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ART AND CULTURE - August 2020

Aug 2020

Aug 10, 2020

Piyush Goyal Dedicates Railway Museum at Hubballi, Karnataka Dedicated to the Nation

  • Minister of Railways Piyush Goyal and Minister of Parliamentary Affairs Pralhad Joshi dedicated a Railway Museum at Hubballi in Karnataka through video conferencing. The event was presided over by Minister of State of Railways Suresh Angadi and was attended by other dignitaries and senior officials.
  • This Rail Museum is first of its kind in North Karnataka and second in South Western Railway after the historic Rail Museum at Mysuru.
  • Mr. Joshi said that the museum is most relevant as Hubballi is an important Railway junction historically as well. He said it will become another prominent tourist destination in the region.
  • At Hubballi Museum, the artefacts are broadly arranged in three sections, at two cottages named Malaprabha and Ghataprabha and the outdoor section.

Aug 06, 2020

Disney Focuses on Streaming as it Falls to a Loss

  • Disney plans to release Mulan on its Disney+ streaming site this year and launch a new streaming service outside the US next year as it tries to build on its early streaming success.
  • The new service will operate under the Star brand and stream a wider variety of content than Disney+.
  • Disney+ has already attracted 60.5 million subscribers.
  • But the media giant reported enormous losses due to the pandemic as its theme parks closed.
  • Disney lost $4.7bn (£3.6bn) in the three months to 27 June, as the virus forced it to close theme parks and delay film releases and production.
  • That was down from nearly $1.8bn profit in the same period last year.
  • It said the pandemic was responsible for a $3bn hit to its operating income - mostly due to the disruption to its theme parks, where revenues plunged 85% compared to 2019, chief financial officer Christine McCarthy said.
  • Overall revenue fell 42% compared with last year to $11.8bn.
  • As it grapples with coronavirus disruption, the firm is forging ahead with its streaming ambitions, as it tries to position itself as a rival to Netflix, Amazon and other streaming sites.
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