Hey Snackers,
Shake Shack's secret Game of Thrones menu pro tip: Order in Valyrian, ~~kill~~ splurge on the chocolate Dragonglass shake.
Markets barely budged Thursday as investors prepped for big bank earnings and 10:1 odds Tyrion Lannister sits on the Iron Throne.
Tinkerbell trained two years for this... Disney finally announced details on "Disney+," its streaming video service to take on Netflix. Disney blasted the audience at its Apple-esque unveil with its magical advantage: Its "treasure trove" of movies. Here are the details:
Gold, silver, and bronze... Now that Disney's acquired 21st Century Fox, it owns the top three box-office films from 2016 and 2018. And it had 2017's top two. Imagine the binge-worthiness of Disney+:
Nostalgia vs. New... Disney's fighting Netflix with all the old DVDs and classic titles that Netflix execs probably grew up loving. When D+ rolls out, Disney will remove all its content from Netflix. Then it's Disney's billion-dollar branded movies/series vs. Netflix's never-heard-of-but-my-friends-say-it's-awesome original content.
"We do the right thing. Period."... Bold opening pitch by Dara Khosrowshahi, CEO of Uber. The IPO paperwork filed Thursday revealed its financials, risks, opportunities, and a bunch of missions and values. These 420 pages are its most official step yet to become publicly traded, and the IPO ETA is early May.
312... That's how many times we counted "ride-sharing" in the filing. It's technically "ride-hailing" – And the word choice was a calculated (and not quite accurate) move. Here's what else we noticed:
Spoiler Alert: "We may not achieve profitability"... Uber lost $10B in the past three years as it's fought viciously with Lyft for market share. For Uber to reach profits, it'll need to make some changes.
All latte highs come to an end... That's the message from a Morgan Stanley analyst who downgraded K-Cup icon Keurig Dr. Pepper. Shares fell 4% after he said the single-cup coffee's explosive growth era is ending. Blame Keurig's patent expiration and competition from Nespresso.
You take that mid-week cosmo shaken or stirred?... Cocktail mixing is now automated thanks to the recently-announced Keurig "Drinkworks" machine. It's a joint venture with Bud-owner AB-InBev, but the partnership is a result of both companies' insecurity: slowing growth.
The "razor and blades business model" isn't working here... That's when you sell one cheap item (razor) then make money off expensive refills (razor blades). Or your printer and its absurdly-priced ink. Keurig embraced the same model, but fresh competition makes its "cheap" entry pod machines too expensive to ever start.
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