Boodor is Your Go-to Source for the Latest Business News, Stay Informed and Make Informed Decisions.
⎯ 《 Boodor • Com 》

List of All Articles with Tag 'son'

How much money would KSI and Logan Paul lose if it was banned?
How much money would KSI and Logan Paul lose if it was banned?
Boxer and rapper KSI and YouTuber-turned-WWE-star Logan Paul sure have hit the jackpot with their drinks company Prime, to the extent it’s sold for ridiculous prices, made one shop in Wakefield go viral, and even been reviewed by foul-mouthed chef Gordon Ramsay. The collaboration between Paul and KSI (real name Olajide “JJ” Olatunji) was announced back in January last year, with the pair just recently touring Munich, Barcelona, Copenhagen and Oslo to promote the drink. Prime has even become the drinks partner for both Arsenal and Barcelona football clubs. However, such success has also caught the attention of legislators, with one US senator, Democrat Chuck Schumer, calling for the company to be investigated by the Food and Drugs Administration (FDA). In a letter to the regulator, Mr Schumer wrote: “A simple search on social media for Prime will generate an eye-popping amount of sponsored content, which is advertising. “This content and all the claims made should be investigated, along with the ingredients and the caffeine content in the Prime energy drink.” Sign up to our free Indy100 weekly newsletter While Prime Hydration is caffeine-free, the Prime Energy brand contains 200mg of caffeine per 12 ounces, which is about the same as six cans of Coca-Cola or almost two Red Bulls. On Twitter, Mr Schumer went further and claimed the drink contains so much of the stimulant that it “could endanger kids’ health”, but is being “marketed to kids” anyway. “Parents and paediatricians are worried. The FDA must investigate Prime for its absurd caffeine content and its marketing targeting kids on social media,” he wrote. Representatives for Prime, meanwhile, argue the product is clearly labelled as “not recommended for children under 18”. Although the FDA is yet to announce an investigation into the drinks brand, and therefore it’s not yet at risk of being banned in the US, how much money would KSI and Logan Paul stand to lose if such a decision was ever taken? Some insight into just how popular the brand is was given by Paul during an interview on the Australian radio show The Kyle and Jackie O Show in February, in which he said they had garnered “$250m in retail sales [and] $110m gross internally”. “In January of this year, we did $45m,” he added. But of course, Olatunji and Paul won’t see all of that money, with Prime being part of the Congo Brands company and the YouTuber duo reportedly having a combined share of 20 per cent in the brand. Although we don't have the exact estimations, but we imagine the answer to the big question is that the pair would certainly lose a lot of money if they were blocked from selling in a market as big as America. That’s yet to happen, though, and so instead, Prime looks to be getting more and more popular… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-10 22:16
Canada to Double Troops on Eastern NATO Flank to Counter Russia
Canada to Double Troops on Eastern NATO Flank to Counter Russia
Canadian Prime Minister Justin Trudeau said his country will more than double the number of its troops in
2023-07-10 21:56
Fitch upgrades Pakistan's sovereign rating to CCC after IMF deal
Fitch upgrades Pakistan's sovereign rating to CCC after IMF deal
By Asif Shahzad ISLAMABAD Fitch credit rating agency on Monday upgraded Pakistan's long-term foreign currency issuer default rating
2023-07-10 21:51
Australia joins G7-backed 'climate club' and promises to drive down greenhouse gas emissions
Australia joins G7-backed 'climate club' and promises to drive down greenhouse gas emissions
Australia is joining the ’climate club’ backed by the Group of Seven major economies last year aimed at taking more ambitious action to tackle global warming, Prime Minister Anthony Albanese said Monday
2023-07-10 21:25
Erdogan Links Sweden’s NATO Entry to Turkey’s EU Bid
Erdogan Links Sweden’s NATO Entry to Turkey’s EU Bid
Turkish President Recep Tayyip Erdogan linked Sweden’s NATO membership bid to Ankara’s efforts to join the European Union,
2023-07-10 21:24
Israel Holds Rates for First Time in Over a Year Despite Shekel
Israel Holds Rates for First Time in Over a Year Despite Shekel
Israel left interest rates unchanged for the first time in over a year, halting a record cycle of
2023-07-10 21:23
Activist Fights Tick Up, Along With Settlements to Head Them Off
Activist Fights Tick Up, Along With Settlements to Head Them Off
The first proxy season after a key US rule change was expected to rock the shareholder activism world.
2023-07-10 20:56
Raise Taxes to Curb Inflation, Leading UK Economist Tells Sunak
Raise Taxes to Curb Inflation, Leading UK Economist Tells Sunak
The UK government should raise taxes to help the Bank of England tame soaring prices if it’s serious
2023-07-10 20:54
Dutch PM Rutte Quits After Migration Clash Splits Coalition
Dutch PM Rutte Quits After Migration Clash Splits Coalition
Dutch Prime Minister Mark Rutte said he’s leaving politics after his coalition government collapsed amid infighting over migration
2023-07-10 20:50
Biden and Sunak Agree to Talks on Boosting US-UK Economic Ties
Biden and Sunak Agree to Talks on Boosting US-UK Economic Ties
Joe Biden and Prime Minister Rishi Sunak agreed to hold a high-level meeting on UK-US economic relations and
2023-07-10 20:26
PGA Tour board member quits over 'serious concerns' with Saudi deal
PGA Tour board member quits over 'serious concerns' with Saudi deal
Former AT&T CEO Randall Stephenson has resigned from his post on the influential policy board of the PGA Tour in protest to the proposed merger with Saudi-backed LIV Golf.
2023-07-10 20:19
Govt and Fiat-owner Stellantis agree on need to boost car production in Italy
Govt and Fiat-owner Stellantis agree on need to boost car production in Italy
By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Italy's Industry Minister and the head of Stellantis agreed on Monday on
2023-07-10 20:17
«273274275276»