TheFutureParty
A Community-based Media Company
Sections
Business Culture Entertainment Fashion Gaming Media Music Technology
A new study by Pew Research Center found that almost half of US teens are “almost constantly” online. Why It Hits: Though the platforms differ among genders, Pew’s survey demonstrates that young people’s communication, media consumption, and social lives are, for many, smartphone-first. Between the Notifications: Being “too online” is now a generational problem. But who are the […]
BuzzFeed sold First We Feast, the studio behind the popular Hot Ones interview series, for $82.5 million to a group of investors that will let the company run as an independent media company. The Big Picture: BuzzFeed has been hungry to find a buyer for First We Feast to pay down its substantial debt and swat away investor Vivek Ramaswamy’s […]
Amazon has partnered with Hyundai to launch Amazon Auto — a one-stop shop where you can browse, purchase, finance, and have cars delivered to your door like any other package. The Big Box: Amazon Auto is hoping to remake the dealership experience — which car buyers overwhelmingly hate — for the internet age. If Amazon is successful in […]
The decade-in-the-making Grand Theft Auto VI, which is set to release sometime in the fall of next year, has the potential to become the single highest-grossing piece of entertainment in history. Why It Hits: Video-game developers are waiting with bated breath to see when Rockstar Games will date the release of its new GTA installment before dating their own games, showing […]
A24 is remaking its popular annual membership to include tickets to every single new A24 movie on opening weekend. The Big Picture: A24’s play for consistent audiences across all of its titles seems to be the first time a studio is advertising access to its slate as a perk for loyalty — a bet that the A24 brand name is […]
The New York Mets struck a record $765 million deal for outfielder and star hitter Juan Soto to play with the team for 15 years. The Big Swing: Soto’s deal is the most expensive contract ever in pro sports, inching deals closer to the billion-dollar benchmark. But the sheer length of the deal, coupled with the Dodgers’ $700 million ten-year […]
A new study by Ampere Analysis found that the new streaming ecosystem will be defined by profit growth, while subscriber growth hits the brakes — or, as we like to call it, welcome to a maturing industry. The Big Picture: Hollywood lost billions of dollars in the transition to streaming to catch up with Netflix, while Wall Street stopped […]
Microsoft is actively pitching that its Copilot AI system will help enterprise customers save money on labor costs— aka not needing to hire more people or giving the ability to lay off existing staff. Why It Hurts: Tech giants have been trying not to advertise the disruption that their systems could have on company head counts — […]
LA Times owner Dr. Patrick Soon-Shiong announced the paper is working on a “bias meter” that would give readers context of any bias in articles and potentially give people a version of the article from an opposite perspective. The Big Picture: With the mainstream media losing trust — fairly or unfairly — among so many Americans, publishers are looking […]
A panel of three federal judges unanimously ruled against TikTok’s free-speech lawsuit that hoped to overturn the divest-or-ban bill… putting TikTok on a path of being shut down in the US on January 19th on national security concerns. Why It Hits: The Protecting Americans from Foreign Adversary Controlled Applications Act, which passed in April, makes it illegal for app stores […]