🤖 __Techy…__ A digital artist [launched](https://decrypt.co/139220/meme-coin-speedrun-goes-viral-sparks-scam-concerns) a so-called memecoin in 27 seconds, demonstrating how easy it is to birth a new crypto. Now others are following suit (#speedrun), sparking fears of an incoming token flood.

🤔 __Sus…__ Do Kwon [pleaded](https://fortune.com/crypto/2023/05/11/disgraced-terra-cofounder-do-kwon-pleads-not-guilty-after-hes-arrested-in-montenegro-holding-3-different-passports/) not guilty to charges accusing the former crypto superstar of using forged travel docs. Kwon’s algo [stablecoin](https://sherwoodmedia.com/snacks/newsletters/1alSYApz9fMDqEf8i3IPRi/articles/1vwhQv8VIIqij4eXh9Wsvw/), __terraUSD__, blew up a year ago — erasing $40B in investor value and kicking crypto winter into overdrive.

🍇 __Sour…__ An annual __[bitcoin](https://robinhood.com/crypto/BTC/)__ conference, [Bitcoin 2023](https://www.wsj.com/articles/miamis-love-affair-with-crypto-is-souring-as-bitcoin-faithful-flock-to-the-city-9244f0d9), is set to begin in Miami next week. But some local officials and investors have become disillusioned (think: __FTX__ Arena). Now, Miami’s mayor has reportedly moved on to (you guessed it) AI.

HEAT

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__The 800-pound streaming gorilla…__ isn’t done bulking up. __[Disney](https://robinhood.com/stocks/DIS/)__ yesterday [announced](https://www.bbc.com/news/business-65553932) plans to marry Disney+ and Hulu into a single mega-streamer sometime this year (our suggested couple name: Huney). The goal: create a “one app experience” so that US bundle subscribers won’t have to toggle between the two. FYI: Disney owns two-thirds of Hulu, and reportedly wants to buy the rest from __[Comcast](https://robinhood.com/stocks/CMCSA/)__. 

- __Losing subs:__ Disney shares fell 9% yesterday after the company’s first-quarter earnings, which featured a surprise loss of 4M Disney+ subscribers.

- __Bleeding cash:__ While theme parks are going strong, Disney’s streaming biz lost $659M last quarter. CEO Bob Iger said another price hike is coming for Disney+’s ad-free tier.

- __Sum of its parts:__ Disney said it will *also* still offer Disney+, Hulu, and ESPN+ as standalone platforms. Combined, they have 231M subs (versus __[Netflix](https://robinhood.com/stocks/NFLX/)__'s 232M). 

__One app to rule them all…__ By bundling its content into one superapp, Disney may hope to boost growth and alleviate streaming fatigue. It’s not alone in its content coagulation push: industry players are combining forces in hopes of standing atop the rubble of the streaming wars. Earlier this year, Paramount+ pulled in Showtime content (new rolls-off-the-tongue name: Paramount+ with Showtime), and last month the world was introduced to Max — the result of a marriage between HBO Max and Discovery+.

The bundle becomes a one-dle (AaronP/Getty Images)

HUNEY

__Consolidation could cure #subscripturation…__ Subscription saturation is real: Americans spend nearly $50/month on video streamers, and are increasingly looking to cut back. Disney’s push to jam diverse content into one offering could be a possible solution. Or, as streamers continue combining (picture: snowballs rolling down a hill), it may inadvertently recreate the cable chaos that subscribers fled in the first place.

Disney plans to merge Disney+ and Hulu as the streaming wars enter the superapp era

__Sunday scaries took a gap year…__ Job satisfaction among US workers reached 62% last year according to a new survey — the highest since analysts began tracking the metric in the late ’80s. Last year the “Great Resignation” saw a record 51M Americans quit their jobs, but the “Great *Reshuffling*” saw workers move to positions with higher pay, more flexible schedules, and better benefits. That may have contributed to a happy(er) workforce.

- __Change-seekers:__ The highest job-satisfaction levels came from people who chose to switch jobs during the pandemic and workers with hybrid schedules.

- __Remote equilibrium:__ Work-life balance and workload were the metrics that saw the biggest #satisfaction jump since 2021. Flexible schedules helped give rise to the “whenever economy.”

- __Drop likely:__ The survey was conducted last fall, before mass layoffs in the tech sector and before many RTO mandates were hardened.

__WFH is down, but not out…__ Currently, about 35% of workers whose jobs can be done remotely are full-time WFHers — down from 2020’s 55%, but up drastically from just 7% prepandemic. While more flexible schedules have boosted happiness, sector leaders like __[JPMorgan](https://robinhood.com/stocks/JPM/)__, Disney, and Amazon want workers to find their joy in IRL conference rooms. Despite almost 30K employees signing a petition against the biz’s three day/week RTO mandate, Amazon in March opted to stick with the directive.

Happy

__Satisfaction not guaranteed…__ While job satisfaction has been rising since 2010, many employees remain locked out of key opportunities that increase happiness. Last year, women reported less satisfaction than men in every benchmark, while 40% of workers in the lowest income quartile had no paid sick or vacation time.

The “Great Resignation” saw US job satisfaction hit a 36-year high, but not everyone’s included

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Hollywood’s Covid protocols, which ended yesterday, cost California an estimated $223M

➕ Disney’s streaming superapp

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