Fortune – The ultimate guide to financial growth
Fortune, one of the most prestigious American business magazines, was founded by Henry Luce in 1929. The magazine is published globally by Time Inc. Fortune covers the entire field of business, including specific companies and business trends, tech innovation prominent business leaders, and new ideas shaping the global marketplace. Fortune is best known for its exceptionally reliable annual rankings of companies. Fortune furthers understanding of the economy, provides implementable business strategy, and gives you the practical knowledge you need to maximize your own success. In the latest issue of Fortune magazine, know how to make a profit in the new Hollywood. The article reveals that hit sequels like Jurassic World and Star Wars: The Force Awakens helped push Hollywood’s global box office to a record $38 billion in 2015. But the industry faces troubling trends: It’s struggling to produce human-scale movies that break the action-sequel mold — and when it does make them, they often don’t make money. Studio heads know they eventually need to lead in digital or risk losing out to another screenbased center of gravity, the one in Silicon Valley. Also, get to know about the billionaire behind Walgreens' quest for global dominance. Stefano Pessina took control of the drugstore chain using its own money. Now he’s squaring off with CVS. Can a brilliant dealmaker become a killer retailer? Read the article in this issue of Fortune to know more. The cover story 'Silicon Valley’s $585 Billion Problem' reveals that VCs have pumped up the value of the “unicorn” startups. Now tech IPOs are in trouble. Of all the Silicon Valley IPOs in the past couple of years, Lending Club’s might have been the surest bet of all. The San Francisco peer-to-peer lender is a star in the world of “fintech,” a growing sector made up of financial technology companies bent on disrupting the traditional banking
sector. Lending Club’s stock peaked about a week after its IPO, at nearly $26 a share, and has been retreating ever since. Time and time again during the current IPO cycle, Wall Street underwriters—egged on by ambitious CEOs, hungry venture capitalists, and favored institutional investors—have hyped one technology IPO after another. The bankers price the offerings for perfection, watch them soar on the first day of trading to deliver the coveted first-day spike, and don’t stick around to offer an explanation after the shares plunge below the first-day price. Fortune digital magazine is available on all digital newsstands like Apple, Magzter, Google, Amazon, etc. Digital magazines have gained immense popularity as people have migrated towards smart devices for all their needs. Digital magazines can be read on iPad, iPhone, Android devices devices and on the web. Fortune digital magazine's annual subscription is available at a huge discounted price on digital newsstands like Magzter. About the Author Fortune is the ultimate guide to financial growth. Visit the Fortune magazine subscription at magzter.com, and Subscribe and read Fortune magazine on your Smart Devices and Web!