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Famed Australian children's band, The Wiggles, will be headlining an upcoming dance festival for kids this summer. Anthony, John, Tsehay and DJ Dorothy will be performing at the Sound System Dance Party at Baypark Arena on January 5. Event promoter Mitch Lowe says there's a market for events catering to younger audiences. "The reception's been crazy - we've had 500 people sign up in the last 3-4 hours." LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Jefferson County Commission has expanded its support for the Osprey Initiative to $125,000 a year for three years, to support the instillation and maintenance of 5 Litter Gitters across Jefferson County to help reduce the amount of litter. Listen to Hana Berres, Education Coordinator with the Jefferson County Stormwater Program and Mitch Lowe with the Osprey Initiative talk about how the Litter Gitter's work to keep the County Clean.Have an idea for a County podcast? Contact the Director of Public Information, Helen Hays at haysh@jccal.org
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Viva Racing's Mitch Lowe on Giddy Up (02/02/24) Learn more about your ad choices. Visit megaphone.fm/adchoices
The Trust Doctor: Restoring Trust & Enriching Significant Relationships
Today I'm joined by Mitch Lowe, the visionary behind giants like Netflix, Redbox, and the ambitious MoviePass. From the inception of streaming to the challenges of rapid business growth, Mitch shares invaluable insights from his illustrious career. Discover the significance of fostering direct customer relationships and the intricacies of navigating a fast-paced entrepreneurial landscape.
I sat down with Mitch Lowe who runs The Unbreakable Man Retreats https://unbreakableman.com.au/ and a common theme which came up was to stop being the long wolf (hint you're not a lone wolf) and put your hand up to accept the assistance that's out there. Programs, Mentoring, Coaching, Youth Development and more .... LINKS TO CONNECT WITH GLENNSee omnystudio.com/listener for privacy information.
Mitch Lowe (@mitch__lowe) is a co-founding executive of Netflix, the former CEO of MoviePass, the former president of Redbox, and the author of Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass ? Lessons in Disruption. [This is part two of a two-part episode. You can find part one here!] What We Discuss with Mitch Lowe: How Netflix tested, marketed, and made its DVD-by-mail service work at a time when the profit margins were low and its brick-and-mortar competition was high. How Redbox DVD rentals filled a consumer niche between Netflix and Blockbuster — and was so successful that one machine was being installed per hour for every hour of the day, three years in a row! Redbox's loss-prevention and cost-capturing strategies for what were essentially unstaffed video vending machines in operation 24/7. Obstacles Netflix and Redbox faced from business interests entrenched in the status quo (and how they were overcome). Why Mitch once faked a heart attack to get out of a meeting with Walmart executives. And much more... Full show notes and resources can be found here: jordanharbinger.com/787 This Episode Is Brought To You By Our Fine Sponsors: jordanharbinger.com/deals Sign up for Six-Minute Networking — our free networking and relationship development mini course — at jordanharbinger.com/course! Like this show? Please leave us a review here — even one sentence helps! Consider including your Twitter handle so we can thank you personally!
Mitch Lowe (@mitch__lowe) is a co-founding executive of Netflix, the former CEO of MoviePass, the former president of Redbox, and the author of Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass ? Lessons in Disruption. [This is part one of a two-part episode. Be on the lookout for part two later this week!] What We Discuss with Mitch Lowe: How Mitch's first entrepreneurial adventure involved peddling blacklight posters in Europe at the behest of a shady character by the name of Funky Sam. What Mitch learned from befriending people on both sides of the conflict in Israel while living there in the '70s. How Mitch got deported from Egypt as a spy and accidentally witnessed something he shouldn’t have. How Mitch's terrible investment in a video store led to innovations that would make Netflix — the company he co-founded — wrench domination from entrenched rivals in the video rental industry. Did Mitch really fake a heart attack to get out of a meeting with Walmart executives? And much more... Full show notes and resources can be found here: jordanharbinger.com/786 This Episode Is Brought To You By Our Fine Sponsors: jordanharbinger.com/deals Sign up for Six-Minute Networking — our free networking and relationship development mini course — at jordanharbinger.com/course! Like this show? Please leave us a review here — even one sentence helps! Consider including your Twitter handle so we can thank you personally!
November 30, 2022 Netflix, RedBox Exec Mitch Lowe and Geofencing Marketing Justin Croxton
In this week's episode, I will be sitting down with you guys, answering some of the questions that you guys asked on Instagram. I always open a space for everyone to ask me questions on Instagram every Wednesday so if you have a question in mind, be sure to send it over my way! But that aside, I'm so excited to be answering your questions. They range from work related to personal questions so join me now to find out! Links: Allied Independence, Website | Instagram | Facebook Good Notes, App The Watch and Learn How I Turned Hollywood Upside Down with Netflix, Redbox and MoviePaths, Lessons in Disruption by Mitch Lowe, Book Body Keeps the Score by Bessel van der Kolk, Book
MoviePass took off like a rocket when it unveiled a $9.95 monthly service in 2017 that allowed customers to see a movie a day in theaters. But its crash was just as spectacular as its rise. Now, the service is coming back under new management. Mitch Lowe, the former CEO, talks about what went wrong. Further Reading: - It's a Wrap: MoviePass Ends Theater Subscription Service - MoviePass Is Making a Comeback With Plans From $10 to $30 a Month Further Listening: - The Fundamental Flaw (and Alleged Deception) of MoviePass Learn more about your ad choices. Visit megaphone.fm/adchoices
Mitch Lowe has been a significant disruptor of Hollywood's distribution models over the past two decades, promoting all-you-can-eat subscription models on personal devices and at the box office. Netflix famously redefined consumer video distribution while Movie Pass infamously imploded in 2019. Today, Mitch speaks openly with James about why his companies ended up on their trajectories while describing the analytics that factor into their business plans.For a deeper dive into the dramatic evolution of the entertainment business, read or listen to Mitch's new memoir: Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass―Lessons in DisruptionOther topics include:How Netflix's DVD queue saved the company (11:12)The genius of Netflix's auto-play feature (12:46)Content business models: ad sales vs. subscription (14:29)What led to Movie Pass' downfall? (17:46)Movie studios' stranglehold on movie theater pricing models (21:52)How Movie Pass used 'the float' in its business operations (29:22)The cost of acquiring digital distribution film rights (33:44)When does streaming become a commodity? (38:01)What will Netflix do to overcome the commoditization of the streaming market? (39:47)TikTok's algorithm vs streaming services (52:26)(Editor's note: Topic times don't account for sponsor ads and may appear a few minutes later in the episode on your podcast player)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook
Mitch Lowe has been a significant disruptor of Hollywood's distribution models over the past two decades, promoting all-you-can-eat subscription models on personal devices and at the box office. Netflix famously redefined consumer video distribution while Movie Pass infamously imploded in 2019. Today, Mitch speaks openly with James about why his companies ended up on their trajectories while describing the analytics that factor into their business plans.For a deeper dive into the dramatic evolution of the entertainment business, read or listen to Mitch's new memoir: Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass?Lessons in DisruptionOther topics include:How Netflix's DVD queue saved the company (11:12)The genius of Netflix's auto-play feature (12:46)Content business models: ad sales vs. subscription (14:29)What led to Movie Pass' downfall? (17:46)Movie studios' stranglehold on movie theater pricing models (21:52)How Movie Pass used 'the float' in its business operations (29:22)The cost of acquiring digital distribution film rights (33:44)When does streaming become a commodity? (38:01)What will Netflix do to overcome the commoditization of the streaming market? (39:47)TikTok's algorithm vs streaming services (52:26)(Editor's note: Topic times don't account for sponsor ads and may appear a few minutes later in the episode on your podcast player)------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
Netflix, Redbox, and MoviePass revolutionized the way we watch movies in many ways, but they all have one common denominator: Mitch Lowe. This week on the podcast, Joe talks to Mitch about his career in show business, how he disrupted the entertainment industry, and his new book, Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass.
The Trust Doctor: Restoring Trust & Enriching Significant Relationships
Entrepreneurship is about learning from your past mistakes to find future success. Running a startup is a learning process. You can have the idea or the solution to a problem, but you need to understand the market. Mitch Lowe did all of that. He ran video stores in the 1980s and 1990s before he cofounded Netflix. He then left Netflix to create a DVD kiosk business called Redbox. And after finding great success, he became the CEO of MoviePass which influenced the trajectory of the business of movie theatrical exhibition. Now, he is teaching other entrepreneurs on how to simplify their business. He is helping them create winning product ideas with intuition, perseverance, analytical thinking, and love. Join Dr. Patty Ann Tublin as she talks to Mitch Lowe (https://www.mitchlowe.net/), the co-founding executive of Netflix, former CEO of MoviePass, and former President of Redbox. They talk about the lessons you learn as an entrepreneur and how you should run a business in this day and age. Bullets:● Co-founding executive of Netflix● Brand new book: Watch and Learn (Sept 2022)● Never graduated from high school.● After Netflix he became an executive at McDonald's● Then created Redbox, a DVD kiosk - became 3rd largest rental company in America - 35,000 locations & $1.5 billion in revenue● Became CEO of MoviePass (grew to 3 million subscribers in 8 months)● Now uses his experience growing successful startups to teach entrepreneurs how to simplify their business.Love the show? Subscribe, rate, review & share! https://www.drpattyann.com/podcast
In this episode, I chat with Mitch Lowe, speaker, and co-founding executive of Netflix, about how he used a hard time in his life to propel his life forward and create success. In the early 80s, Mitch became the President of Video Droid, a movie rental company similar to Blockbuster. Eventually, Mitch became one of the co-founders of Netflix and worked as the Head of Business Development for five years. However, in 2003, Reed Hastings, another Netflix co-founder, let Mitch go claiming he wasn't ready to lead a public company. Despite feeling devastated at the loss of his job, Lowe used the loss as fuel to improve himself to prove Hastings wrong. For the next eight years, Lowe worked at Redbox and McDonald's, eventually becoming the COO of Redbox. Lowe spent his career being an innovator, helping companies increase their revenue and influence by implementing novel ideas. Mitch leaves us with the idea that innovation and creating businesses are easier than ever with the internet. Thank you, Mitch, for chatting with me today and showing the audience how to use difficult times to improve yourself and create an amazing life for yourself. Create the life you've always wanted!
Mitch Lowe, co-founding executive of Netflix and former CEO of MoviePass, discusses his book Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass.Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Mitch Lowe, co-founding executive of Netflix and former CEO of MoviePass, discusses his book Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass.Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Applico CEO Alex Moazed and Director Nick Johnson sit down with 3 time tech disruptor Mitch Lowe. Lowe is known for heading up MoviePassas CEO, being a founding executive at Netflix, and President of RedBox. Mitch has detailed his amazon journey from high school dropout to tech executive in his new book Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass—Lessons in Disruption. We asked Mitch about the new relaunch of MoviePass, the role Web3 will play as media evolves, how he managed the enormous growth MoviePass experienced, what COVID would've done to the subscription service, and lessons learned from Netflix and from Reed Hastings. #moviepass #ceointerview #startupinvesting —
Ben is stuck. He's the founder of outdoor pop-up concept WEDriveIns, which repurposes disused urban parking lots as drive-in movie theaters. City officials have been gratifyingly swift to support the project which provides Covid safe entertainment and brings customers to shopping areas. It all looks so promising… So why can't Ben scale?Well, he needs the permission of the movie studios to use the technology to get him there. And, they ain't budging.This mindset reminds Marc of the early Netflix days and so he calls on the expertise of his “jungle guide” Mitch Lowe who not only helped overcome similar issues as co-founding executive of Netflix but went on to disrupt the industry as CEO of MoviePass and President of Redbox. Can Marc and Mitch help Ben break through the analogue approach?Listen in to find out… Like the topics on today's show? Why not take a deeper dive! Mitch's book Watch and Learn: How I Turned Hollywood Upside Down with Netflix, Redbox, and MoviePass is out September 6th. Pre-orders: https://www.hachettebooks.com/titles/mitch-lowe/watch-and-learn/9780306827266/ The paperback edition of Marc's international best-seller That Will Never Work is out now in all good bookstores and online: www.amazon.com/That-Will-Never-Work-Netflix/dp/0316530182 Want to be a guest? Head to Marcrandolph.com. While you're there, sign up for Marc's newsletter.Feeling social?Tw: @mbrandolphIG: @ThatWillNeverWork LinkedIn: Marcrandolph Marcrandolph.com
Today I sat down with the founder of Legend Daddy's - Mitchell Lowe - This is a great chat where he also talks about his new men's retreat THE UNBREAKABLE MAN. I hope you like this chat because I certainly did. LEGEND DADDY'S WEBSITE See omnystudio.com/listener for privacy information.
Advisor and professional speaker Mitch Lowe details how there's been a long evolution in entertainment - from photos to cinema, tv to streaming. Now the next big revolution - the #Metaverse. Which way will we go? Secure your company's spot in the enterprise metaverse: https://hubs.ly/Q012-Zqv0 Check out more from Touchcast: https://twitter.com/Touchcast https://www.linkedin.com/company/touchcast Touchcast is the world's leading enterprise metaverse company. A pioneer in the use of Mixed Reality and Artificial Intelligence, we bring people together by breaking down the barriers of space, time and language.
Listener mail, phone calls and reviews drove us to showcase elements of our first three shows with Mitch Lowe (founding exec) of Netflix and COO at Redbox, CEO Sarah Robb O'Hagan of EXOS and former President at Gatorade, and Dana Arnett, founding Partner and CEO at VSA Partners. Short excerpts about scaling, learning that what got you where you are won't get always get you where you (and your company) need to be, failing and how great brands think their ways to better success.
Patrick Tsang interviews Mitch Lowe, speaker, and co-founding executive of Netflix. In this interview, Mitch speaks about the development and upcoming trends of the streaming industry and opportunities for business leaders in streaming. Covid-19 has significantly impacted the growth of streaming services and has changed the need for on-demand entertainment. Mitch provides advice for creative people and young people to take away. After leaving Netflix, he became an executive at McDonald's, eventually creating the DVD kiosk business that would become Redbox. Under his leadership as president and COO, Redbox became the third-largest video rental company in America, growing to 35,000 locations and $1.5 billion in revenues. Mitch invested in and became CEO of MoviePass, a movie theater subscription service that acquired three million subscribers in eight months. Learn more about Mitch Lowe: https://www.mitchlowe.net
Good Morning Monaco Tuesday, August 10, 2021 published by NEWS.MC Subscribe to our daily email newsletter Monaco mobilises for Moneyval inspection The Principality could find itself on the so-called grey list of countries that do not fully cooperate with other states in the fight against money-laundering and the financing of terrorism. Co-founding Netflix exec invests into UseCrypt Co-founding senior executive of Netflix and president of MoviePass and Redbox, Mitch Lowe has joined UseCrypt, investing 3.5 million USD into the telecommunications platform. Recoveries outpace new positive tests Six Monaco residents tested positive for coronavirus on Monday, August 9, while 12 residents were declared fully-recovered. UK's ethnic minorities lag behind Distrust of vaccines and religious reservations mean that a much lower percentage of ethnic minorities in the UK have been inoculated against coronavirus, resulting in higher numbers of hospitalisation and deaths and the persistence of coronavirus hotspots. Copyright © 2020 NEWS SARL. All rights reserved. North East West South (NEWS) SARL. RCI: 20S08518 - NIS: 6312Z21974 --- Send in a voice message: https://anchor.fm/monacodailynews/message
The secret sauce at Blockbuster was the experience, what is your everyday patient experience like? Blockbuster started in 1985 renting VHS movies for 70% of sales and 30% for merchandise, popcorn, candy, and late fees. They peaked in 2005 and went bankrupt in 2010 after steadily declining to subscription services like Netflix that comes to you, instead of you going to them which is a much better experience, paying per movie at Blockbuster, or going to one of the 40,000 Red Box locations which was started by Mitch Lowe, SVP of McDonalds in 2003. (In 2000 Blockbuster declined a deal to purchase Netflix for $50 million) were both killed by a better experience at home, streaming video technology like Netflix, and getting too expensive unlike Arizona ice tea which kept their price at 99 cents by printing it on the can.
Mitch Lowe - Founding Exec at Netflix, COO at Redbox and discusses retail, growth, pivoting business models and making tough decisions. His start from a Northern California video store owner put him on a path that changed how the world watches movies and consumes content.
This week, The Boys plow through the Top 5 and discuss how The Conjuring: The Devil Made Me Do It was able to dethrone A Quiet Place Part II at the top of the Box Office, whether or not Godzilla vs Kong will beat AQPPII to $100 Million, and why Cruella's B.O. is not indicative of its overall success (2:00). Then we come to grips with the Federal Trade Commission's reports of fraudulent behavior committed by MoviePass and its onetime CEO Mitch Lowe's. This one is personal, so The Boys make a call to action: https://mashable.com/article/moviepass-scam-ftc-complaint/ (34:20). We switch gears to tackle The New York Times BELATED attempts to get into the Box Office reporting game: https://www.nytimes.com/2021/06/04/opinion/movie-theaters-box-office.html (52:13). And finally, we make our predictions for In The Heights and Peter Rabbit 2: The Runaway, both opening June 11th (1:06:24) The-Numbers Weekend Top 5 (June 4 - 6) 1. The Conjuring: The Devil Made Me Do It $24M NEW 2. A Quiet Place Part II $19.5 (-59%)/ Wk 2 3. Cruella $11M (-49%)/ Wk 2 4. Spirit Untamed $6.2M NEW 5. Raya and the Last Dragon $1.2M (-45%)/ Wk 14 Subscribe: https://theboboys.substack.com E-mail us: theboboyspodcast@gmail.com
In Episode 92 of Idea Diary - Today, I talk about the great story of Mitch Lowe. He came up with an idea of VHS Kioks in 1982, building a company called Videodroid. 20 years later in 2003 he got the chance to build REDBOX as an executive for McDonald's to complete and oversee his vision of people renting movies on the sidewalk. It's very rare someone gets to complete an idea they had 20 years earlier, but I find it very comforting and special that he got have that achievement. He also was a co-founder of Netflix, and creator of MoviePass. Watch some of these interviews and speeches if you want some business innovation inspiration. Also, I forgot to mention on other ah-ha takeaway from watching his speech today, McDonald's could have solved their low revenue issue with simply having cleaner bathrooms instead of spending millions of dollars and testing out millions of businesses to raise sales. They simply had lost that nice clean family restaurant feeling, and by bringing back clean excellence as a well-known McDonald's trait, that brought the food sales back. “You know when you are disrupting and being innovating when people say there is no way your idea is going to work” - Mitch Lowe WATCH: Mitch Lowe, Business Speaker, The Culture of Disruption https://www.youtube.com/watch?v=lm5rYYePcjQ Co-founder of Netflix Mitch Lowe Talks Angel Investing https://www.youtube.com/watch?v=5tEhLA6J_bI&t=2354s The Decline of Redbox...What Happened? https://www.youtube.com/watch?v=sc-lrcYI1uo If you liked today's show, you can always BUY ME COFFEE: https://gumroad.com/l/VazlaO JOIN MY MONTHLY MEMBERSHIP: https://gumroad.com/l/GJyXzO Thank you so much for listening today! #BuyMeCoffee "Idea Diary" is a business lifestyle podcast about creative entrepreneurship. "Idea Diary" focuses on building creative businesses, and chronicles how Valerie Aiello uses multiple skills to create products, illustrations, film, music, and businesses. — Valerie Aiello is a multi-hyphenate brand expert from Austin, Texas. --- Support this podcast: https://anchor.fm/valerieaiello/support
Today guest is serial entrepreneur Mitch Lowe. Mitch is the director of 12 companies currently running over 200 shows annually, across a broad spectrum of artists and genres, as well as managing leading NZ artists and developing tech companies. Mitch covers: - how his company runs over 200 events a year and the role social media plays in selling tickets - Mitch's story and how he grew to the position he's in now - Mitch's tips for upcoming musicians + how he secures event and artist sponsorship - The role social media plays in musicians careers - How musicians sponsorships differ from traditional influencers - Mitch's recent experience with online controversy, trolls and how he turned the negative PR around - What it feels like to be on the receiving end of online hate and how to manage it - Mitch's charity he launched with Mitch James after the death of their close friend "Bring People Dancing" This episode is a must-listen. Connect with Mitch in the following places: https://www.audiologytouring.com/ https://www.instagram.com/audiology_touring/ https://www.instagram.com/mitch_lowe/ Check out Viv and Tash: https://www.instagram.com/acethegrampodcast/ https://www.instagram.com/tastefullytash/ https://www.instagram.com/vivconway_/
Today we're going to cover what many of you do with your evenings: Netflix. Now, the story of Netflix comes in a few stages that I like to call the founding and pivot, the Blockbuster killer, the streaming evolution, and where we are today: the new era of content. Today Netflix sits at more than a 187 billion dollar market cap. And they have become one of the best known brands in the world. But this story has some pretty stellar layers to it. And one of the most important in an era of eroding (or straight up excavated) consumer confidence is this thought. The IPOs that the dot com buildup created made fast millionaires. But those from the Web 2.0 era made billionaires. And you can see that in the successes of Netflix CEO Reed Hastings. Prelude Hastings founded Pure Software in 1991. They made software that helped other people make… software. They went public in 1995 and merged with Atria, and were acquired the next year by Rational Software - making he and Netflix founder Marc Randolph, well, obsolete. Hastings made investors and himself a lot of money. Which at that point was millions and millions of dollars. So he went on to sit on the State Board of Education and get involved in education. Act I: The Founding and Pivot He and Marc Randolph had carpooled to worked while at Pure Atria and had tossed around a lot of ideas for startups. Randolph landed on renting DVDs by mail. Using the still somewhat new Internet. Randolph would become CEO and Hastings would invest the money to get started. Randolph brought in a talented team from Pure Atria and they got to work using an initial investment of two and a half million dollars in 1997. But taking the brick and mortar concept that video stores had been successfully using wasn't working. They had figured out how to ship DVDs cheaply, how to sell them (until Amazon basically took that part of the business away), and even how to market the service by inking deals with DVD player manufacturers. The video stores had been slow to adopt DVDs after the disaster they found with laser disk and so the people who made the DVDs saw it as a way to get more people to buy the players. And it was mostly working. But the retention numbers sucked and they were losing money. So they tinkered with the business model, relentlessly testing every idea. And Hastings came back to take the role of CEO and Randolph stepped into the role of president. One of those tests had been to pivot from renting DVDs to a subscription model. And it worked. They gave customers a free month trial. The subscription and the trial are now all too common. But at the time it was a wildly innovative approach. And people loved it. Especially those who could get a DVD the next day. They also gave Netflix huge word of mouth. In 1999 they were at 110,000 subscribers. Which is how I first got introduced to them in 2000, when they were finally up to 300,000 subscribers. I had no clue, but they were already thinking about streaming all the way back then. But they had to survive this era. And as is often the case when there's a free month that comes at a steep cost, Netflix was bleeding money. And running out of cash. They planned to go IPO. But because the dot com bubble had burst, cash was becoming hard to come by. They had been well funded, taking a hundred million dollars by the time they got to a series E. And they were poised for greatness. But there was that cash crunch. And a big company to contend with: Blockbuster. With 9,000 stores, $6b in revenue, tens of thousands of employees, and millions of rentals being processed a month, Blockbuster was the king of the video rental market. The story goes that Hastings got the Netflix idea from a late fee. So they would do subscriptions. But they had sold DVDs and done rentals first. And really, they found success because of the pivot, wherever that pivot came from. And in fact, Hastings and Randolph had flown to Texas to try and sell Netflix to Blockbuster. Pretty sure Blockbuster wishes they'd jumped on that. Which brings us to Act II: The Blockbuster Killer. Managing to keep enough cash to make it through the growth, they managed to go public in 2002 and finally got profitable in 2003. Soon they would be shipping over a million DVDs every single day. They quickly rose through word of mouth. That one day shipping was certainly a thing. They pumped money into advertising and marketing. And they continued a meteoric growth. They employed growth hacks and they researched a lot of options for the future, knowing that technology changes were afoot. Randolf investigated opening kiosks with Mitch Lowe. Netflix wouldn't really be interested in doing so, and Randolph would leave the company in 2002 on good terms. Wealthy after the companies successful IPO. And Lowe took the Video Droid concept of a VHS rental vending machine to DVDs after Netflix abandoned it, and went to Redbox, which had been initially started by McDonalds in 2003. Many of the ideas he and Randolf tested in Vegas as a part of Netflix would be used and by 2005 Redbox would try to sell to Netflix and Blockbuster. But again, Blockbuster failed to modernize. They didn't have just one shot at buying Netflix, Reed Hastings flew out there four times to try and sell the company to Blockbuster. Blockbuster launched their own subscription service in 2004 but it was flawed and there was bad press around late fees and other silly missteps. Meanwhile Netflix was growing fast. Netflix shipped the billionth DVD in 2007. And by 2007, there were more Reboxes than Blockbusters and by 2011 the kiosks accounted for half of the rental market. Blockbuster was finally forced to file for bankruptcy in 2010, after being a major name brand for 25 years. Netflix was modernizing though. Not with Kiosks but they were already beginning to plan for streaming. And a key to their success, as in the early days was relentless self improvement and testing every little thing, all the time. They took their time and did it right. Broadband was on the rise. People had more bandwidth and were experimenting with streaming music at work. Netflix posted earnings of over a hundred million dollars in 2009. But they were about to do something special. And so Act III: The Streaming Revolution The streaming world came online in the early days of the Internet when Severe Tire Damage streamed the first song out of Xerox PARC in 1993. But it wasn't really until YouTube came along in 2005 that streaming video was getting viable. By 2006 Google would acquire YouTube, which was struggling with over a million dollars a month in bandwidth fees and huge legal issues with copywritten content. This was a signal to the world that streaming was ready. I mean, Saturday Night Live was in, so it must be real! Netflix first experimented with making their own content in 2006 with a film production division they called Red Envelope Films. They made over a dozen movies but ultimately shut down, giving Netflix a little focus on another initiative before they came back to making their own content. Netflix would finally launch streaming media in 2007, right around the time they shipped that billionth DVD. This was the same year Hulu launched out of AOL, Comcast, Facebook, MSN, and Yahoo. But Netflix had a card up it's sleeve. Or a House of Cards, the first show they produced, which launched in 2013. Suddenly, Netflix was much, much more than a DVD service. They were streaming movies, and creating content. Wildly popular content. They've produced hundreds of shows now in well over a dozen languages. 2013 also brought us Orange is the New Black, another huge success. They started off with a whole Marvel universe in 2015 with Daredevil, followed by Jessica Jones, Luke Cage, Iron Fist, and tied that up with The Defenders. But along the way we got The Crown, Narcos and the almost iconic at this point Stranger Things. Not to mention Bojack Horseman, Voltron, and the list just goes on and on. That era of expansion would include more than just streaming. They would finally expand into Canada in 2010, finally going international. They would hit 20 million subscribers in 2011. By 2012 they would be over 25 million subscribers. By 2013 they would exceed 33 million. In 2014 they hit 50 million. By the end of 2015 they were at almost 70 million. 2016 was huge, as they announced an expansion into 130 new international territories at CES. And the growth continued. Explosively. At this point, despite competition popping up everywhere Netflix does over 20 billion a year in revenue and has been as instrumental in revolutionizing the world as anyone. That competition now includes Disney Plus, Apple, Hulu, Google, and thousands of thousands of podcasts and home spun streamers, even on Twitch. All battling to produce the most polarizing, touching, beautiful, terrifying, or mesmerizing content. Oh and there's still regular tv I guess… Epilogue So Y2K. The dot com bubble burst. And the overnight millionaires were about to give way to something new. Something different. Something on an entirely different scale. As with many of the pre-crash dot com companies, Netflix had initially begun with a pretty simple idea. Take the video store concept, where you payed per-rental. And take it out of brick and mortar and onto the internets. And if they had stuck with that, we probably wouldn't know who they are today. We would probably be getting our content from a blue and yellow box called Blockbuster. But they went far beyond that, and in the process, they changed how we think of that model. And that subscription model is how you now pay for almost everything, including software like Microsoft Office. And Netflix continued to innovate. They made streaming media mainstream. They made producing content a natural adjacency to a streaming service. And they let millions cut the cord from cable and get into traditional media. They became a poster child for the fact that out of the dot com bubble and Great Recession, big tech companies would go from making fast millionaires to a different scale, fast billionaires! As we move into a new post COVID-19 era, a new round of change is about to come. Nationalism is regrettably becoming more of a thing. Further automation and adoptions of new currencies may start to disrupt existing models even further. We have so much content we have to rethink how search works. And our interpersonal relationships will be forever changed from these months in isolation. Many companies are about to go the way of Blockbuster. Including plenty that have been around much, much longer than they were. But luckily, companies like Netflix are there for us to remind us that any company can innovate like in a multi-act play. And we owe them our thanks, for that. - and because what the heck else would we do stuck in quarantine, right?!?! So to the nearly 9,000 people that work at Netflix we 167 million plus subscribers thank you. For revolutionizing content distribution, revolutionizing business models, and for the machine learning and other technological advancements we didn't even cover in this episode. You are lovely. And thank you listeners, for abandoning binge watching Tiger King long enough to listen to this episode of the History of Computing Podcast. We are so lucky to have you. Now get back to it!
Welcome to the What's Next! podcast with Tiffani Bova. This week I am thrilled to be speaking with Mitch Lowe. Mitch was one of the early pioneers in the movie rental industry opening video rental stores in the early 1980’s. In the late 90’s Mitch joined Marc Randolph and Reed Hastings at Netflix as the video industry expert. As VP of Business Development and Strategic Alliances for Netflix’s first 5 years, and as a member of its core executive team, Mitch led many of the partnerships that drove new subscribers to join Netflix. Mitch left Netflix in 2003 after a very successful IPO and joined the business development team at McDonalds Ventures to build a DVD evening machine business called Redbox. Mitch served as its COO and President for 8 years, growing the company from $36k in first-year revenue to over $1.5B in revenue 8 years later. Today Mitch invests in startups and gives inspirational speeches around the world to corporations, conferences, and students sharing stories of innovation, disruption and facing the challenges of building new products and services. I am truly delighted to have Mitch Lowe on the What’s Next! Podcast. THIS EPISODE IS PERFECT FOR… executives, managers, founders of small and large organizations – anyone looking to hear from someone who has been part of one of the biggest disruption stories in the new digital age. TODAY’S MAIN MESSAGE… Mitch shares his proven experience and tips on how to become more innovative and disruptive in your own organization. What should you do and when? Mitch shares how you can identify a need on the frontlines of your customer base and use that data to create a company that truly addresses that need. WHAT I LOVE MOST… I get to chat with an innovator whose work I covered in my own book, and I love the concept of the order and sequence in which you do things! Mitch gives you actionable items you can implement Monday morning to start making that progress. Running time: 32:48 Subscribe on iTunes Find Tiffani on social: Facebook Twitter LinkedIn Instagram Find Mitch on social: Twitter LinkedIn Facebook Mitch’s Website
MOAR Dinosaurs, GM Auto Strike, MoviePass Shuts Down and QB Injuries Jurassic World released Battle of Big Rock Short Film https://twitter.com/jurassicworld/status/1173461348069650432?s=21 Shows humans and dinosaurs living amongst one another. Family of four encounter dinosaurs in the woods that turns into fight of their lives I've always loved Jurassic Park movies. Dinosaurs fascinate me. Could this ever be a reality? Let’s talk dinosaurs for a minute. Ash Ketchum finally wins Pokemon League Championship First time in the 20 year history Ash has won He has traveled across the land, searching far and wide, in an attempt to catch 'em all Twitter Well damn, the kid finally did it… "Which was bigger? LeBron coming back 3-1 against the Warriors or Ash Ketchum winning his first Pokemon league after a 22 year drought?" United Auto Workers kicked off a strike at GM’s U.S. factories at midnight https://www.bloomberg.com/news/articles/2019-09-15/union-set-to-let-gm-contract-expire-raising-odds-of-a-strike GM faces losses of $50M/day GM's first major work stoppage in 12 years. A reminder of the UAW’s firepower: The 84-year-old union represents almost 150,000 workers at GM, Ford, and Fiat Chrysler factories in the U.S. It’s got a $750 million war chest to keep paying members while they’re on strike. After tenuous recent discussions, GM made the unusual move of publicizing what it had offered the UAW in negotiations: $7 billion in new U.S. factory investments, 5,400 jobs, higher pay, and a proposal for idled plants. The union wasn’t impressed. It wants GM to a) accelerate entry-level workers’ paths to peak wage b) invest more in U.S. factories and c) potentially add models to four plants without future products to produce. The UAW’s dealing with internal chaos, too. A federal corruption investigation has targeted sitting officials, including president Gary Jones. MoviePass shuts down after disrupting the movie industry Founded in 2011, MoviePass offered a $40/month subscription that let you into any theater to watch any movie. Worth it only for the very lonely and movie-crazy. Mitch Lowe was hired as CEO. There were only 20K customers, so he cut the price by 75%. At $10/month, the breakeven price for MoviePass was 1 movie per month, so people signed up. 3M people binged 5% of all movies watched in late 2018. Theaters still charged full price for each ticket, forcing MoviePass to pay the difference — and lose $21M/month ("Amazon lost money for 20 years" — the CEO). So it had to raise prices/add a bunch of restrictions. This Saturday: It's over. The parent company doesn't know when or if it will come back. Globo-theater-chain AMC now offers something like MoviePass. MoviePass "pulled a Napster": it changed the industry even though it didn't survive. Segment 2: Weekend Wrapup We got absolutely slaughtered on the books this weekend. No need to go pick by pick, we pretty much got beat on all of em this weekend. Only Winners: Kansas City -7 // 28-10 over Oakland Buffalo -2 // 28-14 over NYG Dallas -5.5 // 31-21 over Washington Pitt +17 // 10-17 loss to Penn State OSU -17.5 // 51-10 over Indiana Antonio Brown got to play (even though Robert Kraft said he wouldn’t have signed him if he knew about this lawsuit)… he caught a TD Bad day for old QB’s not named Tom Brady: Big Ben (elbow) and Drew Brees (thumb) both getting looked at today. International football back in action: Spurs spanked Crystal Palace 4-0 Roma took care of Sassuolo 4-2 Norwich beating Man City 3-2 Chelsea over Wolves 5-2 Milan beat Verona 1-0 in a game where each team had a man sent off Juventus stymied by Fiorentina 0-0 Monday Thoughts: Could possibly quickly make a joke here about getting slaughtered in gambling this weekend. Blake: Axe throwing conspiracies - all the videos online of axes bouncing off the wall and narrowly missing people. Where are the injuries? Are the companies in bed with the insurance agencies? Vincenzo: Security lines at airports These photos are from ATL this Monday morning at 7am, an airport I hate with all my soul. But there has to be a better way with TSA and travel security. I don't know what it is, but the process should be streamlined, especially for frequent travelers.
MOAR Dinosaurs, GM Auto Strike, MoviePass Shuts Down and QB Injuries Jurassic World released Battle of Big Rock Short Film https://twitter.com/jurassicworld/status/1173461348069650432?s=21 Shows humans and dinosaurs living amongst one another. Family of four encounter dinosaurs in the woods that turns into fight of their lives I've always loved Jurassic Park movies. Dinosaurs fascinate me. Could this ever be a reality? Let’s talk dinosaurs for a minute. Ash Ketchum finally wins Pokemon League Championship First time in the 20 year history Ash has won He has traveled across the land, searching far and wide, in an attempt to catch 'em all Twitter Well damn, the kid finally did it… "Which was bigger? LeBron coming back 3-1 against the Warriors or Ash Ketchum winning his first Pokemon league after a 22 year drought?" United Auto Workers kicked off a strike at GM’s U.S. factories at midnight https://www.bloomberg.com/news/articles/2019-09-15/union-set-to-let-gm-contract-expire-raising-odds-of-a-strike GM faces losses of $50M/day GM's first major work stoppage in 12 years. A reminder of the UAW’s firepower: The 84-year-old union represents almost 150,000 workers at GM, Ford, and Fiat Chrysler factories in the U.S. It’s got a $750 million war chest to keep paying members while they’re on strike. After tenuous recent discussions, GM made the unusual move of publicizing what it had offered the UAW in negotiations: $7 billion in new U.S. factory investments, 5,400 jobs, higher pay, and a proposal for idled plants. The union wasn’t impressed. It wants GM to a) accelerate entry-level workers’ paths to peak wage b) invest more in U.S. factories and c) potentially add models to four plants without future products to produce. The UAW’s dealing with internal chaos, too. A federal corruption investigation has targeted sitting officials, including president Gary Jones. MoviePass shuts down after disrupting the movie industry Founded in 2011, MoviePass offered a $40/month subscription that let you into any theater to watch any movie. Worth it only for the very lonely and movie-crazy. Mitch Lowe was hired as CEO. There were only 20K customers, so he cut the price by 75%. At $10/month, the breakeven price for MoviePass was 1 movie per month, so people signed up. 3M people binged 5% of all movies watched in late 2018. Theaters still charged full price for each ticket, forcing MoviePass to pay the difference — and lose $21M/month ("Amazon lost money for 20 years" — the CEO). So it had to raise prices/add a bunch of restrictions. This Saturday: It's over. The parent company doesn't know when or if it will come back. Globo-theater-chain AMC now offers something like MoviePass. MoviePass "pulled a Napster": it changed the industry even though it didn't survive. Segment 2: Weekend Wrapup We got absolutely slaughtered on the books this weekend. No need to go pick by pick, we pretty much got beat on all of em this weekend. Only Winners: Kansas City -7 // 28-10 over Oakland Buffalo -2 // 28-14 over NYG Dallas -5.5 // 31-21 over Washington Pitt +17 // 10-17 loss to Penn State OSU -17.5 // 51-10 over Indiana Antonio Brown got to play (even though Robert Kraft said he wouldn’t have signed him if he knew about this lawsuit)… he caught a TD Bad day for old QB’s not named Tom Brady: Big Ben (elbow) and Drew Brees (thumb) both getting looked at today. International football back in action: Spurs spanked Crystal Palace 4-0 Roma took care of Sassuolo 4-2 Norwich beating Man City 3-2 Chelsea over Wolves 5-2 Milan beat Verona 1-0 in a game where each team had a man sent off Juventus stymied by Fiorentina 0-0 Monday Thoughts: Could possibly quickly make a joke here about getting slaughtered in gambling this weekend. Blake: Axe throwing conspiracies - all the videos online of axes bouncing off the wall and narrowly missing people. Where are the injuries? Are the companies in bed with the insurance agencies? Vincenzo: Security lines at airports These photos are from ATL this Monday morning at 7am, an airport I hate with all my soul. But there has to be a better way with TSA and travel security. I don't know what it is, but the process should be streamlined, especially for frequent travelers.
We bought into the Brainwavez IEM Grab Bag and we unbox them to see what we got. We're guaranteed something valued at the price of the buy in, but there are plenty of chances of getting something even better! The MoviePass CEO, Mitch Lowe has commented on the recent developments that they are tracking our data. People have been uncomfortable since we got details on how much they might be tracking. Several YouTubers are under fire from a recent Dyson Ad campaign where they each had a sponsored video featuring the their new vacuum. We have some comments on that and discuss what's the appropriate way to disclose brand partnerships. PUBG has beaten Fortnight to mobile and their app is now live on Android and iOS. But we have some concerns because PUBG is still in development on Xbox One. Lastly, have you ever wanted to relive your favorite old show or movie? Samsung might be able to help you forget a show/movie so you can watch it for the first time once again. --- Support this podcast: https://anchor.fm/s4a/support
When MoviePass dropped its monthly subscription fee to $10 a month, it introduced a radically different customer experience to moviegoers, and people headed back to theaters in droves. But did they know that Mitch Lowe, the CEO responsible for MoviePass's viral success was one of the guys partly responsible for the decline of movie theaters thanks to his work at another movie-industry-changing company? Mitch Lowe tells us why he thinks watching movies on big screens is the next big thing. Brent Lang of Variety Magazine and Nate Brown of the CX Accelerator drop different perspectives on MoviePass's customer experience. While superfan David Buckmaster of the MoviePass Club on Reddit rediscovers the awesomeness of the movie theater. Repeat Customer is an original podcast from Zendesk, because the best customer experiences are built on Zendesk. Learn more about the podcast at zendesk.com/repeatcustomer. You can rate or review Repeat Customer at Apple Podcasts. We'd love to know what you think.
This week on The First Run, Chris and Matt are joined by Mr. Erik Gern of the ‘Full of Fried Fish' blog. The two gentlemen and Chris discuss Pixar's return of the super-powered Parr family in ‘Incredibles 2'. It's been 15 long years but Craig T. Nelson, Holly Hunter, Samuel L. Jackson, Sarah Vowell and writer/director Brad Bird are back. (John Ratzenberger too!) Can the film possible have been worth the wait? Also the guys caught up with what was supposed to be the big comedy of the summer, ‘Tag'. Featuring an exceptional strong cast of Jon Hamm, Ed Helms, Jeremy Renner, Hannibal Burress, Jake Johnson and Isla Fisher, is this the comedy to beat this season? There's the terribly exciting review of the big releases on Blu-Ray & DVD, featuring the Straight to DVD and Streaming Picks of the Week. Finally the show wraps with the return of Who Dat?!? Who responds as Rian Johnson? Who's Mitch Lowe, CEO of MoviePass, having to address AMC's new A-List program? And how is Steve Trevor still around in those new ‘Wonder Woman 84' photos? Who else shows up? There's only one way to find out. Listen on True Believer!00:00-15:52: Intro/Incredibles 215:53-24:01: Blu-Ray & DVD Picks24:02-33:17: Tag54:39-54:36: Who Dat?!?54:37-56:19: Wrap UpTheme music provided by Jamal Malachi Ford-Bey
This week: It’s been over a year since Apple has updated virtually any of their Macs. Just what in the heck in going on? Why all your online purchases will soon be taxed Instagram takes on YouTube with new IGTV app MoviePass is about to change for the worse. AGAIN. America’s largest theater chain just put the final nails in the MoviePass coffin And things get weird in an all-new what we’re into! This episode supported by A business is only as strong as its people, and every hire matters… go to LinkedIn.com/cultcast and get a $50 credit toward your first job post. Whether you’re looking to learn something new or just sharpen your skills, Udemy has over 65,000 courses starting at just 11.99. Visit Ude.my/CULTCASTor download the Udemy app to learn anytime, anywhere. CultCloth will keep your iPhone X, Apple Watch, Mac and iPad sparkling clean, and for a limited time use code CULTCAST at checkout to score a free CleanCloth with any order at CultCloth.co. Print postage from your office and take advantage of special shipping discounts at pb.com/cultcast, and beat the postage rate increase with exclusive discounts on letters. Plans start at just $5 a month! Thanks to Kevin McLeodfor the music you hear on today’s episode. On the show this week @erfon / @bst3r Supreme Court Kills Quill, Gives States More Authority To Collect Sales Tax https://www.forbes.com/sites/kellyphillipserb/2018/06/21/supreme-court-kills-quill-gives-states-more-authority-to-collect-sales-tax/#5259f8dc3994 It’s a sad day for US. It’s the end of an era. The end of tax-free shopping online. In 1992 the supreme court that a state couldn’t force an online retailer to collect sales tax for them if the retailer didn’t have a physical presence in that state. Today, they reversed that decision What does that mean? Well, it means that you state will undoubtedly begin forcing online retailers to charge you sales tax on all your online orders. If you have a big purchase to make, I’d do it this summer. On The Sad State of Macintosh Hardware https://weblog.rogueamoeba.com/2018/06/14/on-the-sad-state-of-macintosh-hardware/ Rogue Amoeba developer Quentin Carnicelli posted this week on the company’s blog about his frustration with Apple’s continued neglect of the Mac. "At the time of the writing, with the exception of the $5,000 iMac Pro, no Macintosh has been updated at all in the past year.” Instagram takes on YouTube with new IGTV app https://www.cultofmac.com/556779/instagram-launches-igtv/ The photo-sharing social network revealed its new standalone app today called IGTV that’s dedicated to long-form video. IGTV was revealed at an event today this morning where the company also shared that it now has 1 billion monthly active users. MoviePass is going to introduce surge pricing on popular movies by July http://www.businessinsider.com/moviepass-is-going-to-launch-surge-pricing-by-july-imax-and-3d-later-2018-6 By the end of the summer, you'll see some major changes to your MoviePass subscription — and you're not going to like them all. MoviePass told Business Insider that by August members of the service would be able to add a friend when buying tickets through the app and would have the option, at an added price, to order tickets to Imax and Real 3D movies. The first change to the service will happen in the coming weeks, when MoviePass will start charging members what CEO Mitch Lowe calls "high demand" pricing. CEO Mitch Lowe: "At certain times for certain films — on opening weekend — there could be an additional charge for films" The added charge will start at $2 for titles the app deems very popular with MoviePass subscribers AMC is launching a MoviePass-like subscription service https://www.theverge.com/2018/6/20/17482918/amc-subscription-moviepass-stubs-a-list The largest theater chain in America has announced that it will now offer a subscription service that allows patrons to watch up to three movies a week for $19.95 a month. Called AMC Stubs A-List the online and smartphone-based subscription will allow members to watch multiple movies a day and let you see movies more than once. There will be no online ticketing fees, and it will offer a discount on food and drinks at the concession stand. Plus Stubs A-List will be redeemable toward formats like IMAX and 3D and will also include special AMC locations such as Dine-Ins. The service will allow you to make up to three movie reservations at once in advance without having to physically be at the theater
Founded in 2011, MoviePass was met with immediate resistance upon its beta test in the San Fransisco area. The service didn't really take off on a national level until June of 2016 when Mitch Lowe became the new CEO. He brought his years of experience at Netflix and Redbox to MoviePass and the subscription service introduced some tiered pricing and by the end of 2016 there were 20,000 subscribers. Then, in 2017, the analytics firm Helios and Matheson bought a majority stake in the company and the movie theatre industry was officially disrupted. MoviePass dropped the monthly price to the cost of a movie ticket and by the end of the 2017 had over 1 million subscribers. At the 2018 Sundance Film Festival, MoviePass announced they would now start co-aquiring films for theatrical distribution. But, how sustainable is this business model?
This week: A new cheaper HomePod is likely on the way A leaked apple email harkens the end of iTunes It looks like changing the battery in your older iOS devices can bring some surprising performance increases MoviePass is tracking iOS users every move, and privacy experts are madder than a beehive And we wrap up with a What We’re Into, with our reviews Black Panther, Annihilation, Daredevil, The Punisher, and the first security camera for your car! This episode supported by Casper’s American-made mattresses have just the right amount of memory foam and latex, and people everywhere love them. Learn why and get $50 towards any mattress at Casper.com/cultcast. Print postage from your office and take advantage of special shipping discounts at pb.com/cultcast, and beat the postage rate increase with exclusive discounts on letters. Plans start at just $5 a month! CultCloth will keep your iPhone X, Apple Watch, Mac and iPad sparkling clean, and for a limited time use code CULTCAST at checkout to score a free CleanCloth with any order at CultCloth.co. On the show this week @erfon / @lkahney / @lewiswallace Cheaper HomePod might lead Apple’s push for lower prices https://www.cultofmac.com/533247/cheaper-homepod-iphone-ipad/ A version between $150 and $200 will change that, if a report from Taiwan’s Economic Daily News is correct. This unconfirmed report doesn’t say what features will change to lower the cost that significantly. However, a separate research note from Rosenblatt analyst Jun Zhang says the upcoming cheaper HomePod will be smaller. This isn’t expected to be a replacement for the current HomePod. It would be a lower-priced alternative that’s within the grasp of a far wider potential audience, enabling Apple to better compete with the Amazon Echo and Dot smart speakers. Leaked Apple email hints at the possible end of iTunes https://www.cultofmac.com/532813/apple-end-of-itunes-email/ Apple could kill off iTunes in the near future, a new report suggests. It cites an email that Apple reportedly wrote to people in the music industry recently, announcing the “end of iTunes LPs.” The iTunes LP format was first introduced in 2009 and let publishers add interactive artwork, along with assorted iTunes Extras, with their content. The LP format never achieved great popularity. However, the fact that Apple plans to ditch iTunes LPs in 2018 potentially hints at the possibility that Apple may stop selling iTunes music downloads in the near future. According to a previous report by The Wall Street Journal, Apple Music is currently growing at a rate of around 5 percent each month. Here’s how much a new iPhone battery boosts performance https://www.cultofmac.com/532787/iphone-battery-replacement-comparison/ A new video posted online by Bennett Sorbo compares an iPhone 6s with depleted battery against one with a fresh battery. The two iPhones are then put head to head as they run through a variety of CPU-intensive tasks, including opening apps, using the internet, playing games and videos, and more. MoviePass says it’s ‘exploring’ gathering location data on users, but it won’t sell it https://www.theverge.com/2018/3/5/17083280/moviepass-location-based-user-tracking-data-privacy-app-policy-changes MoviePass responded late this evening to a number of reports calling into question the company’s privacy policy after CEO Mitch Lowe publicly claimed the theater subscription service tracks its users’ locations. Apple’s new HomePod commercial is a work of art https://www.youtube.com/watch?v=305ryPvU6A8
Is a Category 6 hurricane possible?...Hurricane Irma update with Weatherbell.com Chief Meteorologist Joe Bastardi... Trusting 'organizations' today is tough ...Americans are still the most generous... Mitch Lowe, CEO of MoviePass.com, tells us a new affordable way to experience the movies...Sharyl Attkisson, author of the book 'The Smear', joins the show to discuss how Media Matters targeted Glenn Beck and other conservatives with smear tactics The Glenn Beck Program with Glenn Beck, Pat Gray, Stu Burguiere and Jeff Fisher, Weekdays 9a–12pm ET on TheBlaze Radio Learn more about your ad choices. Visit megaphone.fm/adchoices
Mitch Lowe, an early Netflix executive, has an extreme proposal for how to get more people into seats at movie theaters: Let them come to all the showings they want for about the price of a single ticket each month. His new company, MoviePass, is offering a movie ticket subscription for $9.95 a month, which will allow customers get in to one movie theater showing every day. With so many movies coming out, there's no reason not to sign up. Follow Jeffy on Twitter: @JeffyMRALike Jeffy on Facebook: www.facebook.com/JeffFisherRadioFollow Jeffy on Instagram: @jeffymra Learn more about your ad choices. Visit megaphone.fm/adchoices
Jytte Klausen, a professor at Brandeis University, says terror attacks in Europe reflect failures by local officials. Jim Glassman, JPMorgan Chase's commercial banking head economist, says the Fed needs to hold high ground. John Hudak, a senior fellow at the Brookings Institution, says President Trump still has a lot of tacit support. Finally, Mitch Lowe, the CEO of MoviePass, says cinemas must ramp up their security. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Jytte Klausen, a professor at Brandeis University, says terror attacks in Europe reflect failures by local officials. Jim Glassman, JPMorgan Chase's commercial banking head economist, says the Fed needs to hold high ground. John Hudak, a senior fellow at the Brookings Institution, says President Trump still has a lot of tacit support. Finally, Mitch Lowe, the CEO of MoviePass, says cinemas must ramp up their security.
Often many of the key people who help create great companies work behind the scenes, out of the publicity spotlight. Mitch Lowe is one of these people. As fate often has it, Mitch was working to develop another idea. While displaying at a trade show, he met Marc Randolph who happened to stop by his booth. After a long talk about DVDs Marc started to walk away. Mitch grabbed him by the back of his backpack and said, "Wait a minute, we should talk some more." That "grab" changed his life, and Netflix was born. James asks Mitch three things he's learned from building one of the most successful companies created in the last decade. Mitch gives huge credit for the growth of Netflix to another of the original founders, Reed Hastings. #1) Focus. Find that one thing you know you can absolutely be the best at and force yourself to drop all the others. #2) Use analytics to make decisions. Use analytics directionally; don't worry about if they're 100% sure. Just use them to point you in a direction. #3) Pour your money into those things that are working best. Cut medium to poor performers, whether that's people or ideas. James asks Mitch why he left Netflix. You'll hear a story about a passion that he just couldn't let go of and felt he had to pursue. From Netflix to McDonalds to Quarterly.co, Mitch has quietly helped many of today's best companies continue to grow. You don't always have to be the "name" that most people associate with growing companies to be super-successful ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
Often many of the key people who help create great companies work behind the scenes, out of the publicity spotlight. Mitch Lowe is one of these people. As fate often has it, Mitch was working to develop another idea. While displaying at a trade show, he met Marc Randolph who happened to stop by his booth. After a long talk about DVDs Marc started to walk away. Mitch grabbed him by the back of his backpack and said, "Wait a minute, we should talk some more." That "grab" changed his life, and Netflix was born. James asks Mitch three things he's learned from building one of the most successful companies created in the last decade. Mitch gives huge credit for the growth of Netflix to another of the original founders, Reed Hastings. #1) Focus. Find that one thing you know you can absolutely be the best at and force yourself to drop all the others. #2) Use analytics to make decisions. Use analytics directionally; don't worry about if they're 100% sure. Just use them to point you in a direction. #3) Pour your money into those things that are working best. Cut medium to poor performers, whether that's people or ideas. James asks Mitch why he left Netflix. You'll hear a story about a passion that he just couldn't let go of and felt he had to pursue. From Netflix to McDonalds to Quarterly.co, Mitch has quietly helped many of today's best companies continue to grow. You don't always have to be the "name" that most people associate with growing companies to be super-successful See omnystudio.com/listener for privacy information.