to understand what might have gone wrong, we spoke to rob mcmillan, one of the top wine business analysts the country. >> the industry is certainly flat on sales. the fine wine industry is doing a little better. the lower priced wine that's certainly struggling. >> mcmillan believes a generation shift is also impacting sales. >> the younger generation is not drinking wine like the older generation. in a statement, vintage wine estates said they're pursuing the sale of all or substantially all of the company's assets and added in part, vw expects commercial operations to continue largely business as usual and we look forward to serving our customers during this period of transition, according to multiple experts, the wine industry is facing a global crisis. >> winemaker patrick cappiello is seeing it. >> traditionally, this time of year, i would do almost twice the amount of wine that's that's producing year. >> he believes the pandemic, a younger generation discovering wine later in life, and the boomer generation might be playing a role. >> people that have been the main driver behind wi

mcmillan hachette, all of those corporate publishers distribute other small publishers. and when they do that, not only they bring the data for that book into, their systems, they bring the books into warehouses and they a sales team that is actively selling those titles. so that's the difference between small d passive distribution and, big d, full sales or active distribution? what's your on the impact of i on publishing? right. so this is a very topic. i just came from the us book show, which was yesterday and it was first thing that we discuss at the book show and i've actually on in a couple of times at conferences in the past few months, there's a lot of fear. there always is when technology evolves and essentially what this is, this is an evolution of technology. you know, it's a rapidly evolving. so there are two different pieces of it. one is generative, ai that's when l looms or large language models are being taught essentially to output based on material. and the concern for publishers from a copyright perspective of is that they're copyright advantage either

to understand what might have gone wrong, we spoke to rob mcmillan, one of the top wine business analystssales. the fine wine industry is doing a little better. the lower priced wine that's certainly struggling. >> mcmillan believes a generation shift is also impacting sales. >> the younger generation is not drinking wine like the older generation. in a statement, vintage wine estates said they're pursuing the sale of all or substantially all of the company's assets and added in part, vw expects commercial operations to continue largely business as usual and we look forward to serving our customers during this period of transition. >> according to multiple experts, the wine industry is facing a global crisis. winemaker patrick cappiello is seeing it. >> traditionally, this time of year, i would do almost twice the amount of wine that's that's producing here. >> he believes the pandemic a younger generation discovering wine later in life, and the boomer generation might be playing a role. >> people that have been the main driver behind wine consumption, and they are starting to pull back,

i think gays visual mcmillan shown is going to be one of the people, one of the, populated for macro, and is going to have to take to, to see how they work out how to pay them with open batteries. very little level between math chrome and melanie shown melons one is already said, i'm not from was bound to what the people have said the point. and you can't do the phone a something, but it's going to be a very challenging period. these, these by different policies, by the influence, say what kept together 5 desire to stop there. not for raleigh, the fall, right? getting into the power. so these are these left the very little in common. so it will be tricky negotiation, right? so 2 me potentially difficulties in terms of those negotiations going forward, but it's the same service. thank you very much. now speaking in the last, all the to support is at the national riley headquarters, nita jordan, but they're listen phones is being thrown into the hands of the fall left are pretty they, they mean the on the call say i am saying tonight we have deprived millions of french people to see the

mary la pad, whose party is currently leading the election race with almost 34 percent of all john mcmillan's sons left wing colors and his drawing in seconds was 28 percent. so meanwhile, the french prime minister has warned up a pens, party winning an outright majority to south africa. now, where a president, so around a pose that has established his new cabinet, administers, especially for him to call us and government sees top seats shared between the african national congress. the democratic alliance and the number of other opposition parties. in a televised speech, the nation's leader held this as an unprecedented form of democracy, this sub basement of the government of national unity. and it's covered in full. this is unprecedented in the history of our democracy. we have had to consider how to form the new government in a manner that advances the nation of interest that also gives due consideration to the outcome of the election. and that makes use of the respective capabilities with it. each of the parties represented the president puts emphasis on unprecedented because this adminis

imprisoned in 2002 for being a member of the armed wing of the palestinian group, fucked off honey. mcmillan's reports from gaza. each use of net dad has a spend to 21 years in multiple is really jails. now 63, he walks with his grandson, one till earlier this week he had never met. on monday, he was of was released back into the gaza strip. he describes the moment after his very forces remote into the blindfold, dropped him off on a dusty street. and told him to start walking with the hedge into the deluxe should with the modem, i shouldn't have seen but destruction. when i was released, i didn't even see people any except this don't to found me in the street in cold. my family was very emotional when i sold them, i cried because of those who killed and wounded and those living on the streets because they have nothing including my wife and children. then we don't even have a time to leave and have a look at my house next door to say i use it as a greeted by friends and those who have come to pay their respect. some were not even born. when is really forces to pay my way more than 2 decades ag

assassination cast donald trump and the role of fighting patriot, rumblings about the president's mcmillanphysical abilities were growing until on sunday afternoon he quit the race, that left biden's reelection campaign leaderless. democrats were in complete disarray. then miraculously, the democrats settled on a single replacement candidate, kamala harris. the money was flooding in. all doubts were suppressed. no challenges. this coronation, the installation of kamala harris is an old-fashioned backroom deal to put a san francisco liberal in the white house. may not go down with investors. democrats didn't get an open discussion to find the best candidate. harris has been coordinated without a contest. they may not all agree with harris's radical ideas, there are some centrists in the party, do they want to go forward with a green new deal huge tax increases electric vehicle mandates and massive unsustainable debt. they want that? in her first public speech since biden stepped aside, she attacked donald trump in a personal way. is that the way to go? as a prosecutor in california she said

the quartet ofjames guy, jack mcmillan, kieran bird and tom dean set a time ofjust over seven minutesmfortably make it through. the british men's hockey team remain undefeated but only just. they were trailing 2—0 against top seeds the netherlands with just eight minutes to play. but team gb snatched a draw with two late goals, both from lee morton to make it one win and two draws from their first three pool matches. will tonight be the final chapter in andy murray's career — or is there still a story to tell? he's due on court with partner dan evans in the next hour — in the last 16 of the men's doubles. gb�*s hopes in the singles event is over though. jack draper was beaten in three sets against the seventh seed taylor fritz. the american eventually coming through after two hours on court in temperatures of over 30 degrees. away from the olympics — there has been british tennis success in washington. emma raducanu fought offjetlag to beat belgium's elise mertens in three sets in the opening round of the dc open. the win — which was raducanu's first since losing in the last 16 of wim

tracy mcmillan joins me live now. obviously i'm a money guy. measurements and numbers and calculations help people understand what are otherwise abstract ideas, which i think was your goal here. the idea that the cost of race, the cost of not being white or the benefit of being white are all tied to something that's tangible, and you were trying to express that. >> yeah, for me i really felt like i wanted to understand what exactly do i get for being white? i think sometimes when white folks are confronted this idea of privilege, they say, well, what did i ever get for being white, especially if we're not people with a lot of money. for me it felt like a really worthwhile exercise to say, all right, let's just get down to brass tacks and see if we can put a number on it. >> let's talk about what some of these things are you put a number on. i want to take something, not from your book, but it's from 2022, "the new york times" did an article about a black couple who got a different home value when the appraiser believed they were white. now, thi

brandon: i'm brandon mcmillan and for 7 years i had the (♪♪) amazing job of finding new forever families

joining us is the ceo of mcmillan publishing, good to have you here.me tips for parents, kit be hard to encourage kids instead of picking up a phone or a video game to pick up a good book. >> absolutely, thanks for having me here today. great to be talking about reading, reading is a foundational skill, it teaches them, you know, independent thought and that's super important for them. we can model good reading behavior. most importantly, make it fun, figure out ways to make reading fun. >> to that point, making reading fun, how do we do that? some friends to this day i hate picking up books, they dread it, how can adult parents make it something enjoyable. >> absolutely, i think the first thing is, no matter what your kid, what's the right book to give to your kid? the right book is the book the kid want. let's pack a lunch and go to the park and let's all read. >> yeah, i love that idea of making it kind of an outing and more special. the pandemic had a devastating impact on reading in schools, assessments showed that children aren't as advanced, wha

tracy mcmillan of wells fargo, and veronica clark of citi. a market that we still see is fairly constructive. we believe the equity market rally can continue to trudge higher. >> these handful of names heavily masked everything. markets don't have to stay at the highest. >> you look below the surface, markets are only doing ok. >> it just feels like there are very few bulls out there, everybody who comes on has kind of embarrassed tone to them and the markets don't really start that way. >> there is an unprecedentedly wide range of outcomes possible so no longer can we think about investing around a central base case. announcer: this is "bloomberg serveillance" with jonathan ferro, lisa abramowicz and annmarie hordern. jonathan: third hour of bloomberg surveillance starts right now. looking ahead today two, the chairman understands the trade-offs have shifted. that's important. now they need to tf. i don't think anyone has expected that a little bit later this morning. lisa: he's not going to come on and say september is on. up is up. we did

jack mcmillan kieran burr. they've got to pick a team of four from six. but they're so good.ts today, the olympic champion in the freestyle bmx biking, one of the more unusual sports, if you like, >> charlotte worthington. she got knocked out, sadly, but her team—mate kieran riley's through. >> and it was a brilliant performance in the men's hockey, >> where the brits held or came back from two nil down to hold the world number one and top seeds, the netherlands. and i think there's going to be certainly a medal of some colour for britain in the hockey, but all looking good. a lot of strong stuff to come, >> we're climbing up that medal table, looking at france above us at the moment. >> but don't worry about that. >> but don't worry about that. >> they'll be reading them in sooi'i. 500“. >> soon. >> thank you chris, and we'll see you again tomorrow for more of the same. an update from paris. of the same. an update from pans.thank of the same. an update from paris. thank you. now we're now seeing live shots in southport, where a vigil will take place for the victims of the ho

so yes, a week in politics, i think mcmillan may have said it. maybe harold wilson.e british prime ministers from the 1960s said it, that in politics, a week is a lifetime and you got 110 days. so many things can happen. so many things will happen. that said, show me any candidate from any year running for any position where he gets to the general election and two-thirds of his own party do not want him to run. i don't care if it's joe biden in 2024. i don't care if it's joe scarborough in, like, 1996, if it's a mayor running in 2014. that candidate is going to lose. those are numbers you just can't get past, mika. >> what you've just said, joe, this goes back to the point that you made a week ago, perhaps more in that the dems need to get it together. they really need to get whatever they've got going, going. whatever it is, the problem should not be our candidate. the focus should be on donald trump. you know, it may or may not be joe biden. i trust joe biden's abilities. i also trust nancy pelosi's political acumen. nobody knows politics more than her, and nobody