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NVIDIA Announces Five-Year Commitment to U.S. Science Research
NVIDIA on October 8, 2026, announced commitments valued at $1 billion to build out U.S. capacity for super intelligence research and development over the next five years, in fields the company described as critical for U...
Trump to award science medals to Elon Musk and others
Almost all of the award recipients or their companies have donated to either Trump’s campaign, his inauguration fund or the White House ballroom project.
Trump to award science medals to Elon Musk and others
Almost all of the award recipients or their companies have donated to either Trump’s campaign, his inauguration fund or the White House ballroom project.
Mr GameShow turns Venice game nights into Suncoast business
Founder Andy Geremia joined Suncoast View to talk about the company's game show events
“Unfinished business” for Max Verstappen – Has Red Bull finally fixed its Singapore weakness?
Verstappen acknowledges that Red Bull is better in low-speed corners in this F1 season, although questions remain over its handling of bumps and kerbs. Isack Hadjar, however, sees no reason why Red Bull should not be competitive under the floodlights
Disney Believe: Homeport, maiden, venues, shows announced for new cruise ship
Disney Cruise Line’s newest ship will sail out of Fort Lauderdale by the end of 2027, the company announced during a livestream event Wednesday. The Disney Believe, the cruise line’s
XBOX Unveils New Movies, TV, Live Entertainment Unit – CSO Matthew Ball Says It Aims To Be ‘Number One Entertainment Company In The World’
XP will combine activities into four businesses: XBOX Pictures, XBOX Products, XBOX Places and XBOX Partnerships.
NVIDIA Announces $1 Billion Commitment to Advance U.S. Science, Quantum Computing and Super Intelligence Research
NVIDIA commits $1 billion to enhance U.S. scientific research and leadership in super intelligence and quantum computing over five years.Quiver AI SummaryNVIDIA has announced a $1 billion commitment over the next five years to advance super intelligence research and development in the U.S., focusing on key areas like quantum computing, healthcare, and energy security. This announcement was made during the Science: A New Golden Age event in Washin
Amazon’s new Alexa Tablets are an iPad-inspired reboot, complete with the Play Store
After more than a decade of ignoring Google's app store, Amazon is finally bringing real Play Store support to its rebooted tablet lineup.
Article in Top Science Journal Endorses ‘Nature Rights’
The authors try to sell their radical proposal by comparing it to past efforts to redress injustices against humans.
Florida woman charged in $330K fraud case targeting Hanover business’ bank account
A 41-year-old Florida woman is facing felony charges in “an elaborate computer fraud scheme” that left a Hanover County business out $330,000.
PepsiCo CEO Ramon Laguarta: We would not split snacks and beverage business
Ramon Laguarta, chairman and CEO at PepsiCo, joins 'Squawk on the Street' to discuss the company’s latest earnings, how consumers are faring amid high inflation, and more.
I’m a personal trainer. This compact dumbbell set is the best addition to my home gym
If you want to step up your strength training at home, snag this compact set at a deal
South Korean shipbuilders face potential mass strikes
South Korea’s shipbuilding industry faces mounting headwinds as wage and collective bargaining talks continue, with HD Hyundai Heavy Industries Company Ltd. and Hanwha Ocean Company Ltd.
Support for businesses taking public stances on issues drops: Gallup
Americans’ support for businesses taking public stances has dipped, according to a new poll, as many companies have curried favor with President Trump during his second term. Forty-seven perc…
Cal AI's 19-year-old founder just raised $10M for his new AI startup
Zach Yadegari, the teen co-founder of popular Cal AI calorie tracking app, has launched a new personal AI agent startup that competes with Instinct, Muse and Bee.
GenScript Launches Life Sciences Startup PitchFest with NVIDIA to Accelerate Biotech Innovation
/PRNewswire/ -- GenScript Biotech Corporation today announced the GenScript and NVIDIA Life Sciences Startup PitchFest, a global competition for startups...
Idaho health insurance premiums see big jump for 2027
The Idaho Department of Insurance (DOI) released its 2027 rates for Individual and Small Group Health Plans on the health insurance exchange, with both going up by an average of 12%. “Despite national pressures and ongoing medical inflation, Idaho’s health insurance market remains highly competitive and stable,” Director Dean Cameron said in a news release. […]
Google releases a new local-first Granola competitor
Google’s new AI Edge Foresight app takes on Granola with an offline meeting note-taker that can transcribe conversations, generate notes, and answer questions using on-device AI.
Cyabra Secures Enterprise Agreement With Fortune 500 Media And Entertainment Company
Cyabra Inc NASDAQ:CYAB:
A Fortune 500 media company will use Cyabra to track online manipulation
Cyabra will deploy its platform for marketing, communications and security teams to track campaigns and distinguish organic activity from manipulated content.
Cyabra Secures Enterprise Agreement with Fortune 500 Media and Entertainment Company
Enterprise agreement with a global media and entertainment leader expands Cyabra’s commercial footprint, delivering AI-powered narrative intelligence to...
Skydance CEO David Ellison: AI is going to transform every part of the business
CNBC’s David Faber and David Ellison, Skydance Chairman & CEO, and Ynon Kreiz, Skydance co-CEO, join 'Squawk Box' to discuss Paramount's $110 billion acquisition of Warner Bros. Discovery, what to expect from the new combined entity, the decision to bring Ynon Kreiz on board, future of the company's linear, streaming and movie businesses, integration of AI, and more.
The Weather Company and Health Action Alliance Join Forces to Strengthen Business Preparedness Amid Weather's Increasing Impact
/PRNewswire/ -- The Weather Company, the world's leading weather provider, and the Health Action Alliance (HAA), the nation's largest employer network at the...
Verana Health and Bitfount Collaborate to Simplify Prescreening for Ophthalmic Clinical Trials
/PRNewswire/ -- Verana Health®, a digital health company dedicated to revolutionizing patient care and clinical research through real-world data (RWD), has...
The Weather Company and Health Action Alliance Join Forces to Strengthen Business Preparedness Amid Weather's Increasing Impact
/PRNewswire/ -- The Weather Company, the world's leading weather provider, and the Health Action Alliance (HAA), the nation's largest employer network at the...
Is Flutter Entertainment (FLUT) Cheap As Leadership Changes Test Its 44% Undervalued View?
Flutter Entertainment (NYSE:FLUT) is back in focus after chief legal officer Don Liu resigned at the end of September, with group company secretary Edward Traynor stepping in as interim legal head from October 1. Amid that leadership change, Flutter Entertainment’s US$75.85 share price has had a difficult period, with the 30 day share price return down 24.23% and the year to date share price return down 65.25%. Over the past year, the total shareholder return has fallen 69.17%, indicating...
Sami Inkinen, Virta Health CEO: A Fortt Knox Update
Virta Health CEO Sami Inkinen said the company posted its first-ever profitable quarter — Q2 2026, on cash-flow and EBITDA — after a post-2021 down round, part of a "Project Independence" push to self-funding. In conversation with Jon Fortt, he casts GLP-1 drugs as a tailwind: with nutrition, Virta says patients lose a third more weight (20% vs 15%) and sustain 85% of the weight loss a year after stopping, saving ~$5,600 per diabetes patient yearly. Virta serves ~800 employers and plans.
Trump makes last-minute pitch in San Antonio after upending the GOP map
President Donald Trump rallied supporters in San Antonio as Republicans work to shore up several competitive races across Texas, including Ken Paxton's U.S. Senate bid and Carlos De La Cruz's campaign in the newly redrawn 35th Congressional District.
Fidelis Care Earns 4 Stars in NCQA's Medicaid Health Plan Ratings 2026
/PRNewswire/ -- Fidelis Care, a statewide health plan with more than 2 million members in New York State and a Centene Corporation company, announced today its...
Solera Health Launches Cancer Care Network to Connect Members to Digital Cancer Screening, Supportive Care and Treatment Navigation
Network pairs Iris by OncoHealth® and Fuze Health to support members across their journey, from early detection through care navigationPHOENIX, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Solera Health, the premier digital health delivery company creating flexible solutions to seamlessly connect people to on-benefit care via health plans and employers, today announced the launch of its Cancer Care Network, which connects health plan members and employees to Iris by OncoHealth for supportive care and treat
Amazon overhauls aging devices lineup with higher priced Alexa tablet, dumping the budget Fire
The company said the Alexa tablet's improved speed and performance, artificial intelligence features and upgraded design warrant a higher price tag.
Latham guides on entertainment powerhouse acquisition
The acquisition brings together two of the world’s best-known media and entertainment companies under one brand.
Wesley completes recovery, set to start vs Como
Roma is preparing for the restart of the season with some good news for Gian Piero Gasperini. Wesley has overcome the muscle problem he suffered during the international break and will be available fo...
Phibro Animal Health honored with Governor’s Bioscience Award
Company has maintained a significant presence in Nebraska since acquiring Baltzell Agri Products mineral nutrition business in 2009.
How Joule Work and SAP Business AI Platform Are Powering the Next Generation of Business AI
Joule Work and the SAP Business AI Platform provide an out-of-the-box competitive advantage for the AI era.
Open science is compatible with research security, says Canada’s chief science advisor
Open science is “not incompatible” with research security and science leaders and policymakers should “demystify” the false dichotomy between the two, according to Mona Nemer, Canada’s chief science advisor. More than a decade ago, EU policymakers were promoting open science, open innovation and open collaboration across the world. It was a political movement that aimed to make scientific research, data, software, publications and methodologies transparent, accessible and reusable for everyone.But that rhetoric has changed over the past few years. After Russia invaded Ukraine in 2022 and Donald Trump came back to power in 2025, international partnerships have become more pragmatic. Countries are trying to implement protectionist policies and governments are increasingly worried about technology espionage. According to Nemer, science can remain open if the sector can come up with improved security protocols that would protect research data from undue manipulation by foreign actors. “If anybody can fiddle with the with the data, then [open science] is actually quite dangerous and quite useless,” she told Science|Business. Universities and research institutions are increasingly vulnerable to attempted espionage and other types of foreign interference. In September, the UK’s domestic counter-intelligence service MI5 issued a security warning against collaborations with the China General Technology Research Institute. And earlier this year, Germany’s Helmholtz Center for Information Security was criticised by federal research minister Dorothee Bär, who told a parliamentary hearing that “existing rules and systems” at the institute “were not suitable” for preventing leaks to China. According to Nemer, universities and research institutions should perhaps follow the example of the private sector, as companies have been able to safeguard their research while still publishing results. “I think that there is a level of research security hygiene that researchers and institutions need to just adopt,” she said. “You don't have to tell Sanofi or IBM how to safeguard their research, which they end up publishing anyway.”While certain areas of research will not be open for collaboration with certain partners, in other areas cooperation is necessary even with researchers based in adversarial countries. “I stress this because politics change,” she said. “Science and politics don't make for good fellows, and whether we like it or not, politics will influence certain things.”Researchers will play an important role in “protecting the integrity of science,” said Nemer. “I think that it's time that there's a commitment to a certain scientific compact, so that citizens don't think that science is actually an open door for espionage and for anti-nationalism.”New partnershipsNemer spoke with Science|Business on the margins of the Hamburg Science Summit on September 17, the day when Canadian Prime Minister Mark Carney called for increased cooperation with the EU, including in science and technology. Canada is looking to strengthen ties with partners in other corners of the world, after the Trump administration threatened to put tariffs on Canadian goods and services and even openly suggested Canada could become the 51st state. In parallel, the US government has indicated it wants to retreat from international science projects, including US collaboration with Europe’s CERN particle accelerator and other big science labs.Related articlesThe stats we need to better understand R&DCanada looks to deepen research and education links with the EUCan researchers trust that AI models won’t leak their ideas?Nemer said the US is still a science “powerhouse,” but Canada and Europe will have to work closely together on global challenges. “It’s important for both [sides], but I think it's also important for the rest of the world, because the cut in funding for development, in health, in regions like Africa and other places, have dramatic effects.” The Trump administration is also planning a review of the Nelson memo, a Biden-era document that mandated that results of federally funded research would be openly available. With that idea being called into question, Nemer said it could be “very disruptive” to scientific collaborations and could jeopardise research on climate change, the Arctic and global health. “When your collaborator suddenly tells you I'm not going to share the data with you as a researcher, if this happens, I think it's very worrisome,” she said. “I'm certainly hoping that a lot of the Canadian institutions, funders, researchers, have started looking at joining forces on databases and using more European research infrastructures,” Nemer added.
XCF Global stockholders approve proposed business combination with DevvStream and Southern Energy Renewables
XCF Global Inc. on Oct. 6 announced that XCF stockholders have approved the proposals necessary to complete the previously announced business combination involving XCF, DevvStream Corp. and Southern Energy Renewables Inc.
Introducing Air Canada Embarq, a New Self-Serve Business Travel Platform for Canadian Small and Medium-Sized Enterprises
New Air Canada for Business platform helps companies manage, optimize and reward business travel from one convenient platformAir Canada partnered with ZS, a global management consulting and technology firm and Traverse, powered by ARC, to deliver the technology to support Air Canada EmbarqAir Canada is putting business travel management tools and benefits that have traditionally been used by large enterprise customers directly in the hands of Canadian small and medium-sized businesses and non-pr
Bears-Packers Rivalry Explodes as Both Sides Trade Shots
Ben Johnson wanted to revive Bears-Packers. Mission accomplished. For years, the NFL’s oldest rivalry had been defined largely by Green […]
What is attribution science? The critical climate research that Big Oil would rather you didn't believe in
How an emerging field of research is fueling a major Supreme Court case that may hold fossil fuel companies liable for climate change.
Taylorville Memorial Hospital’s Community Health Survey Open
Taylorville Memorial Hospital is collecting responses for its triennial Community Health Survey and encourages community members to participate. Those living in Christian County and Nokomis are welcome to complete the questionnaire. It’s available through the end of October and in both paper and online formats. […]
Google Cloud Gives Business Focus to Modernization
Google Cloud is simplifying enterprise modernization with an AI-driven, end-to-end approach that can shrink complex business-case processes from weeks to minutes.
Study finds simulation game helps students grasp complex health economics concepts
In Phillip Zane's classroom, students weigh an invitation to jump out of an airplane. The skydiving lesson and jump are free, and the exercise assumes there is zero risk of death. But an injury could ...
Hilo bowling alley, entertainment complex plan moves forward
Hilo could once again have a bowling alley.
Idaho deserves a competent lawyer and politician for attorney general
An attorney general can have personal views on political issues but cannot ethically inject them into legal advice or court. | Opinion
Cybersecurity firm, also North Augusta Small Business of the Year, marks 25 years in the CSRA
Founder Russell Wyatt started PC Techware in 2001, fixing home computers across Augusta. Today, the company serves businesses throughout the CSRA as an all-commercial cybersecurity and IT provider.
‘Political chameleon’: How Mark Zuckerberg charmed Trump and got his way on AI
It was a triumphant moment for Mark Zuckerberg. He sat at the center of last month’s White House AI meeting, with the CEOs of some of the biggest tech companies in the world signing onto a document he crafted for how to “self-police” and attempt to manage serious AI safety risks. After the meeting, Zuckerberg called it “historic.”
The Math Singularity Is Here, and Science May Be Next
OpenAI has released an extraordinary body of mathematical work produced by an unreleased frontier model: 722 manuscripts spanning 372 research families across fields including number theory, complexity theory, and mathematical physics. Each result required, on average, the equivalent of roughly three hours of ChatGPT Pro reasoning. A New Era of Discovery We may be witnessing the beginnings of a “math singularity”: a point at which machine-generated discovery accelerates beyond humanity’s ability to independently reproduce, verify, or fully absorb it. If frontier models can generate hundreds of meaningful results in the time it takes a human researcher to investigate one, the constraint will no longer be producing new mathematics. It will be our capacity to validate, interpret, and integrate it. This does not make mathematicians obsolete. It changes their role. They may increasingly serve as guides, critics, and meaning-makers. Increasingly, they will decide which questions matter, determining which results can be trusted, and explaining why they are important. Mathematical insight may become abundant, while human judgment becomes more valuable than ever. Mathematics May Be Only the Beginning Every scientific discipline could eventually experience a similar acceleration. AI systems could generate and test hypotheses, connect findings across specialized fields, and explore possibilities at a scale no human research community could match. In medicine, imagine models identifying overlooked disease mechanisms, designing drugs and clinical trials, personalizing treatments, or discovering cures in months rather than decades. In materials science, AI could help create better batteries and cleaner industrial processes. In climate science, it could accelerate advances in energy, forecasting, and carbon removal. In biology, it could uncover relationships hidden across enormous genomic and molecular datasets. The result would not simply be faster research. It could expand the frontier of what is scientifically possible. The New Bottleneck Scientific discovery, however, is not the same as scientific progress. A medical breakthrough must still survive laboratory testing, clinical trials, regulatory scrutiny, manufacturing constraints, and real-world deployment. As machine-generated ideas multiply, the bottleneck may shift from producing breakthroughs to validating them safely and translating them into practice. We may soon have more hypotheses than laboratories can test, more drugs than clinical trials can evaluate, and more mathematical results than experts can review. That imbalance will require better systems for automated verification, reproducible research, prioritization, peer review, and collaboration between AI and domain experts. The importance of OpenAI’s work is not merely the number of manuscripts produced. It offers a glimpse of a world in which intelligence can explore thousands of intellectual paths in parallel. If ideas cease to be scarce, humanity’s defining challenge will be deciding which are true, which matter, and how to turn them into progress. The math singularity is not the end of human inquiry. It is the beginning of a new kind—one in which machines expand the frontier of knowledge and humans decide where it should lead. Subscribe Share Leave a comment
The ‘WarGames’ Problem: Computer Science Has Long Understood What it Takes to Keep AI Under Control
AI agents don’t go rogue. That’s something only humans do. Nevertheless, a New York Times article – representative
IMS has helping farmers use water efficiently down to a science
CASA GRANDE — Whether he’s standing in a cotton field analyzing irrigation systems or compiling a report, Eddie Enriquez and his team spend their days focused on helping farmers work
Meta VP: AI in advertising and the rise of single-person billion-dollar company
Businesses must stop using AI to optimize old processes and start reimagining how they compete.
PENN Entertainment, Inc. (NASDAQ:PENN) Stock Has Average Target Price of $23.94 According to Analysts
Shares of PENN Entertainment, Inc. (NASDAQ:PENN - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twenty ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating an
Anthropic and OpenAI are keeping other companies on the IPO sidelines
Everyone's waiting for Anthropic to go public. Buying the stock is another story.
The 2026 science Nobels went to decades-old discoveries
Optogenetics, IceCube and the Soai reaction all waited two to four decades for the call from Stockholm
Dodgers, Brewers meet again in second straight NLCS
If the Dodgers are going get back to the World Series to finish off their third consecutive championship, they’ll have to travel the same path as in 2025 to complete their trek through the National League. The Dodgers will play the Milwaukee Brewers in the NLCS beginning Sunday night, October 11 at American Family Field […]
Food major Kido enters entertainment sector, seeks new growth after ice cream divestment
Kido Group, Vietnam's leading food company, is expanding into media, entertainment and commerce through its AIRO ecosystem and A&M joint venture with YeaH1, as the group gradually exits its ice cream business, which has been a significant contributor to its profit from joint ventures and associates.
Margaret Hamilton, whose software helped land Apollo 11 on the moon, dies at 90
Pioneering computer scientist led the development of the software for Nasa's Apollo mission and was awarded the Presidential Medal of Freedom.
How Machines and Magnets Taught Science a New Way to Explain the World
A new historical analysis argues that cognitive science and statistical physics independently converged on a shared simulative methodology, the synthetic method, as the only viable path to understanding complex systems.
Amazon cuts fewer than 1,000 jobs across teams, Business Insider reports
Investing.com -- Amazon confirmed a new round of job cuts on Wednesday, primarily in its Stores division, adding to the company’s workforce reductions even as it ramps up spending on artificial intelligence infrastructure.
Wednesday's Connecticut high school sports roundup: Comp Sci boys soccer beats International
A look at the Connecticut high school sports scene for Wednesday, Oct. 7, 2026.
Pokémon Ruby & Sapphire Switch Port Rumours Resurface Following Pokémon HOME's Latest Update
Two GBA games were made compatible this week
Despite Blowback From Ohtani Comments, Travis Hunter was Almost Right
Jacksonville cornerback Travis Hunter was once knocked by comparing himself to the LA superstar
US grants Aurora exemption for self-driving trucks safety feature
The U.S. Transportation Department said late Wednesday it approved a five-year exemption for Aurora and other self-driving trucking companies from rules that require drivers to place warning devices around a stopped truck.
Arkansas Children’s Northwest completes major expansion
Arkansas Children’s Northwest in Springdale completed an $82.7 million expansion, adding 15 inpatient beds and 50,000 square feet of new space, and renovating 23,000 square feet. On Wednesday (Oct. 7),...
Ryan Smith launches survey in search for 'strong local vibe' at SLC entertainment district
With two-thirds of the Delta Center's renovation now complete, the owner of the Utah Jazz and Mammoth is now shifting his attention to a planned district east of it.
Margaret Hamilton, trailblazer whose software powered Apollo 11 moon landing, dies at 90
MIT computer scientist led development of software for moon mission and earned Presidential Medal of Freedom
Margaret Hamilton, trailblazer whose software powered Apollo 11 moon landing, dies at 90
MIT computer scientist led development of software for moon mission and earned Presidential Medal of Freedom
Seattle market owners worry ICE activity is hurting business
The owners of Mendoza’s Mexican Mercado, a 15-year staple along Seattle's Aurora Avenue, say sales have dropped 30% compared to last year as fear of U.S. Immigration and Customs Enforcement activity keeps customers away.
Young Bridgeport scientists learn by doing
BRIDGEPORT – Bridgeport Middle School’s eighth graders at John Martin’s Engineering and Science Technology class are learning the ropes as young scientists and engineers. They have completed their latest project, a wave machine where pendulums swing in a precisely calculated pattern. His classroom and lab is in the Bridge, the new multipurpose facility which opened […]
Fire destroys Clymer barn, business
CLYMER – Fire destroyed a tarp business and barn on Ravlin Hill Road in Clymer on Tuesday – though the family’s home was saved. Firefighters from six area volunteer fire departments responded to the fire around 5 a.m. after Clymer firefighters called for mutual aid. Surrounding departments, starting with the Stanley Hose Company from Sherman, […]
Cat-powered 'Therapod' visits Westwood, sharing mental health benefits of felines
In between classes, third-year sociology student Veronica Rodriguez spent her Tuesday afternoon petting a Maine Coon cat inside a carpet-lined box. Purina, a pet care company, held the Cat Chow Cats As Therapy Project event at Wilson Plaza on Tuesday and Broxton Plaza on Wednesday to highlight the mental health benefits of cats.
Live Nation Entertainment Announces Pricing of Private Senior Notes Offering
/PRNewswire/ -- Live Nation Entertainment, Inc. (NYSE: LYV) (the "company") today announced that it priced an offering of $730,000,000 in aggregate principal...
SpaceX is a real company, with real numbers and real business, says Jim Cramer
'Mad Money' host Jim Cramer takes a look at Goldman Sachs' recent price target change on SpaceX and what is behind it.
‘What happens inside these walls matters’: Hinds Community College leaders mark opening of new Health Sciences Complex
The college broke ground on the project two years ago.
Who Won August and September: Original Films or Franchises?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) I just heard someone say that if you’re reading a pundit or data analyst, and they don’t tell you that they got anything wrong, they’re not a pundit but an “influencer”. I agree with that. You have to tell your audience when you get things wrong, or they won’t (or shouldn’t) trust you as much. Today, we’ve got another edition of “What I Got Right, What I Got Wrong”. In general, I’m patting myself on the back (and patting very hard) about a few things like IP at the box office, LIV golf, horror films, crowdfunding movies, superheroes, and old people going to the theaters. That said, I also made a couple of data mistakes on the streaming bubble popping and HBO’s datecdotes, so I’m not perfect. But first, I need your feedback... Subscribe Follow-Ups: What Should We Call Mid-Budget Movies Which Aren’t Cinematic Enough for Theaters But Are Too Expensive to Make Money on Streaming? After I asked for feedback on what we should call straight-to-streaming films that are too big to pencil out on streaming but not really big enough to resonate in theaters, I got some great suggestions from you all, including... “Moldilocks” from John Aboud “Little Big Indie” from Travis Frick1 “Midflicks” from Jonathan Funke. “Extra-Medium” from Jona Nwuke. (Read the explanation in the footnote.) Between these and Brandon Katz—who suggested “Bermuda Budget Triangle”, “The Platform Gap” and “The Distribution Deadzone”—we’ve got some excellent suggestions. And they’re better than my suggestion, the “Streaming Budget Dead Zone”, so let’s take a poll! The winning entry becomes the new term. Loading... RIGHT: LIV Golf is Fully Bankrupt…Is Anyone Else Next? A few years ago, I was always a bit perplexed at all the articles I’d read praising LIV Golf and their strategy to disrupt the PGA. LIV Golf, a brand new professional golf league, offered PGA stars ten times what they made on the PGA Tour to join their new league. And folks praised this strategy for its initial “success” in that a lot of big names did indeed leave the PGA. Yeah, of course the players came over. LIV Golf paid them so, so, so much more! But LIV Golf hadn’t discovered a way to increase potential revenue. So think about this in basic business terms… They paid much more in costs… …but had no real way to increase revenue. That’s not a strategy! That’s deficit financing. It won’t work unless you bankrupt the competition (and then turn around and pay those same golfers much, much less). It’s not a sustainable strategy and only lasts as long as the company/person/nation backing it decides they’re cool with losing money. For LIV Golf, that meant Middle East oil wealth, in particular Saudi Arabian money. Clearly, the current Iran War has hurt Middle East finances, so they need to trim their more exorbitant spending. And LIV Golf was part of that trimming. This should be a major warning for others. TGL’s parent company, TMRW Sports, just got a $1 billion valuation, despite TGL’s (the indoor golf league) horrible TV viewership of less than half a million viewers per match. Unrivaled, the women’s basketball league, just secured a $650 valuation, despite its horrible TV viewership and a new rival (Project B) entering the scene next year. To relate this to streaming, Hollywood should ask which streamers may have wealthy patrons funding their losses. (Let’s be clear: Google, Amazon and Apple.) Could those patrons lose their appetite? For Amazon, probably not. But Apple has a new boss, so maybe! WRONG: My Analysis of the Streaming Bubble Was Missing a Week I’m going to be congratulating myself a lot today, but I make mistakes too, like this data goof. When I last compiled the data on the decline in TV shows, I was missing one week at the end of June. If you look at the first image, you can see that one week was mislabelled as “July”. Mainly, this image got updated to show a 27% decline, not 29%: This change doesn’t really impact the overall analysis, but it is two percent better. By the way, through the third quarter, the decline increased and it’s now a 30% decrease since 2022. (I’ll write/visualize this in an upcoming article.) But I want you to trust me and my data. Especially these days, when many people are using LLMs that I know are inserting faulty data into their charts, I want to keep earning my audience’s faith. So that’s the accurate data. RIGHT: IP Remains Very, Very Popular In July, I wrote a giant (and I mean giant) article on Backrooms, Obsession, and the box office, going over what we know, what we don’t know about what works in theaters, looking at YouTubers, IP, the horror genre, comic book movies, and a whole lot more. The month of August really tested a lot of my theses and, being honest, mostly supported my arguments. Let’s start with IP. Looking at 8-Aug (the weekend after Spider-Man: Brand New Day came out) to 18-Sep (the weekend that Resident Evil came out, which I think provides a nice bookend to this time period), there were seven films based on pre-existing IP: Resident Evil (2026) ($126 million) Practical Magic 2 ($65 million) _Insidious: Out of the Furthe_r ($65 million) Coyote Vs. Acme ($59 million) Paw Patrol: The Dino Movie ($53 million) Tony ($15 million) Super Troopers 3 ($7 million) Compare those to the notable original films from the past month—I actually could have included more movies, but here are just thirteen, bringing us to an even twenty films—including.... The End of Oak Street ($54 million) Buddy ($26 million) Mutiny ($15 million) By Any Means ($15 million) The Dog Stars ($14 million) Runner ($14 million) One Night Only ($11 million) Hope ($8 million) Spa Weekend ($7 million) The Uprising ($6 million) Teenage Sex and Death at Camp Miasma ($6 million) Onslaught ($3 million) Eli Roth’s Ice Cream Man ($2.8 million) Here’s that in chart form: Five of the top six films in this time period were all based on IP. I made a big chart of films that grossed over $200 million at the box office before Spider-Man: Brand New Day and The Odyssey hit theaters. Let’s update that chart! By the way, if you want to see how I categorized each film—so another bar chart—here it is: I know that many of my fellow critics/pundits/analysts dislike films based on IP and how Hollywood is making so many of them. And I’m sympathetic to this point of view. As I’ve written many, many times before, you need a balance between existing franchises, new IP, and original films. And Hollywood clearly needs to make more films like Resident Evil (a well-made film from a visionary director) and fewer Practical Magic 2’s (which didn’t get critical or customer buzz). But at some point, critics and pundits need to contend with what audiences are telling them: Movie-goers aren’t showing up to original films. Audiences are speaking with their dollars, telling you they want more IP and franchises. You can try to convince studio heads to make fewer IP-based films and franchises, but the data and numbers aren’t there. Instead, critics need to work harder to convince audiences to show up for original films. Aim your ire/concern at the average person, not studio heads.2 Because they’re just making the films that audiences are telling them to make. WRONG: Original Horror Films Didn’t Break Out I’ll be honest, even though I wrote an article casting some skepticism on the horror genre in July, if you asked me to make a prediction, I would have predicted that, in August, a new, original horror film would have blown up. No, seriously, I just assumed that Obsession and Backrooms presaged a change in audience behavior. But none of the buzzy new original horror films from August—Teenage Sex and Death at Camp Miasma, Onslaught (not an action film in spite of the ads), The End of Oak Street, Eli Roth’s Ice Cream Man, or _Buddy—_broke out. To be clear, exactly one of those films (Buddy) had good “ROI”, but again—I try to be specific in my language—none were “popular” in any broad sense of the word. None of them will be “saving” movies theaters like Backrooms or _Obsession_helped save the summer. The new Insidious film and Resident Evil, both based on IP, were far and away the biggest horror films since July. (We’ll see if this changes in October/Halloween season.) RIGHT: Stay Skeptical about Crowdfunding... I’ve long been skeptical about crowd-investing platforms as one of Hollywood’s saviors, mainly because there’s so much hype/buzz. People need to stay more skeptical about more things, explaining both the potential upside but also the downsides. In particular, the media often hypes crowdfunding at the start and never checks in on the actual results after they’ve come in later. And August gave us our first update! _Ice Cream Man—_directed by Eli Roth—grossed $6 million off of a $5.5 million budget. This is a production of The Horror Section, which was one of the first “crowd investing” studios with 2,400 investors, which means that 2,400 investors probably lost money. They certainly aren’t getting as great of returns as if they had just invested their dollars in the stock market. Hopefully Stiletto (Tagline: “Someone’s Going to Make it Rain Blood!”) does better next month. WRONG: Another Data Goof Here’s another data error. When the first episode of House of the Dragon came out, HBO put out that it had 21.5 million viewers in the first three days, and I read that to mean in the US…but no, it was global. So my US-only datecdotes charts shouldn’t have included it. We never got US-only numbers for the first episode, but for the final episode, HBO put out that it had 11 million US viewers. (And that global dropped to 21 million viewers.) Here’s the updated chart (which I’ve since used in the Streaming Ratings Report): Still, this show is absolutely huge. RIGHT: Superhero Films Remain Very, Very Popular After Supergirl flopped, I read a few takes that “comic book movies are going the way of the Western”. Post-Spider-Man: Brand New Day, that take didn’t age well. To be fair, I have a very nuanced take on the superhero genre right now; it’s down right now, for a lot of reasons. But it’s not “dead”. Maybe _Spider-_Man is just a really popular character? I saw that take, and it’s a fair counter-argument. (But pundits arguing that superhero movies were dead should have mentioned this $1.5 billion counter-argument…) But is it just Spider-Man? The next Avengers film already has $50 million in pre-sales (and I was skeptical that that film would do well) and the Avengers: End Game re-release topped the box office two weekends ago (over three original films). And I wouldn’t bet against Batman or Superman. So maybe it’s just Spider-Man, Batman, Superman and the Avengers. Oh, and Deadpool, of course. And Black Panther. And Wolverine. And probably the X-Men. Plus a well-made Wonder Woman or the Hulk film could break out. But that’s it! It’s just those ten characters/teams. Oh, what’s that? Lanterns is also doing well on HBO? (See previous section…) To be fair, I’m actually pretty sympathetic to the argument that more popular characters—like Spider-Man and Batman—anchor more popular films. In fact, I made that exact argument three years ago when I first wrote about the “Marvel-cession”. In many ways, you can blame The Guardians of the Galaxy for fooling Marvel Studios (and the rest of us) into believing that any character could pop. It turns out, the list of iconic characters is probably smaller than most people think. But it’s probably too early to say that superhero films and comic book movies are dead unless “death” means a slight decline over a longtime. RIGHT: Who Killed Theaters? Old People I get frustrated whenever I see headlines or analysis about how young people are “returning” to theaters. As I’ve detailed(for years), young people have always powered the US box office, despite narratives about “kids these days” and their “phones”. Really, what’s changed post-2020/pandemic is that old people aren’t going to the movies nearly as much. This summer, I saw a movie (from an older director) in a theater near a retirement community, and multiple older people at the theater were talking about how this was their first time seeing a movie in years. I dislike personal anecdotes, so YouGov can fill in the data, best summarized by this headline: “Who killed movie theaters? Not the youths”. According to them, 64% of people aged 18-29 have seen a movie in the last year, but only 30% of 65-and-older. 20% of 18-29 have seen a movie in theaters in the last week and 42% in the last month. Here’s the polling data: Most concerning? Many Americans (17%) think theaters are a worse or much worse experience than watching films at home. Slight WRONG: Hadestown Opens Big A live theater capture of the Broadway musical, Hadestown, made $20 million at the US box office, which begs the question: was I wrong to be skeptical about musicals a few years ago? Yes and no. On the one hand, $20 million is a far cry from being “popular”, so yeah, the genre isn’t that popular overall and Hadestown is one of the more popular musicals from recent years (i.e. the “Taylor Swift Data Fallacy” in action). On the other, I doubt filming this cost all that much, and I don’t think that they spent much on marketing, so this is a good source of ancillary revenue. Smaller Updates WRONG: As I mentioned in a Streaming Ratings Report, I underestimated the budget for Enola Holmes 3. It probably cost more like $50 million, if not more. But... I’m not sure that it really matters? At sub-10 million hours, prices have to come down to make this work. WRONG: Netflix is giving Ink a 27-day in theaters! To quote the kids/YouTubers these days, let’s go! Now I might actually have a chance to see Danny Boyle’s latest in theaters. I’d complained about this in a “Coming Soon” section, but I was heartened to read that Netflix is giving multiple films longer theatrical windows this year. RIGHT: Netflix is sending 4-5 films per year to theaters. Netflix is slowly but surely sending more and more films to theaters, as I cautiously predicted earlier this year. For now, it’s just three big films and a number of awards contenders, but still, this is great news. And they’ll be releasing box office grosses! Just this week, Ted Sarandos confirmed that KPop Demon Hunters 2 will come to theaters (and my guess is it performs in the box office top ten at a minimum). WRONG: Angel has 3 million subscribers! How do I know this? Well, they told Deadline, who reported it. I marked this as “wrong”, since they’ve doubled their subscribers in one year but, you know, they don’t really have a hit film to speak of and they’re still losing money. WRONG: Furious was only renewed for one more season. I accidentally wrote “two more seasons” in my latest “Renewals, Cancellations, Un-Orders and Removals Update”. RIGHT: House of David is ending with its third season. In July, Prime Video renewed House of David for a third season, as I just wrote in my latest “Renewals and Cancellations” report. Well, now it’s ending after that third season. Why? As I’ve been writing, its viewership wasn’t great. I got feedback that this show didn’t cost very much, but it cost enough that its limited viewership didn’t save it. WRONG: Adults was a Hulu original! So I missed Adults when it first came out last year; I saw that it aired on FX and just assumed that it was a linear-first program. Turns out, it aired three episodes on FX, but binge-released the rest of its episodes the next day on Hulu. Huh. So I should have covered it last year! But I just wrote about it. 1 “When I was a kid in the 90s, if you wore a t-shirt to school that wasn’t too big and also wasn’t too small, but somehow didn’t quite fit, we’d say you were wearing an “extra-medium” shirt.” 2 As always, a huge exception is Disney, which barely makes anything original anymore.
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