NFL is 70% Black players, but mostly employs white “experts”
Based on new reports, “of the 251 national and regional NFL broadcasters
for the 2018 season, only 19% of them were black” in a league where over 70% of the players are blacks. Among the 75 play-by-play gamecallers, only 3 are black, while only 25 of the 86 analysts are black. For a sport which makes huge revenues on the atleticism and influence of Blacks, it does very little to employ former players to talk about the game, essentially they’re good enough to play, but aren’t allowed to talk about the game. According to another report
, only 28% of the employees in the NFL’s league office are people of color. “At the League Office, 21.7% of the vice presidents and above are people of color. At the teams, only 11.7% are people of color.”
Pfizer found a gold mine in vaccine for seniors
Over the past 4 years, Prevnar 13, a vaccine that protects against pneumonia and other infections, has generated the most sales for Pfizer, raking in $23.4 billion since 2015, and $5.8 billion last year. Thanks to the U.S. government who recommended the vaccine in 2015 for people older than 65 and required insurance to cover it, sales boomed for Pfizer. The price of a single Prevnar 13 shot is about $195, a 79% increase than its price from 2010.
1-800-flowers side hustles as a gift basket company
The OG flower delivery company has been expanding its portfolio of services as flower sales have declined over the last decade. Gift basket which was once its side hustle, has now become the most profitable section of the 1-800-flowers business, bringing $440 million in revenue in 2018 (3x more than its flower sales). The company plans to pump ads to sell even more gift basket popcorn and cookies, because millennials don’t buy flowers.
Venmo expects to slide in $200 million in revenue in 2019
The stepchild of PayPal, has been under pressure from investors to become a revenue machine. So last year, Venmo launched “Instant Cash Out”, which allows customers to instantly withdraw from that Venmo “🍾bottle-service night” balance and deposit the funds to their bank account, rather than waiting for one to three business days, for a transaction fee of 1%. The company also launched a Venmo debit card to millennials, and also made it easy to Venmo businesses like Uber and Grubhub for purchases (deliver eggplant 🍆). These new initiatives are expected to bring revenues for Venmo, which has been touted as the future of PayPal. PayPal reported $4.23 billion in overall revenue last quarter and $15.5 billion for 2018.