1.
New York Stock Exchange
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The New York Stock Exchange, is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the worlds largest stock exchange by market capitalization of its companies at US$19.3 trillion as of June 2016. The average daily trading value was approximately US$169 billion in 2013, the NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007, the main building and the 11 Wall Street building were designated National Historic Landmarks in 1978. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists, previously, it was part of NYSE Euronext, which was formed by the NYSEs 2007 merger with Euronext. NYSE and Euronext now operate as divisions of Intercontinental Exchange, the NYSE has been the subject of several lawsuits regarding fraud or breach of duty and in 2004 was sued by its former CEO for breach of contract and defamation. The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement, previously securities exchange had been intermediated by the auctioneers who also conducted more mundane auctions of commodities such as wheat and tobacco. In 1817 the stockbrokers of New York operating under the Buttonwood Agreement instituted new reforms, after sending a delegation to Philadelphia to observe the organization of their board of brokers, restrictions on manipulative trading were adopted as well as formal organs of governance. Several locations were used between 1817 and 1865, when the present location was adopted, the invention of the electrical telegraph consolidated markets, and New Yorks market rose to dominance over Philadelphia after weathering some market panics better than other alternatives. The Civil War greatly stimulated speculative securities trading in New York, by 1869 membership had to be capped, and has been sporadically increased since. The latter half of the century saw rapid growth in securities trading. Securities trade in the nineteenth and early twentieth centuries was prone to panics. The Stock Exchange Luncheon Club was situated on the floor from 1898 until its closure in 2006. The main building, located at 18 Broad Street, between the corners of Wall Street and Exchange Place, was designated a National Historic Landmark in 1978, as was the 11 Wall Street building. The NYSE announced its plans to merge with Archipelago on April 21,2005, NYSEs governing board voted to merge with rival Archipelago on December 6,2005, and became a for-profit, public company. It began trading under the name NYSE Group on March 8,2006, Wall Street is the leading US money center for international financial activities and the foremost US location for the conduct of wholesale financial services. It comprises a matrix of wholesale financial sectors, financial markets, financial institutions, the principal sectors are securities industry, commercial banking, asset management, and insurance. Prior to the acquisition of NYSE Euronext by the ICE in 2013, Marsh Carter was the Chairman of the NYSE, presently, the chairman is Jeffrey Sprecher
2.
Wall Street
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Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the markets of the United States as a whole. Several other major exchanges have or had headquarters in the Wall Street area, including the New York Mercantile Exchange, the New York Board of Trade, there are varying accounts about how the Dutch-named de Walstraat got its name. A conflicting explanation is that Wall Street was named after Walloons— the Dutch name for a Walloon is Waal, among the first settlers that embarked on the ship Nieu Nederlandt in 1624 were 30 Walloon families. The Dutch word wal can be translated as rampart, however, even some English maps show the name as Waal Straat, and not as Wal Straat. But soon after that, the Dutch governor, Kieft, sent his men out there one night, few of them escaped, but they spread the story of what had been done, and this did much to antagonize all the remaining tribes against all the white settlers. Shortly after, Nieuw Amsterdam erected a palisade for defense against its now enraged red neighbors. The space between the walls is now called Wall Street, and its spirit is still that of a bulwark against the people. In the 1640s basic picket and plank fences denoted plots and residences in the colony, in 1685, surveyors laid out Wall Street along the lines of the original stockade. In these early days, local merchants and traders would gather at disparate spots to buy and sell shares and bonds, Wall Street was also the marketplace where owners could hire out their slaves by the day or week. The rampart was removed in 1699, the slave market operated from 1711 to 1762 at the corner of Wall and Pearl Streets. It was a structure with a roof and open sides, although walls may have been added over the years. The city directly benefited from the sale of slaves by implementing taxes on every person who was bought, in the late 18th century there was a buttonwood tree at the foot of Wall Street under which traders and speculators would gather to trade securities. The benefit was being in proximity to each other, in 1792, traders formalized their association with the Buttonwood Agreement which was the origin of the New York Stock Exchange. The idea of the agreement was to make the more structured and without the manipulative auctions. Persons signing the agreement agreed to each other a standard commission rate, persons not signing could still participate. In 1789 Wall Street was the scene of the United States first presidential inauguration when George Washington took the oath of office on the balcony of Federal Hall on April 30,1789 and this was also the location of the passing of the Bill Of Rights. Alexander Hamilton, who was the first Treasury secretary and architect of the early United States financial system, is buried in the cemetery of Trinity Church, in the first few decades, both residences and businesses occupied the area, but increasingly business predominated
3.
New York City
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The City of New York, often called New York City or simply New York, is the most populous city in the United States. With an estimated 2015 population of 8,550,405 distributed over an area of about 302.6 square miles. Located at the tip of the state of New York. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has described as the cultural and financial capital of the world. Situated on one of the worlds largest natural harbors, New York City consists of five boroughs, the five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island – were consolidated into a single city in 1898. In 2013, the MSA produced a gross metropolitan product of nearly US$1.39 trillion, in 2012, the CSA generated a GMP of over US$1.55 trillion. NYCs MSA and CSA GDP are higher than all but 11 and 12 countries, New York City traces its origin to its 1624 founding in Lower Manhattan as a trading post by colonists of the Dutch Republic and was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, New York served as the capital of the United States from 1785 until 1790. It has been the countrys largest city since 1790, the Statue of Liberty greeted millions of immigrants as they came to the Americas by ship in the late 19th and early 20th centuries and is a symbol of the United States and its democracy. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. Several sources have ranked New York the most photographed city in the world, the names of many of the citys bridges, tapered skyscrapers, and parks are known around the world. Manhattans real estate market is among the most expensive in the world, Manhattans Chinatown incorporates the highest concentration of Chinese people in the Western Hemisphere, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is one of the most extensive metro systems worldwide, with 472 stations in operation. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, and Rockefeller University, during the Wisconsinan glaciation, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth. The ice sheet scraped away large amounts of soil, leaving the bedrock that serves as the foundation for much of New York City today. Later on, movement of the ice sheet would contribute to the separation of what are now Long Island and Staten Island. The first documented visit by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown and he claimed the area for France and named it Nouvelle Angoulême. Heavy ice kept him from further exploration, and he returned to Spain in August and he proceeded to sail up what the Dutch would name the North River, named first by Hudson as the Mauritius after Maurice, Prince of Orange
4.
London
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London /ˈlʌndən/ is the capital and most populous city of England and the United Kingdom. Standing on the River Thames in the south east of the island of Great Britain and it was founded by the Romans, who named it Londinium. Londons ancient core, the City of London, largely retains its 1. 12-square-mile medieval boundaries. London is a global city in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism. It is crowned as the worlds largest financial centre and has the fifth- or sixth-largest metropolitan area GDP in the world, London is a world cultural capital. It is the worlds most-visited city as measured by international arrivals and has the worlds largest city airport system measured by passenger traffic, London is the worlds leading investment destination, hosting more international retailers and ultra high-net-worth individuals than any other city. Londons universities form the largest concentration of education institutes in Europe. In 2012, London became the first city to have hosted the modern Summer Olympic Games three times, London has a diverse range of people and cultures, and more than 300 languages are spoken in the region. Its estimated mid-2015 municipal population was 8,673,713, the largest of any city in the European Union, Londons urban area is the second most populous in the EU, after Paris, with 9,787,426 inhabitants at the 2011 census. The citys metropolitan area is the most populous in the EU with 13,879,757 inhabitants, the city-region therefore has a similar land area and population to that of the New York metropolitan area. London was the worlds most populous city from around 1831 to 1925, Other famous landmarks include Buckingham Palace, the London Eye, Piccadilly Circus, St Pauls Cathedral, Tower Bridge, Trafalgar Square, and The Shard. The London Underground is the oldest underground railway network in the world, the etymology of London is uncertain. It is an ancient name, found in sources from the 2nd century and it is recorded c.121 as Londinium, which points to Romano-British origin, and hand-written Roman tablets recovered in the city originating from AD 65/70-80 include the word Londinio. The earliest attempted explanation, now disregarded, is attributed to Geoffrey of Monmouth in Historia Regum Britanniae and this had it that the name originated from a supposed King Lud, who had allegedly taken over the city and named it Kaerlud. From 1898, it was accepted that the name was of Celtic origin and meant place belonging to a man called *Londinos. The ultimate difficulty lies in reconciling the Latin form Londinium with the modern Welsh Llundain, which should demand a form *lōndinion, from earlier *loundiniom. The possibility cannot be ruled out that the Welsh name was borrowed back in from English at a later date, and thus cannot be used as a basis from which to reconstruct the original name. Until 1889, the name London officially applied only to the City of London, two recent discoveries indicate probable very early settlements near the Thames in the London area
5.
Hong Kong
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Hong Kong, officially the Hong Kong Special Administrative Region of the Peoples Republic of China, is an autonomous territory on the Pearl River Delta of East Asia. Macau lies across the delta to the west, and the Chinese province of Guangdong borders the territory to the north. With a total area of 1,106 square kilometres. Hong Kong was later occupied by Japan during World War II until British control resumed in 1945, under the principle of one country, two systems, Hong Kong maintains a separate political and economic system from China. Except in military defence and foreign affairs, Hong Kong maintains its independent executive, legislative, in addition, Hong Kong develops relations directly with foreign states and international organisations in a broad range of appropriate fields. Hong Kong is one of the worlds most significant financial centres, with the highest Financial Development Index score and consistently ranks as the worlds most competitive and freest economic entity. As the worlds 8th largest trading entity, its legal tender, Hong Kongs tertiary sector dominated economy is characterised by simple taxation with a competitive level of corporate tax and supported by its independent judiciary system. However, while Hong Kong has one of the highest per capita incomes in the world and it has a very high Human Development Index ranking and the worlds longest life expectancy. Over 90% of the population use of well-developed public transportation. Seasonal air pollution with origins from neighbouring areas of Mainland China. Hong Kong was officially recorded in the 1842 Treaty of Nanking to encompass the entirety of the island, before 1842, the name referred to a small inlet—now Aberdeen Harbour, literally means Little Hong Kong)—between Aberdeen Island and the southern coast of Hong Kong Island. Aberdeen was a point of contact between British sailors and local fishermen. Detailed and accurate romanisation systems for Cantonese were available and in use at the time, fragrance may refer to the sweet taste of the harbours fresh water estuarine influx of the Pearl River or to the incense from factories lining the coast of northern Kowloon. The incense was stored near Aberdeen Harbour for export before Hong Kong developed Victoria Harbour, the name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the form, such as the Hongkong Post, Hongkong Electric. As of 1997, its name is the Hong Kong Special Administrative Region of the Peoples Republic of China. This is the title as mentioned in the Hong Kong Basic Law. Hong Kong has carried many nicknames, the most famous among those is the Pearl of the Orient, which reflected the impressive nightscape of the citys light decorations on the skyscrapers along both sides of the Victoria Harbour
6.
Americas
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The Americas, also collectively called America, encompass the totality of the continents of North America and South America. Together they make up most of the land in Earths western hemisphere, along with their associated islands, they cover 8% of Earths total surface area and 28. 4% of its land area. The topography is dominated by the American Cordillera, a chain of mountains that runs the length of the west coast. The flatter eastern side of the Americas is dominated by river basins, such as the Amazon, St. Lawrence River / Great Lakes basin, Mississippi. Humans first settled the Americas from Asia between 42,000 and 17,000 years ago, a second migration of Na-Dene speakers followed later from Asia. The subsequent migration of the Inuit into the neoarctic around 3500 BCE completed what is regarded as the settlement by the indigenous peoples of the Americas. The first known European settlement in the Americas was by the Norse explorer Leif Ericson, however, the colonization never became permanent and was later abandoned. The voyages of Christopher Columbus from 1492 to 1502 resulted in permanent contact with European powers, diseases introduced from Europe and Africa devastated the indigenous peoples, and the European powers colonized the Americas. Mass emigration from Europe, including numbers of indentured servants. Decolonization of the Americas began with the American Revolution in 1776, the population is over 1 billion, with over 65% of them living in one of the three most populous countries. As of the beginning of the 2010s, the most populous urban agglomerations are Mexico City, New York, Sao Paulo, Los Angeles, Buenos Aires and Rio de Janeiro, all of them megacities. The name America was first recorded in 1507 in the Cosmographiae Introductio, apparently written by Matthias Ringmann and it first applied to both North and South America by Gerardus Mercator in 1538. Amerigen means land of Amerigo and derives from Amerigo and gen, America accorded with the feminine names of Asia, Africa, and Europa. When conceived as a continent, the form is generally the continent of America in the singular. However, without a context, singular America in English commonly refers to the United States of America. In some countries of the world, America is considered a continent encompassing the North America and South America subcontinents, the first inhabitants migrated into the Americas from Asia. Habitation sites are known in Alaska and the Yukon from at least 20,000 years ago, beyond that, the specifics of the Paleo-Indian migration to and throughout the Americas, including the dates and routes traveled, are subject to ongoing research and discussion. Widespread habitation of the Americas occurred during the glacial maximum
7.
Art auction
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An art auction or fine art auction is the sale of art works, in most cases in an auction house. In England this dates from the part of the 17th century. In June 1693, John Evelyn mentions a great auction of pictures in the Banqueting House, Whitehall, normally, an auction catalog, that lists the art works to be sold, is written and made available well before the auction date. Some of the best known auction houses are Christies and Sothebys, the oldest auction house is Stockholm Auction House. It was established in Sweden in 1674, but this was a slow process, especially in the case of pictures, and lacked the incentive of excitement. The next great dispersal was Dr Richard Meads extensive collection, of which the pictures, coins and engraved gems, many other interesting and important 18th centurysales might be mentioned. High prices did not become general until the Calonne, John Trumbull, as to the quality of the pictures which had been sold by auction up to the latter part of the 18th century, it may be assumed that this was not high. The importation of pictures and other objects of art had assumed extensive proportions by the end of the 18th century, England was felt to be the only safe asylum for valuable articles, but the home which was intended to be temporary often became permanent. Had it not been for the political convulsions on the continent, England, instead of being one of the richest countries in the world in art treasures and this fortuitous circumstance had, moreover, another effect, in that it greatly raised the critical knowledge of pictures. The Woman taken in Adultery, now in the National Gallery and they comprised every phase of art work, and in all the quality was of a very high order. Three years later came the dispersal of the 1,500 pictures which formed Lord Northwicks gallery at Cheltenham and they were not hampered by collecting traditions, and their patronage was almost exclusively extended to the artists of the day. These patrons purchased at munificent prices either direct from the easel or from the not only pictures in oils. One of the features of the sales of the 1870s was the appreciation of water-colour drawings. At the Gillott sale 160 examples realized Turners Bamburgh Castle fetching 3150 gns. at the Quilter sale David Coxs The Hayfield, for which a dealer paid him 50 gns. in 1850, the following are the most remarkable prices of later years. In 1895 Coxs Welsh Funeral sold for 2,400 gns. in 1908,14 Turner drawings fetched and 7 brought, the Heidelberg reaching 4,200 gns. For Frederick Walkers Harbour of Refuge 2,580 gns. were paid and 2,700 gns. for his Marlow Ferry. A striking example of the prices given was the realized by the pair of Vandyck portraits of a Genoese senator. A few of the most remarkable prices for such pictures may be quoted, romneys The Ladies Spencer,10,500 gns
8.
Financial centre
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A financial centre is a location that is home to a cluster of nationally or internationally significant financial services providers such as banks, investment managers or stock exchanges. A prominent financial centre can be described as a financial centre or a global financial centre and is often also a global city. Regional and national financial centres interact with these leading centres and may act as business feeders or provide access to them. An offshore financial centre is typically a smaller, lower-tax, more lightly regulated jurisdiction that primarily serves non-residents. In a number of cities, the name International Financial Centre is given to skyscrapers located in business districts, for example the landmark. Financial centres are locations with an agglomeration of participants in financial markets, participants can include financial intermediaries, institutional investors, as well as central banks. Trading activity takes place on such as exchanges and involve clearing houses, although many transactions take place over-the-counter. Financial centres serve the business of their home country and may also serve international business. The term international financial centre or global financial centre is used to indicate a prominent financial centre where such international or cross-border business takes place. International financial centres started an early life in the 11th century in England at the annual fair of St. Giles. The first real international financial center was the City State of Venice which slowly emerged from the 9th century to its peak in the 14th century, tradable bonds as a commonly used type of security, was invented by the Italian city-states of the late medieval and early Renaissance periods. They, too, became important centres of financial innovation, as Richard Sylla noted, “In modern history, several nations had what some of us call financial revolutions. These can be thought of as creating in a period of time all the key components of a modern financial system. The first was the Dutch Republic four centuries ago, Amsterdam – unlike its predecessors such as Bruges, Antwerp, Genoa, and Venice – controlled crucial resources and markets directly, sending its fleets to all quarters of the world. As the first listed company, the VOC was the first company to issue stock. With its pioneering features, the VOC is generally considered a major institutional breakthrough, and it officially ushered in the era of the modern multinational/transnational corporations that now dominate the world economy. The second major innovation was the creation of the worlds first fully functioning financial market, while the Italian city-states produced the first transferable government bonds, they didnt develop the other ingredient necessary to produce a fully fledged capital market, corporate shareholders. The VOC was the first company in history to issue bonds
9.
Doctor Strange (2016 film)
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Doctor Strange is a 2016 American superhero film based on the Marvel Comics character of the same name, produced by Marvel Studios and distributed by Walt Disney Studios Motion Pictures. It is the film of the Marvel Cinematic Universe. In Doctor Strange, surgeon Stephen Strange learns the arts from the Ancient One after a career-ending car accident. Various incarnations of a Doctor Strange film had been in development since the mid-1980s, until Paramount Pictures acquired the rights in April 2005. Thomas Dean Donnelly and Joshua Oppenheimer were brought on board in June 2010 to write a screenplay, in June 2014, Derrickson and Spaihts were hired to direct and re-write the film, respectively. Cumberbatch was chosen for the role in December 2014, necessitating a schedule change to work around his other commitments. This gave Derrickson time to work on the script himself, for which he brought Cargill on to help, the film began principal photography in November 2015 in Nepal, before moving to the United Kingdom, Hong Kong, and concluding in New York City in April 2016. Doctor Strange held its premiere in Hong Kong on October 13,2016. The film has grossed over $677 million worldwide, and was met with reviews from critics. It also received an Academy Award nomination for Best Visual Effects, in Kathmandu, Nepal, the sorcerer Kaecilius and his zealots enter the secret compound Kamar-Taj and behead its librarian. They steal a ritual from an ancient and mystical text belonging to the Ancient One, the Ancient One pursues the traitors, but Kaecilius and his followers escape. In New York City, Stephen Strange, an acclaimed but arrogant neurosurgeon, fellow surgeon and former lover Christine Palmer tries to help him move on, but Strange vainly pursues experimental surgeries. Strange eventually seeks out Jonathan Pangborn, a paraplegic who mysteriously regained the use of his legs, Pangborn directs Strange to Kamar-Taj, where he is taken in by Mordo, a sorcerer under the Ancient One. The Ancient One demonstrates her power to Strange, revealing the astral plane and she agrees to train Strange, despite his arrogance, which reminds her of Kaecilius. Strange studies under the Ancient One and Mordo, and from ancient books in the library that is now presided over by the master Wong, the sorcerers task is to protect the Sanctums, though Pangborn had forgone this responsibility to instead channel mystical energy into walking again. Strange progresses quickly, and he reads the text from which Kaecilius stole pages. Mordo and Wong warn Strange against breaking the laws of nature, Kaecilius uses the stolen pages to summon the powerful Dormammu of the Dark Dimension, where time is non-existent. Kaecilius destroys the London Sanctum to weaken Earths protection, and sends Strange from Kamar-Taj to the New York Sanctum, the zealots begin to attack the New York Sanctum, but Strange holds them off with the mystical Cloak of Levitation until Mordo and the Ancient One arrive
10.
Capitalism
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Capitalism is an economic system based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, economists, political economists, and historians have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include laissez-faire or free market capitalism, welfare capitalism, different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social policies. Most existing capitalist economies are mixed economies, which elements of free markets with state intervention. Capitalism has existed under many forms of government, in different times, places. Following the decline of mercantilism, mixed capitalist systems became dominant in the Western world, Capitalism has been criticized for prioritizing profit over social good, natural resources, and the environment, and that is a cause of inequality and economic instabilities. Supporters believe that it provides better products through competition, and creates strong economic growth, the term capitalist, meaning an owner of capital, appears earlier than the term capitalism. It dates back to the mid-17th century, capitalist is derived from capital, which evolved from capitale, a late Latin word based on caput, meaning head – also the origin of chattel and cattle in the sense of movable property. Capitale emerged in the 12th to 13th centuries in the sense of referring to funds, stock of merchandise, sum of money, by 1283 it was used in the sense of the capital assets of a trading firm. It was frequently interchanged with a number of other words – wealth, money, funds, goods, assets, property, the Hollandische Mercurius uses capitalists in 1633 and 1654 to refer to owners of capital. In French, Étienne Clavier referred to capitalistes in 1788, six years before its first recorded English usage by Arthur Young in his work Travels in France, David Ricardo, in his Principles of Political Economy and Taxation, referred to the capitalist many times. Samuel Taylor Coleridge, an English poet, used capitalist in his work Table Talk, Pierre-Joseph Proudhon used the term capitalist in his first work, What is Property. To refer to the owners of capital, benjamin Disraeli used the term capitalist in his 1845 work Sybil. The initial usage of the term capitalism in its modern sense has been attributed to Louis Blanc in 1850, Karl Marx and Friedrich Engels referred to the capitalistic system. And to the capitalist mode of production in Das Kapital, the use of the word capitalism in reference to an economic system appears twice in Volume I of Das Kapital, p.124, and in Theories of Surplus Value, tome II, p.493. Marx did not extensively use the form capitalism but instead those of capitalist, and capitalist mode of production, also according to the OED, Carl Adolph Douai, a German-American socialist and abolitionist, used the phrase private capitalism in 1863. Capital has existed incipiently on a scale for centuries, in the form of merchant, renting and lending activities. Simple commodity exchange, and consequently simple commodity production, which are the basis for the growth of capital from trade, have a very long history
11.
Marvel Cinematic Universe
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The franchise has expanded to include comic books, short films, television series and digital series. The shared universe, much like the original Marvel Universe in comic books, was established by crossing over common plot elements, settings, cast, clark Gregg has appeared the most in the franchise, portraying Phil Coulson, a character original to the MCU. The first film released in the MCU was Iron Man, which began the first phase of films culminating in the crossover film Marvels The Avengers, Phase Two began with Iron Man 3, and concluded with Ant-Man. The films are currently in Phase Three, which began with the release of Captain America, Marvel Television expanded the universe further, first to network television with Marvels Agents of S. H. I. E. L. D. Marvel Television has also produced the digital series Marvels Agents of S. H. I. E. L. D, slingshot, which is a supplement to Agents of S. H. I. E. L. D. Soundtrack albums have been released for all of the films, along many of television series. It has inspired film and television studios with comic book character adaptation rights to attempt to create similar shared universes. By 2005, Marvel Entertainment began planning to produce its own films. Previously, Marvel had co-produced several superhero films with Columbia Pictures, New Line Cinema and others, Marvel made relatively little profit from its licensing deals with other studios and wanted to get more money out of its films while maintaining artistic control of the projects and distribution. Avi Arad, head of Marvels film division, was pleased with Sam Raimis Spider-Man films at Sony, as a result, they decided to form Marvel Studios, Hollywoods first major independent movie studio since DreamWorks. Feige, a self-professed fanboy, envisioned creating a shared universe just as creators Stan Lee, to raise capital, the studio secured funding from a seven-year, $525 million revolving credit facility with Merrill Lynch. Marvels plan was to release films for their main characters. Arad, who doubted the strategy yet insisted that it was his reputation that helped secure the initial financing, in 2007, at 33 years old, Feige was named studio chief. Feige initially referred to the narrative continuity of these films as the Marvel Cinema Universe. Marvel has designated the Marvel Cinematic Universe as Earth-199999 within the continuity of the companys multiverse, while not always the case, as evident by the 2013 releases of Iron Man 3 and Thor, The Dark World, he said it is certainly something to aim for. Feige expanded on this in July 2014, saying, I dont know that well keep to every year, wed rather find a way to keep that going. After the titles were revealed in October 2014, Feige said, which made us comfortable for the first time. To increase to three films a year instead of just two, without changing our methods, just like comic readers have been doing for decades and decades
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Pop music
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Pop music is a genre of popular music that originated in its modern form in the United States and United Kingdom during the mid 1950s. The terms popular music and pop music are used interchangeably, although the former describes all music that is popular. Pop and rock were synonymous terms until the late 1960s, when they were used in opposition from each other. Although pop music is seen as just the singles charts, it is not the sum of all chart music. Pop music is eclectic, and often borrows elements from other such as urban, dance, rock, Latin. Identifying factors include generally short to medium-length songs written in a format, as well as the common use of repeated choruses, melodic tunes. David Hatch and Stephen Millward define pop music as a body of music which is distinguishable from popular, jazz, according to Pete Seeger, pop music is professional music which draws upon both folk music and fine arts music. Although pop music is seen as just the singles charts, it is not the sum of all chart music, the music charts contain songs from a variety of sources, including classical, jazz, rock, and novelty songs. Pop music, as a genre, is seen as existing and developing separately, pop music continuously evolves along with the terms definition. The term pop song was first recorded as being used in 1926, Hatch and Millward indicate that many events in the history of recording in the 1920s can be seen as the birth of the modern pop music industry, including in country, blues and hillbilly music. The Oxford Dictionary of Music states that while pops earlier meaning meant concerts appealing to a wide audience. Since the late 1950s, however, pop has had the meaning of non-classical mus, usually in the form of songs, performed by such artists as the Beatles. Grove Music Online also states that, in the early 1960s pop music competed terminologically with beat music, while in the USA its coverage overlapped with that of rock and roll. From about 1967, the term was used in opposition to the term rock music. Whereas rock aspired to authenticity and an expansion of the possibilities of music, pop was more commercial, ephemeral. It is not driven by any significant ambition except profit and commercial reward, and, in musical terms, it is essentially conservative. It is, provided from on high rather than being made from below, pop is not a do-it-yourself music but is professionally produced and packaged. The beat and the melodies tend to be simple, with limited harmonic accompaniment, the lyrics of modern pop songs typically focus on simple themes – often love and romantic relationships – although there are notable exceptions
