Ex-Thomson, Technicolor now, trying to straighten up and definitely wants to turn the page.After the creditors and shareholders have approved the restructuring plan to reduce debt by 2.8 billion euros to 1.55 billion euros, Technicolor announced Tuesday in a statement he signed a partnership with 'American Warner Bros., to duplicate and distribute DVDs and Blu-Ray.
The French group said that this contract will generate significant revenues from the third quarter of 2010.
"Associating their expertise in creating entertainment and key technologies associated with the unique experience of Technicolor innovation technology offers many opportunities for both parties," said the president of Technicolor, Frederick Rose.
Weakened by serious financial difficulties, Technicolor has decided to relaunch by signing a strategic partnership with the world leader in terms of volumes of physical media (DVD and Blu-ray combined).
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This Thursday that the Paris City Hall launched the tender for Autolib ', inspired by the Vélib'. This is to provide potential subscribers 3 000 vehicles in over 1 000 stations in the capital and suburbs where twenty municipalities are involved. One candidate has already emerged: the quartet comprising Notices, RATP, SNCF and Vinci Park. The tender to be deposited on Thursday will be discussed in spring 2010 and the choice of provider is expected within a year. Autolib 'is a campaign promise from the mayor of Paris, Bertrand Delanoë. The Greens are reserved for the chosen system. New Center advocates for small electric taxis. The UMP calls for a postponement of one year for a thorough debate takes place on a project at 35 million euros.
"Autolib ': a project difficult to achieve
U.S. traders are hoping that this Friday will be "black." Black Friday is the nickname given to the Friday following the Thanksgiving holiday would. This weekend three days in the United States marks the beginning of the season's shopping season. Last year, 172 million Americans had flocked to the malls during the seventy-two hours after the feast of Thanksgiving. The profession wants them to be as many this year, despite higher unemployment for twenty-six and a credit crunch.
The leading retailer for low prices, Wal-Mart opens a large number of its stores 24 hours of 24 on this occasion. Its rival Target is ready to welcome the hordes of customers at 5 am. Just as Best Buy, the number one electronics distribution. Kmart opened as early as Thursday, Thanksgiving Day.All these giants know that this year more than ever the buyers are looking for money sacrificed. Hence the importance of bringing many people into their stores to offset the lower margins.
Important factor: the weather, with a rather mild weather throughout the year, they will be favorable. But according to surveys, 93% of Americans intend to spend "less" or at most "same" as last year. In addition, 80% say they'd prefer to pay in cash. If consumers keep their resolutions and resist the temptation to use their credit cards, merchants' earnings will be significantly limited.
40% of total annual
Last year, while the financial crisis precipitated a collapse of activity, the mad shopping Thanksgiving had still spent an average of 372.57 dollars per person.Was 7.2% higher than in 2007.
But the season is long. A good weekend of Thanksgiving does not necessarily translate into strong sales until Christmas. We saw him in 2008 for the first time in over a generation, Americans have finally spent less than last year. This decline of 3.4% of purchases had traumatized the profession. From late November to late December, the department stores carry up to 40% of their annual turnover. While their association anticipates a further decline in sales in the 2009 season, but of lesser magnitude. The marketing channels such as Macy's and Nordstrom noted for example the collapse of the morale of Americans from October to November. But they also know that the reputation of Black Friday is overrated. The days of greatest influx of buyers are usually on the weekends before Christmas.The Americans, by calculation or by lack of preparation, expect more and more the last minute to buy gifts.