(A similar bottle went for US$160,000 at auction. We remain committed to rightsizing the business in further manufacturing and supply chain optimization. And sorry, just one last one, and I apologize for being a hog. Did the 2013 documentary Somm really need a sequel? A sequel to the 2012 original documentary "Somm," this film focuses on the history of winemaking through 10 different chapters featuring 10 different bottles of wine. Understood. The film is organized into 10 chapters, each with a focused story that shows a different side (and style) of wine. A number of them participate and not all of them have the same opinions. Great. Every one of them has a different motive for wanting to pass, whether it is for their wifes sake, an obsession with the idea of passing, or simply wanting to be seen as the most dapper guy in a restaurant. As was the case for the first movie, the film is visually breathtaking. I THINK ITS GREAT. The candidates' emotions are mixed with hope and fear as their mentors give them one last impossibly hard round of situational testing in service and tasting, including an exercise in just how fast one can get a bottle of wine cold. I mean some of them obviously grow more than other ones. They are numerous and not parallel, which is irksome: In each chapter, Wise follows a formula. Copyright 2023 Apple Inc. All rights reserved. This article is a transcript of this conference call produced for The Motley Fool. We took even a double-digit price increase in countries that we've never -- we haven't taken a price increase in 10 years. They took a closer look. That way, everyone will have plenty of time to digest the news and update models before the call. Can you tell us what inventories were at the end of the quarter? It feels like the saddest moment of the film when he tries to explain that wine is meant to be enjoyed, not bought and sold like a commodity. Elsewhere among our big 4, the U.S. and Mexico were impacted by nonrecurring and overall sales force productivity as well as lower volumes due to price increases. I think it's for us is a learning and it's balancing. Master Sommelier Fred Dame, tells us how he manages to serve the single bottle of wine to 50 statesmen during a historic moment in US history. Looking forward to seeing you in three months. The film takes a look at how history has impacted wine, from the Romans, to Prohibition, to the World Wars and even current events such as the Napa Earthquake. In this way it is far more invested in everything wine than the first film, which was often more a foil for exploring ideas of passion, obsession, and what people do to excel whatever the field. The latest breaking updates, delivered straight to your email inbox. So sit back, open a bottle and enjoy as we take you "into the bottle" and back again. WHEN THEIR ANNE SHANNON WGAL NEWS 8. So that is one of the big headwinds that we're gonna have in 2023. Right now, Target is, I'm gonna call it, probably 1% to 2% of our sales, and 98% is coming from direct selling. Understood. So is that still in place, the comp plan change? Rent 4,99 Buy 11,99 Trailers Trailer Cast & Crew Cast Ian Cauble Yes. Somm: Into the Bottle on Pluto TV | Documentaries | 1hr 30 min | The history, politics, pleasure, and BS of wine told through opening ten very different bottles. I'll pass it. Mariela Matute -- Chief Financial Officer. During a practice tasting with a Master Sommelier, Ian Cauble becomes convinced that someone has switched his wines. We're in a good space. The history, the vintage, and the magic of these bottles are discussed by the best in the business. AFTER ALL THESE YEARS. How it is grown? They recognized the family's address and their own handwriting. Thank you very much. Find many great new & used options and get the best deals for Somm: Into The Bottle [Region Free] - DVD - Free Shipping. Review: The Pointless Battle of the Somm It's going better than their expectations and our expectations. THEY WERE BOUNCING UP AND DOWN THE CHAIRS WHEN THEY DONT HAVE TO SEE. Thanks for that. All told, they seem to have aged well. Good morning, everyone, and welcome to our fourth-quarter call. The story is told by his daughter who relates that her grandfather, Elio's dad, hardly spoke to his son after that change. When consumers have access to Tupperware products, they choose them. Common study techniques include tracing Internet maps for color-coding wine regions, making an absurd amount of flashcards, even Skyping with each other at 2:30AM for mock quizzes. AND WERE TALKING ABOUT THEM HERE ON NEWS 8. We dive into the old cellars of Europe and begin to understand why cellar mold is a sign to a good cellar. The films main characters, Ian Cauble, Dustin Wilson, DLynn Proctor, and Brian McClintic are introduced along with their various family members, wives, and girlfriends who all vouch for just how invested they really are in preparing for their Master Sommelier diploma. 1996-2023, Amazon.com, Inc. or its affiliates. The regular bottle goes for about $12K. It might be on our side. So basically, what we're doing differently this year and we started over in Q4 is that all of our promotions and all the promotional activity that we're doing, the prices that we're giving, and the incentives that we're giving to our sales force are also product that we have in inventory. The film also tackles wine as it intersects with politics, pleasure, world war, natural disasters, religion, and the age old question, Can a bottle be worth thousands of dollars or is it just great marketing? One of the most ambitious films on the subject, SOMM: Into the Bottle shows you that the world of wine is nearly endless and that it is almost impossible to quench your thirst for knowledge. I was 13.' Gross margins were up year on year in the fourth quarter for the first time in six quarters as the benefits from our pricing actions throughout the year began to be realized. Yes. This year, we're moving into new product categories. ), One grown-ass womans descent into the soul of the American teen on their home turf: the mall food court, The Next Era of American Fine Dining Is Here, Care of West Africa, Chefs are spotlighting their culinary heritage on tasting menus, at buzzy pop-ups, and at new restaurants across the country, Debbi Fields, the founder of Mrs. Fields, has been called both a "feminist American dream" and a "good-looking front" for a multimillion-dollar brand. I assiduously noted the many winemakers interviewed because to a man or woman, each seemed charming and dedicated and intriguing. We successfully launched national distribution in 1,900 Target stores in the U.S. in early October. He's launching some project called Viticole this year. "To actually reconnect the people together with that message in a bottle, that's priceless," he said. It would also allow us to jump right into Q&A on the call after brief introductory remarks. So as of today, we're confident that we will be able to operate without substantial doubt in 2023. A third film, SOMM 3, released in 2018. And the last chapter the Memory has an amazing story of Leon Panetta, dark lord muppet of the CIA, drinking a bottle of 1870 Chateau Lafite with legendary somm Fred Dame after killing Bin Laden from little CIA shot glasses. In addition to friends and family members, several notable sommeliers are interviewed, including Fred Dame, Peter Neptune, Michael Jordan and Geoff Kruth. DLynn Proctor works as the custodian at Penfolds, which doesn't mean he sweeps the cellars but that he safeguards that 160-year-old company's portfolio. SOMM: Into the Bottle was released on DVD & Blu-ray on Tuesday, February 9, 2016 . Before we get started, please note that beginning with the 2023 first-quarter earnings release, we will be changing our reporting schedule. Thanks for taking the questions. As we said in our last call, we look to spend an additional $100 million in rendering cost over the next three years. The Master Sommelier Diploma Exam", "The Team Behind the 'Somm' Films Launched a 'SommTV' Streaming Service", "What Wine Guys Can Teach You About Being Great", "Review: 'Somm': Wine, men and one brutal test", "Raise a glass for wine documentary, 'Somm', "Sipping and Studying, When the Subject Is Bottled", "Here's the 'Somm: Inside the Bottle' Exclusive Teaser Trailer", "New Wine Film 'Somm: Into the Bottle' Is Ambitious, Dangerously Selective", "Somm 3 film review: How it compares to the first two", "Wine, Food and Travel Streaming Service Somm TV Sets 2022 Programming Slate, Including Covid Documentary 'Saving the Restaurant', "Esquire Network Unveils 2015 Upfront Lineup Bolstering Original Programming with Five New Series", https://en.wikipedia.org/w/index.php?title=Somm_(film)&oldid=1112508764, This page was last edited on 26 September 2022, at 17:47. Crazy," Wire said.Frassetta and his wife, Marci, were happy to be a part of it all. Learn More, Tupperware Brands(TUP -14.27%)Q42022 Earnings CallMar 01, 2023, 8:30 a.m. IT WAS BERNARD MOORE. Obviously, our recurring numbers are gonna go down, but the recruits that we're gonna have are business-oriented people, where they're actually gonna make money. If you can remember, the first Somm film (2012) dives full force into the lives of four sommeliers as they struggle for the title of Master Sommelier. Geoff Kruth loves simple pairings like Muscadet and oysters They all spend 6- to 10-hour days tasting, studying flashcards, and speculating on each others sanity. Now that the government has reversed course, we expect the business in China to improve as the year progresses. And as we do that, it would take some time to match our tax structure to our countries where we are rapidly growing. Ian Cauble (from the 1st Somm film) opens his bottle of 1985 Elio Altare Barolo and tells us the story. Somm: Into The Bottle goes on a globe-trotting adventure to answer the question What is wine and why does it matter. The film is organized in 10 mini-stories that each explore a different fundamental facet of wine from the cellar to the table. The film studies the role of wine in human history and its relationship to the land. Thank you very much. Companywide, we closed 2022 with a max 18% lower active sales force than we did in 2021, which will continue to pressure the top line for our direct selling business. OK. Well, that's all I have here. Perhaps its because of the struggle. Donna Moore, of York County, was watching. While he leads on, Brian McClintic (from Somm 1) explains how even top experts on Burgundy (Bourgogne) will never in their life enter the cellar at DRC. Well, thank you very much for being with us this morning. No surprise, I guess. The candidates repeatedly assert that they have to know everything about wine, while the film jumps back and forth between wine makers in the United States, Italy, France, and Germany to illustrate that knowing everything about wine is virtually impossible. Unfortunately, just as Wise's interrogation of the sommeliers in the first film rang dead, so too do these. Get the Wine 101 Course ($50 value) FREE with the purchase of Wine Folly: Magnum Edition. So that was the other change we made. 53 /// 2020] I do apologize. "Everything that was said just started to add up. 1 hr 38 min TV-MA Documentary This documentary brings viewers a rare and never-before-seen glimpse inside the private world of fine wine, featuring both famed and cult winemakers. We have a plan to continue to produce EBITDA in this company and better EBITDA than the past year of 2022, plus cash generation from our working capital management, as well as our engineering plans that will produce near benefits in the years to come as we continue to rightsize this company and place Tupperware products in all the channels where consumers look for them. As far as the tax rate, obviously, was elevated, what's kind of the right way to think about the tax rate for 2023? They also begin practice tasting exams with current Master Sommeliers. [4] The chapters include The Winemaker, The Vintage, The History, The Wars, The New World, The Cost, The Barrels, The Point Scores, The Sommelier, and The Memory. The way we saw it is that when it opened up, obviously, a lot of people got sick, right? Korea is among the most advanced markets in the process of building an omnichannel ecosystem. Rent 5.49. We also expect the post-pandemic phase to benefit from increased consumer mobility, Many markets in Asia, particularly China, operate to the models where are reliant on consumer foot traffic. But can you just speak to your confidence in remaining in compliance with that and perhaps touch on some of the assumptions you have for the business that kind of underpins that confidence? WHAT? So we expect to continue to generate cash as a company, and then the bank agreement will now allow us to continue the turnaround plan for the year 2023. By opening some of the worlds most rare bottles of wine, the viewer will understand how a wine ages, what happens in a cellar and exactly what oak in wine means. Got it. It was a . So for our tax rate, we expect the tax rate to continue to be elevated. So we are still -- have plans to normalize the tax rate in the coming years. Yoon Ha thinks a basic hot dog is awesome with Beaujolais, and Madeline Puckette says Chili goes shockingly well with Spanish Cava. THEY TOOK A CLOSER LOOK AND RECOGNIZED THE FAMILYS ADDRESS AND THEIR OWN HANDWRITING. Kelli White inspects a glass of Mondavis first vintage: 1966. So Chasen, again, Miguel here. Doug Lane -- Vice President, Investor Relations and Strategy. We get to hear from some of the worlds top sommeliers about their favorite wine and food pairings. It was Bernard Moore," Christa Moore Wire said.They took a closer look. But the passage of time has rendered these characters much more interesting. Last spring, we hired a new CFO to help us better navigate our turnaround plans. If you agree, well also use cookies to complement your viewing experience across Amazon video services as described in our Cookie Notice. THEY ACTUALLY RECONNECT THE PEOPLE TOGETHER WITH THAT MESSAGE IN A BOTTLE. @WineFolly. 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