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"Gender Inequality in Product Markets: When and How Status Beliefs Transfer to Products" |
Abstract: This paper develops and evaluates a theory of status belief transfer, the process by which gender status beliefs differentially affect the evaluations of products made by men and women. We conduct three online experiments to evaluate this theory. In Study 1, we gathered 50 product categories from a large onli... |
If you’re one of the lucky ones who have paid off all of their credit card bills, congratulations! However, that doesn’t mean that you’re done with managing your credit — not by a long shot. There’s plenty you can still do to raise your credit score, thereby getting better interest rates when it comes time to take out ... |
In the video above, Beverly Brown from Brooklyn identifies herself as one of the fortunate souls without credit card debt. Tiffany Aliche, the Budgetnista, advises her on how she can use that paid off credit card to make her credit score “jump like Jordan.” This advice can work for you, too. Watch. |
2018 was a year of massive mergers and acquisitions, with AT&T/Time Warner, Disney/Fox and Comcast/Sky. The #MeToo movement made headlines, and the dominant emotion in boardroom discussions around Hollywood and beyond was fear … lots of fear in the ranks of our tech-infused world of media and entertainment (as well as ... |
So what does the crystal ball predict for 2019? |
Here are some of the narratives that will shape the world of entertainment next year and set the stage for the roaring 20s of the media industry. |
PREDICTION #1 – Blood continues to spill in the relentless battle amongst premium OTT video giants, as Apple and Disney join the subscription video fray and add to the epic collective assault on Netflix. In the midst of it all, smaller “niche” players either find their singular voices that attract “fandom” and broader ... |
Originals continue to be the primary weapon used in the premium subscription streaming video battlefront, extending media’s new “Golden Age” for creators and further skyrocketing content-related development and production costs (including the price tags for A-list marquee talent). Fierce premium OTT video competitors i... |
Meanwhile, the newly expanded list of virtual MVPDs (multi-channel video program distributors) fix their initial flaws, offer consumers real competitive choice, and hasten consumer cord-cutting even further. Whereas we started 2016 with 2-3 real, viable mainstream choices in the U.S. for live television, as of 2019, co... |
Amidst this battle of video giants, several smaller so-called “niche” or segment-focused video players either expeditiously find their uniquely compelling voice and build a fandom-fueled multi-pronged monetizing brand around it, or simply get lost in the noise. |
PREDICTION #2 – Media-Tech driven M&A continues to rule the day in all segments. On the video side, both traditional media companies and undercapitalized and underperforming privately-held new media companies languish in this beyond-crowded OTT video space and become logical M&A targets. |
M&A is a hallmark of the overall digital, multi-platform tech-infused transformation of the media and entertainment business. Just like AT&T closed its acquisition of storied traditional (yet slow-moving) Time Warner ($85 billion), Disney beat back Comcast to acquire Fox’s entertainment assets in 2018 ($71.3 billion), ... |
And don’t just look within U.S. borders. No virtual wall exists in our borderless new media world, which means that M&A’s pace will accelerate internationally as well. Remember, the Comcast/Sky deal represents a U.S. behemoth’s ambitions to significantly expand its footprint into multiple European territories. Lots of ... |
To be clear, not all M&A will flow from weakness. Sometimes the numbers offered simply will be too high to reject. But make no mistake. Weakness will abound amidst hyper-competition, and winners will swallow up losers in an environment of accelerating M&A. Many of the so-called niche-focused OTT video services still pr... |
PREDICTION #3 – The music industry’s streaming-driven turnaround continues and streaming revenues accelerate, but pure-play music services led by Spotify continue to hemorrhage money as losses mount. Meanwhile, the giant “big box” retailers of the day — Apple, Amazon and YouTube (particularly YouTube) — brazenly march ... |
Yes, Spotify boasts massive scale. Yet, scale alone does not financial success make. In fact, pure-play growth success leads to higher and higher losses due to sobering industry economics these pure-plays can’t stomach, but the behemoths can due to their multi-pronged business models. These harsh realities mean that in... |
PREDICTION #4 – Tech-driven media companies thrive and increasingly dominate the entertainment world by using data to their advantage. They use AI, voice and machine learning to dominate further and even more broadly infiltrate our lives and impact our media and entertainment experiences. |
Netflix, Amazon and Facebook increasingly mine their deep data about all of our hopes and dreams to maximize “hits” and minimize “misses” as compared to traditional media companies. In many respects, the studios simply can’t compete. Faced with that reality, the quest for data — and the services that provide, analyze a... |
Meanwhile, the new tech-driven media giants hope to increase their overall Media 2.0 dominance through the soothing voices of Alexa and Siri (sorry Google, yours is a little less so) and the overall AI/machine learning revolution. “Virtual assistants,” “smart speakers” (or whatever you want to call them) increasingly d... |
More exotically, and perhaps somewhat alarmingly, AI also increasingly drives so-called “intelligent” creation. AI already develops movie trailers that some believe approach the impact of their human-generated counterparts. You be the judge — check out the first AI-produced movie trailer, care of IBM’s Watson, for the ... |
So, AI may become a real threat even to creative pursuits that, up to this point, most in Hollywood believe are untouchable by computers, bots, and robots. Tesla maven and global futurist Elon Musk is downright dystopian and takes things even further, warning that AI may be an ultimate global threat to us all. Musk twe... |
Amazon is releasing a software development kit that will let developers integrate Alexa into smart screen devices. |
PREDICTION #5 – Behemoths Apple, Google and Facebook, together with other tech-driven media giants and deep-pocketed financiers from around the world, increase their already-massive investments in immersive technologies and accelerate mainstream adoption of AR. |
AR’s gold rush means continued growth in the related wearables market and consumer adoption of AR-driven eyewear. Investors of all stripes also continue to throw boatloads of cash into the overall immersive space to fuel the development of experiences (including real world live entertainment and storytelling, not only ... |
PREDICTION #6 – 5G Networks launch, reveal their early media and tech promise and possibilities, and begin to transform our media and entertainment experiences (as well as the overall ecosystem that supports them). |
5G networks are critical for media experiences that require low latency, including AR, VR, and eSports. For AR, 5G reduces the size of consumer headsets, because processing is now done on the network itself rather than on the device. That makes wearables increasingly user-friendly and fuels further innovation and adopt... |
Jeffrey Katzenberg’s and Meg Whitman’s new mobile-driven Netflix-like premium video service Quibi (formerly NewTV) certainly saw this train coming, and jumped on first. |
PREDICTION #7 – The oft-overlooked, yet potentially game-changing, live entertainment and event plank increasingly finds itself in multi-platform Media 2.0 strategies, deepening overall brand engagement and monetization possibilities. Expect more significant “offline”-related experiments, initiatives and M&A by both tr... |
Call this the “Amazon Effect,” as players across the Media 2.0 ecosystem stop scratching their heads about Amazon’s direct-to-theater film releases, brick and mortar retail expansion, and Whole Foods superstore operations – and, instead, increasingly study, respect and emulate them. Netflix certainly did in 2018. After... |
Amazon understands what most still haven’t even considered – that direct, non-virtual offline consumer engagement may be the most impactful plank of them all, driving online engagement into the real world (and then back again) to create a virtual cycle of daily brand engagement and consumer monetization every step of t... |
So, while MoviePass may go the way of the Dodo bird in 2019, movie theaters themselves will not die. They simply will be re-imagined. We humans, after all, are social creatures. We like to get out, and we won’t be satisfied binging on Netflix alone. Movie theater subscription services most definitely are here to stay, ... |
PREDICTION #8 – The #MeToo Movement continues to transform the face (and faces) of both old and new media. And, new faces will invest new industry dollars in new (and frequently very different) content choices, bringing us new (and frequently different) stories and transforming our media and entertainment experiences. |
Revelations aren’t over. Abuse was simply far too pervasive. Old players are gone. New, frequently younger, tech-driven media savvy faces get a seat at the decision-making table. They change the game of “what” and “how” we experience content. |
Ultimately, #MeToo both cleanses the overall new media industry, and fills our plates with very different media and entertainment choices. |
PREDICTION #9 – Fake news, fraud and breaches of privacy continue unabated and accelerate, as does marketing concern for “brand safety.” These seemingly unstoppable negative forces continue to place downward pressure on ad-dependent open platforms. |
Make no mistake, we are in the midst of hacking wars, the likes of which we’ve never seen. This “good versus evil” reality is here to stay, and players across the tech-driven media and entertainment ecosystem either significantly increase their investments in counter-measures and related PR, or risk the wrath of consum... |
PREDICTION #10 – Blockchain technology and crypto-currency-fueled investment and experimentation, already over-hyped and under-performing, continues apace. Yet, once again, there will be little to show for it in the world of media and entertainment. At least for now. |
Early blockchain leaders continue to be irrationally overvalued, which is always the case with any nascent market. But, on a happier note, the voice of blockchain technology – heard thus far mostly in investment circles with promises of “instant millions” (or even billions) – becomes increasingly heard for its more pos... |
2019 certainly will push 2018’s Media 2.0 boundaries noticeably further, driven by these and other industry meta-forces. But, these changes will be barely noticeable compared to the seismic shifts to follow in the next ten years. |
I close with Paramount futurist Ted Schilowitz’s perspective on all of this. In our conversation, Ted points to two phenomena — the first of which he calls “the known unknown,” and the second he calls “the ten year curve.” “The known unknown” refers to what he calls the “scary” fact that we all know that massive tech-d... |
So, what’s “the next big thing?” Ted calls it the “the evolution of the screen” – so-called “visual computing” via new forms of eyewear (wearables) that replace our smartphones. Think Minority Report-like data and content interaction, and you get the general idea. “Surprisingly little has changed with human/screen inte... |
Yet, here we are. Today. In that “unimaginable” world. That’s how fast it goes. |
Ted is adamant about this inevitable “evolution of the screen” reality, and he is convincing. “I know the next evolution is coming. All of these experiments today are on their way to something really, really significant. 2019 will be very subtle in this revolution. Still for the early adopter, because none of these hea... |
Aides who travelled with Donald Trump during the campaign marveled at the lax health habits of a 70 year-old obsessed with appearance. Here was a man fixated on his personal brand and look like nobody they'd ever seen. His biggest insecurity, his friends say, was his paunch. And yet he ate and worked out (or, rather, d... |
Sure, Trump doesn't drink or smoke. But those were about the only health vices he avoided on the trail. He guzzled Diet Coke all day long. Fast food was a constant. The "three staples," in the words of one aide: Domino's, KFC, and McDonald's. Big Macs were served on silver trays in his private jet. |
Trump's culinary habits have changed since he's entered the White House, an aide insists. He still drinks Diet Coke. But he's ditched the fast food in recent weeks. "The steak-and-potatoes narrative is true," says a source familiar with Trump's routine. "But he also really likes fish and seafood — so, like crab and shr... |
A red-meat guy: Trump loves big steaks, preferably the ones served at his clubs. (His butler told the NYT the steaks would be so well done they would "rock on the plate.") Trump also brags about the bacon he served as appetizers to guests at his Doral golf resort in Miami. His affection for Big Macs was not a real-Amer... |
Snacks: We asked a former aide who spent a lot of time with Trump whether he ever ate fruit or nuts. "Never seen it," the aide replied. Instead, Trump snacks on original-flavored Lay's potato chips and vanilla-flavored Keebler Vienna Fingers. Those two are constants on his plane. |
Drinks: It's well-documented that Trump doesn't touch alcohol. But he loves a virgin Bloody Mary — tomato juice on ice. "It's like his version of a cocktail," says an aide. |
Trump blends food with politics. Says a former aide: "He used to love Oreos but he really did stop eating them once they moved [their plants] to Mexico." |
Caffeine: He doesn't drink coffee. Only Diet Coke or the occasional full-sugared version when it's a particularly trying day at the office. |
Sleep: Very little — maybe four hours. "I've gotten calls from him as late as 1:30 [a.m.] and as early as 4:30," a former aide said. |
Exercise: The only workout Trump gets is an occasional round of golf. Even then, he mostly travels by cart. On the campaign trail he viewed his rallies as his form of exercise. |
Workaholic: Aides say he has no hobbies besides golf. He doesn't hike or hunt, as his sons do. Trump's pleasures revolve around work. He basks in media coverage of himself and in the vast crowds that now attend his every public appearance. |
Why Trump thinks this doesn't matter: "He really believes in genetic gifts," says Trump biographer Michael D'Antonio. "He wants to assume that he can do something that others can't do simply because of who he is." D'Antonio points out that Trump is tall and until his mid-40s "he was probably a little bit blessed with g... |
Why this does matter: At 70, Trump is the oldest president to enter office. He's subsisted most of his life on very little sleep, coupled with little exercise and a high-fat diet. It's possible that Trump's self-conception is correct — that genetics will triumph over habits. Maybe his perpetual motion and unceasing wor... |
There have been complaints about the length of this World Cup. While it can be said that it has been a long and laborious process to the final, no one should complain about the two teams that have finally made that journey. |
There have been a few complaints about the length of this World Cup. While it can be said that it has been a fairly long and laborious process to the final, no one should complain about the two teams that have finally made that journey. |
Australia and India have played by far the better cricket and hopefully will be at their very best on Sunday to give this tournament a befitting finale. This will be their second meeting as they met earlier on Feb 15 at Centurion Park, not very far from the Wanderers Cricket Ground, the venue for this most important cl... |
Throughout this tournament, Australia's game plan has been fairly constant in the field -- unleash the pace ace Brett Lee with support from the immaculate Glenn McGrath and the previously unheralded Andy Bichel at the top order batsmen, and force them into submission. |
So far it has worked and the Aussies haven't had too testing a time when batting second. When they have batted first and haven't posted a large score on the board, the same plan has been successful in defending the small total. |
India's bowling has been performing wonderfully well so far. There should be no need to tinker with that aspect of their game, but they would do well to have a look at their batting. There should be no need to change the actual personnel in the team but they could have a look at the order at which they walk to the crea... |
For one, the top of the order should be changed. Sehwag has not had anywhere near the success that they were hoping for. He hasn't suddenly gone off the boil. But playing against the best opening bowlers in the world with this brand new white ball that -- irrespective of what the manufacturers may say -- does a bit mor... |
Everyone knows his technique is not that of an opener and he will not be as successful outside of India. It's time for a change. |
Sachin Tendulkar should remain at the top of the order where he is happiest. He can totally demoralise any bowling attack. but he should be joined by someone able to blunt the opening attack and see off the new ball. That could be Dinesh Mongia, who has opened in the past or Rahul Dravid whose technique cannot be fault... |
HAMILTON – Ravalli County commissioners appear to have reached an agreement to purchase private land to allow expansion of the Hamilton Airport. |
A few weeks ago it appeared the county might not be able to reach an agreement with the Mildenberger Family. |
Acquiring the 160 acres is seen as the key to plans to expand the airport by extending the runways, an idea that’s been batted about for more than 30 years. |
But now, commissioners are set to discuss a proposed $3 million deal for the land on Friday and then will submit that request to the FAA for funding. |
Commissioners are anxious to get a deal approved because right now the FAA is willing to fund 90% of the airport project, estimated at between $12 million and $15 million. The county’s portion would only be $1.2 million to $1.5 million if an agreement can be reached. |
The board will discuss the possible settlement on Friday. |
The nomination form takes about 10-15 minutes to complete. Just click "Nominate Employer" on the FreedomAward.mil homepage to share how your employer supports you and fellow military employees. Nominations must be submitted by Dec. 31, 2018. |
We recommend you draft your nomination on a Word document then simply paste to the respective questions on the form. |
What will Ukraine gain from its EU deal? |
It triggered months of unrest, but Ukraine has signed an economic agreement with the EU in Brussels. |
Ukrainian President Petro Poroshenko hailed the deal he signed with the EU on Friday - as the most important day in his country's history since its independence. But he did voice some concerns related to security - without mentioning Russia. |
Russia has warned that signing this deal will have grave consequences. An adviser to President Vladimir Putin went as far as describing Ukraine's government as a fascist regime. |
The deal is seen as a victory for pro-EU Ukrainians who drove Russian-backed president Viktor Yanukovich from power after he abandoned the pact last year in favor of cash from Moscow. |
President Poroshenko now hopes to bind his country to the European Union through this accord. He said that the bloc should reward Ukraine for what he called its sacrifices. Adding the EU should promise Ukraine eligibility for full membership. |
The Association Agreement is expected to help provide Ukraine with a path towards economic modernisation, higher living standards and a stronger democracy. |
But at what cost? And what will it mean for the rebellion in the east? |
Amanda Paul - Policy Analyst with the European Policy Centre who specialses in Ukraine-EU integration. |
Alexey Vedev - Director of the Center for Structural Studies with the Institute of Transitional Period. |
We examine how the unfolding crisis has led to key media moments in a country with questionable press freedoms. |
As crucial elections approach, is Ukraine really as divided as people have been told? |
A Florida man wearing a hockey mask painted with a Confederate flag was arrested Friday after refusing police directions to remove the mask as he took part in a protest in support of keeping a statue of a Confederate soldier that was erected outside the county courthouse. |
Ryan Hawks, 39, was collared in front of the Hernando County courthouse for wearing a mask or hood that concealed his identity. |
According to police, Hawks “approached several law enforcement officers while wearing the mask and was advised of the law violation.” Upon being told a second time that he was breaking the law, the 6’, 240-pound Hawk reportedly replied, "You want me to remove the mask? Good luck with that." |
Hawks was freed from jail late Friday night after posting $500 bond. |
According to court records, Hawks’s rap sheet includes a felony grand theft conviction for which he was sentenced to probation. Upon violating terms of his release, Hawks was sentenced to nine months in the county jail. A father of four young children, Hawks was working in the kitchen of an Applebee’s at the time of hi... |
Three important Americans, high in politics and in the military over the past two decades, told their European equivalents that they weren’t getting it. They were not doing their bit to keep the free world, of which they are a part, free. They were not grasping the central importance of Ukraine. |
The Americans said so in the Ukrainian capital Kiev, where over the past weekend Victor Pinchuk, one of the very wealthy oligarchs who are the not-well-hidden wiring of the Ukrainian state, put on his 12th Yalta European Strategy (YES) forum, inviting a galaxy of the past and present mighty to debate the future of his ... |
The loss of Crimea, Russia’s backing of the breakaway militants in Ukraine’s eastern industrial provinces of Donbass and Lugansk, the further impoverishment of the already poor country, shorn of 25 percent of its industrial capacity and unable to attract international investment, is again the backdrop to the YES forum. |
And the fact that this should be so, and that the country is no nearer to recovering its lost lands or beating back the invading neighbor, is the cause of the Americans’ frustration. Full-scale fighting has stopped and a ceasefire is, formally, in place. In fact, on the first day of the conference, Ukrainian President ... |
Larry Summers, a former U.S. treasury secretary, lauded the “extraordinary effort” made by Ukraine to improve its financial position (painful cuts have been much of the cure) — and demanded a matching effort from the Europeans. |
Strobe Talbott, former U.S. deputy secretary of state and now head of the Brookings Institution, said he believed that, on the Russian side, “the cease fire is not an attempt to get peace, but to lull the west — perhaps especially Paris — into dropping its guard.” President Francois Hollande of France, a guarantor with... |
There are Europeans who think the same. Also present in Kiev were two former foreign ministers, Radek Sikorski of Poland and Carl Bildt of Sweden, who had pushed the European Union into bringing Ukraine into an association agreement, the largest reason for the breach with Russia. |
Sikorski said that “I don’t think the EU is serious about its eastern strategy. We must tell (Russian President Vladimir) Putin he cannot win — and if he moves further into Ukraine, we will deliver arms.” But neither Sikorski, nor Bildt, are in power now. |
But the Europeans, struggling with a migrants’ flood, the euro crisis unsolved, now wish for an end to sanctions which hurt their exporters and freeze relations with Russia. Hollande is in the lead: He’s under pressure from industrialists and the agriculture lobby to open up the Russian market again, and with Merkel ha... |
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