Short post offering updates on two of my favorite topics.
Last year I wrote about Judge Judy’s high-stakes move to Amazon Prime. My argument was that Judge Judy’s massive viewership might not follow. People who watch Judge Judy have been watching Judge Judy for decades. It’s a routine. They watch it while they tidy up or whittle or stack matchsticks. Inertia will prevent people from breaking in a new habit. They’ll watch whatever comes on in Judy’s place instead of logging on to Prime and watching on demand. That's what I said, but I was wrong. The New York Times wrote that viewers watched Judge Judy for 150 million hours. If you’re wondering whether that’s good or bad, I can’t help you. Conventional TV has third-party rating systems so the public (and advertisers) can measure popularity. THere isn’t yet an alternative for streaming platforms, so Amazon will just make up a metric like “hours watched.” However, more importantly, Amazon renewed Judy’s show and authorized three spin-offs. We may not have the viewership numbers, but we do know the Judy-verse has arrived. America’s greatest judge clearly blew through Amazon’s expectations.
[repost] Judge Judy's recurring revenue
The article was posted about a year ago, and wanted to repost for the holidays (Judge Judy is very festive) and also provide a quick update! The end of the original post questions whether Judge Judy will be as successful on Amazon as she was on basic cable. Amazon paid Judy Sheindlin a reported $25 million for 120 episodes of a new show called Judy Just…
Toys R Us is officially back, again. I covered the rise and fall of the iconic toy store, but the story wasn’t over. Toys R Us was bought by WHP Global, the same company that owns brands like Bonobos and Anne Klein. Right now there's just one store location in New Jersey and then a bunch of “shop-in-shops” at Macy’s around the country. That is a sad, sad place for any company to be in. It was tough to even write that sentence. New Jersey? This year WHP is launching 24 more stores, mostly at airports like Dallas Fort-Worth. Seems like travel retail is the revamped strategy. Stay tuned!
What happened to Toys R Us?
Welcome all new MoneyLemma subscribers! This week’s post comes in video form - it’s another collaboration with our favorite YouTuber Jason from Company Insights.
I have been to toys r us in American Dream Mall in NJ and honestly I don’t have much faith in to survive.. lots of cheap looking / bad quality stuff, me and wifey were disappointed