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TGIF, Future Party. While everyone is buzzing about the new TikTok deal (more on that below), another deal — if we may be so bold — of equal importance was finalized yesterday: the casting of the new Air Bud dog. Golden retrievers Charlie and Summer were chosen from 5,000 contenders for best embodying the “athleticism, charm, and heart” of Buddy — the pup every millennial wanted as a kid. Talk about scoring major nostalgia points.
DAILY TOP TRENDS
YouTube – A House of Dynamite
X
(Twitter)– WolverineGoogle – William Shatner
Reddit – Rick Moranis
Letterboxd – Weapons
Spotify – “Dream Team”
TikTok Gets An American Lifeline… Finally
The long wait over TikTok’s fate in the US is nearly done — President Trump just signed an executive order approving a consortium of buyers to take over an American version.
The Big Picture: The TikTok saga has had more twists than an M. Night Shyamalan movie. After Congress passed a law to ban the app, public pushback made an outright ban politically risky — triggering months of high-stakes dealmaking and geopolitical tension. With an agreement essentially finalized, one thing is clear: TikTok is here to stay.
Now, all eyes are on China for the final sign-off.
Behind The Code: President Trump has extended the already-delayed TikTok ban another 120 days as the deal gets finalized.
The American TikTok is valued at a shockingly low $14 billion — about the same as Snap, per Axios.
Investors include Oracle, PE firm Silver Lake, and Emirati state-run investment firm MGX, with Rupert Murdoch and Dell CEO Michael Dell also in the mix.
The new investors will control about 45% of the company — with each holding an equal share — while ByteDance will retain 19.9%, and TikTok’s current investors will own 35%.
Additionally, Americans will occupy six of the venture’s seven board seats.
The Future: The deal reportedly includes a new algorithm “leased” from ByteDance and will operate “under US control.” But here’s the most interesting wrinkle: despite previous reports, American users won’t need to download a new TikTok app — avoiding the confusion of competing versions.
Trend Watch: All eyes are now on China to publicly sign off on the deal — a move that, if it happens, could pave the way for similar agreements involving sensitive tech like AI and robotics.
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The Signing Of AI Artist Xania Monet May Not Hit a High Note
Hallwood Media signed a $3 million contract with an upcoming R&B artist named Xania Monet… who happens to be mostly AI-generated.
Why It (Doesn’t Hit): AI-generated artists are now officially upon us. While most labels backed out of signing Xania — whose real identity is Mississippi-based songwriter Telisha “Nikki” Jones — Hallwood Media’s willingness to put her on its roster could give other labels the go-ahead to make similar deals if she’s embraced by fans and brings in significant streaming revenue.
Behind The Music: What is Hallwood getting from signing Xania Monet?
Jones writes the lyrics herself but uses AI for everything else — including the music generator Suno to create the songs. She claims full ownership of both the songwriting and production credits.
The problem is that AI-created work isn’t copyrightable without significant human editing — potentially leaving only her lyrics legally protected.
So, Jones and Hallwood could now face litigation or, at the very least, complex rights negotiations — especially since Suno is currently being sued by three major labels.
Final Mix: Despite the controversy, Xania Monet has 9.8 million streams on US services, and her top single, “How Was I supposed to Know?,” has popped up on three Billboard charts. There’s no denying that she has a following, which is why her manager is now fielding publishing offers and is even planning a live performance (expect holograms to be involved).
Next Generation: With Spotify cracking down on AI-generated spam, labels may need to ensure any deepfake artists they sign pass a clear quality litmus test — potentially putting their investments in real human artists at greater risk.
DEEP DIVES
Read: THR chats with Steve Aoki about the launch of his new pop-culture auction house, Sound X Vision.
Listen: The Deal sits down with The College Sports Company founder Adam Breneman about the ins and outs of NIL deals in college football.
Watch: Forbes unboxes how New Balance, a 119-year-old brand, continues to find new ways to stay cool.
42.6% of you voted Neutral in yesterday’s poll: How do you feel about special guests at concerts?
“I’m sure some guests are a surprise and a party. But I’ve seen so many nepo appearances. Just icons insisting we want to listen to their kids sing.”
“Let me backtrack a bit — I love them when they’re thoughtful… special guests who are there that night because they live in that city or state, were raised there, or have recorded something together in the past… not just planted fluff.”
“I prefer when it’s actually unexpected. When it becomes as routine as Taylor Swift having surprise guests at every stop on the 1989 tour, it inevitably leads to disappointment if the night before or after yours gets what you personally deem a ‘better’ guest artist. My favorite surprise moments I’ve witnessed were Cardi B joining Megan Thee Stallion at MSG and Hozier bringing out Lucy Dacus at her Radio City Music Hall show.”
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.
QUICK HITS
→ Entertainment / Media
🎤 The Stagecoach 2026 lineup will be headlined by Lainey Wilson, Post Malone, and Cody Johnson.
🏈 The New England Patriots are valued at $9 billion after selling minority stakes to Sixth Street Partners and former Pabst Brewing owner Dean Metropoulos.
📺 Jimmy Kimmel’s return to late night scored a record 6.2 million viewers… despite not being aired in a quarter of the US.
→ Fashion / E-commerce
💰 Amazon is paying $2.5 billion to the FTC to settle a lawsuit alleging the company tricked people into signing up for Prime.
👩⚖️ Google’s battle with Fortnite-creator Epic over app-store payments may be heading to the Supreme Court.
📈 The Financial Industry Regulatory Authority is making it easier for retail investors to make multiple trades a day.
→ Creator Economy
📱 Threads has officially passed X in daily active users — 130.2 million.
🤳 Meta is rolling out its Teen Accounts feature on Facebook and WhatsApp to users globally, following a successful test in a handful of countries.
👀 Turns out some organizations aren’t very happy about MrBeast’s lack of sponsorship disclosures on his videos and products.
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Today’s email was written by David Vendrell.
Edited by Nick Comney. Polled and Copy-edited by Kait Cunniff.
Published by Darline Salazar.