
💳 “I only date Costco members” — Costco’s membership magic. Universal’s boy-band power. VinFast’s super-cheap car.
The Best One Yet
00:00
You Don't Love Costco Despite Its Membership Fee
The membership fee is only 2% of Costco's revenues, but it makes up a majority of their profits. Universal Music Group just had its best quarter in the history of song and dance. The record label signs musicians when they're young and then owns the rights to their music for the rest of their career. 7 out of the 10 top albums on the Billboard 200 last year were Universal Music Group.
Transcript
Play full episode