Inside the Lawsuit Threatening Rent the Runway’s $1 Billion Business

Photo Illustration by Lyne Lucien/The Daily Beast/Getty

When CEO Brittany Johnson heard that fashion brands were refusing to sell to her clothing rental startup FashionPass because they had entered into exclusive agreements with Rent the Runway, she felt “almost flattered.”

“[I thought] ‘Whoa, Rent the Runway actually sees us as a competitor? This is crazy!” Johnson told The Daily Beast.

After all, Rent the Runway is a heavyweight in the fledgling industry of clothing subscription services. The model allows customers to book an outfit for a day at a fraction of the retail cost, and return the piece after wearing it once. Just this week, Forbes reported that Rent the Runway, which was founded 10 years ago, had hit $ 1 billion in valuation.

Read more at The Daily Beast.

Got a tip? Send it to The Daily Beast here

The Daily Beast — Fashion

BEST DEAL UPDATE:

Get ready to pay more rent, even as home prices cool off

Home prices may be cooling off right now, but rents are heating up yet again. After taking a breather in 2018, rents for both single-family homes and multifamily apartments are now rising at the fastest pace in nearly a year, according to Zillow.
Real Estate

BEST DEAL UPDATE:

Easily Sell Your Home With ForSaleByOwner! A Home Sells with ForSaleByOwner Every 44 Minutes!

Rent the Runway and West Elm are betting your next comforter will be a rental

Rent the Runway has transformed the way people think about buying — and owning — clothes. Now RTR has announced a partnership with Williams-Sonoma's West Elm brand to allow subscribers to rent soft home decor, including quilts, blankets and pillows.
Media

BEST DEAL UPDATE:

Watch COPA anywhere with Univision NOW – On Sale Now!

10 Questions to Help You Decide Whether to Rent or Buy a House

Buying a house has long been the American Dream—a dream preceded by years of working saving, and renting. But if you make that transition from renter to buyer prematurely, you could end up having trouble making ends meet once you finally have that house. Even worse, you could face foreclosure. If you’re currently renting but considering making the leap to homeownership, the following questions will help you determine whether you’re ready to buy a house. If you answer “no” to any of the following questions, renting may be your best bet—at least for a little while longer.
Bob Vila : Trusted Home Renovation & Repair Expert

BEST DEAL UPDATE:

Chad Johnson Saves Random Twitter Follower From Eviction By Paying His Rent

Chad Johnson is making headlines this weekend for a good deed.

The athlete began by asking everyone how their Friday was going, but ended up saving a follower from eviction by paying his rent on the spot.

See how it all unfolded over Twitter below:

He then showed Chad the notice (which has since been deleted) and Chad came through.

Incredible.

The post Chad Johnson Saves Random Twitter Follower From Eviction By Paying His Rent appeared first on lovebscott – celebrity news.

lovebscott – celebrity news

BEST DEAL UPDATE:

‘Some Like it Pop’ (?) Episode 5.1: The Good, the Bad, the Emotional of ‘RENT: Live-ish’

Listen Here: Hello Pop Culture RENT heads! On this episode of what may or may not still be called “Some Like It Pop,” after nearly 11 months, Matt Tamanini and Jennifer McHugh get back to podcasting because one of their shared favorite musicals was broadcast semi-live on national television. As only read more
BroadwayRadio

LOIT DISCOUNT UPDATE:

LOIT logo banner

Fox’s Pre-recorded Rent: Live Never Lit Its Candle

There are plenty of reasons not to stage a live, nationally televised performance of Rent in 2019. Though inspired by the timeless Puccini opera La Bohème, the 25-year-old story hasn’t exactly aged well—a relic of an era when HIV was presumed to be a death sentence; when selling out was a sin (rather than an impossibility) for young artists; when pop culture rarely made space for LGBT identities; and when a playwright could get away with making two straight, white men the heroes of a show about gentrification and AIDS. Rent’s first screen adaptation, from 2005, flopped, despite reuniting most of the original Broadway cast. Meanwhile, in a reality that would have disturbed Rent‘s DIY-or-die characters, broadcast networks’ recent enthusiasm for live musicals has been more effective at getting viewers to watch TV in real time than at producing good art. To paraphrase the show: This is network television. Bohemia is dead.

But there was a more pressing reason why Fox should have thought twice before airing Rent: Live on Sunday: Toward the end of Saturday’s dress rehearsal, Brennin Hunt, the actor who played the central role of rocker and recovering addict Roger Davis, broke his right foot. There was no understudy. So, instead of postponing the event it had been hyping for months, the network showed mostly dress rehearsal footage—a decision the cast explained in a confusing video that preceded the first commercial break. (At least, I think it was the first break. Full disclosure: I missed the opening 10 minutes of the show due to a brief, mysterious Fox outage that was reported throughout the New York City area.)

Like most musicals, Rent has a simple plot: It’s Christmas in the early 1990s. Roger and his introverted filmmaker roommate Mark (Disney channel alum Jordan Fisher) are desperate for rent money after a run-in with their sellout pal-turned-landlord Benjamin Coffin III (actor and R&B artist Mario), who’s cut their electricity. The racially and sexually diverse bohemian population of their East Village neighborhood rises up in an extremely artsy protest against such greed. And over the year that follows, the guys and their friends have life-shaking encounters with love, sickness and loss.

That story doesn’t leave much room for confusion, yet if I hadn’t known it going in, the jittery cuts, dizzying camera angles and abbreviated spoken dialogue that plagued Rent: Not-So-Live might’ve lost me. Hyperactive editing rarely allowed for a moment’s pause for reaction shots or to let songs sink in. A swooping Steadicam killed the emotional impact of the show’s most melancholy number, “Will I?” Though the relatively sparse stage did improve upon the 2005 film’s bizarre approximation of Alphabet City, its sprawl made for some whiplash-inducing production numbers. Well-intentioned educational asides about the AIDS crisis and about Rent’s creator, Jonathan Larson, who died suddenly on the eve of its Off-Broadway premiere in 1996, detracted from what was happening between the characters.

The cast wasn’t entirely right, either. Kiersey Clemons has won raves for playing characters who are young and still figuring things out in movies like Dope and Hearts Beats Loud. But the 25-year-old actor didn’t have the gravitas of older performers who have played lesbian lawyer Joanne. RuPaul’s Drag Race star Valentina gave her all to the role of Angel—an exuberant drag queen who has Rent’s most wrenching arc—but didn’t have the voice to do justice to tough songs like “Today 4 U” and “I’ll Cover You.” Perhaps because the cast was saving its strength for a live show that barely happened, the only vocal performance that equaled that of the Broadway cast came from Brandon Victor Dixon, the Tony nominee who played radical philosopher Tom Collins. (There’s no matching Idina Menzel, who originated the role of flamboyant performance artist Maureen, but Vanessa Hudgens deserves lots of credit for nailing the character’s big “Over the Moon” solo.)

The transition felt more jarring than it should have when Sunday’s airing finally went live for the final few numbers, as though the actors had abruptly shifted out of autopilot. The return of the Broadway cast for a final “Seasons of Love” reprise added another jolt of energy, even as it heightened the sense that Rent had aged out of relevance and into the realm of nostalgia. And though Hunt did remarkably well for a guy with a freshly broken bone, it wasn’t right that he had to sit on a table with a giant cast on his foot for the duration of his climactic scene. In fact, it was unfair to the whole cast that Fox aired this slapdash substitute for a show about artistic integrity. We’ll never know whether a genuinely live version would have come closer to preserving the urgency of Larson’s beloved musical, but it certainly would’ve had a better excuse for showing so many seams.


Entertainment – TIME

ENTERTAINMENT DEAL UPDATE:

‘Rent Live’ goes pretaped after star breaks foot

TwitterFacebook

No day but today.

Sunday night’s performance of Rent on Fox was forced to go with pre-taped footage for a majority of the show, following star Brennin Hunt (Roger) sustaining a broken foot toward the end of yesterday’s dress rehearsal.

About 10 minutes into the high-energy show, Fox aired a message from the cast, which includes Vanessa Hudgens and Brandon Victor Dixon, noting Hunt’s accident and explaining that they would be forced to use primarily taped footage from the dress rehearsal (which was recorded in front of its own studio audience). 

More about Broadway, Rent, Entertainment, and Movies Tv Shows


Entertainment

BEST ENTERTAINMENT DEALS UPDATE:

Original Broadway Cast of RENT Will Make RENT LIVE! Appearance

There are just a few days until the latest batch of bohemians step into the iconic shoes of Jonathan Larson’sfamily of friends in Rent Live. But according to some exciting new social media posts, it seems Broadway’s original cast will also take part in the live event.
BroadwayWorld.com Featured Content

BEST DEAL UPDATE:

VIDEO: Anthony Rapp Discusses Kevin Spacey, RENT LIVE With BuzzFeed News

On tonight’sPROFILE by BuzzFeed News, host Ashley Ford sits down with actor Anthony Rapp to discuss what has changed since he came forwardexclusively toBuzzFeed Newswith allegations of sexual assault against Kevin Spacey in October 2017 and his response to Spacey’s bizarre Frank Underwood video, his role as the first openly gay character onStar Trek Discovery, and his thoughts on the upcoming television production ofRent Live.
BroadwayWorld.com Featured Content

BEST DEAL UPDATE:

This $1,300 smart crib that rocks your baby to sleep is now available to rent

Dr. Harvey Karp, author of "Happiest Baby on the Block," built a high-tech crib that can soothe a baby to sleep with the push of a button
Health and Science

U.S.HEALTHCARE UPDATE:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL DONATION REQUEST UPDATE:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!