×
You’re probably mistaken
Do you know how much you’re paying for subscription services? You know, like for WiFi, Netflix, Spotify, Dollar Shave Club, Playstation Now, or iCloud?
The management consulting firm Waterston surveyed 2,500 Americans and found most are grossly out-of-touch with how much they're actually paying. The survey said 84 percent underestimate what they spend on subscription services.
Most Americans seem to be unaware of how much they’re shelling out for subscription services. When pressed for a quick answer, they dramatically underestimate the amount and this is good for companies operating subscription models, but lousy if you’re an advocate of careful budgeting.
The average total spend of those surveyed was $237.33. Their first guess, made within 10 seconds of being asked, was $79.74. They got a chance to think about it for a few more seconds and their revised guess was still less than half the reality: $111.61.
Big numbers, big lights
Big River Crossing is coming up on its second anniversary in October and it’s been drawing some traffic. So far, the nation’s longest pedestrian-bike bridge across the Mississippi River has had 385,875 total visitors, with 57,060 of them making the trip between April and June of this year. The April-to-June traffic breaks down into 45,595 pedestrians and 11,465 cyclists, most of whom enter from the Memphis side.
An expansion of sorts is under way with the Philips Lighting installation on the crossing being extended to the Hernando de Soto Bridge. The Big River Crossing portion of the “Mighty Lights” display has more than 100,000 LED lights providing illuminated shows for holidays, causes, and events. What organizers are calling a “co-ordinated concert” between Big River Crossing and the Hernando de Soto Bridge will be revealed during RiverArtsFest in late October.
Mighty Lights is capable of millions of dynamic colors and pattern designs. When its fully up and running this fall, it will synchronize and coordinate the Hernando de Soto bridge and Big River Crossing lighting to achieve dramatic effects that bookend the Mississippi River and highlight the riverfront in between. The de Soto bridge’s new lighting will be visible from both South and North viewpoints, including Harbor Town.
Free legal advice in Orange Mound
AutoZone and Bass, Berry & Sims PLC, with Memphis Area Legal Services (MALS), will host the 10th “Give a Little, Help a Lot” pro bono clinic for low-income senior citizens at the Orange Mound Senior Center. The annual clinic has provided hundreds of seniors free legal services addressing healthcare law, estate planning, and other legal matters. Attorneys, paralegals and other volunteers from MALS, AutoZone and Bass, Berry & Sims will team up to assist senior citizens with the preparation of advance care plans, healthcare directives, durable power of attorney forms, wills, and other legal documents. It’s Wednesday, July 25 from 10 a.m. to 1 p.m. at the center, 2590 Park Avenue.
Construction under way at U of M
Turner Construction Company’s Memphis office says it is beginning the first phase of a $10.6 million expansion and renovation of the University of Memphis’ athletic training facility on its Park Avenue campus. The project is the first phase of the Indoor Football Practice Facility, which will expand the Billy J. Murphy Athletic Complex by 25,000 square feet.
News from other sources
There will soon be a new media operation in town. The Daily Memphian will debut this fall as an online-only publication reporting on general news and going up against The Commercial Appeal. Toby Sells at the Memphis Flyer has the story here.
The magazine Edible Memphis has been on hiatus, but the Memphis Business Journal says that plans are under way to relaunch the food-centric publication. Read Mary Cashiola’s story here.
The New Tri-State Defender has begun a provocative series, “The intentional sabotage of African-American wealth” by Williams D. Brack. Get started on it here.
Power Player
Inside Memphis Business magazine publishes a list of local Power Players every year. These are the movers and shakers in more than 30 categories who get things done in their respective fields. IMB’s April issue has the complete list. We also publish individual categories in other issues throughout the year, and we feature individual Power Players in our weekly Tip Sheet.
Today’s Power Player: Rick Gardner
Principal and practice leader, HBG Design. Bachelor of Architecture, University of Tennessee. With HBG Design more than 33 years. Clients include Graceland, Carlisle Corporation, Boyle, Hard Rock International, FedEx World Wide Headquarters, and UTHSC. Helped HBG Design be named a TOP 10 leading U.S. hospitality and entertainment design firm, and to achieve multiple “Best Place to Work” awards.
