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How Is Kris Jenner as a Negotiator?
Bloomberg Originals· 2025-12-12 22:42
Business Development & Negotiation - The show was seeking a new home and received an offer from Disney and Dana Walden [1] - The move to Disney was seen as an evolution, potentially elevating the show and providing a different experience [1] - Kris Jenner is described as firm and direct in negotiations, knowing what she wants [1] - Offers were sometimes doubled during negotiation, indicating strong bargaining power [1]
From TikTok to Labubu: How Chinese Brands Are Going Global
Bloomberg Originals· 2025-12-12 09:00
Market Trends & Soft Power - Chinese soft power is emerging globally as China moves up the value chain [1][2] - Chinese companies are investing in overseas markets, similar to post-war American companies [3] - Chinese brands are winning over global consumers and changing perceptions [4] Company Performance & Expansion - Pop Mart's annual revenue has more than tripled since 2024, with overall sales growing as much as 250% [6] - Luckin became China's biggest coffee brand in 2023, surpassing Starbucks in sales revenue and store numbers, with three times as many stores in China as Starbucks as of October 2024 [9][10] - Meituan plans to invest $1 billion over the next five years to launch in Brazil [13] Challenges & Opportunities - Chinese companies face geopolitical uncertainties, including tariffs and data privacy scrutiny [15] - Factory deflation and intense competition in China are pushing companies to seek higher profit margins overseas [14][15] - Retention is a big issue for Shein and Temu, with Temu having a user retention rate in the 60% range compared to Amazon's 93% in the US [18][19] Consumer Behavior & Technology - TikTok has over 1 billion users worldwide, including over 170 million per month in the US alone, introducing a generation of young Americans to Chinese brands [7] - Approximately 40% of all retail payments in China are made using phones, indicating a mobile-first e-commerce environment [9]
How Disney Plans to Protect its Creations in the AI Era
Bloomberg Originals· 2025-12-11 19:03
AI Strategy & Implementation - The company is exploring AI's potential to reduce costs and improve efficiency in storytelling [1] - The company is collaborating with actors, writers, and directors to ensure AI respects human contributions to storytelling [1] - The company acknowledges the importance of protecting human contributors in the storytelling process [1] Content & Technology - The company views storytelling as fundamental to its brand, regardless of the technology used [2] - The company is considering AI-generated content and user-generated videos for Disney Plus [2] - The company recognizes that technology has consistently evolved throughout its history [2]
Theresa May on Vladimir Putin: 'I Was Not Going to Be Nice to Him'
Bloomberg Originals· 2025-12-11 15:04
International Relations & Security - The report indicates a state-sponsored assassination attempt on British soil using the nerve agent Novachok [1][2] - The incident led to a tense first formal meeting between the British Prime Minister and President Putin [2] - A British citizen's death resulted from the attack [3] Political Stance - The British Prime Minister expressed a firm stance against the Russian state due to the assassination attempt [2][3] - The report suggests that Vladimir Putin is resolute in his actions, seemingly unconcerned with external opinions [3]
Where Disney Is Heading In Its Next Century | The Circuit
Bloomberg Originals· 2025-12-11 09:00
Business Strategy & Market Position - Disney controls valuable IP and distribution channels, generating over $90 billion annually [2] - Disney's flywheel system translates entertainment IP into experiences and products, driving revenue across the company [11] - Disney aims to integrate its television business, serving fans across streaming and linear channels [12][13] - Disney is developing a super app to personalize the Disney Plus experience and reduce friction for users [33][34] Streaming & Content - Disney Plus launched with 10 million subscribers in the first 24 hours [9] - Disney's streaming business turned a profit for the first time in 2024, but remains behind Netflix [23] - Disney focuses on curating content rather than creating a "fire hose" of content [25] - FX's Shogun had 70% Japanese dialogue and became FX's biggest hit ever, signaling a move towards global and localized content [29][31] Leadership & Challenges - Declining revenues from traditional TV and movie theaters pose challenges as studios compete in the streaming market [4] - Political challenges have put Disney and its subsidiaries like ABC in the spotlight [4] - Disney is navigating succession planning, with Dana Walden as a potential candidate for CEO [5][46] - Disney is approaching AI in storytelling with actors, writers, and directors to protect human contributions [39]
Learning How to Dance Flamenco
Bloomberg Originals· 2025-12-10 16:08
Flamenco Basics - Flamenco utilizes a 12-beat rhythm, which is central to the dance form [1] - The 12-beat rhythm is considered unique to flamenco [1] - Flamenco rhythm can be challenging because many dances follow an 8-beat rhythm [2] Instruction and Collaboration - Luko, with 30+ years of flamenco experience, teaches the basics [1] - Adrienne collaborates with Luko as a dance partner [1]
Inside South Africa's Deadly Mine Disaster | Bloomberg Investigates
Bloomberg Originals· 2025-12-10 14:01
Industry Overview & Economic Impact - South Africa's gold mining industry is centuries old, but is currently in decline [1][21] - Illegal mining and gold theft have cost South Africa 41 billion Rand [2] - The South African government estimates losing potentially around 60 billion Rand in revenue due to illegal mining [4] - As of 2024, there are approximately 6,200 abandoned or derelict mines in South Africa [2] Illegal Mining & "Zama Zamas" - Illegal miners, known as "zama zamas" (meaning "try and try again"), enter abandoned mines to extract remaining deposits [3][4] - The majority of illegal miners are undocumented foreign nationals [10] - Illegal mining is considered a criminal activity and a war on the economy [2][8] - Some zama zamas are against formalization of artisanal mining, fearing reduced profits, while others simply want to be left alone due to government's failure to provide jobs [25] Government Response & Operation Vala Umgodi - Operation Vala Umgodi is a multidisciplinary law enforcement operation aimed at cracking down on illegal mining [4] - Vala Umgodi tactics include blocking routes used to deliver food to illegal miners [5] - The government initially refused to assist trapped miners, viewing them as criminals evading arrest [12][15] - The North Gauteng High Court ordered mine rescue services to begin operations to rescue illegal miners [17] Stilfontein Tragedy & Community Impact - The Stilfontein incident is described as a "massacre" due to the large number of deaths [1][16] - The architecture of the Stilfontein shaft, a two-kilometer drop with flooded tunnels, made escape difficult [7] - Community members stepped in to rescue illegal miners when the police refused [12][13][19] - The Stilfontein community experienced a shutdown of the local economy and is described as a "ghost town" [21] - There is anger and a desire for acknowledgement and compensation from the government for the loss of life [23][24]
The Authentic Ingredients in a Paella
Bloomberg Originals· 2025-12-09 17:32
Food & Beverage Industry - Paella Preparation - The document highlights the importance of using specific, local ingredients when preparing paella [1] - Deviation from traditional ingredients, such as using chorizo, results in the dish being referred to as "rice with things" instead of paella [2] - The document emphasizes the need to avoid improvisation and adhere to the traditional recipe, which includes Valencia rice, rabbit, chicken, and beans [2][3] Quality Control & Authenticity - The document stresses the importance of selecting the correct type of beans for paella, noting differences in texture and taste [3][4] - Using the wrong type of beans would be considered unacceptable [4]
The History of Barcelona's Eixample District
Bloomberg Originals· 2025-12-08 19:36
Urban Planning & Design Principles - The district of Isla features a grid of 520 square blocks, covering almost 8 square kilometers [1] - The urban planner aimed for a holistic city design, prioritizing the physical well-being of residents [2] - Ventilation was a key consideration, with building sizes adjusted based on the calculated air needed per person [3] - Road design prioritized safety by widening streets to accommodate pedestrians and carriages, based on accident records [4] - Chamfered edges were incorporated to ease the flow of carriages around corners [4]
Secrets of Spain | The Infinite Explorer with Hannah Fry
Bloomberg Originals· 2025-12-08 17:01
Cultural Contradictions and Regional Identity - Spain manages to be spectacularly at odds with itself, exhibiting both unhurried charm and a commitment to excellence [4][6] - Flamenco, born from hardship and exile, embodies this contradiction through its blend of precision and improvisation [6][14] - Spain is a collection of 17 autonomous regions, each with its own laws, parliaments, and presidents, reflecting a tension between unity and local pride [16] Geographical and Historical Influences - Spain's mountainous geography has historically isolated regions, fostering distinct identities and hindering invasions [18][20][21][22] - Valencia's fertile farmland, La Heurta (100 square kilometers), relies on an ancient irrigation system introduced by North Africans, highlighting the region's independent spirit [24][25][27] - The decision by Franco in 1940 to align Spain with Central European Time affects daily life, including late mealtimes [35][36] Traditions and Modernity - Silbo Gomero, a whistled language in La Gomera, demonstrates Spain's ability to preserve age-old traditions while adapting to modern communication [44][45][52] - Barcelona's urban planning, particularly the Eixample district (520 square blocks spanning almost eight square kilometers), showcases a blend of geometric discipline and social consideration [56][57] - The human towers (castells) in Tarragona exemplify local pride and collective passion, embodying Spain's contradictions on a grand scale [65][78] Economic Impact - Tourism in Barcelona brings in $14.5 billion a year, making it a cornerstone of the city's economy [54] - Valencia's irrigation system helps produce around 90% of Spain's entire rice output [28]