Top 8 U.S. Media Group Plans Spend at least $115 billion Next year’s new movies and TV shows will pursue the video streaming business, but most people are losing money.

Fearing that it will be more difficult to attract customers in 2022 after the growth driven by the pandemic in 2020 and 2021, huge investments have been made.

An entertainment industry executive said that the planned expenditures calculated by the Financial Times based on company disclosures and analyst reports were “incredible.” Including sports broadcasting rights, total expenditures are estimated to rise to approximately US$140 billion.

“There is no turning back,” said Michael Nathanson, MoffettNathanson’s media analyst. “The only way to compete is to spend more and more money on premium content.”

But most companies-including Walt Disney, Comcast, WarnerMedia and Amazon-will lose money in their streaming divisions, and user growth has slowed in the past few quarters.

Three other stories in the news

1. Deloitte sued by former employees for alleged harassment Deloitte sued by a former female employee accused of four major companies Failed to protect her Avoid bullying and harassment by male partners, and investigate his behavior to protect his work.

2. Russia shuts down the oldest civil rights organization The Supreme Court of Russia has ordered Memorial closed, The country’s oldest civil rights organization, in the latest crackdown on dissidents. Prosecutors accused the organization of failing to properly label itself as a “foreign agent,” which documented the atrocities of the Soviet era and hinted that its description of the Soviet Union was too negative.

3. The European Union urges Chile to support the trade agreement The EU Trade Commissioner urges Chile’s incoming left-wing government to be led by President-elect Gabriel Boric Sign an agreement with the European Union It was negotiated by his right-wing predecessor.

Coronavirus Digest

• long haul Air traffic It’s still quiet, with many large wide-body aircraft flying to intercontinental routes Sit idle.

• ChinaThe increase in coronavirus infections has caused Production suspension and delivery delay This may hinder the economy. (Nikkei Asia)

• German The Supreme Court has requested Better protection When doctors treat only those Covid patients who have a greater chance of survival, it is for the disabled.

What are we still reading

Graphic of the year-meaning in 2021 From Covid charts to climate change maps, from technical interpreters to chronicles of human tragedies, we are living in more and more times Capture via visual reportThe graphics have the same rich and expressive language as written text. The following are some of the best of the thousands of reports produced by the British Financial Times in 2021 by the FTData team.

Somali conflict creates space for Islamic terrorist groups Nearly a year after the United States withdrew its troops from Somalia, the postponed elections have allowed fighters, including the Islamic radicals of Al-Shabaab, to act boldly. Threatens deeper chaosThe worst battle of the year took place in Guriel.

Waves hit AP Moller-Maersk in Denmark There should be no happier ship than AP Moller-Maersk, Peggy Hollinger wrote. The world’s largest container shipper ended the most profitable quarter in history and is expected to achieve the highest profit of all Danish companies in history. But there are signs that not everything is running smoothly internally.

Our most read market articles of the year

We have to go back almost a year to find the most popular market story of 2021: the work of Philip Stafford How the EU stock trading escaped London The first day after Brexit. Nearly 6 billion euros of transactions were rerouted to newly created European centers and major exchanges.

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