Venezuela has the largest proven oil reserves in the world. It was once so rich that Concorde used to fly from Caracas to Paris. But in the last three years its economy has collapsed. Hunger has gripped the nation for years. Now, it’s killing people and animals that are dying of starvation. The Venezuelan government knows, but won’t admit it!!! Four in five Venezuelans live in poverty. People queue for hours to buy food. Much of the time they go without. People are also dying from a lack of medicines. Inflation is at 82,766% and there are warnings it could exceed one million per cent by the end of this year. Venezuelans are trying to get out. The UN says 2.3 million people have fled the country - 7% of the population.

Saturday, August 13, 2011

Hulu announces plans to launch service in Japan...

Hulu plans to expand its reach into Japan.

On Wednesday, Hulu, the popular online video site, said it would ramp up its international expansion later this year by offering a monthly subscription service in Japan.

Hulu declined to say how much it would charge for the service, or how its program line-up might be different from its free Hulu site or its recently introduced $7.99 a month Hulu Plus subscription service available in the U.S. Those details would be revealed closer to launch, a company spokeswoman said.

"Since the very beginning of Hulu, we have had our aspirations firmly set on serving audiences around the globe," Johannes Larcher, the company's senior vice president in charge of international, said in a company blog post.

"In Japan, we also see an unfulfilled market need with respect to premium feature film and TV content, and very favorable environmental factors to a service like ours, including extensive broadband penetration, smart phone and other internet-connected device ubiquity, and strong consumer interest," Larcher said.

Hulu also is dipping its toe into original productions. On Aug. 17, it plans to unveil a documentary series -- exclusive to Hulu -- called "A Day in the Life" and produced by Morgan Spurlock, the filmmaker behind "Super Size Me" and "The Greatest Movie Ever Sold."

In "A Day in the Life," Spurlock spends 24 hours following interesting personalities, including British business mogul Richard Branson, rapper and songwriter will.i.am and comedian Russell Peters.

The company is hoping to make itself attractive to possible investors. The owners of Hulu -- Walt Disney Co., News Corp., NBCUniversal and Providence Equity Partners -- are quietly shopping the 3-year-old service to strategic partners, including Amazon.com Inc., Yahoo Inc., Google Inc. and Apple Inc.

Thank you Hollywood Reporter


Have a great day ☼
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