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Westchester Soccer Club Debuts New Home Kit to Kick Off Upcoming SeasonOpenAI faces more opposition in its for-profit transitionJoel Klatt Explains Why Indiana Is ‘Absolutely In’ The College Football Playoff
VNET Group (NASDAQ:VNET) Shares Gap Up – Here’s WhyThe value of global music copyright surged to $45.5 billion in 2023, marking an 11% increase from the previous year. This reflects the growing economic strength of music rights, which were valued at $25 billion in 2014. If current trends continue, music copyright could double in value over a decade. Record Labels And Streaming: Key Drivers Of Growth According to economist Will Page ‘s annual industry report ( via Billboard), record labels accounted for the largest share of the music copyright market, generating $28.5 billion in 2023—a 21% year-over-year increase. See Also: Apple Music Launched A $450 Limited-Edition Coffee Table Book: ‘100 Best Albums’ Streaming continued to dominate revenue sources, with a 10.4% growth rate. Physical music sales also performed strongly, as vinyl sales rose 15.4%, outpacing CDs in many regions. Page predicted vinyl could become a $3 billion industry by 2028, driven by higher unit prices and global demand. Major publicly traded record labels such as Universal Music Group NV UMGNF , Warner Music Group Corp WMG , and Sony Group Corp ‘s SONY Sony Music Entertainment were among the primary beneficiaries of these trends. UMG, for instance, reported $3.2 billion in Q3 2024 revenue, showing strong performance fueled by streaming and physical sales. Shifting Dynamics In Songwriter Royalties Moreover, collective management organizations (CMOs), which collect royalties on behalf of songwriters and publishers, saw revenues rise by 11% to $12.9 billion in 2023. Digital collections from CMOs have now surpassed those from broadcast and radio, reflecting the dominance of streaming platforms over traditional media. However, publishers are increasingly turning to direct licensing agreements, bypassing CMOs to avoid administrative delays and fees. "A song that spikes in mid-March, for example, takes 201 days to pay the artist and 383 days to pay the songwriter," Page explained. These delays can erode a third of songwriter revenue due to transaction costs. Music Surpasses Cinema The music industry's recovery following the pandemic has enabled it to overtake cinema in terms of economic output. In 2023, music was 38% larger than cinema, a stark contrast to 2019 when cinema led by 33%. Music copyright figures reflect trade revenue that benefits rights holders, while cinema's $33.2 billion box office revenues are divided between distribution and production. Companies like Live Nation Entertainment LYV , which operate in recorded music and live performance sectors, have capitalized on this momentum. Streaming’s Global Trade Advantage Streaming platforms have created new opportunities for artists from regions with lower royalty rates. North America and Europe, which account for 80% of streaming revenue growth, provide significantly higher payouts compared to Latin America and Asia. For example, Colombian artists like J. Balvin and Shakira earned nearly $100 million from U.S. streams in 2023, six times what they would have generated in their home country. Publicly traded streaming platforms such as Spotify Technology SA SPOT and Tencent Music Entertainment TME play a crucial role in this dynamic. Spotify benefits from premium subscription revenues in high-value markets, while Tencent Music caters to large audiences in Asia with a range of streaming and social entertainment services. Read Next: Spotify Stock Climbs Despite Q3 EPS Miss, Revenue Beat (CORRECTED) Cover image made using artificial intelligence via Dall-E. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.No. 23 Texas A&M aims to hand Oregon first loss at Players Era
Maharashtra Election Result 2024: Can CM Eknath Shinde hold his ground in Kopri-Pachpakhadi?MARTIN, Tenn. (AP) — Tarence Guinyard scored 31 points as UT Martin beat Champion Christian 123-56 on Sunday night. Guinyard added eight rebounds and five assists for the Skyhawks (4-7). Josue Grullon scored 23 points while shooting 8 for 16, including 7 for 13 from beyond the arc and added eight rebounds. Matija Zuzic shot 6 for 14, including 5 for 12 from beyond the arc to finish with 17 points. The Tigers were led in scoring by Noah Brooks, who finished with 14 points and two blocks. Champion Christian, a member of the Association of Christian College Athletics, also got 11 points from Adrian Brown. KJ Younge finished with nine points and three steals. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
From a 10-year-old to a Muppet to a president-elect, NYSE bell-ringers range from famous to obscureAre prices actually lower on Black Friday? Report indicates not everything is on sale
Stock market today: Dow leaps 400 points to fresh high, Russell 2000 notches first record since 2021At least one Israeli airstrike shook the Lebanese capital of Beirut late Tuesday, moments after U.S. President Joe Biden said Israel and Hezbollah had agreed to ceasefire deal. At least 24 people have been killed in strikes across Lebanon, according to local authorities, as Israel signaled it aims to keep pummeling Hezbollah before the ceasefire is set to take hold at 4 a.m. local time on Wednesday. Hezbollah also fired rockets into Israel on Tuesday, triggering air raid sirens across the country's north. An Israel-Hezbollah ceasefire would mark the first major step toward ending the regionwide unrest triggered by Hamas' attack on Israel on Oct. 7, 2023. But it does not address the devastating war in Gaza. Hezbollah began attacking Israel on Oct. 8, 2023, a day after Hamas' attack on southern Israel, in support of the Palestinian militant group. More than a year of fighting in Lebanon escalated into all-out war in September with massive Israeli airstrikes across the country and an Israeli ground invasion of the south. In Gaza, more than 44,000 people have been killed and more than 104,000 wounded in the nearly 14-month war between Israel and Hamas, according to Gaza's Health Ministry. ___ Here's the Latest: Netanyahu's office says his security Cabinet has approved ceasefire deal with Hezbollah JERUSALEM — Prime Minister Benjamin Netanyahu's security Cabinet has approved a ceasefire deal with Hezbollah, clearing the way for the truce to take effect. Netanyahu's office said the plan was approved by a 10-1 margin. The late-night vote came shortly before President Joe Biden was expected to announced details of the deal in Washington. Earlier, Netanyahu defended the ceasefire, saying Israel has inflicted heavy damage on Hezbollah and could now focus its efforts on Hamas militants in Gaza and his top security concern, Iran. Netanyahu vowed to strike Hezbollah hard if it violates the expected deal. Trump's pick for key adviser credits the president-elect with helping cement Israel-Hezbollah ceasefire WASHINGTON — Rep. Mike Waltz, President-elect Donald Trump's designate to be national security adviser, credited Trump's victory with helping bring the parties together toward a ceasefire in Lebanon. ''Everyone is coming to the table because of President Trump,'' he said in a post on X on Tuesday. ''His resounding victory sent a clear message to the rest of the world that chaos won't be tolerated. I'm glad to see concrete steps towards deescalation in the Middle East.'' He added: ''But let's be clear: The Iran Regime is the root cause of the chaos & terror that has been unleashed across the region. We will not tolerate the status quo of their support for terrorism.'' Israel airstrikes keep pounding Lebanese capital in the war's biggest wave of attacks BEIRUT — Israeli jets targeted a building in a bustling commercial area of Beirut for the first time since the start of the 13-month war between Hezbollah and Israel. The strike on Hamra is around 400 meters (yards) from the country's central bank. A separate strike hit the Mar Elias neighborhood in the country's capital Tuesday. There was no immediate word on casualties from either strike, part of the biggest wave of attacks on the capital since the war started. Residents in central Beirut were seen fleeing after the Israeli army issued evacuation warnings for four targets in the city. Meanwhile, the Israeli army carried out airstrikes on at least 30 targets in Beirut's southern suburbs Tuesday, including two strikes in the Jnah neighborhood near the Kuwaiti Embassy. Lebanon's Health Ministry reported that 13 people were injured in the strikes on the southern suburbs. Hezbollah official says the group hasn't seen a final ceasefire agreement BEIRUT — Hezbollah has said it accepts the ceasefire proposal with Israel, but a senior official with the group said Tuesday that it had not seen the agreement in its final form. ''After reviewing the agreement signed by the enemy government, we will see if there is a match between what we stated and what was agreed upon by the Lebanese officials,'' Mahmoud Qamati, deputy chair of Hezbollah's political council, told the Al Jazeera news network. ''We want an end to the aggression, of course, but not at the expense of the sovereignty of the state.'' of Lebanon, he said. ''Any violation of sovereignty is refused.'' Among the issues that may remain is an Israeli demand to reserve the right to act should Hezbollah violate its obligations under the emerging deal. The deal seeks to push Hezbollah and Israeli troops out of southern Lebanon. Netanyahu recommends his Cabinet approve a Hezbollah cease-fire proposal JERUSALEM — Israeli Prime Minister Benjamin Netanyahu said Tuesday that he would recommend his Cabinet adopt a United States-brokered ceasefire agreement with Lebanon's Hezbollah, as Israeli warplanes struck across Lebanon, killing at least 23 people. The Israeli military also issued a flurry of evacuation warnings — a sign it was aiming to inflict punishment on Hezbollah down to the final moments before any ceasefire takes hold. For the first time in the conflict, Israeli ground troops reached parts of Lebanon's Litani River, a focal point of the emerging deal. In a televised statement, Netanyahu said he would present the ceasefire to Cabinet ministers later on Tuesday, setting the stage for an end to nearly 14 months of fighting. Netanyahu said the vote was expected later Tuesday. It was not immediately clear when the ceasefire would go into effect, and the exact terms of the deal were not released. The deal does not affect Israel's war against Hamas in Gaza, which shows no signs of ending. Israeli strikes in Lebanon's south and east kill at least 13 people BEIRUT — Lebanon's state media said Israeli strikes on Tuesday killed at least 10 people in Baalbek province the country's east. At least three people were killed in the southern city of Tyre when Israel bombed a Palestinian refugee camp, said Mohammed Bikai, a representative of the Fatah group in the area. He said several more people were missing and at least three children were among the wounded. He said the sites struck inside the camp were ''completely civilian places'' and included a kitchen that was being used to cook food for displaced people. Israelis protest for a Gaza hostage release deal JERUSALEM — Dozens of Israeli protesters took to a major highway in Tel Aviv on Tuesday evening to call for the return of the hostages held by Hamas in Gaza, as the country awaited news of a potential ceasefire in Lebanon between Israel and Hezbollah. Protesters chanted ''We are all hostages,'' and ''Deal now!'' waving signs with faces of some of the roughly 100 hostages believed to be still held in Gaza, at least a third of whom are thought to be dead. Most of the other hostages Hamas captured in the Oct. 7, 2023 attack were released during a ceasefire last year. The prospect of a ceasefire deal in Lebanon has raised desperation among the relatives of captives still held in Gaza, who once hoped that the release of hostages from Gaza would be included. Instead of a comprehensive deal, the ceasefire on the table is instead narrowly confined to Lebanon. Dozens of Israelis were also demonstrating against the expected cease-fire, gathering outside Israel's military headquarters in central Tel Aviv. One of the protesters, Yair Ansbacher, says the deal is merely a return to the failed 2006 U.N. resolution that was meant to uproot Hezbollah from the area. ''Of course that didn't happen,'' he says. ''This agreement is not worth the paper it is written on.'' G7 leaders endorse Israel-Hezbollah ceasefire and insist Israel follow international law FIUGGI, Italy — Foreign ministers from the world's industrialized countries said Tuesday they strongly supported an immediate ceasefire between Israel and Hezbollah and insisted that Israel comply with international law in its ongoing military operations in the region. At the end of their two-day summit, the ministers didn't refer directly to the International Criminal Court and its recent arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defense minister over crimes against humanity. Italy had put the ICC warrants on the official meeting agenda, even though the G7 was split on the issue. The U.S., Israel's closest ally, isn't a signatory to the court and has called the warrants ''outrageous.'' However, the EU's chief diplomat Josep Borrell said all the other G7 countries were signatories and therefore obliged to respect the warrants. In the end, the final statement adopted by the ministers said Israel, in exercising its right to defend itself, ''must fully comply with its obligations under international law in all circumstances, including international humanitarian law.'' And it said all G7 members — Canada, France, Germany, Italy, Japan, the United Kingdom and the United States – ''reiterate our commitment to international humanitarian law and will comply with our respective obligations.'' It stressed that ''there can be no equivalence between the terrorist group Hamas and the State of Israel.'' The ICC warrants say there's reason to believe Netanyahu used ''starvation as a method of warfare'' by restricting humanitarian aid and intentionally targeted civilians in Israel's campaign against Hamas in Gaza — charges Israeli officials deny. Israel strikes in central Beirut kill at least 7 people and wound 37 BEIRUT — An Israeli strike on Tuesday levelled a residential building in the central Beirut district of Basta — the second time in recent days warplanes have hit the crowded area near the city's downtown. At least seven people were killed and 37 wounded in Beirut, according to Lebanon's Health Ministry. It was not immediately clear if anyone in particular was targeted, though Israel says its airstrikes target Hezbollah officials and assets. The Israeli military spokesman issued a flurry of evacuation warnings for many areas, including areas in Beirut that have not been targeted throughout the war, like the capital's commercial Hamra district, where many people displaced by the war have been staying. The warnings, coupled with fear that Israel was ratcheting up attacks in Lebanon during the final hours before a ceasefire is reached, sparked panic and sent residents fleeing in their cars to safer areas. In areas close to Hamra, families including women and children were seen running away toward the Mediterranean Sea's beaches carrying their belongings. Traffic was completely gridlocked as people tried to get away, honking their car horns as Israeli drones buzzed loudly overhead. The Israeli military also issued warnings for 20 more buildings in Beirut's suburbs to evacuate before they too were struck — a sign it was aiming to inflict punishment on Hezbollah in the final moments before any ceasefire takes hold. Independent Israeli commission blames Netanyahu and others for October 2023 attack TEL AVIV, Israel — The independent civilian commission of inquiry into the October 2023 Hamas attack on Israel has found Prime Minister Benjamin Netanyahu directly responsible for the failures leading up to the attack, alongside former defense ministers, the army chief and the heads of the security services. The civil commission presented its findings today after a four-month probe in which it heard some 120 witnesses. It was set up by relatives of victims of the Hamas attack, in response to the absence of any state probe. The commission determined that the Israeli government, its army and security services ''failed in their primary mission of protecting the citizens of Israel.'' It said Netanyahu was responsible for ignoring ''repeated warnings'' ahead of Oct. 7, 2023 for what it described as his appeasing approach over the years toward Hamas, and for ''undermining all decision-making centers, including the cabinet and the National Security Council, in a way that prevented any serious discussion'' on security issues. The commission further determined that the military and defense leaders bear blame for ignoring warnings from within the army, and for reducing the army's presence along the Gaza border while relying excessively on technological means. On the day of the Hamas attack, the report says, the army's response was both slow and lacking. The civil commission called for the immediate establishment of a state commission of inquiry into the Oct. 7 attack. Netanyahu has opposed launching a state commission of inquiry, arguing that such an investigation should begin only once the war is over. Israeli ground troops in Lebanon reach the Litani River JERUSALEM -- The Israeli military says its ground troops have reached parts of Lebanon's Litani River — a focal point of the emerging ceasefire. In a statement Tuesday, the army said it had reached the Wadi Slouqi area in southern Lebanon and clashed with Hezbollah forces. Under a proposed ceasefire, Hezbollah would be required to move its forces north of the Litani, which in some places is some 30 kilometers (20 miles) north of the Israeli border. The military says the clashes with Hezbollah took place on the eastern end of the Litani, just a few kilometers (miles) from the border. It is one of the deepest places Israeli forces have reached in a nearly two-month ground operation. The military says soldiers destroyed rocket launchers and missiles and engaged in ''close-quarters combat'' with Hezbollah forces. The announcement came hours before Israel's security Cabinet is expected to approve a ceasefire that would end nearly 14 months of fighting. Israeli airstrikes hit buildings near Beirut airport BEIRUT — Israeli jets Tuesday struck at least six buildings in Beirut's southern suburbs Tuesday, including one that slammed near the country's only airport. Large plumes of smoke could be seen around the airport near the Mediterranean coast, which has continued to function despite its location beside the densely populated suburbs where many of Hezbollah's operations are based. The strikes come hours before Israel's cabinet was scheduled to meet to discuss a proposal to end the fighting between Israel and Hezbollah. The proposal calls for an initial two-month ceasefire during which Israeli forces would withdraw from Lebanon and Hezbollah would end its armed presence along the southern border south of the Litani River. There were no immediate reports of casualties from Tuesday's airstrikes. EU top diplomat calls for urgent aid to Gaza FIUGGI, Italy — EU top diplomat Josep Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. ''The two-state solution will come later. Everything will come later. But we are talking about weeks or days,'' for desperate Palestinians, he said. ''Hunger has been used as an arm against people who are completely abandoned.'' It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court's decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel's closest ally, has called the warrants ''outrageous.'' Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. ''Like it or not, the International Criminal Court is a court as powerful as any national court,'' Borrell said. ''And if the Europeans don't support International Criminal Court then there would not be any hope for justice,'' he said. Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. ''The two-state solution will come later. Everything will come later. But we are talking about weeks or days,'' for desperate Palestinians, he said. ''Hunger has been used as an arm against people who are completely abandoned.'' It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court's decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel's closest ally, has called the warrants ''outrageous.'' Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. ''Like it or not, the International Criminal Court is a court as powerful as any national court,'' Borrell said. ''And if the Europeans don't support International Criminal Court then there would not be any hope for justice,'' he said. (edited)
Investigation into Liam Payne's tragic death intensifies with new CCTV footage analysisFrom a 10-year-old to a Muppet to a president-elect, NYSE bell-ringers range from famous to obscure
The safety followed coordinator D’Anton Lynn across town from UCLA, becoming a key Trojans playmaker for a coach with an uncannily similar personality.
When the Lufkin Panthers got the opportunity to host the Pineywoods Hoopfest, one of the biggest positives was bringing some big-time talent to deep East Texas. That proved to be a learning experience last year when the top competition led to two losses. This time around, the Panthers learned their lessons while winning. Austin Brown scored 21 points and put the game away with six straight fourth-quarter free throws and the Panthers fought their way to a 72-58 win over the 6A Converse Judson Rockets Tuesday afternoon. Brown had plenty of help in a team effort in a game the Panthers never trailed. B.J. Thomas scored 10 of his 15 points after the break, JaKevion Sanders had 14 and Brycen Skinner added 10. That allowed the Panthers to finish the Hoopfest 2-0 after Monday night’s win over Lake Travis. Elijah Favela led Converse Judson with 23 points while Jaylen Crittendon had 12. The Panthers set the tone for the afternoon with a game-opening 14-2 run. C.J. Burse got a breakaway dunk in the opening seconds before Sanders nailed a trey. After Judson’s Kenyon Smith scored on a tip-in, Brown hit a layup and two free throws and Sanders had a three-point play and a steal and layup to make it 14-2. The Rockets didn’t make things easy for Lufkin from there as they stayed within striking distance the entire afternoon. Three-pointers from Favela and Crittendon and a Gerald O’Neal basket cut the margin to six before Lufkin led 19-10 after the first eight minutes. That lead got cut to four points at 31-27 late in the second quarter on a Jordan Taylor trey. Lufkin answered with 3-pointers from Thomas and Marcellus Parks to up the margin back to double digits. The Panthers led 37-30 at halftime. The lead went back to double digits early in the second half when Sanders and Parks hit layups, but Judson didn’t go down easily, cutting the margin to 55-51 late in the third quarter. The Panthers led 60-53 headed into the final quarter. Things slowed down for both teams in the fourth quarter with Crittendon knocking down a triple that cut Lufkin’s lead to 64-58 with 3:28 remaining. That was the last time Judson scored. Brown iced the game from there with six straight free throws before Skinner got a steal and layup to close it out. Other Lufkin scorers were Parks (5), JaVarius White (4) and Tripp McManus (1). Lufkin (7-2) starts district play Tuesday when it hosts Whitehouse.Supporters of suspected CEO killer Luigi Mangione establish defense fund
Mumbai: The Insurance Regulatory and Development Authority of India (Irdai) is concerned over insurers' heavy dependence on parent banks for bancassurance sales and may come up with regulations to address it, according to sources. The regulator may ask life insurers to diversify their bank partnerships, curbing the dominance of parent banks, which in some cases contribute over 90% of total sales for their insurance subsidiaries. Insurers like Max Life , HDFC Life and SBI Life depend largely on their parent bank to sell products. The regulatory nudge is coming at a time when both the finance minister and Irdai chairman has expressed concerns over misselling of insurance products by banks. If a company relies on just one channel to sell insurance products, they may believe their business is doing well. However, regulators will monitor how things are going. It's important for the company to gradually reduce reliance on that one channel and start focusing on other ways to distribute their products, the source said. If implemented, the rules would follow stakeholder consultations and the issuance of an exposure draft, ensuring industry-wide feedback. 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Some insurers have diversified by investing in agency and digital channels. To bring down the reliance, the regulator has allowed open architecture where distributors can sell products of multiple life, general and health insurance. Nominations for ET MSME Awards are now open. The last day to apply is December 15, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )PARSIPPANY, NJ – November 25, 2024, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, announces the graduation of eight new technicians from its specialized Johnson Controls International (JCI) Academy program at the Denver, CO campus. This is the first group to graduate from the Denver location; the JCI Academy has also operated at Lincoln’s Columbia, MD campus since the Fall of 2022. Since the inception of Lincoln Tech’s partnership with JCI in 2018, more than 500 students have graduated from Lincoln schools and gone straight to work at JCI locations across the country. “Our partnership with Johnson Controls enables us to broaden our innovative training programs, providing graduates with hands-on experience and direct pathways to careers that align with market needs,” says Scott Shaw, Lincoln Tech’s President and CEO. “We are proud to contribute to building a future-ready talent pool that ensures the efficient and sustainable operation of our building systems.” The graduating class celebrated its milestone on Friday, November 15th at the Denver campus – when the ribbon was also officially cut on the Johnson Controls Academy classroom. The graduates – six of whom had previously attended Lincoln Tech, along with two current JCI employee who were advancing their skill sets – will move into positions at JCI branches in Alaska, Illinois, Kansas, Pennsylvania, Tennessee, Texas and Utah. As entry-level technicians, they’ll begin careers installing, troubleshooting, repairing and maintaining fire and security alarm systems on JCI-operated buildings. Marcus Biart, a graduate of the Electrical and Electronic Systems Technology program at Lincoln Tech’s Mahwah campus, enrolled in the JCI Academy to further his training and will go on to a position at JCI’s Fort Worth, TX location. “I’ve never experienced anything like this before,” he told his fellow graduates when speaking at Friday’s ceremony. “JCI’s instructors were willing to teach me, and I was eager to learn. Thank you for giving a young man like me a chance.” Mike Schade, VP of Human Resources at Johnson Controls, was among the speakers to congratulate the graduates on their successes. “You all wanted to do something unique and exciting with your life,” Schade said. You had a vision. And vision is an important word here – at Johnson Controls not only do we want to have great technicians and help build their careers, we want to help build the trades for our economy and our country. The work we do saves lives and saves the planet.” The JCI Academy at Lincoln Tech provides six weeks of intensive hands-on training designed to close the skilled labor gap and prepare future technicians for security and fire installation and service roles. On-site housing for the duration of the program and relocation expenses upon completion are supported by Johnson Controls. To ensure smooth onboarding, graduates of the Johnson Controls Academy receive support from a retention coach for one year post-graduation. The collaboration between Johnson Controls and Lincoln Tech began in 2018, enhancing classroom experiences with cutting-edge equipment and technology. Johnson Controls is dedicated to workforce development from the K-12 level and throughout employees' careers. Through the partnership with Lincoln Tech and initiatives like the Community College Partnership Program, STEM 101, and HVAC learning labs, Johnson Controls equips schools with vital resources to develop smart, healthy, and sustainable buildings, benefiting students along the way. There are more than 800,000 positions projected to open nationwide for electricians and electronic systems technicians by 2033*, according to the U.S. Department of Labor’s Bureau of Labor Statistics. * Career growth projections can be found at onetonline.org for the years 2023-2033 and are current as of November 18, 2024. ### About Lincoln Educational Services Corporation Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults career-oriented programs in five principal areas of study: automotive technology, health sciences, skilled trades, information technology, and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. Lincoln currently operates 22 campuses in 13 states under four brands: Lincoln Technical Institute, Lincoln College of Technology and Euphoria Institute of Beauty Arts and Sciences. Lincoln also operates Lincoln Culinary Institutes in both Maryland and Connecticut.For more information, go to lincolntech.edu . Contact Information Lincoln Educational Services Corporation Scott Watkins swatkins@lincolntech.edu About Johnson Controls At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social Platforms. Contact Information Johnson Controls International Kari Pfisterer (414) 217-1488 kari.b.pfisterer@jci.com Attachment Scott Watkins, VP Marketing Lincoln Tech 973.766.9656 Swatkins@lincolntech.edu