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Stock impact report

Beachbody Conference: Turnaround Hits Net Income Profit, Retail Shakeology Push and New P90X Planned [Yahoo! Finance]

The Beachbody Company, Inc. - Class A (BODI) 
Company Research Source: Yahoo! Finance
CEO and co-founder Carl Daikeler alongside Executive Chairman Mark Goldston and CFO Brad Ramberg. Daikeler said the company was formed in 1998 and began transacting in 1999, built initially on direct marketing through infomercials. Over time, Beachbody created well-known fitness and nutrition brands including P90X, Insanity, and Shakeology. He said the company has accumulated more than 140 proprietary branded programs and more than 11,000 videos on its streaming platform, BODi—an acronym for Beachbody On Demand Interactive. ? Warner Bros. Rejects Paramount's Offer—How It Affects WBD, NFLX, PSKY Daikeler added that the company is “closing in” on a billion views of its content on the platform, not including earlier VHS and DVD sales, which he said totaled “tens of millions.” He also cited 32 million customers since inception and more than $12 billion in cumulative sales over the company's history. Daikeler framed the market opportunity as large, citing 2023 estimates that overal Show less Read more
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