This week seems to have flown by for me.
No WaPo articles today b/c they were on a 24 hour strike yesterday…
Eleven Years!
Former police chief turned yoga teacher sentenced to 11 years over Jan. 6 riot
https://www.npr.org/2023/12/07/1217719303/former-police-chief-turned-yoga-teacher-sentenced-to-11-years-over-jan-6-riot
Do’h
Hunter Biden is indicted on federal tax charges
https://www.npr.org/2023/12/07/1218054174/hunter-biden-is-indicted-on-federal-tax-charges
Well that is quite the headline:
Sprots! (Posting this one because it sounds like a headline from Letterkenny)
‘Absolutely freaking embarrassing’: Just how bad are the San Jose Sharks?
https://www.theguardian.com/sport/2023/dec/07/san-jose-sharks-worst-nhl-team-column
Stonks!
Spotify’s CFO is out days after mass layoffs
https://www.theverge.com/2023/12/7/23992712/spotify-cfo-paul-vogel-leaving-layoffs
Today in turtle content:
Have a great day!
To be fair, the San Jose Sharks—I’ll stop there. I have no idea what the San Jose Sharks are.
But speaking of sharks, did you know that Ann Coulter was in one of the Sharknado movies? Yes. She plays the Vice President, I think, and at one point surfs down a shark-infested staircase. Good for you Ann. Anyone who doesn’t take themselves too seriously wins points with me, no matter how retrograde some of their thinking might be.
All those Republican authors and pundits are just failed entertainers who wanted so badly to be popular, but have no scraps of talent. Sad!
A friend of mine who is a modeler and (published) historian/script writer/writer attracted a number of right wing trolls who attacked him after his protest against the 2003 Iraq Conquering. All of them were originally online friends (despite being hardcore wingnuts) and turned out to be failed authors who were pissed this guy was being published and used his Iraqi protest against him as an excuse to attack him.
John Scalzi had the same thing happen on a broader scale. A gaggle of untalented science fiction hacks decided that he was only getting awards because of his liberal viewpoint. They tried to engineer a takeover of the Hugo Awards and failed dismally. Scalzi is still producing bestsellers.
The clown getting 11 years is why you never defend yourself in court (unless you are a lawyer.)
Also, never name your group after a notorious/controversial Vietnam War CIA/Special Forces program used to assassinate/torture/kidnap suspected Viet Cong officials.
I think we can reduce this to its basic components.
1. Don’t be an idiot.
That’s pretty much it. All the other stuff (Republican, MAGA, J6, stupid names, being your own lawyer) stems from that one original flaw.
Admitting being an idiot is the hardest step. I’ll admit to that, but the truth shall set you free.
What is a chocolate mogul and how do I get that job? Seems like there’s going to be an opening. Is there a training program, or some sort of graduate school curriculum? Pretty sure I can ace the tests. I’ve also managed to avoid murdering anyone for my entire life, so I should probably put that on my resume.
You’ve got my vote.
I tell ya what though, the actual real news is gonna put The Onion out of business.
You could commune with the ghost of Milton Snavely Hershey, the founder of the Hershey chocolate empire. I just read recently (so much time on my hands) that he and his wife were due to board the Titanic, what he was doing abroad is unknown (to me), but they caught an earlier ship. This might be apocryphal but I love stories like this.
I’m still haunted by the thought of the dozen dogs aboard and the three who survived, smuggled in the coats of their female owners, including a Vanderbilt. The kennels. The dog walkers who cared for those dogs. All gone. But they would be anyway. They’d be like 150 if they were still alive, which is not yet possible.
…I’m not saying you have to convert to being a quaker or anything but you could pick a worse example to follow than cadbury?
https://www.bvt.org.uk/our-heritage/
Speaking of the Titanic, here’s an earworm that’s going to haunt your weekend:
I love this movie but not in the way most people do. I consider it slapstick comedy, not a tragic love story. I think mine is a minority opinion. I’ve screened this twice in my apartment for a receptive audience and provided commentary. “I can see your point, Mattie. I saw this in a theater when it came out, and I was crying when I left, but now I’m crying because I’m laughing so hard. That is your gift.”
Well, some people think so anyway.
That is the only way I could watch this movie.
Too late Bryan, you’re already born.
Yeah. I also suspect the “100% murder-free” thing is not the big selling point that I originally thought in terms of mogulship.
Someone didn’t waste any time finding a new grift.
https://www.wired.com/story/george-santos-cameo/
Although, what’s funny is that I heard Senator Fetterman paid Santos on Cameo to troll Menendez. That’s hilarious.
Spotify’s struggles are interesting.
This article largely parrots the company line. It’s not my fault! It’s the economy! It’s lazy workers!
https://www.businessinsider.com/spotify-cfo-leaving-after-laying-off-staff-2023-12
This article digs deeper — Spotify bet big on podcasts and tried to make a bunch of them only available through Spotify, which tanked their audience.
https://techcrunch.com/2023/12/07/spotify-layoffs-podcast-industry-fallout/
The thing about podcasts is they are always going to be relatively labor intensive compared to Spotify’s core business — offering “free” music without paying royalties, then larding up those broadcasts with so much annoying ads that people switch to subscriptions.
VCs hate anything with even modest labor costs, and that’s part of it. I think another piece of it is that it’s harder to con advertisers about audiences. You can manipulate app downloads and pretend people are listening to the ad supported music streams for 16 hours a day. I think it’s harder to pull off with podcasts, especially if they’re sponsored.
The online advertising world is smoke and mirrors. And I think the ultimate problem for VCs is that the more they turn it into a swamp, the harder it is for advertisers to rationalize spending money there.
Or maybe not overpay for Joe Rogan.
Or, Harry and Megan.
What neither story even mentions is that Spotify posted a massive profit last quarter.
https://www.cnbc.com/2023/10/24/spotify-spot-earnings-q3-2023.html
This is all about Q4 executive bonuses.
…see, now this is morbidly fascinating to me…ages ago the informationisbeautiful lot did a graphic about how many sales/plays/streams an artist needed to pay a living wage…& the model for streaming was an absurd number of the sort almost nobody hits
…but they post these massive profits & their stock price ratchets its way upwards & they pay out here & there for investors…& throw netflix quantities of cash at something a spreadsheet would call guaranteed return on investment by buying the exclusive on joe rogan & his patented took-one-too-many-upside-thr-head approach to the give-the-people-what-they-want school of “just asking questions”…so…I wouldn’t be sorry if they imploded…but their prospects seem more resolutely buoyant than I’d have guessed…so I can’t help but wonder what it is I’m failing to consider?
I think this is an interesting deep dive into their financials.
https://www.rollingstone.com/music/music-features/spotify-profitable-how-happen-910456/
Subscriber revenue is up, partly due to price hikes, while ad revenue is down. Royalty payments are also down. Payroll costs are obviously going way down.
They’re going the route of cable TV providers, which got fat off of endless rate hikes and cost cutting, with the obvious question of whether the streaming music industry is going to benefit from the monopoly stability that cable providers had for roughly 30 years.
I think they underpay the artists just a little!
This. I’ve been trying to explain this to people for years now. Throwing money at online ads is basically setting it on fire. There are actually case studies of companies who ditched all their online marketing and increased profits significantly. There are ways to use the Internet to reach people (I do it every day) but putting ads on Google (or anywhere else) is not how you do it.
Companies have no meaningful way to tell what the metrics they’re given really mean.
Old school Nielsen and Arbitron numbers, or circulation numbers in print media, were imprecise. But they were worlds better than anything for online advertising.
I know it is truly a competitive field but could this guy be the biggest asshole in Texas?
https://www.yahoo.com/news/texas-attorney-general-ghoulish-abortion-222441057.html
and speaking of assholes, from a leader of the Putin caucus…
https://www.msn.com/en-us/news/politics/sen-mike-lee-wants-the-us-to-sever-ties-with-the-united-nations/ar-AA1lah3m
“The Biden economy is a disaster!!!”
As promised, here is the link to the one-day all-genre ebook sale (today only):
https://earlybirdbooks.com/1000-ebook-sale
Whoops!
I know, it is fake but pretty damn funny!