How Would You Wear AI?

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Legendary Entertainment is exploring an acquisition of the newly-free-of-Starz studio Lionsgate.

The Big Picture: Legendary and Lionsgate have been on parallel M&A paths over the past couple of years — Legendary finally shed controlling shareholder Dalian Wanda Group through a deal with PE firm Apollo, while Lionsgate recently completed the separation of its studio business from streaming service Starz. In many ways, this deal almost feels inevitable.

Behind the Scenes: With Skydance also on the one-yard line in completing its deal for Paramount (a target that Legendary also pursued), the M&A landscape in Hollywood is heating up.

Final Credits: The matchup between Legendary and Lionsgate seems to make sense for both studios. Legendary lacks its own distribution arm and library — assets it would immediately gain through a deal with Lionsgate. Meanwhile, Lionsgate has struggled to compete financially with the major studios; its closest corollary was MGM, which Amazon acquired. By teaming up with Legendary, the new studio would enter the big league.

The Takeaway: While Lionsgate is mainly known for mid-budget genre films, expect Legendary’s epic-scale ethos to change what kind of movies the new studio makes.

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Samsung is looking to chart its path in the AI-wearables market by making a variety of accessories that will be outfitted with the company’s Galaxy AI tools.

Why It Fits: Everyone from Meta and OpenAI is trying to figure out how to evolve AI beyond the need to engage with it on your smartphone. The billion-dollar question is: what else do people actually want to carry on them? While some buzzy startups have already failed to answer that question (RIP Humane), whoever cracks it could have a lot of customers on their hands.

Between the Lines: Samsung’s Mobile Experience Division COO Won-joon Choi told CNN that Samsung’s wearables strategy is basically trying a bit of everything.

The Future: Samsung doesn’t typically capture much attention in the world of AI… and the company is likely well aware of that. By developing various ways to wear AI on the go, Samsung could help mainstream the tech as an always-on companion that doesn’t require you to physically pull out your phone to use it.

Prediction: Don’t be surprised if AI wearables start showing up in viral fit checks.

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72% of you voted No in Friday’s poll: Do you have an X (Twitter) account?

“I love a good conversation. X is a place for monologues.”

“It appears to be the bubonic plague of sites.”

“When Musk took over Twitter, I closed my account. I saw the potential for X to become a mouthpiece for one man’s agenda, and I don’t regret it at all.”

“I technically have one for work (advertising), but I never use it. When Elon Musk took over, the platform’s integrity and functionality were completely destroyed, and as someone with a journalism background, I don’t want to support it in any way.”

Let’s keep the conversation going. Join our Poll Of The Day newsletter, so your opinions can shine. Discover how your views line up with your peers’, check out cool insights, and have some fun. It’s data with personality.

🍿 Warner Bros. Discovery’s new iteration of DC Studios is off to a good start as Superman debuts to $217 million globally.

📰 Skydance is potentially acquiring Bari Weiss’ The Free Press and may bring Weiss into a leadership role at CBS News following the Paramount merger.

🏌️ Callaway’s Odyssey brand is releasing a hockey stick putter in honor of the upcoming Happy Gilmore 2.

⚕️ The newly created Vie Ventures is raising a $75 million fund focused on investing in biotech firms developing therapies for autoimmune diseases.

🛰️ Apolink, founded by 19-year-old entrepreneur Onkar Singh Batra, has raised a $4.3 million seed round to maintain 24/7 satellite connectivity in low-Earth orbit.

🤖 Jack Dorsey vibe-coded the Bluetooth messaging app Bitchat in a weekend using Block’s Goose AI-coding assistant.

🕶️ On top of releasing a surprise new album, Justin Bieber has dropped the first line from his SKYLRK fashion label.

👜 The OG Birkin bag owned by actress Jane Birkin was purchased at auction for $10 million — the most ever paid for a handbag.

👗 Retail brands are skimping on plus sizes as Ozempic becomes wildly popular.