Supercar Blondie Is Going Into the Auction Business
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,819,323 (-0.47%)       Melbourne $1,088,658 (+0.27%)       Brisbane $1,225,635 (-1.14%)       Adelaide $1,091,608 (-0.20%)       Perth $1,088,081 (+1.27%)       Hobart $834,316 (-0.57%)       Darwin $914,408 (+1.58%)       Canberra $1,053,420 (-2.20%)       National Capitals $1,208,360 (-0.36%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $816,136 (-0.00%)       Melbourne $533,413 (-0.40%)       Brisbane $854,281 (-0.07%)       Adelaide $587,454 (-4.69%)       Perth $649,708 (+4.84%)       Hobart $555,595 (+0.36%)       Darwin $500,445 (+2.11%)       Canberra $482,643 (-2.14%)       National Capitals $650,585 (+0.06%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 11,059 (+788)       Melbourne 13,016 (+1,139)       Brisbane 5,808 (+1)       Adelaide 2,129 (+68)       Perth 4,305 (+51)       Hobart 842 (+40)       Darwin 100 (+3)       Canberra 1,041 (+60)       National Capitals $38,300 (+2,150)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 8,244 (+345)       Melbourne 6,277 (+235)       Brisbane 1,140 (+70)       Adelaide 327 (+14)       Perth 901 (+19)       Hobart 157 (+7)       Darwin 173 (+8)       Canberra 1,192 (+46)       National Capitals $18,411 (+744)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $820 ($0)       Melbourne $580 ($0)       Brisbane $680 (-$15)       Adelaide $640 ($0)       Perth $730 ($0)       Hobart $580 (-$20)       Darwin $750 ($0)       Canberra $720 (-$10)       National Capitals $697 (-$5)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $800 ($0)       Melbourne $600 (+$10)       Brisbane $675 (-$2)       Adelaide $530 (-$10)       Perth $695 (-$5)       Hobart $520 (+$20)       Darwin $610 (-$30)       Canberra $580 (-$5)       National Capitals $638 (-$5)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,016 (+7)       Melbourne 7,580 (-57)       Brisbane 4,087 (-224)       Adelaide 1,589 (+5)       Perth 2,322 (-22)       Hobart 213 (+2)       Darwin 83 (0)       Canberra 446 (-31)       National Capitals $22,336 (-320)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 8,935 (-284)       Melbourne 6,331 (-88)       Brisbane 2,151 (-79)       Adelaide 469 (-4)       Perth 630 (-3)       Hobart 78 (-11)       Darwin 151 (+4)       Canberra 598 (-51)       National Capitals $19,343 (-516)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.34% (↑)        Melbourne 2.77% (↓)       Brisbane 2.89% (↓)     Adelaide 3.05% (↑)        Perth 3.49% (↓)       Hobart 3.61% (↓)       Darwin 4.27% (↓)     Canberra 3.55% (↑)        National Capitals $3.00% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 5.10% (↑)      Melbourne 5.85% (↑)        Brisbane 4.11% (↓)     Adelaide 4.69% (↑)        Perth 5.56% (↓)     Hobart 4.87% (↑)        Darwin 6.34% (↓)     Canberra 6.25% (↑)        National Capitals $5.10% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 36.0 (↓)       Melbourne 38.0 (↓)       Brisbane 34.4 (↓)       Adelaide 32.6 (↓)     Perth 42.2 (↑)        Hobart 33.7 (↓)       Darwin 47.9 (↓)       Canberra 34.1 (↓)       National Capitals $37.3 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 33.9 (↓)       Melbourne 39.6 (↓)       Brisbane 30.7 (↓)       Adelaide 26.8 (↓)     Perth 41.3 (↑)        Hobart 29.6 (↓)     Darwin 30.9 (↑)        Canberra 43.3 (↓)       National Capitals $34.5 (↓)           
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Supercar Blondie Is Going Into the Auction Business

By Jim Motavalli
Mon, Apr 8, 2024 7:00amGrey Clock 3 min

Social media personality Supercar Blondie, a London-based Australian whose real name is Alex Hirschi, found her niche posting automotive eyecandy for eager viewers rather accidentally.

“I started out as a journalist, and I just fell into cars through my radio show,” says Hirschi.

For someone who “fell into” cars, they’ve certainly been good to her—the Supercar Blondie network of social channels that includes Supercarblondie.com has 110 million subscribers, including 18.4 million on YouTube and 56 million on Facebook. The content has 2 billion views per month, according to the company.

Alex and Nik Hirschi, the Supercar Blondie couple, in Las Vegas.
Jim Motavalli photo

Hirschi, whose first car was a lowly Mitsubishi Lancer, produces the Supercar Blondie content with her husband, Nik Hirschi, who is Swiss. The radio show was on the Arabian Radio Network in Dubai from 2012 to 2017. Dubai is full of supercars, and Hirschi, then known as “Radio Blondie,” said it was a natural fit to drive some of them—Bentleys, McLarens, Ferraris—for on-air features. The independent Supercar Blondie content creation company was launched in Dubai (where Nik Hirschi worked at Bloomberg, Barclays, and Thomson Reuters) in 2017 and has been growing ever since.

“I just loved supercars, and what started out as a hobby after I was loaned a Bentley Flying Spur to drive around Dubai eventually got more serious,” Alex Hirschi says. “We started filming my encounters with cars and uploading the video to our channel.” These days the couple travels 300 days a year; Penta first caught up with them at the Consumer Electronics Show in Las Vegas .

The Tyde Icon electric hydrofoil uses BMW batteries.
SBX Cars Photo

And now SB Media Group, based in London with 65 employees, Nik as CEO and Alex as the co-founder and on-air talent, is going into the auto auction business. SBX Cars, based in California, launched this week. The inaugural inventory goes beyond cars, and includes an electric Tyde hydrofoil yacht designed by BMW. There’s also a no-reserve Tesla Cybertruck, a one-of-nine Lamborghini Veneno Roadster, and a one-of-three Lamborghini Veneno Coupe. Likely attracting attention will be the first public auctions of the Mercedes-AMG One and the Hyperion XP-1 hydrogen-powered prototype. There were three LaFerrari prototypes, and one will be auctioned by SBX Cars.

A collection of John Player Special Lotus F1 racing cars will also be auctioned, as well as Lotus transporters, and founder Colin Chapman’s personal plane and some vehicles from his garage. Other high-dollar items include a Mercedes 300SL “Gullwing,” a Lamborghini Miura, a BMW 507, and an Aston Martin DB5. The estimated valuation of the auction lots consigned is US$100 million.

The Mercedes-AMG One was limited to 275 units.
SBX Cars Photo

The auctions will be online, but there could be some in-person events in the future. “We’re going to be the only digital auction site that focuses on the high end,” Nik Hirschi says. “We will focus on cars that are super-cool, with many that are one-of-a-kind, and we’re going to be attracting collectors from all over the world. Every car will be represented on the site with 200 photographs, taken by our global network.” Video will also be available.

SBX Cars says it will speed up the process for consignors, with just a few weeks until their cars become available on the site. Once up, the vehicles will remain available for one to two weeks. SBX Cars Auction Director Lance Butler, a Bonhams veteran, said in a statement that the auction “introduces our clients to a far easier buying and selling process, all while accessing one of the world’s largest global audiences by way of Supercar Blondie.”

The prototype Hyperion XP-1.
SBX Cars Photo

Mercedes 300SLs, Aston Martin DB5s, and BMW 507s are frequently auctioned around the globe, but SBX features some true exotics.



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The social-media company’s revenue increased 14%, falling short of estimates.

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Pinterest shares tumbled after the company projected that revenue growth would slow in the first quarter, amid an advertiser pullback that weighed on its fourth-quarter earnings.

Shares slid 18.5% to $15.10 in after-hours trading after closing the market session down 2.9% at $18.54.

Pinterest reported a 14% increase in fourth-quarter revenue to $1.32 billion, up from $1.15 billion a year earlier, but short of analysts’ estimate of $1.33 billion, according to FactSet. The company posted 17% revenue growth in the third quarter.

The company expects growth to decelerate further in the current first quarter, projecting growth between 11% and 14%. It’s forecasting revenue between $951 million and $971 million.

Chief Executive Officer William Ready said the company needs to broaden its revenue mix and accelerate sales going forward.

“We are not satisfied with our Q4 revenue performance and believe it does not reflect what Pinterest can deliver over time,” he told analysts on a call Thursday. “We are moving with urgency to return over time to the mid-to-high-teens growth, or better than what we have been consistently delivering.”

Pinterest on Thursday recorded a profit of $277.1 million, or 41 cents a share, compared with its profit of $1.85 billion, or $2.68 a share, a year earlier. The $1.85 billion profit in 2024 included a $1.6 billion benefit from deferred tax assets.

Stripping out certain one-time items, Pinterest logged adjusted earnings of 67 cents a share, in line with analyst expectations, according to FactSet.

Ready said the company continues to see headwinds from larger retailers pulling back on advertising spending to protect their margins amid the impact from President Trump’s tariffs.

“We saw continued softness from this cohort of large retailers,” Ready said. “While we see opportunity over the long term, the near-term outlook for this cohort on our platform remains pressured given these headwinds.”

Ready said the company has expanded its footprint among mid-market and small-to-medium business advertisers, as well as international businesses. Still, he said Pinterest had a ways to go to offset the headwinds from larger advertisers, which may become even more pronounced in the current quarter.

Chief Financial Officer Julia Donnelly added that the company is looking to increase its investments in sales and research and development related to artificial-intelligence following the launch of its restructuring effort in January. Pinterest said last month that it would cut about 15% of its workforce, or approximately 700 jobs.

 

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