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Aerial view of Darrell K Royal Texas Memorial Stadium at the University of Texas, Austin
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The University of Texas has the most valuable college football program in the US

A recent estimate from The Athletic suggests the Longhorns could be worth $2.38 billion.

Tom Jones

Despite not having won a national championship in two decades now, the Longhorns, the 132-year-old American football team at the University of Texas, is the most valuable college football program in America, per recent estimates from The Athletic

Bleacher-nomics

According to the new report, the Longhorns are worth a staggering $2.38 billion — almost half a billion dollars more than the Georgia Bulldogs in second place. Though The Athletic’s projections, by its own admission, are a blend of “back-of-the-envelope math” and a “common sense” approach to pricing the programs (which aren’t yet for sale), the Longhorns have been posting some of the most robust financials in the game for a while.

College football valuations
Sherwood News

Over the last three years, the University of Texas team brought in $183 million worth of revenue on average, after a bumper season last year where they were the only college football outfit to post sales exceeding $200 million. The Georgia Bulldogs, by comparison, reported $147 million a year in revenue on average, while Ohio State, the third-most valuable team from The Athletic’s workings, posted just $116 million.

The sports publication conceded that it took “the biggest liberty” with USC’s position in the ranking. While $73 million in average annual revenue would put the Trojans around the $900 million valuation mark, they were bumped up to $1.4 billion to reflect the shares they receive from being in the Big Ten, the Trojans’ brand power, its LA location, and other financial factors.

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Netflix is staffing up an apparent AI animation studio called INKubator

According to several public job listings, streaming giant Netflix appears to be building a GenAI animation studio called INKubator.

First reported by journalist Janko Roettgers in the Lowpass newsletter, INKubator seems to have launched in March and aims to “develop feature-quality content in a creator-led environment.”

As Lowpass reports, INKubator appears focused on AI-generated short-form animation, but listings imply ambitions toward longer-form content. Netflix didn’t immediately respond to a request for comment.

INKubator wouldn’t be Netflix’s first foray into AI. Back in March, it acquired Ben Affleck’s AI filmmaking startup InterPositive — which trains on individual films’ already-shot footage — for as much as $600 million depending on certain targets.

Netflix’s potential future AI-generated animations could be served to an increasingly ad-packed streaming service. At Netflix’s Upfront presentation on Wednesday, the company said its ad-supported tier has now reached 250 million subscribers globally, up 31% from November.

As Lowpass reports, INKubator appears focused on AI-generated short-form animation, but listings imply ambitions toward longer-form content. Netflix didn’t immediately respond to a request for comment.

INKubator wouldn’t be Netflix’s first foray into AI. Back in March, it acquired Ben Affleck’s AI filmmaking startup InterPositive — which trains on individual films’ already-shot footage — for as much as $600 million depending on certain targets.

Netflix’s potential future AI-generated animations could be served to an increasingly ad-packed streaming service. At Netflix’s Upfront presentation on Wednesday, the company said its ad-supported tier has now reached 250 million subscribers globally, up 31% from November.

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Saleah Blancaflor

Netflix confirms a “KPop Demon Hunters” world concert tour is on the way

Netflix has a “Golden” mine and it's digging deeper.

At its fourth annual TV Upfront presentation on Wednesday, Netflix President of Advertising Amy Reinhard announced a partnership with AEG Presents to create a “KPop Demon Hunters” world tour that will bring the phenomenon to life.

In March, Bloomberg previously reported Netflix was planning a global world tour sometime next year ahead of the sequel in arenas that would hold 10,000 to 20,000 fans, though the news had not been confirmed by the company nor had a partner been in place at the time. 

“KPop Demon Hunters” is Netflix’s most watched film of all time, racking up 481.6 million views globally during the second half of 2025. Since its release, the HUNTR/X trio of Ejae, Audrey Nuna, and Rei Ami has appeared and performed at several major events including late-night talk shows, award ceremonies, and most recently at Coachella, where they were a surprise guest for Katseye. It hasn’t been confirmed whether the trio will be on the tour.

The announcement of the tour comes after Netflix co-CEO Ted Sarandos shared in a recent blog post that the company spent $135 billion on licensing and original film and TV over the last 10 years.

This year, Netflix has a projected content spend of $20 billion, up 10% year over year, while its annual revenue forecast is between $50.7 billion and $51.7 billion. The streaming giant has brought in more than $46 billion in profit over the past decade.

Netflix said more details around cities and tickets for the concert tour are expected to come out later this year.

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