Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.
Sport
I’ve always said the Premier League is commercially 5 years behind the NFL. To anyone who thinks Premier League TV revenues or player salaries are too high, do not read this article on the latest NFL commercial numbers. Some examples:
- The Raiders are building a new stadium in Las Vegas at a cost of $1.7bn. Tottenham Hotspur is building a stadium in London for £800m.
- Roger Goodell is the commissioner of the NFL. He earns $30m per year, compared to Richard Scudamore, the head of the Premier League, who earns £2.5m including bonuses.
- The Premier League does win on salaries though. The NFL has a team salary cap of $167m per team. Compare this to Manchester City’s wage bill (last year) of £225m. Put another way, the top 5 teams in the Premier League has a wage bill higher than the NFL’s cap.
Superb article about the business of football clubs and their Disneyfication (like Manchester City). When I worked at IMG this type of industry knowledge put me off football. I joined the company with a season ticket, left the company after giving up the season ticket and today I hardly go to a single match. http://bit.ly/2eDOgB5
UX
New South Korean digital bank signs up one million users in five days… mainly because of its messaging app. https://www.finextra.com/newsarticle/30898/new-south-korean-digital-bank-signs-up-one-million-users-in-five-days
Do you think you’re watching more videos on YouTube? This is how YouTube perfected the feed. https://www.theverge.com/2017/8/30/16222850/youtube-google-brain-algorithm-video-recommendation-personalized-feed
Nice Instagram case studies from fashion retailers: Dressing Instagram http://bit.ly/2wNsyFB
Data
Under next year’s GDPR law, the credit rating company Equifax will be fined over £45M ($63M) for their data breach of 143 million customers. http://tcrn.ch/2y4CojZ
Here’s how you can find out if you’re affected by the Equifax hack: http://gag.gl/RJxlnX
By 2019, 60% of IT workloads will run in the cloud (up from 45% today) http://bit.ly/2wXb5rM
A lovely infographic showing the Top 20 Tech Companies by Revenue Per Employee http://bit.ly/2ezFzHZ. I suspect this doesn’t include any zero hour contract workers – I’m not sure.
Retail
Interesting article about Thomas Cook’s first year in China & the wider Chinese offline/online approach to travel https://www.tnooz.com/article/thomas-cooks-first-year-in-china
Interesting iInfographic: Starbucks Holds More Cash Than Many Banks http://bit.ly/2wCQHvW
Shameless Endava plug: We’ve written a new Retail, Consumer Goods & Travel Technology Trends Report http://bit.ly/2w1RR1Z
My Blog articles
Recently I’have been asked by a few clients for some tips to help creative or innovative thinking at work. So I put this post together. http://bit.ly/2eA9DDq
A description of future digital business models. Let me know your opinion on the Snapchat concept.
Innovation
7 Deadly Sins of Innovation – very funny https://marketoonist.com/2017/09/7-deadly-sins-of-innovation.html …
Society
Worryingly, 75% of UK children spend less time outside than prison inmates. 20% don’t play outside at all on an average day. http://bit.ly/2gHp296 WTF? If this data is true, it’s very upsetting. Join. The. Scouts. (Shameless plug).
Turn offs
See my comment on the misleading headline of the day “Belgian banks bid to banish passwords with itsme app”. https://www.finextra.com/news/fullstory.aspx?newsitemid=31053
Fun
This article from William Turvill in @CityAM describes how dress code has changed in the City of London. There are some funny anecdotes in there too. http://www.cityam.com/271603/dress-down-friday-dress-down-every-day-city-london-becoming