Welcome back to irl Media NEWS. The only newsletter bringing you the business behind the news, with a healthy dose of sarcasm.

In today’s newsletter we discuss going into debt for a Disney vacation, SEC sends OpenSeas a Wells notice, Beyoncé Partners with LVMH's Moët Hennessy to Launch SirDavis Whisky, Miranda Kerr Sells Her Malibu Beach Pad for $4.1 Million, and the NFL will allow private equity firms to buy a piece of football teams.

• Are You Ready For The “Wicked” and “Gladiator 2” Mashup?

• Episode 40

• Going Into Debt For A Disney Vacation

• OpenSeas Receives A SEC Wells Notice

• Beyoncé Launching SirDavis Whisky

• Miranda Kerr Sold Her Malibu Beach Pad for $4.1 Million

• NFL To Allow Private Equity To Invest In Football Teams

Scroll on!

FROM THE EDITOR

It’s the most wonderful time of the year! No, I’m not talking about the holiday season. I’m talking about back to school here in New York state. My kids go back to school tomorrow, and I’ll have the house all to myself.

We have a lot of exciting new projects going on here at irl Media NEWS, and I can’t wait to share them with you as we get into the Fall.

One thing we’re working on is growing our Podcast subscribers, so if ya’ll could help me out by going to wherever you get your podcasts from and subscribe to the irl Media NEWS PODCAST that would really help us grow. Here are some of the most popular places to download our podcast from:

Apple
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Alrighty then, let’s get into it!

YOUTUBE

Are You Ready For The “Wicked” and “Gladiator 2” Mashup?

PODCAST

BUSINESS

Going Into Debt For A Disney Vacation

Going on a Disney vacation is a dream for many families, but for some, the cost is turning that dream into a financial nightmare. Families across the U.S. are going into debt to afford these magical experiences. The combination of rising prices, the desire to create unforgettable memories, and the allure of Disney’s global offerings is pushing some to their financial limits. From theme parks to cruises, Disney vacations are more accessible than ever, but the price tag attached often leaves families grappling with the aftermath. Read More

Families Are Going Into Debt for Disney Vacations

TECH

SEC Sends Wells Notice To OpenSea

The U.S. Securities and Exchange Commission (SEC) recently issued a Wells notice to OpenSea, the leading NFT marketplace, signaling potential legal action. The SEC’s move stems from its belief that non-fungible tokens (NFTs) could be classified as securities, which they really aren’t, continuing the SEC wrong opinion that that many in the crypto community argue is fundamentally flawed. This latest development raises questions about the SEC’s understanding of the rapidly evolving digital asset space and its implications for the broader NFT and cryptocurrency markets. Read More

OpenSea Receives Wells Notice from the SEC: Are NFTs Next in Line for Regulation?

ENTERTAINMENT

Beyoncé Partners with LVMH’s Moët Hennessy to Launch SirDavis Whisky

In a bold new venture that combines star power with luxury, Beyoncé has partnered with LVMH’s Moët Hennessy to launch a new whisky brand called SirDavis. This collaboration brings together the global superstar’s undeniable influence and the expertise of one of the world’s leading luxury goods companies. With a name that carries personal significance and a vision that promises to disrupt the spirits industry, SirDavis is set to make waves in the global liquor industry. The brand not only highlights Beyoncé’s business genius, but also ties into her deep-rooted family history. Read More

Beyoncé and Moët Hennessy launch new SirDavis whisky brand

REAL ESTATE

Miranda Kerr Sells Her Malibu Beach Pad for $4.1 Million

Supermodel Miranda Kerr has recently sold her stunning Malibu beach house for a cool $4.1 million. Known for her ethereal beauty and savvy business acumen, Miranda Kerr has now added a successful real estate transaction to her list of accomplishments. The Malibu property, which has been a serene retreat for the former Victoria’s Secret Angel, perfectly reflects her elegant yet laid-back style. Now, as she moves on, some lucky new owner will get to enjoy this slice of paradise. Read More

Picture Perfect! Miranda Kerr Sells Her Malibu Beach Pad for $4.1M

SPORTS

NFL To Allow Private Equity Firms To Buy A Piece Of Football Teams

The NFL is on the brink of a significant shift in its financial and ownership structure. The league is considering allowing private equity firms to invest in its teams, a move that would mark a departure from its traditional ownership model. Historically, NFL ownership has been limited to individuals or small groups, but the growing value of sports franchises and the need for fresh capital have led the league to explore new avenues. What makes this potential change even more intriguing is that the NFL doesn’t just want to open its doors to private equity – it also wants a piece of the profits when these firms eventually sell their stakes. This could create a substantial new revenue stream for the league, which is already one of the most profitable in the world, generating nearly $13 billion dollars in revenue in 2023. Read More

NFL wants a cut of private equity investment profits

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So much news, so little time. Until tomorrow we’re signing out.

— Chris Thompson

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