⏱Billionaires battle it out

A LOTR TV series, and $DOGE

Good morning everyone, and welcome to the weekend! Hopefully you have some fun plans!

0:05- Lord of the Stacks

• When Amazon does something, they do it big. Yesterday they announced their new Lord of the Rings TV show... with a budget of $465M for season one alone. If that number holds, it would be the largest amount that any studio has ever spent on a single season. This is of course in addition to the $250M Amazon paid for the rights to the show back in 2017.

0:23- Battle of the billionaires

• NASA revealed yesterday that Elon Musk’s SpaceX had beaten out Jeff Bezos’ Blue Origin to land the $2.9Bn contract that will have the company build the next crewed lunar lander. Kathy Leuders, NASA’s Human Spaceflight Program leader, said in a statement, “It is one more step, in an exciting group of steps, that will get us to a sustainable human landing system to the moon.”

0:41- Who’s a good $DOGE?

• While Dogecoin may have started out as a joke, only those who hold it are laughing now—the coin is up more than 400% over the last week, and 3702% over the last three months. It also hit a new all-time high of 48¢ yesterday. While many analysts say that this may be a bubble, when it’s backed by Elon Musk, you never know.

0:58- Apple doubles Spotify

• Yesterday Apple published an open letter to the music community disclosing their “penny per stream” payout for artists. While that 1¢ might not sound like a lot, it’s more than double what Spotify pays, and has helped some artists to stay afloat during a time when they’re not able to tour. In their letter, Apple said, “We believe in paying every creator the same rate, that a play has a value, and that creators should never have to pay for featuring.”

1:20- Flavortown helps out

• Guy Fieri doesn’t just make good food—he also helps his communities out. Over the past year he’s helped to raise more than $20M for unemployed restaurant workers through his fund. That fund in turn has helped more than 43k people in the industry receive grants of $500 or more.

Have a great rest of your day, and we’ll see you Monday bright and early!

-The 90 Second News Team

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