth even granite surfaces—this is generally not the case in nature, and likely why they occur so seldom in the real world. The researchers suggest it’s possible that many supershear earthquakes happen in nature, but we don’t know about them because they occur in sections of faults that don’t move. © 2013 Phys.org Journal information: Science This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
Register Now » The events industry is growing all around the world. According to Meeting Professionals International, events contribute $115 billion to the United States gross domestic product (GDP), with subsequent billions funneled to both state and federal tax revenue.The event industry isn’t just growing in the U.S., though — it’s also getting bigger in nations like the U.K., India and Japan.With that growth comes a need for technology that meets the consumers’ expectations and makes event production easier, and an influx of startups, entrepreneurs and venture capitalists are working together to develop solutions for the events industry.While this new technology makes a difference for eventgoers around the world, it is important to note how it changes the industry. Here are four of the most important updates:1. Tickets go mobileMobile is taking every industry by storm, and the events industry is no exception. The first wave of mobile innovation has come with ticket buying systems.“Ticketing is increasingly about establishing a higher touch point with your fans — it is about being made available to everyone, everywhere.” explains Neetu Bhatia, founder and CEO of Kyazoonga, a global online ticketing agency. Mobile ticketing also allows vendors to do a lot more. Bhatia explains, “Clients can access and manage the ticketing back-end in a much simpler fashion than the older terminal based systems – now anyone with a mobile smartphone can become a ticketing point-of-sale.”Consumers want have fully integrated mobile experiences during events, as well — research shows that usage rates for mobile apps at some events can be as high as 94 percent. As a result, venues, promoters and planners need to partner with providers who can take their experiences mobile. The good news is that customer adoption is usually quick: Research from Guidebook found that 88 percent of event professionals agreed the use of event apps improved attendee engagement.2. Cost reduction, revenue generation A study from Enterprise Event Marketing found that the use of event technology can create a 20 percent increase in event attendance while reducing related costs by up to 30 percent. Even so, numerous studies also indicate that one of the biggest reasons events professionals don’t integrate new technologies is due to costs.Companies and vendors will need to work harder to compete in an increasingly cost-sensitive industry.“We consider ourselves net revenue generators on a client’s profit and loss.” Bhatia shares, “We do that by using predictive analytics to enable and drive purchase decisions and algorithms to enhance the in-seat experience with real-time notifications to motivate future purchases.”In the past, providers have tried to be low-cost solutions, but the future of the industry may require them to be no-cost or provide additional value.3. Attendee dataBig data is king in most industries, but its potential remains unrealized in the events industry.Event tech expert Mike Piddock shares, “Event tech that gathers data, both during live events and presentations, and dipping into social media profiles to understand event communities, will be a must have rather than a nice to have.” Technologies like scannable QR codes, much like the ones used for online ticketing, can help event professionals collect data from attendees that are actively scanning different objects at a live event.Near Field Communication (NFC) and other location-based tracking used by companies like Google also serve to deepen consumer insights from live events. Google already tracks and publishes data about high-traffic times at entertainment locations, and can easily zero in on more specific data about what kind of searches originate from a live event. Similarly, NFC-enabled phones could help event organizers track where users most frequently purchased concessions or merchandise, giving rise to the potential of split testing live marketing tactics.4. Still-emerging trendsThough not yet mainstream, it’s important to note the trends that may have an impact on the industry in later years. The most likely development in the near term is cashless events. Mobile payments like Apple Pay and social payment platforms like Venmo are making the use of cash at events a thing of the past. This could significantly reduce costs for venues that have to deal with everything that comes along with cash management.Another shift may come in the use of VR technology. Virtual attendance has the potential to provide low-cost options for people who otherwise wouldn’t be willing to spend money on tickets. Additionally, those people could have a view from the best seats in the house without damaging ticket sales in those areas.The industry is rapidly investing in new technologies, but factors like cost and concerns surrounding the way tech integration may impact event experience continue to prevent some professionals from trying new solutions.Bhatia shared, “The shift to mobile, emphasis on complete experiences over transactions, and in-venue cloud-based systems rather than terminal driven access are just some of the key trends that will shape the events industry.”For businesses working to gain bids with major events providers, the focus should remain on being a cost-effective partner while providing solutions that increase attendee engagement.For event organizers, the key will be assessing what technologies have the best return on investment, both in revenue generation and attendee satisfaction. Those that capitalize on the right technologies stand to gain a significant competitive advantage in the evolving event landscape. 5 min read Opinions expressed by Entrepreneur contributors are their own. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Growing a business sometimes requires thinking outside the box. March 24, 2017