TheFutureParty
A Community-based Media Company
As Endeavor goes back to private under PE firm Silver Lake, CEO Ari Emanuel and Executive Chairman Patrick Whitesell are reportedly stepping away from the company they built. The Big Picture: Emanuel and Whitesell are not just two of the most influential agents in Hollywood, leading what is arguably the industry’s biggest agency, but they’ve also transformed into media moguls in […]
Brands big and small are jousting with one another through billboards, commercials, and social media, using the barbs to break through the noise and find new customers. Why It Hits: Attack ads have been around forever, but the overall aggressive culture taking over the advertising world is novel. Ironically, studies have found that the mudslinging typically hurts all the brands […]
Sports-products chain Dick’s Sporting Goods is expanding the footprint of its newest concept store, the massive “House of Sport,” which mixes traditional retail with several experiences to test out products and build community. The Big Play: Most retail brands are shrinking their stores — both in size and number — to deal with inflation, slower consumer spending, and […]
A new study has found that Americans are increasingly spending more time at home — a trend that was happening even before COVID forced us to stay in. Why It Sits: People generally spending more time indoors has ripple effects on all of society, including how people consume entertainment, what they spend their money on, […]
Toy giant Hasbro is shifting its strategy to focus more on teens and adults, who, logically, have more money to spend than kids… and a growing appetite to play with the IP they grew up with. The Big Game: Hasbro hasn’t exactly been on a financial rollercoaster in recent years, as it enjoyed the highs […]
LVMH, the world’s largest luxury group, is proposing that the company change its bylaws to allow CEO Bernard Arnault to remain head of the fashion conglomerate until he’s 85. The Big Stitch: Bernard has been at the top of LVMH — the owner of brands like Louis Vuitton, Dior, and Tiffany — since 1989, and […]
Growing food-delivery empire Wonder is acquiring food-centric media company Tastemade for roughly $90 million. The Big Meal: While Wonder has the infrastructure to get anyone any meal, making the food go viral is another matter. By bringing in Tastemade as its in-house media specialist, the company hopes customers will eat with their eyes first, so they order even […]
Groups representing “startup nations” — “tech hubs exempt from the taxes and regulations that apply to the countries where they’re located,” per Wired — are in talks with officials in the Trump administration about potentially building several similar “freedom cities” in the US. The Big Experiment: Although Próspera in Honduras has successfully launched (not without plenty of controversy), Big […]
Fulfilling a campaign promise, President Donald Trump signed an executive order to establish a government reserve of Bitcoin and a separate reserve for other cryptocurrencies. The Big Picture: President Trump has positioned himself as very pro-crypto in his second term, appointing tech entrepreneur David Sacks as crypto czar, directing his administration to drop lawsuits against exchanges, hosting a […]
MIT has developed a suite of AI tools, called JetPacks, designed as a starter kit for entrepreneurs to market-test and launch new businesses. The Big Plan: Getting a business off the ground takes a lot of “the two most precious resources that investors have: time and money,” according to Martin Trust Center for MIT Entrepreneurship director, Paul Cheek. […]