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☆ This top Procter & Gamble exec is showing Hollywood how brands can make prestige films and be 'power-up' partners for studios and streamers
▼ + stars: | 2023-07-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

P&G Studios head Kimberly Doebereiner argues that great entertainment can come from brands. Procter & Gamble is at the forefront of the growing brand film space — with its own in-house shingle, P&G Studios, actively pursuing entertainment projects that look nothing like ads. "The first thing I'd love is for the distributors to see that great content can come from anybody, and even if it's from a brand, that doesn't mean it's brand content," she told Insider in an interview. "We have great marketing, we have great brands, we can help bring in viewers, right? "We'd love to have our content be able to show up in the retailer with our brands and create better awareness for that content," Doebereiner said.

Persons: Kimberly Doebereiner, Doebereiner, Gamble, Ron Howard, Brian Grazer's, Michael Sugar's Sugar23, Reese Witherspoon's, Barbie, we've, Brand, Queen Latifah Organizations: G Studios, Procter, Gamble, HBO, Hulu, Brands, Hollywood, Advertising, Tide, Gillette, Tribeca Studios, Walmart, Blue Fox Entertainment Locations: Hollywood

The South African Reserve Bank's (SARB) monetary policy committee (MPC) kept rates at 8.25% as inflation forecasts came in lower than previous ones and economic conditions improved. Kganyago said future rate decisions would continue to depend on economic data and risks to the inflation outlook. The bank expects inflation to fall back to the midpoint of the target range sustainably only by the third quarter of 2025. Jason Tuvey, deputy chief emerging markets economist at Capital Economics, said in a note that rate cuts were likely to materialise only early next year. "The split vote suggests that inflation concerns continue to linger and it is likely to take some time before a majority on the MPC are in favour of rate cuts," Tuvey said.

Persons: Lesetja Kganyago, Kganyago, Jason Tuvey, Tuvey, Kuben Naidoo, Nellie Peyton, Tannur Anders, Kopano, Anait Miridzhanian, Promit Mukherjee, Rachel Savage, Alexander Winning, Olivia Kumwenda, Frances Kerry Organizations: South, Reuters Graphics Reuters, Capital Economics, MPC, Thomson Locations: PRETORIA

ABUJA, July 20 (Reuters) - Nigeria's naira traded at a record low of 860 per dollar on the black market on Thursday, according to traders, weakening below its official rate a month after the country devalued the currency and ahead of a central bank policy meeting next week. The naira has been swinging widely on the official market since the devaluation. It touched a new low of 853 naira per dollar on Wednesday, according to OTC market regulator, FMDQ Exchange. The currency closed at 742 naira against the dollar on the official market on Thursday, Refinitiv data showed. Dollar shortages on the official market have seen customers turning to the black market, helping to widen the gap between the spot rate and the black market, one trader said.

Persons: Nigeria's naira, Bola Tinubu, Elisha Bala, Andrew Cawthorne, John Stonestreet, Tomasz Janowski Organizations: FMDQ Exchange, Thomson Locations: ABUJA, Nigeria

☆ UK-filmed TV shows could go ahead despite SAG strike
▼ + stars: | 2023-07-14 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +2 min

London CNN —As a host of Hollywood actors join film and TV writers in a strike against major studios and streaming services, filming and production of some popular shows – including “House of the Dragon” and “Industry” – could continue, due to UK strike laws. A source with knowledge of the productions confirmed to CNN that both are Equity contract shows. Actors are calling for increased pay as well as progress on residuals paid for when films or shows are shown again, particularly on streaming services. They join 11,000 members of the Writers Guild of America, who have been on strike for two months. Production of many movies and television shows has already been shut down by the current writers’ strike, and the actors’ strike threatens to bring most remaining productions to a halt, other than on some independent films not associated with studios.

Persons: “, HBO’s, ”, Joseph Charlton, Paul Fleming Organizations: London CNN, Hollywood, “, Equity, Screen Actors, American Federation of Television, Radio Artists, “ SAG, Leavesden Studios, HBO, Industry, CNN, Warner Bros ., SAG, Wednesday, Writers Guild of America Locations: British, England, Watford, London, Cardiff, Wales, United Kingdom, United States

☆ In upcycling drive, South African designers give new life to Western fashion waste
▼ + stars: | 2023-07-14 | by ( Catherine Schenck | ) www.reuters.com time to read: +2 min

[1/4] South African aspiring designer Khumo Morojele inspects a second hand clothing imported from the West and sold in bales in markets known as Dunusa, at his studio, in Johannesburg South Africa, July 3, 2023.REUTERS/Siphiwe Sibeko/File PhotoJOHANNESBURG, July 14 (Reuters) - Two South African aspiring designers, Khumo Morojele and Klein Muis, spend hours at a second-hand street market in Johannesburg looking for fashion items. The duo then upcycles what they find into clothing or accessories they say express uniquely African style. The duo's current project, "Dunusa: Life of a Garment", sees them sourcing second-hand clothing often sent to Africa from European countries, which are then deconstructed and reworked into avant-garde and abstract fashion. They are working with a Ghanaian shoemaker on a project to turn old soccer boots into sandals that reflect both African and European love for the sport. Reporting by Catherine Schenck, Writing by Tannur Anders; Editing by Olivia Kumwenda-Mtambo and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Khumo Morojele, Siphiwe, Klein Muis, Catherine Schenck, Tannur Anders, Olivia Kumwenda, Rosalba O'Brien Organizations: REUTERS, Thomson Locations: Johannesburg South Africa, JOHANNESBURG, Johannesburg, Africa, Berlin

☆ Zimbabwean court upholds opposition campaign launch ban
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +1 min

BINDURA, Zimbabwe, July 9 (Reuters) - A Zimbabwean court on Sunday upheld a ban on the planned campaign launch by main opposition party Citizens Coalition for Change (CCC), the third of its rallies to be banned as its leader Nelson Chamisa face hurdles on his campaign trail. CCC was scheduled to hold its campaign launch on Sunday in Bindura, about 100 km (62 miles) north of the capital Harare, but police banned the gathering citing problems with the venue. Bindura Magistrate Mary Musika then upheld the ban, saying CCC had failed to notify the police on time. A handful of opposition supporters chanted party slogans as they protested outside the court, adding they were not free to support their party. "It is disheartening because ZANU PF is allowed to campaign freely but they are using the law to block our rallies.

Persons: Nelson Chamisa, Mary Musika, Agency Gumbo, Patience Chigwande, Emmerson Mnangagwa, Nyasha Chingono, Olivia Kumwenda, David Holmes Organizations: Coalition, CCC, Agency, ZANU, ZANU PF, Reuters, Political, Thomson Locations: BINDURA, Zimbabwe, Bindura, Harare

☆ Zuckerberg-Musk fight is on: Meta launches 'Twitter Killer' Threads app
▼ + stars: | 2023-07-06 | by ( Katie Paul | ) www.reuters.com time to read: +5 min

[1/2] Meta's Threads app and Twitter logos are seen in this illustration taken July 4, 2023. Welcome to Threads," Zuckerberg posted on the app, along with a fire emoji. "I find it hard to imagine that the most avid loyal Twitter users who go to Twitter for that type of culture will defect and go immediately to Threads." Still, she said, Meta only needs to convince a quarter of Instagram's users to join Threads in order to rival Twitter's size. "The reality is that Meta doesn't need to convert Twitter power users into Threads users."

Persons: Dado Ruvic, Mark Zuckerberg, Elon Musk, Zuckerberg, Meta, Danni Hewson, AJ Bell, Musk, Matt Navarra, Shakira, Sheryl Sandberg, Ryan Detert, Jack Dorsey, Dorsey, Jasmine Enberg, Katie Paul, Sheila Dang, Chavi Mehta, Bansari, David Gregorio, Christopher Cushing Organizations: REUTERS, Twitter, Meta, Google, Brands, Billboard, HBO, Variety, Insider Intelligence, Thomson Locations: Las Vegas, Instagram

☆ ‘Secret Chef’ is just one of the delicious shows out this week
▼ + stars: | 2023-07-01 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

Something to sip on…David Chang is an executive producer and one of the stars of "Secret Chef." Jim Fiscus/ HULUReminder that I simply adore movies and shows that celebrate food. “Guided by a mischievous animated talking hat, the chefs are tasked to perform a series of cooking challenges. With their true identities concealed, everything will be hidden except the one thing that matters most … the food.”Yes, please! “Is It Cake?” is over on Netflix, while “Secret Chef” is currently streaming on Hulu.

Persons: let’s, David Chang, Jim Fiscus, ”, –, Angela Bassett, Mike Coppola, Bassett, Tina Turner, “, Oscar, I’m, Lily, Rose Depp, Abel, Eddy Chen, Abel “, Madonna, Tesfaye, “ I’ve, ‘, Bowie, ” Tesfaye, Can’t, Kevin Baker, Henry Cavill, Cavill, Liam Hemsworth Organizations: CNN, Hulu, Netflix, Marvel Studios, HBO, Warner Bros . Locations: Hulu, Hollywood , California

☆ Mortgage demand grows, driven by sales of new homes
▼ + stars: | 2023-06-28 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage rates turned higher again last week. Total mortgage application volume rose 3% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. These applications have increased for three straight weeks to the highest level since early May, despite still-high mortgage rates. Builders are driving demand in part by offering incentives, like paying down mortgage rates. The widening spread and the increase in the jumbo rate stem from the recent regional bank failures.

Persons: Joel Kan, Kan, Fannie Mae, Freddie Mac Organizations: Mortgage, Census, Builders, Bank Locations: U.S

☆ He spent 250,000 euros to renovate a penthouse in Barcelona. This is what it looks like
▼ + stars: | 2023-06-26 | by ( Audrey Wan | ) www.cnbc.com time to read: +4 min

Within five years of moving to Europe, businessman Douglas Loewe "fell in love" with Barcelona, he said. The main living area of Loewe's apartment in Barcelona, called Aribau 133 Sobre Atic. In total, Loewe said he spent about 250,000 euros on the renovation. Douglas LoeweLocated "around the corner" of the apartment is tapas restaurant Paco Meralgo, which is "a Barcelona institution," Loewe said. Douglas Loewe

Persons: Douglas Loewe, Loewe, —, Matthew Coe, Coe, …, Leon Rosen, Paco Meralgo, " Coe Organizations: Macquarie, VistaFutura Associates, Pace, Familia, Foreigners Locations: Europe, Barcelona, Manhattan, Rosen's, Tibidabo, Spain, U.S, Denver, Chicago, Miami, Barcelona's, Asia, Pacific

☆ As Nigeria scraps fuel subsidy, a vibrant black market collapses
▼ + stars: | 2023-06-26 | by ( Desire Danga Essigue | ) www.reuters.com time to read: +4 min

Since Nigeria scrapped a state fuel subsidy on May 31, black market fuel vendors and commercial drivers in Cameroon, Benin and Togo who were heavily reliant on petrol smuggled from Nigeria have seen their businesses collapse. With supplies dwindling, queues have been forming at official petrol stations, where fuel is now competitively priced. "Supply has become scarce and customers think we're ripping them off with this high price, yet it's from Nigeria that prices have soared," said Perevet Dieudonne, a black market seller. The trade in black market fuel is so central to the local economy that authorities either turn a blind eye or are complicit. At Hilacondji, a border crossing between Togo and Benin, some black market fuel stalls were shut, while at others vendors waited among rows of empty plastic jerricans for potential deliveries.

Persons: Danga, turvy, Perevet Dieudonne, Ousmanou Mal Djoulde, Ayi Hilla, Alice Lawson, Pulcherie, Amindeh Blaise Atabong, Elisha Bala, MacDonald Dzirutwe, Estelle Shirbon, Bate Felix, Elaine Hardcastle Organizations: REUTERS, CFA, Reuters, Dangote Petroleum, United Nations, Thomson Locations: Garoua, Cameroon, GAROUA, West, Nigeria, Benin, Togo, Nigerian, West Africa, Dangote, Hilacondji, Africa, Cotonou, Pulcherie Adjoha

☆ 8 money habits that are preventing you from growing your wealth, according to an ex-banker
▼ + stars: | 2023-06-22 | by ( Tim Denning | ) www.businessinsider.com time to read: +10 min

Ex-banker and personal-finance writer Tim Denning says a poor money mindset is what keeps you stuck. You also need to act on investments instead of waiting for the right time and seek out tax savings. I got this poor money mindset from the 2008 recession. "Don't pay in full. When you don't pay, they charge predatory fees and make you poorer.

Persons: Tim Denning, —, Katie, Austin Rief, Austin, Katie Gatti, I've, Cash, Lehman Brothers, you'll, Gordon Ramsay, It's, it's, There's Organizations: Service, Facebook, Morning, doesn't, Navy SEAL, Google, Microsoft, CNBC Locations: Australian

☆ China's governing body upholds lifetime bans for match-fixing
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +1 min

June 22 (Reuters) - China's snooker authorities have upheld lifetime bans for match-fixing handed out to Liang Wenbo and Li Hang by the sport's world governing body (WPBSA) and given five other players longer suspensions for domestic matches. Zhao Xintong, who won the UK Championship in 2021, was banned for a year and eight months by the world governing body for his involvement in the sport's biggest match-fixing scandal but given an additional 10-month ban by the CBSA. Lu Ning had his ban increased to eight years, Bai Langning to four years, and Zhang Jiankang to four years and five months. A total of 10 players were banned for offences including fixing and betting on matches, persuading or encouraging other players to cheat, and manipulating games. Reporting by Hritika Sharma in Hyderabad;Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

Persons: Liang Wenbo, Li Hang, Yan Bingtao, Zhao Xintong, Lu Ning, Bai Langning, Zhang Jiankang, Hritika Sharma, Peter Rutherford Organizations: Snooker Association, Thomson Locations: Hyderabad

☆ Italy's Brembo wary of getting dragged into Pirelli's China dispute
▼ + stars: | 2023-06-21 | by ( Giulio Piovaccari | ) www.reuters.com time to read: +3 min

Rome's move will limit the influence of its largest investor, China's Sinochem which has a 37% stake. China is the third-largest market for Bergamo-based Brembo, after the United States and Germany. "If China should somehow retaliate, it wouldn't be just Brembo to suffer, but the whole Italian economy," the source said, referring to the extensive business interests of Italian companies in China. PUTTING THE BRAKES ONAnalysts have speculated about a possible long-term plan to merge Brembo and Pirelli, two of Italy's largest components suppliers in the automotive industry. Pirelli has a market cap of around 4.5 billion euros ($4.9 billion), broadly in line with 4.8 billion euros for Brembo.

Persons: Brembo, Camfin, Marco Tronchetti Provera, Sinochem, Gold, Carlo Alberto Carnevale Maffè, Tronchetti, They've, Giulio Piovaccari, Keith Weir, Sharon Singleton Organizations: MILAN, Pirelli, Reuters, Gold Phoenix, Bocconi University's School of Management, Thomson Locations: China, Bergamo, United States, Germany, Rome, Netherlands

In a response to Reuters questions, South Africa's national treasury said it, along with President Cyril Ramaphosa's office, had appointed a consultant that it did not name to find ways to resolve the issue. It would also allow the decommissioning of three power plants, which the government is considering delaying because of the shortages of generation capacity. Rudi Dicks, the head of project management at the South African presidency, said there was a need to "clarify as a matter of urgency" whether the international loans could be accepted. Of the $8.5 billion pledged to South Africa, $3 billion is from the Climate Investment Funds (CIF), a leading multilateral investor in developing countries. In a statement it said it remained "committed to supporting South Africa's just transition from coal to clean power".

Persons: Cyril Ramaphosa's, Rudi Dicks, Promit Mukherjee, Carien du Plessis, Olivia Kumwenda, Barbara Lewis Organizations: European Union, Reuters Graphics, Reuters, Partners, Investment Funds, Thomson Locations: JOHANNESBURG, Britain, France, Germany, United States, South Africa, Africa

☆ Miriam Margolyes poses nude for British Vogue
▼ + stars: | 2023-06-14 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

Tim Walker/VogueActor Bella Ramsey, the youngest of those featured, expanded on their experience coming out as non-binary earlier this year. Discovery)Harry Potter star Miriam Margolyes came out as a lesbian in 1966. The July issue of British Vogue is available via digital download and on newsstands from June 20. Tim Walker/VogueStill, the actor, who posed nude for the magazine, said she remained proud of her identity and her community. “I think gay people are very lucky, because we are not conventional, we are a group slightly apart,” she said.

Persons: Janelle Monáe, Ncuti Gatwa, Emma D’Arcy, Rina Sawayama, Bella Ramsey, Tim Walker, “ I’ve, ”, “, ’ ” Ramsey, HBO Max, Harry Potter, Miriam Margolyes, Pomona, Margolyes, Vogue Organizations: CNN, British Vogue, HBO, Warner Bros, Vogue, Pomona Sprout Locations: British

☆ HBO's 'The Idol' sees viewership dip as it delivers 'the worst sex scene in history'
▼ + stars: | 2023-06-13 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +2 min

Episode two of HBO's "The Idol" brought in 800,000 viewers, per Variety. British GQ declared that episode two included "the worst sex scene in history." The second episode of HBO's controversial new series "The Idol" brought in 800,000 viewers across HBO and Max on Sunday, a 12% decrease compared to its premiere, according to Variety. British GQ declared that in Sunday's episode two, the series delivered "the worst sex scene in history." Discovery told Variety that "The Idol" had scored higher viewership in Latin America and Europe than "The White Lotus" and "Winning Time" had in the same amount of time.

Persons: Sam Levinson, Lily, Rose Depp, Abel, we're, Lucy Ford, Tesfaye, Depp, Levinson Organizations: British GQ, HBO, Max, Variety, Rotten, Warner Bros . Discovery, Stone Locations: British, FlixPatrol, America, Scandinavia, Central Europe, Western Europe, Europe

☆ How 50 Cent changed tactics and sold 'Power' after a string of rejections from networks like HBO and Showtime
▼ + stars: | 2023-06-10 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +2 min

50 Cent says HBO, Showtime, Paramount, and Hulu passed on "Power." He used music to help pitch the show after an initial round of rejections. Jackson said he and Courtney Kemp pitched the show to HBO, Showtime, Paramount, and Hulu — but they all passed. He said he got paid $17,000 an episode to act, executive produce, and make music for the show. Jackson is also a producer on the Starz show "BMF" and previously had an overall deal with the network.

Persons: Cent, Hulu, Curtis Jackson, Jackson, Courtney Kemp, Hulu —, Courtney Organizations: Showtime, Paramount, Starz, HBO, Fox

☆ A 27-year-old Airbnb host with 25 units says he works less than 15 hours a week thanks to 3 software tools
▼ + stars: | 2023-06-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

He started doing rental arbitrage and has since set up 25 Airbnb units that bring in up to $88,000 in monthly revenue. He says he works less than 15 hours a week, thanks to software tools like PriceLabs and Hospitable. "If I did overtime, I might bring home $700 to $800 a week, but that was after working 50 hours." PriceLabsOne of the early challenges Turner ran into was figuring out how to properly price his Airbnb units. Monday.comTo help manage his 10 employees, delegate tasks, and keep the internal team organized, Turner uses Monday.com.

Persons: Nathan Turner, Turner, Taniera, —, PriceLabs, Monday.com, I'm, It's Organizations: FedEx Locations: Houston , Texas, PriceLabs

☆ Warner Bros. Discovery stock rises for second straight day as company pays down debt
▼ + stars: | 2023-06-08 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

The media giant has been contending with a heavy debt load stemming from the 2022 merger of Warner Bros. and Discovery. Warner Bros. Warner Bros. Warner Bros. Warner Bros.

Persons: Chris Licht, Wells Fargo, Steven Cahall, Cahall, David Zaslav Organizations: Warner Bros, CNN, Discovery, Warner Bros . Discovery, Public, Max, HBO, Discovery Channel, TLC Locations: U.S

☆ Chinese snooker players banned for life for match-fixing, eight others suspended
▼ + stars: | 2023-06-07 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +4 min

CNN —Two professional Chinese snooker players have been banned for life and eight others suspended after being found guilty of match-fixing and other charges, the sport’s governing body has announced. Traditionally snooker was dominated by players from the United Kingdom, but in recent years has seen an influx of Chinese talent, with the sport soaring in popularity there. Liang was the first Chinese player to be suspended in connection with the investigation in October. The remaining players either joined in with match fixing or made illegal bets themselves. If any player is involved in fixing a snooker match, they will be caught and will face severe penalties,” he added.

Persons: Liang Wenbo, Li Hang, Zhao Xintong, Yan Bingtao –, –, Lu Ning, Zhao Jianbo, Chang Bingyu, Bai Langning, Chen Zifan, Zhang Jiangkang, Liang, Li, ”, Jason Ferguson, ” “ Organizations: CNN, Snooker Association, Integrity Association Locations: China, United Kingdom

☆ Warner Bros. Discovery's new streamer, Max, is live — these top 9 execs are helping content chief Casey Bloys take on Netflix and win over subscribers
▼ + stars: | 2023-06-05 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Discovery driving content at HBO and new streamer Max. WBD has one of TV's most respected executives working to ensure Max's success: Casey Bloys, who's been with HBO since 2004, is chairman and CEO of HBO and Max content. In week one 70% of HBO Max subscribers switched over to the new app, and some Discovery+ subscribers have moved over as well, WBD told The Wall Street Journal. It'll take time for Max to build up the brand equity HBO Max has. As for existing subscribers, most HBO Max users may seamlessly transition to Max and see no change in price.

Persons: Casey Bloys, Max, Barry, WBD, who's, HBO Max —, there's Kathleen Finch, JB Perrette, Harry Potter, HBO Max, Bloys Organizations: Warner Bros, HBO, Max, DC, Netflix, Disney, Hollywood, HBO Max, Wall Street

☆ I've made $98,000 in a month on OnlyFans. There's this stigma that it's just creepy dudes on there — but most of the time, my conversations aren't sexual at all.
▼ + stars: | 2023-06-01 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +5 min

Laura Lux transitioned to online sex work during the popularity of MySpace. Lux makes about $30,000 a month on OnlyFans, but she doesn't recommend it to everyone. My transition to online sex work happened with the popularity of MySpaceI kind of blew up on MySpace just posting photo shoots with local photographers. My content isn't full-on sex content, and it's actually kind of tame compared to other creators. There's this stigma that it's just creepy dudes on thereBut in reality, we talk about all kinds of things.

Persons: Laura Lux, —, I'd, Snapchat, I've, it's, It's, I'm Organizations: Lux, Service, MySpace, Twitter Locations: Australia, OnlyFans

That was the promise of a digital library of movies and TV shows. "Warner Bros. That's why NBCUniversal had to pay itself $500 million to stream Universal TV's "The Office" on Peacock and Warner Bros. Rafael Henrique | Lightrocket | Getty ImagesBy removing the content specifically made for streaming rather than licensed shows and movies, Warner Bros. Warner Bros.

☆ 3 reasons why 'Succession' tech bro Lukas Matsson is Elon Musk crossed with Daniel Ek
▼ + stars: | 2023-05-27 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

Viewers say the character seems to resemble aspects of both Elon Musk and Spotify CEO Daniel Ek. Alexander Skarsgard plays Matsson, the billionaire CEO of tech streaming media giant GoJo – a socially awkward, vaguely sinister tech bro. But viewers have been pointing out the character's similarities to two bosses in particular — Elon Musk, and Spotify CEO Daniel Ek. "I definitely didn't try to play an Elon Musk character," Skarsgard said. In one recent episode of "Succession," Matsson tweets a "very nasty joke" after Kendall Roy's presentation about the Living+ initiative because he's less than pleased about the move.

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