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Michoacan Gets MX$387M in Federal Health Funds for 2026
Mexico updates Michoacan's 2026 health funding agreement to MX$387.34 million, with universal vaccination absorbing 74% of the total.
Public Employees Retirement System of Ohio Invests $1.74 Million in Caesars Entertainment, Inc. $CZR
Public Employees Retirement System of Ohio acquired a new stake in shares of Caesars Entertainment, Inc. (NASDAQ:CZR - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 57,554 share
Simon Edvinsson’s Contract Price May Have Just Increased
Zeev Buium's eight-year, $75.04 million deal could give Simon Edvinsson additional leverage in his contract talks with the Red Wings.
March of Dimes report gives glimpse into Arkansas maternal health
One-third of U.S. counties are maternity care deserts, leaving more than 2.4 million women of reproductive age without access to local maternity care, according to the March of Dimes' 2026 report, "Nowhere to Go: Maternity Care Deserts Across the U.S."
$2.4 Million Awarded To Help W.Va. Residents Stay Healthy, Working
Gov. Patrick Morrisey announced nearly $2.4 million he said would help West Virginians stay healthy and able to work.
Morrisey: $2.4M of WV’s Rural Health funds will go to 3 organizations for employer-based health
The state of West Virginia will award $2.4 million of its federal Rural Health Transformation Program funding to three organizations to expand worksite and employer-based health services. It’s the first announced allocation of the state’s funding from the federal money. The five-year program awarded West Virginia nearly $199 million for the first year. It’s meant […]
Bundesliga brings the band back together in Premier League's shadow
As the cashed-up Premier League spent billions in another record-breaking transfer window, many Bundesliga clubs were forced to improvise, bringing back former players on cut-price deals. - 'Back home' - As the transfer window slammed shut on Tuesday evening, FIFA figures showed the Premier League had spent more than $3.02 billion (2.6 billion euros), more than three times the Bundesiga's $904 million.
Veterans Affairs Reveals 250K New Veterans Have Enrolled in VA Health Care in 2026
The veterans who joined this year have had more than 1.4 million medical appointments, according to the agency.
What Box Office Bomb Crushed Obsession on Streaming?
(Welcome to my weekly streaming ratings report, the single best guide to what’s popular in streaming TV and what isn’t. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. If you were forwarded this email, please subscribe to get these insights each week.) Before we get into this week’s issue, let me ask you for some suggestions. At the risk of coining too many names for too many things (hence my dictionary of terms...), I need a name for straight-to-streaming films that are too expensive to justify a straight-to-streaming release, but not big enough to justify a theatrical release. Like some of the films I highlighted in last week’s tally of the biggest film flops of 2026 so far: Hulu’s Mike & Nick & Nick & Alice, Pizza Movie or Never Change! They don’t feel like “made for TV movies” (think Hallmark and Lifetime movies, cheap Netflix romcoms, or Disney Channel Original movies, for example) but they don’t feel big enough for the big screen. They’re not “cinematic” enough, so to speak. As I wrote... “I still need a name for this middle zone of film that’s too expensive to go straight-to-streaming but too small to justify a theatrical release (with all the PR, distribution, marketing and whatnot costs that go along with it), the Goldilocks zone of streaming film death.” Friend of the newsletter Brandon Katz has suggested the “Bermuda Budget Triangle”, “The Platform Gap” and “The Distribution Deadzone”. I love that first one. I’d offer up the much wordier “The Streaming Budget Dead Zone” or “the Goldilocks Zone of streaming film death” but that last one isn’t accurate since, unlike Goldilocks’ porridge, these films are the opposite of “just right”. That’s the problem! Anyway, if you have any suggestions, let me know! On to today’s Streaming Ratings Report. As you can tell by today’s headline, things are going to be spicy! I’m looking at a box office bomb that did really, really well on streaming, somewhat challenging a few different narratives. And another Netflix series declined in its second season. All that, plus Wicked: For Good switching streamers, The Hawk continuing its strong run, _The Bear’_s finale season finally dropping off the charts, the WNBA posting a big viewership number, “shallow libraries”, a sitcom spinoff failing to launch, more big budget IP flopping on Paramount+, all the flops, bombs and misses, and a whole lot more. Let’s dive right in! (Reminder: The streaming ratings report focuses on the U.S. market and compiles data from Nielsen’s weekly top ten viewership ranks, Luminate’s Top Ten Data, JustWatch and Reelgood interest data, Samba TV household viewership, company datecdotes, Netflix hours viewed data, Google Trends, and IMDb to determine the most popular content. While most data points are current, Nielsen’s data covers the weeks of July 20th to July 26th, 2026. You can find a link to my terminology here.) Subscribe Film - The Latest Theatrical Success Story on Streaming In the latest edition of “Flops, Bombs and Misses of the First Half of 2026”, I made a crucial change: I started including theatrical films with the streaming misses. The streamers have collectively—including Netflix, but not to as big of an extent—stopped making a lot of straight-to-streaming films, and the ones they do make aren’t as expensive as in the heyday of the streaming bubble. After the following two films bombed in theaters, you’d guess that they’ll be included in my next collection of flops, bombs and misses six months from now: Masters of the Universe on Prime Video (only $64 million domestic box office) Mortal Kombat II on HBO Max ($79 million domestic) But you’d be wrong! Masters of the Universe, a reboot of the He-Man franchise, a toy from the 1980s, came to streaming on 22-July and did great! This long-gestating project—it’s been at every studio for years, and came close to getting a greenlight at Netflix—then finally came to theaters in June, and showed up on streaming less than two months later. (I don’t love this short theatrical window.) It surprisingly grabbed nearly 20 million hours on its debut: That means, wait for it, Masters of the Universe is currently the eighth biggest film on streaming through two weeks. My rough bar for “hit” is shows or films in the top 15%. Ergo…Masters of the Universe is a legit, streaming hit! (One quick caveat: if it falls out of the top ten next week, it will move to 13th overall, just on the edge of the top 15.) Of course, that’s the data for just 2026. Here’s how it stacks up to Prime Video’s theatrical films: That drop into its second week is typical for Amazon films, but also a worrying sign. I have a feeling interest in this film is front-loaded and we’ll see it drop off after this. As for Mortal Kombat II, in this case, the viewership numbers roughly match the theatrical outing, with only 4.1 million hours in its first week. Here’s how it stacks up to other HBO Max films: The best defense of this number is that, as a relatively violent rated-R film, Mortal Kombat II never had a good chance at breaking out. So now it’s time for a little big of “Entertainment Nuance Guy”: First, yeah, my headline is obviously facetious, since Masters of the Universe besting Obsession says more about horror as a genre than it does that film. Second, I read and listened to quite a few “nobody wanted this IP” takes about Masters of the Universe, and that’s not really true. At least enough people wanted it to power a 20 million+ hour debut! Third, both this film and Mortal Kombat II were considered “average” by viewers, but not great films, with a 6.4 and 6.3 respectively on IMDb. That’s just shy of the level needed to be a word-of-mouth hit. Fourth, in the olden days, strong word of mouth could transform a box office miss into a cable/DVD hit, like Austin Powers or The Shawshank Redemption. We haven’t seen a lot of examples of that on streaming, though. And there are far fewer ways to monetize the post-theatrical life of a film these days. Fifth, Prime Video has shown an ability to push their own titles well, likely because they control the Amazon Fire TV ecosystem. Add it all up, and here’s my nuanced take on Masters of the Universe: it was a box office bomb, but, shockingly, a streaming hit. Unfortunately, while being a theatrical hit saves your film financially, being a streaming hit does not. Both Masters of the Universe and Mortal Kombat II had big budgets and needed to make more money in theaters to justify them. So…Straight-to-Streaming or Theaters? We’ve hit a really fun point in the streaming calendar, since the films that came out in theaters in April, May, and June are now arriving on streaming. So the “Do theatrical releases help streaming performances?” question is gonna get a fresh round of updates nearly every week. No single week will answer the question, but we may get some insights. For example, so far in 2026, it looks like theatrical films are lasting longer on the weekly Nielsen film charts. Here’s a list of films that have made the charts in their fourth or fifth week of release, separated by “for kids” and “general entertainment”: It certainly seems like theatrical films are lasting just a pinch longer on the charts, with Project Hail Mary being the current five-week champion. One Battle After Another did well for HBO Max too, and even The Sheep Detectives made it four weeks. The only exception to this trend? Obsession, which only lasted two weeks on the charts. You might tempted to overreact to this news. Don’t. Obsession is a huge horror hit, but horror just doesn’t do as well on streaming. By the way, here’s the Google Trends for various theatrical and stremaing films: Plus, when it comes to Netflix in four months, Obsession may have another big boost. Quick Notes on Film Note that when I write, “the streamers have pulled back on straight-to-streaming films” that doesn’t mean “abandoned” because Netflix is gonna Netflix. On 24-July, they released 72 Hours, a Kevin Hart comedy. Along with Eddie Murphy, Mark Wahlberg, John Cena and Adam Sandler, Kevin Hart is a streaming film star now. Did this latest one work? Not really. It only garnered two weeks of 13.2 and 12.2 million hours on its debut, well below the 20-million-hour hit threshold. It also was poorly received critically—a 44 on Metacritic—and by customers—a 5.4 on IMDb on 21K IMDb reviews. 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… The latest Netflix true crime doc to pop on the charts… How The Bear finished its run… Netflix’s latest Western to return to streaming… What Paramount+ animated film flopped… And what sitcom also missed… All the flops, bombs and misses… And a whole lot more… ...please subscribe! We can only keep doing this great work with your support. Coming Soon! I’m behind by a week, so we’ve got two issues coming your way this week, including one in a couple of days or so, then we’ll be all caught up**.** Next issue, inspired by The Super Mario Galaxy Movie coming to Peacock, I’m going to take a look at the workhouse of streaming TV: kids films. Plus The Devil Wears Prada 2 continues theatrical films’ big run on streaming. All that, plus another surprise hit on Hulu, Lioness on CBS, and a whole lot more. Long term, LeBron James is filming his own “Last Dance”-style docu-series, surprising no one. But as I’ve been writing about a lot this summer, this genre is really overrated, so whoever ends up buying it (reportedly ESPN) really shouldn’t pay too much for it.
LSU, Rhode Island received $4M grant to expand wetlands science work
Louisiana State University, in partnership with the University of Rhode Island, has been awarded a $4 million National Science Foundation grant to advance wetland science.
LSU, Rhode Island received $4M grant to expand wetlands science work
Louisiana State University, in partnership with the University of Rhode Island, has been awarded a $4 million National Science Foundation grant to advance wetland science.
Alabama Rural Health Transformation Advisory Group digs into $144 million in grants
The administrators behind the Alabama Rural Health Transformation Program provided grant updates to lawmakers who oversee the initiative.
Reports: U.S. striker Folarin Balogun is headed on transfer to Premier League club Everton
United States striker Folarin Balogun is set to head to Premier League team Everton on a transfer from Monaco, British media reported on Monday. The transfer fee offered by Everton is reported to be in the range of 40 million pounds ($54 million) on a four-year deal, the British Press Association said. It said personal terms had yet to be worked out before the deal could be completed prior to Tuesday's transfer deadline.
Liverpool complete £123million deal for Bradley Barcola
Liverpool have completed the signing of Bradley Barcola from Paris St Germain in a £123million ($166. 4 million) deal.
Roanoke gets state funding injection for health sciences
Virginia allocates $174 million for Virginia Tech Carilion School of Medicine building and supports health sciences growth in Roanoke.
‘Coyote vs. Acme’ surges past expectations, snagging No. 2 at domestic box office after cancellation
‘Coyote vs. Acme dropped an anvil on the domestic box office this weekend, surpassing projections for a $15.4 million premiere that placed it just behind ‘Spider-Man: Brand New Day’ and just ahead of ‘The Odyssey.’
Antarctica developed a continental-scale ice sheet 34 million years ago while Earth was about 5°C warmer than today — helped by slow-moving mantle waves that had spent more than 100 million years lifting its interior high enough for permanent ice to survive.
A 2026 modelling study links East Antarctica’s high plateau to mantle processes begun during Jurassic breakup, while retaining falling carbon dioxide as the main trigger for glaciation.
GTA VI Extended Gameplay Preview Attracted Over 4 Million Live Viewers
It's been known since Rockstar released the first trailer for GTA VI that the upcoming action game would have a massive impact on the gaming industry, and analysts have predicted week-one sales of $4.5 billion when the game launches in November. Following Rockstar's GTA VI showcase at Gamescom,...
Infirmary Health says it has received more than $5 million to expand rural health care.
Infirmary Health says the grants are among 138 awards totaling more than $144 million announced Aug. 24, 2026, by Gov. Kay Ivey.
1.4-million-year-old footprints reveal a surprisingly large human relative
Ancient footprints in Kenya reveal that eight Paranthropus boisei may have traveled together 1.4 million years ago, with some individuals reaching surprisingly large, human-like body sizes. The tracks offer a rare glimpse of their social behavior and suggest these extinct human relatives may have lived in more complex groups than previously thought.
EU provides €12 million to WHO to sustain essential health services and support recovery across Syria
30 August 2026, Damascus, Syrian Arab Republic – The World Health Organization (WHO) has received €12 million (approximately US$14 million) from European Union Humanitarian Aid, to help sustain essential health...
'Spider-Man: Brand New Day' Takes Fifth No. 1 As 'Coyote vs. Acme' Takes $14 Million Opening
Ketchup Entertainment nearly quintuples its opening weekend record while 20th Century's "The Dog Stars" bombs with $7 million launch
Jonathan Kuminga’s Agent Defends Reason For Taking Shorter and Cheaper Deal With Timberwolves
On Wednesday, ESPN’s Shams Charania reported that Jonathan Kuminga had agreed to join the Minnesota Timberwolves on a two-year, $12. 4 million deal.
Hughes due extension after Makar signs record-breaking deal
The Minnesota Wild’s clock is ticking to get defenseman Quinn Hughes signed after seeing Colorado Avalanche defenseman Cale Makar get a contract extension today. Makar signed a historic 8-year deal worth $163.4 million, which makes him the highest-paid player in NHL history. He’s the first NHL skater to be making over $20 million as an […] The post Hughes due extension after Makar signs record-breaking deal appeared first on HEAVY.
Cale Makar’s Record Contract Marks Fourth Landmark NHL Deal in 11 Months
The Colorado defenseman’s $20.4 million AAV smashes Celebrini’s record from July.
Politics Unusual: NJ Transit president, NYS Sen. Gournardes
In this special episode of Politics Unusual, FOX 5 NY's Teresa Priolo speaks with NJ Transit President and CEO Kris Kolluri about the $4 million loss during the World Cup. Also, a conversation with State Senator Andrew Gounardes about protecting children from the negative effects of social media.
Sports Is a Universal Language, With Some Help From AI Translations
Today’s guest columnist is Ben Reynolds, CEO of Spalk.TV. As the World Cup showed us, sport is the language of the world. The numbers tell the story. Sixty-three million Americans watched the 2026 FIFA World Cup final between Argentina and Spain. While 62% of these fans watched the English-language broadcast on Fox, 38%—over 24 million …
Del Ray Business Association presents $10,511 to Scholarship Fund of Alexandria
Proceeds from the sixth annual Bands & Brews bar crawl go to a nonprofit that has awarded more than $24 million in scholarships since 1986; DRBA happy hour also introduces new member Continues Arcade
Vanderbilt Health receives $3.4 million grant to advance breast cancer imaging
Vanderbilt Health has received a grant to support development of magnetic resonance (MR) cytometry as a new tool for breast cancer imaging.
Las Vegas business owner convicted of $24 million cryptocurrency ponzi scheme
The owner of a Las Vegas-based business was convicted Monday of fraudulently taking $24 million from at least 400 investors.
Governor Ivey Announces First Grants in $144 Million Rural Healthcare Program
Gov. Kay Ivey announced Monday the awarding of 138 grants totaling more than $144 million to healthcare providers and institutions across Alabama as part of the
Cincinnati lands new global headquarters, dozens of high-paying jobs
Valvoline Global Operations relocates its headquarters from Lexington to Cincinnati's downtown, bringing at least 54 jobs and a $10.4 million payroll to Ohio.
Governor Ivey Announces First Grants in Major New Rural Healthcare Program Totaling More than $144 Million -
MONTGOMERY – Governor Kay Ivey on Monday announced the awarding of 138 grants worth a total of more than $144 million to healthcare providers and institutions throughout the state as part of the Alabama Rural Health Transformation Program (ARHTP). The … Continued
Pinnbrook Capital Management LP Takes $1.54 Million Position in Live Nation Entertainment, Inc. $LYV
Pinnbrook Capital Management LP bought a new position in Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,400 shares of the company's stock, valued at approxim
Target receives $1bn boost from Trump tariff refunds
The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
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...
Pepper Pike man pleads in DOJ’s largest health care fraud case
A man from Pepper Pike, Ohio pleaded guilty Friday to laundering approximately $3.4 million in illicit health care fraud proceeds.
Canada Invests $24 Million To Study Impact Of Cannabis On Brain Health
Canada's health ministry this week announced a $24 million investment in research examining how cannabis use affects users' brain health.
Hochul warns Washington is gutting New York healthcare
Gov. Hochul was in Fredonia Thursday to highlight $124 million in state funding for the new Northern Chautauqua Hospital.
DOJ Declares 3 Race-Based STEM Programs Unconstitutional
The programs received about $104 million in federal funds this past year.
Melco Resorts & Entertainment (MLCO) Stock Rises on Q2 2026 Earnings
Melco Resorts & Entertainment Limited (MLCO) reported second-quarter 2026 revenue of $1.3 billion, down 40.0% from a year earlier, as gross profit fell sharply to $429.4 million. Despite the weaker top line, operating profit improved to $127.8 million, while net income attributable to common shareholders rose to $22.7 million, or $0.057 per diluted share.Cash generation strengthened meaningfully during the quarter. Cash from operating activit
Dolphin Entertainment Reports Second Quarter 2026 Results
Q2'26 Revenue Rises 2.5% YoY to $14.4 Million; H1'26 Revenue Up 3.8% YoY to $27.2 Million
Lexington County could take on $74 million in debt for a sports complex
The Lexington County Recreation Commission is proposing a multi-sports complex off Interstate 77, but there are questions about how it will be paid for.
Digital Twin in Entertainment Market to Reach USD 2,533.2 Million by 2032, Growing at 31.4% CAGR, Says MarketsandMarkets™
Delray Beach, FL, Aug. 11, 2026 (GLOBE NEWSWIRE) -- The global Digital Twin in Entertainment Market is projected to grow from USD 492.4 million in 2026 to USD 2,533.2 million by 2032, at a CAGR of 31.4%, according to a new report by MarketsandMarkets™. Growth is being driven by increasing adoption of virtual production technologies, rising investments in immersive entertainment experiences, and expanding deployment of AI-powered digital twin platforms across film, television, gaming, live events
WHO receives US$4 million from CERF to sustain health services and strengthen health system resilience across Syria
Damascus, Syrian Arab Republic, 11 August 2026 – The World Health Organization (WHO) has received US$4 million from the United Nations Central Emergency Response Fund (CERF) to protect access to essential health...
Apple's Foldable iPhone Ultra Faces a Surging Samsung Galaxy Z Fold 8
Apple's foldable iPhone is expected to arrive in September against a rival already outrunning its own forecasts. ETNews reports Samsung is building an extra one million Galaxy Z Fold 8 units, after the 4:3 device took 70 percent of a record 1.44 million Galaxy Z8 series pre-orders. ETNews reports Samsung is building an extra one million Galaxy Z Fold 8 units, after the 4:3 device took 70 percent of a record 1.44 million Galaxy Z8 series pre-orders.
Treasury Wine announces $395 million charge tied to US supply chain revamp
Australia's Treasury Wine Estates said on Monday it expects to take an additional A$558.4 million ($394.5 million) post-tax charge in 2026 related to the write-down of U.S.-based assets and brands.
49ers pressured to trade for $64 million clutch player
The San Francisco 49ers could land an impressive talent.
A Man Sold His Business For $1.4 Million. Then His Brother-In-Law Wanted To Invest It 'For Free'
A man in Arizona sold the auto repair shop he spent 27 years building for $1.4 million after receiving an offer from a larger regional chain. Within a week of the sale closing, his wife’s brother, who actively trades individual...
The Watch: Microplastics Linked To Fatty Liver Disease
Plastic used in food packaging is most common type found in liver…workers exposed to pesticides at higher risk for Lou Gehrig’s disease…last year’s measles outbreak cost $5.4 million to contain…and more
Problem in America? Sports betting, marijuana use soars
In 2025, Americans spent $166 billion betting on sports, and 21.4 million people used marijuana on a near-daily basis.
Problem in America? Sports betting, marijuana use soars
In 2025, Americans spent $166 billion betting on sports, and 21.4 million people used marijuana on a near-daily basis.
How the Middle East became an issue in East Bay House race
AIPAC and affiliated groups have spent $4 million to defeat California State Sen. Aisha Wahab in the campaign to succeed Rep. Eric Swalwell.
Blackstone's AGS Health files updated draft papers for $500 million India IPO
Blackstone-owned AGS Health on Friday filed updated draft papers for a 48-billion-rupee ($504 million) initial public offering in India, nearly two months after securing the markets regulator's approval for a listing.
Jonathan Taylor agrees to two-year extension with Colts
Taylor is set to make $44 million under the terms of his new deal.
Downtown Valdosta sees $24.4 million revitalization with apartments, restaurants and entertainment
Downtown Valdosta's $24.4M revitalization brings 51 apartments, restaurants and entertainment to the historic district.
Downtown Valdosta sees $24.4 million revitalization with apartments, restaurants and entertainment
Downtown Valdosta's $24.4M revitalization takes shape.
PAMT Q2 loss exceeds $7.4 million, revenue up 8%
Tontitown-based carrier PAMT Corp posted a loss but a revenue gain in the second quarter as market conditions allowed for “a meaningful sequential increase” in rates for the first time...
Las Vegas Sphere drove Sphere Entertainment’s Q2 revenues up 11% to $314M; operating loss ballooned 22%
The Sphere segment, which runs the Las Vegas venue, generated revenues of $226.4 million, up $50.8 million, or 29%, year-over-year.
Fountain Square businesses plead for support as $14M project enters final phase
A $14 million drainage project in Indianapolis's Fountain Square neighborhood aims to reduce flooding, though local business owners report significant losses in foot traffic and sales during the ongoi...
19 charged in $4M Pennsylvania home health care fraud schemes
Nineteen people were charged in Medicaid fraud cases involving more than $4 million in alleged false home care billings, authorities said.
UCLA-Led Team Selected for National Science Foundation Quantum Technology Award
A UCLA-led team of physicists, engineers and computer scientists has been selected by the U.S. National Science Foundation for $4 million in funding through the NSF National Quantum Virtual Laboratory, or NQVL, a national initiative designed to accelerate the development of useful quantum technologies and make advanced quantum tools and testbeds available to researchers across the country
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 Bull Case For Sphere Entertainment (SPHR) Could Change Following Mixed Q2 Results And Aggressive Expansion Plans
Sphere Entertainment Co. has reported past second-quarter 2026 results showing sales of US$313.64 million versus US$282.68 million a year earlier, alongside a shift from net income of US$151.82 million to a net loss of US$38.79 million. Despite reporting a loss, the company highlighted growing Sphere-driven revenue, venue expansion plans in Abu Dhabi and National Harbor, and a broader content slate including future Wizard of Oz and Rocky Horror Picture Show experiences. We will now examine...
What a new Justice Department filing says about the ‘botched’ Reflecting Pool renovation
The Justice Department on Friday said the rush to complete President Donald Trump’s renovation of the Lincoln Memorial Reflecting Pool led to “hasty and botched work,” shedding new light on the problems behind the Washington landmark’s $14 million facelift.
Man turns side hustle into $4 million video game resale business
Caleb Ashton said he used $500 worth of birthday and Christmas money to launch QuickFlips, a video game resale platform that now makes millions.
AMC Entertainment (AMC) Is Up 24.2% After S&P Credit Upgrade On Improved Operations And Lower Debt - Has The Bull Case Changed?
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Main Streets Allegheny investment to support neighborhood business districts
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$4 Million Commitment Will Help UT Health Sciences Expand Health Hubs to Bring Preventive Care to More Communities Across Tennessee
Community and healthcare leaders, friends and partners of UT Health Sciences gathered to celebrate UnitedHealth Group’s announcement of a $4 million commitment to expand the neighborhood health hub model developed at the university from five to 13 across the state by the end of 2027.
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VA Employee, CEO Plead Guilty to $14 Million Health Care Kickback Scheme
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Sphere Entertainment Q2 revenue rises 11% to $313.6 million
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German top two divisions record attendance record of 21.4 million
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UT health science center expanding Health Hubs program across Tennessee
A $4 million grant will expand TennesseeCares Health Hubs to 13 locations, bringing preventive care to rural areas.
Sonoma State to relaunch NCAA athletics after budget cuts eliminated sports
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Governor Moore Announces Nearly $4 Million in NourishMD Grants to Expand Fresh Food Access in Food Deserts
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Colorado’s primary proved in this political climate money doesn’t buy electoral happiness
To catch you up, campaign committees from this 2026 election cycle already collected and shoveled out a lot of cash: $102.64 million. That’s contributions in all forms — dollars, in kind, loans, etc. — from December 2024 to now. Total expenditures just for advertising amount to $32.94 million. More to come for the general election. […]
Xbox Console Sales Rose In June, Despite Price Increases
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Apple loses bid to overturn $634 million Masimo patent verdict
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AMF Launches Refreshed Identity After 126 Years of Bowling
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AMC Entertainment (AMC) Stock Trades Up, Here Is Why
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AMC Entertainment posts record quarterly revenue $1.60B and adjusted EBITDA $321.4M in Q2 2026
AMC Entertainment reported record quarterly results for Q2 2026, with total revenues of $1,596.7 million and adjusted EBITDA of $321.4 million — the highest quarterly figures in the company's history. Net loss for the quarter was $11.4 million while adjusted net earnings were $104.3 million; adjust…
As Trump toys with disaster aid, Congress eyes FEMA change
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Arkansas medical marijuana sales down through June
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Arkansas medical marijuana sales down through June
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NBA reportedly looking into Bucks' signing of Gary Trent Jr.
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Colorado’s primary proved in this political climate money doesn’t buy electoral happiness
To catch you up, campaign committees from this 2026 election cycle already collected and shoveled out a lot of cash: $102.64 million. That’s contributions in all forms — dollars, in kind, loans, etc. — from December 2024 to now. Total expenditures just for advertising amount to $32.94 million. More to come for the general election. […]
United States Delivers Life-Saving Health Supplies and equipment to Madagascar
United States Delivers Life-Saving Health Supplies and equipment to Madagascar U.S. Chargé d’Affaires Steve Bremner presided over a handover ceremony to the Government of Madagascar, represented by President of the Refoundation Col. Michaël Randrianirina, marking the delivery of nearly one million mosquito nets, over 900,000 pieces of critical laboratory equipment, and 33 internet connectivity systems. The assistance – valued at more than $2.2 million – is part of a broader U.S.-Madagascar health partnership, outlined in our bilateral Global Health Memorandum of Understanding (MOU) signed in December 2025, totaling $134 million from the U.S. government from 2026 through 2030. “This assistance is clear and disciplined – it is a tool of strategic engagement, not global charity,” said Chargé d’Affaires Steve Bremner. “Every U.S. taxpayer dollar must show measurable results, reduce long-term dependence on U.S. resources, and support greater self-reliance. Stronger health systems in Madagascar help detect and contain infectious diseases before they spread across borders, protecting American and Malagasy families alike.” The assistance includes: 989,250 long-lasting insecticide-treated mosquito nets - worth $2 million – will be distributed to 63 districts and 1,661 community health centers across Madagascar. Malaria remains one of the leading causes of death in the country, claiming the lives of children and women at an unacceptable rate. The third and final delivery of these nets arrived in late June and will be distributed starting this July until mid-October, ensuring that those most at risk of mosquito-borne disease now have access to this basic but life-saving protection. U.S.-funded Global Health Supply Chain Program – Procurement and Supply Management (GHSC-PSM) project will ensure the distribution. 908,523 pieces of critical medical and laboratory equipment – valued at $180,000 – including personal protective equipment, laboratory supplies, diagnostic tools, and cold chain equipment – along with a modernized digital surveillance system to Madagascar’s Ministry of Public Health. This support through the STRIDES (Strengthening Infectious Disease Detection Systems) program bolsters Madagascar’s ability to detect and respond to outbreaks of diseases such as monkeypox, plague, rabies, polio, and Ebola before they become regional or global threats. Over $30,000 of funding for the full procurement, installation, and first year of service for 33 Starlink satellite internet systems at priority districts and regional health offices across the country. These systems will allow health workers in remote and underserved communities to transmit health data quickly to central decision-makers – enabling faster, better-coordinated responses when disease outbreaks occur. U.S.-funded Momentum Country and Global Leadership (MCGL) will implement this project. As the country’s largest bilateral health donor, the United States remains committed to the principle that a stronger, healthier Madagascar makes for a stronger, safer world – and a stronger, safer America.
Inside the Record-Setting Business of the Los Angeles Dodgers with President & CEO Stan Kasten
Stan Kasten, Los Angeles Dodgers President, CEO and Part Owner, joins Sports Business Radio to discuss the record-setting business of the Dodgers. From superstar Shohei Ohtani's impact on attendance, sponsor sales and merchandise sales, to improvements to the fan experience at Dodger Stadium, to the Dodgers surpassing 4 million fans last season and being on track to draw that many fans again this season, we discuss how in many regards, the Dodgers are maximizing revenues better than any other pr
Inside the Record-Setting Business of the Los Angeles Dodgers with President & CEO Stan Kasten
Stan Kasten, Los Angeles Dodgers President, CEO and Part Owner, joins Sports Business Radio to discuss the record-setting business of the Dodgers. From superstar Shohei Ohtani's impact on attendance, sponsor sales and merchandise sales, to improvements to the fan experience at Dodger Stadium, to the Dodgers surpassing 4 million fans last season and being on track to draw that many fans again this season, we discuss how in many regards, the Dodgers are maximizing revenues better than any other pr