This is what the flux. I'm Brett and Justin as Monday there seventeenth of March.

This is what the flux. I'm Brett and Justin as Monday there seventeenth of March.

Boy, we may still be a few months away from the end of this financial year, but the ATO has already put out one group who will be on its hit list, and this time it's smallk business owners, particularly those using cash to hide some of their business income. The ATO is using its swanky data matching to ensure they can track inconsistencies and then they're going to come knock itam.

Boy, we may still be a few months away from the end of this financial year, but the ATO has already put out one group who will be on its hit list, and this time it's smallk business owners, particularly those using cash to hide some of their business income. The ATO is using its swanky data matching to ensure they can track inconsistencies and then they're going to come knock itam.

As we head out of summer and get into a euro summer, this is the time when it's the most important to be planning for the middle of the year where you're staying, getting cheap flights and budgeting, which is the key if you want to live your best life in Europe. We have the post holiday money Regrets. We cover the three top tips to prepare for a guilt free eurosummer in the flex Ause. Make sure to check it out.

As we head out of summer and get into a euro summer, this is the time when it's the most important to be planning for the middle of the year where you're staying, getting cheap flights and budgeting, which is the key if you want to live your best life in Europe. We have the post holiday money Regrets. We cover the three top tips to prepare for a guilt free eurosummer in the flex Ause. Make sure to check it out.

Three insightful stories today Josie Boy, Let's do it for our first. Disney is making a big play for a new demographic of customers in Australia as it adds ESPN to Dizney plus Mickey.

Three insightful stories today Josie Boy, Let's do it for our first. Disney is making a big play for a new demographic of customers in Australia as it adds ESPN to Dizney plus Mickey.

Mouse pulling on a basketball guernsey, b Man, what is going on here?

Mouse pulling on a basketball guernsey, b Man, what is going on here?

So jazzy boy. Disney is one of the biggest brands in the whole darn universe.

So jazzy boy. Disney is one of the biggest brands in the whole darn universe.

With some of the most iconic movies and shows in the whole wide world.

With some of the most iconic movies and shows in the whole wide world.

We'd be talking Beauty and the Beast, Monsters, inc Aladdin, Marvel, Star Wars, and about a squillion others.

We'd be talking Beauty and the Beast, Monsters, inc Aladdin, Marvel, Star Wars, and about a squillion others.

And b Man. After the success of Netflix, Disney launched streaming service Disney Plus in twenty nineteen in the US and then shortly after in Australia.

And b Man. After the success of Netflix, Disney launched streaming service Disney Plus in twenty nineteen in the US and then shortly after in Australia.

And Disney Plus has grown to three point one million Ossie subscribers.

And Disney Plus has grown to three point one million Ossie subscribers.

But Beman. Apart from the cartoons and the superheroes, Disney also owns ESPN.

But Beman. Apart from the cartoons and the superheroes, Disney also owns ESPN.

The sports broadcaster that owns the rights to the NBA, NHL and UFC fights.

The sports broadcaster that owns the rights to the NBA, NHL and UFC fights.

And Beman, Well, Disney has millions of streamers, he wants.

And Beman, Well, Disney has millions of streamers, he wants.

To acquire more of a particular demographic, young male sports fans, which interestingly is.

To acquire more of a particular demographic, young male sports fans, which interestingly is.

A group that skews towards rival streaming services.

A group that skews towards rival streaming services.

So now Disney will roll out ESPN as part of its Disney Plus offering here in Australia.

So now Disney will roll out ESPN as part of its Disney Plus offering here in Australia.

For now, ESPN will still be available on Foxtel and KO but who knows how long and be man, it is pretty clear that Disney plans to grow its market share through its bundling.

For now, ESPN will still be available on Foxtel and KO but who knows how long and be man, it is pretty clear that Disney plans to grow its market share through its bundling.

Oh yes, so what is the key learning here?

Oh yes, so what is the key learning here?

Bundling allows companies to attract new customers. We are creating an entirely new product.

Bundling allows companies to attract new customers. We are creating an entirely new product.

By combining major sports with existing movies and TV shows, Disney Plus increases its appeal to a broader audience.

By combining major sports with existing movies and TV shows, Disney Plus increases its appeal to a broader audience.

Especially younger male sports fans.

Especially younger male sports fans.

And Jose Boit. Many of these sports fans might not have been interested in Disney Plus for things like Marvel or Pixar content in the past.

And Jose Boit. Many of these sports fans might not have been interested in Disney Plus for things like Marvel or Pixar content in the past.

But now they might subscribe for live NBA or UFC events.

But now they might subscribe for live NBA or UFC events.

And bundling can also boost customer retention.

And bundling can also boost customer retention.

Yeah, when subscribers get access to both entertainment and live sports in one place, they're less likely to cancel.

Yeah, when subscribers get access to both entertainment and live sports in one place, they're less likely to cancel.

We've seen this approach work with Amazon.

We've seen this approach work with Amazon.

In fact, Amazon Prime Videos churn rate is just eight percent, which is the lowest in the streaming industry.

In fact, Amazon Prime Videos churn rate is just eight percent, which is the lowest in the streaming industry.

Because it comes with Amazon Primes shopping perks.

Because it comes with Amazon Primes shopping perks.

So b Man, Disney's hoping that by making ESPN part of the Disney Plus package, it can win over a whole new group of AUSSI.

So b Man, Disney's hoping that by making ESPN part of the Disney Plus package, it can win over a whole new group of AUSSI.

Subscribers for our second story. The owner of Pokemon Go is going to sell its gaming division for three and a half billion US dollars to a video game developer named Scopily.

Subscribers for our second story. The owner of Pokemon Go is going to sell its gaming division for three and a half billion US dollars to a video game developer named Scopily.

I remember when everyone and their dog were out catching Pokemon. Be man, what is going on here? Good times, Josey boy.

I remember when everyone and their dog were out catching Pokemon. Be man, what is going on here? Good times, Josey boy.

Everyone was obsessed back in the day with the idea of catching Pokemon in the real world.

Everyone was obsessed back in the day with the idea of catching Pokemon in the real world.

Yeah, and be Man. Since it's released in twenty sixteen, Pokemon Go has raked in over five point eight billion US dollars in revenue.

Yeah, and be Man. Since it's released in twenty sixteen, Pokemon Go has raked in over five point eight billion US dollars in revenue.

That's basically the GDP of a small country like Malta.

That's basically the GDP of a small country like Malta.

And b Man, it's not all nostalgia. The game still has over one hundred and fifteen million active users every month.

And b Man, it's not all nostalgia. The game still has over one hundred and fifteen million active users every month.

Even though that's half the number of players that had during its peak back in twenty sixteen.

Even though that's half the number of players that had during its peak back in twenty sixteen.

There's still a whole lot of Pokemon trainers out there. B Man. Yep.

There's still a whole lot of Pokemon trainers out there. B Man. Yep.

But now Neantik has decided to sell their gaming division to Scopoly for three and a half billion dollars.

But now Neantik has decided to sell their gaming division to Scopoly for three and a half billion dollars.

Which includes Pokemon Go.

Which includes Pokemon Go.

And who is this Scopily that you speak of.

And who is this Scopily that you speak of.

Well, they're an American video game developer that's now owned by the Saudi Sovereign Wealth Fund.

Well, they're an American video game developer that's now owned by the Saudi Sovereign Wealth Fund.

And this deal between Neantic and Scopoly is Saudi's way of adding a power up to their esports portfolio.

And this deal between Neantic and Scopoly is Saudi's way of adding a power up to their esports portfolio.

So what is the key learning here?

So what is the key learning here?

A sovereign wealth fund is a bit like a giant investment account for an entire country.

A sovereign wealth fund is a bit like a giant investment account for an entire country.

Instead of letting extra money just sit around, governments invest it into different assets and even countries need to diversify their investments, especially countries that rely on natural resources to generate their income.

Instead of letting extra money just sit around, governments invest it into different assets and even countries need to diversify their investments, especially countries that rely on natural resources to generate their income.

So Jaziboi. Even though Saudi Arabia is the largest oil exporter in the world, oil is obviously a limited resource.

So Jaziboi. Even though Saudi Arabia is the largest oil exporter in the world, oil is obviously a limited resource.

And Saudi Arabia needs a plan B in case this runs out one day.

And Saudi Arabia needs a plan B in case this runs out one day.

The idea behind Saudi's Wealth Fund is to decrease its dependence on oil.

The idea behind Saudi's Wealth Fund is to decrease its dependence on oil.

And enable them to develop other industries like tech, entertainment and tourism.

And enable them to develop other industries like tech, entertainment and tourism.

And Australia also has a sovereign wealth fund called the Future Fund, and that was established in two thousand and six.

And Australia also has a sovereign wealth fund called the Future Fund, and that was established in two thousand and six.

And man, that's got a lazy two hundred and twenty five billion dollars funded into it.

And man, that's got a lazy two hundred and twenty five billion dollars funded into it.

Nothing to sneeze out if you ask me, but quite minute compared to the Saudi Fund, which is worth nine hundred and thirty billion US dollars.

Nothing to sneeze out if you ask me, but quite minute compared to the Saudi Fund, which is worth nine hundred and thirty billion US dollars.

So Man, well, it might seem surprising that Saudi Arabia is buying up video game companies, actually a strategic move to level up their economy.

So Man, well, it might seem surprising that Saudi Arabia is buying up video game companies, actually a strategic move to level up their economy.

For our third and final story, the owner of retailer Zara has seen its revenue jump over twelve billion US U S dollars for the last quarter, but it's warned of a very uncertain future because of tariffs and US demand.

For our third and final story, the owner of retailer Zara has seen its revenue jump over twelve billion US U S dollars for the last quarter, but it's warned of a very uncertain future because of tariffs and US demand.

Nothing like a bit of fast fashion and global trade drama to keep things interesting, be man, so tell me.

Nothing like a bit of fast fashion and global trade drama to keep things interesting, be man, so tell me.

More, okay. So. Indi Texts is the parent company of fast but premium fashion retailer Zara and its classier cousin Masmo Duty.

More, okay. So. Indi Texts is the parent company of fast but premium fashion retailer Zara and its classier cousin Masmo Duty.

It also owns Bursch, Gerpull and Bear Zara Home now Jazibo.

It also owns Bursch, Gerpull and Bear Zara Home now Jazibo.

Indi text was originally found that in Spain in nineteen eighty five, but has grown to become the world's largest fast fashion retailer.

Indi text was originally found that in Spain in nineteen eighty five, but has grown to become the world's largest fast fashion retailer.

We've been talking over eight hundred stores across fifty markets in the world.

We've been talking over eight hundred stores across fifty markets in the world.

And they've seen their quarterly revenue jump to twelve point two billion US dollars, up nearly one bill from the same period last year.

And they've seen their quarterly revenue jump to twelve point two billion US dollars, up nearly one bill from the same period last year.

But be man Despite the positive quarterly update, there are a couple of red flags for investors.

But be man Despite the positive quarterly update, there are a couple of red flags for investors.

Yes, well, in twenty twenty three, the Americas accounted for around twenty percent of all sales, but.

Yes, well, in twenty twenty three, the Americas accounted for around twenty percent of all sales, but.

In twenty twenty four, the America has dropped to just eighteen point six percent of all sales.

In twenty twenty four, the America has dropped to just eighteen point six percent of all sales.

And actually, despite this fall in sale in that region, it's actually jacked up its pricing.

And actually, despite this fall in sale in that region, it's actually jacked up its pricing.

Zara raised prices by an average of twenty two percent on its dresses and eight percent on st in the US over the past year.

Zara raised prices by an average of twenty two percent on its dresses and eight percent on st in the US over the past year.

Quite a statement from you there, Jersey boys. So what is the key learning here?

Quite a statement from you there, Jersey boys. So what is the key learning here?

Pricing strategy can be a very delicate balancing.

Pricing strategy can be a very delicate balancing.

App Yeah, luxury brands can generally raise prices with minimal impact.

App Yeah, luxury brands can generally raise prices with minimal impact.

Because their customers expect the exclusivity.

Because their customers expect the exclusivity.

But on the other hand, fast fashion thrives on affordability, and.

But on the other hand, fast fashion thrives on affordability, and.

By jacking up its prices, Zara risks falling into an awkward middle.

By jacking up its prices, Zara risks falling into an awkward middle.

Ground, too expensive for budget shoppers yet not premium enough for luxury buyers.

Ground, too expensive for budget shoppers yet not premium enough for luxury buyers.

We know the likes of she in h and M and even team who are taking the world and the US by store.

We know the likes of she in h and M and even team who are taking the world and the US by store.

In fact, she and sales in the US reached around twenty five billion US dollars last year, so be.

In fact, she and sales in the US reached around twenty five billion US dollars last year, so be.

Man if Indi Text wants to grow its America's revenue once again. It needs to differentiate Zara from budget fast fashion brands.

Man if Indi Text wants to grow its America's revenue once again. It needs to differentiate Zara from budget fast fashion brands.

But also ensure it doesn't alienate its core customer base.

But also ensure it doesn't alienate its core customer base.

Box Sam, did you know there is an optimal day and time to book your flights and accommodation for overseas travel. We've got it all covered in the Fox apps. Make sure to check it all out.

Box Sam, did you know there is an optimal day and time to book your flights and accommodation for overseas travel. We've got it all covered in the Fox apps. Make sure to check it all out.

Thanks for listening and we'll see you on Wednesday.

Thanks for listening and we'll see you on Wednesday.