An update on Louis CK's no-DRM experiment in direct-selling a $5 comedy concert video: he's crossed the $1M mark and he's giving half the money to staff bonuses and charity: "One million dollars. That's a lot of money. Really too much money. I've never had a million dollars all of a sudden."
Target, Gap, American Eagle Outfitters, and other large retailers are reporting that they have a glut of inventory and it's costing them too much to store the stuff. Then there's the pile of inflowing returns. According to retail consultancy Strategic Resource Group, many big name stores—which the firm doesn't name—are considering whether to tell customers… READ THE REST
E-sports stars have short careers—shorter than sports stars. The general assumption is that the coordination and focus required selects for youth even more than athletic performance does, but medical experts say that's not at all true. Instead, the Washington Post's Jonathan Lee traces more complex causes: success leads to an entrepreneurial track promoting gamer bric-a-brac;… READ THE REST
Amazon is to close all its "physical" bookstores among dozens of others, reports Publishers Weekly, ending a six-year experiment even as other brick-and-mortar efforts thrive. Many industry observers believed Amazon's goal in opening the stores was to experiment with new shopping technologies, showroom its book and book-related offerings, and examine consumer behavior. Indeed, after the… READ THE REST
We thank our sponsor for making this content possible; it is not written by the editorial staff nor does it necessarily reflect its views. Would you wash your floors with an already dirty mop? Would you dust off your shelves with the same rag you used the last time, the one that still contains the… READ THE REST
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