The Curse of La Llorona, also known as The Curse of the Weeping Woman, is a horror film released in 2019. The movie is based on the Mexican folklore legend of La Llorona, an apparition of a woman who mourns the loss of her children and seeks revenge by capturing and drowning other children. When it comes to the reception of the movie, the reviews on Rotten Tomatoes have been mixed. Rotten Tomatoes is a popular website that collects reviews from professional film critics and provides an overall rating based on the percentage of positive reviews. As of writing this note, The Curse of La Llorona has a rotten rating of 31% on Rotten Tomatoes, indicating that the majority of critics did not find the film to be enjoyable. Some critics have praised the film for its atmospheric setting, tense moments, and the performance of its lead actress, Linda Cardellini.
Jollibee is investing $100 million — an 80% stake — in a holding company that will acquire 100% of Coffee Bean. Viet Thai International Joint Stock Co. will take a 20% stake. Jollibee said it also plans to issue shares worth at least $250 million in the holding company within six to nine months and plans to take the company public within five years.
, best known locally for its restaurants eclectic menu and smiling bee mascot, picked up struggling Los Angeles-based chain Coffee Bean Tea Leaf in a 350 million deal. Last year, Jollibee acquired Denver-based Smashburger and invested in Mexican fast-food company Tortas Frontera, founded by celebrity chef Rick Bayless.
Some critics have praised the film for its atmospheric setting, tense moments, and the performance of its lead actress, Linda Cardellini. They appreciate the way the film brings the Mexican folklore to the screen and creates a haunting atmosphere that keeps the audience on the edge of their seats. However, there are also many critics who have criticized the movie for its lack of originality and predictable plot.
Coffee Bean & Tea Leaf Acquired by Philippine Restaurant Group Jollibee
Philippine food giant Jollibee Foods Corp., best known locally for its restaurants’ eclectic menu and smiling bee mascot, picked up struggling Los Angeles-based chain Coffee Bean & Tea Leaf in a $350 million deal.
The acquisition shifts ownership of the Southern California institution overseas while providing a foothold for Coffee Bean’s expansion in Asia, where the brand is gaining popularity.
Founded in 1963 with a store in Brentwood, debt-laden Coffee Bean has struggled to compete in the $12 billion U.S. coffee shop industry, which is dominated by Seattle-based Starbucks Corp. and Canton, Mass.-based Dunkin’ Donuts.
“Whenever an L.A.-raised company is bought that’s not good news for us,” said Stephen Cheung, president of World Trade Center Los Angeles.
“But on the flip side, it’s created such a brand name internationally that it gained the interest of a brand like Jollibee,” Cheung added. “It’s a sign that L.A.-based companies continue to have a global recognition and dominance.”
In July 24 filings with the Philippines Securities and Exchange Commission, Jollibee said it entered into an agreement to buy 100% of the Coffee Bean & Tea Leaf brand, owned by International Coffee & Tea. The deal is expected to close in 60 days.
Jollibee is investing $100 million — an 80% stake — in a holding company that will acquire 100% of Coffee Bean. Viet Thai International Joint Stock Co. will take a 20% stake. Jollibee said it also plans to issue shares worth at least $250 million in the holding company within six to nine months and plans to take the company public within five years.
A representative for Coffee Bean declined to comment on the deal.
Analysts say that even as the coffee franchise market flourishes, companies like Coffee Bean are at a disadvantage.
Despite its popularity, the coffee chain logged $21 million in losses last year, even as it raked in $312 million in revenue, according to Jollibee filings.
“While there is a large number of small coffee store franchises, they struggle to compete with the market power of Dunkin’ and Starbucks, which together dominate coffee sales at the retail level,” analysts with research firm IBIS World Inc. wrote in a report earlier this month.
“Coffee store franchises are becoming increasingly concentrated in the hands of fewer owners, as large, well-capitalized franchisee networks that own hundreds of stores play an expanding role,” the report said.
Jollibee founder Tony Tan Caktiong thinks he can turn the U.S. chain around. Caktiong said in a statement that strengthening Coffee Bean’s brand in Asia, where it has 336 stores, is his top priority. He estimates that the addition of the coffee shop brand will add 14% to Jollibee’s global sales and help bring the company closer to its vision of being “one of the top five restaurant companies in the world.”
Last year, Jollibee acquired Denver-based Smashburger and invested in Mexican fast-food company Tortas Frontera, founded by celebrity chef Rick Bayless. But the Coffee Bean acquisition is the largest to date for Jollibee.
Cheung, who began tracking Coffee Bean in 2011 as it entered the Asian market, said he saw it quickly take off. “A few years later when I was back in Seoul, I saw imitations popping up around them,” he said.
Still, he added, “More recognizable brands like Starbucks are still dominating these markets.”
Manufacturing, retail and trade reporter Rachel Uranga can be reached at [email protected] or (323) 556-8351. Follow her on Twitter @racheluranga.
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They argue that The Curse of La Llorona follows the formula of typical horror films, relying on jump scares and clichéd horror tropes instead of offering a fresh and innovative perspective on the genre. Furthermore, some critics have expressed disappointment with the film's pacing and character development. They felt that the story and the characters were underdeveloped, resulting in a lack of emotional connection with the audience. In conclusion, the rotten rating on Rotten Tomatoes suggests that The Curse of La Llorona did not live up to the expectations of many film critics. While some appreciated aspects of the film, such as the atmospheric setting and the lead actress's performance, others found it to be lacking in terms of originality and character development. Ultimately, it is up to individual viewers to decide whether or not they find the film enjoyable..
Reviews for "The Curse of La Llorona: How Rotten Tomatoes' Score Impacted its Box Office Performance"
- John - 1/5 stars - I was really disappointed with "The Curse of La Llorona." The storyline was predictable and felt like a rehash of every generic horror movie. The scares were cheap jump-scares that didn't really build any tension. The characters were also poorly developed, making it hard to care about their fates. Overall, it was a forgettable and lackluster film.
- Sarah - 2/5 stars - I had high hopes for "The Curse of La Llorona" based on the trailers, but unfortunately, it didn't live up to my expectations. The plot was convoluted and never fully explained, leaving me confused and uninvested in what was happening. The acting was decent, but it couldn't save the weak script. The scares were also lacking, relying too heavily on loud noises and sudden movements. It's a shame because the legend of La Llorona has potential, but this film failed to do it justice.
- Mike - 1/5 stars - I found "The Curse of La Llorona" to be extremely disappointing. The film lacked any real depth or substance, and the scares were repetitive and uninspired. The jump-scares were predictable and didn't provide any genuine fright. The characters were also poorly written and made questionable decisions that were hard to overlook. Overall, it felt like a wasted opportunity to explore an interesting folklore tale. I would not recommend this movie to anyone looking for a quality horror film.