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Converse Apologizes for Ads Compared to KKK and Lynching Imagery
Converse apologized after ads featuring K-pop star Karina and a Palmes collaboration drew KKK and lynching comparisons online. The company removed the images and pledged to do better.
Diddy’s Lawyers Quit $100M Case Over Six Months of Unpaid Fees
Sean Combs’ civil attorneys withdraw from $100M defamation case, alleging six months of unpaid fees and lack of cooperation. Combs disputes the charges.
Cumulus and Zimmer Press FCC to Lift Radio Ownership Caps, September 15
Cumulus Media and Zimmer Communications urge FCC to repeal local radio ownership caps, citing competition from Spotify, YouTube, and digital ad platforms that have cut into broadcast radio revenues since 1996.
ZOZO Stock Rises 2.8% as Pokémon 30th Anniversary T-Shirt Launch Drives September 15 Retail Momentum
ZOZO stock up 2.8% as the Japanese e-commerce giant launches Pokémon 30th anniversary T-shirt collection on September 18. Pre-orders span 1,025 designs at ¥3,960 each.
Turkish Airlines Lands Liverpool Shirt Deal Worth £300M Over Five Years
Turkish Airlines replaces Standard Chartered as Liverpool’s main shirt sponsor in a five-year deal worth £300 million, the most lucrative in Premier League history. THYAO stock rose 2.8% on the news.
Denny’s Franchisee Closes 5 Locations in Minnesota, Wisconsin on September 9
Denny’s franchisee M15 Inc. closed 5 locations in Minnesota and Wisconsin on September 9, citing unsustainable debt. The chain has shuttered 155 restaurants over two years as it pursues a turnaround.
Netflix Raises German Prices Up to 10% as Premium Plan Hits €21.99
Netflix raises German subscription prices by €2 per month across all plans. Premium tier now €21.99, ad-supported plan jumps 40% to €6.99. Company phases out base tier.
Ed Miliband Vows Israel Policy Reset as Tensions Over West Bank Settlements Escalate
UK Foreign Secretary Ed Miliband promises to reset Israel policy and block British involvement in West Bank settlements. Israel warns it will retaliate if sanctions are imposed.
Sony Faces California Class Action Over Digital Game Ownership Disclosures
Sony argues in court filing that PlayStation Store disclosures adequately warn customers they buy licenses, not ownership. Four gamers sued over unclear labeling of digital purchases.