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Dude Perfect just scored a big investment

The online sensations just raised $100 million

Tom Jones, David Crowther

Trick shot economy

The content creators behind Dude Perfect — a wildly popular YouTube channel built on insane basketball shots and water bottle flip videos — have set their sights on expanding beyond the video-sharing platform… and they’ve just secured $100m+ to do so.

The 5 friends, who started the channel in college back in 2009, are planning to pump the nine-figure investment from private equity firm Highmount Capital into boosting their content output, creating more live experiences, and furthering their foray into consumer products, according to an interview with the Hollywood Reporter.

So far, the DP channel has racked up over 17 billion views, according to social metrics tracker Social Blade, with videos like Real Life Trick Shots 2 and Ping Pong Trick Shots 3 getting over 320 million views each.

As the audiences of online megastars grow from millions to tens of millions, investors seem increasingly open to injecting cash into projects by content creators from YouTube, TikTok, and other social platforms — capital that used to be reserved for more traditional media.

Another YouTuber, MrBeast, is perhaps the best example. He had a brief dalliance with the world of venture capital in 2021 when he sought to raise $150m at a $1.5bn valuation. While that deal never came to fruition, he has since teamed up with Amazon Prime to work on the “biggest game show ever”, with the creator reportedly offered $100m to develop and front the concept.

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Kids these days are listening to more songs from the good old days

Music nostalgia is in full swing, and the younger listeners of today appear to be partying like it’s pre-1999.

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Drake whiffs on an expected No. 1 on Spotify

Drake started at the bottom and he’s here, but not quite at the top... of Spotify, at least.

It’s been nearly three weeks since Drake dropped his three surprise albums — “Iceman,” “Habibti,” and “Maid of Honour.” Heading into the month, prediction markets were rating it a near certainty, a 98% chance, that Drake’s sonic onslaught was enough to snag the No. 1 slot on Spotify at least once in June.

But, while he surpassed the late Michael Jackson and took up three slots on the Billboard album chart at once, his newly released songs haven’t quite cracked the popular music-streaming platform’s top charts, and market seem to think the moment has passed.

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(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

Spotify’s “Top Songs - Global” chart currently show that Jackson’s “Billie Jean,” which is more than four decades old, Justin Bieber’s “Beauty and a Beat,” which climbed back to the top of Spotify charts following his Coachella set in the spring, Olivia Rodrigo’s new angsty love song “The Cure,” and BTS’s “Swim” are all ahead of Drake’s “STFU Janice” from his “Iceman” album.

While Spotify previously reported last month that Drake’s “Make Them Cry” was the most streamed album in a single day this year, that was later revealed to be a data error.

Prediction markets currently show traders are betting there’s only a 15% chance Drake will have a No. 1 song on Spotify in June.

Meanwhile, Taylor Swift is in the lead at 98% — a day before the release of her new original song “I Knew It, I Knew You,” which she wrote and performed for Disney and Pixar’s upcoming “Toy Story 5” — followed by Olivia Rodrigo, whose highly anticipated album “You Seem Pretty Sad for a Girl So in Love” comes out next Friday.

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(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

Spotify’s “Top Songs - Global” chart currently show that Jackson’s “Billie Jean,” which is more than four decades old, Justin Bieber’s “Beauty and a Beat,” which climbed back to the top of Spotify charts following his Coachella set in the spring, Olivia Rodrigo’s new angsty love song “The Cure,” and BTS’s “Swim” are all ahead of Drake’s “STFU Janice” from his “Iceman” album.

While Spotify previously reported last month that Drake’s “Make Them Cry” was the most streamed album in a single day this year, that was later revealed to be a data error.

Prediction markets currently show traders are betting there’s only a 15% chance Drake will have a No. 1 song on Spotify in June.

Meanwhile, Taylor Swift is in the lead at 98% — a day before the release of her new original song “I Knew It, I Knew You,” which she wrote and performed for Disney and Pixar’s upcoming “Toy Story 5” — followed by Olivia Rodrigo, whose highly anticipated album “You Seem Pretty Sad for a Girl So in Love” comes out next Friday.

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GameStop’s collectibles business just keeps booming, as “Pokémon” cards continue to fly

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Will critics and audiences go out of this world for Steven Spielberg’s “Disclosure Day”?

Legendary director Steven Spielberg is back with his first film in four years.

While 2022’s Oscar-nominated “The Fabelmans” was a semi-autobiographical film, it looks like he’s back to his sci-fi roots with the upcoming release of Universal Pictures’ “Disclosure Day.”

The movie stars Emily Blunt, Josh O’Connor, Colin Firth, Eve Hewson, and Colman Domingo, and follows a cybersecurity whistleblower (O’Connor) and meteorologist (Blunt) who work together to uncover government secrets and expose the truth about extraterrestrial life.

Some first reactions out of early screenings shared on social media have been praising the film so far. Germain Lussier, a senior entertainment reporter at Gizmodo, posted on X that the movie is Spielberg’s “best film in 20 years,” while many have praised Blunt’s performance as one of her best. Others have said it is reminiscent of the filmmaker’s other sci-fi classics like “Close Encounters of the Third Kind” and “E.T. the Extra-Terrestrial.”

To be considered “fresh,” movies have to receive at least 60% on Rotten Tomatoes. While the global embargo for formal reviews doesn’t lift until Tuesday, June 9, at 12 p.m. ET following more advance screenings in Los Angeles, New York, and other cities ahead of the June 12 release date, traders on prediction markets are currently betting there is a 68% chance that the movie will score above 85% on the site.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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‘Disclosure Day’ First Reactions Call Steven Spielberg’s Sci-Fi Epic ‘His Best Film in 20 Years’ and Praise Emily Blunt’s ‘All-Time’ Performance

‘Disclosure Day’ First Reactions Call Steven Spielberg’s Sci-Fi Epic ‘His Best Film in 20 Years’ and Praise Emily Blunt’s ‘All-Time’ Performance

The movie stars Emily Blunt, Josh O’Connor, Colin Firth, Eve Hewson, and Colman Domingo, and follows a cybersecurity whistleblower (O’Connor) and meteorologist (Blunt) who work together to uncover government secrets and expose the truth about extraterrestrial life.

Some first reactions out of early screenings shared on social media have been praising the film so far. Germain Lussier, a senior entertainment reporter at Gizmodo, posted on X that the movie is Spielberg’s “best film in 20 years,” while many have praised Blunt’s performance as one of her best. Others have said it is reminiscent of the filmmaker’s other sci-fi classics like “Close Encounters of the Third Kind” and “E.T. the Extra-Terrestrial.”

To be considered “fresh,” movies have to receive at least 60% on Rotten Tomatoes. While the global embargo for formal reviews doesn’t lift until Tuesday, June 9, at 12 p.m. ET following more advance screenings in Los Angeles, New York, and other cities ahead of the June 12 release date, traders on prediction markets are currently betting there is a 68% chance that the movie will score above 85% on the site.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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Millie Giles
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Major movie franchise sequels might not be the safe bet they once were

With internet-born indie horrors storming past the latest “Star Wars” movie, it seems Hollywood’s winning formula might not always add up.

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