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		<title>Toy industry pressures make digital the star</title>
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		<pubDate>Sun, 22 Feb 2026 06:46:18 +0000</pubDate>
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					<description><![CDATA[<p>The gap is widening between rival toy makers Hasbro and Mattel — thanks in part to a 30-year-old trading card game. The toy giants have flip-flopped dominance in the space for decades, jockeying for the most coveted master licenses to put new fan favorites — Disney princesses and &#8220;Star Wars&#8221; characters among them — on [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/toy-industry-pressures-make-digital-the-star/">Toy industry pressures make digital the star</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0" /><span class="InlineVideo-videoButton" /><span /></p>
<p>The gap is widening between rival toy makers <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Hasbro<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Mattel<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> — thanks in part to a 30-year-old trading card game. </p>
<p>The toy giants have flip-flopped dominance in the space for decades, jockeying for the most coveted master licenses to put new fan favorites — Disney princesses and &#8220;Star Wars&#8221; characters among them — on store shelves. But as the industry recovers from a period of declining sales, Hasbro is the one winning over Wall Street.</p>
<p>For the fiscal year 2025, Hasbro reported revenue gains of 14%, reaching $4.7 billion, while Mattel saw its net sales drop 1% to $5.3 billion.</p>
<p>Though Mattel&#8217;s revenue is larger than Hasbro&#8217;s, its growth has been stagnating, according to Eric Handler, managing director and senior research analyst at Roth Capital Partners.</p>
<p>&#8220;[Mattel&#8217;s] revenue has been in a very tight range for five years now, and 2026, on an organic basis, is the same,&#8221; he told CNBC.</p>
<p>Mattel shares are down more than 20% in the last 12 months, trading at around $17. Meanwhile, Hasbro&#8217;s stock is up roughly 46% over the same period, with shares trading at around $100.</p>
<p>Of course, Hasbro&#8217;s journey post-pandemic has not been without its own headwinds. The company&#8217;s revenue took a hit when it divested its film and TV business, eOne. Also, its entertainment segment, which includes film and TV licenses, was deeply impacted by Hollywood&#8217;s dual labor strikes in 2023.</p>
<p>&#8220;Despite market volatility and a shifting consumer environment, we returned this company to growth in a meaningful way,&#8221; Hasbro CEO Chris Cocks told investors during an earnings call earlier this month.</p>
<p>Throughout these changes, one key piece of Hasbro&#8217;s business has been steadily growing — Wizards of the Coast.</p>
<h2 class="ArticleBody-subtitle">A dash of Magic</h2>
<p>The Hasbro division includes Dungeons &amp; Dragons, Magic: The Gathering and the company&#8217;s portfolio of digital and video games. </p>
<p>In 2025, Wizards&#8217; revenue grew 45% to $2.1 billion, fueled by sales of sets tied to Magic&#8217;s Universe Beyond and smaller, limited-edition Secret Lair packs — some that sell for close to $200. </p>
<p>While the segment accounts for less than half of the company&#8217;s revenue, it represents 88% of its adjusted profits.</p>
<p>Magic: The Gathering playing cards form a light fixture at the Wizards of the Coast headquarters in Renton, Washington, Sept. 11, 2025. With traditional toy and game sales lagging, Hasbro has found a growth engine in role-playing games such as Dungeons and Dragons, trading card games like Magic: The Gathering and a growing portfolio of digital and video games.</p>
<p>Bloomberg | Bloomberg | Getty Images</p>
<p>The strategic trading card game Magic, which was created in 1993, typically features two players going head-to-head using custom decks of collectible cards to cast spells, unleash creatures or use artifacts to defeat their opponent.</p>
<p>In the last five years, Hasbro has expanded beyond the lore of the initial game to launch card sets based on intellectual property from third parties, including &#8220;Avatar: The Last Airbender,&#8221; Marvel&#8217;s &#8220;Spider-Man&#8221; and &#8220;Lord of the Rings.&#8221;</p>
<p>These sets are not only popular with long-standing Magic fans, but act as a gateway for consumers from other fanbases into the world of Magic. In mid-2025, Hasbro released a &#8220;Final Fantasy&#8221; set that became the fastest-selling expansion pack in Magic: The Gathering history, generating $200 million in sales in a single day.  </p>
<p>&#8220;They have done a fantastic job of widening the funnel in the last couple years, and it&#8217;s become a multigenerational type of product,&#8221; Handler said. &#8220;The player base is growing. It&#8217;s a sticky player base that is showing eagerness with new products and new ways to play.&#8221;</p>
<p>Through the end of 2025, more than 1 million unique players participated in organized play — meaning sanctioned tournaments — according to Cocks. That&#8217;s a 22% year-over-year increase, he said.</p>
<p>Additionally, the number of game stores that host events, called the Wizards Play Network, has grown to more than 10,000, a 20% increase from 2024.</p>
<p>&#8220;Taken together, this reinforces our confidence in Magic&#8217;s long-term growth,&#8221; Cocks said on the company&#8217;s earnings call. &#8220;We are building a system of play with multiple entry points, product types, and engagement paths, and that system is positioned to continue driving growth into 2026 and beyond.&#8221;</p>
<p>In 2026, Hasbro plans to launch new Magic sets based on &#8220;The Hobbit,&#8221; &#8220;Teenage Mutant Ninja Turtles&#8221; and &#8220;Star Trek.&#8221;</p>
<p>The company has forecast mid-single-digit growth for its Wizards business in 2026, but Keegan Cox, associate vice president and research analyst at D.A. Davidson, in a research note published shortly after the company&#8217;s earnings, called that estimate &#8220;conservative.&#8221; </p>
<h2 class="ArticleBody-subtitle">The digital frontier</h2>
<p>Hasbro&#8217;s Wizards unit also includes the digital and licensed gaming space, which saw revenues jump 6% in 2025, fueled by the success of &#8220;Monopoly Go!&#8221; </p>
<p>Cocks has previously noted that modern consumers and modern play is increasingly moving into online forums, and the company has launched new games and an in-person video game studio in Montreal to boost play. </p>
<p>While Hasbro&#8217;s digital gaming division is growing, Mattel is just getting its own digital unit off the ground. </p>
<p>Earlier this month, Mattel announced it would buy out partner NetEase from its 50% stake in their Mattel163 joint venture, taking full ownership of the business. Mattel163 develops digital games based on the toy company&#8217;s brands and since 2018 has launched four digital games: Uno, Uno Wonder, Phase 10 and Skip-Bo. </p>
<p>&#8220;In our view, [Mattel] is in the early stages of an investment similar to Hasbro&#8217;s investment in gaming over 7 years ago,&#8221; D.A. Davidson&#8217;s Cox wrote. &#8220;While we do not think [Mattel] will be chasing to compete with Hasbro &#8230; we do believe [Mattel] can make successful mobile games tied to their IP and should add to profit margins over time.&#8221;</p>
<h2 class="ArticleBody-subtitle">An industry in flux</h2>
<p>Mattel&#8217;s push into digital comes as two of its flagship brands struggle to make sales. </p>
<p>&#8220;Barbie&#8217;s been on a meaningful decline, as has Fisher-Price,&#8221; Handler noted. &#8220;That&#8217;s sort of been negating a lot of the good news that&#8217;s been happening with Hot Wheels.&#8221; </p>
<p>The vehicles division saw gross billings jump 11% in 2025, while the dolls segment fell 7% and the infant, toddler and preschool space slipped 17%.</p>
<p>That segment for the youngest consumers has been in decline for over a decade, the result of shrinking population growth and the fact that children are being introduced to electronics earlier in their development. Shifting play habits have meant toy makers have to adapt, and fast. </p>
<p>But there&#8217;s hope for Mattel and the toy industry as a whole. In 2025, total annual dollar sales were up 6% in the U.S., according to data from Circana. And, perhaps more importantly, the number of units sold increased 3%, quelling fears that price-conscious consumers are pulling back on toy purchases.</p>
<p>&#8220;Unit sales being up, I think, is the most important metric we can look at,&#8221; said James Zahn, senior editor of The Toy Insider and The Toy Book. &#8220;If unit sales were down, that&#8217;s when you know people are really buying less, and that didn&#8217;t happen.&#8221;</p>
<p>Mattel and Hasbro, alongside other toy companies, are also expected to get a boost from a robust theatrical calendar this year.</p>
<p>Mattel has two of its own brands being represented at the box office with &#8220;Masters of the Universe&#8221; coming in June and &#8220;Matchbox&#8221; arriving in October. While Mattel won&#8217;t see a major bump from ticket sales, its toy sales could get a boost. After all, the 2023 release of &#8220;Barbie&#8221; helped fuel a 16% increase in gross billings of the doll in the quarter after it hit cinemas.</p>
<p>Mattel also holds the master toy licenses for &#8220;Toy Story&#8221; and Disney princesses, meaning it&#8217;ll handle the bulk of the product for &#8220;Toy Story 5&#8221; and the live-action &#8220;Moana.&#8221;</p>
<p>Hasbro will have toy lines for &#8220;The Mandalorian and Grogu,&#8221; &#8220;Spider-Man: Brand New Day&#8221; and &#8220;Avengers: Doomsday.&#8221;</p>
<p>Together, Mattel and Hasbro have also collaborated on the much anticipated product line for <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-9">Netflix&#8217;s<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag" /></span></span></span> hit animated film &#8220;KPop Demon Hunters,&#8221; promising dolls, foam roleplay items, games and plush items.</p>
<p>&#8220;&#8216;KPop Demon Hunters&#8217; is gonna do big business for both Hasbro and Mattel,&#8221; Zahn said.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/toy-industry-pressures-make-digital-the-star/">Toy industry pressures make digital the star</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Kathleen Kennedy steps down as president of &#8216;Star Wars&#8217; producer Lucasfilm</title>
		<link>https://www.ourstoryinsight.com/kathleen-kennedy-steps-down-as-president-of-star-wars-producer-lucasfilm/</link>
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		<pubDate>Fri, 16 Jan 2026 03:18:04 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=12404</guid>

					<description><![CDATA[<p>Kathleen Kennedy will step down from her role as president of “Star Wars” movie producer Lucasfilm this week and become a full-time producer, Walt Disney said Thursday. Disney has named Dave Filoni, a protégé of “Star Wars” creator George Lucas and the co-creator of “Star Wars” streaming TV series “The Mandalorian,” president and chief creative officer of Lucasfilm. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/kathleen-kennedy-steps-down-as-president-of-star-wars-producer-lucasfilm/">Kathleen Kennedy steps down as president of &#8216;Star Wars&#8217; producer Lucasfilm</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Kathleen Kennedy will step down from her role as president of “Star Wars” movie producer Lucasfilm this week and become a full-time producer, Walt Disney said Thursday.</p>
<p>Disney has named Dave Filoni, a protégé of “Star Wars” creator George Lucas and the co-creator of “Star Wars” streaming TV series “The Mandalorian,” president and chief creative officer of Lucasfilm. He will work alongside co-president Lynwen Brennan, who runs the studio’s business operations.</p>
<p>Filoni, 51, will now steer one of the highest-grossing movie franchises in history as well as live-action and animated TV shows.</p>
<p>Kathleen Kennedy has run Lucasfilm since Disney bought it in 2012. She will become a full-time producer. <span class="credit">REUTERS</span></p>
<p>The 72-year-old Kennedy, who has run Lucasfilm since Disney bought it in 2012, oversaw three blockbuster sequels to the original “Star Wars” trilogy and the successful spinoff “Rogue One.”</p>
<p>“It has been a true privilege to spend more than a decade working alongside the extraordinary talent at Lucasfilm,” Kennedy said in a statement.</p>
<p>The 2018 film “Solo,” which introduced a new actor as the smuggler made famous by Harrison Ford, flopped in theaters.</p>
<p>Disney put the “Star Wars” movies on hiatus in 2019 to focus on live-action TV series, including “The Mandalorian” starring Pedro Pascal and the popular character Baby Yoda.</p>
<p>George Lucas hand-picked Kennedy as his successor to lead Lucasfilm. <span class="credit">Getty Images for Disney</span></p>
<p>Disney scrapped planned “Star Wars” films from directors Patty Jenkins and Rian Johnson as Kennedy worked to reset the film strategy.</p>
<p>Filoni, meanwhile, oversaw many popular and acclaimed TV series including “The Mandalorian” and “Ahsoka.”</p>
<p>Both Kennedy and Filoni worked with Lucas, the creator of the original “Star Wars” film series that debuted in 1977. The franchise, about a group of rebels in a galaxy far, far away, has brought in more than $10.3 billion at global box office receipts, according to Comscore.</p>
<p>Dave Filoni is a protégé of “Star Wars” creator George Lucas and the co-creator of “Star Wars” streaming TV series “The Mandalorian. <span class="credit">REUTERS</span></p>
<p>Lucas hand-picked Kennedy as his successor to lead Lucasfilm. The five films she oversaw brought in a combined $5.9 billion. The most successful, 2015’s “Star Wars: The Force Awakens,” surpassed $2 billion in worldwide ticket sales.</p>
<p>Lucasfilm expanded into producing live-action streaming TV series under Kennedy, including Filoni’s “The Mandalorian,” which debuted with the launch of the Disney+ streaming service in 2019. Other series included “Ahsoka” and “Andor.”</p>
<p>The company also added “Star Wars”-themed lands at Walt Disney World in Florida and at Disneyland in California.</p>
<p>Kennedy and Filoni at a fan convention last year.  <span class="credit">AP</span></p>
<p>In 2005, Lucas hired Filoni to help build a “Star Wars” animation studio. Filoni, often spotted at Hollywood premieres and fan events wearing a cowboy hat, helped create the animated TV series “The Clone Wars.”</p>
<p>“The Mandalorian” will head to the big screen in May in a film co-written by Filoni called “The Mandalorian and Grogu.” The movie “Star Wars: Starfighter,” featuring Ryan Gosling, is scheduled to reach cinemas in May 2027. Kennedy will continue to work as a producer of those films.</p>
<p>Daisy Ridley, star of the sequel trilogy that began in 2015, also has said she is returning to a new “Star Wars” project.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/kathleen-kennedy-steps-down-as-president-of-star-wars-producer-lucasfilm/">Kathleen Kennedy steps down as president of &#8216;Star Wars&#8217; producer Lucasfilm</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>&#8216;The Office&#8217; star Rainn Wilson rips &#8216;left-leaning&#8217; media outlets during MS</title>
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		<pubDate>Tue, 22 Apr 2025 21:43:39 +0000</pubDate>
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					<description><![CDATA[<p>“The Office” star Rainn Wilson slammed “left-leaning” media outlets for causing the public to lose trust in President Donald Trump and Elon Musk — while being cheerleaders for the Biden administration. Wilson, who played the ambitious Dwight Schrute on the hit show, voiced his complaints to MSNBC anchor Stephanie Ruhle during an interview with her [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/the-office-star-rainn-wilson-rips-left-leaning-media-outlets-during-ms/">&#8216;The Office&#8217; star Rainn Wilson rips &#8216;left-leaning&#8217; media outlets during MS</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>“The Office” star Rainn Wilson slammed “left-leaning” media outlets for causing the public to lose trust in President Donald Trump and Elon Musk — while being cheerleaders for the Biden administration. </p>
<p>Wilson, who played the ambitious Dwight Schrute on the hit show, voiced his complaints to  MSNBC anchor Stephanie Ruhle during an interview with her on his “Soul Boom” podcast Tuesday </p>
<p>“Office” star Rainn Wilson slammed MSNBC’s Stephanie Ruhle over her views about the mistrust in the media.  <span class="credit">Soul Boom w/Rainn Wilson</span></p>
<p>He said left-wing outlets like MSNBC were in denial in their coverage of Biden’s faltering mental acuity and issues important to voters like inflation and illegal immigration — but are now overly negative in their coverage of Trump and the White House.</p>
<p>“This is where I would push back: when I see this kind of insight and passion being directed at the current administration and the lack of this kind of insight and passion being directed at the previous administration,” Wilson said. </p>
<p>“I’m not talking about you, I’m talking about left-leaning news media organizations — were kind of like, ‘La la la la, everything’s fine. Look, the economy is great, la la la, immigration’s not that much of a problem,’ and really being Cleopatra, queen of denial.”</p>
<p>Wilson said the mistrust in the media stemmed from how it covered President Biden, among other issues. <span class="credit">Soul Boom w/Rainn Wilson</span></p>
<p>Ruhle claimed that Trump along with Musk, who owns X, are to blame for the loss of trust in the media.</p>
<p>“Losing that trust is not by accident, it’s by design. If you remember when President Trump was running the first time, Steve Bannon once said, ‘The goal is to blow the whole thing up,&#8217;”  said the host of “The 11th Hour.”</p>
<p>“The news media is, in my opinion, the last line of defense of holding power accountable.”</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/the-office-star-rainn-wilson-rips-left-leaning-media-outlets-during-ms/">&#8216;The Office&#8217; star Rainn Wilson rips &#8216;left-leaning&#8217; media outlets during MS</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Tariffs drive up the cost of airplanes, the United States&#8217; star export</title>
		<link>https://www.ourstoryinsight.com/tariffs-drive-up-the-cost-of-airplanes-the-united-states-star-export/</link>
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		<pubDate>Fri, 04 Apr 2025 23:46:47 +0000</pubDate>
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					<description><![CDATA[<p>The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing&#8217;s 737 factory in Renton, Washington, November 18, 2021. Jason Redmond &#124; Reuters President Donald Trump&#8217;s sweeping tariffs are set to drive up the cost of Boeing and Airbus planes, GE Aerospace engines, and hundreds of other aerospace and defense products, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/tariffs-drive-up-the-cost-of-airplanes-the-united-states-star-export/">Tariffs drive up the cost of airplanes, the United States&#8217; star export</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing&#8217;s 737 factory in Renton, Washington, November 18, 2021.</p>
<p>Jason Redmond | Reuters</p>
<p>President Donald Trump&#8217;s sweeping tariffs are set to drive up the cost of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Boeing<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> and Airbus planes, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">GE Aerospace<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> engines, and hundreds of other aerospace and defense products, threatening an industry that helps soften the U.S. trade deficit by more than $100 billion a year.</p>
<p>&#8220;It certainly makes things more expensive for the industry,&#8221; Dak Hardwick, vice president of international affairs at the Aerospace Industries Association, which represents Boeing, GE Aerospace, Airbus and dozens of other aerospace and defense companies, said of the tariffs.</p>
<p>The industry group said it is asking the Trump administration to uphold provisions in a nearly half-century old trade agreement that allows for duty-free trade of civilian aircraft and imports tied to defense and national security.</p>
<p>&#8220;The line is certainly long&#8221; for requests to the White House, Hardwick said.</p>
<h2 class="RelatedContent-header">Read more CNBC airline news</h2>
<p>Trump&#8217;s executive order announcing the tariffs said trade and economic policies around the world have exacerbated a decline in overall U.S. manufacturing.</p>
<p>Regarding innovation in the defense sector, the order stated, &#8220;If the United States wishes to maintain an effective security umbrella to defend its citizens and homeland, as well as for its allies and partners, it needs to have a large upstream manufacturing and goods-producing ecosystem to manufacture these products without undue reliance on imports for key inputs.&#8221;</p>
<p>The aerospace industry has long been a top exporter for the United States. At Boeing alone, more than two-thirds of its airplane orders over the past decade came from customers outside of the United States, according to company data.</p>
<p>&#8220;Free trade is very important to us,&#8221; Boeing CEO Kelly Ortberg said at a Senate hearing Wednesday. &#8220;We really are the ideal kind of an export company where we&#8217;re outselling internationally. It&#8217;s creating U.S. jobs, long-term high value U.S. jobs. So it&#8217;s important that we continue to have access to that market and that we don&#8217;t get in a situation where certain markets become closed to us.&#8221;</p>
<p>President and CEO of Boeing Kelly Ortberg testifies before the Senate Commerce, Science, and Transportation Committee in the Dirksen Senate Office Building on April 02, 2025 in Washington, DC. </p>
<p>Win Mcnamee | Getty Images News | Getty Images</p>
<p>The industry has mostly bought and sold planes and parts without having to pay tariffs under a 45-year-old trade agreement, which would be derailed by Trump&#8217;s new tariffs. The president this week introduced levies of 10% on countries around the world, with higher duties on certain countries and regions, some of which like Europe, are key to the aerospace industry.</p>
<p>Imported steel and aluminum, other key materials in airplanes, are subject to separate sector-level duties that Trump announced earlier this year.</p>
<p>&#8220;President Trump has been clear: if you make your product in America, you won&#8217;t have to worry about tariffs,&#8221; White House spokesman Kush Desai said in an email.</p>
<p>Tariffs are paid by the importer, and the increased prices due to the levies would either have to be absorbed by the airplane or engine maker, by the still-fragile supply chain or by the end consumer, said Hardwick.</p>
<p>Jefferies analyst Sheila Kahyaoglu said in a note Thursday that a price jump on &#8220;any product within 12 months is eaten by the [original equipment manufacturer], assuming new inventory buy. Outside that time period, ultimately the buyer and hence consumer.&#8221;</p>
<p>Stock Chart IconStock chart icon</p>
<p><iframe title="Boeing and the S&#038;P 500" src="https://www.cnbc.com/appchart?symbol=BA&#038;range=YTD&#038;comp=.SPX&#038;type=mountain&#038;embedded=true&#038;$DEVICE$=undefined" height="460" scrolling="no" style="border:0;width:100%"></iframe></p>
<p>Boeing and the S&#038;P 500</p>
<p>Prices for planes are negotiated in advance, and airlines have to often wait years for aircraft, so material costs can shift dramatically over that period.</p>
<p>&#8220;This is not where you put money down for an automobile and it ends up in your driveway&#8221; in three months, Hardwick said.</p>
<p>Shares of Boeing, engine maker GE and airlines tumbled again Friday, adding to the market rout after Trump announced the tariffs Wednesday.</p>
<p>&#8220;This is the one manufacturing sector where America has, has enjoyed a tremendous trade surplus,&#8221; said Richard Aboulafia, managing director at AeroDynamic Advisory. &#8220;So the idea of fighting a trade war for this industry, it&#8217;s living in a crystal palace hurling giant boulders.&#8221;</p>
<h2 class="ArticleBody-subtitle">Global supply chain</h2>
<p>The tariffs are also a new strain on the aerospace industry, which still has a fragile supply chain in the wake of Covid, with some parts in short supply. Major supplies have tried to quickly hire workers and ramp up production during a post-pandemic travel boom.</p>
<p>But airplane makers still haven&#8217;t kept up with demand.</p>
<p>An Airbus SE A321 plane fuselage is lifted with a crane at the company&#8217;s final assembly line facility in Mobile, Alabama</p>
<p>Luke Sharrett | Bloomberg | Getty Images</p>
<p>Even a &#8220;Made in the USA&#8221; label for an airplane is a misnomer.</p>
<p>For example, the supply chain for a Boeing 787 Dreamliner, which is assembled in South Carolina, spans from Japan to Italy.</p>
<p>Its European rival, Airbus, has a Mobile, Alabama, factory but is still on the hook for tariffs for imported parts, from wings to fuselages.</p>
<p>&#8220;It doesn&#8217;t matter who owns the company. If an item crosses the border, it will have to be paid by importer of record,&#8221; Hardwick said.</p>
<p>Airbus has expanded the factory since the first Alabama-assembled Airbus A321, an aircraft for <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-11">JetBlue Airways<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> named &#8220;BluesMobile,&#8221; rolled out nine years ago. Its bet on increasing U.S. output of its jets, which are still largely made in Europe, also includes assembly of smaller A220s in Alabama, for customers that include JetBlue and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-12">Delta Air Lines<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>.</p>
<p>American Airlines workers perform maintenance on CFM-56 engine in Tulsa, Oklahoma</p>
<p>Erin Black | CNBC</p>
<p>Meanwhile, continuing along the supply chain, General Electric and France&#8217;s Safran have a joint venture in which they make top-selling CFM engines, which power both Boeing and Airbus narrow-body jets. Each company manufactures certain portions of engines, which are sent to factories in Ohio, Indiana and North Carolina for GE and outside of Paris for Safran.</p>
<p>Thousands of imported replacement parts for engines and other aircraft parts, many of which come from abroad, could also become more expensive.</p>
<p>&#8220;There&#8217;s no such thing as a national jet,&#8221; Aboulafia said.</p>
<h2 class="RelatedContent-header">Don’t miss these insights from CNBC PRO</h2>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/tariffs-drive-up-the-cost-of-airplanes-the-united-states-star-export/">Tariffs drive up the cost of airplanes, the United States&#8217; star export</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>The Return of Digg, a Star of Web 2.0</title>
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		<pubDate>Wed, 05 Mar 2025 13:29:41 +0000</pubDate>
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					<description><![CDATA[<p>In the summer of 2005, Alexis Ohanian, a tech entrepreneur, sent an email to his colleague Steve Huffman with an ominous subject line: “Meet the enemy.” The body of the email contained just one line — a link to Digg, a community-focused social message board where people shared and discussed news articles and links to [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/the-return-of-digg-a-star-of-web-2-0/">The Return of Digg, a Star of Web 2.0</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p></p>
<p class="css-at9mc1 evys1bk0">In the summer of 2005, Alexis Ohanian, a tech entrepreneur, sent an email to his colleague Steve Huffman with an ominous subject line: “Meet the enemy.”</p>
<p class="css-at9mc1 evys1bk0">The body of the email contained just one line — a link to Digg, a community-focused social message board where people shared and discussed news articles and links to other sites they found interesting. Mr. Ohanian and Mr. Huffman, who had founded a similar effort called Reddit, set their competitive sights on Digg and its founder, Kevin Rose.</p>
<p class="css-at9mc1 evys1bk0">In the 20 years since, these entrepreneurs have gone onto other projects and, in true Silicon Valley fashion, dipped into other parts of tech. Along the way, Digg, which went from popular to not, all but died.</p>
<p class="css-at9mc1 evys1bk0">On Wednesday, Mr. Rose announced that he had bought back Digg for an undisclosed sum from Money Group, a digital media company, and would rebuild it to take on Reddit. And he is doing it with an unlikely ally: Mr. Ohanian.</p>
<p class="css-at9mc1 evys1bk0">“This is the perfect time to revisit this idea with fresh eyes,” Mr. Rose, 48, now a venture capitalist at True Ventures, said in an interview. He said social media had become so ubiquitous that “it doesn’t need to be winner take all,” adding that “we don’t need to take down Reddit to win.”</p>
<p class="css-at9mc1 evys1bk0">Mr. Rose and Mr. Ohanian, 41, are relaunching Digg when social media is in tumult. Elon Musk, who bought Twitter in 2022 and renamed it X, has turned the platform into a mirror of himself. Meta, which owns Facebook and Instagram, is becoming more video-focused to compete with TikTok. And Reddit, which went public a year ago, has added gamelike features to nudge users into spending more time on the site — and more time looking at advertising.</p>
<p class="css-at9mc1 evys1bk0">Amid this upheaval, Mr. Rose and Mr. Ohanian sensed an opportunity to reinvent Digg in a way that could cut through some of the pitfalls of modern social media and focus on “connection and humanity” online.</p>
<p class="css-at9mc1 evys1bk0">“The world has changed so much in the past few years,” Mr. Ohanian, who left Reddit’s board in 2020, said in an interview. “When Kevin told me he was buying back Digg, there was a part of me that thought, ‘Well, damn, could we do it again?’”</p>
<p class="css-at9mc1 evys1bk0">Not long ago, Digg was on top of the world. Founded in 2004, it was among a class of early social news sites, such as Slashdot, del.icio.us and Reddit, that relied on a community of unpaid users to curate articles or topics of interest from across the web. Digg stood out for its robust user base of active contributors, who regularly returned to the site.</p>
<p class="css-at9mc1 evys1bk0">The company raised tens of millions of dollars and fielded acquisition offers from Google and others. In 2006, Mr. Rose posed for a now-infamous photo on a BusinessWeek cover, sporting a wide grin and giving two thumbs up, with the headline “How This Kid Made $60 Million in 18 Months.” (Mr. Rose hated the photo.)</p>
<p class="css-at9mc1 evys1bk0">The cover proved ill fated. Digg later launched a redesign of its site that its community widely rejected. Users eventually left in droves, as did executives. Mr. Rose left Digg in 2012. That same year, the company was divvied up and sold for parts to Betaworks, LinkedIn and The Washington Post.</p>
<p class="css-at9mc1 evys1bk0">In contrast, Reddit became a viable business. Mr. Huffman, who had left the site for other projects, returned in 2015 and stabilized the company. Now 41, he has made Reddit’s once laissez faire content moderation policies more stringent, leading advertisers to embrace the site.</p>
<p class="css-at9mc1 evys1bk0">Some of those changes generated a backlash. Some Reddit moderators of “subreddits,” the forums dedicated to topics like guitars or basketball or cute puppies, said they felt neglected by management. In 2023, hundreds of subreddits went dark after several executive decisions upset moderators, threatening Reddit’s business.</p>
<p class="css-at9mc1 evys1bk0">Seeing the uproar, Mr. Rose, who had dabbled in investing and other start-ups, decided to act. He was itching to get back to his roots in social and community sites, he said, and always regretted the way things had ended with Digg.</p>
<p class="css-at9mc1 evys1bk0">“I look back on how that company was run, and I was just very fearful to stand up for myself in a lot of cases,” Mr. Rose recalled. “I just didn’t have the maturity to go out and ask the tough questions.”</p>
<p class="css-at9mc1 evys1bk0">Mr. Rose began laying the groundwork for a Digg comeback. He ran thousands of dollars’ worth of targeted ads across Reddit with detailed questionnaires for moderators, asking about the biggest difficulties overseeing subreddits and other issues. He ran the results through an artificial intelligence program to think of new ways for addressing the problems.</p>
<p class="css-at9mc1 evys1bk0">“These moderators are pouring their lives into this,” he said. “We think we can do it better.”</p>
<p class="css-at9mc1 evys1bk0">He also reached out to Mr. Ohanian, with whom he had bonded over the scars of running their platforms. Mr. Ohanian said he had “all love” for his former company. “At the end of the day, Reddit was a huge part of my life,” he said.</p>
<p class="css-at9mc1 evys1bk0">Mr. Rose and Mr. Ohanian raised an undisclosed amount of funding to repurchase Digg and to build a new version of the company. Their investors include True Ventures, where Mr. Rose is a partner, and Seven Seven Six, a venture firm founded by Mr. Ohanian.</p>
<p class="css-at9mc1 evys1bk0">They also hired fewer than a dozen engineers and designers for the new Digg and brought on Justin Mezzell, a longtime collaborator of Mr. Rose’s, to be chief executive. Mr. Rose and Mr. Ohanian will join Digg’s board, with Mr. Rose as chair.</p>
<p class="css-at9mc1 evys1bk0">Invitations to the new Digg will be distributed in the coming weeks, they said, and the site will primarily be aimed at people on mobile devices. A.I. will also play a larger part in making Digg more accessible to users, Mr. Rose said. For instance, he said, a community of science-fiction enthusiasts could have their discussions translated into Klingon, the language used by the “Star Trek” alien race of the same name. A.I. tools can also help reduce spam, misinformation and harassment, he said.</p>
<p class="css-at9mc1 evys1bk0">Less glamorous — but perhaps most important — will be their attention to moderators. Mr. Ohanian and Mr. Rose said they wanted to empower moderators with better tools to help maintain online communities, which keeps the site welcoming to users.</p>
<p class="css-at9mc1 evys1bk0">“What we never focused on is the back end,” Mr. Ohanian said, referring to the tools and features that moderators lean on. “But it’s the back end that really, really matters.”</p>
<p class="css-at9mc1 evys1bk0">The initial reaction to Digg’s relaunch may be muted, Mr. Rose said, with some people likely to see the resurrection as a cute nod to a retro version of the social web. But he has grand plans, he said.</p>
<p class="css-at9mc1 evys1bk0">“Because there are so many giants in this space that are going to be slow to move, it means that we can be nimble,” Mr. Rose said. “We won’t have everything we want Digg to be on Day 1. But a year from now, we will be having a very different conversation.”</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/the-return-of-digg-a-star-of-web-2-0/">The Return of Digg, a Star of Web 2.0</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>RV dealer racks up fines over giant American flag — but CEO and TV star says it&#8217;s not coming down</title>
		<link>https://www.ourstoryinsight.com/rv-dealer-racks-up-fines-over-giant-american-flag-but-ceo-and-tv-star-says-its-not-coming-down/</link>
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		<pubDate>Mon, 27 Jan 2025 04:32:34 +0000</pubDate>
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					<description><![CDATA[<p>A national RV dealer is in hot water again for flying a mammoth American flag at one of its lots — and company CEO Marcus Lemonis of TV’s “The Profit’’ says this one isn’t coming down, either. Camping World — which runs more than 250 RV dealerships across the country — raised the new gigantic [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/rv-dealer-racks-up-fines-over-giant-american-flag-but-ceo-and-tv-star-says-its-not-coming-down/">RV dealer racks up fines over giant American flag — but CEO and TV star says it&#8217;s not coming down</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>A national RV dealer is in hot water again for flying a mammoth American flag at one of its lots — and company CEO Marcus Lemonis of TV’s “The Profit’’ says this one isn’t coming down, either.</p>
<p>Camping World — which runs more than 250 RV dealerships across the country — raised the new gigantic flag at its Greenville, NC, location in October, according to WLBT.</p>
<p>Greenville, NC, officials have demanded that the massive American flag over a Camping World dealership come down because of zoning regulations. <span class="credit">WITN</span></p>
<p>Local zoning officials say the Stars and Stripes fluttering over the RVs is 15 times bigger than allowed. Even the 120-foot flagpole is too big, coming in at nearly twice the height permitted by local law.</p>
<p>The city started citing Camping World on Wednesday, and the penalties are racking up quickly: As of Friday, there had already been six violations that will cost about $1,150 in fines.</p>
<p>Lemonis said it doesn’t matter because Old Glory is not going anywhere.</p>
<p>“The flag is not coming down,” said the 50-year-old tycoon, whose reality show involves him investing his own money in struggling small businesses. </p>
<p>“You can fine me all you want City of Greenville North Carolina. #NoAmericanFlagIsTooBig,” Lemonis wrote in the social-media post.</p>
<p>It’s not the first time Camping World has gone to battle against local zoning laws over the American flag. In August, a dealership outside Stockton, Calif., demanded the firm take down a similarly huge banner over worries the flagpole could fall over.</p>
<p>Camping World CEO Marcus Lemonis of TV’s “The Profit” says that no matter how many fines he gets, Old Glory isn’t coming down. <span class="credit">Getty Images</span></p>
<p>Lemonis was just as obstinate then, ordering the dealer to keep it up.</p>
<p>“If we felt like we were putting people in danger or causing any issues with air traffic, which would absolutely not be OK, then I wouldn’t do it,” he told Fox40 at the time.</p>
<p>San Joaquin County officials later gave the dealership the green light to keep the flag flying, Fox 26 News said.</p>
<p>Camping World has more than 250 spots across the country.  <span class="credit">WITN</span></p>
<p>But Greenville has proven more forceful in its condemnations.</p>
<p>The City Council denied the company’s request to permit the flag earlier this month, claiming Camping World knew what it was doing when it knowingly broke the size regulations. </p>
<p>“Violators shall be issued a written citation which must be paid within 72 hours,” the document issuing the fine read, according to the station.</p>
<p>“If a person fails to pay the civil penalty within 72 hours, the city may recover the penalty together with all costs by filing a civil action in the general court of justice in the nature of a suit to collect a debt.”</p>
<p>City officials told Camping World they would write tickets every day the flag flies — and the flagpole must also be pulled out.</p>
<p>So far, the city hasn’t gone to court to collect the fines.</p>
<p>During the spat over the California flag last year, the Lebanon-born entrepreneur said the big banners are “symbolism about how we feel about this country. “</p>
<p>“I happen to be an immigrant,” he said. “I was given the blessing of being able to enter this country and become a citizen, and I’m grateful for it.”</p>
<p>Such expressions of patriotism “have been part of my life since I was a little child down in Miami, Florida, where we had the largest flagpole in Miami at our car dealership,” he said.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/rv-dealer-racks-up-fines-over-giant-american-flag-but-ceo-and-tv-star-says-its-not-coming-down/">RV dealer racks up fines over giant American flag — but CEO and TV star says it&#8217;s not coming down</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>LSU star Flau&#8217;jae Johnson signs equity deal with Unrivaled basketball league</title>
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		<pubDate>Mon, 09 Dec 2024 13:33:19 +0000</pubDate>
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					<description><![CDATA[<p>BATON ROUGE, LOUISIANA &#8211; NOVEMBER 9: Flau&#8217;jae Johnson #4 of the LSU Tigers in action during a game against the Northwestern State Demons at the Pete Maravich Assembly Center on November 9, 2024 in Baton Rouge, Louisiana. (Photo by Kristen Young/LSU/Getty Images) Reagan Cotton/lsu &#124; University Images &#124; Getty Images Flau&#8217;jae Johnson has a lot [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/lsu-star-flaujae-johnson-signs-equity-deal-with-unrivaled-basketball-league/">LSU star Flau&#8217;jae Johnson signs equity deal with Unrivaled basketball league</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>BATON ROUGE, LOUISIANA &#8211; NOVEMBER 9: Flau&#8217;jae Johnson #4 of the LSU Tigers in action during a game against the Northwestern State Demons at the Pete Maravich Assembly Center on November 9, 2024 in Baton Rouge, Louisiana. (Photo by Kristen Young/LSU/Getty Images)</p>
<p>Reagan Cotton/lsu | University Images | Getty Images</p>
<p>Flau&#8217;jae Johnson has a lot going on at the moment.</p>
<p>The 21-year-old star basketball player, rapper, student and aspiring businesswoman has just inked her latest deal with the new women&#8217;s 3-on-3 basketball league Unrivaled.</p>
<p>Terms of the deal were not disclosed, but Johnson will receive an equity stake in the league.</p>
<p>&#8220;I wanted to be involved in something that is pushing the women&#8217;s game forward,&#8221; Johnson told CNBC.</p>
<p>Unrivaled, which kicks off its inaugural season in January, looks to offer female athletes another option to play basketball in the U.S. during the WNBA offseason. In addition to giving players equity in the league, Unrivaled aims to offer the highest average salary in women&#8217;s pro sports league history. In October, the Unrivaled signed a broadcast deal with TNT Sports.</p>
<p>&#8220;When I heard about the money, that was big for me. … These women are getting paid what they deserve,&#8221; Johnson said.</p>
<p>NCAA rules prevent Johnson, a junior at Louisiana State University, from committing to play in the league until she turns professional. Unrivaled signed a similar deal with University of Connecticut star Paige Bueckers in August.</p>
<p>In addition to being a league owner, Johnson will collaborate with Unrivaled on content throughout the season, and the league plans to support her music.</p>
<h2 class="ArticleBody-subtitle">Star power</h2>
<p>In just two years playing college basketball, Johnson has become marketing gold.</p>
<p>She led LSU to the 2023 national championship and quickly became a top prospect for WNBA teams.</p>
<p>NEW YORK, NEW YORK &#8211; MAY 18: JBL ambassador, basketball player and rapper Flau’jae Johnson sets the stage ablaze at JBL FEST to celebrate the launch of the JBL PartyBox series on May 18, 2024 in New York City. (Photo by Ilya S. Savenok/Getty Images for JBL)</p>
<p>Ilya S. Savenok | Getty Images Entertainment | Getty Images</p>
<p>Off the court, she&#8217;s not only marketable as an athlete but as a rapper. Johnson signed with Jay-Z&#8217;s Roc Nation in 2021 and released a song with Lil Wayne in June.</p>
<p>She also has more than 3.5 million followers across her Instagram, TikTok and Twitter accounts.</p>
<p>Brands have taken notice. Johnson has signed deals with companies from <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-9">Meta<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, to Puma, Powerade, the Athlete&#8217;s Foot and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-10">Amazon<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>.</p>
<p>On Tuesday, she made the Forbes &#8220;30 Under 30&#8221; list, which estimated her net worth at $7 million.</p>
<p>She&#8217;s also ranked No.1 by On3 as having the highest name, image and likeness, or NIL, valuation of college women&#8217;s basketball players.</p>
<p>Johnson said her mother currently handles her finances and she doesn&#8217;t really splurge on anything, but she spends a lot of money at <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-13">Chipotle<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>.</p>
<p>&#8220;I&#8217;m trying to get that Chipotle deal so I don&#8217;t spend all my money on bowls,&#8221; she joked.</p>
<p>Despite all her sports and extracurriculars, Johnson said she still takes time to learn about business whether it&#8217;s by meeting with CEOs, watching YouTube videos or studying, noting she&#8217;s reading &#8220;Investing 101&#8221; by Michele Cagan at the moment.</p>
<p>While the top rookie salary in the WNBA is $76,535, Johnson said she hasn&#8217;t decided yet when she&#8217;s going to enter the WNBA draft but she isn&#8217;t worried about her brand diminishing.</p>
<p>&#8220;NIL is big but it&#8217;s really just a gateway to the pros,&#8221; she said. &#8220;The opportunities that I get from college are still going to roll over and it&#8217;s not like my followers are going to disappear.&#8221;</p>
<p>When asked who she looks up to as a role model, Johnson says she looks to the King: LeBron James.</p>
<p>&#8220;He&#8217;s the ultimate businessman,&#8221; she said.</p>
<p>&#8220;The way that he leverages his business opportunities, the way he carries himself, and he&#8217;s done so many things [like building a school] to help other people,&#8221; she added.</p>
<p>With so many different balls in the air, Johnson said it takes discipline, consistency and time management to fit everything in.</p>
<p>&#8220;I don&#8217;t like sitting in the house watching Netflix. … I like getting stuff done,&#8221; she said.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/lsu-star-flaujae-johnson-signs-equity-deal-with-unrivaled-basketball-league/">LSU star Flau&#8217;jae Johnson signs equity deal with Unrivaled basketball league</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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