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Loneliness Crisis Being Faced by Older Americans: AmeriCorps Seniors Believes Volunteering Fosters Connections and Conquers Loneliness

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/dcH7-VsQaYQ Older adults are especially vulnerable to loneliness and social isolation, which can have a serious effect on health, according to a recent report issued by the U.S. Surgeon General. Chronic loneliness (persistent feelings of isolation and/or a lack of companionship) can adversely affect mental, cognitive, and physical health, general well-being and even longevity. However, there are ways to overcome loneliness and volunteering might be the answer. AmeriCorps Seniors is helping older adults form connections in their community, provide purpose and improve their lives through volunteering. After two years of volunteering with AmeriCorps Seniors, 78% of those who reported more than five symptoms of depression at the beginning of the study said that they felt less depressed two years later. Of those who first described a lack of companionship, 88% said they felt less isolated after two years. AmeriCorps is the federal agency for national service and volunteerism. AmeriCorps Seniors focuses on engaging adults ages 55 and up in service in their local communities. Through three signature programs, RSVP, the Foster Grandparent Program and the Senior Companion Program, AmeriCorps Seniors provides a space for older adults to take charge of this moment in life and use their time in impactful ways. Each year, AmeriCorps Seniors matches more than 140,000 Americans with service opportunities. For example, Shelley Brosnan, a volunteer with AmeriCorps Seniors RSVP through Volunteer Fairfax, Fairfax, Va., said, “Giving back is so very important. I’ve been volunteering for most of my adult life. Volunteering allows me to connect with my community and make it a better place. I also love the social aspects and meeting people who share my interests. We have a chance to help others and form new relationships, which has grown my social circle.” RSVP offers flexible scheduling and a diverse mix of opportunities. The Foster Grandparent Program pairs volunteers with children and youth in mentoring and tutoring relationships. Lastly, the Senior Companion Program provides a helping hand to other older adults and those with disabilities. They also support caregivers through respite services. For more information and to find volunteer opportunities near you, visit AMERICORPS.GOV/YOURMOMENT. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 07, 2024 12:06 PM Eastern Daylight Time

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Comcast Announces Live American Sign Language Interpreting Services at Eight Bay Area Xfinity Store Locations

Comcast California

As part of its ongoing commitment to digital inclusion and accessibility, Comcast today announced the availability of live American Sign Language (ASL) interpreting services at eight Xfinity Store Locations in the Greater Bay Area. Customers who need ASL support can stop into any of the select Bay Area Xfinity Stores, where representatives will utilize ASL Video Remote Interpreting (VRI) to access a live interpreter provided by partner, Communication Service for the Deaf (CSD). The Retail Associate simply taps the app on the store iPad and is connected in moments via video to a live interpreter who can translate from ASL to English and vice versa as the customer and Associate converse. “We’re proud to deliver an inclusive service solution that will help more customers better interact and engage with Retail Associates representing our Xfinity Products and Services, to provide them with a much better in-store experience,” said Thomas Wlodkowski, Comcast Vice President for Accessibility. “I’m also grateful to our partners in California — who are helping to close the digital divide for more members of our disabled community by working with us on a variety of digital equity initiatives.” Comcast launched the ASL VRI service as a pilot in select stores last year; it is the first telecommunications retailer in the country to offer live, on-demand, remote ASL interpreting services in stores to better serve customers. The company is expanding the service to additional stores across the country this year. The eight Xfinity Greater Bay Area stores that offer ASL VRI service include: San Jose: 1068 E. Brokaw Rd. # 50, San Jose, CA 95131 Sunnyvale: 301 W. McKinley Ave. Suite 140, Sunnyvale, CA 94086 San Jose: 1566 Monterey Hwy #20, San Jose, CA 95110 San Jose: 1600 Saratoga Ave., San Jose, CA 95129 Palo Alto: 2825 El Camino Real #100, Palo Alto, CA 94306 Fremont: 43325 Christy St., Fremont, CA 94538 Oakland: 3070 E. 9 th St., Oakland, CA 94601 Dublin: 4104 Grafton St., Dublin, CA 94568 “As part of California School for the Deaf’s mission, we are deeply committed to providing a language rich environment that maximizes communication access in order for our students to lead fulfilling lives,” said Amy Novotny, Superintendent, California School for the Deaf. “Access to technology and connectivity builds confidence and independence, and that’s why we are excited to partner with Comcast on opportunities to close the digital divide for members of our Deaf and hard of hearing community.” The American Community Survey (ACS) estimates that 3.6% of the U.S. population is “deaf or have serious difficulty hearing.” Additionally, according to Pew Research Center, 23% of people with disabilities say they never go online, with 57% saying they do not have a home broadband connection. That’s why, through its Project UP initiative, Comcast is working to address and eliminate the unique barriers to connectivity through a series of efforts, including Internet Essentials, Lift Zones, and skill development and training. In addition to announcing this inclusive retail experience for customers, Comcast donated $60,000 in digital equity grants to community partners, San Francisco LightHouse for the Blind and Visually Impaired, California School for the Deaf, and the World Institute on Disability. These grants aim to broaden the scope of digital inclusion and accessibility to students, families, seniors, and community members. “Assistive technologies are opening doors to greater independence for folks with a range of disabilities,” said Sharon Giovinazzo Chief Executive Officer of the San Francisco LightHouse of the Blind and Visually Impaired. “These innovations truly can level the playing field. Comcast has been a valued partner in delivering technologies and supporting our efforts to promote independence, community, and equity for blind and low vision people.” “Diversity, equity and inclusion are the guiding stars of what we do here at the World Institute on Disability, and it is gratifying to see partners, such as Comcast, who also believe that equity and accessibility go hand-in-hand,” said Marcie Roth, Executive Director and Chief Executive Officer, World Institute on Disability. “Technology continues to evolve rapidly, and we must continue to work together to invest in solutions, which will help support people with disabilities having equal and greater access to products and services in today’s world as well as laying the foundation for greater accessibility for future generations.” About Comcast’s Accessibility Program: For more than a decade, Comcast has invested in making its products, technology, and experiences accessible to the widest possible audience while opening new doors to independence for people with disabilities. These innovations include the Large Button Voice Remote, voted USA Today’s Best Accessible Design remote in 2023, and the Xfinity Adaptive Web Remote. To learn more about Comcast’s groundbreaking accessibility work, visit corporate.comcast.com/accessibility. About Comcast Corporation: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms, we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Calfornia Jon Koriel +1 925-315-2690 jon_koriel@comcast.com Company Website https://california.comcast.com/

June 06, 2024 10:15 AM Pacific Daylight Time

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Legendary House of Bacha Coffee Establishes New Era of Coffee Appreciation

Bacha Coffee

Legendary brand Bacha Coffee enchants coffee drinkers with an exceptional collection of over 200 coffees from 35 of the most consistent and well renowned coffee producing countries around the globe. Renowned for elevating a daily commodity into an extraordinary experience, and revolutionizing the practice of coffee gifting, Bacha Coffee invites you to embark on a sensorial expedition with their selection of loose coffee beans sold by weight, coffee gift boxes, the innovative Coffee Bag collection, gift boxes, coffee accessories and more - all available through their online boutique, BachaCoffee.com. Bacha Coffee traces its origins back to 1910 and the Dar el Bacha, a palace hidden in the heart of the old city in Marrakech, Morocco. Nestled behind the millennia-old walls, a coffee room beckoned, shrouded in whispers of secrecy and graced by the likes of President Franklin D. Roosevelt, UK Prime Minister Winston Churchill, filmmaker Charlie Chaplin, entertainer Josephine Baker and other cultural and political names of the day. Uniting over glittering pots of “coffee of Arabica”, the Bacha Coffee room offered an escape and was a secret oasis known for its style and beauty, but above all, for its coffee. A Passion for Craftsmanship Today, driven by a fervent commitment to excellence and a deep reverence for the art of coffee making, Bacha Coffee is dedicated to preserving the timeless traditions of coffee craftsmanship while embracing innovation to meet the evolving tastes of modern coffee connoisseurs. Bacha Coffee offers a collection of more than 200 meticulously sourced Single-Origin, Fine Blended, Fine Flavoured, and naturally CO₂ Decaffeinated 100% Arabica coffees sourced from 35 countries around the world including Africa, the Arabian Peninsula, Central and South America, the Caribbean, Asia, and beyond. Bacha Coffee’s expertly trained Coffee Masters work with farmers to gather the best and freshest beans and then process them according to age-old traditional methods. Since each variety of coffee requires a different degree of roasting to bring out its unique taste profile, Bacha Coffee Masters hand-roast each harvest individually before gently air cooling them for the best taste and preservation. By sourcing coffee beans from diverse origins, Bacha Coffee celebrates the unique terroir and flavour characteristics of each region, offering customers an authentic taste that makes it a true haven for coffee lovers. Spoilt for Choice Discover the luxury of choice and 100% Arabica in every cup. The coffees available on BachaCoffee.com mirror the extensive list offered in their original boutique in Marrakech and around the world, and invite coffee lovers to venture beyond the familiar to try harvests from unique farms and provenance. Bacha Coffee’s retail selection includes loose beans as well as beautifully packaged coffees and single serve coffee bags. Loose beans can be purchased by weight and ground to the specifications of each customer, from 7 different grind sizes. Consider the sought-after single origin Yirgacheffe Heirloom Coffee, a rare Ethiopian harvest that takes centre stage in the history of coffee. Grown at altitudes of over 6,500 feet above sea level, this unique varietal feature delicate notes of cane sugar, lemongrass, and bergamot. Combining two of the finest coffees in the world, Happy Arabia Coffee is a fine blended coffee that features a delicate acidity and rich flavours of red fruits, chocolate, and caramel. Fans of fine flavoured coffees may indulge in the 1910 Coffee, with aromas of freshly picked wild strawberries and jugs of cream perfect for a balmy summer’s day. Back to “Slow” Coffee What if we finally took the time to enjoy our coffee? Bacha Coffee allows you to indulge your senses by making the perfect, “slow” coffee at home or on the go, without the fuss. Explore over 30 Single Origin and Fine Flavoured coffees in the brand’s exclusive Coffee Bag Collection – individually wrapped, air tight, single-serve pour over coffee bags containing 12g of 100% Arabica each, expertly dosed to ensure a perfectly prepared brew so you only need 3 minutes, a coffee mug and hot water at hand to achieve the perfect pour over. The Explorer Taster box allows you to begin your journey, with a selection of single origin and fine flavoured coffee favourites. A Bespoke Gift Bacha Coffee’s series of elegant accessories and gourmet delights will elevate any coffee brewing, hosting, or drinking ritual. The exclusive, special edition Bacha Coffee x Alessi La Conica Espresso Coffee Pot pays homage to the heritage of Bacha Coffee and the tradition of Italian design and adds a touch of elegance to any table. Bacha Coffee’s selection of gourmet treats, such as Chocolate Covered Coffee Beans, will delight on any occasion. To share the love of coffee, explore artfully curated gift boxes or design your own bespoke hamper according to five sizes and assortments. Each gift includes complimentary gift wrap and a personalised note on Bacha Coffee’s signature gift card and envelope. A World of Discovery The Bacha Coffee online boutique ships internationally to over 40 countries and Bacha Coffees are distributed in luxury hotels, restaurants, and airlines worldwide. Bacha Coffee currently has 22 boutiques across ten countries and regions in Europe, Asia, North Africa, and the Middle East. Discover the world of Bacha Coffee and full range of products via BachaCoffee.com/US. A full press kit with visuals may be accessed here. All credits for images belong to Bacha Coffee. No royalties payable if Bacha Coffee is stated as the source. Additional images are available on request. About Bacha Coffee: Bacha Coffee was founded in Marrakech, Morocco in 1910 in the spectacular Dar el Bacha palace, where the greatest cultural and political minds of the century gathered over glittering pots of freshly brewed Arabica coffee. The original Marrakech location reopened in 2019 and launched its first international outpost in Singapore in the same year. With unique and exclusive Coffee Rooms & Boutiques, Coffee Bars, Travel Retail, and Takeaway concepts, Bacha Coffee has since expanded exponentially across Asia, the Middle East and Europe. Today, Bacha Coffee serves customers in over 40 countries, including online at BachaCoffee.com. Renowned for its legendary 100% Arabica coffees, gifts and coffee accessories, the Bacha Coffee concept also incorporates international distribution and wholesale to professionals. Bacha Coffee is a V3 Gourmet brand. Contact Details Rell Marketing & Communications Linsey Tilbor Rubin ltilbor@rellmc.com Pape PR Kathy Pape kathy@papepr.com Company Website https://bachacoffee.com/us/en/

June 06, 2024 08:33 AM Eastern Daylight Time

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Culturelle® Probiotics and Re:wild Team Up to ‘Protect the Gut Microbiome’

YourUpdateTV

A new campaign from Culturelle® Probiotics and global conservation non-profit, Re:wild, is highlighting the similarities between endangered ecosystems on Earth and the endangered ecosystem within: the human gut microbiome. Recently, Dr. Robin Moore from Re:wild, participated in a nationwide satellite media tour to discuss the new initiative. A video accompanying this announcement is available at: https://youtu.be/JT_Nv2wpwrU Earth’s ecosystems are what sustain us. They are our first line of defense against emerging diseases and climate chaos, and they provide everything from clean air and water to food and medicines. But research shows that the populations of mammals, birds, reptiles, amphibians and fish have declined by nearly 70% since 1970. And a loss of biodiversity can significantly disrupt an ecosystem – lowering its productivity and quality. The gut microbiome – made up of trillions of living, breathing bacterial species – is also facing a loss of biodiversity and is under constant siege from a variety of modern-day stressors, like anxiety, lack of sleep, and poor eating habits, that can put it out of balance and hinder its ability to thrive. This led the Culturelle brand to make a poignant connection between the vulnerable state of our gut microbiome and the other ecosystems of the world. The gut is a critical ecosystem — and it's at risk. Culturelle Probiotics and Re:wild have teamed up to draw attention to the similarities between the endangered ecosystems of our world and the ecosystem within – the human gut microbiome – and raise awareness on the importance of protecting biodiversity in all ecosystems, both inside and out. To learn more about the campaign, visit ProtectTheGut.com. About Dr. Robin Moore Dr. Robin Moore blends his scientific training with his passion for photography and storytelling to connect a broad audience with the urgency and opportunity for saving endangered species and critical ecosystems. Recognizing the importance of communications for challenging perceptions and changing behaviors, Robin has spearheaded innovative campaigns to raise the profile of too-often overlooked species. The Search for Lost Frogs, a global quest to find species missing for decades, attracted significant media attention and inspired the book, In Search of Lost Frogs, which was named one of The Guardian’s best nature books of 2014. Robin is an award-winning photographer and Senior Fellow of the International League of Conservation Photographers. The Search for Lost Species, a signature initiative of Re:wild, builds on this success. About Culturelle® Probiotics For more than 25 years, Culturelle® Probiotics have helped individuals, children and families support their health. Covering digestive, immune, feminine, and pediatric health, Culturelle® product formulations are based on science, utilizing clinically studied probiotics to support the unique benefits of each product. Plus, the ingredients are proven effective and work in harmony with the human body.* About Re:wild Re:wild protects and restores the wild. They have a singular and powerful focus: the wild as the most effective solution to the interconnected climate, biodiversity and human wellbeing crises. Re:wild brings together Indigenous peoples, local communities, influential leaders, nongovernmental organizations, governments, companies and the public to protect and rewild at the scale and speed we need. Learn more at rewild.org. © 2024 dsm-firmenich group, Culturelle® is a trademark of the dsm-firmenich group. * The Food and Drug Administration has not evaluated these statements. This product is not intended to diagnose, treat, cure, or prevent any disease. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 05, 2024 03:46 PM Eastern Daylight Time

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West Hollywood’s 40th Anniversary: Vacation in The High-Energy Playground to the Stars, Full of Sunshine, Style, and Culture

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/XeWP9LIZ9Nw Style, culture, glamour, luxury, fun, wellness, shopping, design, trendsetting, playground to the stars, iconic. Those are just some of the words to describe West Hollywood, California’s most walkable city in the heart of LA. This year, West Hollywood celebrates its 40th anniversary with four decades of cultural innovation, diversity, and unparalleled experiences in one of Southern California’s most iconic cities, measuring only 1.9 square miles. With influence from rock ‘n roll, folk, hair, metal bands and the distinct charm and the continuance of the famed Halloween Carnaval and WeHo Pride contribute to the rich tapestry of West Hollywood's cultural relevance, not to mention being the hub of many reality TV shows and paparazzi sightings. West Hollywood also has a long history of enacting progressive policies that protect and promote the rights of the minority, including the LGBTQ+ community. West Hollywood became an official city in 1984 with a majority-gay city council and its first openly gay mayor was elected in 1985. West Hollywood hosts one of the largest and most vibrant Pride celebrations in the country, attracting global visitation. This annual event showcases the city's commitment to LGBTQ+ inclusivity and provides a platform for the local LGBTQ+ community and the many businesses that serve it. West Hollywood commemorates these milestones with 40 Days of Pride and the return of WeHo Pride. “Pride Starts Here” kicked off on Harvey Milk Day (May 22) and runs through June 30 for “40 Days of Pride'' with programming that includes the WeHo Pride Weekend Parade, the Dyke March, the WeHo Pride Arts Festival and more. Headliners for the 2024 OUTLOUD festival included Kylie Minogue, Janelle Monāe, Kesha, and Diplo. A nationwide media tour was conducted on May 21st with Jeff Morris, Chief Marketing Officer, West Hollywood Travel and Tom Kiely, President and CEO, West Hollywood Travel + Tourism Board. Topics that were discussed during the media tour included: ● How guests can dive into the cultural forefront by exploring West Hollywood's three neighborhoods: The Design District, Santa Monica Boulevard (including LA’s Rainbow District) and the famed Sunset Strip, all nestled in the heart of LA. ● WeHo Pride celebrates 40 Days of Pride, coinciding this year with West Hollywood’s 40th Anniversary. ● What some of the summer cultural, culinary and entertainment highlights will be for anyone visiting including new trendsetting restaurants, bars, boutique, including 20 fabulous hotels, ranging from luxury to historic to celebrity drenched, not to mention the phenomenon of "roof topping” (swimming pools, sun decks and even pickleball). For more information, visit VisitWestHollywood.com. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

June 05, 2024 02:29 PM Eastern Daylight Time

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BNB Loses Market Interest, Solana and 100x Altcoin Raboo Steal the Spotlight

Total Media

The cryptocurrency market has experienced a series of bullish and bearish trends from a couple of major coins. With Solana demonstrating a massive recovery trajectory and BNB price moving sluggish, investors seem to be losing interest in BNB and pivoting to the newly created socialFi meme coin. Raboo is a brand-new SocialFi coin created with a combination of top-notch technology and a splash of amazing meme-hunting skills. This coin has stolen the spotlight as it is predicted to surge up to 233% in 2024. Raboo, currently in Stage 4 of its presale phase, and raking in over $1.6million so far, it’s projected by analysts to surge up 100x on launch day. In this article, we will talk more about all you need to know regarding the progress of this coin. BNB: Massive Decline in Market Price of Binance Coin Recently, the value of BNB had experienced a downward trend of about eight percent in comparison with the dollar value. This shows clearly that the token isn't going to bring in big ROI, causing investors to lose interest in the market coin. BNB has had a bullish short-term trend, rising fourteen percent during the last couple of months, analysts warn of BNB as it is approaching its resistance of $645.02. BNB is Currently trading at $621.05 with a trading volume of approximately $2.8 billion, and YTD value of only 100%. A Crypto analyst recently described the Binance Coin as having a bullish past, with a bearish future. Due to its recent performance, investors are now seeking other alternatives to dive into, with Raboo’s presale coin showing potentials of up to 100x its market value. Solana is predicted to surge by 10% in The Crypto Market The debut of meme-coins on the Solana blockchain has been met with excitement from investors. Using the unrestricted nature of blockchain technology, Solana is an open-source project with a huge operation that provides DeFi solutions. Solana Enthusiast projects that there is a high chance it will experience a bullish trend of up to 10% in the next couple of days. This is due to the increase in its overall trading volume and market cap. In the last 24 hours, Solana has had a trading volume of approximately $2.1 billion and a market price of $75.5bn. Raboo’s Bright Future of Up to 100x is Still Bringing in Investors Raboo is predicted to place among the top AI-themed meme coins in 2024, and it definitely has people talking. The price of the presale token is estimated to go up to 233%, following its starting price of $0.003 Currently in Stage 4 with a price of $0.0048.. In a market where investors are shifting toward meme coins, Raboo is a top-tier native token that has the potential to surge by 10,000% upon its listing on a major exchange platform. Raboo offer holders the opportunity to experience the combination of MemeFi, blockchain, and SocialFi. Enthusiasts get to benefit from the special social-fi model and earn more tokens by participating in weekly, monthly, and quarterly competitions. The new meme coin is driving the $62 billion meme market and without a doubt one of the best altcoin to invest in. Conclusion In the cryptocurrency space, not only Solana but also Binance Coin have experienced big hits. With the increase in solana trading volume and market cap, it’s expected to experience a 10% surge in the couple of days. Meanwhile, Raboo is stealing the spotlight following its prediction of reaching up to 100x its current price, investors are now finding their way to this AI-powered meme coin. You can participate in the Raboo presale here. Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 04, 2024 08:24 AM Eastern Daylight Time

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Dentakay Launches Comprehensive Guide on Dental Implant Procedures.

Rev Up Marketers

Dentakay is a well-established dental clinic in Istanbul. In the recent record, the company has announced the launch of its latest offering, a detailed guide titled “Dental Implant Procedures: What to Expect Post-Surgery”. The newly released guide is aimed at providing invaluable insights into the post-operative phase following dental implant procedures, this guide serves as an indispensable resource for patients, particularly those traveling from abroad to seek dental care in Turkey. Crafted by expert dentists with a wealth of experience in dental implantation, the guide delves into essential steps and precautions for optimal healing post-surgery. It offers comprehensive aftercare instructions to help patients manage common symptoms such as swelling and bleeding effectively. Practical advice, including the application of ice packs to reduce swelling and the use of gauze pads or moistened tea bags to control minor bleeding, is provided to ensure a smooth recover journey. According to Wafaa, a senior representative for Dentakay, “ This guide addresses critical aspects of the post-surgery period, empowering patients with the knowledge and tools they need to navigate the recovery process with confidence. From dietary recommendations to lifestyle adjustments, it leaves no stone unturned in ensuring the patients receive the best possible care and support”. The guide also sheds light on the typical healing timeline, which can span up to six months depending on individual circumstance. Furthermore, it emphasizes the importance of lifestyle choices in the healing process, cautioning against the adverse effects of smoking, poor diet, and inadequate dental care. To aid patients in making informed dietary choices during the initial recovery phase, the guide includes nutritional guidance curated by dental experts. Wafaa added, " We encourage patients to take time off from work and ensure accompaniment if sedation will be used. With the guide, we aim to reassure patients and give them clear instructions to ensure they feel supported throughout their healing journey. It’s also critical to scheduling your dental implant procedure on time. Our team hopes it will help them realize the importance of caring for their teeth and follow-up appointments so they don't face any issues during their recovery." Consequently, Dentakay caters to a comprehensive range of dental treatments including dental implants, teeth whitening, dental crowns, orthodontics, jaw surgery, and pedodontics. About the Company – Dentakay Dentakay is a state-of-the-art dental clinic founded in 2009 and headquartered in Istanbul, Turkey. It is renowned for its commitment to excellence and patient-centered care. With a team of highly skilled dentists and innovative technologies, Dentakay starves to deliver necessary dental care solutions to patients worldwide. For further details, interested clients in accessing the guide and exploring other resources related to dental implant installations can visit the Dentakay’s official Website. Contact Details Dentakay Wafaa +90 546 559 41 48 Info@dentakay.com Company Website https://dentakay.com/

June 03, 2024 03:22 PM Eastern Daylight Time

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The Beachbody Company (NYSE: BODI) Reports Achieving Positive Turnaround In Revenue, EBITDA And Cash Flow In Q1 2024

Benzinga

By James Blacker, Benzinga Subscription health and fitness firm The Beachbody Company, Inc (NYSE: BODI) saw a significant turnaround in its financial results for the first quarter ending March 31, reporting higher revenue and adjusted EBITDA compared to the previous quarter as well as the first positive free cash flow quarter since 2020. Positive Financial Metrics The company, which now goes by BODi, reported a total revenue of $120 million for the first quarter, exceeding the midpoint of guidance. While revenue was down around 17% from $144.9 million in the same period of 2023, the figure grew from $119 million in the previous quarter – representing the first quarter-on-quarter revenue growth since 2021. BODi’s increase in revenue compared to the previous quarter was driven by a more than 7% increase in revenue from its Nutrition & Other segment, while the Digital and Connected Fitness segments saw slight dips in revenue over the same period. A key highlight for the quarter was the company’s first positive free cash flow since 2020, which was $7.4 million, compared to negative $11.3 million in the first quarter of 2023. BODi said it generated $9.1 million from operating activities in Q1 2024, in stark contrast to a cash outflow of $7.9 million from operating activities in the same period of 2023. The company also saw an inflow of $3.9 million from investing activities, compared to an outflow of $3.4 million last year. "Our net cash position increased from $3.9 million at December 31, 2023 to $14.4 million at March 31, 2024, representing approximately a $10 million improvement in our liquidity in one quarter,” noted Marc Suidan, BODi’s Chief Financial Officer. Other key financial metrics also showed positive improvements, with a substantial rise in adjusted EBITDA at $4.6 million, compared to a negative $0.9 million in the first quarter of last year. Moreover, the company narrowed its net loss to $14.2 million in the first quarter from $29.2 million in the year-ago period. BODi’s financial improvement in Q1 2024 was bolstered by a reduction in total operating expenses, which fell to $92.1 million in the first quarter from $118.8 million a year earlier. This helped slash the operating loss by $16.6 million (over 60%!), from $27.4 million to $10.8 million. Outlook For Q2 Looking ahead to the second quarter of 2024 ending June 30, BODi expects to see revenue fall within the range of $103 million to $113 million, with a net loss of between $14 million and $20 million. Adjusted EBITDA in Q2 is projected to be between negative $3 million and positive $3 million. While BODi appears to remain cautious in its Q2 outlook, the positive Q1 results mark a potential turning point for the company. The revenue growth, positive free cash flow and improved adjusted EBITDA signify robust progress in its turnaround plan. Things could be looking up for BODi, provided it can capitalize on the booming online/virtual fitness market, which is projected to grow at a CAGR of 32.7% through 2032, becoming a $250.7 billion market. Key Financial Metrics For The Quarter Ended 31 March Additionally, a comparison of the Market Cap to Last Twelve Months (LTM) Revenue ratio can be found below: Featured photo by StockSnap on Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 03, 2024 08:45 AM Eastern Daylight Time

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Introducing the SIGMA 28-45mm F1.8 DG DN | Art, the First Full-Frame F1.8 Zoom Lens for Mirrorless Camera Systems

SIGMA CORPORATION OF AMERICA

SIGMA Corporation of America, the US subsidiary of SIGMA Corporation (CEO: Kazuto Yamaki. Headquarters: Asao-ku, Kawasaki-shi, Kanagawa, Japan) is pleased to announce the SIGMA 28-45mm F1.8 DG DN | Art lens. This is the world's first zoom lens with a constant F1.8 aperture for full-frame mirrorless camera systems. Available for Sony E-mount and L-Mount, this new wide-to-standard zoom spans several popular focal lengths from 28mm to 45mm, with image quality comparable to prime lenses. The SIGMA 28-45mm F1.8 DG DN | Art was developed as a full-frame successor to the SIGMA 18-35mm F1.8 DC HSM | Art (for APS-C DSLR cameras), which in 2013 became the first lens in the world to achieve F1.8 throughout the entire zoom range. While offering the convenience of a zoom, this new lens does not compromise on optical performance. By effectively arranging 3 aspherical lens elements and 5 SLD glass elements, this lens suppresses various aberrations and achieves performance comparable to single focal length lenses, even surpassing the SIGMA 24mm F1.4 DG DN | Art and SIGMA 50mm F1.4 DG DN | Art, which have an established reputation for their optical quality. In particular, the 28-45mm F1.8 DG DN | Art focuses on suppressing axial chromatic aberration, which is often noticeable in large-aperture lenses, to achieve images with minimal coloration on both the focus plane and bokeh, and to demonstrate high optical performance from open aperture. The minimum focusing distance is 30cm (11.8 inches) throughout the entire range, and the maximum magnification ratio of 1:4 is achieved at the 45mm focal length. Featuring internal zoom and HLA (High-response Linear Actuator) autofocus, and an optical design that minimizes focus breathing, the SIGMA 28-45mm F1.8 DG DN | Art is well-suited for video work, including gimbal setups, thanks to its balanced design. The click/de-click switch and lockable aperture ring are designed to suit a variety of personal capture preferences, and the dust- and splash-resistant design also makes it suitable for shooting stills and video out in the elements. The SIGMA 28-45mm F1.8 DG DN | Art lens will be available for $1,349 through authorized retailers in the US in late June 2024. Learn more at the SIGMA America website: https://www.sigmaphoto.com/28-45mm-f1-8-dg-dn-a Exclusively for mirrorless cameras | Compatible with full-frame cameras A | Art SIGMA 28-45mm F1.8 DG DN | Art The world's first* F1.8 full-frame mirrorless zoom. *as of June 2024 by SIGMA The world's first* full-frame, F1.8 maximum aperture zoom lens Excellent optical performance comparable to that of a prime lens High-speed AF and innovative features Supplied accessories: CASE, LENS HOOD LH878-06, FRONT CAP LCF-82 III, REAR CAP LCR Available mounts: L-Mount, Sony E-mount Launch date: June 20, 2024 * Product appearance and specifications are subject to change. * This product is developed, manufactured and sold based on the specifications of E-mount which was disclosed by Sony Corporation under the license agreement with Sony Corporation. * L-Mount is a registered trademark of Leica Camera AG. #SIGMA #SIGMA2845mmF18Art #SIGMAArt #SIGMAArtZoom #SIGMADGDN The SIGMA 28-45mm F1.8 DG DN | Art is the world's first full-frame zoom lens with a constant maximum aperture of F1.8, delivering sharpness and clarity comparable to that of a prime lens. Already the pioneer of unique, large-aperture zoom lenses including the SIGMA 18-35mm F1.8 DC HSM | Art and the SIGMA 24-35mm F2 DG HSM | Art, SIGMA introduces another fast, portable and versatile tool to its Art lineup. In addition to its unprecedented brightness, the SIGMA 28-45mm F1.8 DG DN | Art delivers sharpness and clarity comparable to that of a prime lens throughout its entire zoom range. Also equipped with fast and precise AF and superior operability, this innovative optic turns a new page in the history of zoom lenses and their creative possibilities. It is a lens that will inspire full-frame filmmakers, while bringing unparalleled versatility to stills photographers. * As of June 2024 by SIGMA [Key Features] 1. The world's first* full-frame, F1.8 maximum aperture zoom lens SIGMA has successfully developed the world's first full-frame zoom lens with a maximum aperture of F1.8. The SIGMA 28-45mm F1.8 DG DN | Art incorporates an inner zoom mechanism, a minimum focusing distance of 30cm across the entire zoom range, and a filter size of φ82mm. Despite its advanced feature-set, the lens weighs less than 1kg, making it a portable and versatile option for either hand-held shooting or a gimbal setup. Constant maximum aperture of F1.8 Once a privilege reserved only for prime lenses, the maximum F1.8 aperture allows full-frame camera users to expose hand-held in low light and produce beautiful bokeh, while enjoying the flexibility of a zoom. This unique optical achievement has been created through SIGMA's accumulated optical design experience and advanced production technology at the company's sole production base in Aizu, Japan. Practical and stable inner zoom Employing an inner zoom mechanism, the overall length of the lens remains constant when the focal length or focus distance changes. This means the lens is easy to use when shooting hand-held, highly stable when mounted on a tripod or gimbal, and more resistant to dust and water contamination. Consistent close focus The minimum focusing distance is a constant 30cm across the entire zoom range, with a maximum magnification ratio of 1:4 at the telephoto end, providing excellent close-up shooting capabilities. As well as offering precise focus in confined spaces, the lens can therefore be used close to a subject without affecting sharpness when using the zoom. Premium build at a lighter weight By rights, such a fast zoom should be big and heavy, but while the lens's rigidity and durability protect its sophisticated optical design, this is achieved at a weight of less than 1kg. What's more, this reliable photographic tool uses a versatile filter size of φ82mm, meaning no compromise in portability or convenience. 2. Excellent optical performance comparable to that of a prime lens With each optical aberration meticulously corrected throughout the zoom range, the SIGMA 28-45mm F1.8 DG DN | Art rivals prime lenses for clarity and definition. Thanks to its advanced coatings, the lens produces clear images, even in backlit environments, while focus breathing is thoroughly suppressed, bringing expressive power to filmmakers and photographers. The pinnacle of optical quality in a zoom Through the effective arrangement of 5 SLD elements and 3 aspherical elements, aberrations are rigorously corrected. Axial chromatic aberration, which is particularly noticeable with large-aperture lenses, has been thoroughly suppressed, and the lens delivers clear images with minimal coloration, from sharply focused details to large, smooth bokeh. Suppression of focus breathing When using regular lenses, the angle-of-view can change as focus moves from near to far, affecting precise composition. With the SIGMA 28-45mm F1.8 DG DN | Art this focus breathing is suppressed, enabling natural focus pulls when shooting video. Minimal flare and ghosting Flare and ghosting, which reduce image quality, have been largely eliminated using advanced simulation technology, ensuring the lens renders rich, high-contrast results in all conditions. In addition, in order to keep flare and ghosting to a minimum, the lens uses SIGMA's Nano Porous Coating and Super Multi-Layer Coating, producing superior resistance to backlighting and enabling clear, saturated images in all lighting conditions. 3. High-speed AF speed and innovative features The SIGMA 28-45mm F1.8 DG DN | Art delivers a range of professional features as impressive as its outstanding optical performance. With high-speed and adaptable AF, a durable weather-resistant structure, a de-clickable aperture ring, smooth manual focusing and on-barrel AFL buttons, all features combine to create a versatile photographic tool capable of responding to any situation. Faster focus with a linear motor The lens's AF mechanism uses an HLA (High-response Linear Actuator) to combine accelerated focusing speed with exquisite precision. And because the motor is near-silent it allows video recording without noise. Precise and comfortable manual focusing To deliver delicate and accurate manual focus, the lens employs a bi-wire driven focus ring with optimum torque setting, high resolution and an adjustable rotation angle between 90° and 720°*. This allows filmmakers to pull focus with organic smoothness, and photographers to focus manually with outstanding accuracy. * Only for L-Mount, and with compatible cameras. Aperture ring refinements The lens is equipped with an aperture ring as well as an aperture ring click switch and an aperture ring lock switch, allowing for aperture operation suitable for various shooting situations. Equipped with two AFL buttons Located on the side and on top of the barrel, two customizable* AFL buttons can be easily reached in either horizontal or vertical shooting positions. * Assignment of functions is limited to supported cameras and assignable functions vary depending on the camera. Built to withstand the elements In addition to a dust- and splash-resistant body*, the frontmost surface of the lens is coated with a water- and oil-repellent coating so that it can be used safely even in harsh outdoor environments. * The product is designed to be dust- and splash-resistant but is not waterproof. When using the lens near water, etc., take care not to allow large amounts of water to splash on it. If water gets inside the lens, it may cause a major malfunction and render the lens unrepairable. Includes locking petal-type hood A petal-type hood is included to shield the lens from light. It has a locking mechanism for secure attachment and can be reversed for easier storage. [ Additional Features ] Lens construction: 18 elements in 15 groups (5 SLD, 3 aspherical elements) Inner zoom Inner focus system High-speed AF HLA (High-response Linear Actuator) Compatible with Lens Aberration Correction * Only cameras that are compatible with the function are allowed to use this function. Also, the items that can be corrected may vary depending on the camera, or automatic correction may be performed. * On a camera that allows selecting ON/OFF for lens aberration correction, set the various aberration corrections to ON (AUTO) from the camera menu. Supports DMF and AF+MF Compatible with AF assist (for Sony E-mount only) Nano Porous Coating Super Multi-Layer Coating Water- and Oil-Repellent Coating (front element) Aperture ring Aperture ring click switch Aperture ring lock switch AFL button (2 locations) * Assignment of functions is limited to supported cameras and assignable functions vary depending on the camera. Focus Mode switch Support for switching between linear and non-linear focus ring settings (for L-mount only) * Only cameras that are compatible with the system are allowed to use the system. Dust- and Splash-Resistant Structure * The product is designed to be dust- and splash-resistant but is not waterproof. Take care not to allow large amounts of water to splash on the lens. If water gets inside the lens, it may cause a major malfunction and render the lens unrepairable. Petal-type hood with lock LH878-06 Compatible with SIGMA USB DOCK UD-11 (sold separately / for L-Mount only) Designed to minimize flare and ghosting Every single lens undergoes SIGMA's proprietary MTF measuring system 11-blade rounded diaphragm High-precision, durable brass bayonet mount Mount Conversion Service available "Made in Aizu, Japan" craftsmanship [ Key Specifications ] The following specifications are for L-Mount. Lens Construction: 18 elements in 15 groups (5 SLD, 3 aspherical elements) Angle of view: 75.4 - 51.3° Number of diaphragm blades: 11 (rounded diaphragm) Minimum aperture: F16 Minimum focusing distance: 30cm / 11.9 in. Maximum magnification ratio: 1:4 at 45mm Filter size: 82mm Dimensions (Max. Diam. x Length): 87.8 x 151.4mm / 3.5 x 6.0 in. Weight: 960g / 33.9 oz. [ Product Barcode ] Product Name Barcode L-Mount: 0085126 612696 Sony E-mount: 0085126 612658 [ Accessories: Supplied ] LENS HOOD LH878-06: 0085126 941444 FRONT CAP LCF-82 III: 0085126 930028 REAR CAP LCR II (for L-Mount): 0085126 937256 REAR CAP LCR II (for Sony E-mount): 0085126 929879 [ Accessories: Optional ] SIGMA USB DOCK UD-11 for L-Mount: 0085126 878696 SIGMA WR CERAMIC PROTECTOR 82mm: 0085126 931834 SIGMA WR PROTECTOR 82mm: 0085126 930974 SIGMA PROTECTOR 82mm: 0085126 931100 SIGMA WR UV FILTER 82mm: 0085126 930714 SIGMA WR CIRCULAR PL FILTER 82mm: 0085126 930844 [ Information ] SIGMA Corporation: https://www.sigma-global.com/ SIGMA Global Network: https://www.sigma-global.com/en/corporate/world-network/ Product Information: https://www.sigma-global.com/en/lenses/a024_28_45_18/ [ About SIGMA Corporation ] Craftsmanship. Precision. Dedication. Since 1961, SIGMA has been devoted to the pursuit of advancing photographic technology. Unique to the industry, the family-owned business produces its high-quality, award-winning still photo and cinema camera lenses, DSLR and mirrorless cameras, flashes, filters and accessories from its state-of-the-art manufacturing facility located in Aizu, Japan. In 2012, the company introduced SIGMA Global Vision with three distinct lens lines: Art, Contemporary and Sports. Designed for industry camera mount systems including Canon, Fujifilm, Leica, Nikon, Olympus, Panasonic, Sony and SIGMA, each lens is handcrafted and tested in Japan to ensure a high-performance, premium product that is purpose-built to last. In 2016, the SIGMA Cine lens lineup was launched, further cementing SIGMA as an innovator in imaging engineering. Embodying the core optical DNA that has defined the SIGMA benchmark of excellence, SIGMA Cine lenses meet the needs of advanced 6k and 8k cinema production. Forming the landmark L-Mount alliance alongside Leica and Panasonic in 2018, SIGMA continues its storied tradition of imaging excellence through groundbreaking innovations such as the native L-mount SIGMA fp and fp L full-frame mirrorless digital cameras, announced in July 2019 and March 2021 respectively. These products, along with dozens of award-winning SIGMA Global Vision lenses available in native L-Mount format, demonstrate SIGMA's continued commitment to the creative community through expanded product offerings. With the fp, fp L and these lenses, even more users can now leverage SIGMA's renowned optical formula to achieve their creative vision with ease. For more information about SIGMA America, please visit sigmaphoto.com and SIGMA Blog. Follow SIGMA America (Photo): Facebook | Twitter | Instagram Follow SIGMA Ameica (Cine): Facebook | Twitter | Instagram Contact Details SIGMA Corporation of America Jack Howard +1 631-201-7381 sigma.pr@sigmaphoto.com SDDPR Stacey Doss stacey@sddpr.com Company Website https://www.sigmaphoto.com/

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