Since its release two months ago, the Disney+ mobile app has been downloaded 41 million times across the App Store and Google Play, generating almost $100 million in user spending, according to a study by SensorTower Inc. That’s four times as much as the HBO Now app earned in its first two months.

Disney investors cheered the SensorTower report on Tuesday, sending the shares up 2% to $146.72 in New York. Still, the data isn’t comprehensive. It excludes many of the devices that viewers use to watch Disney+ — such as Roku, gaming consoles or Amazon Fire TV — meaning it only captures a fraction of the revenue Disney is generating from streaming.

Priced at $7 a month, Disney+ is a bet that the company can attract as many as 90 million subscribers worldwide in five years. It’s relying heavily on original programming aimed at an existing fan base, such as “The Mandalorian, the first live-action “Star Wars” series. It also includes a library of past Disney hits.

Disney+ benefited from launching in several countries, unlike the initial launch of HBO Now. But even just measuring U.S., the app racked up 34.3 million downloads and $81.5 million. About 85% of downloads have been in the country, with the remainder spread across Canada, Australia, New Zealand and the Netherlands.

Netflix Inc. remains the dominant paid streaming platform, with 150 million subscribers globally. And it’s hard to compare Disney+’s success with the early days of Netflix and other longstanding service such as Hulu because they were trailblazing a new industry.

“Netflix and Hulu had to feel out the market in their early days, adjusting their strategies over time,” Sensor Tower said in a blog post. Disney+ “has been able to employ its predecessors’ learnings for success early on.”

“Climate change has become a defining factor in companies’ long-term prospects,” BlackRock chairman and chief executive Larry Fink said in his annual letter to CEOs. “But awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance.” In a separate letter to investors, BlackRock announced it would exit investments with high environmental risks, including thermal coal, and launch new investment products that screen for fossil fuels.

The nation’s largest financial institutions are under increasing pressure from investors, activists and some political leaders for their tepid response to climate change, even as the Trump administration has systematically rolled back environmental regulations to promote economic growth.

BlackRock oversees an industry-leading $7 trillion in assets, and its pivot is sure to be closely watched by its competitors – Vanguard, T. Rowe Price and JPMorgan Chase among them – and the rest of corporate America. In interviews, Fink said the science behind climate change is pushing clients to reassess their long- and short-term investments.

“Will cities, for example, be able to afford their infrastructure needs as climate risk reshapes the market for municipal bonds?” Fink wrote in his CEO letter. “What will happen to the 30-year mortgage – a key building block of finance – if lenders can’t estimate the impact of climate risk over such a long timeline?”

He said the risks posed by climate change are the most significant he’s seen in four decades of finance. Fink, a Democrat, said he wasn’t acting as an environmentalist, but as a capitalist with a responsibility to clients and investors.

“We don’t have a Federal Reserve to stabilize the world like in the five or six financial crises that occurred during my 40 years in finance,” Fink told CNBC. “This is bigger, it requires more planning, it requires more public and private connections together to solve these problems.”

Earlier this month, BlackRock joined Climate Action 100+, an investor initiative to ensure the world’s largest corporate emitters of greenhouse gases act to lessen their carbon footprints. BlackRock joined more than 370 global investors, a group that collectively manages more than $41 trillion in assets.

Ceres, a sustainability nonprofit has ranked BlackRock 43rd among 48 asset managers based on its history of backing few climate-related proposals from shareholders. But the group appeared encouraged by Fink’s letter.

“BlackRock is now throwing their weight behind what already exists – a global movement to really addressing sustainability in portfolios,” said Kirsten Snow Spalding, senior department director of Ceres’ investor network. “They’re not the first to the party, but just adding their weight is critical.”

Fink said he has increasingly heard from clients worldwide who want to factor climate change into their investment portfolios. And he said that he expects a marked generational change as young people increasingly focus on sustainable investing.

Fink said financial investing with have to play a role in “a huge energy transition” over the coming decades. That includes weighing whether fossil fuels, for example, are a good investment both today and 10 years down the line.

“We need to have an organized plan,” Fink told CNBC. “We are not running away from hydrocarbons. We believe they play a role. We believe natural gas plays a very large role in the energy transition. We believe this is a process.”

Under the Entertainmerce, RS will continue to create synergy of all its strengths to drive the growth of its commerce business.

To be a data-driven company, data from entertainment customers, from its TV and radio audience to more than 100 million followers in its social media accounts will be linked to RS’s commerce business, creating immense big data.

The company identifies that this is a factor that can generate growth and future opportunities in offering new products and services to customers as well as other business areas.

The company has invested in modern technologies and experienced teams to drive business growth.

On strategic partnership, RS will join forces with partners to generate growth and sustainability.

In addition to growing sustainably in all businesses, merger and acquisition is another important strategy to expand the company’s ecosystem rapidly in order to generate business value, competitiveness and long-term sustainability.

This brings the number of companies picking up the documents to five.

TrueMove H Universal Communication, the mobile-phone unit of True Corp, was the first company to pick up the documents, on January 3, a day after the NBTC made the documents available.

Dtac TriNet Co Ltd, a subsidiary of Total Access Communication (DTAC), picked up the bid documents on Wednesday, followed by state firms TOT and CAT Telecom.

The documents will be available until February 3 and bids must be submitted on February 4.

The NBTC will auction the 700 megahertz, 1800MHz, 2600MHz and 26 gigahertz spectrum licences.

Garman will report to Jassy.AWS’ previous marketing chief, Ariel Kelman, is leaving the company to “pursue another endeavor,” Jassy said in the note. He’ll take the top marketing post at Oracle Corp., said a person familiar with the move. An AWS spokesman declined to comment, and Kelman didn’t respond to a message seeking comment. CNBC reported his move to Oracle earlier Monday.Garman last month was named to Chief Executive Officer Jeff Bezos’s strategy-setting S-team, evidence of AWS’ growing importance to the e-commerce and technology company.

Garman previously ran the engineering teams responsible for Amazon’s rented computing power services, including the company’s foray into selling server racks to businesses. He joined Amazon in 2006, the year AWS launched its first major services, after finishing business school. Today, AWS is the biggest provider of rented infrastructure and data storage services; in the last 12 months the unit generated 12% of Amazon’s revenue and a majority of operating income.

Rachel Thornton will take over Kelman’s duties. She, Teresa Carlson and Mike Clayville, leaders of AWS’ government and business sales groups, respectively, will report to Garman.

The S-team sets the Seattle company’s corporate priorities and features a powerful contingent of AWS executives, including Jassy, Charlie Bell, who oversees core engineering efforts, and Peter DeSantis, who leads data center infrastructure teams.

Amazon doesn’t comment publicly on the composition of the S-team, which is said to include about two dozen executives. The company has been criticized for a c-suite that skews whiter and more male than Amazon’s workforce and customer base.The reorganization announced Friday also included a promotion for the leader of Amazon’s machine learning efforts. Swami Sivasubramanian will report to Bell. Previously, he reported to one of Bell’s deputies, Raju Gulabani, who leads AWS’ database engineering teams.

Protesters are already preparing to disrupt the opening of Uniper SE’s Datteln-4 plant in June and could turn the utility into the latest flash point in Germany’s increasingly fractious debate about the fossil fuel that still generates about a third of the country’s electricity. The conflict could threaten Chancellor Angela Merkel’s climate legacy as German emission targets lag following a decade of record renewable energy investments.

Merkel is trying to build consensus this week over a 2038 exit date for coal and heal widening rifts between industry and environmentalists. Government officials and company executives will meet for another round of talks Jan. 15 in Berlin, where they’ll discuss compensation for abandoning coal. Uniper is keen for its plant to become one of the nation’s last operating coal facilities.

“It’ll be an own goal for Uniper to open it,” said Dirk Jansen, an official at the environmental group BUND Friends of the Earth Germany.

The 1.5-billion euro ($1.7 billion) Datteln-4 plant, outside Dortmund in western Germany’s industrial heartland, is already nine years late and over budget because of defects that delayed its connection to the grid.

Climate activists aren’t buying the utility’s arguments that the new facility burns cleaner than older models it plans to retire and wants the plant shuttered before it ever operates.

In the year since a German panel of industry and environmental experts recommended Europe’s biggest economy stop using coal, talks have focused on compensation that utilities are seeking in return for closing plants. That could be changing, however, as activist investors and funds pressure companies to reduce emissions.

Uniper’s fifth-biggest shareholder, Blackrock, added some $7 trillion of heft to a group of investors on Friday that’s pressing the world’s biggest emitters to change their ways. The addition of the world’s largest fund manager is a significant milestone for the Climate Action 100+ group, which advocates for emissions transparency and climate action.

Uniper argues the facility is more efficient than existing coal plants, and therefore more environmentally friendly, adding it should run to close to the 2038 exit date.

“There is understanding from the government that it makes sense to turn on the most efficient plant,” Uniper CEO Andreas Schierenbeck said in an interview with Bloomberg in November. Despite faltering economics for coal, the company said last year that Datteln-4 would be a “significant earnings contributor once up and running.”

Others say that logic is flawed and raises questions about whether Merkel’s government is serious about making up lost ground on its lapsed climate targets.

Connecting the 1,100-megawatt plant to the grid would undermine “the credibility of the coal commission,” said Claudia Kemfert, a professor for energy economics at the DIW in Berlin.

A report in the Rheinische Post newspaper on Wednesday said Uniper was proposing to shutter all its remaining coal plants or convert them to gas in order to let Datteln-4 open – the company is undertaking a gas conversion project at its Scholven plant near Cologne, with the aim of the site producing electricity from gas by 2022.

The proposal would include, however, closing or converting a 747-megawatt coal plant in the North Sea port of Wilhelmshaven, commissioned in the mid-70s, according to an official from the port’s home state of Lower Saxony who asked not to be identified as the plan isn’t yet sealed.

The federal government last year approved 40 billion euros in aid to Germany’s four main coal regions to cushion the structural impact of plant closures, a financial facility that would potentially cut Uniper’s costs in closing its coal plants.

If Uniper reaches an agreement that allows Datteln-4 to open, it won’t be the end of the matter. On Thursday, Luisa Neubauer, 23, Germany’s answer to Swedish climate protester Greta Thunburg, called on the Fridays for Future movement to target the plant and demand the government close it, underscoring the challenge facing fossil fuel operators in increasingly environmentalist Germany.

The German Green Party also said it would seek to review the status of the plant if it gets into government, a scenario deemed almost certain by pollsters due to German coalition mathematics.

“It cannot be that Germany’s coal exit will be marked by the opening of one of the biggest coal-fired power stations in Europe,” said senior Green Party politician Oliver Krischer in an email to Bloomberg.

(Michael Bloomberg, the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News, has committed $500 million to launch Beyond Carbon, a campaign aimed at closing the remaining coal-powered plants in the U.S. by 2030 and slowing the construction of new gas plants.)

“We’re willing to walk away from any mall at this point,” Abercrombie Chief Financial Officer Scott Lipesky said Monday at the ICR Conference in Orlando. “For us, it’s about getting the right store in the right location at the right size.”

The teen retailer, which owns Abercrombie and sister brand Hollister, is looking to make many of its existing shops smaller and cut square-footage as shoppers flock online. As of November, Abercrombie and Hollister had 677 stores across the U.S. Chief Executive Officer Fran Horowitz said Monday that continuing to adjust the stores’ footprint will be her top priority for the company this year.

Abercrombie shares jumped as much as 6.9% in New York Monday, the biggest intraday climb in more than four months. The stock declined 14% last year.

Across the industry, retailers are aggressively paring their store fleets, seeking both fewer and smaller ones. A total of 7,600 stores in the U.S. closed in the first nine or so months of last year, according to a report from Credit Suisse, which predicts closings may worsen in 2020. Abercrombie & Fitch has closed about 500 stores over the past decade.

Every two years, Abercrombie has about half of its leases for the U.S. come up for renewal, Lipesky said. Abercrombie is one of the few retailers willing and able to invest in its shops, as the brands conduct remodels on dozens of locations across its store network, he said. Meanwhile, e-commerce improvements have let the retailer expand online sales to about 30% of its business, making it less reliant on malls.

As it negotiates with shopping center landlords, management is also trying to get rid of the company’s flagship stores, large locations that are typically on tourist shopping streets. Last year, it closed flagships in New York, Milan and Fukuoka, Japan. The company began 2019 with 19 flagships around the world and hopes to reduce that number to just 12 by the end of this year as leases expire.

“The customer has changed so dramatically,” said Lipesky. “We don’t have a need for these large stores long-term.”

The Swedish investor, which became the biggest owner in struggling Norwegian sports retailer XXL ASA last year, has so far racked up losses on its investment as the entire industry suffers from fierce competition from web-based sales and a mild winter. But Altor is aiming to turn the company around and says the market will improve.

“XXL is by far the best platform in the Nordics,” Hugo Maurstad, partner at Altor Equity Partners AS and chairman of XXL, said by phone. “It’s an attractive opportunity.”

The Oslo-based retailer just filed its second profit warning since October and had to seek looser loan terms and raise capital last year, allowing Altor to raise its stake to 20%. By the end of last week, the stock had dropped almost 90% since a peak in 2016, and most analysts still recommend clients sell the share.

Altor bought about 10 million shares at 25 kroner apiece in June, according to a company announcement, before adding about 17 million more at 15 kroner a share in a placement later. Those shares have lost about 120 million kroner ($13 million) in value since, even after the stock jumped on Monday, according to Bloomberg calculations.

“Market conditions are challenging,” Maurstad said. “A lot of the capacity taken out of the market has been much smaller stores. But several major players are adjusting and reducing capacity. That will have to happen in some shape and form.”

XXL rose as much as 11% on Monday, after local newspaper Dagens Naeringsliv reported the chief executive officer of tanker company Frontline Ltd., Robert Hvide Macleod, has built a holding of 600,000 shares in the retailer.

Beyond capacity adjustments, Altor is betting XXL can revitalize its stores. The company has hired a new chief executive officer, the outgoing CEO of discount retailer Europris ASA, Pal Wibe, to lead the effort. XXL wants to make the stores “more fun,” betting that sports and leisure is one area where the physical world will keep an edge over digital sales, Maurstad said.

“We’re talking about your hobby — you’re not going there to get milk and bread,” he said. “I don’t think brick and mortar retail will be gone.”

Maurstad sees an upside for lifestyle-oriented companies as Scandinavians live longer and get richer. Altor, which manages about 8.3 billion euro ($9.2 billion), is also invested in fitness chain Sats ASA and Nordic Leisure Travel Group, the former Nordic business of Thomas Cook.

Norwegians may be known for their love of the great outdoors, but their country is also western Europe’s biggest oil and gas producer. That’s an area Altor isn’t as excited about.

Investors, energy companies and policy makers worldwide are grappling with how to adapt to climate change and oil industry valuations, especially service providers, have yet to recover from the market slump in 2014-2017. Altor last year exited its stake in Spectrum ASA, a seismic data company that helps oil companies find deposits under the seabed, and isn’t about to get into new investments in Norway’s oil and gas industry.

“We’re very careful with new investments in that sector,” Maurstad said. “Because with the negative view on the industry long term, we are worried about the exit multiples. And that makes it difficult to make the cases work with our return targets.”

“After thorough evaluation SIE has decided not to participate in E3 2020,” a Sony Interactive Entertainment spokesperson told GamesIndustry.biz. “We have great respect for the ESA as an organization, but we do not feel the vision of E3 2020 is the right venue for what we are focused on this year.”

The news comes on the heels of several rough news cycles for E3 and the Entertainment Software Association (ESA), the organization that hosts the event. PlayStation first skipped the event in 2019, raising questions about E3′s viability, and its utility to the video game industry. Other developers and publishers, such as Nintendo and Electronic Arts, have foregone the event in the past, opting instead to host livestreams and events of their own, or seeking programming opportunities outside of E3.

In August of 2019, it was also revealed that the ESA was hosting sensitive information – including phone numbers and home addresses, among other data – belonging to over 2,000 content creators and journalists in an excel spreadsheet that was accessible to anyone with a direct link. In 2019, E3 attendance fell to approximately 66,100, compared to 69,200 attendees in 2018.

Sony saw great success during its performance at E3 2013, where the company drew a sharp contrast between its PlayStation 4 console and Microsoft’s Xbox One, which was mired in a controversy over used games.

However, in 2019, Sony’s began distancing itself from the event. It explained its absence from the trade show by suggesting it was seeking new, more innovative ways to engage with fans: “PlayStation fans mean the world to us and we always want to innovate, think differently and experiment with new ways to delight gamers. As a result, we have decided not to participate in E3 in 2019. We are exploring new and familiar ways to engage our community in 2019 and can’t wait to share our plans with you.”

This year’s announcement was more vague. “We will build upon our global events strategy in 2020 by participating in hundreds of consumer events across the globe,” an SIE spokesperson told GamesIndustry.biz. “Our focus is on making sure fans feel part of the PlayStation family and have access to play their favorite content. We have a fantastic lineup of titles coming to PlayStation 4, and with the upcoming launch of PlayStation 5, we are truly looking forward to a year of celebration with our fans.”

Lannan “LazarBeam” Eacott, Elliott “Muselk” Watkins and Rachell “Valkyrae” Hofstetter together boast 21 million YouTube subscribers. LazarBeam, with 12.3 million, and Muselk, with 8.1 million, are both prominent YouTube creators who have focused on Google’s platform. Valkyrae primarily streamed on Twitch, amassing almost a million followers there. She also is nearing a million subscribers on YouTube.

Although they play many other games, all three are prominent Fortnite creators. LazarBeam and Muselk’s contracts were brokered through talent agencies WME, which also represents NFL and NHL talent, and Click Management, while Valkyrae’s was brokered by UTA.

LazarBeam is just starting out on YouTube streaming, and said he hopes to show a “different side of himself.” He and Muselk are celebrating the contract with a 12-hour charity livestream Monday to raise a million dollars for the Australian bush fire crisis.

Valkyrae is the first woman to join esports group 100 Thieves, and gained attention when she attended the Fortnite Pro Am Tournament at last year’s E3 event. She said she hopes to use YouTube’s global reach to “translate the importance of mental and physical well-being.”

The move is yet another in an ongoing talent bidding way, primarily between YouTube, Mixer, Facebook and Twitch. Microsoft’s Mixer platform kicked off the trend by signing on streaming’s biggest personality, Tyler “Ninja” Blevins, to what is believed to be a multimillion-dollar contract. Terms of the recent YouTube contracts were not disclosed.

This isn’t YouTube’s first contract. In November, Google locked in Jack “CouRage” Dunlop, who left behind 2.1 million Twitch followers, and now has 1.9 million YouTube subscribers.

The continued signing of popular personalities signals that when it comes to platform features, content is now taking precedence, according to Doron Nir, CEO of streaming platform StreamElements, which releases quarterly reports of the streaming market.

“The benefit of having a large diverse stable of press-worthy marquee streamers is that it is the most effective way to attract new viewers, creators and brands,” Nir said. “The key moving forward will be long term commitments to top talent and working with third party developers to ensure their influencers have the best production, monetization and engagement tools to optimize their channels.”