Turkish police arrested a student attempting to cheat on a university entrance exam. The schemer allegedly disguised a camera as a shirt button and funneled questions to AI software through a device hidden in their shoe, getting answers back via earpiece. Ingenious stuff, but perhaps all that time and effort could’ve gone toward actual studyinginstead?
In today’s email:
Theme parks: Disney and Universal aren’t the only success stories here.
Weird patents: An animal trap for disturbed people.
Digits: That’s a lot of SpaghettiOs, and more newsy numbers.
Around the web: A murder-mystery logic puzzle, and more.
👇 Listen: Explaining the $18.4B seaweed economy and how you can cash in.
The Big Idea
Regional theme parks are having a renaissance
Local tourist attractions are gaining traction with stir-crazy, budget-conscious consumers.
2024-06-17T00:00:00Z
Sara Friedman
If you ever begged your parents for a trip to Disneyland but instead found yourself shooting out of a waterslide two hours from home, then you’ve probably visited a regional theme park.
And much to the dismay of Disney-loving kids everywhere, they’re becoming increasingly common as consumers look to travel more and pay less, perThe Wall Street Journal.
But these parks are working hard to make the trip worthwhile:
Six Flags Entertainment and Cedar Fair had an $8B merger in 2023, joining their combined 27 amusement parks, 15 water parks, and nine resorts. In the 12 months leading up to Q3 of 2023, the companies saw 48m guests.
British theme park operator Merlin Entertainments opened a Legoland park in New York in 2021 and is working on a Peppa Pig park in Dallas-Fort Worth after opening one in Florida in 2022.
Great Wolf Lodge has 20 indoor water park locations across the US and Canada with more planned. By 2025, ~90% of the US population will be within a four-hour drive of a park. The chain has ~8.7k rooms, up from 4.3k in 2014, and the average occupancy rate is ~80% annually, up from 65% 10 years ago.
Some of the success might be due to deep-pocketed backers: The Blackstone Group acquired a 65% stake in parent company Great Wolf Resorts in 2019 and holds a majority stake in Merlin Entertainments.
Along for the ride
The demand seems to be gaining momentum — the International Association of Amusement Parks and Attractions estimates a 2% increase in theme park attendance this summer, totaling 300m+ annual visits.
Smaller players are also trying to ride the trend. Silverwood Theme Park in Idaho opened the “longest dueling water coaster” in the US this month, and Maine’s Funtown Splashtown USA added its first new ride in 20 years last summer.
And, of course, the major players are on it, too. Universal broke ground on a kids’ resort outside of Dallas, and Mattel is opening Adventure Parks in Arizona and Kansas.
The biggest potential obstacle? “We’re going to our nearest regional theme park!” just won’t hit the same at the Super Bowl.
Free Resource
Stop loafing — start loading up some sends
Three years of deep research went into this manual.
It covers everything from breaking into the biz to sustaining a profitable content engine, with case studies from Morning Brew, The New York Times, and more.
OpenAI CEO Sam Altman is reportedly floating the idea of officially making the AI developer into a for-profit business, perThe Information. The move could sever OpenAI’s ties with its nonprofit board and open the door to an eventual IPO.
SNIPPETS
WhatsApp users will start seeing better video calling features, like improved screen-sharing and up to 32 people in one call. In other words, Meta will offer them Zoom, just with a WhatsApp logo in the corner.
Carmaker Stellantis is rolling out “Death of Chrome,” a plan that will stop chromium 6 — a carcinogen 500x more toxic than diesel exhaust — from being used to plate new vehicles across its brands.
Speaking of chemical elements… The FAA and Spirit AeroSystems are investigating how titanium sold with fake authentication documents ended up being used in some Boeing and Airbus planes.
Ugh: Only 11% of employees in North America said their employer offered summer Fridays in 2023, down from 55% in 2019. It seems some offices might’ve confused WFH with OOO.
Oops: The Kansas City Chiefs paid $40k for each of its Super Bowl rings. Unfortunately, they incorrectly list the Miami Dolphins as the No. 7 seed in the AFC playoffs. They were No. 6.
Oops again: A UK man is suing Apple for ~$6.3m, the cost of his divorce. He blames Apple for his deleted texts syncing to the couple’s iMac, which is how his wife learned he was cheating.
Subscription vitamin company Care/of is shutting down today. The startup posted to Instagram that it no longer had enough funding to operate, but is exploring future options.
Inside Out 2 earned an estimated $155m at the domestic box office in its opening weekend, making it the second-highest opening for an animated film.
Apple’s upcoming Sequoia operating system will Chess for Mac for the first time in 12 years. Beta testers say it has shinier pieces.
Don't miss this...
When Uber first launched in most US cities, it didn’t have legal permission to operate — the ultimate example of moving fast and breaking things. Katie Wells, who authored a book on Uber, joined our podcast to discuss how the ride-sharing giant has reshaped our cities.
Weird Patents
Oh, rats: Have a pest problem? James Williams of Fredonia, Texas, has an extremely aggressive solution. He patented an “animal trap” in 1882 that got right to the point. The invention was comprised of a wooden frame that could hold a pistol or a revolver, with a lever extending from the front. Any burrowing creature that stepped on the lever would discharge the firearm (you can deduce the rest) and an alarm would sound from the trap so it could be reset. “Trap” might be the wrong word here.
Fit the bill
There are thousands of companies valued at $1B+. How many clues do you need to identify today’s billion-dollar brand?
Clue 1: Its HQ is the tallest building in Columbus, Georgia, but the height of this company’s power is a world away — ~70% of its profits come from Japan.
Clue 2: Duck! For anyone who didn’t heed our warning and got hurt, well, we hope you have a policy with this leading insurer.
Clue 3: Comic Gilbert Gottfried’s insensitive tweets about Japan’s 2011 tsunami weren’t a crisis for many S&P 500 companies, but it was for this one, as Gottfried was a prominent team member at the time.
👇 Scroll to the bottom for the answer 👇
By the numbers
Digits: Plane etiquette, Frodo in SpaghettiOs, and more
Keep your kids out of plane aisles, people.
2024-06-17T00:00:00Z
Juliet Bennett Rylah
$6.5m:How much you’d have to pay to live in the San Francisco home once occupied by the Tanner family in “Full House.” The four-bed Victorian appeared in both the original series (1987-95) and in the 2016-20 reboot we forgot about until just now. While the inside doesn’t look like the show — interior scenes were shot in LA — the new owner can opt to buy handprints in concrete stone from John Stamos and Bob Saget.
8,795:How many cans of SpaghettiOs you’d need to write The Lord of the Rings trilogy, according to Instagrammer, skateboarder, and artist Abstract Tyler. He came to this conclusion by finding the average number of each letter per can, then putting this data into a program he wrote for this specific purpose. It would cost ~$12.2k to buy enough cans, but on the bright side, you’d have 8.1m+ leftover letters — enough for several second breakfasts.
98:Age of the man believed to be America’s oldest organ donor. WWII and Korean War vet Orville Allen died in May after suffering a fall, but was in good health otherwise. His children were surprised when hospital staff asked if they would donate his liver, but said yes, as their dad always went out of his way to help others. The liver was successfully transplanted in a 72-year-old woman.
86%:Share of Americans who say it’s unacceptable to let children play in the aisle mid-flight. YouGov surveyed Americans on 30 controversial behaviors, finding that 80%+ also find it unacceptable to get drunk, leave their seat during turbulence, and watch TV without headphones. However, 55% think it’s fine to recline their seat, meaning that, yeah, that one’s still going to be a hot item for debate.
AROUND THE WEB
🚠On this day: In 1971, President Richard Nixon kicked off the “War on Drugs” during a press conference that declared drug abuse “America’s public enemy number one.”