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| Did ya enjoy Leap Day? We only get one every four years — though it’s a lot more common than February 30th, which only happened that one time in 1712 in Sweden. Leap days occur in every year that’s divisible by four to round out the tiny inconsistencies created by our typical 365-day years. So, we hope you made the most of it. | Btw — thanks to all who gave us solid feedback on the template we’re trying out. Keep it coming! | In other news… advanced deepfakes are coming for the 2024 election, Taylor Swift and Beyoncé dominate theaters, and customers beef with Wendy’s new “surge pricing” model. | | LATEST PODCAST EPISODE | |
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| | | | | Wendy’s backed down from its planned “dynamic pricing” model when customers criticized the company for it, but the restaurant chain is still rolling out digital menu boards that would make future implementation of the model easier. Read More → cnet | Since Google’s Gemini AI came under fire for depicting white historical figures as people of color, it’s become clear that more capable AI will incite more intense political division about what it should do. Read More → wired | Major layoffs in the video game industry come as AAA titles become far costlier to make, and companies pay for over-expansion as high interest rates make public funding less available. Read More → fastcompany | Bitcoin is trading around $60,000 again after a long crypto drought now that exchange-traded funds are allowing new investors to dip their toes into the asset class of cryptocurrency. Read More → axios | Duolingo’s stock surged yesterday after a Q4 earnings call in which the company reported 44% year-over-year revenue growth and cited the success of its AI-powered subscription tier. Read More → fastcompany |
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| | | | What concert movies have you seen? | | 69.4% of you voted Yes! in yesterday’s poll: Do you own a home? | “We have lived in the same house that we built, for 38 years. We paid it off in 15 years, and we don’t plan on moving till we expire!” | “Saving to buy.” | “Bought in 2019 (thank goodness) and refinanced during the pandemic for a lower interest! We are on the lucky side.” |
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| | | .A WORD FROM OUR FRIENDS AT AG1. | When it comes to vitamins, just K.I.S.S. | Keep It Simple, Silly. | Because who has the time for a complicated vitamin routine? Not us.
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| | | .ARTIFICIAL INTELLIGENCE | The 2024 election has a deepfake problem | The Future. The recent revolution in generative AI has made convincing deepfakes cheap and easy to make. That’s a serious problem for the upcoming presidential election, because more sophisticated misinformation tools could have a larger impact on voters. | Better means worse
Misinformation has been used in the past two elections, but improved tech means more convincing lies. | | | | The wild west
Major lawsuits filed against OpenAI by big media players like The New York Times and Getty Images could shut the industry down completely one day. But such cases are notoriously slow, and in the meantime, improved deepfakes are already here. | Be careful — AI is now so good that you can’t believe your eyes. | |
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| | | | Listen: The Art of Accomplishment’s latest podcast features a conversation between executive coach Joe Hudson and nervous system expert Jonny Miller. Read: Arc’teryx has vaulted to new heights as the king of gorpcore. GQ covers its explosive growth and digs into how it redefined “cool” as we know it. Watch: Ali Abdaal released a three-part series on how to manage your time better when you have a full-time job.
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| | | .ENTERTAINMENT. |  | AMC’s glitter era // Illustration by Kait Cunniff with Midjourney |
| Taylor Swift and Beyoncé were the fuel behind AMC earnings | The Future. AMC Theatres recently blew Wall Street predictions out of the water, fueled primarily by Taylor Swift and Beyoncé, whose concert movies brought in record-breaking audiences. The success marks a significant pivot for theaters and may pave the way for more musical artists who want to take to the big screen. | AMC meets Do-Re-Mi
The music industry is coming for Hollywood. | AMC Theatres beat Wall Street expectations with fourth-quarter revenue of $1.1 billion, up 11.5% from $990.9 million. The chain said that its adjusted EBITDA almost tripled, and nearly all of it was directly because of showing Taylor Swift: The Eras Tour and Renaissance: A Film by Beyoncé in the U.S. and internationally.
| The rise of the concert movie
AMC Theatres’ pivot towards concert movies has not only mitigated current industry challenges (an overall down box office) but also positioned it for future growth. | This strategy offers valuable insights for the wider entertainment industry on diversification and underscores broader industry potential for integrating live entertainment with traditional cinema experiences. 2025 may be the year of rom-coms and concert movies. | |
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Edited by Boye Akolade. Copy edited by Kait Cunniff.
Published by Darline Salazar. |
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