The Taylor Swift effect
Yahoo! News, Thursday 18th June 2015
With Athens owing a 1.6-billion-euro payment to the IMF at the end of June and Greece’s international bailout due to expire the same day, Eurozone finance ministers are pessimistic about the chances of a deal. “There will be no period of grace” for the loan payment, IMF chief Christine Lagarde told reporters. “I have a term of June 30. If it’s not paid by July 1, it’s not paid.”
BBC News, Monday 22nd June 2015
Apple Music has reversed its payment policy, a day after the singer Taylor Swift said she was refusing to allow the company to stream her album 1989. In an open letter to Apple, Swift said she was withholding the record as she was unhappy with the three-month free trial offered to subscribers. Now Apple says it will pay artists for music streamed during trial periods.