Daily Podcast (10.03.18)
WMMR's Preston & Steve Daily Podcast
93.3 WMMR
4.8 • 2.8K Ratings
🗓️ 3 October 2018
⏱️ 175 minutes
🧾️ Download transcript
Summary
News (00:00:00) Entertainment News (00:14:31) Is Lying Ok? (00:48:45) The Bizarre Files (01:11:56) Mean Girls Day/Junk Drawer (01:26:27) Adam Goldberg Call In (01:59:42) The Bizarre Files (02:28:19) Hollywood Trash & Music News (02:35:31) Wrap Up (02:48:01)
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Transcript
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| 0:00.0 | 93-3-WMR Audio on Demand presents the Preston and Steve show podcast. |
| 0:08.4 | And now, Preston and Steve's news update with Kathy Romano. |
| 0:13.1 | And today is Wednesday. It's October 3rd. Good morning, Kathy. |
| 0:16.0 | Good morning in the news this morning. Just several months after retail giant Toys R Us, |
| 0:20.1 | shuttered its operation and |
| 0:21.4 | liquidated its stores new owners are staging a comeback. Whoa! The Wall Street Journal first |
| 0:26.0 | reported Tuesday that lenders who now own the iconic toy store have canceled plans to auction |
| 0:30.5 | off the company according to a bankruptcy court filing acquired by the paper. According to the court |
| 0:34.6 | papers filed Monday while the company received qualified bids for assets including the brand names of Toys R Us, Babies Are Us, Jeffrey the Giraff, and the associated website domains, it has opted to forego the bankruptcy auction. |
| 0:47.9 | In a press release, the company says it is moving forward with a plan for the assets to be acquired by a group of investors led by |
| 0:54.5 | Jeffrey's LLC existing secured lenders. The transition of the business is to its new owners, |
| 1:00.0 | is pending approval of the United States Bankruptcy Court. So what this means, the new owners |
| 1:04.0 | of Jeffrey LLC say that they are actively working with potential partners to develop ideas for |
| 1:08.9 | new Toys R Us and Babies Are Us stores in the United States |
| 1:11.8 | and abroad and could bring back the iconic brands in a new and reimagined way. |
| 1:17.0 | Yeah, I think there's opportunity there, especially if they became just so comprehensively |
| 1:22.2 | toy-based and tech toy based, you know, but also with a large online counterpart, like, because they did have an online component. But it was terrible. Yeah, it was terrible. Yeah, it was terrible. It was terrible. Amazon crushed it, yeah. Oh, yeah, they crushed it. It was terrible. The shipping was, took forever. And yeah, it was no good. But I just, if they could be an ultra-comprehensive toy aspect like an Amazon. |
| 1:46.1 | Yeah, they would. |
| 1:47.2 | I laughed, though, and I heard this. |
| 1:48.4 | After all that, and now it's coming back. |
| 1:50.5 | I knew it. |
| 1:51.7 | I was talking to somebody over there. |
... |
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