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Zawya
4 days ago
- Business
- Zawya
BRIDGE official visit to Seoul strengthens UAE-South Korea media and tech collaboration ahead of the BRIDGE Summit
Seoul, South Korea: The BRIDGE delegation arrived in Seoul, the capital of South Korea, marking the third stop in its Asia tour following visits to Shanghai, China, and Osaka, Japan. The tour is part of the ongoing preparations for the BRIDGE Summit 2025, which will be held in Abu Dhabi, UAE, from 8 to 10 December. The Summit will convene leading global media, cultural, and creative content creators, as well as policymakers from around the world. His Excellency Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the UAE National Media Office and Chairman of the UAE Media Council, led the delegation, which included His Excellency Dr Jamal Al Kaabi, Director General of the National Media Office. The visit, which took place from 4 to 6 August, featured a series of meetings with representatives of leading Korean companies specialising in media, digital industries, creative technology, animation, film production, and content creation. The delegation met with Mr. Kim Tae-kyun, First Deputy Mayor for Administration at the Seoul Metropolitan Government, in the presence of His Excellency Abdullah Saif Al Nuaimi, UAE Ambassador to South Korea. The discussions explored opportunities to build long-term partnerships that support the mission of BRIDGE Summit in uniting experts from the global creative media industries and advancing impactful international solutions. Strengthening cross-border collaborations in media and technology The visit featured a series of high-level meetings with representatives from leading Korean companies across multiple sectors. During these engagements, the BRIDGE delegation presented the strategic significance of the BRIDGE Summit 2025 and its role in shaping the future of global media through meaningful dialogue and cross-border collaboration. In the field of software and AI, Bruce S. Lee, Head of Marketing and Investor Relations at I-ON Communications, shared insights into how unstructured data management and digital marketing are evolving in South Korea. I-ON Communications' expertise in these areas is crucial to BRIDGE's ongoing conversations on data-driven storytelling, AI, and content personalization, particularly in the global media space. Similarly, John JungKyum Kim, Senior Attorney at Dentons, discussed South Korea's upcoming regulatory frameworks for AI and the potential for responsible innovation. As the world's largest law firm, Dentons' expertise will play a key role in shaping BRIDGE's narrative on law, business, and technology at the Summit. In gaming and entertainment, DK Kim, CEO of Lotte Caliverse, introduced the immersive 3D entertainment and commerce platform that aims to revolutionize global audiences through virtual experiences. This aligns perfectly with BRIDGE's focus on digital transformation and how experiential technologies are shaping cultural exchange and business. Choi Jung-min, Chief Growth Officer at SM Entertainment, also participated in discussions, emphasizing the role of entertainment in fostering cross-regional collaboration, particularly in media and digital culture. SimSam Ventures, represented by Rancho Lee, Co-founder, further highlighted opportunities for investment and scaling creative startups, positioning themselves as a critical partner for BRIDGE in fostering cross-border media innovation. In AI and tech innovation, Jake Lee, CEO of Math-presso, provided valuable insights into the company's AI-driven approach to education. Supported by global tech investors like Google, Math-presso's expertise aligns with BRIDGE's tracks focused on youth empowerment, educational access, and technological advancements in media. Similarly, Changshin Park, President of KAIA (Korea Animation Industry Association), played an essential role in introducing South Korea's animation sector, shedding light on how it contributes to the global media landscape and how BRIDGE can play a role in fostering creative economy dialogues. Legal, VC, academic, and NGO conversations driving strategic development On the second day, August 6, the discussions with legal and VC leaders as well as academic representatives provided critical insights into the intersection of law, education, and innovation. Ross Harman, Partner at Lee & Ko, spoke about South Korea's regulatory environment for media, technology, and AI. His dual role advising government and tech leaders provided a unique first-hand view of Korea's evolving legal landscape, which will be instrumental in shaping the legal discourse at BRIDGE. In the NGO and university sectors, Prof. Gul Hwang, Industrial Design Full Professor at Hongik University, emphasized the importance of design and sustainability in the digital age. His expertise in industrial design will add value to BRIDGE's conversations around creative innovation and the role of education in driving forward-thinking media and technology solutions. In the media sector, Jeongho Nam, Media Executive Director at Korea Press Foundation (KPF), and his colleagues, Sonho Kim, Director of Media Research, and Chaejoon Yoo, Media Support Team Leader, discussed media freedom, innovation, and the future of journalism in Asia. As BRIDGE continues to expand its global footprint, KPF's involvement ensures that South Korea's voice is well represented, amplifying Asian perspectives in global media policymaking. A step closer to global collaboration at the BRIDGE Summit Reflecting on the importance of these discussions, His Excellency Abdulla Al Hamed stated, 'The UAE is advancing its position as a global platform for media cooperation, fostering meaningful partnerships with nations like South Korea, a leader in the creative industries and digital media. The BRIDGE Summit embodies this vision by bringing together global media leaders to explore investment opportunities and innovative collaborations in the creative economy and digital industries, strengthening our role in shaping the future of media'. 'The BRIDGE Summit will provide a valuable platform for media institutions to develop strategies that navigate the evolving media landscape, enabling them to deliver responsible and impactful content. The participation of Korean media institutions in the Summit and Media Exhibition will facilitate knowledge exchange, showcase the latest technological innovations, and explore partnership prospects with Emirati institutions, driving the growth of creative industries and enhancing both countries' global media presence', he added. As part of the ongoing BRIDGE initiative, the UAE seeks to position itself as a central player in the rapidly evolving global media, technology, entertainment and creative industries ecosystem. The BRIDGE 2025 Summit in Abu Dhabi will bring together global leaders in media, AI, technology, and digital culture to explore transformative opportunities, investments, and further collaboration between the UAE, South Korea, and the global creative community. By supporting these key sectors, BRIDGE aims to strengthen its role as a platform for creating actionable pathways that will reshape the future of media, technology, and communication on a global scale.
Yahoo
02-08-2025
- Business
- Yahoo
Getty Images Holdings (GETY) – Shutterstock Merger Inches Closer
Getty Images Holdings, Inc. (NYSE:GETY) is . On June 10, the company received a significant boost on its proposed merger with Shutterstock, a leading provider of high-quality creative content for transformative brands. Shutterstock's stockholders approved the adoption of the proposed merger, with approximately 82% of the issued and outstanding shares voting in favor. The approval paves the way for the merger of the two companies, which is expected to result in a combined company capable of meeting the ever-changing needs of customers through investments in content creation, event coverage, and technological innovation. 'Our complementary strengths will allow us to better serve customers while also delivering exceptional value to our partners, contributors and stockholders in a fast evolving and competitive environment,' said Paul Hennessy, Shutterstock's Chief Executive Officer. The merger between Getty Images and Shutterstock is expected to close in the second half of the year, subject to regulatory approvals. Getty Images Holdings, Inc. (NYSE:GETY) is a communication services company that provides creative and editorial visual content solutions. It offers creative content, including royalty-free photos, illustrations, vectors, videos, and generative AI services, as well as editorial content, which consists of photos and videos. While we acknowledge the potential of GETY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 11 Defensive Stocks Billionaires are Buying amid US Trade Tariff Uncertainty. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
02-07-2025
- Business
- Associated Press
How Fadel Enhances Retail Supply Chain Efficiency
07/02/2025, New York City, New York // KISS PR Brand Story PressWire // If you work in retail, you know how it can get. Shipments get delayed, items are out of stock (and then, everyone suddenly starts ordering them) and your customers get frustrated. And now, with online commerce, people can order your product from anywhere in the world. Talk about pressure. In 2022, click and collect retail sales in the United States were forecast at nearly 96 billion dollars. During the COVID-19 pandemic, the number of click and collect retail sales doubled. That's why your retail supply chain needs to work as well as possible. Thankfully, companies like Fadel can help you on this journey and help you do what you do best. Make your customers happy. 𝑾𝒉𝒂𝒕 𝑰𝒔 𝑭𝒂𝒅𝒆𝒍? Fadel is a company that creates software to help businesses keep track of who owns what when it comes to creative content. Think of things like photos, videos, product designs, logos, and even music. Using any of these without the right permission can lead to lawsuits, bad press, or the need to pull a product or campaign at the last minute. Fadel can help companies avoid that risk by keeping all of the rights-related information organized. 𝑻𝒉𝒆 𝑹𝒆𝒕𝒂𝒊𝒍 𝑺𝒖𝒑𝒑𝒍𝒚 𝑪𝒉𝒂𝒊𝒏: 𝑨 𝑸𝒖𝒊𝒄𝒌 𝑳𝒐𝒐𝒌 Before we dive into how Fadel fits in, let's try to understand what the retail supply chain looks like. Basically, it's the journey a product takes from the initial idea to the customer. That journey involves: Each of these steps involves people, contracts, and often creative assets like photos, videos, and logos. Managing all of that content and making sure it's used legally and effectively can be very complicated. 𝑯𝒐𝒘 𝑪𝒂𝒏 𝑭𝒂𝒅𝒆𝒍 𝑯𝒆𝒍𝒑 𝒀𝒐𝒖𝒓 𝑩𝒓𝒂𝒏𝒅? Here's how Fadel can help you live up to your potential: 1. 𝑺𝒕𝒓𝒆𝒂𝒎𝒍𝒊𝒏𝒆𝒅 𝑪𝒐𝒏𝒕𝒆𝒏𝒕 𝑴𝒂𝒏𝒂𝒈𝒆𝒎𝒆𝒏𝒕 As a retailer, you probably use a lot of digital assets in your operations, like licensed music in commercials, branded packaging, and so on. Fadel's software can help your company know exactly what you can and can't use, and when. For example, if a retailer has permission to use a model's photo in ads until December 31st, Fadel keeps track of that date. If someone tries to use the photo after the deadline, the system sends a warning. This helps companies avoid last-minute problems that can delay launches. 2. 𝒀𝒐𝒖 𝑪𝒂𝒏 𝑺𝒂𝒗𝒆 𝑻𝒊𝒎𝒆 When marketing teams are sure they have the rights to use a certain video, image, or design, they don't need to waste time double-checking or waiting for legal approval. Fadel's tools can give you that confidence. This means campaigns can go live faster, and products can reach your customers more quickly. 3. 𝑩𝒆𝒕𝒕𝒆𝒓 𝑪𝒐𝒍𝒍𝒂𝒃𝒐𝒓𝒂𝒕𝒊𝒐𝒏 𝑩𝒆𝒕𝒘𝒆𝒆𝒏 𝑻𝒆𝒂𝒎𝒔 In many companies, creative teams, legal teams, and marketing teams often work in silos. Fadel connects them all by providing one platform where everyone can see what rights are available, what licenses are active, and what content is approved. This avoids confusion, helps everyone stay informed, and helps teams make better decisions together. 4. 𝑹𝒊𝒔𝒌 𝑹𝒆𝒅𝒖𝒄𝒕𝒊𝒐𝒏 Using content without the proper rights can lead to expensive lawsuits, bad publicity, or it can completely ruin your marketing campaign. Fadel can help reduce that risk. By tracking every license and agreement, their software ensures that companies stay compliant with all contracts and legal rules. This is not just about avoiding legal trouble. It also helps maintain your brand's reputation. 5. 𝑹𝒆𝒂𝒍-𝑻𝒊𝒎𝒆 𝑼𝒑𝒅𝒂𝒕𝒆𝒔 Retail is very fast. Fadel's platform updates in real time, which means that as soon as a license expires or a new restriction is added, the teams are notified. This kind of instant communication prevents errors and helps make sure all of your projects stay on track. 𝑹𝒆𝒂𝒍-𝑾𝒐𝒓𝒍𝒅 𝑬𝒙𝒂𝒎𝒑𝒍𝒆: 𝑳𝒂𝒖𝒏𝒄𝒉𝒊𝒏𝒈 𝒂 𝑭𝒂𝒔𝒉𝒊𝒐𝒏 𝑪𝒂𝒎𝒑𝒂𝒊𝒈𝒏 Imagine a global clothing brand preparing to launch a new winter collection. The campaign involves: Each part involves content that might have limitations. The model might only be approved for online ads, the music might be licensed only for 6 months, and the influencer might have exclusivity clauses. Fadel keeps all of this information in one place and alerts teams if something is outside the allowed use. Instead of going through a thousand emails, spreadsheets, and legal documents, the company can manage the whole campaign easily, and in one place. 𝑾𝒉𝒚 𝑻𝒉𝒊𝒔 𝑴𝒂𝒕𝒕𝒆𝒓𝒔 𝑵𝒐𝒘 𝑴𝒐𝒓𝒆 𝑻𝒉𝒂𝒏 𝑬𝒗𝒆𝒓 Today's retail is more complex than ever. There are so many channels you have to keep track of (like TikTok and YouTube), more partnerships, and more types of content being created. At the same time, consumers expect fast and easy experiences with your brand. Delays in the supply chain stand out and can hurt your brand's image (especially nowadays, when we leave a digital footprint). That's why having tools like Fadel's makes a real difference. It simplifies content management, keeps everyone in sync, and helps your team move faster with confidence. 𝑳𝒐𝒐𝒌𝒊𝒏𝒈 𝑨𝒉𝒆𝒂𝒅 As retail continues to grow, the need for clear, reliable rights management will only get bigger. More companies are creating digital experiences, collaborating with influencers, and creating global campaigns. Tools like this will be key in helping them scale these efforts while staying legally protected and as efficient as possible. Basically, Fadel doesn't just help with rights. It can help your team work smarter, faster, and safer. And that can be a serious competitive advantage. Original Source of the original story >> How Fadel Enhances Retail Supply Chain Efficiency
