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About Stecyk

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  • Connection to/interest in ballet** (Please describe. Examples: fan, teacher, dancer, writer, avid balletgoer)
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  1. The harsh reality is that the affected ballet dancers don't care what you, I, or any other Ballet Alert member thinks about the stupidity or intelligence of France's government. At present, their backs are against the wall. When they leave ballet and start new careers, they are often paid poorly because they are starting from the bottom. As highlighted by Mr. Carniato, he needs every extra dollar to supplement his new earnings to help make ends meet. Please see Prime Minister Édouard Philippe's quote, shown below, from the same Wall Street Journal article mentioned in the opening post.
  2. Indeed, this situation is challenging for the dancers. The article discusses Mr. Carniato, who is 41. Having danced from the age of 6, his body is beginning to fail him. He had hoped to retire next year and begin teaching. Salaries for new teachers, however, are just above minimum wage and are at about half his €2,500 month salary at POB. He was counting on his pension of about €1,000 to help make ends meet.
  3. The Wall Street Journal: "Macron’s Stiff Opposition in Pension Battle: Angry Ballerinas: In a tutu at 62? France wants to add 20 years to the age dancers can claim their retirement pay" (subscription required)
  4. Many different industries share similar business models. For example, the oil industry and pharmaceutical industry are very similar. High capital and high uncertainty. With regard to cosmetics and pharmaceuticals, dirac got it right in a prior post. As far as the target audience, those that can afford and appreciate the product. Full stop.
  5. Estée Lauder is a prestige brand. If you go to the Estée Lauder website and look at its fragrances, I think you'll agree that the price points are rich for "typical" poor teenagers. And, when we go to ballet performances, most attendees are not poor teenagers. Indeed, many appear to be reasonably affluent, the very market that EL is targeting. Companies tend to pick spokespeople who are young, attractive, and well-spoken. It helps when they possess a strong media presence. Those affluent ballet goers appreciate having young, attractive, well-spoken people market goods and services to them.
  6. Well said, Helene. All these things cost money. One can look at pharmaceuticals too. The actual drug itself might be inexpensive. But that doesn't account for all the costs incurred to develop the drug. If you look at publicly traded companies, very few earn outrageous rates of return. When they do, they attract competition, which then destroys the excessive rate of return. The same applies to the fragrance industry. If excessive returns were being generated easily, venture capitalists would flock to the industry and new companies would be formed overnight. Scrappy companies happen all the tim
  7. For many people, even if ballet performances were free to attend, they would be overpriced, regardless of their actual cost of production. Cost of production is irrelevant to value. Which fragrance companies are earning excessive rates of return? If it is so outrageously profitable, then why isn't every company engaged in producing fragrances? Are new companies being formed right, left, and center to capture all these easy profits?
  8. Neil Munshi of the Financial Times wrote an interesting article "Poetry and motion: Mikhail Baryshnikov on Joseph Brodsky." Unfortunately, the article is likely behind a paywall. Perhaps you can read through a library subscription. The article is dated 3/17/17. This interview sets up Mikhail Baryshnikov for his performance in the UK premiere of “Brodsky/Baryshnikov”, Apollo Theatre, May 3—6.
  9. Drew, you wrote a wonderful response. Thank you for sharing your thoughts. While I lack the ballet knowledge and experience of most everyone who participates in this forum, I enjoyed watching Alexandrova's performances on-screen. She was one of the few dancers that I followed reasonably closely. Like you, Drew, I hope great things await her.
  10. I believe Maria Alexandrova has announced her retirement. Although I don't read Russia, I used Facebook's translate feature to interpret her message with her picture. She's a beautiful person and dancer. If I am mistaken, I look forward to being corrected. Actually, there is an English portion of her message that I skipped.
  11. New York Times (subscription might be required): The Rise and Rise of Misty Copeland. I believe the online version was available on December 19, 2015. A version of this article appears in print on December 20, 2015, on page ST12 of the New York edition with the headline: Misty Copeland Takes Flight.
  12. BloombergBusiness: The Banker and Ballerina: How Goldman Partner Waltzed Misty. Congratulations to Misty!
  13. Thank you Kathleen for providing the link. The Wall Street Journal has an article, "Misty Copeland’s Possible Promotion at American Ballet Theatre Is Talk of Dance World," in its New York Culture section. A subscription might be required to view the article. (Please see next entry by Sandik, who mentions that this topic is being covered elsewhere.)
  14. The Telegraph: Misty Copeland: meet the ballerina who rewrote the rules of colour, class and curves. For those interested, please follow the link to read the complete article.
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