"The safest amount of alcohol is zero." — Andrew Huberman. The Cost of Sobriety, $830 Billion.
Heineken, AB InBev and Diageo are writing sovereign-sized cheques to sport while a generation stops drinking. The $830 billion cost of sobriety.
Heineken, AB InBev and Diageo are writing sovereign-sized cheques to sport while a generation stops drinking. The $830 billion cost of sobriety.
Sidhu Moosewala would be at Jantar Mantar. India's youth are protesting and its artists are missing. A letter on why capital remembers who stayed silent.
For 5,000 years humans have bet on outcomes, from Tutankhamun's Senet boards to today. Now pop culture is the market. How prediction markets price fandom.
$10.5 billion in extra ad spend was out the door before the first whistle at Azteca. Who won the FIFA World Cup 2026 brand battle before kickoff.
NIL turned college athletes into businesses. The pre-professional athlete is the last underpriced window in global sport, and it is worth $54 billion.
Paramount and Warner Bros. at $110B. PIF's $55B EA buyout. Ten names who moved billions this quarter, and why celebrity is now a capital class.
Q1 2026 was a stress test: UMG's $64B bid, FIFA's $10.9B, $600M lost per day. Where live-economy capital moved this quarter, and why.
74,397 in the stadium. 11.15 million on TV. $2.78 billion in media value. How the Matildas became Australia's newest live-economy franchise.
Hotels, beach clubs, Capitol Studios Dubai, a Twitch network. Since 2019 Universal Music Group has quietly built a live economy. This is what it looks like.
Twelve entities control a trillion dollars of live entertainment. Not the artists on the covers. The Big 12 who actually set the direction.
Built from sand to sovereign scale. Why the GCC's live entertainment economy was designed to outlast any single shock.
2025 was a control year. Live entertainment is now priced like infrastructure. Here's who printed the money, and what it means for 2026.