Core Insights - The article discusses the rising popularity and market potential of celebrity trading cards in China, predicting a market size of 27.66 billion yuan by 2025, with approximately 3.587 million consumers involved in the star card market [1][6] - The phenomenon is driven by a combination of social media engagement, consumer enthusiasm, and strategic marketing by companies like Tencent Music, which recently acquired shares in SM Entertainment to expand into the star card business [1][8] Group 1: Market Dynamics - The trading card market is experiencing explosive growth, with a 22-fold increase in transaction volume for celebrity merchandise on platforms like Xianyu since the beginning of 2024 [6] - The average daily views for celebrity trading cards on these platforms have reached nearly 10 million, indicating a strong consumer interest [6] - Rare cards can fetch exorbitant prices, such as 14,000 yuan for a BLACKPINK member's card and 33,000 yuan for a member of the Times Youth League, highlighting the speculative nature of this market [8] Group 2: Consumer Behavior - Young consumers view celebrity cards as "social currency," using them to connect with others who share similar interests, thus enhancing their social interactions [20][23] - The emotional value associated with these cards is significant, as they provide a sense of companionship and connection to idols, which is particularly appealing to fans [20][23] - The collection aspect of these cards drives consumer behavior, with many fans feeling compelled to complete their collections, further fueling demand [23][24] Group 3: Industry Implications - The rise of celebrity trading cards has led to the emergence of a diverse range of related products, such as card sleeves and storage solutions, which are also seeing increased sales [10][12] - Brands are leveraging the popularity of celebrity cards for marketing purposes, with numerous companies launching promotional campaigns that include these cards as incentives for purchases [13][15] - The entertainment industry is benefiting from this trend, as the sales of albums and merchandise are being boosted by the inclusion of trading cards, demonstrating a successful integration of fan engagement strategies [9][10] Group 4: Future Outlook - The trading card market is expected to continue evolving, with potential challenges arising from oversupply and fluctuating consumer interest, necessitating ongoing innovation and adaptation by industry players [29][30] - The overall market for collectible cards, including those based on IPs beyond celebrities, is projected to grow significantly, indicating a broader trend in the collectibles market [19][29]

36氪诚邀您的参与， 期待发现更多具备全球化视野的创新力量。 另外，新兴消费市场也在迅速崛起，Z世代逐渐成为消费主力，他们偏好多元，注重体验与文化认同。 谁能精准捕捉并满足这些需求，谁就能在重塑的全球商业版图中抢占先机。 在这场深刻的全球变局中，中国企业出海已驶入深水区。 世界商业的版图，从未像今天这般剧烈重塑。 技术洪流、产业迁移与消费新生代交织碰撞，正催生出一个新的全球化时代。 当下，数字技术与实体经济的边界加速消融，AI、云计算、物联网不再只是概念，而是重构全球产业链、催生新商业物种的基石。 技术驱动型创新企业，正站在开拓"新大陆"的最前沿。 与此同时，全球供应链从单纯追求效率，转向兼顾韧性与安全，核心技术掌控力、关键环节把控度，成为企业争夺全球话语权的关键。 唯有具备"硬核"竞争力的玩家，才能在激烈竞争中立于不败之地。 数据显示，2025年中国出海企业规模预计将突破2.5万亿美元，占中国GDP的12.7%。其中，人工智能、数字娱乐、消费升级等新兴领域的出海增速，已大 幅超越传统行业。 基于对中国企业全球化趋势的深度洞察，今年4月，36氪正式发起"East Forward 2025出海全球化创新名册"评 ...

Newly Created Role Centralizes Ad Sales Marketing Across the FOX PortfolioNEW YORK, June 5, 2025 /PRNewswire/ -- Accomplished marketing executive Puja Vohra has joined Fox Corporation (Nasdaq: FOXA, FOX) as Chief Marketing Officer and Executive Vice President, Advertising Sales reporting to Jeff Collins, President, Advertising Sales, Marketing and Brand Partnerships.In this newly created role, Vohra will be responsible for developing and executing ad sales marketing strategies spanning the FOX portfolio whi ...

Core Insights - Topgolf has broken ground on a new three-level venue in Parsippany, New Jersey, expected to open in summer 2026, marking its third location in the state [1][5] - The new venue will feature 102 outdoor climate-controlled hitting bays, equipped with Toptracer technology, and will employ approximately 350-400 staff members [5] Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), known for its tech-driven modern golf experiences and a variety of entertainment options [4][5] - The company operates over 100 venues globally, offering a mix of golf, dining, and entertainment in a relaxed environment [4][5] Venue Features - The Parsippany location will include a full-service restaurant and bar, over 140 HDTVs, fire pits, and year-round family-friendly programming [5] - A private event space and rooftop terrace will be available for various gatherings, enhancing the venue's appeal for social events [5] Community Impact - Local officials express enthusiasm for Topgolf's arrival, highlighting its potential to boost the local economy and create jobs [5] - The venue is expected to enhance Parsippany's entertainment offerings and contribute to community growth [5]

Core Insights - Lottery.com has extended its sponsorship agreement with British motorsport professional Louis Foster, enhancing its commitment to global brand exposure and shareholder value through motorsport partnerships [1][3] Group 1: Sponsorship Details - The extended agreement includes the display of the Sports.com logo on Foster's helmet and the front wing endplates of the Rahal Letterman Lanigan Racing 45 IndyCar for the remainder of the 2025 season [2] - The sponsorship covers all nine remaining races of the season, including notable circuits such as Road America, Mid-Ohio, and the Milwaukee Mile [2] Group 2: Strategic Goals - The partnership aims to solidify Lottery.com's presence in American motorsports and enhance global brand awareness, contributing to significant shareholder value [3] - The combination of helmet branding and prominent front-wing placement is designed to provide extensive brand exposure across various media platforms, including broadcast, digital, and live audiences [3] Group 3: Company Overview - Lottery.com Inc. operates a unified ecosystem that integrates gaming, entertainment, and sports, with brands including Sports.com, Tinbu, and WinTogether [4]

Core Viewpoint - LiveOne is set to announce preliminary financial results for FY25 on June 18, 2025, highlighting its focus on creator-first music and entertainment experiences [1] Company Overview - LiveOne, headquartered in Los Angeles, is a music, entertainment, and technology platform that offers premium experiences through memberships and events [3] - The company operates several subsidiaries, including Slacker, PodcastOne, and LiveXLive, and is accessible on various platforms such as iOS, Android, and Roku [3] Financial Performance - LiveOne reaffirms audio revenue of over $108 million and adjusted EBITDA of over $16 million for FY25 [5] - The company has improved efficiency by leveraging AI technology, launching over 25 new radio stations, and reducing Slacker's staff by one-third, achieving an additional $1.3 million in cost savings [5] Strategic Focus - The integration of AI is aimed at scaling and personalizing programming while maintaining human-centered curation and storytelling [2]

Wall Street analysts expect Dave & Buster's (PLAY) to post quarterly earnings of $1.05 per share in its upcoming report, which indicates a year-over-year decline of 6.3%. Revenues are expected to be $569.26 million, down 3.2% from the year-ago quarter.The current level reflects an upward revision of 2.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

Core Insights - Disney's stock has declined 44% from its all-time highs, reflecting ongoing challenges despite being a leading name in entertainment [1] - Recent fiscal results indicate potential stabilization, with solid performance in the second quarter of 2025 and a successful film release [2] Company Overview - Disney operates in three main segments: entertainment, sports, and experiences, each contributing to its overall business model [4][5] - The entertainment segment includes streaming, film releases, and network TV, while sports focuses on sports-related content, and experiences cover parks and resorts [5] Financial Performance - In the latest quarter, Disney reported a 7% year-over-year increase in total revenue, with operating income more than doubling to $3.1 billion, driven by streaming growth [6] - Streaming subscriptions rose by 2.5 million, with Disney+ now profitable and expanding [6] - Linear networks showed a slight operating profit increase, while the sports segment experienced a decline in operating income [7] Film Success - Disney rebounded from previous production delays due to Hollywood strikes, ending 2024 with the highest-grossing film, Inside Out 2, and other successful releases [9] - In 2025, Disney holds half of the top 10 highest-grossing films domestically, with Lilo and Stitch achieving $279 million in domestic box office sales and over $600 million worldwide [10] - Upcoming releases include sequels and remakes, with a strong reliance on established franchises [11][12] Future Outlook - Disney has several films scheduled for release in 2026 and beyond, including major franchises like Avatar and Frozen, which are expected to perform well at the box office [13] - The company is positioned for a potential comeback, supported by a profitable streaming business and successful film releases, despite recent layoffs [14][15]

Market Attributes U.S. Equities May 2025 Key Highlights | Index | 1-Month (%) | 3-Month (%) | YTD (%) | 1-Year (%) | 3-Year (%) | | --- | --- | --- | --- | --- | --- | | S&P 500 | 6.15 | -0.72 | 0.51 | 12.02 | 43.07 | | Dow Jones Industrial Average | 3.94 | -3.58 | -0.64 | 9.26 | 28.13 | | S&P MidCap 400 | 5.25 | -3.03 | -3.83 | 0.62 | 19.35 | | S&P SmallCap 600 | 5.07 | -5.82 | -8.80 | -3.41 | 3.94 | Exhibit 1: Index Returns Source: S&P Dow Jones Indices LLC. Data as of May 30, 2025. Past performance is no ...