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Disney to pull new movies from Netflix, plans own streaming service

Walt Disney Co will stop providing new movies to Netflix Inc starting in 2019 and launch its own streaming service as the world’s biggest entertainment company tries to capture digital viewers who are ditching traditional television.

Disney’s defection, announced alongside its quarterly results on Tuesday, is a calculated gamble that the company can generate more profit in the long run from its own subscription rather than renting out its movies to services like Netflix.

More at Financial Post

What do Uber and exotic dancers have in common?

Lap dancers argue the same point. In Stringfellows Restaurants Ltd v. Quashie, for example, an English Court of Appeal case from 2012, the court held that a table-side dancer was engaging directly with customers, and that the restaurant was merely facilitating her services by administering the payments, and providing a venue for performance. Hence, the dancers would be independent contractors for tax purposes.

Uber’s argument is that there is basically no difference between their drivers and lap dancers. Uber is merely a facilitator through its ride platform, and its drivers are in business for themselves

More at Financial Post

Why messaging apps may be a key prong in India’s digital payments push

Money at the speed of a message. Perhaps this is the mantra that social media companies, internet companies and even a business process outsourcer are following as they eye a slice of the 95 per cent-plus cash economy that could potentially go digital. Many of those cash transactions — like person-to-person (P2P), person-to-merchant (P2M) or consumer payments — could be done on digital platforms such as chat rooms or messaging apps. Accelerating the shift from cash to digital is the government’s ..