Imbibing in art

Imbibing in art
News from Chicago Tribune:

Julia Dziubla says that attending a friend’s party to paint and have a few glasses of wine sounded only about half interesting at first. She didn’t consider herself a painter of any sort, but enjoyed having a drink or two and socializing, so she said yes.

“My friend is always talking about how much fun she has at paint and wine parties, and I don’t like going to bars, but I love to drink wine! I want to socialize with adult beverages so I thought I’d give it a try,” said Dziubla, of Chesterton.

That party was held in a private home and was led by Kathy Eckert, owner of Canvas Escapes in Porter.

“I have about 80 paintings to choose from,” Eckert said. “The host invites all of their friends and serves food and alcohol. I bring all of the supplies and set up the canvases, easels, paints, aprons, in the kitchen, living room, or even the garage during the summer. I play music and I stand up front and teach e…………… continues on Chicago Tribune

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Here’s Why We Think Zynga’s Gross Margin Could Decline In The Future
News from Trefis:

Zynga’s (NASDAQ:ZNGA) business has lost some of its sheen over the last few years due to several challenges, including a decline in its user base, a surge in losses, and an inability to come up with new hit games. Correspondingly, its gross margin has come down from 74% in 2012 to 70% in 2014. In this article, we analyze the key reasons why we think Zynga”s gross margin could trend downward going forward by assessing the various factors that affect gross margins.

The company’s cost of revenue includes data center and hosting expenses, consulting expenses pertaining to third-party customer support functions, payment processing and licensing fees, as well as headcount-related expenses (salaries, benefits, stock-based compensation) for customer support and infrastructure teams. We believe the key contributing factor to Zynga’s gross margin decrease in the future will be its ongoing shift towards the mobile platform, as mobile revenue is recognized on gross basis, as compared to Facebook-related revenues, where the revenue is recognized on net basis. Moreover, the continued decline in its Facebook business will further put pressure on margins. We think it is unlikely that Zynga’s business will re-accelerate in the short-t…………… continues on Trefis

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