tv Business - News Deutsche Welle August 17, 2022 5:15am-5:31am CEST
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a series of explosions has rocked ukraine's annexed crimean peninsula and walked rushes. defense ministry says is the act of sabotage. local officials say a fire spock explosions at an ammunition. steve hope injuring 2 people, enforcing thousands from their pipes. if ryan has neither confirmed nor denied any attack on premier as did any news lie from berlin, stevens beds the is up next with the business updates will on site in berlin from the team here at the company ticket hold slash were i'm just kinda, i think that's hard and in the end is a me, you are not a lot as to you anymore. we will send you back. are you familiar with this? with the smudges were lions the what's your story. ready
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i mean, wasn't, i was women, especially and victims of violence in labs and take part and send us your story. we are trying always to understand this new culture. so you are not the visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information with ah, german industry sound, the alarm over water levels in the rise, steel and chemical producers fear they may have to stop some production as the key waterway approaches record lows of so on our show europe's he waves are also posing major problems for france, which is struggling to keep its nuclear and running. and 45 years after his death,
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the king, his poise for a royally lucrative year, will look at help music and literary icons. keep earning well after death. welcome to the show, i'm see from beardsley in berlin. the german industries are bracing for the river right to become a navigable in parts as water levels remain near record. lowes and official with the german federation of industries worn tuesday that it was, quote, only a matter of time before chemical and steal production would be forced to shut down . the peg of the choke point of kalb between mines and co blitz was the reference level reference water level rather of 33 centimeters tuesday evening. the ryan is a major route for goods to reach the north sea of correspond, it matters. freshman was on a coal barge on the rhine to day. and since this we have to understand the rhine as the most important german waterway for shipping. and they are still carrying coal.
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but they are carrying one 3rd of the possible cargo that the ship could actually carry this coal. this amounts to about 16 cargo trucks. we have oil pipelines that go alongside the rain, ryan, and there's also trains carrying cargo. but both of them are at full capacity at the moment, and that means it will be very difficult to keep up the supplies further south. now we had a severe economic down shift after a drought in 2018 and with a coming droughts in, you know, with a climate crisis to go. we are looking at a downturn of economy. seat of your porter matters freshman there. another consequence of europe's high temperatures and lack of rain is rising electricity costs and france. that's because nuclear operators in the country have been forced to stop production. at some reactors, a nuclear accounts for 70 percent of frances energy production. during the long time, energy exporter into an importer to dub his lease lewis reports,
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france has been baking and temperatures of up to 40 degrees for months. now. that is putting french nuclear plants under strain authorities or having to bend the rules for about a 5th of them just to keep them running. usually a nuclear power plant operators are only allowed to discharge their cooling water into rivers lake. they go on. if the rivers temperature is under a certain limit, that is to protect the local flora and fauna county, though, authorities have suspended that rule at certain reactors like the goldfish plant. here behind me, they say it's the only way to guarantee francis power supply or for leader on april, a bonus rudder. but these environmental activists are outraged that rules are being suspended for nuclear power plants. when river systems are already under stress in
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the heat and drought, he norman, warmness on ball. they say warming them up even more is disastrous thing that the hot water, it's a catastrophe for plants and fish it. some of them die, which has ripple effects throughout the whole food chain with fuel. when, for example, there are no micro algae, certain small fish die that anomaly food for bigger fish or plus warmer water contains more bacteria in order to make it potable. we have to add a lot of chemicals, which people have been drinking vulnerable of either the ring. but with half of all reactors close for maintenance, france desperately needs the ones that are running to keep going. power company f, which declined our request for an interview, has called the situation extraordinary. and yet the current issues then seemed to be an existential problem for
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a french nuclear power. the government is about to nationalize e d f and plans to build new reactors. let's go now to some of the other global business stories. making headlines in finance does not expect the global semiconductor crisis to end any time soon. europe's largest chip maker saying tuesday that strong demand that electron mobility and renewable energy industries are driving factors behind the shortage. in vineyards, as it's uncertain, the industry can supply an offshoot and of chips. walmart's revenue left over 8 per cents in the 2nd quarter. the american retail giant seeing more inflation weary customers returning to wal mart to cut costs. some coven related costs, also shrunk, increasing the company's margins. and the retailer home depot also announced solid results. the positive retail numbers helping lift u. s. indexes on tuesday and our own yes quarter in new york stating by for more this is yenna wall street like these results. what if anything that they really
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tell us, however, about the state of u. s. economy. even in those numbers, tell us that the americans keep per shopping despite the inflation running red hot in the past couple of months by the americans also become more selective what they buy and also a where they shop. so a wal mart, for instance, as a discount or so more and more people from the middle and upper income levels of starting as to stop and so shop at wal mart what they have not done it before of also waltz. walmart was saying that more people, he was a credit instead of debit cards. so obviously, debt might become a profit for a problem. so not everything is rosy, but at least those numbers came in better than expected. and as you mentioned, help to lift walt food overall. i ins court in new york. thank you very much. will tuesday marks the 45th anniversary of the death of rock'n'roll legend,
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elvis presley. he was only 42 and he died. but his music and his legacy remained immensely popular and lucrative, especially this year. a new movie about elvis presley has racked up more than $250000000.00 in the box office worldwide, even before hitting video on demand. earlier this year, streaming company synod, i'm rolled out a 24 hour elvis channel. there's even a netflix, animated show in the works in which elvis is a secret agent where elvis earned $30000000.00 in 2021. that's according to an annual list of the revenues of deceased celebrities published by forbes. those earnings come through the licensing of song catalogs, libraries, performance rights. and of course, the image itself of the celebrity. and elvis is far from the only star who's at a lucrative post mortem. at number 3 and forbes list is michael jackson, who earned 75000000 dollars in 2021. that's on the back of revenue from over a 1000000000 streams of his back catalogue. number 2 is prince. his air sold their
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stakes in his estate, bringing the company over a $100000000.00. as not just musicians. number one on the list of top burning celebrities might surprise you. it's british children's author ra dall, author of charlie and the chocolate factory, and james and the giant peach among other children stories. he died in 1990, but still managed to make half a 1000000000 dollars last year. that's after netflix bought the family company that owns the rights to those and other stories. i spoke with you to be culture correspondence. scott roxborough earlier and asked if elvis was likely to climb higher, enlist this year? definitely, definitely. i think so. i mean alva, for having died a 45 years ago is having a great year of proof. the old adage that death can be a great career move for some artists. we're seeing of course, this boost an interest in elvis, around of the release of abbas lumens, a film elvis biotech of the king. i'm. that's been hugely successful launched at
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the cannes film festival and has been a real block buster, a surprising a many, but really re igniting interest in elvis. the person elvis serve the icon. and of course, the music of elvis, which has been sort of shooting up the, the streaming charts as a result of scott who typically controls the rights of a major movie star, major star whose to see such as elvis. is that the family estates or is it larger media companies or brand managers? yeah, it's different according to each a celebrity, each of musician. i'm in alice's case. it's incredibly complicated. of most of the music l. this is music belongs to the label. our ca, because elvis and his a notorious a manager colonel, tom parker sold most of those rights away before. um elvis died. but i'm a group called authentic brand group, owns the image writer, most of the image rights and merchandising rights to elvis. and they are one of the
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groups that really stands to profit as, as we see this elvis revival because those rights, the merchandising rights, the image rights are some of the most valuable rights for the new market place. it seems like these days, they're more avenues than ever to monetize the properties of these dead stars. and thinking of course of the swedish pop group, abba who actually released recently, holographic avatars for themselves. some have speculated that could even be using commercials, should we expect to see more of this in the future? yeah, definitely. i mean a little behind a lot of this desire to revive of these music celebrities is not really not the music itself. that's of interest. but these other revenues that you can generate around them, i mentioned merchandising and, and various other ways. the, this new avenue of holographic tours is, is a whole, a new sphere of money making. we've seen avenue quite successfully. there was just a whitney houston, a whole graphic tour in of vegas. i'm a roy orbison's,
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son has, is planning to send his dad's hologram on tour and hope he will be crying all the way to the bank with that. so there's are seeing a whole section of, of a new revenues come out that allows people to really exploit the, the, the celebrity and the artistry of, of musicians who have, who have long since left us. all right, sitting a hologram on tor brave new world. there scott roxborough with adobe culture. thank you very much. as well, just to be clear, abba is not dead, but this, the compact disc is much closer to it is now officially 40 years since the 1st music cd came out. and since the shiny discs quickly became popular all over the world, on the 1st issue was in fact, abas' is called the visitors, bruce and hanover, germany. what made the cd so hot sound quality was way better than cassette tapes and vinyl could provide. and it was easy to skip to a song that you liked,
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but the big idea behind the city was also its downfall. music was digitized and that concept later led straight to streaming let's it for me and the dw business team, find out more about these other stories online. check us out d, w dot com slash business are also on youtube or the dw news channel. i'm seeing beardsley. thanks for watching news. small acts can inspire big changes, meet the people making a possible on it, go africa. joined them as they set out to save the environment. learn from one another and work together for
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