TheFutureParty
A Community-based Media Company
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. […]
MrBeast (real name Jimmy Donaldson) is preparing to kick off a rare fundraise that would value his empire at $5 billion. The Viral Picture: MrBeast is the long-running champ of the creator economy, printing more money than most companies. As he expands both his physical and digital footprints, getting a chance to invest may be as competitive as […]
Fetii, a large-vehicle rideshare service that caters to college students, raised a fresh round of financing to expand nationwide. The Big Move: Despite the rideshare market being dominated by Uber and Lyft, no one has quite cracked the code on offering rides for groups larger than a family (other than a brief journey with Uber Charter). If Fetii […]
Nike and Kim Kardashian’s SKIMS are partnering on a new brand called… you guessed it… NikeSKIMS. Why It Hits: Despite competing with Adidas to be considered the top athletic apparel and footwear brand in the world, Nike has been looking for a cultural and financial turnaround after slumping sales. Meanwhile, SKIMS is one of the biggest success stories in the fashion […]
Netflix has officially released one of its most ambitious projects yet — an upscale restaurant on the Las Vegas strip called “Netflix Bites” that puts popular movie and TV IP onto your dinner plate. The Big Picture: Netflix hopes that Netflix Bites (which it had road-tested as pop-ups in recent years) can combine two popular trends — themed […]