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Logan’s Early Success Hints at Possible Change for Fox

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After 17 years, Hugh Jackman has become almost synonymous with the Marvel character Wolverine, the role that essentially launched his acting career. But now, after almost two decades, the franchise is shutting down. Fox released Logan this weekend to massive success, seeing more $250 in opening weekend box office sales worldwide. That number is even more impressive when you take into consideration its R rating, meaning that kids, the majority of superhero audiences, could not attend without parents.

Between the Success of Logan and Deadpool, is Fox Changing Direction With its Movie Strategy?

Logan was expected to be an opening weekend success. But even critics were surprised that the uber-violent superhero movie exceeded its expected $70 million target in the U.S. With one day to go in its opening weekend, the film has already brought in more than $85 million, along with an unending stream of extremely positive critic and audience reviews.

Is 21st Century Fox onto something here?

Short answer – yes. The studio previously experimented with a hard R rating for another superhero movie; Deadpool. That film went on to bring in more than $760 million. Now, Fox has taken another step down that same path with Logan, an ultradark, excessively violent story, showcasing Hugh Jackman and Patrick Stewart in a dark future, with a much more human weakness to the characters.

The fact is, studios only make a fraction of their profits from movies. The goal of a movie is to cover the costs of production. While massively successful movies are a great bonus, a studio’s real money comes from merchandising. A successful opening weekend is basically just a measure of how well merchandise sales may perform. And based on last weekend, Logan merchandise should be through the roof as the newest Wolverine movie just had one of the highest grossing opening weekend of all time, not too far behind Star Wars: Rogue One. which holds the top spot at a $290 million opening weekend.

Now, Fox will stand to see hundreds of millions more generated through Logan merchandise, the majority of which comes by licensing its characters for use on third-party products such as toys, games, school supplies, lunchboxes, clothing, and even snacks.

And that’s not counting the dvd sales or streaming rentals and digital purchases.

Watch the news regarding Logan’s $85 Million opening weekend from Wochit Entertainment:

So while Fox may have produced $250 million in ticket sales this weekend, the real profits come once the credits are done rolling. And if the opening weekend success of Logan is any indication, traders should expect to see shares of Twenty-First Century Fox, Inc. (FOX) to rise.

Get the latest news on Snapchat’s day one success right here!

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Paypal Acquires Honey for $4 Billion

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Left to right: Honey Co-Founders Ryan Hudson and George Ruan (Photo courtesy PR Newswire)

PayPal Holdings, Inc. announced that it has agreed to acquire Honey Science Corporation, a rapidly-growing technology platform for shopping and rewards, for approximately $4 billion. Honey, in combination with PayPal’s two-sided network, will transform the shopping experience for PayPal’s consumers while increasing sales and customer engagement for its merchants.

Founded in 2012, Honey is best known as a popular discovery tool that helps consumers find savings as they shop online. Honey has continued to grow and evolve, expanding its suite of products and services to include a mobile shopping assistant, offers and rewards program, and price-tracking tools and alerts. With approximately 17 million monthly active users, Honey has helped millions of people find more than $1 billion in savings in the past year. Honey currently works across approximately 30,000 online retailers ranging from fashion and technology, to travel and pizza delivery.

The acquisition supports PayPal and Honey’s shared mission to simplify and personalize shopping experiences for consumers while driving conversion and increasing consumer engagement and sales for merchants. The combination will help accelerate growth across both companies. Honey will accelerate its growth by driving adoption among PayPal and Venmo’s more than 275 million active consumer accounts and sourcing exclusive offers from PayPal’s extensive network of 24 million merchant accounts. Honey will enable PayPal to reach consumers at the beginning of their shopping journeys and will enhance PayPal’s ability to help merchants acquire and convert consumers by delivering offers that are personalized, timely, and optimized across channels.

“Honey is amongst the most transformative acquisitions in PayPal’s history. It provides a broad portfolio of services to simplify the consumer shopping experience, while at the same time making it more affordable and rewarding,” said Dan Schulman, president and CEO of PayPal. “The combination of Honey’s complementary consumer products with our platform will significantly enhance our ability to drive engagement and play a more meaningful role in the daily lives of our consumers. As a partner of choice for our merchants, this is another way that we can help them build and strengthen their customer relationships, provide personalized offers, and drive incremental sales. The combination of Honey and PayPal adds another significant and meaningful dimension to our two-sided platform.”

Following the acquisition, Honey will retain its headquarters and brand in Los Angeles, California. Honey co-founders George Ruan and Ryan Hudson will continue to lead the Honey team as part of PayPal’s global consumer product and technology organization, reporting to Senior Vice President John Kunze.

“Honey’s vision has always been to give consumers the tools they need to make the best decisions with their money,” said Ruan. “PayPal shares that vision and together we can build powerful commerce capabilities that create real value for both consumers and retailers around the world.”

“Combining PayPal’s assets and reach with our technology, we can build powerful new online shopping experiences for consumers and merchants,” said Hudson. “We’ll have the ability to help millions of retailers efficiently reach consumers with offers that deliver more and more value to Honey members.”

Honey was profitable on a net income basis in 2018. Subject to customary closing conditions, including the receipt of regulatory approvals, the transaction is expected to close in the first quarter of 2020. The acquisition is expected to be accretive to PayPal’s non-GAAP earnings per share in 2021.

Perella Weinberg Partners LP is acting as sole financial adviser to PayPal, and Skadden, Arps, Slate, Meagher & Flom LLP is acting as its legal adviser with regard to the transaction. Qatalyst Partners is acting as sole financial adviser to Honey, while Latham & Watkins, LLP is acting as its legal adviser.

About PayPal

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering 300 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

About Honey

Honey Science Corporation is an L.A.-based tech company building tools to help people save time and money when shopping online. What started as a browser extension has grown into a suite of free tools that help everyone shop with confidence. From notifying you when a price drops, to showing you the lowest prices available, Honey provides you with the information that you need to make the best decisions with your money. With approximately 17 million monthly active users, Honey has helped millions of people find more than $1 billion in savings in the past year. Visit www.joinhoney.com to shop smarter.

Forward-Looking Statements

This announcement contains “forward-looking” statements within the meaning of applicable securities laws. Forward-looking statements and information relate to future events and future performance and reflect PayPal’s expectations regarding the impact of this transaction on PayPal’s and Honey’s financial and operating results and business, the operation and management of Honey after the acquisition, and the timing of the closing of the acquisition. Forward-looking statements may be identified by words such as “seek”, “believe”, “plan”, “estimate”, “anticipate”, expect”, “project, “forecast”, or “intend”, and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and any other similar expressions.

Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made, and, accordingly, readers should not place undue reliance on forward-looking statements and information. Factors that could cause or contribute to such differences include, but are not limited to, the timing and possible outcome of security holder and regulatory approvals in connection with the transaction, the possibility that the transaction may not close, the reaction to the transaction of Honey’s customers and business partners, the reaction of competitors to the transaction, the retention of Honey’s employees, PayPal’s plans for Honey, economic and political conditions in the global markets in which PayPal and Honey operate, the future growth of PayPal’s and Honey’s businesses and the possibility that integration following the transaction may be more difficult than expected.

More information about these and other factors that could adversely affect PayPal’s results of operations, financial condition and prospects or that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in PayPal Holdings, Inc.’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission (the “SEC”), and its future filings with the SEC.

The forward-looking statements contained in this announcement speak only as of the date hereof. PayPal expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

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eBay Unveils the Most Interesting and Expensive Purchases of 2019

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eBay Unveils the Most Interesting and Expensive Purchases of 2019
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eBay has released its annual ‘Most Interesting and Expensive Purchases’ of the year list, taking a look back at some of the most notable purchases of 2019. With millions of buyers, ranging from car-enthusiasts, to card collectors to sport superfans and more, eBay connects shoppers with exactly what they want. This year high-end shoppers scooped up everything from rare sports memorabilia, supercars, luxury timepieces, to experiences for good, regardless of the price tag. In 2019 alone, some of the most expensive items sold on eBay fetched more than $4 million.

These high ticket items varied from over $7,000 to $4.5 million. And, the biggest sales came from multiple categories, including investment caliber cards, luxury vehicles, fine watches and more! Record high sales included a Tom Brady 2000 Autographed Playoff Contenders Championship Ticket Trading Card, which sold over $400,000 (signed by the six-time Super Bowl winner set the record for highest-sum ever paid for a football card) and a Michael Jordan 1997 Metal Universe Precious Metal Gems Card that sold over $350,000 (one of 10 ever made and the highest priced basketball card ever sold on eBay).

eBay also pulled the most expensive purchases on eBay for Charity in 2019, which included lunch with Warren Buffett, an overnight stay in the Cinderella Castle Suite at Magic Kingdom® Park, benefiting organizations like The V Foundation for Cancer Research and Homes For Our Troops.

Check out a breakdown of 2019’s most expensive purchases on eBay across gaming, sports, fashion, cars and more!

Top 20 Overall Most Expensive eBay Purchases in 2019

  • 20th Annual Power Lunch with Warren Buffett to Benefit GLIDE: $4,567,888
  • Tom Brady 2000 Autographed Playoff Contenders Championship Ticket Trading Card: $400,100
  • Michael Jordan 1997 Metal Universe Precious Metal Gems Card: $350,100
  • 2015 Lamborghini Aventador Roadster: $349,800
  • 2014 Newmar King Aire Motorhome: $280,000
  • 2019 Lamborghini Urus “Bianco Icarus”: $245,995
  • 1986 Piper Malibu: $225,000
  • 2005 Ford Ford GT: $220,000
  • 2019 Lamborghini Huracan LP580-2: $209,900
  • 2012 Lamborghini Aventador 2dr Coupe: $200,000
  • 2019 Porsche 911: $199,000
  • 2009 Lamborghini Murcielago: $190,000
  • 2013 Ferrari 458 Italia: $185,000
  • 2014 Lamborghini Gallardo LP 560-4 Spyder: $174,995
  • 2013 Rolls-Royce Phantom Drophead: $172,100
  • 2017 Aston Martin Vanquish Coupe: $169,700
  • Magic The Gathering MTG Black Lotus Card: $166,100
  • Patek Philippe Grand Complications Calendar Manual Gold Men’s Watch, 5270G-014: $139,500
  • Patek Philippe Grand Complications Perpetual Calendar Chrono Watch, 5270G-018: $125,000
  • Rolex New 18 Kt Rose Gold Masterpiece Pave Diamond Bracelet, 86285, Sant Blanc: $100,001

Top 10 Most Expensive eBay for Charity Purchases in 2019

  • 20th Annual Power Lunch with Warren Buffett to Benefit GLIDE: $4,567,888
  • Miranda Lambert Closet Clear Out + Meet & Greet: $103,850.29
  • Stay in the Cinderella Castle Suite at Magic Kingdom® Park: $75,600
  • Custom “Moon Landing” Under Armour Curry 6 Shoes Worn & Signed by Stephen Curry: $58,100.00
  • UFC Ultimate Fan Experience + Private Meet & Greet with Dana White: $52,137
  • Pitch Lunch with Dallas Mavericks’ Owner Mark Cuban: $43,108
  • Creation Storm, 2017 Art Piece by April Gornik: $39,100
  • Attend the Premiere of Star Wars: The Rise of SkyWalker: $35,108
  • Alabama Football Experience with Coach Nick Saban: $35,100
  • Ultimate Le Batard Experience: $25,708

Most Expensive Cars Bought on eBay in 2019

  • 2015 Lamborghini Aventador LP700-4 Roadster: $349,800
  • 2019 Lamborghini Urus “Bianco Icarus”: $245,995
  • 2005 Ford Ford GT: $220,000
  • 2019 Mercedes-Benz G-Class: $219,000
  • 2019 Lamborghini Huracan LP580-2: $209,900

Most Expensive Trading Cards Bought on eBay in 2019

  • Tom Brady 2000 Autographed Playoff Contenders Championship Ticket Trading Card: $400,100
  • Michael Jordan 1997 Metal Universe Precious Metal Gems Card: $350,100
  • Magic The Gathering MTG Black Lotus Card: $166,100
  • Magic The Gathering MTG 1993 Alpha Black Lotus Card: $39,900.68
  • Magic The Gathering MTG 1993 Alpha Birds Of Paradise Card: $37,877

Most Expensive Entertainment Memorabilia Bought on eBay in 2019

  • 1964 Rolling Stones First Tour Concert Poster with Ticket Sub, Rare: $25,100
  • World of Warcraft 15th Anniversary Signed Art Print: $20,000
  • Rock-ola Beatles Yellow Submarine Juke Box, Original, New In Box: $18,500
  • Life Size Star Wars R2D2 Remote Control Aluminum Full Size Prop: $17,500
  • 1940s-1950s Hollywood Autograph Collection featuring James Dean, Marilyn Monroe and John Wayne: $15,100
  • Stan Lee Signed Infinity Gauntlet: $15,000

Top Luxury Watches Bought on eBay in 2019

  • Patek Philippe Grand Complications Calendar Manual Gold Men’s Watch, 5270G-014: $139,500
  • Patek Philippe Grand Complications Perpetual Calendar Chrono Watch, 5270G-018: $125,000
  • Rolex 18 Kt Rose Gold Masterpiece Pave Diamond Bracelet: $100,001
  • Richard Mille Automatic Chronograph in Rose Gold/ Titanium Watch : $96,900
  • Rolex Daytona White Gold Auto 40mm Diamond Strap Deployant Watch: $89,950

Top Jewelry Bought on eBay in 2019

  • 5.01 Yellow Diamond in Gold ring + 1ct Side Stones: $65,950
  • 7.31 Ct Light Yellow Princess Cut Diamond in Platinum 18K: $55,000
  • Tiffany & Co 2.52 Ct Lucida Diamond Engagement Ring: $41,500
  • 8.84 Ct Natural Sapphire Diamond Ring: $40,000
  • Roberto Coin Cento 2.008 Ct Round Diamond Solitaire Engagement Ring: $36,000

Top Handbags Bought on eBay in 2019

  • Hermes Birkin 30 Malachite Togo Green Handbag: $9,850
  • Hermes Birkin 30 Black Clemence Leather Palladium Hardware Handbag: $9,500
  • Hermes Birkin Palladium Hardware Handbag with Key and Lock: $9,500
  • Hermes Birkin 30CM Black Gold Tone Togo Handbag: $9,000
  • Hermes Constance Handbag Evercolor 24: $8,924

Top Sneakers Bought on eBay in 2019

  • Nike Zoom Vapor Roger Federer Tennis Shoes: $10,000
  • Nike Air Mag 2016 Back to the Future, Marty McFly, Self Lacing: $9,000
  • Nike Sb Dunk Low “Freddy Kreuger”: $8,000
  • 1985 Original OG Nike Air Jordan 1 Chicago, White, Black Red Bred 4280: $7,500

Top Vinyl Bought on eBay in 2019

  • Northern Soul Del Larks Queen City 1967: $13,101
  • Mozart’s Piano Sonatas by Vlado Perlemuter: $13,000
  • Beethoven’s Violin Concerto by Leonid Kogan: $9,400
  • George Szell Beethoven No 9: $7,760
  • Bob Dylan Freewheelin’ with 4 Different Tracks: $7,500

Top Comic Books Bought on eBay in 2019

  • 1962 Marvel Amazing Fantasy #15, CGC 5.0, Spider Man’s Origin/First Appearance,
  • Huge Key Issue: $32,000
  • Fantastic Four #1: $30,000
  • Amazing Fantasy #15, Origin/First Appearance of Spider Man: $29,999
  • Incredible Hulk #1, Hulk’s Origin/First Appearance: $29,500
  • Amazing Fantasy #15, Spider Man’s Origin/First Appearance: $26,422

Top Action Figures Sold in 2019

  • 1977 Star Wars Action Figures: $12,600
  • Ideal Super Queens Batgirl Original 1967 Action Figure: $6,000
  • Complete Set of Original Star Wars Kenner Action Figures from 1976 to 1985: $5,600
  • Lord of the Rings Action Figures: $4,875
  • Captain Action Super Queen 1967 Ideal Wonder Woman: $4,200

Top Video Games Sold in 2019

  • NES Stadium Events NTSC Nintendo Game: $15,499
  • NES Nintendo Kid Icarus VGA 85+, Gold: $14,000
  • Super Mario World Nintendo Black Label SNES: $13,500
  • Nintendo World Championships 1990 NWC Cartridge #273: $13,500
  • Mike Tyson’s Punch-Out Original NES 1989 White Label: $12,211

*Data is from eBay purchases globally from 1/1/19 – 12/6/19.
SOURCE eBay Inc.

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16 Finance Podcasts to Try in 2019

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Top Podcasts for Finance

Looking for some great podcasts on money? Look no further. This is a list of the top podcasts for finance.

Listen to them when you’re making breakfast, commuting to work, or falling asleep.

They’re free, popular, and super useful.

1. The Dave Ramsey Show

Famous guru Dave Ramsey talks about the basics of finances in his podcast the Dave Ramsey Show. He’s well-known for helping thousands of people get out of their financial debt. This podcast is perfect for people learning the fundamentals of money.

Dave Ramsey is encouraging for individuals struggling to pay off debt because he spends a lot of time navigating the mental and emotional obstacles of finance.

2. So Money

The podcast So Money, hosted by Farnoosh Torabi, is perfect for beginners in finance as well.

During her interviews, the audience gets to hear uplifting stories about individuals overcoming financial obstacles. You also get industry insights from professionals.

This podcast is directed more towards women but it’s beneficial for all audiences.

3. Planet Money

Planet Money is NPR’s podcast on finances and economics. One way to better understand finances is to understand the economy.

This podcast takes a look at larger societal issues and asks questions like “Are doctors paid too much?” and looks at interesting trends such as “Why the price of coke didn’t change for 70 years.”

4. Financial Independence Podcast

The Financial Independence Podcast is hosted by Brandon, who is also known as the Mad Fientist. He shares updates from his own financial progress including unexpected lessons and unique challenges.

He focuses on early retirement and financial independence and brings on a lot of great guests. This podcast is perfect if you’re building a nest egg for retirement.

5. Radical Personal Finance

The Radical Personal Finance podcast is hosted by Joshua Sheats, who worked for years as a professional financial advisor. Over the years he has discovered what works and what doesn’t. He shares his tools and tactics to achieve your goals more efficiently and quickly.

6. Money Guy Show

The Money Guy Show is hosted by Brian Preston and Bo Hanson. Together they bring their insights and experiences to deliver strategies and tricks on all things finance. Their podcast is featured on Fox Business, The Wall Street Journal, Newsweek, and much more.

7. The Smart Passive Income Online

Smart Passive Income is a podcast hosted by Pat Flynn and focuses particularly on making passive income. Flynn shares his strategies in generating passive income to save time and energy. This podcast is all about making your money work for you.

8. Wake Up to Money

Wake Up to Money is BBC’s podcast for “News and views on business in the world of personal finance.” It focuses on the latest news and trends in the global financial market and how it affects your personal finances.

9. The Tim Ferriss Show

Tim Ferriss is a famous best-selling author for his book “The 4-Hour Work Week.” His podcast The Tim Ferriss Show focuses on getting wisdom and advice from celebrities like Arnold Schwarzenegger and LeBron James.

10. Money for the Rest of Us

In their own words, Money for the Rest of Us is “a podcast about money, how it works, how to invest it, and how to live without worrying about it.”

This podcast provides a wealth of insights on how to manage money, lessons we can learn from current events, and how everyday people can practice financial responsibility.

11. InvestED Podcast

The InvestED Podcast focuses particularly on investing. It’s up to date on the latest trends in the news and stock market. It also looks at the biggest names in the industry and analyzes their strategies.

12. We Study Billionaires

The name of this podcast – We Study Billionaires – is self-explanatory. The two hosts, Preston and Stig, analyze the practices of the top investors in the world like Warren Buffett. Then they break down their strategies to apply them on a smaller level for everyday folks.

13. ChooseFI

ChooseFI is one of the leading voices for the FIRE movement. FIRE is a popular strategy that stands for Financial Independence, Retire Early. Two hosts, Jonathan and Brad, experiment with different strategies as they pursue financial independence and then pass along their knowledge to you.

14. Financial Freedom

The podcast Financial Freedom is hosted by Grant Sabatier, who made $1,000,000 by the age of 30. He shares strategies from his own experience and also brings on guests who provide additional tips and tricks. His podcast is all about financially liberating yourself at a young age.

15. HerMoney

The podcast HerMoney is hosted by Jean Chatzky, who is a best-selling author and a journalist on financing. This podcast focuses on the particular challenges women face in the economy. She helps women achieve success in their careers and finances.

16. The BiggerPockets Podcast

The BiggerPockets Podcast focuses on individuals with more money but there’s still a lot of valuable lessons to learn even if you have lower income.

This podcast focuses particularly on real estate investment and has several guest speakers providing a wide variety of advice and tips.

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