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Southwest Airlines is courting business travelers with a new offering: Here's everything you can get out of it
The new Business Priority program, available in early 2027, means more flexible options for frequent corporate fliers.
Rep. Chuck Edwards drops reelection bid after censure recommendation for sexual harassment claims
The House Ethics Committee said there is "substantial reason to believe" Rep. Chuck Edwards violated House rules related to sexual harassment and hostile workplaces. Edwards denied any wrongdoing.
Saudi wealth fund and Jared Kushner's Affinity finalize $55 billion EA Sports deal
EA said its stock has ceased trading and will be delisted from the Nasdaq. Its shareholders will receive $210 in cash per share.
He posted about this controversial medical test. Then came the backlash
Andrew Huberman's recent comments about full-body MRIs sparked a new wave of controversy. Here's what happened.
He posted about this controversial medical test. Then came the backlash
Andrew Huberman's recent comments about full-body MRIs sparked a new wave of controversy. Here's what happened.
The #1 Cooking Oil for Heart Health, According to Nutrition Experts
Based on scientific research and expert consensus, extra-virgin olive oil is the healthiest oil for your heart, since it’s rich in antioxidants and healthy fats.
Scientists discover the brain cells that keep you motivated
A group of brain cells called orexin neurons appears to help us keep working when reaching a reward becomes increasingly difficult. Blocking their activity weakened motivation in rats, pointing to a possible new target for understanding why people sometimes struggle to sustain goal-directed behavior.
As iPhones get more expensive, T-Mobile launches new 3-year plan
While claims of a $1,399 starting price for the iPhone 18 Pro may be exaggerated, there’s no doubt at all...
New York seeks to block sharing data of millions who receive social service
More than 20 states sued the Trump administration on Monday to block it from getting wide access to the personal information of millions.
Health advice is a click away on social media, but doctors caution against trusting "SickTok"
Doctors are finding they are faced with questions about health advice from social media, but they caution that you can't always trust what you find.
House Democrats targeting 12 new GOP-held districts, including Lauren Boebert and NRCC Chair Richard Hudson's seats
Critics deride US administration's 'golden age of science' report
The document comes as the administration looks to cut the science budget for 2027
CVS blows past estimates, hikes guidance as insurance unit continues to improve
CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.
Elanco Animal Health Reports Second Quarter 2026 Results
Raising Full Year Outlook and Innovation Target, Improving Year-End Net Leverage Ratio Target Second Quarter 2026 Financial Results: Revenue of $1,368 million,...
Are Americans Actually Getting Dumber? Here's What We Know About The Reverse Flynn Effect
The full story is complicated.
Progressives and moderate Democrats both see wins in primary races while Trump flexes power over GOP
Everyone got a little bit of what they wanted in Tuesday's primary elections. It was a good night for the Democratic establishment, the progressives and Republican candidates endorsed by President Trump.
TikTok Videos Coming to Disney+ in Deal Between Companies
Creators on TikTok will get access to Disney photo and video assets if they opt-in to the program, with their videos living on both platforms.
I Think My Brother Is Trying to Steal the Family Business. My Parents Refuse to Get Involved.
I want my share.
Some businesses in New Castle County getting a tax double-check
New Castle County has to check some assessments on some businesses, and here are some of them getting another look.
Rep. Chuck Edwards withdraws reelection bid
"I will complete my current term," the U.S. House representative said Wednesday morning on social media.
Rep. Chuck Edwards withdraws reelection bid
"I will complete my current term," the U.S. House representative said Wednesday morning on social media.
Nicotine pouches can be marketed as 'lower risk' than cigarettes. Is that dangerous?
The FDA allowed some Zyn nicotine pouches to be marketed as "lower risk" than cigarettes. Public health experts agree they can help current smokers, but worry young people may become addicted.
Newcastle captain to hold Arsenal medical after £75m fee agreed
Arsenal have agreed a fee for the signing of Bruno Guimaraes, with details of the deal emerging and the player receiving permission from Newcastle United to hold a medical.Photo by Jan Kruger/Getty Im...
Official | Bayer Leverkusen seal Miguel Gutiérrez capture
Bayer Leverkusen have officially confirmed the signing of Spanish left-back Miguel Gutiérrez from Napoli. The 25-year-old has signed a contract through 2031 and will wear the No. 3 shirt for die Werk...
Hamer and defensive upgrades - fan views on transfer business
The three we currently have at the club are not of Premier League quality, so it is important to bring in a player with proven ability, so strengthen in this position. Ian: Get Gustavo Hamer's deal done. It will be a good squad player, and then we need a left-back and a centre-forward will be essential.
Hamer and defensive upgrades - fan views on transfer business
The three we currently have at the club are not of Premier League quality, so it is important to bring in a player with proven ability, so strengthen in this position. Ian: Get Gustavo Hamer's deal done. It will be a good squad player, and then we need a left-back and a centre-forward will be essential.
MasterCraft Brings CarPlay And Android Auto To Its Pontoon Boats
If you're searching for an on-water nav app that also includes tunes, WhatsApp and other apps, there's finally a solution.
CVS Health enhances its direct-to-consumer weight management offerings to improve access, affordability, care and support for GLP-1 medications
CVS Health® today announced a revamp of its weight management program, making it easier for eligible adults to access clinical care, navigate medication costs and get ongoing support for GLP-1 therapy.
Opinion | Trump’s NSF cuts would undercut gold standard science
Trump says he wants better science, but his NSF budget would weaken reform.
Steelers QB Aaron Rodgers Gets Called Out by NFL Coaches
A new league-wide survey revealed what NFL coaches believe is Aaron Rodgers' biggest issue entering the Steelers' season. The post Steelers QB Aaron Rodgers Gets Called Out by NFL Coaches appeared first on HEAVY.
Schrager: New York will regret going into the grocery business
The market, as I have noted before, is a small miracle. All these people come together — sellers, buyers, go-betweens — with different preferences, needs and resources, and they manage
The Pixel 10 gets the spotlight in Google's August update
It fixes several GPU-related issues
Fruit flies and other health violations revealed in Ann Arbor
Washtenaw County health inspectors cited several Ann Arbor restaurants for food safety and cleanliness violations.
Capital One dismissal bid puts Trump's JPMorgan Chase "political debanking" lawsuit in sharper focus
New filing in Trump's Capital One case spotlights the challenge of proving political bias when banks can broadly close accounts at their discretion.
White Sox get beat down in Beantown, 14-2
Davis Martin is tagged for nine runs as the South Siders drop the series opener
Packers Fans Get New Update on Former QB Malik Willis
Over the last two years, the Green Bay Packers‘ fan base came to love quarterback Malik Willis. After an under-the-radar trade with the Tennessee Titans that brought Willis to the team, he quickly became a breakout star.In each of the last two years, Willis was called upon to play meaningful football due to Jordan Love’s […] The post Packers Fans Get New Update on Former QB Malik Willis appeared first on HEAVY.
A Seemingly Rock Bottomless Glass
Just when you think it can’t get any worse…A comically pathetic 8th inning turns a possible actual win into just another disheveled loss and the “free fall” stats keep mounting. It’s hard to believe that on June 19th the A’s were 38-38, winning percentage that would earn them a spot 1.5 games out of 1st […]
Stephen Curry, Jayson Tatum Turn Heads Amid Celtics Trade Rumors
Amid rumors of a Celtics trade, Warriors star Stephen Curry and Jayson Tatum hit the golf course together on Tuesday. The post Stephen Curry, Jayson Tatum Turn Heads Amid Celtics Trade Rumors appeared first on HEAVY.
Tarik Skubal Deserved Better in Dodgers Debut vs. Cubs
The Dodgers lost their fifth straight game on Tuesday, August 4, despite getting a quality start from their big new addition, Tarik Skubal.
Free agent TE Zach Ertz cleared for football activities
Free agent tight end Zach Ertz said in April that he didn't want his torn ACL to be the final act of his NFL career.
Why Malevy Leons can earn meaningful Warriors minutes during 2026-27 NBA season
Malevy Leons fits the bill for what the Golden State Warriors need off the bench, Dalton Johnson writes.
Cubs vs. Dodgers, Tuesday 8/4, 7:05 CT live!
Go get ‘em, Javier.
Leaving the lab without leaving science
A former medicinal chemist never expected to leave the bench. But a conversation with a friend working in intellectual property law opened the door to a new career and showed her that scientific training can thrive far beyond the lab.
Stanford scientists discover immune cells that explode like microscopic bombs
Stanford researchers discovered immune cells in flatworms that explode within minutes, killing nearby bacteria and foreign cells before vanishing completely. Their unusually fast and localized attack could offer clues for developing targeted treatments against infections and cancer.
iPhone 20 Pro and Pro Max Might Get Bigger Screens in 2027
Apple is also considering an all-glass look for the front display.
‘Your days are numbered’: DOJ, federal agencies target health care fraud, Medicaid schemers in Pennsylvania
Federal agencies and state partners announced criminal charges against 19 people who allegedly defrauded Medicaid with home health schemes.
Eric Adams gets 'Bronx cheer' in Wisconsin over data center
Adams was in Wisconsin Rapids on behalf of PNK Group.
Lung Association calls FDA nicotine pouch authorization 'another gamble with kids' health'
The FDA authorized four new flavored nicotine pouches, saying they may benefit adult tobacco users. The American Lung Association criticized the decision, warning it could increase youth nicotine use.
Lung Association calls FDA nicotine pouch authorization 'another gamble with kids' health'
The FDA authorized four new flavored nicotine pouches, saying they may benefit adult tobacco users. The American Lung Association criticized the decision, warning it could increase youth nicotine use.
Everything Apple Is Expected to Announce in September
Apple is going to announce at least five new devices next month at its annual iPhone-centric event, though it's possible we'll also get devices that were waiting on Siri AI. Here's what's coming. iPhone 18 Pro Rumors suggest the iPhone 18 Pro is going to look a lot like the iPhone 17 Pro, but with a smaller Dynamic Island. It's getting a new Wide camera with a variable aperture for more control over lighting and background blur, plus a faster A20 Pro chip.
Gravity Falls And The Owl House Are Both Getting New Releases Soon, And The Wait Is Killing Me
Aaron Donald looks to establish a media and entertainment footprint
As defensive tackle Aaron Donald focuses for now on whether he'll end a two-year playing hiatus in pursuit of a second Super Bowl ring, he's activating a longer-term vision for his post-football future.
We Just Got Our First Real Look At How Small X's Ad Business Is
Advertisers seem to be spending a whole lot less than they used to on the platform.
We must work together to find health care affordability solutions
There isn’t one single entity to blame for our nation’s health care crisis ― it is a systems problem requiring shared responsibility and real solutions.
The Beauty Of Settled Science
Commenters convinced me I made a subtle mis-step in my framing of Psychology Research Is Mostly Fine. My framing emphasized that social priming studies had failed to replicate, but that many other subfields of psychology hadn’t. This naturally led commenters to point to failed replications in other subfields. Although none of these were as bad as social priming, few or none were entirely problem-free. Instead of emphasizing the difference between social priming and other subfields, I should have emphasized the difference between settled science and novel research. Here are some of my favorite psychology findings: The brain is sculpted by reinforcement learning, and a key driver of this learning is a prediction-error-based algorithm located in the nucleus accumbens and implemented through dopamine. Psychedelic drugs exert their effects through 5-HT2A receptors, pointing to a role for these receptors in some sort of construct like the balance between priors and new evidence. Certain cognitive functions are localized to certain brain areas (for example, impulse control to the frontal lobes; linguistic structure to Broca’s area, linguistic meaning to Wernicke’s area. But injure one of these areas, or render a certain function useless (eg a blind person having no more use for their visual cortex), and these mappings can gradually shift - suggesting that neurons are general-purpose compute whose specialization is a contingent fact about convenience and efficiency rather than a necessity. Most personality traits and general capabilities are about 50% genetic and 50% random, with little role for family environment or childhood history, with a few notable exceptions like partisan preference. Recent research complicates this story, but the further you go from this basic picture, the gnarlier the chains of indirect causation you require. Neurons fire together in “brain waves”, whose exact frequency corresponds with the character of consciousness; These divide neurons into natural subpopulations and linked graphs. The gamma rhythm corresponds surprisingly well to items in conscious awareness. GABA receptors seem to be involved in something like relaxation. By hitting different GABA receptors in different ways, you can modulate the exact type of relaxation you produce. Hitting GABA-A directly is too powerful and can cause dangerous levels of sedation, but allosteric modulation of GABA is an incredibly fruitful strategy that underlies drugs from benzos to barbituates to alcohol. If you know your GABA-A subunits, you can target specific subtypes of relaxation; for example, Ambien hits GABA-A1 and induces sleep. Memory divides somewhat fuzzily into bins of immediate-sensory, short-term, and long-term, with separate retrieval and storage functions, and separate systems for declarative vs. procedural learning. These can be harmed selectively, usually by hippocampal injury, so that some patients can remember their life stories but not form new long-term memories, or learn new skills like bike-riding but not new facts. The exact substrate of memory is unclear but seems to involve new synaptic connections between neurons in at least some way. The ability of modern psychology and psychiatry to treat mental illness is real but limited. SSRIs work for half or slightly fewer than half of patients; antipsychotics work with extreme side effects; benzodiazpines work but produce addiction and tolerance in many (not all) people. Most supplements are stuck in Poor Quality Study Replication Crisis Hell, but melatonin and l-theanine stand out as especially promising. Psychotherapy works with moderate effect size, but (with a few exceptions) seems to be more about the relationship with the provider than the details of the therapy itself. Mental hospitalization can sometimes defuse immediate crises but work less well than mental hospitals would like, with some studies showing overall negative effects. Schizophrenia is mostly genetic, but risk also increases with prenatal infection (especially rubella) and obstetric complications; there is suggestive evidence for roles of social stress and drug use (with psychedelics and marijuana making things worse, and nicotine if anything making things better). Bipolar and schizophrenia are so closely linked on a pathophysiological level that it seems like they might be the same disease; on the clinical level, they do seem to follow two separate courses/prognoses but can sometimes surprise clinicians by eg someone who seemed condemned to permanent schizophrenia unexpectedly recovering. The brain’s native reinforcement learning algorithms cash out in the phenomena of classical and operant conditioning; different reinforcement schedules reinforce at different levels, which can be exploited by bad actors to make especially compelling products (eg slot machines). None of these are immune to doubt. A few are speculative; one or two are genuinely unorthodox. But they’re all a step above one p = 0.049 paper that might not replicate. If they get overturned, they’ll be overturned by the same sort of genuine scientific shift that replaced Ptolemy with Copernicus or Lamarck with Darwin, not some sort of sordid discovery about someone entering random numbers into a spreadsheet. In 2008, Eliezer Yudkowsky wrote about The Beauty Of Settled Science: If you only care about scientific issues that are controversial, you will end up with a head stuffed full of garbage. The media thinks that only the cutting edge of science is worth reporting on. How often do you see headlines like “General Relativity still governing planetary orbits” or “Phlogiston theory remains false”? So, by the time anything is solid science, it is no longer a breaking headline. “Newsworthy” science is often based on the thinnest of evidence and wrong half the time—if it were not on the uttermost fringes of the scientific frontier, it would not be breaking news. Scientific controversies are problems so difficult that even people who’ve spent years mastering the field can still fool themselves. That’s what makes for the heated arguments that attract all the media attention. Worse, if you aren’t in the field and part of the game, controversies aren’t even fun. Don’t be embarrassed to read elementary science textbooks, either. If you want to pretend to be sophisticated, go find a play to sneer at. If you just want to have fun, remember that simplicity is at the core of scientific beauty [...] A steady diet of science news is bad for you: You are what you eat, and if you eat only science reporting on fluid situations, without a solid textbook now and then, your brain will turn to liquid. Psychology isn’t centrally the new paper in Annals Of Recently-Breaking News saying that an n=5 study showing that large portion sizes increase support for terrorism. Psychology is centrally ideas like brain waves, GABA receptors, reinforcement learning, twin studies, and connectionism. People who think differently are worrying too much about BREAKING NEWS!!!, and should stop. The key distinction isn’t “recent research in social psychology” vs. “recent research in cognitive/bio/behavioral psychology”, as my essay last week unfortunately implied. It’s recent research in general vs. the deposit of settled science, battle-tested hypotheses, and carefully-earmarked speculation. And part of the reason social priming in particular was such a disaster was that it defied that heuristic, building itself up over hundreds of studies until it approached or even entered the pantheon of settled science - before collapsing (5-HTTLPR was also sort of like this). This isn’t a claim that settled science is always right - Freud was “settled science” for a long time - just that there’s an intuitive distinction between the level of credence you should have in the existence of power posing vs. the existence of Broca’s Area. (I compounded this error by calling the last post “Psychology Research Is Mostly Fine”, which suggested I was talking about the new research rather than the settled science. I actually meant to distinguish between research-psychology-the-field vs. clinical-psychology-aka-therapy, but this framing unintentionally pushed against the point I wanted to make) Some commenters on the previous article understood this point, but challenged its weight. It’s very cool, they said, to know how many neurons are in which brain lobe, but the main way that Psychology affected their lives was through bad clickbait studies used to buttress dumb policies; some p = 0.049 study says that exposure to microaggressions makes minorities’ brains shrivel into raisins, and now their company has to implement punitive DEI or be sued for hazardous work conditions. I won’t dispute this as an accurate description of how the sausage gets made, but it’s worth examining the trains of thought that connect this observation to a campaign against psychology in general: The dumb woke psychology was wrong and bad, and I don’t have good heuristics for distinguishing dumb woke psychology from other psychology, so I’m going to assume it’s all wrong and bad. The dumb woke psychology was wrong and bad; it seems useful to punish/discredit psychology as a whole to assist my campaign against it, so for propaganda purposes I will try to discredit psychology as a whole. To people in the first camp, my response is: come on, your heuristics aren’t that bad. “Microaggressions makes minorities’ brains shrivel up like raisins” is in the woke category; “the hippocampal theta rhythm seems to be associated with both memory and pathfinding, suggesting an unexpected yet surprisingly compelling relationship between the two” is in the not-woke category, don’t play dumb here. To people in the second camp, my response is: deliberately exaggerated propaganda campaigns are bad and this is a confession, not an excuse. Inability to view science through anything but a political lens was what got us into this problem; doubling down on it is a temporary solution but a recipe for permanent disaster. If you pronounce entire fields of science to be acceptable collateral damage in your campaign against bad political actors, you will alienate not just scientists but patients, clinicians, and general lovers of truth. Instead, you can say the thing you mean - that woke partisans shouldn’t try to occupy and exploit the otherwise-noble science of psychology for their own political gain - and wage the same campaign with a halo rather than a comic-book-villain goatee. From the font of oracular wisdom that is Weird Sun Twitter: [ Vessel Of Spirit@VesselOfSpirit i love you all conditionally but i love the good part of you unconditionally. even if it becomes a very small part 2:11 AM · Jan 22, 2015 1 Reply · 5 Reposts · 29 Likes ](https://x.com/VesselOfSpirit/status/558084551772471298) This is how I feel about psychology1, too, but with a touch more optimism. The good part of psychology is enormous, a hoard of endless treasures. You just have to look past the headlines! 1 To play devil’s advocate - should one always be so magnamious? Astrology? Phrenology? These seem different in that their entire orientation was flawed from the start; they didn’t simply fail to find the correct constellation-personality connections, the whole project of searching for connections between constellations and personality was doomed from the start. More difficult might be asking the same question about education research, which is notoriously bad. I don’t know enough about education research to know if there’s some settled science of correct and enlightening results lurking in the background beyond the day-to-day froth of poorly-conducted and politically-motivated studies. I think if it’s 90% bad, 10% good, it’s correct to call it bad as a compact way of communicating a useful truth; I think psychology is better than that, but admit it’s a tough judgment call.
Patriots Injury Update: Gabe Jacas Shares News from Training Camp
It was long-awaited, but New England Patriots second-round pick Gabe Jacas has finally been practicing with the team during Training Camp. After a long offseason of struggling to sign him, not to mention injury concerns, it’s been good to see him get on the field and show what he can do.Those injury concerns felt like […] The post Patriots Injury Update: Gabe Jacas Shares News from Training Camp appeared first on HEAVY.
Holiday Cheer at the Firehouse Food Truck Series in Deerfield
The Firehouse Food Truck Series is getting into the holiday spirit.
Telegram CEO Says Extortionist Manipulated Apple Into App Store Removal
Telegram was subject to a "takedown extortionist" who planted AI-modified child sexual abuse material (CSAM) to get Apple to remove the app from the App Store, Telegram CEO Pavel Durov said today. Apple removed Telegram from the App Store for about 40 minutes on Monday night after discovering CSAM, but reinstated the app after Telegram removed the content.
Chipotle pulls jalapeños from some restaurants as health officials investigate salmonella outbreak
Chipotle Mexican Grill said Tuesday that it had removed jalapeños from some of its restaurants, after determining the peppers could potentially be tied to a salmonella outbreak that public health officials are investigating.
Xbox's Free 25th Anniversary Gifts Include A Dynamic Theme And Avatars
Xbox's free 25th anniversary gifts include a dynamic theme and avatars.
3 FBI agents fired over Trump investigation get broad backing in lawsuit against administration
The agents were terminated as part of a broader personnel purge by FBI Director Kash Patel that has targeted employees who investigated Trump or are perceived as being against the administration's interest.
McDonald’s Business Slows Amid Shakeup of Digital Deals
McDonald’s says an attempt to lure budget-conscious consumers backfired in its latest quarter. The fast food giant reported earnings Tuesday (Aug. 4)
Carson Beck to start Hall of Fame Game for Cardinals
Cardinals fans will get their first chance to see rookie quarterback Carson Beck in game action on Thursday night.
7 Conversations Defining the Future of Women’s Sports at Sportico RISE
From ownership and investment to collective bargaining and executive leadership, this year’s RISE Women’s Sports agenda brings together the people shaping the business of women’s sports. Hear from Michele Kang, Terri Carmichael Jackson, Janet Evans and more to be announced. RISE will take place Sept. 10 at Second NYC in New York City. Register now! …
Jonathan Taylor may land a two-year extension
When it comes to running back contracts, much of the focus has been on the guys who are (or, as to one of them, were) holding in: Falcons running back Bijan Robinson and Lions running back Jahmyr Gibbs.
Last chance! Samsung's Galaxy Z Fold 8 preorder deal could get you the foldable for as little as $699.99, but you're running out of time
The clock is ticking on this early Galaxy Z Fold 8 deal.
Apple Starts Preparing for September iPhone Event
Apple is getting ready for its big September iPhone event, which is expected to see the debut of the iPhone 18 Pro, iPhone 18 Pro Max, and an all-new foldable iPhone. Ahead of the event, Apple is holding an Event Support Experience Program lottery for U.S. retail employees who want to travel to its Apple Park campus to staff the in-person media gathering.
CMF Announces Its First Pair Of Open-Ear Earbuds For Under $100
CMF announces its first pair of open-ear earbuds for under $100.
Rady Children’s Health Named Official Pediatric Healthcare Partner of San Diego FC and San Diego FC’s Right to Dream Academy
San Diego FC announced today a deeply integrated, multi-year partnership with Rady Children’s Health. Rooted in a shared commitment to youth wellness, the partnership brings together two trusted and local organizations focused on supporting the health, mental well-being, and joy of children across the San Diego region. “A club is
Fidji Simo had to leave OpenAI. But she’s still building a business that could find cures to chronic diseases that affect women like her
ChronicleBio is using AI to improve clinical trials and find cures for diseases like POTS.
Rabbit fever cases detected in US. How to check for symptoms
Cases of tularemia, or rabbit fever, have been detected in the United States. Here are symptoms and where the rare disease has been reported.
She Spent Years at Uber Eats Watching Businesses Win and Lose Customers. Here's What She Says Most Get Wrong.
She says most businesses are solving the customer problem in the wrong order.
CFP bracket predictor: Where the preseason rankings get it wrong
Don’t automatically slot teams from the preseason poll into the 12 precious spots of the College Football Playoff. Let's play CFP predictor!
Indiana, Notre Dame got hosed, SEC got too much love in coaches poll
Who got snubbed, who got too much love, and which unranked team should be in the Top 25? Let's get to it in our coaches poll hot takes.
College football rankings are out. What you need to know about every Top 25 team
In order to help you get prepared for the upcoming college football season, we break down each team in the US LBM Coaches Poll Top 25.
Paramount's David Ellison says critics don't get his politics
In an op-ed, Ellison tries to allay worries that he can be trusted to run CNN
Behind closed doors, Trump and White House officials hope Rep. Max Miller drops reelection bid, sources say
Denise Richards claims Charlie Sheen’s security would call her to deal with him during ‘tiger blood days’ so they wouldn’t get fired
Denise Richards gets candid about the ‘tiger blood’ days following her divorce from Charlie Sheen.
India: Cockroach Protests Show Political Atmosphere Has Changed
If Modi responds to the Cockroach protesters with further repression, it could backfire.
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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