It’s the early 1960s. In Maranello, Italy, Enzo Ferrari has made a name for himself building the most exotic road cars in the world. But when a dissatisfied customer named Ferruccio Lamborghini shows up to complain about his Ferrari’s busted clutch, Enzo refuses to accept blame, accusing Lamborghini of not knowing how to drive. Lamborghini vows revenge. In 1964, Lamborghini launches its first model, kicking off a rivalry with Ferrari that makes for one of the hottest automotive stories of the 19...
Apr 15, 2019•25 min•Season 17Ep. 1
Bratz. Monster High. Funko. These are the toys that rule the roost in 2019. Veteran toy industry analyst Sean McGowan joins to discuss the big business of toys today, how Hasbro and Mattel can compete, and what’s going on with Lego. You can find new episodes of Business Wars, completely ad-free, only on Stitcher Premium . For a free month of Stitcher Premium, go to stitcherpremium.com/wondery and use promo code WONDERY. Support us by supporting our sponsors! See Privacy Policy at https://art19.c...
Apr 10, 2019•31 min•Season 16Ep. 7
With the world plugging into the Internet, toys are under pressure. Kids are swapping plastic play for screen-based entertainment and both Mattel and Hasbro need to adapt. The question is: how? Mattel’s also finding out the hard way that Barbie’s reign as the queen of dolls is no longer secure. Challengers to her throne are emerging and the first strike against the dream doll comes not from Hasbro, but from within its own offices. You can find new episodes of Business Wars, completely ad-free, o...
Apr 08, 2019•29 min•Season 16Ep. 6
A few months ago, Mattel’s revenues were just fifty million dollars behind Hasbro’s. But now that Hasbro’s swallowed Tonka—the classic maker of Nerf, Play-Doh, and Monopoly—Mattel is half a billion dollars behind, and CEO John Amerman isn’t happy about it. Ever since Hasbro turned British fashion doll Sindy into a Barbie lookalike, the two toymakers have been at war. Now Amerman is looking to make a couple strategic acquisitions: one to put Mattel back in pole position, and the other, to spite H...
Apr 03, 2019•24 min•Season 16Ep. 5
It’s the early 1980s and things are not looking good for Hasbro. The company hasn’t had a hit since Hungry Hungry Hippos; its founding CEO Merrill Hassenfeld has just died; now Star Wars dolls have just about gobbled up the entire action figure market. Hasbro needs to deliver a toy capable of taking on the Star Wars dolls, or else the company risks losing its only source of stable income, the family pencil factory. But Hasbro’s not the only toymaker plotting to take on Star Wars. Three thousand ...
Apr 01, 2019•24 min•Season 16Ep. 4
Sizzlers, Mattel’s new motorized Hot Wheels, were supposed to be the top toy this Christmas. But sales have fizzled, leaving Mattel $30 million below target. For the last ten years, Mattel’s done exceptionally well by its investors, but now the toymaker is facing a stock price collapse. To keep up appearances, Mattel starts cooking its books—but the move may end up costing CEO Ruth Handler the company. Elsewhere in Toyland, Hasbro’s facing an uncertain future. Kids are turning their backs on G.I...
Mar 27, 2019•24 min•Season 16Ep. 3
It’s the 1960s and Hasbro is struggling. The pencil manufacturer turned toymaker hasn’t had a major success since Mr. Potato Head hit the shelves in 1952, and it’s starting to lose money. If the company doesn’t act fast, it’ll be headed for bankruptcy in no time. Mattel’s “accessories sold separately” approach to Barbie has revolutionized the industry. Now Hasbro’s toymakers hope to replicate her success with a doll of their own—for boys. But first, they’ll have to get the green light from CEO M...
Mar 25, 2019•24 min•Season 16Ep. 2
It’s the late 1940s and two small toymakers are taking their first uneasy steps. The names of these young hopefuls are Hasbro and Mattel. One’s an offshoot of a pencil manufacturer. The other a husband-and-wife garage start-up. But toy-mayking, they soon discover, is an unexpectedly cutthroat business. If either of these companies hopes to survive--let alone succeed--they’re going to need to get creative. Disrupting the embedded and experienced kingpins of Toyland, will require them to take chan...
Mar 20, 2019•25 min•Season 16Ep. 1
Mike Pesca, Slate, joins to talk about the biggest risks facing the NFL, whether the Patriots are good or bad for the league, and what our culture would look like if football never took off as a professional sport in the first place. Plus, he talks about his latest book, Upon Further Review: The Greatest What Ifs in Sports History . Hear more from Mike on his daily podcast, The Gist . Support us by supporting our sponsors! See Privacy Policy at https://art19.com/privacy and California Privacy No...
Feb 25, 2019•29 min•Season 15Ep. 7
The battle between the NFL and the USFL finally comes to a head. Donald Trump has bullied his way to the top of the USFL and pressured his league into suing the NFL for violating the Sherman Antitrust Act. But the NFL Commissioner Pete Rozelle is not about to back down. If the NFL settles now, they’ll be opening the floodgates to a slew of new competitors, and costly trials the league can’t afford. The only course of action? Dismantle the USFL so completely that no one even thinks to challenge t...
Feb 20, 2019•24 min•Season 15Ep. 6
For nearly two full years, the mighty NFL sat idly by as the upstart USFL tried to chip away at its status, talent, and reputation as the most powerful sports league on the planet. Now, the NFL is ready to settle the score, once and for all. The league commissions a Harvard professor to prepare meticulous, 46-page step-by-step plan intended to squash the USFL in its tracks. Commissioner Pete Rozelle prepares himself for battle—but the battle comes sooner than expected. The USFL files an antitrus...
Feb 18, 2019•25 min•Season 15Ep. 5
Description: It’s 1984, and at USFL franchise offices across the country, multi-million dollar contracts are flowing like Gatorade. As the United States Football League prepares for kickoff on its second season, owners race to recruit the best college players, and steal the stars from NFL rosters. Initially, the NFL dismissed the new league as a sideshow stunt. But the USFL’s spending spree has caught the full attention of the veteran league--which is exactly what New Jersey Generals owner Donal...
Feb 13, 2019•22 min•Season 15Ep. 4
By most measures, the USFL’s debut season is a success. The games post solid numbers--in both ticket sales and television ratings--offering undeniable proof that there’s an audience for professional spring football. Still, the league is hemorrhaging money. At a post-season meeting, the twelve franchise owners vote on what to do with their fumbling investments. Eleven of the owners decide to stay the course, and even expand the league to bring in more capital, but the owner of the New Jersey Gene...
Feb 11, 2019•22 min•Season 15Ep. 3
Description: The NFL has faced rival leagues in the past, and routinely squashed them without breaking so much as a sweat. The NFL’s powerful commissioner, Pete Rozelle, assumes the USFL will be no different. He sees the rival league as a joke. A blip on the radar. But then the new league does something no one saw coming: it signs University of Georgia junior Herschel Walker, the biggest star in college football. When Walker signs with the USFL’s New Jersey Generals, he leaves more than his coll...
Feb 06, 2019•22 min•Season 15Ep. 2
For years, David Dixon has been trying to convince the National Football League to launch an expansion team in New Orleans, but he always comes up empty-handed. Finally, after one too many letdowns, Dixon realizes his only hope for a hometown team is to start his own football league. Unlike the NFL, his league — the United States Football League — will play its games in the spring, and boast rosters full of hometown heroes from regional colleges. Fans and investors seem to love the idea. But jus...
Feb 04, 2019•25 min•Season 15Ep. 1
Egg McMuffins, Croissan’wiches and coffee. Today’s fast food fight is all about breakfast time. Wall Street Journal reporter Julie Jargon joins to talk about where Burger King and McDonald’s are headed, the rise of eating at home, and how fast-casual chains are taking a bite out of the market. Support us by supporting our sponsors! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info ....
Jan 28, 2019•23 min•Season 14Ep. 7
It’s a new century and times are tough for the burger giants. Burger King’s in a rut and McDonald’s is about to report its first loss in nearly 40 years. Both brands need to reinvent themselves fast. But can they come up with strategies robust enough to shake off the coming economic crisis? Support us by supporting our sponsors! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info ....
Jan 23, 2019•24 min•Season 14Ep. 6
Burger King is under pressure. McDonald’s is wowing the nation with a new way to eat chicken and Wendy’s is quickly closing in on the number two fast food spot. Backed into a corner, Burger King prepares to bite back with an ad campaign attacking its rivals directly. The heat is on and the burger wars are about to get dirty. It’s a game of kitchen chicken. The only question is who will blink first. Support us by supporting our sponsors! See Privacy Policy at https://art19.com/privacy and Califor...
Jan 21, 2019•26 min•Season 14Ep. 5
It’s the 1970s, and the burger barons are turning to TV advertising to propel profits skyward. McDonald’s is betting that a little song and dance can give it the competitive edge, but Burger King is stepping up their ads as well: debuting a killer new slogan that’s sure to set it on a collision course with Burger Chef. And while the fast food wars continue to escalate at home, McDonald’s starts to set its sights abroad. Support us by supporting our sponsors! See Privacy Policy at https://art19.c...
Jan 16, 2019•24 min•Season 14Ep. 4
By the mid-1960s, Americans have developed a taste for fast, delicious, affordable food — and they’re demanding more. U.S. fast food franchises — McDonald’s, Burger King and Burger Chef — know that if they want to feed America and win the burger wars, they’re going to have to grow. But Wall Street is still reluctant to invest in a bunch of burger chains. And Ray Kroc is about to learn firsthand that those who can’t stand the heat need to be forced out of the kitchen. Support us by supporting our...
Jan 14, 2019•23 min•Season 14Ep. 3
It’s the late 1950s and fry cooks are flipping as fast as they can. But McDonald’s and Insta-Burger King’s desire for national success far outstrips their ability to deliver. It’s not enough to just make a better burger: bad contracts, bad equipment, limited capital and investors who don’t believe in 15-cent burgers threaten to stop the race in its tracks. Ray Kroc believes that he has the answers but to beat Insta-Burger King and a new aggressive competitor from Indiana, he has to get out from ...
Jan 09, 2019•25 min•Season 14Ep. 2
It’s 1948, and somewhere around the edge of the Mojave Desert, a drive-in restaurant is making waves. It's called McDonald’s and it’s like no burger joint anyone’s seen before—a carhop-free eatery with lightning fast service, and shockingly low prices. But McDonald’s proprietors aren’t dreaming as big as the entrepreneurs traveling to California to see their groundbreaking restaurant. And for would-be burger king Keith Cramer and milkshake machine salesman Ray Kroc, that’s a golden opportunity. ...
Jan 07, 2019•24 min•Season 14Ep. 1
Mardiros Iskenderian was known for two things: the unbelievable generosity he showed to the Armenian community, and the deep love he expressed for his family—particularly for his mother, whom he treated like a queen. So why did Mardiros try to cut his sisters out of the family business? What drove him to register the Zankou Chicken trademark solely under his own name? And how could a simple business re-arrangement among a loving, growing clan end in murder? Support us by supporting our sponsors!...
Dec 20, 2018•28 min•Season 13Ep. 2
It’s January 14th, 2003, and 56-year-old Mardiros Iskenderian, the founder of the family-owned chain of rotisserie restaurants Zankou Chicken, is leaving the house for the first time in months. Twenty years ago, the Iskenderians transplanted their business from war-torn Beirut to sunny Los Angeles, where it blossomed into a California institution. But today, Mardiros is battling cancer—and losing. He kisses his wife Rita and heads for the door. It’ll be the last time she’ll see him alive. Suppor...
Dec 18, 2018•21 min•Season 13Ep. 1
Microsoft has officially won the battle against Netscape, but for Bill Gates, the browser war is far from over. The federal government has filed an antitrust lawsuit against Microsoft, and called Gates to Washington, D.C. for questioning. Hotshot prosecutor David Boies aims to show that Microsoft used its monopoly on PC operating systems to drive Netscape out of business. The case has the potential to bring down the software giant once and for all. And the televised drama of a smooth-talking law...
Dec 13, 2018•25 min•Season 12Ep. 6
To compete with Netscape, Bill Gates is forced to do the one thing he hates most: give tech away for free. He bundles Internet Explorer with Windows, effectively making his browser ubiquitous--and Netscape’s redundant. Suddenly, Netscape, the company that launched the dot-com boom and shattered records with its IPO, finds itself on life support. But the battle isn’t over. Attorney General Janet Reno has been watching Microsoft snuff out the competition, and she’s about to make life hell for Bill...
Dec 11, 2018•26 min•Season 12Ep. 5
It’s summer 1995, and Bill Gates is worried about the sudden rise of the Internet. In the world of computers, Gates is used to being in the driver’s seat. Now it seems he’s not even in the car. Marc Andreessen has just launched the latest version of Netscape Navigator. It’s faster and more stable than the last version, and still, inexplicably, free. The Internet is a massive success, certain to work its way into every person’s life, but as Gates pokes around he can’t find a single Microsoft fi...
Dec 06, 2018•23 min•Season 12Ep. 4
It’s 1974, and a young programmer named Paul Allen has just caught a glimpse of the world’s first personal computer, the Altair 8800. It has the potential to change the computing landscape forever — but it doesn’t yet have an operating system. Altair’s developers sank every dollar they had into its hardware, banking that someone else would figure out how to make their machine run. Now programmers are racing to develop an operating system and deliver it to the company’s headquarters in New Mexico...
Dec 04, 2018•23 min•Season 12Ep. 3
Two disgruntled tech whizzes, Jim Clark and Marc Andreessen, join forces to exact revenge on the companies that wronged them, building a browser so fast and powerful that it wipes their competitors off the face of the web. In private, they call it a “Mosaic Killer,” but in public, it’s called “Netscape Navigator.” The launch of their new browser will mark the beginning of a new era in computing, the birth of a new economy based on the web, and the moment Microsoft put a target on their backs. Su...
Nov 29, 2018•20 min•Season 12Ep. 2
It’s 1992, and in the basement of the chemistry building at the University of Illinois at Urbana-Champaign, two computer science students are working on a new web browser. Up to this point, browsing has made up less than one percent of all internet traffic, but Marc Andreessen and Eric Bina are about to change all that. Fueled by a combination of Pepperidge Farm cookies, Skittles and hubris, Andreessen and Bina emerge from the basement with Mosaic, the user-friendly web browser that will popular...
Nov 27, 2018•22 min•Season 12Ep. 1