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HEADLINES ON October 26, 2009
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- Headline: 29th Annual CMJ Music Marathon Highlights. Impact: The CMJ Music Marathon became a breeding ground for future superstars, but also inadvertently led to an explosion of hipster coffee shops in Brooklyn. Who knew that rock and roll could brew such a caffeine addiction?. Fact: Did you know that by 2023, some of those '1,300 bands' are still trying to get their first gig? Talk about a long career path!.
- Headline: Online Rally Challenges Traditional Newspapers. Impact: The shift towards digital marketing began a cascade of events that ultimately led to the disappearance of newspapers as we know them. In the future, cats on the internet will be the primary source of news. Just you wait.. Fact: Did you know that by 2023, 'just scrolling' became a valid form of exercise? At least your thumb is getting a workout!.
- Headline: Hollywood's Digital Transformation Journey. Impact: Hollywood's desperate attempts to move past DVDs kicked off a digital revolution that resulted in binge-watching culture. Thanks to this, we now have entire weekends dedicated to watching shows instead of, you know, interacting with other humans.. Fact: Did you know that the average person now spends more time deciding what to watch than actually watching? It's a real achievement in modern procrastination!.
- Headline: Recession Drives Surge in Youth Runaways. Impact: The rise in youth runaways during the recession led to the establishment of numerous outreach programs, which then sparked a trend in social entrepreneurship. Today, you can find more startups focused on helping kids than on, say, solving world hunger. Priorities!. Fact: Did you know that many of those runaways later became influencers? Because nothing says 'I've got my life together' quite like posting about it on social media..
- Headline: Trying to Rein In ‘Too Big to Fail’ Institutions. Impact: The struggle to manage 'too big to fail' institutions inadvertently sparked a wave of disillusionment with government, leading to the rise of grassroots movements. Spoiler alert: this led to the invention of the phrase 'I can't even.'. Fact: Did you know that by 2023, 'too big to fail' became a common phrase used to describe not just banks, but also your friends' excuses for skipping brunch?.
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Netflix - If you invested $1,000 in 2009, it would be worth $220,288 today (220.3x return)