Hey movie theaters, if we wanted fruit, we wouldâve gone to Whole Foods.
[The Hustle]( Mon, Mar 27
Hollywoodâs givinâ the people what they want
Or at least itâs trying. Studios are finally moving forward with plans to release movies for streaming at home less than 45 days after they premiere in theaters.
And the rumor is itâll be available by the end of the year for somewhere between $30-50.
After [years of failed attempts]( to shorten the release window, the only questions left arenât whether or not âPremium video-on-demandâ will happen, itâs when and on whose terms.
Why is this so hard to pull off?
Premium VOD is a major upheaval of the Hollywood business model, which involves lots of moving pieces and more conflicting interests than you can shake a stick at.
While the 6 of the 7 biggest Hollywood studios have publicly advocated for shortened release times, theater owners have been a hard sell. Most theaters wonât screen movies that are released sooner that the typical 90-day DVD release cycle for fear theyâll lose out on ticket sales.
Thing is, thatâs happening either way. And, with ticket sales on a [15-year decline]( it seems like they might finally be ready to come to a compromise.
However, agreeing on which movies should be eligible, and how long to wait before releasing them, is tricky -- especially since antitrust laws prohibit studios from talking strategy. Kind of like playing Marco Polo with your ears plugged.
Meanwhile, Netflix is making it look easy
Theyâre producing shows for an [increasingly international audience]( and [pumping out Sandler movies]( like nobodyâs business (people love âem, letâs face it).
Oh, and they already release their original movies for streaming the same day they debut in theaters.
But thatâs the thing -- unlike Hollywoodâs complicated model, the only people Netflix has to please are its viewers. And if big studios canât give the people what they want, you can bet Netflix will.
[Long as we can still get Sno Caps](
âHey rock, meet bottomâ
Theranos, the Silicon Valley equivalent of a jock that peaked in high school and now sells used cars behind the mall, offered to [triple investorsâ shares]( if they promise not to sue the company or the founder.
The new shares will come out of founder Elizabeth Holmesâ personal stake in the company and will cause her to lose majority ownership of the company.
Which, at this point, is kind of like owning half of the Titanic 5 minutes after hitting the iceberg.
Oh, how the mighty have fallen
Once valued at $9B, the blood-testing company had raised $686m, and Holmes enjoyed her 5 minutes as the worldâs [youngest self-made]( female billionaire.
Then, yadda yadda yadda, [she was banned]( from labs for 2 years, [Walgreens sued them]( for $140m for breach of contract, and Rupert Murdoch [sold his $125m stake]( in the company for⦠$1.
You read that right. A single George (Washington).
Turns out Rupe would rather take a $125m loss so he can save millions in taxes on other income. And, technically speaking, he canât claim the loss unless he makes an exit -- hence the sale.
[Better off buying a scratcher](
Mi casa, su startup
Last year, Airbnbâs experimental design studio, Samara, [secretly explored]( more efficient ways of manufacturing small guest houses for peopleâs backyards. Which is pretty f*ckinâ smart.
But apparently, the projectâs been [put on hold](. And, while more companies than ever are dabbling in the construction of cheap, well-designed homes, so far there no clear winners, and a whole lot of losers.
Who else has their hat in the ring?
For one, Google Alphabetâs Sidewalk Labs (classic) is casually talking to real estate developers about buying a factory in Brooklyn to build apartments.
Then there are a slew of little guys trying to make it, like 3D-printing startup, Apis Cor, which recently [âprintedâ concrete walls for a small house]( in less than 24 hours, or [Kasita]( which assembles 352 ft2 homes (what is this, a home for ants??) in-factory for around $139k.
And the construction industry is prime for #disruption
Itâs operated the same way for decades, using trucks to transport materials to housing sites. Wood, hammer, nails, etc.
As a result, the number of houses built per hour hasnât increased since 1945 -- unlike construction costs, which have grown 25% since 2014 in places like San Francisco.
Itâs also got a ton of red tape. Building codes, construction union specifications, and local politics vary from city-to-city, so obtaining rights to construct can be just as tricky as the methods themselves.
Which means the construction startup graveyard keeps growing
Zeta communities [shut down last year]( after raising $10m to construct cheap apartments in the Bay Area, while Blu Homes [closed its only factory]( after raising $160m due to rising costs and regulatory hurdles.
Guess itâll be a while âtil we get that sick pool house we always wantedâ¦
[Or a pool](
And the fastest growing app in America isâ¦
Bitmoji? Thatâs correct -- at least according to [a new report]( from comScore comparing appâs percent change in unique monthly visitors over the past 2 years and obviously not including games.
The custom emoji app increased their users over 5,000% since 2015, but thereâs a big olâ asterisk next to that number. As you may remember, [Snapchat bought]( their parent company, Bitstrips, for $100m back in March 2016.
That acquisition helped them go from [1.2m to 15m downloads]( in a year. Turns out having one of the hottest social media apps pushing your product is a great way to get new users. Shocker.
Second and third place werenât even close
The e-commerce marketplaces, [OfferUp]( and [letgo]( grew by 1,213% and 1,085%, respectively.
Compare that to the mainstays like Venmo (677%), Uber (443%), and Tinder (166%), and itâs pretty clear who the new up-and-comers are in the app game, even if they still have a long way to go for total lifetime downloads.
But the app gold rush might be coming to an end
The big takeaway of comScoreâs [2016 U.S. Mobile App Report]( The average smartphone user downloads zero, maybe 1 app a month.
Which makes sense when you think about it -- when was the last time you added a totally new app to your regular rotation?
As companies go more and more niche, the name of the game now is who can best improve â[real-world engagements]( like, say, hailing a cab, going on a date, and buying a lightly-used sectional.
Or cartoon caricatures of yourself doing weird stuff.
[That always works too](
monday morning review
A trip down the email rabbit hole
Today weâre going to talk about deliverability. Itâs something we wrestle with on a daily basis and, considering youâre reading this email, it affects you too.
Deliverability is the magic that happens between hitting the send button and that new message ding. In an ideal world, the email shows up on time, in pristine condition, between a message from dad and 20% off at Gap.
But, if youâre like us and send hundreds of thousands of emails a day, sometimes the internet service providers (e.g., Google, Hotmail, Yahoo, AOL) hold your sh*t hostage without telling you the ransom amount.
It can get pretty frustrating...
Mostly because there are certain rules everyone has to follow (like using only specific HTML code), but the rest is pretty much a black box.
Weâre doing our best to minimize the variables on our side -- like consolidating to dedicated IP addresses, cleaning up the code, and dotting our tâs, so please bear with us.
In the meantime, we need your help
If you ever have issues with receiving your daily dose of The Hustle, try one (or all) of these potential fixes:
- Drag and drop the email from âPromotionsâ or âSpamâ to your main inbox. It should ask you if you want to do this permanently. Say âYup.â
- Reply back to this email with your first name. Weâll respond back with a joke. Then you reply back with your rating of how good the joke was between 1 and 10 (10 being snorting milk from your nose). Apparently emailing back and forth 3 times is a helluva signal to Google that weâre friends. Plus, jokes.
- Go back through and open a bunch of our past emails. Itâll help us pad our stats⦠I mean, show your email provider that you like our content.
- Start screaming and throwing your hands in the air. The larger the scene you make, the better chance some knowledgeable IT professional will come to your rescue and give advice on firewalls and such. ITâs our only hope.
Good luck and let us know if it works or not. And youâre welcome for that nerdy Star Wars pun.
- John, SVP of Guessing WTF is Wrong
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Dealtime
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