Chapter 974 Digital Tax

In fact, Airbus has always been a weak point in the field of regional passenger aircraft. This is also the reason why Airbus "taken over" Bombardier's C series passenger aircraft project and renamed it A220 in the original time and space. Complemented by the best-selling A320 family.

Therefore, in the European market, Airbus's "home base", Standard Bombardier Aviation's regional jet business can still be competitive.

In addition, in addition to converting the A380 large passenger aircraft ordered from Airbus into his new "palace in the sky," Barron will also gradually use Gulfstream G series aircraft in his fleet for short-distance voyages and convenient landings in the future. The private jet was changed to a business jet produced by Bombardier.

The "President Business Jets" of his company will also be gradually replaced by Bombardier's Challenger series.

As for Barron, he is interested in the Global 8000 business jet, which was recently announced by Bombardier. However, this aircraft has not yet completed testing and will need to wait another two years before it can be obtained.

It can be said that after Barron’s acquisition of Bombardier, Gulfstream lost a major customer...

Well, not only that, but it also faces a more powerful competitor in the business jet field-Standard Bombardier.

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On December 10, after several months of negotiations, Sky Group finally reached an agreement with DailyVedio. They merged their streaming media platform into DailyVedio and obtained 15% of DailyVedio’s shares.

At the same time, SEM Group also announced a strategic cooperation agreement with DailyVedio. They will invest 600 million pounds, plus their related media resources, for a price of 1 billion pounds to acquire 10% of DailyVedio's shares.

In this way, DailyVedio is currently a streaming media platform with audiences in the UK, Europe, Australia, North America and parts of Asia. After years of development, it has more than 1 billion users and its monthly active users have exceeded 500 million. After that, its valuation has reached 100 billion pounds.

Initially, DailyVedio was jointly established by O2 Telecom and Digital UK, but later Digital Future, a subsidiary of Caesars Fund, increased their shareholding in DailyVedio to 70% through capital injection and acquisition of shares held by Digital UK, while O2 Telecom owned 30% of the shares.

Later, in order to compete with British Telecom (BT)'s online video business, O2 Telecom once again increased its capital in DailyVedio, bringing its shareholding ratio to 40%.

Now after this agreement is reached, the shareholding ratio of DailyVedio is that Digital Future holds 45% of the shares, O2 Telecom holds 30% of the shares, Sky Group holds 15% of the shares, and SEM Group holds 10% of the shares. .

It can be said that Digital Future’s total investment in DailyVedio is less than 100 million pounds, and its holdings are currently worth 4.5 billion pounds. The investment in DailyVedio is a very successful investment.

At present, DailyVedio is more than just a website. They mainly focus on two applications - DailyVedio and Daily TV. DailyVedio is mainly self-media similar to YouTube and video sharing content of individual users, including some such as ITV, BBC, BSkyB Waiting for paid programs officially released by the media.

Daily TV is used on multiple platforms including mobile phones, computers and set-top boxes. Its content mainly includes variety shows, TV series and other programs from its partnered TV stations, as well as film and television content purchased by DailyVedio.

DailyVedio CEO Carrie Simmons later revealed to the media that they expect to launch an IPO next year and are expected to list on Nasdaq and the London Stock Exchange for listing financing.

At the same time, Carrie Simmons also revealed that DailyVedio will also increase the proportion of their self-made content in the future. They have purchased the copyright of the American TV series "Succession" and will cooperate with Summit Media, a subsidiary of SEM Group, to film the TV series. British version.

After all, DailyVedio’s main source of revenue is still advertising revenue, which accounts for 60% of their company’s total revenue, while content payment revenue only accounts for about 35%…

Among them, the most subscribed content by DailyVedio users so far is still the classic British drama "Downton Abbey".

It can be said that driven by Woaw and the digital future, the development of London Science and Technology City is much smoother than in the original time and space, and the results are more fruitful.

Not only are the European headquarters of Silicon Valley giants such as Microsoft, Google, and Yahoo located in the Technology City, but in addition to DailyVedio and Argos.com, many Internet projects have also been hatched in the London Technology City, including some Although small e-commerce and group buying websites face competition from Argos and Amazon, they can also develop well in some niche vertical fields.

If Silicon Valley is the center of the global Internet, then London Technology City has also become the center of the European Internet. Because London Technology City has explored a relatively complete incubation mechanism for start-ups, it has attracted relevant talents from all over Europe to come and start businesses. It is the Digital Future Investment Company, as well as the British government's special support fund, as well as some increasingly active European local Internet venture capital institutions, all concentrated in the Science and Technology City, which has completely changed the look of this once slightly decadent East End of London. , becoming full of technology.

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“We need to impose a digital tax on those internet giants!”

So declared the British government just before Christmas.

After the UK took the lead in proposing the idea of ​​levying a digital tax, EU countries seemed to suddenly realize that France, Germany and other countries also began to announce that they would start studying the collection of digital taxes from Internet companies, and these European countries are preparing to levy digital taxes. , reached a consensus.

The British Treasury said:

“Applying current corporate tax rules to digital economy businesses creates an inconsistency between where profits are taxed and where value is created.”

They believe that setting the digital tax rate at 2% can bring an additional 515 million pounds in annual fiscal revenue to the British government.

"We have invested heavily in network construction in the UK, but those who occupy the most of these resources are the global network giants. They need to pay for this. But in order to promote the development of those Internet start-ups, I think digital levies should be levied. Companies set certain thresholds for tax, and the giants with the most profits should pay these fees. This is very reasonable. After all, the search engines, social media services and online market services of companies such as Google, Yahoo, and Amazon are the companies that occupy the most public bandwidth resources. …”

Regarding the issue of digital tax collection, British Minister of Business, Innovation and Skills Joe Harriman publicly stated that digital tax collection should be targeted at overseas Internet giants.

In fact, the reason why the digital tax (data facility service fee) is required is not only that the British government is really short of money, but also that they occupy the vast majority of global Internet giants such as Google, Yahoo, and Amazon. It is already intolerable to spend huge sums of money to build network infrastructure but pay very little tax to the British government.