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Media Reporter, Heard on the Street — Wall Street Journal

Media, telecom & retail for Wall Street Journal's Heard on the Street; 'When in Rome, do as Miriam does'; 212-416-2679; miriam.gottfried@wsj.com

Online Sales Don’t Pay the Rent

blogs.wsj.com — In the Internet age, getting more online sales should be every retailer's Holy Grail-right? Not exactly. Conventional wisdom says e-commerce sales boast higher margins than brick-and-mortar sales. But a closer look at the nuances of fixed and variable costs suggests retailers doing both should prefer sales be made on the shop floor.

Somewhere Over the Rainbow Loom for Michaels

blogs.wsj.com — A hot product can juice holiday sales. The trick is following up one blockbuster with another. That is the challenge for Michaels Companies , which got a boost last year from Rainbow Loom kits that allow crafters to weave bracelets out of multicolored rubber bands.

Netflix, Amazon Have the Measure of TV

online.wsj.com — Knowledge is power. But for TV networks, there is such a thing as too much information. Starting next month, Nielsen will start measuring viewership of Netflix and Amazon.com's Prime Instant Video on televisions. This doesn't require the two companies' consent.

AT&T Seeks Some Southern Exposure

online.wsj.com — AT&T has placed a call to Mexico. It may be only the start of a longer conversation. The company's planned purchase of Iusacell should help it save on charges for calls between Mexico and the U.S. and could be a source of growth as the Mexican wireless carrier's customers upgrade to smartphones and data-heavy plans.

For Hasbro, DreamWorks Looks Like an Expensive Toy

online.wsj.com — Hasbro buying DreamWorks Animation SKG would be a truly transformational deal, just not necessarily a good one. The toy maker is reportedly in early talks to purchase the movie studio responsible for film franchises such as "Shrek." On paper, this makes sense. Hasbro would use DreamWorks to make more films and TV shows related to brands such as...

Twitter’s Soaring Ambition

online.wsj.com — Twitter seems well aware that Wall Street runs on two things: greed and fear. Having seen its stock battered by the latter this year, Twitter pandered to the former at its meeting with analysts on Wednesday, announcing a raft of updates to its platform and optimistic growth scenarios.

Cottoning on to Retailers’ Apparel Prices

blogs.wsj.com — Who says analysts don't do their homework? The retail team at Wells Fargo looked to determine the impact of a 20% drop in cotton prices over the past six months on apparel companies. For that, it used an ordinary kitchen scale.

Drama From Obama for Cable Stocks

online.wsj.com — It can be a scary to find the president on the other side of your trade. And it is a feeling cable investors might have to get used to. Cable stocks tumbled Monday after U.S. President Barack Obama weighed in on the debate over net neutrality-the principle that all content on the Internet should be treated equally.

Sizing Up Big Media’s Big Advertising Problem

online.wsj.com — Big media has been under the weather lately. But investors may not be correctly diagnosing their symptoms. Weakness in TV advertising was a focus of investors last week, as media companies reported third-quarter earnings. From Discovery Communications to Walt Disney, each was grilled on its outlook.

Disney’s Earnings Should Enchant

online.wsj.com — Walt Disney Co. investors have some new best friends. Their names: Elsa and Anna. It has been a while since animated princesses have been as good for business as the main characters of the company's hit film "Frozen." Released last year, it continues to pay off through huge sales of related consumer products.
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Nov 28, 2014

@petereavis @NickTimiraos @uber Good Q. I'm no expert, but it doesn't seem like Uber has focused on fuel efficiency. Luxury seems priority.

Nov 28, 2014

@petereavis @NickTimiraos That story does say 49% of NYC's fleet was hybrid as of September. Definitely could be higher, though.

Nov 28, 2014

Conventional wisdom says e-commerce sales have higher margins than bricks-and-mortar. Here's why that's misleading: on.wsj.com/1vYOOG6

Nov 28, 2014

As if working today weren't enough, cranberry sauce leaked in my bag on the way in and soaked into the corner of the book I was carrying.

Nov 26, 2014

Tension is running high in the grocery store checkout line!

Nov 26, 2014

RT @Shteyngart: This holiday season, why not just stick to buying books and medical marijuana?

Nov 26, 2014

Remember how AT&T said it was halting investing pending a net neutrality decision? Welp, it changed its mind. @tgryta on.wsj.com/11vmq0U

Nov 26, 2014

@M_C_Klein @conorsen Yet I regularly hear people say: "might as well tack on Portland while we're out there."

Nov 26, 2014

@conorsen @M_C_Klein I'm from Portland, and it always blows my mind that East Coasters try to do SF/PDX and SEA in one trip.

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