iWorld
Radio City Music Fest – Desi Vibe strikes a chord with eight exceptional artists
Mumbai: Radio City is set to enchant music lovers with the launch of Radio City Music Fest – Desi Vibe. The show features a stellar line up of eight prominent artists across different genres, this musical extravaganza assures to be a soul-stirring experience for listeners nationwide.
The impressive roster of artists for Music Fest Chapter 1 comprised of music maestros such as Ankit Tiwari, Stebin Ben, Akhil Sachdeva, and Meet Bros. This time, as well, renowned artists like Rabbi Shergill, Maame Khan, Indian Ocean, Hari & Sukkhmani, and Bismil, among others will feature for another electrifying edition. Each artist brings a unique taste to the concert, showcasing the rich landscape of Indian music.
The Radio City Music Fest – Desi Vibe concert series is not just a one-time event, it’s a nine-week musical journey. Every Friday, from 8 to 9 pm, listeners can tune in to Radio City across all Hindi-speaking markets to witness a featured artist sharing their stories, anecdotes, and performing their best hits.
Radio City CEO Ashit Kukian unveiled the grandeur of the Radio City Music Fest – Desi Vibe concert series. In his symphony of words, he declared, “Radio City, forever the trailblazer in championing India’s rich musical diversity, is set to ignite a revolution with the launch of Radio City Music Fest – Desi Vibe. Our mission is to craft an unparalleled auditory adventure, weaving an intricate connection between our selective listeners and the music composers. With this legendary lineup and our cutting-edge digital series, we’re about to put unforgettable tunes into the hearts and minds of our listeners.”
Indian musician and artist Rabbi Shergill said, “This initiative not only showcases Radio City’s commitment to providing quality entertainment but also highlights its dedication to promoting the rich heritage of Indian music. As the concert series unfolds, it is poised to become a cultural phenomenon, captivating audiences and leaving a lasting impact on the Indian music landscape. Radio City Music Fest – Desi Vibe promises to be a memorable journey through the heart and soul of Indian music.”
Indian Ocean band, pioneers of the fusion rock genre in India, mentioned, “As we embark on this musical journey with Radio City, we anticipate a wave of connection with our audience. Music transcends boundaries, and Radio City Music Fest – Desi Vibe is a testament to that.”
Get ready for a soulful music journey as Radio City unveils an exclusive 10-minute web series for every artist featured in this year’s Music Fest. Also, for an insider’s view into the personal and professional realms of your favourite musicians. These digital gems will serve as your backstage pass to the heart and soul of their journeys, featuring exciting interviews, behind-the-scenes magic, and even a sneak peek into their creative process. Every week, Radio City presents exclusive and exciting episodes on their social media platforms. It’s not just a festival; it’s a personal rendezvous with the music legends you adore, adding an extra layer of enthusiasm to the experience.
iWorld
Snapchat parent Snap cuts 16 per cent of workforce in AI-driven restructuring
The Snapchat parent is axing around 1,000 jobs and closing 300 open roles to save $500m, as artificial intelligence makes smaller teams the new normal
CALIFORNIA: Snap is snapping. The Snapchat parent has confirmed plans to cut around 1,000 employees, roughly 16 per cent of its full-time workforce, as it bets that artificial intelligence can do what headcount once required. Shares jumped more than 10 per cent in premarket trading on the news, a brisk vote of confidence from a market that has watched the stock shed about 31 per cent this year.
The restructuring, which also closes more than 300 open roles, follows pressure from activist investor Irenic Capital Management, which holds an economic interest of about 2.5 per cent in the company and has been loudly pushing Snap to tighten its portfolio and lift performance. The firm got what it asked for, and then some.
Chief executive Evan Spiegel told employees the cuts would reduce annualised expenses by more than $500m by the second half of the year. The company expects to incur charges of between $95m and $130m related to the layoffs, mostly severance, with the bulk landing in the second quarter. Staff in Snap’s North America team were asked to work from home on the day of the announcement.
The financial backdrop is not without bright spots. Snap expects first-quarter revenue to rise around 12 per cent to approximately $1.53 billion, broadly in line with analyst estimates. Adjusted core profit for the January to March quarter is forecast at about $233m, comfortably ahead of Wall Street’s expectation of $186.8m.
The harder question surrounds Specs, Snap’s augmented reality smart glasses subsidiary, which Irenic has urged the company to spin off or shut down entirely. The unit has absorbed more than $3.5 billion in investment and burns through approximately $500m in cash annually. Snap is pressing ahead regardless, with a consumer product expected later this year, even as Meta leads the market in the segment.
Spiegel is betting that leaner teams, smarter machines and a consumer AR play can restore Snap’s credibility with investors who have run out of patience. The redundancy notices have gone out. The harder restructuring, the one that requires a hit product rather than a headcount reduction, is still very much pending.
