Business

TV News’ Dangerous Bet: Hedging on a Streaming Future

TV News’ Dangerous Bet: Hedging on a Streaming Future

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Business While touting new platforms (think: CNN+ or Fox Nation), top broadcast and cable executives are incentivized to protect the linear status quo, given that’s where the money is — even if it’s a rapidly declining business model. Does TV news have a future outside of the existing television ecosystem? The question is top of mind for news executives as the entertainment world dramatically shifts, with linear TV channels facing steady decline and streaming on the rise. In his 1991 book Three Blind Mice, Ken Auletta detailed how the rise of cable TV,…
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The 15 best virtual tour software for real estate to whip up more buyer interest

The 15 best virtual tour software for real estate to whip up more buyer interest

By Beth Townsend | JamesEdition.Com Troy Warren for CNT #RealEstate  #Business The future of property tours is virtual – are you ready? Two out of three people want more virtual tours according to certified Google Street View Trusted photography CPCP. Their survey found 67% of respondents want more business listings to have virtual tours. In real estate, virtual tours have become much more common as a result of COVID-19 but it’s a trend that is set to stay and has a real benefit for listings and attracting high-quality buyers and investors. Travel restrictions were a key driver behind virtual tour adoption,…
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5 reasons to become a nurse entrepreneur

5 reasons to become a nurse entrepreneur

By Nancy Clanton, The Atlanta Journal-Constitution Troy Warren for CNT #Health If you’re looking for a career change, this might be the right decision for you A recent survey by Hospital IQ, a provider of predictive hospital operations and communications software, found 90% of respondents said they’re considering leaving the nursing profession in the next year. Additionally, 71% of RNs with more than 15 years of experience were considering leaving as soon as possible or in the next few months. If this sounds like you, consider taking the nurse entrepreneur route. “From working as a consultant for medical malpractice law firms to…
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U.S. jobless claims plunge to 199,000, lowest in 52 years

U.S. jobless claims plunge to 199,000, lowest in 52 years

By PAUL WISEMAN, Associated Press Troy Warren for CNT #Business WASHINGTON — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign the U.S. job market is rebounding rapidly from last year’s coronavirus recession. Jobless claims dropped by 71,000 to 199,000, the lowest since mid-November 1969. The drop was much bigger than economists expected. The four-week average of claims, which smooths out weekly ups and downs, also dropped — by 21,000 to just over 252,000, the lowest since mid-March 2020 when the pandemic slammed the economy. Since topping…
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Dollar Tree makes it official: Items will now cost $1.25

Dollar Tree makes it official: Items will now cost $1.25

By The Associated Press Troy Warren for CNT #Business NEW YORK — Faced with the rising cost of goods and freight, discount retail chain Dollar Tree said Tuesday it will raise its prices to $1.25 for most of its products. Dollar Tree said the reason for raising its prices to $1.25 was not due to “short-term or transitory market conditions” and said the price increases were permanent. The higher prices will also allow the company to cope with high merchandise cost increases as well as higher operating costs, such as wages, it said. “(Dollar Tree) believes this is the appropriate time…
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Hollywood Warms to Saudi Arabia’s Money Again

Hollywood Warms to Saudi Arabia’s Money Again

BY TATIANA SIEGEL, ALEX RITMAN | HollywoodReporter.Com Troy Warren for CNT #Entertainment #Business It wasn’t too long ago that power brokers rushed to distance themselves from the country after the killing of columnist Jamal Khashoggi. Now it’s hosting a star-studded film festival and backing big-budget features with U.S. talent. In April 2018, Hollywood power players gave the royal treatment to Saudi Arabia’s Crown Prince Mohammed bin Salman, jockeying for a chance to tap into the country’s $500 billion Public Investment Fund and expanding market share. But in the wake of the murder of Washington Post columnist Jamal Khashoggi six months later —…
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Target to keep stores closed on Thanksgiving for good

Target to keep stores closed on Thanksgiving for good

By ANNE D'INNOCENZIO, Associated Press Troy Warren for CNT #Business  NEW YORK — Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pandemic. To limit crowds in stores, retailers last year were forced to turn what had become a weekend shopping blitz into an extended event, with holiday sales beginning as early as October. That forced shift appears to have been fortuitous. U.S. holiday sales last November and December rose 8.2% in 2020 from the previous year, according to The National Retail Federation,…
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Paramount Cuts 44 Roles Amid Restructure of Marketing Team

Paramount Cuts 44 Roles Amid Restructure of Marketing Team

BY MIA GALUPPO | HollywoodReporter.Com Troy Warren for CNT #Business The studio is streamlining its domestic and foreign marketing operations under the leadership of Marc Weinstock. On Nov. 15, Paramount Pictures tapped worldwide marketing and distribution president Marc Weinstock to run one unified division, which will handle all global efforts. As a result of the reorganization, 44 positions have been eliminated across the marketing and distribution departments. In a memo to staff Wednesday, Weinstock explained, “We’ve had to make the difficult decision to eliminate some positions across the domestic and international marketing and distribution divisions. Internationally, as the new organization will also support…
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‘Walking Dead’ Profit Litigation Has Surprising New Chapter

‘Walking Dead’ Profit Litigation Has Surprising New Chapter

BY ERIQ GARDNER | HollywoodReporter.Com Troy Warren for CNT #Business A new lawsuit is filed as AMC aims to move the fight into a secretive proceeding over whether Robert Kirkman and others get boosted profits thanks to the Frank Darabont settlement. Four months after AMC came to a $200 million settlement with Frank Darabont over profit claims for Walking Dead, the dispute has taken a surprising new turn with a new lawsuit filed Thursday in federal court. AMC apparently demands arbitration with Walking Dead creator Robert Kirkman and other executive producers of the hit zombie show. After many years in open court, the Kirkman gang…
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How Jaanuu founder Neela Sethi Young filled a gap in women’s scrubs

How Jaanuu founder Neela Sethi Young filled a gap in women’s scrubs

By Kiersten Willis, The Atlanta Journal-Constitution Troy Warren for CNT #Business  #EditorsPicks When you think of scrubs, “fashion” isn’t usually what you associate with them. A Google search for “scrubs” will also reveal a “People also ask” result for “How do nurses look cute in scrubs?” It turns out Los Angeles-based pediatrician Dr. Neela Sethi Young has the answer to that. She co-founded the medical apparel company Jaanuu in 2012 with her brother, Sean Sethi. It was launched in an effort to “reimagine the multi-billion dollar medical apparel market via the industry’s first contemporary, antimicrobial-finished products,” according to her LinkedIn page. Sethi Young…
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