In recent times, streaming services have flooded viewer TV screens with new programming to attract new subscribers. But those subscribers are not sticking around, according to a new study from Antenna, a market intelligence company. It found that viewers who join a service to watch a new show also leave within a few months, "significantly faster" than the average streaming customer. However, the firm's conclusions about customer habits might be good news for The Walt Disney Company ( DIS ), which has a deep reserve of hit content that will increase customer stickiness to Disney Plus, its streaming platform. Key Takeaways A study by market intelligence firm Antenna found that viewers who sign up for a service to watch a new show also leave much faster than the average streaming customers. The study's results mean that streaming services will have to spend more to ensure a steady stream of content to add new viewers for revenue growth. Disney Plus might be well positioned … [Read more...] about Why Disney Plus Holds an Edge Over Other Streamers
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Shares for The Walt Disney Company ( DIS ) fell by almost 3% after analysts at investment firm Guggenheim Partners downgraded the stock over concerns for the company's future profit growth. Disney, which reports earnings on Feb. 9, closed trading at $155.44 on Jan. 13. As of this writing, the stock is changing hands for $151.13. Key Takeaways Disney stock is falling because it was downgraded to Neutral from Buy by investment firm Guggenheim Partners. The firm cited the threat of new COVID variants disrupting operations and the entertainment behemoth's increased content spend as reasons for its downgrade. Out of 17 analysts covering Disney, 14 have still rated it a Buy for 2022. Why Did Guggenheim Downgrade Disney? Analysts at Guggenheim downgraded Disney stock to Neutral from their earlier Buy rating. They also cut the firm's price target on Disney shares to $165 from $205 due to "broader business pressure." Elements of this pressure include higher wages … [Read more...] about Disney (DIS) Falls on Guggenheim Downgrade
Share to Twitter Share to Linkedin Alexandro Miro ’s resort collection has officially launched in time for all your vacation plans for summer 2022. The new line, appropriately named Island , comprises of the brand’s classics as well as gorgeous new shapes in the most delicious, resort-chic prints imaginable. This is the first time Alexandra Miro, the eponymous founder of the brand, has designed a collection very much focused on dresses. A personal favorite, the Celeste Dress offers a look that’s dramatic yet sophisticated — the maxi length combined with billowing volume and classic halter neck design screams old-fashioned Hollywood glamour. The mini version of the Celeste Dress enjoys a sweet silhouette that’s more playful and casual, with buttoning details to the front and back. The new collection also boasts elegant one-piece swimwear designs that can easily be paired with floor-sweeping silky dresses or palazzo pants for a romantic, beachside to … [Read more...] about Everything You Need To Know About Alexandra Miro’s New Season
Share to Twitter Share to Linkedin More than eighty percent of eligible voters turned out for the Philippines Presidential Election, and it looks a landslide victory for Ferdinand (Bongbong) Marcos Jr. While they are finishing the vote count, several media critics are already trying to punch holes in Bongbong’s stunning landslide victory. Some have pointed to the excesses of his father’s regime (of 36 years ago), while others have targeted his 92-year-old mother (Imelda). Some allege a closer friendship to China, but few have spent time examining the erosion of Philippine love for America – an important analysis for a former USA colony - where the average citizens really do love America. In bygone days, Capitol Hill pushed for closer ties with Manila but, sadly, the former pro-Philippine hawks have long since vacated the building. With Bongbong now on the rise, the U.S. Government is taking a fresh look at ways to improve the relationship. As everyone … [Read more...] about Retail’s Worry: As Philippines Trade Ramps Up – Will Bongbong Marcos Question America’s Love?
Share to Twitter Share to Linkedin Highway 1 is arguably one of the best road trips travelers can take in the United States. Along the way you’ll have the blue, and sometimes roaring, Pacific Ocean on one side, and verdant valleys or rugged cliffs on the other. It’s a beautiful contrast that must be experienced at least once in your lifetime, but there’s a very good chance you’ll fall in love with it and make a return visit. For those who haven’t done the route before, Big Sur is everyone’s go-to stop, but along the coast there are several other towns worth visiting. Three of those underrated destinations are Santa Cruz, Cambria, and Avila Beach. For your next vacation, whether you’re traveling with kids or with fellow adults, this trio of beach towns should be on your list. Below, a guide on what to do, where to eat, and where to stay in Santa Cruz, Cambria, and Avila Beach for your next Highway 1 road trip. Santa Cruz The best way to thoroughly enjoy … [Read more...] about Highway 1 Road Trip: What To Do In Santa Cruz, Cambria And Avila Beach
U.S. equity markets are falling, with the Nasdaq sinking deeper into correction territory as shares of streaming service providers drop. Key Takeaways U.S. equity markets are falling, on their way to further weekly declines, as the Nasdaq sinks deeper into correction territory. Shares of streaming service providers are dropping after Netflix reported slowing subscriber growth. Crude oil futures are falling for a second day. The yield on the 10-year Treasury note is sinking, now at 1.76%. Netflix, Inc. ( NFLX ) is the worst-performing stock in the S&P 500, with shares plunging on its slowing subscriber growth. The news is dragging down shares of The Walt Disney Company ( DIS ) and others in the online entertainment sector. Shares of smaller banks are continuing their week-long decline, led by Huntington Bancshares Incorporated ( HBAN ) following its earnings report. Shares of Intel Corporation ( INTC ) and other semiconductor companies are higher on … [Read more...] about Nasdaq Correction Deepens as Stocks Slide on Rate Concerns
Share to Twitter Share to Linkedin Actor and lifelong environmentalist Woody Harrelson has opened the doors of his dispensary in West Hollywood, California, called The Woods . The grand opening on May 13, 2022, included guests Bill Maher, Steven Gutenberg, and Harrelson dancing on a table to celebrate the evening. The dispensary was redesigned over two years by architect Thomas Schoos . The space is green and woodsy— true to its name—with trees on the interior, skylights, wooden displays, and an outdoor space that Harrelson hopes will be a consumption lounge in the near future. A ribbon-cutting ceremony drew crowds including Mayor Lauren Meister and Genevieve Morrill, the head of West Hollywood’s chamber of commerce. West Hollywood has been particularly welcoming to cannabis businesses and even recently dubbed itself The Emerald Village . Harrelson’s cannabis-centric weekend culminated when he was the recipient of The Emerald Cup’s Lifetime … [Read more...] about Woody Harrelson Talks Cannabis At The Woods Dispensary Opening
AIZA Seguerra (left) and Liza Diño get giggly at their “symbolic” wedding in Batangas on Thursday. INQSnap this page for more photos! SAN JUAN, Batangas—The bride, actress and beauty titlist Liza Diño, was aware enough to call it “a symbolic ceremony” rather than a wedding rite, since same-sex marriage is still not legal in the Philippines. But the giggles, tears and that final kiss were all heartfelt—as though Diño indeed got married to actress-singer Aiza Seguerra. The event, held in Kota Keluerga here in Laiya on Thursday afternoon, was witnessed by the bride’s parents, Martin Diño and Marissa Bautista, and the groom’s, Dick and Caring Seguerra, as well as over 500 relatives and friends. AIZA and her family (from right): Dad Dick, brother Juanchi and mom Caring US wedding The couple was first married on Dec. 8 in San Francisco, California, where same-sex marriage was legalized in June 2008 (retracted in November that same year, and resumed in 2013). “We’re doing … [Read more...] about Aiza Seguerra, Liza Diño wed a second time
Share to Twitter Share to Linkedin Neiman Marcus filed for C hapter 11 bankruptcy protection last week, and a lot of the blame was (rightly) put on the upscale retailer’s massive debt load though the Coronavirus was cited as the cause as well. But, another issue must be raised: Neiman Marcus long struggled to attract millennial and Gen Z consumers. Courting these two groups is key to any longstanding retailer’s existence. So how exactly did the Dallas-based retailer—more synonymous with lifestyle excess than today’s “woke” generation—fall short? Beth Goldstein, an industry analyst at the NPD Group, says Neiman Marcus isn’t alone. “Most department stores today have this challenge, especially at the high-end. Gen Z and Millennials are driven to specialty retailers and direct-to-consumer channels, both in-store and online,” she says, adding, “New brands born online offer great stories about function, sustainability, and convenience which captured their … [Read more...] about Neiman Marcus Needs To Court The Millennial And Gen Z Customer. Can It Succeed?
Share to Twitter Share to Linkedin Stores must understand the mood of today’s shopper in order to be successful. The mood has changed significantly in recent times, and retailers must evaluate how to shift shopping back to stores. It is more complicated than just trying to compete with the internet; the ‘does she still want to shop online’, or ‘does she want to go to a store?’ is only part of the challenge. The consumer’s urge to get out of the house is evident, and that provides an immediate opportunity for stores to find ways to tap into. For instance, shoppers for fashion often want to try on clothes and chose the right color, right fabric and have an assurance that it fits, and stores are set up to do that conveniently. In contrast, during the pandemic I am told that many customers forced to shop online bought two (or three) sizes to insure the proper fit. The rest were returned for credit. That process has hassles that an in-store shopper can avoid. … [Read more...] about Will Stores Be Successful During Inflation?