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Dartmouth Health ending telehealth services for rural hospitals
Dartmouth Health is ending telehealth services for emergency and intensive care that connected smaller hospitals to specialists during emergencies.
Small business suppliers meet manufacturers at 5th annual Small Business Supplier Summit in Huntsville
Small business suppliers met manufacturers at the 5th annual Small Business Supplier Summit in Huntsville.
Meet the scientists 3D printing corneas to restore people's vision, potentially filling a worldwide shortage of transplantable tissue
Corneal blindness affects millions of people globally, but donor tissue for transplants is in short supply. These researchers believe that 3D bioprinting can help close that gap.
Cameroon's President Biya returns after a long stay abroad raises health concerns
President Paul Biya has returned to Cameroon after more than two months abroad.
Cameroon's President Biya returns after a long stay abroad raises health concerns
President Paul Biya has returned to Cameroon after more than two months abroad.
Westcott Theater lawyer argues city’s entertainment license rules unconstitutional
Owner can occupy the building but licenses continue to be denied.
Westcott Theater lawyer argues city’s entertainment license rules unconstitutional
Owner can occupy the building but licenses continue to be denied.
NanoClaw comes to Slack, letting you create persistent AI agent teams and colleagues from a single message
The NanoClaw agents can work together in channels and shared Slack Canvases, and can be even messaged outside of Slack on other platforms like Telegram or WhatsApp, letting their human colleagues ping them across platforms.
Chiefs to Bring Backyard Sports-Inspired Gameday to Arrowhead Stadium for Preseason Matchup Against Seattle
Fans Can Enjoy Interactive Activations, Themed Content, and a Special Appearance by Recognizable Character Pablo Sanchez
The Apophis encounter in 2029: A rare opportunity for planetary science and defense
The near-Earth asteroid Apophis will make an extremely close flyby of Earth on April 13, 2029, at a distance of approximately 38,000 km—an event that occurs on average only once every 7,500 years, offering an unprecedented opportunity for planetary science and planetary defense. However, significant uncertainties remain regarding the physical parameters of Apophis, such as its shape, spin state, internal structure, and material composition, and predictions of tidal effects—including potential orbital changes, spin acceleration, surface material displacement, and dust ejection during the flyby—are highly dependent on model assumptions. Although multiple nations have planned exploration missions, how to coordinate global observational resources within the limited time window, optimize rapid-response mission architectures, and translate scientific understanding into effective planetary defense strategies remain critical challenges to be addressed.
KC contracting program for women and minority business owners ends
The city council repealed the program that steered contract dollars to minority- and women-owned businesses after the state sued.
PITTSTON TOMATO FESTIVAL: Special events and entertainment schedule
The Pittston Tomato Festival runs from 5 to 10 p.m. Thursday, Aug. 20; 3 to 11 p.m. Friday, Aug. 21; 11 a.m. to 11 p.m. Saturday, Aug. 22; and 11 a.m. to 8 p.m. Sunday, Aug. 23. Special events James Deice Memorial Tomato Festival Parade: 11…
Free business skills training offered to farmers, ranchers and food vendors
Business Launchpad accepting applications for the free nine-week training until Sept. 1
Janesville business owner arrested for allegedly selling illegal THC products
A Janesville business owner was arrested after a months-long investigation found the business was allegedly selling illegal THC products, according to the Janesville Police Department.
Missouri court allows new Trump-backed US House districts be used in November election
A Missouri judge has rejected bid to let voters decide whether to use new U.S. House districts backed by President Donald Trump.
Sea Aggie Researchers Make Evening Fun with Science on the Beach
“The environment is where we all meet; where we all have a mutual interest; it’s the one thing all of us share.” – Lady Bird JohnsonOn Galveston Island, beaches rank among the favorite environments to share and study, and, as Texas A&M University at Galveston faculty emphasized last week, are “More Than Just Sand.”A program subtitled “The Secret Life & Value of Sandy Beaches” drew more than 40 people to the Aug. 13 meeting of Surfrider Foundation Galveston, a local chapter of a nonprofit focused on the protection and enjoyment of oceans and beaches.The evening began barefoot with ecology lessons on the sand before moving across Seawall Boulevard for beverages, bites, and more beach talk at an area establishment. Drs. Guilherme Corte and Yasmina Shah Esmaeili show how a mesh bag is used as a sieve to separate organisms from samples of the sand. Credit: TAMUG Divisions of Marketing and CommunicationsNot far from where others were enjoying the attractions at Pleasure Pier, Drs. Guilherme Corte and Yasmina Shah Esmaeili introduced the ecologically curious to species living within the sediments.“When people hear ‘coral reefs,’ they immediately think of fish, live ecosystems, but when they think of sandy beaches, they think party, recreation, vacations – not coastal ecosystems,” said Corte, an assistant professor of marine biology in the College of Marine Sciences and Maritime Studies at TAMUG.Shah Esmaeili co-founded the Gulf eDNA Network and works with Corte in TAMUG’s Benthic Ecology Lab.“Sandy beaches are indeed great places for leisure and recreation,” Corte said. “Let’s keep enjoying them, because they are awesome. But they are also full of life that we most of the time don’t realize is there.”The married couple soon had the beachcombers measuring the slope with PVC poles, searching for ghost shrimp with a stainless-steel pump, sifting for marine worms and sand fleas, and guessing which species would burrow fastest back into the sand once released.Away from the sand, the focus turned to research from Drs. Ashley Ross ’03, ’10, and Virgie Greb, ’25 and those words from Lady Bird Johnson reminding people that the environment isn’t separate from their daily lives.“It’s about things that we value, mostly our communities, strong local economies, outdoor recreation, cultural connections, and our overall quality of life,” said Greb, a proud BOI – born on the island – Galvestonian, who now works in Austin as a project manager for the Texas General Land Office. “Along our coast, these benefits are deeply interconnected.”Greb and Ross, an associate professor in marine and coastal environmental science with the College of Marine Sciences & Maritime Studies, have studied a variety of ways beaches and the sea are important to Galveston and those who live there. Drs. Ashley Ross (left) and Virgie Greb (standing at right) field questions after their presentation. Credit: TAMUG Division of Marketing and CommunicationsIn 2023, using three survey methods – online for Galveston County residents, in-person at beaches, and paper distributed via city water bills – they collected 732 complete responses, 53 percent from residents and 47 percent from visitors.Most were frequent beachgoers who gave the recreation value of Galveston beaches a “B” and rated amenities such as restaurants, lodging, shopping, and beach access highly. Lower rated were water clarity and restroom facilities.“It’s noticeable that primary residents actually rate water quality higher; they’re more tolerant of hard, turbid water,” Ross said, crediting them with better understanding the natural conditions with the Trinity and San Jacinto Rivers bringing sediments and rich nutrients to the area around Galveston.Island residents also were more likely to understand that “clear” isn’t the same as clean beach water and to know that water quality is regularly tested. Clean means absent of disease-causing pathogens.“We need more education and outreach focused on water quality and the benefits of Galveston beaches and shores and water,” Greb said. “And it’s not just for tourism. There are a lot of people who are very lucky to live on an island with beaches and the bay.”
July wildfires contributed to $9.4 million decline in Cook County business sales, survey finds
For Cook County businesses, the July wildfires across northern Minnesota hit during the height of the summer tourism season, when businesses rely on a steady flow of visitors and revenue. A new survey estimates the fires, smoke, and related closures contributed to a $9.4 million decline in total sales compared with July 2025. The Cook...
California business owners, drivers fume at new tire regulations: 'Everything is going to hell'
Green Mountain Care Board cuts proposed 2027 health insurance increases
Health insurance rates are still going up, but the Green Mountain Care Board has significantly lowered the amount of the increases
Ventura County nurses and health care professionals to hold speak out to save Santa Paula Hospital
Registered nurses and healthcare professionals at Santa Paula Hospital in Santa Paula, Calif. and Ventura County Medical Center (VCMC) in Ventura, Calif., will hold a speak out at Ventura County's Board of Supervisors hearing on Tuesday, Aug. 18, to protest changes in services and possible closure.
Bally’s issues ‘going concern’ warning to investors
The warning underscores the financial pressures Bally’s faces while trying to finish its Chicago casino project and sparring with the city over video gambling.
SAPPHIRE unveils Radeon RX 9070 XT NITRO+ VCT CN 2026 edition
SAPPHIRE has another themed RX 9070 XT, this time based on the 2026 VALORANT Champions Tour. Pricing and wider availability have not been announced.
MLK Observance Day Association holds annual Business and Community Unity Luncheon
The annual MLK Business and Community Unity Luncheon was held in Savannah Saturday.
What the easyJet takeover means for budget travel
The Apollo takeover also has implications for the London market
Crestwood students excel at PA Junior Academy of Science
The Pennsylvania Junior Academy of Science held its annual state meeting May 17-19 at Penn State Main Campus, State College. The Crestwood Secondary Campus was well represented and its participating STEM students were quite successful, with…
As China Pushes to Expand in Asia, Trump Focuses on Iran
Asian allies are beginning to wonder whether the United States would or could defend them in a war.
$15M jury verdict after radiologist improperly places catheter, leading to patient death
Radiologist Barry Jeffries, MD, allegedly improperly placed a suprapubic catheter outside of the patient's bladder, worsening his chyle leak.
Google’s Gemini 3.7 Flash targets coding and agents with a 50% introductory price cut
Google's own results do not show 3.7 Flash universally displacing higher-priced competitors. They instead suggest a model that has become substantially more competitive in coding and agent workloads while occupying a lower price tier.
JVC Sees a Bigger Role for Projection in Modern Home Entertainment
JVC discusses 8K e-shiftX, native 4K D-ILA projection, Frame Adapt HDR, gaming features and the evolution of home entertainment.
How Lisa Demuth’s Republican rivals gave her a lane in the governor’s race
Plus: DFLers are winning the enthusiasm race.
Group sues AMA seeking transparency over Medicare billing codes
PatientRightsAdvocate.org says it wants to republish the proprietary billing codes that guide billions of dollars in health care payments.
WORLDWIDE WEDNESDAYS: The Rise of A.I. Entertainment
NewsChannel 7’s Alyssa Dutton and Emmett Rice sit down with Producer Evan Bendall to discuss the rise of A.I. entertainment
Why is climate action “easier said than done”? The key lies in the strong coupling between climate and society
A new Perspective in Science Bulletin argues that the persistent gap between climate science and climate action stems from a conceptual blind spot: treating climate and social systems as separate domains rather than as one integrated, co-evolving entity. The authors introduce the Climate-Social Coupling System (CSS) paradigm and, by re-contextualizing the classic Environmental Kuznets Curve, sort national trajectories into “strong,” “weak,” and “de-coupling” states, showing that governance is the decisive, reversible steering mechanism that determines a country’s climate future.
Niwot Incorporation Committee outlines business impact
The Niwot Incorporation Committee (NIC) held two informational meetings on Aug. 5 and Aug. 6 at Niwot Hall focused on how incorporation could affect local businesses. A total of about 30 people attended the two meetings. Opening the meetings, Tony Santelli, business vitality lead for NIC, said, "We're not here to convert you or to change you. We ju...
Rebecca Cooke Wins Democratic Primary for Key Wisconsin House Seat
Ms. Cooke, a three-time congressional candidate, held a huge fund-raising edge in a western Wisconsin race that Democrats consider pivotal to their hopes of flipping the House.
Zoom Annotation Flaws Could Let a Meeting Participant Hijack Another Attendee's Client
Zoom Annotation Flaws Could Let a Meeting Participant Hijack Another Attendee's Client | Read more hacking news on The Hacker News cybersecurity news website and learn how to protect against cyberattacks and software vulnerabilities.
Third macOS Golden Gate Public Beta Now Available
Apple today released the third public beta of macOS Golden Gate, allowing non-developers to test the software ahead of its fall release. You can sign up to test the update on Apple's beta website, and then download it by going to System Settings > General > Software Update and toggling on the macOS 27 beta. macOS Golden Gate includes the same Siri AI features as iOS 27 and iPadOS 27, but you get to Siri through Spotlight with a Command + Space keyboard shortcut.
Prisma Health addresses technology system connectivity issues
Prisma Health is addressing connectivity issues affecting some of its technology systems Tuesday.
Cardinal Health forecasts full-year profit above estimates on specialty drug strength
U.S. drug distributor Cardinal Health on Tuesday forecast fiscal 2027 profit well above Wall Street expectations after topping fourth-quarter profit estimates, driven by sustained demand for specialty drugs.
Deadline passes for Rep. Max Miller to be replaced on Ohio ballot as he faces domestic abuse claims
Embattled Republican Rep. Max Miller is staying in the race for his Ohio congressional district
'Furious' episode 5: Emmy Rossum on the 'whiskey waterboarding' sequence
FBI agent Alice Black is going deep on the "anti" side of "antihero."
How to improve employee retention: Strategies to boost engagement and reduce turnover
Watch this Quick Take with Yeo & Yeo’s Amy Cell to learn employee retention strategies that build engagement, strengthen loyalty and reduce turnover.
Opinion | The White House hopes AI replaces a lot of researchers
Basic scientific research gave the nation its technological edge. But the Trump administration is skeptical of the universities that do it.
Trump picks longtime aide Will Scharf as new top White House lawyer
The White House staff secretary replaces David Warrington, who is leaving for the private sector.
At colleges, the AI boom means everyone wants to dabble in computer science
Hiring for entry-level software developers has slowed, and college enrollment in computer science is declining. However, interest in artificial intelligence is growing among students from non-tech majors. Schools like VCU
Week-long Black-owned business celebration kicks off in Madison
Sunday the annual Madison Black Restaurant Week kicked off with a $5 food jamboree. Events will continue on Park Street throughout the week.
Low-interest disaster loans available to area small businesses, nonprofits
Local small businesses and nonprofits impacted by severe storms July 4 may apply for low-interest federal disaster loans to offset economic losses
Friday Sports: Red & Black host playoff game Saturday and more
Here’s a recap of your North Country sports this Friday.
Speeding driver plows through South St. Louis County sidewalk, foot from crashing into a business
St. Louis County Police said the incident happened around 2:40 a.m. Aug. 7. The driver admitted to speeding and losing control to officers on the scene, according to a statement from police.
Amanda Knox says new comedy show honors murdered roommate Meredith Kercher, as Kercher’s sister slams it
Amanda Knox has answered critics of her new comedy show. Here’s what the wrongly convicted woman says about ‘Cartwheel.’
The burnout crisis among cardiac CT specialists is getting worse
Six in 10 cardiovascular imagers report feelings of burnout, and many of them are thinking about leaving the field altogether.
GLVC Sports Network Announces 2026-27 Subscription Pricing, New Viewing Options
This academic year, GLVCSN will feature the introduction of a new sport-specific pass, discounted subscription opportunities, and continued all-access streaming packages.
Man with two swords threatens officers during Eaton Rapids mental health crisis
A man carrying two swords was taken into custody Wednesday morning in Eaton Rapids after police said he threatened officers while appearing to experience a mental health crisis.
Industry and academic leaders explore how engineering innovation is powering the next era of space science at the 46th COSPAR Scientific Assembly
Leading voices from across the aerospace industry and academia gathered in Florence, Italy for the panel titled "Engineering Innovation Enabling Scientific Research," examining how advances in engineering are unlocking new scientific missions and how ambitious science goals are, in turn, driving engineering breakthroughs. The panel, moderated by Alison Nordt, Director of Space Sciences & Instrumentation at Lockheed Martin Space's Advanced Technology Center, brought together six panellists to discuss the evolving relationship between space science and systems engineering: Marius Anger (Aalto University), Jon Arenberg (Northrop Grumman), Mayra Montrose (L3Harris), Giampiero Di Paolo (Thales Alenia Space Italia), Steve Squyres (Blue Origin) and Eric Stallmer (Voyager).
AI found a weakness in one of the world's most studied encryption systems — is your data under threat?
No, AI hasn't cracked the encryption protecting your bank account. But experts say Anthropic's latest research could change how tomorrow's cryptography is tested.
Windsor schools introduce pay-to-play sports fees after budget cuts
Students who want to play middle or high school sports in Windsor this school year will be required to pay a fee, following two failed budget referendums that forced the Board of Education to cut more than $200,000 from its athletics department.
Adventure Science Center in Nashville to host Phoebe Bridgers album listening party
Adventure Science Center will be holding a listening party for Phoebe Bridgers anticipated 3rd studio album, Lost Weekend.
Michigan health officials lift lettuce, salad greens warning as cyclosporiasis cases decline
Michigan residents can resume routine guidance on eating lettuce and salad greens, state health officials said Thursday, as cyclosporiasis cases begin to decline.
Apple Raises Trade-In Values for iPhone, Mac, and More
Apple today updated its U.S. trade-in estimates, raising values for most iPhone, iPad, Mac, and Apple Watch models and adding several Android phones to the list for the first time. As first noted by 9to5Mac, some devices gained nearly 30% in estimated value compared to the last update in May.
Butterfly lilies wing their way to Science
Many animals and plants show left-right differences in how their bodies or organs are arranged, but we still know little about how such asymmetries evolve or how genes control them in natural populations. Mirror-image flowers, in which female and male sex organs are deflected to opposite sides in left- and right-handed forms, provide a notable example of such asymmetry. Here, we studied South African butterfly lilies, where individual plants produce only left- or right-handed flowers. Their mirror-image flowers promote outcrossing by depositing pollen from each floral form onto a specific region of a pollinator’s body that matches the stigma position of the opposite form. This suggests that selection for efficient pollen transfer between forms maintains this natural polymorphism. Our work uncovers a hemizygous supergene that coordinates the left-right orientation of female and male sex organs in mirror-image flowers by linking two independently acting genes for style and stamen handedness in a single, nonrecombining genomic segment. This architecture ensures the coinheritance of a matched pair of organ orientations that is essential for efficient cross-pollination between floral forms. At the developmental level, we show that floral handedness emerges from the interaction between an intrinsic tissue chirality and a gravitropic response that orients the style and median stamen relative to gravity. Together, these findings reveal how a supergene, hormone and microRNA signaling, tissue chirality, and an external physical cue combine to produce and maintain a stable left-right polymorphism in natural plant populations.
Digital Science brings real-world research impact data into AI workflows with new Altmetric MCP
Digital Science has announced the launch of its Altmetric MCP, a new Model Context Protocol server that connects AI agents to Altmetric’s research attention tracking data.
Busy Baby, which became one of the faces of tariff woes, receives $50K tax refund
Oronoco-based importer Beth Benike said the money helps, but the tariffs caused long-term damage to the company.
Moorpark Approves Entertainment Zone: Two-year pilot program will allow public alcohol consumption on High Street during special events
The Moorpark City Council has approved Ventura County’s first “entertainment zone,” authorized by Senate Bill 969, allowing people to drink alcoholic beverages on public streets, sidewalks or public rights-of-way under
Plymouth Kielbasa Festival: Entertainment schedule
The 22nd Annual Plymouth Kielbasa Festival will be held Friday, Aug. 7, and Saturday, Aug. 8. The festival, hosted by Plymouth Alive in downtown Plymouth, will be held from 11 a.m. to 11 p.m. each day and will include food and craft…
Bella Thorne’s ex taught her ‘how to be an adult’ amid hard times with mom
Bella Thorne credited ex-boyfriend Gregg Sulkin for teaching her key parts of adulthood at 18 after she moved out of her mom’s house.
Plans, renderings shared for 335-acre entertainment, arts and education district in Gardner
Velocity Arts unveiled plans and an initial rendering for a 335-acre district in southwestern Johnson County.
Scientists turn one of the world's most hated plastics into premium lubricant
Polyvinyl chloride, or PVC, is among the most common plastics on the planet but also one of the hardest to recycle responsibly. In a new study in Nature, scientists describe a method to strip chlorine from PVC and convert the remaining material into synthetic lubricant-based oils that perform competitively with commercial products.
Virginia Institute of Marine Science calling for seafood industry to participate in wind energy survey
The Virginia Institute of Marine Science (VIMS) is calling on the seafood industry to participate an upcoming survey about potential offshore wind energy
UPS rolls out pickup upgrades for small business shippers
The enhancements give customers more control and information when using options like Smart Pickup, a UPS executive said.
DHS Science & Technology Directorate Is a Strategic Asset
Brooks Consulting's Chuck Brooks, a GovCon Expert, examines how the DHS Science & Technology Directorate drives homeland security innovation.
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(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.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.
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The Streaming Bubble Keeps Popping
(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.) One of my rules is “never bet against PE [private equity]”. This isn’t to say that I agree with their methods or tactics or strategies or financial innovations (aka shenanigans). Just that in the long arc of financial history, they’ve tended to return very good returns to their shareholders. That said, their forays into entertainment have left me...skeptical. I’ve written before about PE’s production company/celebrity production company roll ups, and those haven’t really worked out. Some PE groups tried to “roll up” an industry that isn’t “roll-up-able” for lack of a better term—since the barrier to entry for starting a production company is very low—often paying top dollar for celebrity production companies at the height of streaming valuations. So yeah maybe we can bet against PE when they venture into filmed entertainment. I’ve also noted that studio lots seemed to be a bubble back in 2022. Sure enough… Yikes! That sure sounds like some private equity guys lost some money. The only caveat being that holding a lot of land in Los Angeles is always valuable. But that wasn’t the pitch and likely real estate investment companies overpaid for said land. I mean, Goldman Sachs had to repossess it after all. (Technically, I’m not sure these buyers were traditional private equity, but PE was buying LA studio lots earlier this decade.) All to say: I call out bubbles when I see them, and they often pop. Anywho, my most famous bubble call was the “streaming bubble”, specifically that the major streamers were making too many shows and films. And that it could all come crashing down. Notably, I made this call before the strikes of 2023, but those strikes potentially accelerated the popping. And now it has indeed popped. One of my most popular articles of last year made that exact case. A year later, it’s time to update that analysis. The bottom line is that the streaming contraction continues. Credit where credit is due, Luminate—an analytics company whose data I use weekly in my streaming ratings report—called this out in a recent report I saw highlighted in both Bloomberg and The Hollywood Reporter. But I’m adding my data to their look, including streaming films and kids TV shows. I’ll also provide some other data that all tells the same picture. Let’s dive in! Subscribe The Number of Streaming TV Shows, Films and Specials Is Declining AGAIN in 2026 Let’s get right to the data, starting with my dataset. Specifically, each week I track every “notable” title to come out on streaming. I try to grab every title on every major streamer, meaning if it’s a first run or original or exclusive, I track it. This helps me call out the “dogs not barking” and the misses/flops each week. So that will be our first series of charts, my weekly collection data. Let’s start with the raw TV show, film and special data, by week. Note: As the years have gone by, I have actually added more sources (going from just one source to five sources) to find new titles, meaning that this data collection is, likely, more accurate now than in the past. Which means my team and I are more likely to have undercounted titles in the past rather than today. I like to cut the data several different ways. Here’s that same look, by quarter, to more sharply show the trends: And here’s the data just looking at the first half of each year. That’s the same data, just cut three different ways with three different time periods. Note that films, TV shows, and specials are all down by 25%, 42% and 17%, respectively, from 2022. The good news is that the number of films and specials actually increased year-over-year from 2025 to 2026, but not enough to offset the 25% decline in TV shows. Now, I also look at kids shows, and here they are pulled out on their own: And here’s that by quarter: This really seems to be a notable area of pullback by the streamers. Kids shows are down 80% from 2022. This reflects some formerly Disney+ shows going to cable TV first, but also pullbacks from HBO Max, Prime Video and Netflix. I also categorize the TV shows by English language and non-English language, and that also reveals a lot of where the drop comes from: And here is by the half-year: In this look, the good news is the drop for English language shows seems to have stabilized in the last year. But the bad news is the long term decline from the 2022 peak. Other Data So I wasn’t the only person to notice this decline in the number of shows. I have a few other data sources for this, though most only go through the end of 2025. As I said, Luminate beat me to the punch, so let’s look at their data. We’re just getting started with this issue, but the rest is for paid subscribers of the Entertainment Strategy Guy, so if you’d like to find out… What TV loss streaming didn’t make up for... How Netflix has changed their programming slate over time… Ten more images charting the decline of production... What type of films aren’t being made anymore... The good news (for movie theaters)… And more... ...please subscribe! We can only keep doing this great work with your support.
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