Ratings & reviews are useless for wine and movie recommendations, so Netflix killed them and embraced Big Data

March 23, 2021

This is #5 in Wine Industry Insight’s in-depth series about the quest for the Netflix of wine Article #1: How A Netflix-Style Recommender Is Vital to Reversing Wine’s Market Marginalization Article #2: Why solving the “Paradox of Choice” is a major reason Netflix’s recommender is worth $1 Bil/yr. And why wine fails at that. Article […]

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Canadian SPAC punts on pot, pivots to premium US wine in last-minute hunt for quality. (Then becomes US citizen!)

March 7, 2021

By Lewis Perdue Publisher, Executive Editor, Wine Industry Insight In December 2020, a $360 million cannabis-oriented Canadian (SPAC) sponsored by a combination of US and London-based executives had looked at (and rejected) more than 100 companies. As the game clock ran down toward the SPAC equivalent of a two-minute warning, the team realized it needed […]

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A close look at the Vintage Wine Estate acquisition path that’s led to its upcoming public offering

February 28, 2021

The $690 million (ESG) public offering of Vintage Wine Estates could be an escape hatch for winery owners who would like to sell out for reasons of succession, regulatory hassles, distributor barriers to DTC, wholesaler consolidations and other hassles which have made owning a winery less than satisfying. There are 11,000+ wineries in the United […]

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Duckhorn Portfolio files for an estimated $300 million IPO | WINE EXECUTIVE NEWS | February 24, 2020

February 24, 2021

Duckhorn files for an estimated $300 million IPO The Duckhorn S-1 filing is at this link: NEWS RELEASE Published – Feb 23, 2021 5:50PM EST  The Duckhorn Portfolio, which produces and distributes luxury wine in North America, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. However, this […]

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Ohio State Attorney General Has Commanding Lead In Direct Shipping Litigation Tournament 4-2-1

December 15, 2020

The Ohio State Attorney General (AG) has a commanding lead in the Direct Shipping legal tournament he started in July against seven companies. Currently, The AG has racked up four clear victories, two game delays, and one contender who decided to fight on. Charged with illegally shipping alcoholic beverages in the July 8, 2020 complaint […]

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Winc falls way short of being “The Netflix of Wine” when it comes to customer retention

November 24, 2020

 Previous Coverage Winc the Netflix of wine? (Nope) Winc raises $3+ million in latest offering, but fails to disclose federal court case brought against it by state of Ohio Netflix has become the global gold standard for retention with most estimates showing it holding on to 93% of subscribers. As noted in our previous article: […]

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Winc raises $3+ million in latest offering, but fails to disclose federal court case brought against it by state of Ohio

November 5, 2020

Winc says it raised more than $3 million by late October as part of their $17 million investor solicitation despite making no mention in its Offering Circular of the Federal Court lawsuit brought against it by the Ohio State Attorney General. The lawsuit was brought on July 8 in U.S. District Court for the Southern […]

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Former Long Island Liquor Distributor Sentenced to 24 Months in Prison for Defrauding Investors in Single-Serving Wine Product Featured on Shark Tank

October 12, 2020

Original Court Documents for Premium Wine Executive News Subscribers are available at the end of this article. Note: The company, Copa di Vino has not been accused of illegal conduct   Defendant Stole More Than $500,000 from Investors to Fund His Securities Trading Account and Satisfy Mortgage on a Florida Home Earlier today, in federal […]

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