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Connecticut cashes in on Hallmark Movie status to drive kitschy Christmas tourism boom

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“Christmas at Pemberly Manor” and “Romance at Reindeer Lodge” may never make it to Oscar night, but legions of fans still love these sweet-yet-predictable holiday movies — and this season, many are making pilgrimages to where their favorite scenes were filmed.

That’s because Connecticut — the location for at least 22 holiday films by Hallmark, Lifetime and others — is promoting tours of the quaint Christmas-card cities and towns featured in this booming movie market; places where a busy corporate lawyer can return home for the holidays and cross paths with a plaid shirt-clad former high school flame who now runs a Christmas tree farm. (Spoiler alert: they live happily ever after.)

“It’s exciting — just to know that something was in a movie and we actually get to see it visually,” said Abby Rumfelt of Morganton, North Carolina, after stepping off a coach bus in Wethersfield, Connecticut, at one of the stops on the holiday movie tour.

Rumfelt was among 53 people, mostly women, on a recent weeklong “Hallmark Movie Christmas Tour,” organized by Mayfield Tours from Spartanburg, South Carolina. On the bus, fans watched the matching movies as they rode from stop to stop.

To plan the tour, co-owner Debbie Mayfield used the “ Connecticut Christmas Movie Trail ” map, which was launched by the wintry New England state last year to cash in on the growing Christmas-movie craze.

Mayfield, who co-owns the company with her husband, Ken, said this was their first Christmas tour to holiday movie locations in Connecticut and other Northeastern states. It included hotel accommodations, some meals, tickets and even a stop to see the Rockettes in New York City. It sold out in two weeks.

With snow flurries in the air and Christmas songs piped from a speaker, the group stopped for lunch at Heirloom Market at Comstock Ferre, where parts of the Hallmark films “Christmas on Honeysuckle Lane” and “Rediscovering Christmas” were filmed.

Once home to America’s oldest seed company, the store is located in a historic district known for its stately 1700s and 1800s buildings. It’s an ideal setting for a holiday movie. Even the local country store has sold T-shirts featuring Hallmark’s crown logo and the phrase “I Live in a Christmas Movie. Wethersfield, CT 06109.”

“People just know about us now,” said Julia Koulouris, who co-owns the market with her husband, Spiros, crediting the movie trail in part. “And you see these things on Instagram and stuff where people are tagging it and posting it.”

Christmas movies are big business — and a big deal to fans

The concept of holiday movies dates back to 1940s, when Hollywood produced classics like “It’s A Wonderful Life,” “Miracle on 34th Street” and “Christmas in Connecticut,” which was actually shot at the Warner Bros. studios in Burbank, California.

In 2006, five years after the launch of the Hallmark Channel on TV, Hallmark “struck gold” with the romance movie “The Christmas card,” said Joanna Wilson, author of the book “Tis the Season TV: The Encyclopedia of Christmas-Themed Episodes, Specials and Made-for-TV Movies.”

“Hallmark saw those high ratings and then started creating that format and that formula with the tropes and it now has become their dominant formula that they create for their Christmas TV romances,” she said.

The holiday movie industry, estimated to generate hundreds of millions of dollars a year, has expanded beyond Hallmark and Lifetime. Today, a mix of cable and broadcast networks, streaming platforms, and direct-to-video producers release roughly 100 new films annually, Wilson said. The genre has also diversified, with characters from a wider range of racial and ethnic backgrounds as well as LGBTQ+ storylines.

The formula, however, remains the same. And fans still have an appetite for a G-rated love story.

“They want to see people coming together. They want to see these romances. It’s a part of the hope of the season,” she said. “Who doesn’t love love? And it always has a predictable, happy ending.”

Hazel Duncan, 83, of Forest City, North Carolina, said she and her husband of 65 years, Owen, like to watch the movies together year-round because they’re sweet and family-friendly. They also take her back to their early years as a young couple, when life felt simpler.

“We hold hands sometimes,” she said. “It’s kind of sweet. We’ve got two recliners back in a bedroom that’s real small and we’ve got the TV there. And we close the doors off and it’s just our time together in the evening.”

Falling in love again… with a state

Connecticut’s chief marketing officer, Anthony M. Anthony, said the Christmas Movie Trail is part of a multipronged rebranding effort launched in 2023 that promotes the state not just as a tourist destination, but also as a place to work and live.

“So what better way to highlight our communities as a place to call home than them being sets of movies?” he said.

However, there continues to be debate at the state Capitol over whether to eliminate or cap film industry tax credits — which could threaten how many more of these movies will be made locally.

Christina Nieves and her husband of 30 years, Raul, already live in Connecticut and have been tackling the trail “little by little.”

It’s been a chance, she said, to explore new places in the state, like the Bushnell Park Carousel in Hartford, where a scene from “Ghost of Christmas Always” was filmed.

It also inspired Nieves to convince her husband — not quite the movie fan she is — to join her at a tree-lighting and Christmas parade in their hometown of Windsor Locks.

“I said, listen, let me just milk this Hallmark thing as long as I can, OK?” she said.



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Reese Witherspoon says ‘I don’t think my career would be possible’ in the age of AI and social media: ‘It’s a different world’

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Reese Witherspoon’s big break came in 2001, when she was 25 years old, starring in Legally Blonde as the iconic Elle Woods. But the award-winning actress actually started modeling and doing local TV commercials when she was just 7 years old, and had her first major film role when she was just 14 years old, in 1991, for the coming-of-age drama The Man in the Moon.

Today, Witherspoon is the founder of media company Hello Sunshine, and is worth about $400 million. She sold her company in 2021 to two former Disney execs for $900 million, but she still oversees operations and remains on the company’s board. But she recently said if she had tried to come up as an actor today, she wouldn’t have had as much success. 

“I don’t think my career would be possible,” Witherspoon told Bloomberg’s Emily Chang. “It’s a different world.” Witherspoon’s response was to Chang’s question regarding how different Witherspoon’s career would have been if she had started her career during the age of AI and algorithms.

“I see young people and I have so much compassion for young performers and actors because they have to be the producer, the director, they have to shoot their own videos, they have to market themselves,” Witherspoon continued. “That’s not something that I understood when I was 20 years old.”

To be sure, Witherspoon also worked incredibly hard as an up-and-coming actress, even attributing her great success to anxiety. 

“I was probably successful because I had so much anxiety. They go hand in hand,” she recently told Harper’s Bazaar U.K. “I had pressured myself to extreme levels to show up at work in a perfect way.”

Witherspoon admits, though, that mentality isn’t one to keep.

“We all now know, perfect is not attainable. It’s not sustainable,” she said. “I stressed myself out in service of my job, and it got me really, really far. I’m rewarded for my anxiety and perfectionism.”

How AI has shaped acting careers

AI has undoubtedly come for white-collar jobs by replacing entry-level workers with tech-based workflows. But AI has also fundamentally changed the entertainment industry, too. Take Disney’s recent announcement of a $1 billion partnership with OpenAI’s Sora, as an example. 

Although some analysts say the OpenAI/Disney deal effectively ended the “war” between AI and Hollywood, the conflict between technology and acting has been waging on for years. The partnership allows for more than 200 Disney, Pixar, Marvel, and Star Wars characters to appear inside OpenAI’s Sora video-generation app, meaning more people can be creators.

AI has transformed acting through digital de-aging, voice cloning, performance alterations, reshaping faces, smoothing dialogue, and recreating deceased actors’ likenesses. Some have even called AI “enemy No. 1” in Hollywood, even though many award-winning films include the technology. 

This has also meant, though, the entertainment industry’s ethics and standards will continue to be called into question as consumers start to doubt the authenticity of content. 

“People are going to want to go outside and meet or go to the theater,” Nicholas Grous, director of research for consumer internet and fintech at Ark Invest, recently told Fortune’s Nick Lichtenberg. “Like, we’re not just going to want to be fed AI slop for 16 hours a day.”

And it also means actors will need to work harder than ever to prove their value. 

“It’s a different, challenging time,” Witherspoon said. “That said, the incredibly talented people will always rise, right? Even in a glut of information, real talent survives and thrives.”

This story was originally featured on Fortune.com



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Elon Musk’s wealth has soared past $600 billion—he’s now worth double the next richest person alive, Google’s cofounder Larry Page

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Elon Musk just woke up $168 billion richer. Even as the wealthiest man in the world, he is still setting new records and raising the bar for what ultra-wealthy looks like.

The serial CEO’s net worth shot up to $638 billion on Monday, making him the first person estimated to be worth more than $600 billion by Bloomberg’s wealth index

The 54-year-old witnessed an unprecedented wealth surge after SpaceX, an aerospace company he founded and leads, hit a $800 billion market cap in an insider share sale. SpaceX subsequently became the most valuable private company in the world—and by holding a 42% stake in the business worth $317 billion, Musk’s fortune soared. 

In fact, his fortune has multiplied so much that fellow billionaires can’t keep up; Oracle cofounder Larry Ellison very briefly knocked him from the top spot earlier this year, but swiftly lost $34 billion

Even the wealth of Google cofounder and ex-CEO Larry Page, who is the second richest person alive, pales in comparison to Musk’s bank account. Page is worth $265 billion: less than half of what the SpaceX CEO sits atop. 

And with Musk’s $1 trillion Tesla pay package (effective since it was approved in November) trickling into his bank account over the next decade, he’s solidified his spot as the richest person in the world by a longshot. 

How Musk became the richest person in the world

When Musk was first added to Bloomberg’s index in 2013, he only held $4.8 billion in wealth—still an eye-watering figure, but a far cry from his 2025 fortune. His next milestone came in 2020, when he was calculated to be worth at least $100 billion thanks to a soaring Tesla valuation. And within the last five years, he’s managed to accrue six times as much wealth—adding around $100 billion every year—as his businesses thrived. 

But Musk was never a stranger to wealth. 

The entrepreneur spent his final high school years attending an affluent South African boys school—surrounded by peers who later became politicians and award-winning novelists—while the rest of the country reeled from apartheid. Later, he headed to his mother’s country, Canada, before moving to the U.S. in pursuit of success.

Musk experienced his first wealth breakthrough while he was still in his early twenties. In 1995 he co-founded software company Zip2, which helped newspapers bring city guides to the internet. The business sold to Compaq for $307 million just four years later. But his next venture solidified his footing in the corporate world; in 1999 Musk then co-founded X.com, an online payment company which later merged with PayPal’s parent company Cofinity. By 2002, eBay acquired PayPal for a whopping $1.5 billion. 

Instead of simply riding the high of newfound wealth, Musk used the money to found and invest in a slew of other lucrative companies. In 2002, he founded SpaceX—his current ticket to $638 billion wealth. He also joined Tesla as an investor in 2004, becoming CEO four years down the road. In 2016, he launched neurotech business Neuralink, the same year he founded The Boring Company. And in one of his most daring—and contentious—aquisitions yet, Musk bought Twitter (now X) for $44 billion in 2022. 

But the vast majority of Musk’s wealth comes from his 12% stake in EV car business Tesla, and 42% share of rocket company SpaceX. He also owns around 33% of XAI Holdings, valued at roughly $105 billion by Bloomberg, following a merger with X and AI startup xAI. And aside from his investments, Musk has locked down a compensation package that’s unheard of. This November, Tesla shareholders voted in favor of a nearly $1 trillion, 10-year pay plan for the Tesla CEO. 

Criticism around Musk’s $1 trillion pay package

The first-of-its-kind $1 trillion compensation strategy encompasses 12 tranches of shares to be granted if Tesla hits certain milestones over the next decade, giving Musk increased voting power over the company. His ownership of Tesla is estimated to swell from about 12% to 25%, tacking an additional 423 million shares to Musk’s current holdings.

It’s a record-breaking pay package that has drawn scrutiny from spectators and proxy advisors alike. Even Pope Leo XIV chimed in on the situation, warning of growing income inequality at the upper echelons of business. 

“CEOs that 60 years ago might have been making four to six times more than what the workers are receiving, the last figure I saw, it’s 600 times more than what average workers are receiving,” the Pope told Catholic news siteCrux in September.

“Yesterday, the news that Elon Musk is going to be the first trillionaire in the world: What does that mean and what’s that about? If that is the only thing that has value anymore, then we’re in big trouble.”



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Government belatedly reveals loss of 105,000 jobs in October as full DOGE cutbacks come into view

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The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports.

The unemployment rate rose to 4.6%, highest since 2021.

Both the October and November job creation numbers, released Tuesday by the Labor Department, came in late because of the 43-day federal government shutdown.

The November job gains came in higher than the 40,000 economists had forecast. The October job losses were caused by a 162,000 drop in federal workers, many of whom resigned at the end of fiscal year 2025 on Sept. 30 under pressure from billionaire Elon Musk’s purge of U.S. government payrolls.

Labor Department revisions also knocked 33,000 jobs off August and September payrolls.

Workers’ average hourly earnings rose just 0.1% from October, the smallest gain since August 2023. Compared to a year earlier, pay was up 3.5%, the lowest since May 2021.

Healthcare employers added more than 46,000 jobs in November, accounting for more than two-thirds of the 69,000 private sector jobs created last month. Construction companies added 28,000 jobs. Manufacturing shed jobs for the seventh straight month, losing 5,000 jobs in November.

Hiring has clearly lost momentum, hobbled by uncertainty over President Donald Trump’s tariffs and the lingering effects of the high interest rates the Federal Reserve engineered in 2022 and 2023 to rein in an outburst of inflation.

American companies are mostly holding onto the employees they have. But they’re reluctant to hire new ones as they struggle to assess how to use artificial intelligence and how to adjust to Trump’s unpredictable policies, especially his double-digit taxes on imports from around the world.

The uncertainty leaves jobseekers struggling to find work or even land interviews. Federal Reserve policymakers are divided over whether the labor market needs more help from lower interest rates. Their deliberations are rendered more difficult because official reports on the economy’s health are coming in late and incomplete after a 43-day government shutdown.

Labor Department revisions in September showed that the economy created 911,000 fewer jobs than originally reported in the year that ended in March. That meant that employers added an average of just 71,000 new jobs a month over that period, not the 147,000 first reported. Since March, job creation has fallen farther — to an average 35,000 a month.

The unemployment rate, though still modest by historical standards, has risen since bottoming out at a 54-year low of 3.4% in April 2023.

“The takeaway is that the labor market remains on a relatively soft footing, with employers showing little appetite to hire, but are also reluctant to fire,” Thomas Feltmate, senior economist at TD Economics, wrote in a commentary. “That said, labor demand has cooled more than supply in recent months, which is what’s behind the steady upward drift in the unemployment rate.’’

Adding to the uncertainty is the growing use of artificial intelligence and other technologies that can reduce demand for workers.

“We’ve seen a lot of the businesses that we support are stuck in that stagnant mode: ‘Are we going to hire or are we not? What can we automate? What do we need the human touch with?’’’ said Matt Hobbie, vice president of the staffing firm HealthSkil in Allentown, Pennsylvania.

“We’re in Lehigh Valley, which is a big transportation hub in eastern Pennsylvania. We’ve seen some cooling in the logistics and transportation markets, specifically because we’ve seen automation in those sectors, robotics.’’

Worries about the job market were enough to nudge the Fed into cutting its benchmark interest rate by a quarter of a percentage point last week for the third time this year.

But three Fed officials refused to go along with the move, the most dissents in six years. Some Fed officials are balking at further cuts while inflation remains above the central bank’s 2% target. Two voted to keep the rate unchanged. Stephen Miran, appointed by Trump to the Fed’s governing board in September, voted for a bigger cut – in line with what the president demands.

Tuesday’s report shows that “the labor market remains weak, but the pace of deterioration probably is too slow to spur the (Fed) to ease again in January,” Samuel Tombs, chief U.S. economist at Pantheon Macroeconimics, wrote in a commentary. The Fed holds its next policy meeting Jan. 27-28.

Because of the government shutdown, the Labor Department did not release its jobs reports for September, October and November on time.

It finally put out the September jobs report on Nov. 20, seven weeks late. It published some of the October data – including a count of the jobs created that month by businesses, nonprofits and government agencies – along with the November report Tuesday. But it did not release an unemployment rate for October because it could not calculate the number during the shutdown.



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