It is almost 30 years since Bruce Springsteen sang about his cable-connected TV having ‘57 channels and nothin’ on’.
Springsteen, a great chronicler of suburban dreams and the frustrations of ordinary American life, may well have a different take on the world of TV if he was writing that lyric now. The equilibrium at play in his song has been tipped in another direction, with more and more distribution platforms being brought into existence. Everything is on these days, whenever you want it.
Today’s consumers are living in what has been described as a golden age of programming and choice, but are increasingly required to sign up to multiple platforms to keep up with their favourite shows or must-see TV.
If you want to follow the general bad behaviour of the media mogul Roy family, then HBO’s Succession is on OSN Streaming. Hightown, the American crime drama, is on StarzPlay, Squid Game, the show everyone is talking about, is on Netflix. I Know What You Did Last Summer, the reboot of the 1990s film, is out now on Amazon Prime. The feel-good series Ted Lasso, meanwhile, is on Apple+. Each one comes with its own price of admission.
Sports rights are just as fractured.
The breaking up of entertainment and sports rights into smaller parts is also a harbinger of the growing subscription economy of our times
The World Cup T20 cricket is being shown on, among other platforms, CriiicLife via a StarzPlay subscription. If you are a football fan, you may pay for a Bein Sports or Etisalat eLife pass to watch the Premier League and the UEFA Champions League, but you will have to stump up extra cash to catch the big international tournaments, such as Euro 2020 earlier this summer or the Fifa World Cup next winter. UFC fight fans will need a subscription to watch UFC 267 this weekend. The recent boxing bout between Tyson Fury and Deontay Wilder was shown on Fight Sports Max. F1 and rugby rights are to be found elsewhere. The list goes on.
This kind of slice-and-dice approach to content comes with a mixed blessing.
Consumers get maximum choice, of course. Sports fans can choose to only pay for the content they want. Indeed, Etisalat and StarzPlay are offering single match packages during the T20 tournament for less than Dh5, which is excellent value for money. Signing up for the entire championship costs around Dh100.
Most of us are familiar with the alternative, which was entering into a year-long contract with a single provider of a range of sports, entertainment, news and movie channels. That’s fine up to a point, but subscribers end up paying for the channels they don’t watch, rather than the ones they do.
The breaking up of entertainment and sports rights into smaller parts is also a harbinger of the growing subscription economy of our times.
Where a decade ago, our monthly bank and credit card statements may have listed a single entry for our satellite TV subscription – which almost certainly cost more than most consumers regarded as fair value, but was at least only one payment every few weeks – now those same documents are probably littered with the micropayments and smaller monthly charges that many of us willingly sign up for.
Experts say that is a fast growing sector and the subscription era is upon us. A UBS report earlier this year, expected this market to grow by nearly 20 per cent a year globally until 2025. Most software is now also purchased via monthly or yearly recurring licence fees.
Regular small payments for services offer convenience, but there are significant downsides to all this.
In the can’t wait, won’t wait instant access world we live in, how many free subscriptions have you signed up to that have since turned into regular monthly payments that passively drain your bank account?
I suspect many of us would be unable to instantly say precisely how much we spend every month on subscription charges for streaming, software, apps and more. Forget kicking the daily coffee habit that personal finance experts regularly cite as the way to reduce your monthly expenditure, the real drain on our wallets these days are these small and frequent subscription payments.
If you’ve ever tried cancelling one of these services, then you’ll also be aware that some entities provide an opaque mechanism to end the agreement, involving a multiple click through experience and, in all likelihood, the levying of a fee for breaking it. That stands in marked contrast to the near single-click, free-for-an-initial-period, sign-up experience that customers get easily hooked by in the first place.
The multi-platform, multiple monthly payment world is here to stay – and no one could or should make the case for the alternatives, which are to hitch your wagon to the piratic world of illegal streaming or to go back to inefficient content monopolies – but the legitimate providers could make a significant improvement to their payment and sign-up methods.
The best operators in this area communicate before they charge and make it stress-free and simple to unsubscribe. All subscription services should seek to meet these basic standards and play fair with customers. If they don’t, a follow up Springsteen song might end up being ‘57 subscriptions and nothing left in my wallet’. And no one wants that.
RIDE%20ON
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Feeding the thousands for iftar
Six industrial scale vats of 500litres each are used to cook the kanji or broth
Each vat contains kanji or porridge to feed 1,000 people
The rice porridge is poured into a 500ml plastic box
350 plastic tubs are placed in one container trolley
Each aluminium container trolley weighing 300kg is unloaded by a small crane fitted on a truck
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
THE DETAILS
Solo: A Star Wars Story
Director: Ron Howard
2/5
UAE currency: the story behind the money in your pockets
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
About Tenderd
Started: May 2018
Founder: Arjun Mohan
Based: Dubai
Size: 23 employees
Funding: Raised $5.8m in a seed fund round in December 2018. Backers include Y Combinator, Beco Capital, Venturesouq, Paul Graham, Peter Thiel, Paul Buchheit, Justin Mateen, Matt Mickiewicz, SOMA, Dynamo and Global Founders Capital
Avengers: Endgame
Directors: Anthony Russo, Joe Russo
Starring: Robert Downey Jr, Chris Evans, Scarlett Johansson, Chris Hemsworth, Josh Brolin
4/5 stars
MATCH INFO
Manchester City 3
Danilo (16'), Bernardo Silva (34'), Fernandinho (72')
Brighton & Hove Albion 1
Ulloa (20')
Jewel of the Expo 2020
252 projectors installed on Al Wasl dome
13.6km of steel used in the structure that makes it equal in length to 16 Burj Khalifas
550 tonnes of moulded steel were raised last year to cap the dome
724,000 cubic metres is the space it encloses
Stands taller than the leaning tower of Pisa
Steel trellis dome is one of the largest single structures on site
The size of 16 tennis courts and weighs as much as 500 elephants
Al Wasl means connection in Arabic
World’s largest 360-degree projection surface
Traits of Chinese zodiac animals
Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
EXPATS
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
THE BIO
Ms Davison came to Dubai from Kerala after her marriage in 1996 when she was 21-years-old
Since 2001, Ms Davison has worked at many affordable schools such as Our Own English High School in Sharjah, and The Apple International School and Amled School in Dubai
Favourite Book: The Alchemist
Favourite quote: Failing to prepare is preparing to fail
Favourite place to Travel to: Vienna
Favourite cuisine: Italian food
Favourite Movie : Scent of a Woman
North Pole stats
Distance covered: 160km
Temperature: -40°C
Weight of equipment: 45kg
Altitude (metres above sea level): 0
Terrain: Ice rock
South Pole stats
Distance covered: 130km
Temperature: -50°C
Weight of equipment: 50kg
Altitude (metres above sea level): 3,300
Terrain: Flat ice
Profile of MoneyFellows
Founder: Ahmed Wadi
Launched: 2016
Employees: 76
Financing stage: Series A ($4 million)
Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund
Off-roading in the UAE: How to checklist
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
The biog
Name: Dhabia Khalifa AlQubaisi
Age: 23
How she spends spare time: Playing with cats at the clinic and feeding them
Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need
Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman
Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs
Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing
General%20Classification
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THE APPRENTICE
Director: Ali Abbasi
Starring: Sebastian Stan, Maria Bakalova, Jeremy Strong
Rating: 3/5
Signs%20of%20%20%20%20%20%20%20heat%20stroke
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COMPANY%20PROFILE
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.