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We hope you’re recovering from the weekend, fam. The next time you’re flying back from your weekend getaway with your favorite canine friend, you can take Bark Air — an airline geared towards pampering your pooch with snacks, belly rubs, and a window seat. It’s, of course, absurdly expensive... but, hey, only the best for your fur baby, right?

In other news… brands could become movie studios, Spotify slows things down, and Nike taps AI as its newest designer.

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.ENTERTAINMENT.

Brand ambassador // Illustration by Kate Walker

“The Way Upfronts” brings in brands for film financing

The Future. Michael Sugar, the award-winning producer behind titles like Spotlight and The Knick, is creating an upfronts that, instead of pitching brands for advertising or product placement, is meant to help arrange financing for projects. While most brands will likely invest in individual projects, don’t be surprised if an enterprising brand uses future “upfronts” to launch a full-fledged studio arm and create a film slate.

Produced by Pringles?
“The Way Upfronts” is giving brands the opportunity to put their marketing dollars into something much more exciting than a 30-second TV ad spot.

  • The quarterly event, which will take place virtually from May 7th to 8th (future versions will be in person), will allow brands to hear the pitches of 25 in-development films.

  • The brands — which Sugar says collectively represent $60 billion in annual media spend — can then be connected with the producers and talent who are attached to the pitches they’re interested in.

  • There will also be several networking opportunities, including face time with a “host committee” made up of Scarlett Johansson, John Legend, Tom Brady, Elizabeth Banks, and Steven Soderbergh.

Sugar23, which has helped brands like Anheuser-Busch InBev and Procter & Gamble make moves into entertainment, is trying to show brands that they don’t have to fully finance a movie to invest in Hollywood. Instead, they can fund a script’s development or put equity into a movie to get talent onboard, all with the goal of flipping it to, say, Netflix or Amazon.

All cheaper options than a traditional commercial but have the potential for far more upside… especially in an age when people pay to skip commercials.

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Do you prefer sped-up or slowed-down song remixes?

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63.4% of you voted No in Friday’s poll: Are you a sports fanatic?

“Used to really watch sports but with people changing teams 4 $$ and having to subscribe to cable... Younger days I’d pay attention to the Olympics, Daytona 500, Indy 500 but only so many hours in a week, and with working weekends, sheesh!”

“Enjoy playing them but watch minimally. Doesn’t entertain me as much as movies, TV, or music.” 

“My favorite type of stories are the ones that inherently come out of sporting events. The comeback, the hometown hero, etc. I get sucked in very easily.”

.A WORD FROM OUR FRIENDS AT TIEGE HANLEY.

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Media, Music, & Entertainment

  • Michael O’Leary, the president and CEO of the National Association of Theater Owners, told studios at CinemaCon last week that movie theaters need more low– and mid-budget movies to make the theatrical landscape healthy again. [Read More]

  • The Cannes Film Festival is introducing an “immersive cinema” competition this year, with eight VR titles already in the lineup. [Read More]

  • “Like That,” Future and Metro Boomin’s single with Kendrick Lamar, is the fastest song to sell 1 million units in 2024, accomplishing the feat in just 18 days. [Read More]

Fashion & E-Commerce

  • Nike showed off a line of concept sneakers that were designed by AI, dubbed “A.I.R.,” last week in Paris. [Read More]

  • DTC fashion has hit a rough patch… unless you’re one of the many brands claiming to have the “perfect-fitting” T-shirt. [Read More]

  • StubHub is planning an IPO this summer at a valuation of $16.5 billion, hoping to capitalize on a booming live events industry. [Read More]

Tech, Web3, & AI

  • Apple announced that it’ll let consumers replace iPhone parts without obligating them to buy newer, more expensive ones. [Read More]

  • Adobe’s “Firefly” AI-generation tool, which was claimed to be “ethical” and “commercially safe,” was actually trained on images from Midjourney — a tool that doesn’t carry those claims. [Read More]

  • Meta is testing an AI chatbot that works across all of its apps with users in India and Africa. [Read More]

Creator Economy

  • Paramount may put online video convention VidCon up on the auction block as the company prepares for a sale. [Read More]

  • X will no longer allow premium subscribers to hide their blue checks. [Read More]

  • Storiaverse, a new storytelling platform, is pairing writers and animators to create original, “read-watch” experiences. [Read More]

.MUSIC.

Getting wonky // Illustration by Kate Walker

Spotify debuts a song remix feature

The Future. Spotify is working on a remix tool that would let users change the speed and pitch of any song on the platform, while opening up a new revenue stream for rights holders. By giving users a new way to engage with their music, artists might soon find versions of songs they didn’t create becoming moneymaking, breakout hits.

Speed up, get paid
Spotify is taking cues from trends on TikTok for its newest feature.

  • The streamer’s remix tool will allow paid subscribers to create sped-up and slowed-down versions of songs, while giving subscribers to the upcoming “Superpremium” tool even more advanced features.

  • Users could then possibly save their preferences for each song so they can be shared on Spotify (but not on social platforms) and listened to again in the future.

  • Artists, publishers, and labels would receive royalties for these versions — something that, to the headache of the entire music industry, hasn’t been solved on TikTok.

Listenership for manipulated songs has exploded so much in recent years (38% of of songs on TikTok last year had their speeds or pitches changed), that artists are just doing it themselves. SZA’s “Saturn” and Dua Lipa’s “Illusion” were released in multiple versions simultaneously this year.

They wanted to make sure they got those royalties somehow.

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  • Read: A judgement from the European Court of Human Rights that ruled in favor of a group of women who claimed Switzerland wasn’t doing enough to tackle climate change could set a precedent for climate cases worldwide.

  • Listen: A new podcast called Cold Tapes, produced by Nick and Jon Hamm’s Free Turn Entertainment, may be the first podcast-game hybrid.

  • Watch: Bloomberg breaks down how America is way behind in the global chip war.

Courtesy of Crocs

We may have reached peak footwear

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Today’s email was written by David Vendrell.
Edited by Boye Akolade. Copy edited by Kait Cunniff.
Published by Darline Salazar.

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