Expected CFTC Implementations Post-2024 Election: Key Considerations for Futures Commission MerchantsNEW YORK , Nov. 25, 2024 /PRNewswire/ -- The global live music market size is estimated to grow by USD 35.56 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 17.38% during the forecast period. Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 17.38% Market growth 2024-2028 USD 35563.9 million Market structure Fragmented YoY growth 2022-2023 (%) 13.27 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 38% Key countries US, UK, Japan, Germany, and France, Canada, Australia, South Korea, Brazil, India Key companies profiled Alliance Tickets, Bassett Events Inc., Coast To Coast Tickets LLC, CTS Eventim AG and Co. KGaA, Eventbee Inc., Eventbrite Inc., Event.com Inc., Live Nation Entertainment Inc., Lyte Inc., SeatGeek Inc., Sunrise Records Ltd., The Ticketline Network Ltd., Ticket City Inc., TicketNetwork Inc., TickPick LLC, TiqIQ LLC, TodayTix Inc., Viagogo Entertainment Inc., Vivendi SE, and Vivid Seats Inc., SM Entertainment, YG Entertainment, Universal Music Group, Sony Music Entertainment, Warner Music Group Market Driver Live music market is a thriving industry that caters to the worldwide demand for authentic and great musical experiences. Trends in this sector include live music concerts, mobile apps, and the rise of DJs. Genres such as Blues, Pop, Rock, Metal, Electronica, and more continue to shape audience preferences. Industrial developments, urbanization, and technology adoption have led to the automation of production lines and the integration of technology in music events. Customer preferences drive emerging trends like local talent, interactive activities, and art installations at music festivals. Macroeconomic factors, disposable incomes, and social media influence ticket sales for B2C enterprises. Event organizers leverage user metrics, online purchase, and modeling approaches to optimize their operations. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, artists, agents, promoters, ticketing companies, contractors, record companies, music composers, corporate brands, and sponsors. The sector includes small clubs, theatre-sized venues, arena shows, and stadiums, featuring international stars and local talent. Festival dates, performance schedules, and promotional campaigns are crucial elements of successful live music events. Risk takers, fee negotiations, and show production are integral parts of the business. The future of the live music market is shaped by virtual online platforms, holograms, and fan bases. The sector continues to evolve, offering unique experiences for fans and like-minded individuals. The live music industry has experienced a notable increase in the utilization of virtual and hybrid events due to technological advancements and the impact of the COVID-19 pandemic. Artists and event organizers have responded to evolving circumstances by adopting innovative approaches, enabling them to deliver live music experiences to global audiences despite challenges posed by large-scale gatherings. Virtual and hybrid formats have gained popularity as a solution to the disruptions caused by the pandemic, allowing musicians and artists to continue engaging with their fan bases. Market Challenges Live music market is a dynamic and ever-evolving industry, encompassing various elements such as concerts, mobile apps, DJs, artists, and genres like Blues, Pop, Rock, Metal, and Electronica. Challenges in this sector include urbanization, production lines, automation, and technology adoption. Industrial developments and macroeconomic factors influence music events worldwide. Customer preferences and emerging trends shape the landscape, with local special circumstances and social outlook also playing a role. Live music events offer unique experiences for consumers, bringing together like-minded individuals and passionate audiences. Younger generations value experiences over material possessions, driving growth in music festivals and virtual online platforms. Technology, such as holograms and social media, has transformed the industry, enabling B2C enterprises to reach wider audiences and increase Gross Merchandise Value. Event organizers face various challenges, including ticket sales, artist contracts, and production logistics. Collaboration between agents, promoters, ticketing companies, contractors, record companies, music composers, corporate brands, and sponsors is crucial. The live music market is a cornerstone of the entertainment sector, providing livelihoods for musicians, crew members, and industry professionals. As the industry continues to evolve, understanding consumer behavior, representing the social outlook, and adapting to technological advancements will be key to success. Goldman Sachs predicts continued growth in the sector over the next few decades. Ultimately, the live music market offers a unique blend of art, social interaction, and entertainment for fans and artists alike. In today's digital marketplace, the music industry has seen a significant shift towards online platforms and applications. This transition brings new opportunities for live music market providers to reach their audience with customized offerings. However, it also poses new challenges, particularly in the area of data privacy. To effectively target customers, service providers collect data through cookies, which track customer preferences. This data is then utilized for customer profiling, behavior analysis, and data mining. While this information aids in delivering personalized services, indiscriminate use can infringe on customer privacy. Moreover, location-based services, which require geo-location information, raise privacy concerns. As the IT industry continues to create an open, competitive electronic marketplace, it is crucial to provide secure and reliable infrastructure for the seamless transfer and integration of critical information. Ensuring data privacy and security is essential to build trust and maintain customer loyalty. Research report provides comprehensive data on impact of trend, driver and challenges - Request a sample report! Segment Overview This live music market report extensively covers market segmentation by Revenue 1.1 Tickets 1.2 Sponsorship 1.3 Merchandising Genre 2.1 Pop 2.2 Rock 2.3 Hip-hop 2.4 EDM 2.5 Metal music and others Format Event Type Geography 3.1 North America 3.2 Europe 3.3 APAC 3.4 South America 3.5 Middle East and Africa 1.1 Tickets- The ticketing segment is a pivotal part of the global live music market, facilitating fan access to live music events through ticket sales and distribution. Online ticketing platforms, such as Ticketmaster and StubHub, have become popular due to their user-friendly interfaces and secure payment gateways. Mobile ticketing, featuring digital tickets accessible on smartphones, enhances the ticketing experience and reduces the risk of counterfeit tickets. Secondary ticketing platforms, like Viagogo and SeatGeek, offer fans an alternative to secure tickets for sold-out events. Data analytics and personalized marketing strategies are emerging trends, enabling ticketing companies to provide customized recommendations and targeted campaigns. These advancements are anticipated to boost the growth of the ticketing segment in the live music market. For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022) - Download a Sample Report Research Analysis Live music concerts continue to captivate audiences worldwide, bringing people together through the power of music. Mobile apps have revolutionized the industry, allowing fans to access tickets, merchandise, and real-time updates on their favorite artists. From Blues to Pop, Rock, Metal, Electronica, and beyond, music events cater to diverse customer preferences. Emerging trends include the integration of technology, such as holograms and virtual online platforms, into live performances. Local special circumstances and macroeconomic factors can impact the livelihood of musicians, influencing tours and festivals. Social interaction and the connection with like-minded individuals are cornerstones of the live music experience, spanning decades. The younger generation continues to discover new artists and genres, ensuring the industry's longevity. Live music events offer more than just entertainment – they provide a unique experience for fans to engage with their favorite musicians and create memories that last a lifetime. Market Research Overview Live music concerts have seen a significant growth in popularity with the advent of mobile apps, allowing fans to easily discover and purchase tickets for their favorite artists and genres, including Blues, Pop, Rock, Metal, Electronica, and more. The live music scene is not just limited to concerts but also includes parties and music festivals, which offer unique experiences for like-minded individuals. Urbanization and industrial developments have led to the adoption of technology in music production lines and automation, transforming the way music is created and performed. Emerging trends such as virtual online platforms, holograms, and interactive activities have added new dimensions to live music events, catering to the younger generation's preferences for experiences over material possessions. Music festivals have become a cornerstone of the live music industry, attracting passionate audiences from worldwide, with genres ranging from local talent to international stars. Event organizers leverage social media and ticket sales to reach consumers, while B2C enterprises focus on Gross Merchandise Value and user metrics to optimize their offerings. The live music industry is influenced by various macroeconomic factors, including disposable incomes, consumer behavior, and emerging trends. Representativeness, social outlook, and urban population play a crucial role in shaping the industry's future, with Goldman Sachs predicting a decade-long livelihood for musicians, tours, and festivals. Live performance remains the heart of the industry, with artists, DJs, agents, promoters, ticketing companies, contractors, record companies, corporate brands, and sponsors all playing essential roles in bringing the music to the fans. From small clubs to arena shows and stadiums, the live music industry continues to evolve, offering unforgettable experiences for fans and artists alike. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Revenue Tickets Sponsorship Merchandising Genre Pop Rock Hip-hop EDM Metal Music And Others Format Event Type Geography North America Europe APAC South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/live-music-market-size-is-set-to-grow-by-usd-35-56-billion-from-2024-2028--growing-demand-for-live-music-experiences-to-boost-the-market-growth-technavio-302314961.html SOURCE Technavio © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.PHILADELPHIA — A few months ago, Jon Runyan was at the NFL Films office in Mount Laurel, N.J., when his phone rattled. It was his former Eagles teammate, Hugh Douglas. Douglas was trying to settle a debate with their other former teammate, Jon Ritchie, over a play in 2001. Ritchie, a fullback, was lined up in the backfield for the Oakland Raiders, and needed to make sure the end man on the line of scrimmage — Douglas — had his hands down. So, he ran at Douglas full speed and took his legs out. The NFL fined Ritchie $10,000, which, 23 years later, he wanted Douglas to pay back, because he believed it was a legal cut block. But Douglas refused, maintaining that the play was illegal. They decided to consult an expert — Runyan — who has worked as the NFL's vice president of policy and rules administration since 2016. This was when the irony began to set in. "We knew he worked at the NFL office," Douglas said. "But then it was like, wait a minute, Jon Runyan does rules. He does the fine stuff. We were like, 'Are you (expletive) kidding me? Jon Runyan?'" The former offensive tackle is used to this reaction. He had a reputation for playing past the whistle. In a 2006 Sports Illustrated NFL player poll, Runyan was voted the second-dirtiest player in the league (tied with Pittsburgh Steelers linebacker Joey Porter and behind New England Patriots safety Rodney Harrison). He wasn't above tripping a guy, or stepping on his feet, or cleaning the pile. Former defensive tackle Hollis Thomas said the 6-foot-7, 330-pound Runyan set an aggressive tone on his first day of Eagles practice in 2000. A rookie defensive end, Dwight Johnson, hit him with some force. When he tried to do it again, Runyan grabbed him, threw him on the ground, and gave him a "that's-what-you-get nudge" with his foot. "[Jeremiah] Trotter came to [the rookie's] rescue," Thomas said. "He was like, 'Oh, you think you're swole!' Then the entire defense kind of jumped him. It was like Runyan was King Kong and the DBs were the little airplanes." Ritchie said the Raiders would dedicate a portion of their special teams meetings to studying Runyan's "cheap shots" when the Eagles were attempting to kick extra points. He described his former teammate's playing style as "angry," "mean," and "cruel." As someone who racked up an estimated 12-14 fines in his career, Runyan understood how handing out discipline for the NFL would look. But he took the job anyway, and has held it for almost a decade. "Everybody just kind of laughed at it," said Runyan, 50. "They were like, after all the stuff you did on the football field, how the hell did you become a compliance guy? "If you have an IT system, and you want to avoid getting hacked, you bring in a hacker. If you want to have good home security, you bring in a burglar." -- 'Bully mentality' Runyan developed his physical playing style in college. He went to the University of Michigan from 1992-95, where he was coached in the hard-nosed, bruising, Bo Schembechler brand of football, which was still in place even after the coach's retirement in 1989. In Michigan's team meeting room, players would see two words: "pursuit," for defense, and "harassment," for offense. The message was clear. "Always be up in someone's face," Runyan said. "Leaning on him, pushing on him. The guy I'm blocking is a better athlete and faster than me 99% of the time. So, if I do just enough to annoy him, and he's trying to fight me, that takes his athletic ability away." He was selected by the Houston Oilers in the fourth round of the 1996 NFL draft, and moved with the team to Tennessee in 1997. By that point, he'd become a starter, and was quickly developing a reputation for being a "nasty-ass offensive lineman," in Douglas' words. Runyan helped guide the Titans to the Super Bowl in 1999, and signed a six-year, $30 million contract with the Eagles in 2000. It was a lot of money. But in return, they got "the best right tackle in football," in then-coach Andy Reid's opinion. "We throw a lot of money around in this business," Reid told The Philadelphia Inquirer in 2000. "It's good to see that money go to someone who deserves it." Runyan spent his 14 NFL seasons toeing the line of physical-but-not-illegal. This proved to be more difficult after he signed with the Eagles. League rules became more stringent, and he was forced to adjust. He couldn't, for example, jump across the pile, over Duce Staley, and a throng of defensive linemen, shove San Francisco 49ers linebacker Jamie Winborn — right before the whistle was blown — and always expect to get away with it. "He just waylaid him," Douglas said. "I was like, 'What the (expletive) is he doing?'" This gritty mentality gave the Eagles exactly what they needed at the time. When Runyan arrived in 2000, they were a team in search of offense. Donovan McNabb was a young, developing quarterback in his first full year as an NFL starter. They did not have many big-play weapons in their passing game. In short, they were lacking an offensive identity, and Runyan gave them one. "He wouldn't yell and scream," Douglas said, "but when he put that helmet on, and it was time to play football, you were like, 'Yeah, I see why Andy (Reid) got this (expletive). Cause he crazy.' He set the tone." Added former Eagles center Hank Fraley: "Everybody fed off of him. He brought that bully mentality." With Runyan anchoring their offensive line, the Eagles reached the divisional round twice, the NFC championship game four times, and the Super Bowl in the 2004 season, in which they narrowly lost to the Patriots, 24-21. He retired after spending the 2009 season with the San Diego Chargers, and ran for office in New Jersey's third congressional district in 2010. Runyan won, and served two terms in the House of Representatives. He didn't seek a third term. The former tackle liked the process of legislating, but he didn't like all that came with it: The public posturing, the fundraising. So, in 2016, he reached out to Howie Roseman about a role in player engagement. Roseman, the Eagles' executive vice president of football operations, told him to write a job description. Runyan sent it to former Eagles teammate Troy Vincent, who used to be the head of player engagement for the NFL, and Vincent called him back. "Are you interviewing for this job?" he asked. "I might have a position for you up here." Vincent wanted Runyan to be the head of discipline for the league office. He would analyze rules, make sure they were implemented, and if they weren't, he'd hand out fines. Runyan accepted the job, and found it to be intuitive work. Despite existing in the gray area during his playing career — where any given hit could elicit a flag — he said that he had a very black-and-white understanding of the rules. He knew where the line was drawn, and was not reckless in crossing it. This understanding has helped him in his current role even though the league's rules are quite different now. -- Making the change The NFL said it has made more than 50 changes to its rulebook since 2002. For example, when Runyan started with the Eagles, tackling a player by grabbing the inside of his shoulder pads ("the horse-collar tackle") was legal. Now, it is not only a penalty, but it can draw a fine. These rule changes are a lot to keep track of, and Runyan's job is to make sure that nothing is overlooked. "People don't realize, the officiating crews are like a quarterback," Runyan said. "So depending on the formation, they have reads that they're going through, progressions that they're going through, and a lot of times they just move down to the next progression, and something happens when they take their eyes off of their first read. "I have the benefit of slowing it down and taking a look at all 22 players, so I can see that kind of stuff. And I can tell you, a lot of times, even when we watch it live on Sunday, there's no flag on the field. And it's like, 'Alright, I'm already tagging that play because I know there was a foul missed here.'" Every Sunday, Runyan and Vincent watch all the games, with an eye on potential fouls. They review them again on Monday with the NFL's compliance team. Runyan sits with coaching supervisors on Tuesday to let them know what calls were missed, and on Wednesday, he and a few other NFL executives decide which plays are worthy of a fine. Runyan has been careful not to show any favoritism — even to his own son. In 2022, he fined then-Packers guard Jon Runyan Jr. $5,215 for unnecessary roughness in a game against the New York Giants. Out of courtesy, Runyan gave Junior a heads up. "He had attempted to do a leg whip earlier in the game, and I knew he was still asleep, so I just texted him," Runyan said. "I go, 'You know, this play in the second quarter, you tried to leg whip this guy, but you missed.' And then 20 minutes later, I'm like, 'You did it again, and you got him! You'll have a letter by the end of the week.'" He will dole out 300 to 500 fines a year, but his job is not all about punishment. It's about protection and making the game safer. This is the part that most excites Runyan. Compared to Congress, where meaningful change takes a long time, football moves quickly. And the results of those changes can be life-altering. He points to the "Use of the Helmet" rule as an example. It was tweaked a few years ago — "we added six words to it," Runyan said — and so far, the league has seen fewer helmet-to-helmet hits. These kinds of outcomes make those long days in the league office worth it. Runyan understands, firsthand, how violent football can be. He said he hasn't suffered severe post-retirement injuries, but not all of his former teammates have been as fortunate. Former Oilers and Titans tight end Frank Wycheck estimated he had 25 concussions during his 11-year career. He died at 52 in 2023. Brian Westbrook, one of Runyan's former Eagles teammates, said he believed concussions were the cause of memory loss that he began experiencing in his 30s. It's likely that football players have sustained concussions for as long as the sport has been played. But for decades, the long-term health issues resulting from concussions were unknown. It wasn't until the 2000s when that perception began to change, following the suicide deaths of multiple retired NFL stars. Runyan was in the midst of his NFL career at that time. When he was playing, he didn't think much about how he'd feel when he was 60. But his hope is that he can encourage more players to think about that now. "Two of my former teammates are dealing with a lot of brain injury issues," Runyan said, without specifying which teammates. "A lot of drug abuse and a lot of depression stuff. Legitimate issues. In and out of rehab, broke the family up, all that kind of stuff. And I try to communicate with them and talk to them as much as I can, but it is really difficult. "And unfortunately, that was a part of the sport. But that's why you're seeing the NFL shifting towards playing safer, and creating rules like use of the helmet, that mandate that we get the head out of the game." This is admirable work, and Runyan plans to continue to do it. But that doesn't mean his former teammates will stop teasing him. "I love to see all of these guys transition into new careers," Douglas said. "It's great to see growth. But at the same time, I'm like, damn, this ain't the (expletive) that I know. I remember what this (expletive) used to be. "To hear he's giving out fines ... It's like, man, God is good. Because if he can change, anybody can, you know what I mean?"Wolves boss Gary O’Neil insists he is happy to look fans in the face and take the criticism which comes his way after his team were jeered off after losing 4-0 to Everton at Goodison Park. It was the fourth time this season Wolves had conceded four or more and the performance showed why they have the Premier League’s worst defence. When O’Neil and the players went over to acknowledge the visiting supporters there were boos following a run of two wins in 14 league matches. “Whatever the fans think of me, there is definitely no-none working harder, and I will continue to do so until someone tells me not to,” said O’Neil, who is under increasing pressure with his side now second frp, bottom of the Premier League table. Read More Related Articles Julen Lopetegui sweating on Wolves reunion as West Ham board meet Read More Related Articles Gary O'Neil highlights 'crazy' reality as Wolves seek redemption “I go over there to see them because I appreciate every one of the Wolves fans. They have given me unbelievable support since I arrived at the football club,” he said. “We managed to produce some unbelievable stuff last season with a team that was heavily tipped by most of the nation for relegation. We managed to enjoy it together. “Now it is tough. I was happy to go over there and look them right in the face and take any criticism they want to throw at me. I accept responsibility for my part in that. Whatever criticism they want to throw at me will not change how I feel about them. “Everyone at this football club needs to do more. We will get back to be ready to fight again on Monday (another crucial game against West Ham, whose manager Julen Lopetegui’s tenure is hanging by a thread). “I will work with everything I have. I will back myself to get the most out of the group. I understand the drive for change (but) you never know how much of a percentage of supporters it is.” Veteran Ashley Young ended Everton’s 370-minute wait for a goal with a 10th-minute free-kick, his first league goal for more than two years, and on-loan Lyon midfielder Orel Mangala blasted home his first for the club to establish a 2-0 half-time lead. Two Craig Dawson own goals secured Everton’s biggest home league win since April 2019, but manager Sean Dyche insisted their issues up front were far from sorted. He said: “It’s our fifth clean sheet in the last eight so the consistency has been there in one degree, we just haven’t been scoring goals. That’s been the hardest thing to find consistently and we haven’t solved it yet. Goals change everything, they change opinions. That’s what football is like.” Should he stay or should he go? Click HERE to have your say on the future of the Wolves boss
Following the results of the 2024 presidential election, searches related to emigrating from the U.S., including if it’s possible to buy Canadian citizenship , began surging. Similar searches have spiked following past presidential elections as well. Over the past week, however, people have also searched about the possibility of buying cheap homes in Italy. One VERIFY reader texted us to ask if it’s true an Italian village is selling Americans $1 homes following the election, and people on social media are also asking if it’s a real offer. Is an Italian village offering $1 homes to Americans following the election? Yes, an Italian village is offering $1 homes to Americans following the election. Ollolai, a village on the island of Sardinia in Italy, is courting American homebuyers following the presidential election by offering them homes for as little as $1. Ollolai and other Italian villages have made similar offers to people around the globe for several years. However, the cheapest homes available require renovations that will push the cost of the home much higher than just a dollar. A website run by the village titled “ Live in Ollolai ” offers homes from 1 Euro to 100,000+ Euros ($1.05 to $105,000) for people “worned [sic] out by global politics.” The earliest appearance the website makes on the Internet Archive’s Wayback Machine is Nov. 13, 2024, just over a week after the U.S. presidential election. The website itself makes no direct mention of Americans or U.S. politics. However, the village’s mayor, Francesco Columbu, told CNN that “the website was specifically created to attract American voters,” who would receive “preferential treatment” when applying. “We just really want, and will focus on, Americans above all,” Columbu told CNN. “We can’t of course ban people from other countries to apply, but Americans will have a fast-track procedure. We are betting on them to help us revive the village, they are our winning card.” The website promises any prospective buyers that the village will guide them through the process of buying and renovating the home, as well as navigating whatever paperwork Italy might require the homebuyer to go through. Ollolai’s website says 1-Euro homes will need renovations, but there are “move-in-ready” homes at affordable prices that “require minimal renovation.” Italian villages such as Ollolai have offered homes for as little as 1 Euro for years, but the cheapest homes have always come with the caveat that the buyer will need to pay for renovations. CNN first wrote about Ollolai in 2018 , when it reported the village was selling hundreds of abandoned homes for 1 Euro each. “The real estate bonanza comes with a catch, though,” CNN wrote at the time. “The 200 stone-built dwellings up for grabs are in poor condition and buyers must commit to a refurbishment within three years, which will likely cost about $25,000.” Other villages in Italy, such as Mussomeli on the island of Sicily, similarly require buyers of 1-Euro homes to renovate the homes within three years of purchase. In May 2024, CNBC reported on the true price of Italian 1-Euro homes purchased by two Americans. Both Americans first purchased their homes in villages in Sicily in 2019. One of them won their home in an auction after bidding 5,555 Euros, which was about 5,900 Euros (about $6,200) after taxes and fees. That homeowner then bought the neighboring home in a private sale for 22,000 Euros and spent about 425,000 Euros renovating the combined space. In total, the homes and renovations cost about $475,000. The other homeowner bought three homes in another village for 1 Euro each. Each building came with a 500-Euro realtors fee and a 2,800-Euro deed — that’s about $10,500 between the three buildings. At the time, that homeowner had spent about $35,000 in renovations. Ollolai’s website says prospective buyers will be able to explore properties online soon. Ollolai also maintains a separate website for foreign remote workers to apply to rent a home for a month in Ollolai for 1 Euro. Ollolai is just one of several villages listed by websites promoting 1-Euro home deals in Italy . The trend began when some Italian villages began making the offers to attract foreigners to boost their local economies and offset aging, declining populations. The offer does not come with Italian residency or citizenship. Any American seeking to live in Italy will have to apply for residency separately. The U.S. Embassies and Consulates in Italy describe the process for obtaining legal Italian residency. While Ollolai’s offer was announced following the election of Republican Donald Trump, people looking for a more liberal government may not find that in Italy. The country is currently led by a right-wing political party with roots to post-WWII fascist groups . Italy’s prime minister, Giorgia Meloni, has anti-LGBTQ+, anti-abortion and anti-migrant positions .UnitedHealthcare CEO kept a low public profile. Then he was shot to death in New YorkNEW YORK (AP) — Brian Thompson led one of the biggest health insurers in the U.S. but was unknown to millions of people his decisions affected. Then Wednesday's targeted fatal shooting of the UnitedHealthcare CEO on a midtown Manhattan sidewalk thrust the executive and his business into the national spotlight. Thompson, who was 50, had worked at the giant UnitedHealth Group Inc for 20 years and run the insurance arm since 2021 after running its Medicare and retirement business. As CEO, Thompson led a firm that provides health coverage to more than 49 million Americans — more than the population of Spain. United is the largest provider of Medicare Advantage plans, the privately run versions of the U.S. government’s Medicare program for people age 65 and older. The company also sells individual insurance and administers health-insurance coverage for thousands of employers and state-and federally funded Medicaid programs. The business run by Thompson brought in $281 billion in revenue last year, making it the largest subsidiary of the Minnetonka, Minnesota-based UnitedHealth Group. His $10.2 million annual pay package, including salary, bonus and stock options awards, made him one of the company's highest-paid executives. The University of Iowa graduate began his career as a certified public accountant at PwC and had little name recognition beyond the health care industry. Even to investors who own its stock, the parent company's face belonged to CEO Andrew Witty, a knighted British triathlete who has testified before Congress. When Thompson did occasionally draw attention, it was because of his role in shaping the way Americans get health care. At an investor meeting last year, he outlined his company's shift to “value-based care,” paying doctors and other caregivers to keep patients healthy rather than focusing on treating them once sick. “Health care should be easier for people,” Thompson said at the time. “We are cognizant of the challenges. But navigating a future through value-based care unlocks a situation where the ... family doesn’t have to make the decisions on their own.” Thompson also drew attention in 2021 when the insurer, like its competitors, was widely criticized for a plan to start denying payment for what it deemed non-critical visits to hospital emergency rooms. “Patients are not medical experts and should not be expected to self-diagnose during what they believe is a medical emergency,” the chief executive of the American Hospital Association wrote in an open letter addressed to Thompson. “Threatening patients with a financial penalty for making the wrong decision could have a chilling effect on seeking emergency care.” United Healthcare responded by delaying rollout of the change. Thompson, who lived in a Minneapolis suburb and was the married father of two sons in high school, was set to speak at an investor meeting in a midtown New York hotel. He was on his own and about to enter the building when he was shot in the back by a masked assailant who fled on foot before pedaling an e-bike into Central Park a few blocks away, the New York Police Department said. Chief of Detectives Joseph Kenny said investigators were looking at Thompson's social media accounts and interviewing employees and family members. “Didn’t seem like he had any issues at all,” Kenny said. "He did not have a security detail.” AP reporters Michael R. Sisak and Steve Karnowski contributed to this report. Murphy reported from Indianapolis.
Bay FC defender and cancer survivor wins NWSL's most prestigious community award for her dedication to helping others battle the disease. Share this: Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) Click to print (Opens in new window) Click to email a link to a friend (Opens in new window) Click to share on Reddit (Opens in new window) Report an error Policies and Standards Contact Us Most Popular Dear Abby: I tell them I won’t go out after 5 p.m., and still they pressure me Dear Abby: I tell them I won't go out after 5 p.m., and still they pressure me Dear Abby: She won’t marry me because of my young hiking buddy Dear Abby: She won't marry me because of my young hiking buddy Asking Eric: I saw what my teen calls me in his phone contacts Asking Eric: I saw what my teen calls me in his phone contacts Miss Manners: The old-timers insist on their strange pronunciations for streets Miss Manners: The old-timers insist on their strange pronunciations for streets Asking Eric: After the latest drama, should I just be done with my sister? Asking Eric: After the latest drama, should I just be done with my sister? Miss Manners: I don’t know what the waiter saw, but I was embarrassed Miss Manners: I don't know what the waiter saw, but I was embarrassed Harriette Cole: Nobody understands why I won’t learn to drive Harriette Cole: Nobody understands why I won't learn to drive San Jose State volleyball faces Mountain West tourney uncertainty after loss to Fresno State San Jose State volleyball faces Mountain West tourney uncertainty after loss to Fresno State Map: Tracking the storm in the Bay Area Map: Tracking the storm in the Bay Area Dear Abby: I don’t want to spend my wedding budget on shirttail in-laws Dear Abby: I don't want to spend my wedding budget on shirttail in-laws Trending Nationally Elon Musk slams Massachusetts sanctuary cities as Natick looks to join that growing group Advance Auto Parts closing all California stores School bus driver accused of abandoning 40 elementary students miles from home San Diego toddler’s backyard snake bite bills totaled more than a quarter-million dollars Alec Baldwin wasn’t invited to ‘Rust’ premiere, incites anger of slain cinematographer’s family
Courtland Sutton's surge is helping rookie Bo Nix and the Denver Broncos make a playoff push‘See you in seven hours’ says Arthur Gourounlian as he and Brian Dowling get RTE star as nanny for daughters
