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WOW HD
WOW HD is an online store that mainly sells physical copies of pre-recorded music and videos. History Under its previous name, CD WOW!, the retailer began operating in the UK in 2000, offering CDs and DVDs at lower prices than the high street. In 2004 the company was taken to court by the British Phonographic Industry, the recording industry association for the UK, for selling CDs at prices that often undercut UK retail prices by 25% as although the CDs in question were legal, many of them were licensed for sale and distribution in other markets and thus priced accordingly for those markets. The BPI, acting on behalf of its members, saw the lower priced albums as damaging to the UK and European markets and took the company's former owners Music Trading On-Line (HK) Ltd to the High Court, citing UK's Copyright, Designs and Patents Act of 1988. This resulted in CD WOW! being ordered not to sell titles that were not licensed for sale in Europe, and claiming it had to increase th ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Parallel Import
A parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product and are implicated in issues of international trade, and intellectual property. Parallel importing is based on concept of exhaustion of intellectual property rights; according to this concept, when the product is first launched on the market in a particular jurisdiction, parallel importation is authorized to all residents in the state in question. Some countries allow it but others do not. Parallel importing of pharmaceuticals reduces price of pharmaceuticals by introducing competition; TRIPS agreement in Article 6 states that this practice cannot be challenged under the WTO dispute settlement system and so is effectively a matter of national discretion. The practice of parallel importing is often advocated in the case of software, music, printed texts and electronic products, and occurs fo ...
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Online Music Stores Of The United Kingdom
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or "on the line") could refer to any piece of equipment or functional unit that is connected to a larger system. Being online means that the equipment or subsystem is connected, or that it is ready for use. "Online" has come to describe activities performed on and data available on the Internet, for example: "online identity", "online predator", "online gambling", "online game", "online shopping", "online banking", and "online learning". Similar meaning is also given by the prefixes "cyber" and "e", as in the words "cyberspace", "cybercrime", "email", and "ecommerce". In contrast, "offline" can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopping in bri ...
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Google Checkout
Google Checkout was an online payment processing service provided by Google aimed at simplifying the process of paying for online purchases. It was discontinued on November 20, 2013 and the service moved to Google Wallet (now called Google Pay). Users would store their credit or debit card and shipping information in their Google account, so that they could purchase at participating stores by clicking an on-screen button. Google Checkout provided fraud protection and a unified page for tracking purchases and their status. History Google Checkout service became available in the United States on June 28, 2006, and in the UK on April 13, 2007. It was free for merchants until February 1, 2008. From then until May 5, 2009 Google charged US merchants 2.0% plus $0.20 per transaction, and UK merchants 1.4% + £0.20. Google subsequently moved to a tiered cost structure, identical to that of PayPal. From that date, Google also discontinued its offer whereby merchants who advertised with an ...
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PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ...
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Debit Card
A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term '' plastic card'' includes the above and as an identity document. These are similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of a purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase. Some debit cards carry a stored value with which a payment is made (prepaid card), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on the Internet and there is no physical card. This is referred to as a virtual card. In many countries, the use of debit cards has become so widespread they have overtaken checks in volume, or have entirely replaced them; in some instances, debit cards ...
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EBay
eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a notable success story of the dot-com bubble. eBay is a multibillion-dollar business with operations in about 32 countries, as of 2019. The company manages the eBay website, an online auction and shopping website in which people and businesses buy and sell a wide variety of goods and services worldwide. The website is free to use for buyers, but sellers are charged fees for listing items after a limited number of free listings, and an additional or separate fee when those items are sold. In addition to eBay's original auction-style sales, the website has evolved and expanded to include: instant "Buy It Now" shopping; shopping by Universal Product Code, ISBN, or other kind of SKU number (via Half.com, which was shut down in 2017); and othe ...
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Amazon Marketplace
Amazon Marketplace is an e-commerce platform owned and operated by Amazon that enables third-party sellers to sell new or used products on a fixed-price online marketplace alongside Amazon's regular offerings. Using Amazon Marketplace, third-party sellers gain access to Amazon's customer base, and Amazon expands the offerings on its site without having to invest in additional inventory. Overview Items purchased on Amazon from third-party sellers are either fulfilled by the merchant (FBM) or fulfilled by Amazon (FBA). FBM goods are kept in the third-party seller's inventory, and shipping and customer service are handled by the third-party merchant. FBA goods are stored in Amazon's fulfillment centers, and shipping and customer service are handled by Amazon. Amazon charges its third-party merchants a referral fee for each sale which is a percentage of the sales price. Additionally, sellers using FBA must pay additional fees which include a pick, pack and weight charge. , third-party ...
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Elan Media Partners
Élan Media Partners was an Australian e-commerce company. It was established in 2010 after Surrealus, a company run by Paul Uniacke and Edward Nedelko, who at the time owned and operated Video Ezy, Blockbuster Australia and EzyDVD under their Franchise Entertainment Group, acquired Stomp Entertainment. Following a transitional period, Stomp changed its name to Élan Media Partners. Craig White, former Director of Sales at 20th Century Fox Home Entertainment, was appointed General Manager. White also co-founded an affiliated company, Access Digital Entertainment, which focused on internet video streaming. Élan Media Partners provided online and fulfilment services to various entertainment retailers, libraries and schools. The company owned and operated online consumer retail sites such as chaos.com, play4me.com and wowhd.com. Elan Media Partners also managed and operated the Video Ezy, Blockbuster Australia and EzyDVD websites. Based in Sydney, New South Wales, Élan Media Part ...
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High Court Of Justice
The High Court of Justice in London, known properly as His Majesty's High Court of Justice in England, together with the Court of Appeal of England and Wales, Court of Appeal and the Crown Court, are the Courts of England and Wales, Senior Courts of England and Wales. Its name is abbreviated as EWHC (England and Wales High Court) for legal citation purposes. The High Court deals at Court of first instance, first instance with all high value and high importance Civil law (common law), civil law (non-criminal law, criminal) cases; it also has a supervisory jurisdiction over all subordinate courts and tribunals, with a few statutory exceptions, though there are debates as to whether these exceptions are effective. The High Court consists of three divisions: the King's Bench Division, the #Chancery Division, Chancery Division and the #Family Division, Family Division. Their jurisdictions overlap in some cases, and cases started in one division may be transferred by court order to ...
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British Phonographic Industry
British Phonographic Industry (BPI) is the British recorded music industry's Trade association. It runs the BRIT Awards, the Classic BRIT Awards, National Album Day, is home to the Mercury Prize, and co-owns the Official Charts Company with the Entertainment Retailers Association, and awards UK music sales through the BRIT Certified Awards. Structure Its membership comprises hundreds of music companies including all three "major" record companies in the UK (Warner Music UK, Sony Music UK, & Universal Music UK), and over 450 independent record labels and small to medium-sized music businesses. The BPI council is the management and policy forum of the BPI. It is chaired by the chair of BPI, and includes the chief executive, chief operating officer (COO) and the general counsel. In addition it includes 12 representatives from the recorded music sector, six from major labels, two each from the three major companies, and six from the independent sector, which are selected by votin ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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