⏱Billionaires battle it out

Apr 17, 2021

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

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.

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.”

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.

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.”

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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