fbpx

You're viewing an email archive of The Hustle newsletter. Join free to receive the 5-minute newsletter keeping 2M+ innovators in the loop.

🎢 Disney’s new membership

View Online

The Hustle

If you love country and dogs, you’re in luck — Dolly Parton launched Doggy Parton, a line of country-style clothing and accessories for pups.

In today’s email:

  • Confirmed: Twitter’s edit button.
  • Chart: Disney Prime.
  • Weekend Reads for your Grass Soda.
  • Around the Web: The first Eagle Scout, visual crosswords, improving your memory, and more cool internet finds.
The Hustle Daily Show

🎧 On the go? Listen to today’s 10-minute podcast to hear Zack and Juliet discuss AI art controversy, OnlyFans’ wild revenue, and the pros and cons of Twitter’s edit button.

The big idea
Twitter logo

Twitter caves on the edit button

It’s finally happening, friends. Twitter announced it’s testing an edit button, something former CEO Jack Dorsey said it’d “probably never” do.

A common Twitter gripe has been that the only way to fix a typo is to delete and repost, which is frustrating if it’s already going viral or spurring conversation.

Twitter’s edit button…

… will roll out among Twitter Blue subscribers, who get early access to features, later this month. It’s unclear when the rest of us will get it.

To alleviate concerns that people will edit tweets to spread misinformation or say something embarrassing after garnering likes and RTs:

  • Changes can be made for only 30 minutes after posting the OG tweet
  • An icon, time stamp, and label will show it’s been edited (like this)
  • Tapping the label will show the edit history

Why’s it matter?

Twitter’s finally giving the people their most requested feature, but also an incentive to join its $4.99/mo. subscription service.

  • It also somewhat aligns Twitter with other platforms. Facebook’s edit button came in 2013. Reddit lets you edit posts, but not titles. Youtube? Edit to your heart’s content.

In 2020, Dorsey said Twitter was different in that it began as an SMS platform. Because you couldn’t recall texts, Twitter should maintain that “vibe.”

But that vibe is fading. Apple announced that, with iOS 16, users will be able to recall iMessages.

For more buttons: Read about Netflix’s best button innovations, or The Button, a 2015 Reddit experiment from “Wordle” creator Josh Wardle to see how long users could keep a button with a 60-second timer going.

Share on Facebook Share on Twitter Send as email to a friend View on our website
SNIPPETS

Starbucks named Laxman Narasimhan as its next CEO. He previously worked as global chief commercial officer of PepsiCo.

Poop: For some musicians with songs about poop, Amazon Music has become their most lucrative revenue stream, likely from kids yelling “poop” at Alexa.

Reddit acquired Spiketrap, a contextualization analytics company, in an effort to strengthen its advertising business.

Yikes: Thai influencer Natthamon “Nutty” Khongchak is accused of scamming 6k+ followers out of ~$55m in a foreign exchange trading scheme, then leaving the country.

Bank of America is piloting a program to help first-time buyers in Black and Latino neighborhoods purchase homes with no down payments, minimum credit scores, or closing costs.

Tencent and Sony now own a 30% stake in video game studio FromSoftware (“Elden Ring,” “Dark Souls”) with plans to push further into the global market.

iArtist: Controversy is brewing over a man’s AI-generated artwork winning first place at the Colorado State Fair’s fine art competition.

The world’s biggest offshore wind farm, near Yorkshire, England, is now fully operational with 165 turbines that will power 1.4m+ homes.

OnlyFans revenue soared 160% in 2021 to $932m. The number of fans jumped 128% to ~188m, and performers — who earned ~$4B — rose 34% to 2.1m.

Back to school: Entrepreneurs can become better business owners with a strong learning culture. Learn how you can build one from The Hustle blog.

chart
Disney Prime

Selina Lee

Disney’s planning a new membership

In 1957, Walt Disney drew a diagram of Disney’s business model showing how its films fuel other revenue streams like merchandise, theme park visits, and publications.

Sixty-five years later, Disney is exploring a membership program to make those connections more official, per The Wall Street Journal.

Talks are in early stages…

… so it’s unclear exactly how the membership would work, but CEO Bob Chapek has alluded to Disney’s “franchise flywheel” that gives the company multiple ways to reach customers.

For example:

  • If a customer repeatedly rides a Star Wars ride at one of its theme parks, Disney could promote relevant content on Disney+ and offer the customer exclusive Star Wars merchandise.

Disney’s no stranger to bundling

The company’s streaming bundle helped Disney pass Netflix in total streaming subscriptions last month.

If its new membership is anywhere near as successful as its streaming bundle, it can only mean one thing — more “Disney adults.”

Share on Facebook Share on Twitter Send as email to a friend View on our website
Recs
Weekend Reads

Welcome to Weekend Reads…

… Recs to pair with your Friday Fresca, Saturday sake bomb, or Sunday Grass Soda.

ICYMI:

  • Selina examined what happens when a brand (like sunglass company Pit Viper) is co-opted by extremist customers.
  • Jacob revealed the results of our Chex Mix survey, where ~3k of you ranked your best and worst pieces.
  • Saphia wrote about how budding entrepreneurs looking for their first loan can build business credit.

Spot the fake:

  • Japan formally declared war on floppy disks.
  • This startup lets you trade shares of Trader Joe’s products like stocks.
  • NASA is purposefully slamming into an asteroid 6.7m miles away next month.
  • LG made an ultra-high-tech display case… for your shoes.
AROUND THE WEB

🦅 On this day: In 1912, Arthur Rose Eldred became the first Eagle Scout, having completed all 21 required merit badges.

👀 Cure boredom: This “visual crosswords” game challenges you to sort images by what they have in common.

🧠 How to: Use your “mind palace” to improve memory.

🚌 That’s interesting: The history of the American school bus.

🐈 Aww: And now, raver cat.

Shower Thoughts
  1. “By using the waffle maker, you become one.”  SOURCE

  2. “There’s nothing preventing you from using someone else’s voice when you think.”  SOURCE

  3. “Braille on vending machine buttons don’t tell you what’s inside.”  SOURCE

  4. “Due to the declining population of people who own houses with garages and have kids, drummers are probably going to become very rare in the next couple generations.”  SOURCE

  5. “Seals are dog mermaids.”  SOURCE

 
via Reddit
How did you like today’s email?
Today’s email was brought to you by Jacob Cohen, Juliet Bennett Rylah, and Rob Litterst.
Editing by: Mark “Disney Adult” Dent.

Was this email forwarded to you? Sign up here.

PODCAST JOBS CONTACT US
Facebook Youtube Instagram Twitter
25 FIRST ST. 2ND FLOOR, CAMBRIDGE, MA 02141, UNITED STATES   +1 888 482 7768
Never want to hear from us again? Break our hearts and unsubscribe.
The Hustle logo

Get the 5-minute roundup you’ll actually read in your inbox​

Business and tech news in 5 minutes or less​

Psst

How'd Bezos build a billion dollar empire?

In 1994, Jeff Bezos discovered a shocking stat: Internet usage grew 2,300% per year.

Data shows where markets are headed.

And that’s why we built Trends — to show you up-and-coming market opportunities about to explode. Interested?

[email-submission-form button-text="Join Free" include-trends-opt-in="true" success-url="https://thehustle.co/new-thank-you-v2/" default-source="thehustleco" default-medium="home-exit-popup" default-campaign="home-page" form-id="exit-popup-general" optinmonster-conversion="true"]
<script type="text/javascript"> var onloadCallback = function() { grecaptcha.render('verify-your-humanity', { 'sitekey' : '6LdddrcZAAAAALyttpvOqiwQGwq5BNhgDz4tMQGE' }); }; function getCookieValue(a) { var b = document.cookie.match('(^|[^;]+)\\s*' + a + '\\s*=\\s*([^;]+)'); return b ? atob(decodeURIComponent(b.pop())) : ''; } function getCookie(name) { var cookieArr = document.cookie.split(";"); for(var i = 0; i < cookieArr.length; i++) { var cookiePair = cookieArr[i].split("="); if(name == cookiePair[0].trim()) { return decodeURIComponent(cookiePair[1]); } } return null; } function setHiddenFieldValue(wrappingDiv, searchParams, className, utmName, cookieName, defaultValue) { var el = wrappingDiv.getElementsByClassName(className)[0]; var existingVal = el.getAttribute('value'); if (utmName == 'ref') { var newVal = searchParams.get(utmName) || getCookie(cookieName); } else { var newVal = searchParams.get(utmName) || getCookieValue(cookieName); } if ((existingVal == null || existingVal == '' || existingVal == defaultValue) && (newVal != null && newVal != '')) { el.setAttribute('value', newVal); } } function setHiddenFieldValueFromUtm( wrappingDiv, searchParams, className, utmName, defaultValue ) { var el = wrappingDiv.getElementsByClassName(className)[0]; if (el != null) { var existingVal = el.getAttribute("value"); var newVal = searchParams.get(utmName); if (newVal != null && newVal != "") { el.setAttribute("value", newVal); } } } function initForm() { var wrappingDivs = document.getElementsByClassName('email-submission'); Array.prototype.forEach.call(wrappingDivs,wrappingDiv => { var sp = new URLSearchParams(window.location.search); setHiddenFieldValue(wrappingDiv, sp, 'funnel-source', 'utm_source', 'funnel_source', 'thehustleco'); setHiddenFieldValue(wrappingDiv, sp, 'funnel-campaign', 'utm_campaign', 'funnel_campaign', 'home-page'); setHiddenFieldValue(wrappingDiv, sp, 'funnel-medium', 'utm_medium', 'funnel_medium', 'home-exit-popup'); setHiddenFieldValue(wrappingDiv, sp, 'funnel-referral', 'ref', 'funnel_referral', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-a', 'a', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-c', 'c', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-o', 'o', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-oc', 'oc', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-e', 'e', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-f', 'f', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-r', 'r', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-t', 't', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s1', 's1', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s2', 's2', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s3', 's3', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s4', 's4', ''); setHiddenFieldValueFromUtm(wrappingDiv, sp, 'funnel-s5', 's5', ''); var error_message = getCookieValue('validate-email-message'); if (error_message && error_message.trim() != '') { var error = wrappingDiv.getElementsByClassName('funnel-error')[0]; var prev_email = getCookieValue('funnel_email'); error_message = prev_email + " is not valid. Please try again"; error.innerHTML = error_message; error.style = ''; } }); if (false) { initCaptchaFormV2(); } } function initCaptchaFormV2() { var v3RecaptchaResponseEl = document.getElementById('recaptcha-response-v3'); v3RecaptchaResponseEl.parentNode.removeChild(v3RecaptchaResponseEl); var wrappingDiv = document.getElementById('email-submission'); var subForm = wrappingDiv.getElementsByClassName('email-submission')[0]; var captchaVersion = document.createElement('input'); captchaVersion.class = 'g-recaptcha hidden-input'; captchaVersion.type = 'hidden'; captchaVersion.name = 'g-recaptcha-response-v2'; captchaVersion.value = 'true'; subForm.appendChild(captchaVersion); var captchaEl = document.createElement('div'); captchaEl.id = 'verify-your-humanity'; subForm.prepend(captchaEl); var captchaApiScriptEl = document.createElement('script'); captchaApiScriptEl.src = 'https://www.recaptcha.net/recaptcha/api.js?onload=onloadCallback&render=explicit'; captchaApiScriptEl.async = true; captchaApiScriptEl.defer = true; document.head.appendChild(captchaApiScriptEl); } window.addEventListener('DOMContentLoaded', (event) => { initForm(); }); if(typeof hp_interval == 'undefined') { var hp_interval = 0; var hp_ts = 0; var hp_try = 0; jQuery(document).ready(function ($) { hp_interval = setInterval(function(){ $('input.hp_ts').val(hp_ts); hp_ts += 1; if(hp_ts >= 180) { clearInterval(hp_interval); } },1000); $('.email-submission:not(.prevent-default)').submit(function (e) { var form = $(this); if(hp_ts < 3 && hp_try < 1) { e.preventDefault(); if (form.find('.email-form-submit-message').length < 1) { form.find('.email-form-wrap').after('<p class="email-form-submit-message" style="padding: 0em 1.5em;">Too fast! Are you a human? Try again please.</p>'); } hp_try += 1; hp_ts = 0; $('input.hp_try').val(hp_try); } }); }); } </script> <div class="email-signup" id=email-submission> <div class="funnel-error" style="display:none;"></div> <form class="email-submission " id="exit-popup-general" action="https://cms.thehustle.co/api/v1/contacts/wordpress_create" method="post" autocomplete="email"> <div class="email-form-wrap"> <input class="funnel-source hidden-input" type="hidden" name="source" value="thehustleco"> <input class="funnel-campaign hidden-input" type="hidden" name="campaign" value="home-page"> <input class="funnel-medium hidden-input" type="hidden" name="medium" value="home-exit-popup"> <input class="funnel-form-id hidden-input" type="hidden" name="form-id" value="exit-popup-general"> <input class="funnel-referral hidden-input" type="hidden" name="referral_code"> <input class="funnel-fail-url hidden-input" type="hidden" name="fail_url" value=""> <input class="funnel-ip-country-wordpress hidden-input" type="hidden" name="ip_country_wordpress" value="US"> <input class="funnel-submission-url hidden-input" type="hidden" name="submission_url" value="https://thehustle.co/🎢-disneys-new-membership/"> <input class="funnel-a hidden-input" type="hidden" name="a" value=""> <input class="funnel-c hidden-input" type="hidden" name="c" value=""> <input class="funnel-o hidden-input" type="hidden" name="o" value=""> <input class="funnel-oc hidden-input" type="hidden" name="oc" value=""> <input class="funnel-e hidden-input" type="hidden" name="e" value=""> <input class="funnel-f hidden-input" type="hidden" name="f" value=""> <input class="funnel-r hidden-input" type="hidden" name="r" value=""> <input class="funnel-t hidden-input" type="hidden" name="t" value=""> <input class="funnel-s1 hidden-input" type="hidden" name="s1" value=""> <input class="funnel-s2 hidden-input" type="hidden" name="s2" value=""> <input class="funnel-s3 hidden-input" type="hidden" name="s3" value=""> <input class="funnel-s4 hidden-input" type="hidden" name="s4" value=""> <input class="funnel-s5 hidden-input" type="hidden" name="s5" value=""> <input class="funnel-success-url hidden-input" type="hidden" name="success_url" value="https://thehustle.co/new-thank-you-v2/"> <input id="recaptcha-response-v3" class="g-recaptcha hidden-input" type="hidden" name="g-recaptcha-response" value=""> <div class="signup-icon" style="display:none;"> <svg width="24" viewBox="0 0 24 24" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M22 6c0-1.1-.9-2-2-2H4c-1.1 0-2 .9-2 2v12c0 1.1.9 2 2 2h16c1.1 0 2-.9 2-2V6Zm-2 0-8 5-8-5h16Zm0 12H4V8l8 5 8-5v10Z" fill="#848B92"></path></svg> </div> <input type="hidden" name="hp_ts" class="hp_ts" value="0"> <input type="hidden" name="hp_try" class="hp_try" value="0"> <input type="text" name="first_name" placeholder="Enter your name" value=""> <input class="signup-email" type="email" name="email" placeholder="Your email address" required autocomplete="email"> <input class="email-submit om-trigger-conversion" type="submit" value="Join Free"> </div> <div class="validate-mistake-emails-message" style="display:none;"></div> <div class="form-options" style="display:none"> <div class="form-options-wrap"> <div class="trends-opt-in"> <input id="trends_opt_in_email_submission" class="trends-opt-in-checkbox" type="checkbox" name="trends_opt_in"> <label for="trends_opt_in_email_submission" id="trends_opt_in_label" class="trends-opt-in-text">Yes, I’d like to receive additional marketing emails on hot business opportunities from Trends, by the Hustle.</label> </div> <div class="privacy-text"> <p>We're committed to your privacy. The Hustle uses the information you provide to contact you about our relevant content and services. You may unsubscribe from these communications at any time. For more information, check out our <a href="https://thehustle.co/privacy">Privacy Policy</a>.</p> </div> </div> </div> <div submit-success> <template type="amp-mustache"> <p class="c-message c-message--success">Thank you for subscribing.</p> </template> </div> <div submit-error> <template type="amp-mustache"> <p class="c-message c-message--failed">Your submission failed. Please try again!</p> </template> </div> </form> </div>