Summary of “Inside Spotify’s Playlists, Curators and ‘Fake Artists'”

Streaming revenue has jumped from $1.8 billion to $3.8 billion in two years, and its users like being turned on to new music: More than half of Spotify users listen to the service’s constantly updated playlists, like Today’s Top Hits, which has more than 16 million subscribers.
As playlists become the new radio, here are some of the music industry’s new rules.
“Tuma Basa is like an artist,” says Daniel Glass, president of Glassnote Records, who saw his client Childish Gambino get a huge bump when Basa added his song “Redbone” to the playlist.
“Then you go back to Spotify and say, ‘Have we gotten to a point yet where we’ve earned a spot in a playlist?’ Release week – sometimes it’s not gonna happen.”
At the end of 2016, Spotify added it to a lower-tier dance playlist.
It’s Good to Have a Friend With a Popular PlaylistEveryone from Father John Misty to Frank Ocean curates their own playlists for Spotify.
Elevator Music Pays BigSpotify’s most popular playlists include Peaceful Piano and Deep Focus – ambient music people relax to.
After country singer Sam Hunt played a gig for Spotify in 2014, his debut single, “Leave the Night On,” started appearing on Spotify playlists.

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Summary of “The Neymar Deal Was Certainly Crazy. But Was It Smart?”

Paris Saint-Germain didn’t break the transfer record when it signed Neymar from Barcelona on Thursday, it destroyed it.
Neymar isn’t twice as good as any other top soccer player, as you’ll see below.
There are a good number of strikers who get shots and goals at similar rates to Neymar, and there are midfielders who provide great ball progression value, but the combination of the two in one player is rare.
Neymar has a rare combination of playmaking and scoring The major European league scorers with the highest rate of progressive passes and runs in the past two seasons.
If PSG is aiming to get the full possible return on a five-year contract, Neymar is the best bet.
Neymar may be the best creative forward of his generation, but his generation did not produce a Messi.
Last season, in league play and Champions League competition, only Barcelona and Real Madrid had a better expected goals difference per match than PSG. If Barcelona does struggle to replace Neymar, it may benefit PSG in European competition.
Neymar’s possible replacements at Barca The players rated most similar to Neymar based on scoring, progressive passing and share of time spent in the wide forward position.

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Summary of “Lakers, Celtics, Sixers and more potential superteams that can challenge the Warriors”

It’s time to start sketching the free agency possibilities now and try to map out where the next superteams will be.
Who is most likely to assemble the next powerhouse to challenge the reigning-champ Golden State Warriors? Joining up with ESPN’s Bobby Marks with an eye toward 2018 free agency, we look at the three primary models to building a superteam.
Where could LeBron land? And Westbrook? Who are the dark-horse superteams? Without further ado ….The 2011 Heat model: Build through free agency.
Ahead of a monster 2010 free agency, Pat Riley gutted the roster, freeing up the most cap space of any team heading into the bonanza.
The Spurs could wait until 2019 when more money frees up, but there’s an outside chance they pull the trigger in 2018 instead. Darkhorse: Chicago Bulls.
The Bulls should have $52 million in cap space next summer and a big-time market to lure free agents, but unlike L.A. and San Antonio, Chicago lacks a magnetic star like Kawhi or Lonzo.
Look at the cap sheet and you’ll see that the Bucks in 2018 have $100 million in salary, just $2 million below the cap, thanks to some questionable long-term free agent signings in Mirza Teletovic, Matthew Dellavedova and John Henson.
Look for the Kings to pounce in 2019 free agency with as much as $55 million in cap space with nine players under contract.

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Summary of “Eight Questions About the Sale of the Houston Rockets”

On Monday, Houston Rockets CEO Tad Brown announced that the franchise is for sale.
The short answer is this: Leslie Alexander bought the Rockets for $85 million in 1993.
Evan Freaking Fournier! Per Forbes, the value of the Rockets today is estimated to be at least $1.65 billion.
What Will the Market for the Rockets Be?Uggetti: The NBA’s popularity, and franchise values, will likely continue to skyrocket as teams begin to put ads on jerseys and TV deals come in and grow.
How Long Does It Take to Sell a Team?O’Shaughnessy: Brown says the timeline for the sale to happen is “Sooner than later,”, so let’s see how quickly recent teams have sold.
He paid Harden, and dealt for Paul, who will make $24 million this season, but will become an unrestricted free agent again in summer 2018.Will Owner X want to hand a long-term contract to an aging point guard? If Paul can bring LeBron James to Houston that answer will be a resounding “Yes.” But if LeBron goes to L.A., why wouldn’t Paul join him there, too? Depending on who decides to fork over the money for the team, the Rockets may go from offseason winners and potential Warriors beaters to a mediocre team.
PLEASE BEYONCÉ PLEASE DO THIS AND PUT IT IN BLUE’S NAME.The Richest Man in Houston TheoryAccording to this very helpful list of 12 Houston billionaires, Richard Kinder, a “Pipeline magnate,” is the wealthiest person in the city.
The good news: The picture is of Kinder at a Rockets game.

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Summary of “Lee Bailey on O.J. Simpson’s Parole & Being Disbarred”

Lee Bailey is forever ready to share brutal opinions on the lawyers who have crossed him over the years.
Bailey hasn’t heard from Simpson since the conviction; he says he was told that Simpson was warned by prison officials to steer clear of Bailey if he wanted to get on the good side of the parole board.
I enjoy being F. Lee Bailey,” Bailey wrote in his 1971 best-seller, The Defense Never Rests, the first of his 20-some books.
Bailey successfully argued that prejudicial media coverage of Sheppard’s 1954 trial had tainted the jury and created, in the court’s opinion, a “carnival atmosphere”-ironic given that Bailey, in order to sway public opinion so that Sheppard would be allowed a polygraph test, went on The Mike Douglas Show and strapped comedian Dody Goodman into one of the machines.
In 1970 a Massachusetts judge censured him for carping about a guilty verdict on The Tonight Show, remarking that Bailey had “Self-esteem of such proportions as to challenge description.” Then, in 1973, Bailey was indicted and charged along with a huckster client, Glenn Turner, for helping run an Orlando-based pyramid scheme.
Bailey had befriended Shapiro while co-defending an accused cocaine smuggler in Hawaii in 1977, and they bonded so strongly that in 1980, when Shapiro’s first child, Brent, was born, he named Bailey godfather.
Two years later Duboc fired Bailey, and the court ordered Bailey to return the stock, the value of which, true to Duboc’s prediction, had skyrocketed from just under $6 million to $26 million.
“At the end of the day, Mr. Bailey, it’s fair to say that you spent $3 million that didn’t belong to you?” Bailey responded, “I spent $3 million that has been adjudged was not mine. At the time I spent it, I had a reasonable belief that it was mine.”

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Summary of “Time to trade Kirk Cousins? Washington Redskins blew it, faces hard truths”

It’s not really a surprise that Washington and Kirk Cousins failed to come to terms on a long-term extension before Monday’s deadline for franchise players.
Team president Bruce Allen released a statement detailing the offer Washington made to keep Cousins in the organization while revealing that Cousins’ representation failed to ever respond to the proposal.
Sure, it’s possible Kirk Cousins could be back in Washington after next season.
Kirk Cousins will become the first NFL quarterback to play under the franchise tag for a second consecutive season, earning $23.9 million, after he failed to come to a deal with Washington before a Monday deadline.
Allen suggests Washington made a generous offer on May 2 that would have given Cousins a record $53 million in full guarantees at the time of signing and $72 million in guarantees for injury.
With that in mind, does it make sense for Washington to try to be proactive about its future and trade Cousins now? And, as is the case with the Oklahoma City Thunder trading for Paul George a year before his own free agency, is there a team out there bold enough to trade for Cousins in the hopes of retaining him next year?
Teams like the Browns and 49ers could acquire Cousins in free agency next offseason, but they could also try to trade for Cousins now and convince the former Michigan State star that his future lies in their city.
If you’re San Francisco, do you offer your 2018 second-round pick and Brian Hoyer to Washington? Would Cleveland be willing to give up Houston’s first-round pick and Brock Osweiler to try to steer Cousins away? And would Washington be willing to take a guaranteed pick and a veteran quarterback to try to move on from the Cousins era with something to show for its efforts? Neither of those options seems particularly appealing, but after a bizarre day, Washington doesn’t appear to have an appealing long-term future at quarterback, either.

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Summary of “The Five Best NBA Offseasons So Far”

Don’t underestimate Chinese center Zhou Qi as a rookie contributor; while leading his team to a CBA championship, Zhou won Defensive Player of the Year, extended his shooting range, and improved his body.
The trade freed up $11.3 million in guaranteed salary.
Plumlee might have one extra year on his deal, but a $12.5 million salary is a lot easier to move in any potential trade than Howard’s $23.8 million deal.
Their veterans have a full season of experience together, and the young players like Bell, McCaw, and Damian Jones have defined roles on the team, should they earn playing time.
This season, Detroit will pay $10.5 million to Jon Leuer, $7 million to Boban Marjanovic, and $6 million to Ish Smith, and the Pistons still owe $5.3 million for the next three years to a stretched Josh Smith.
Detroit overpaid for Langston Galloway, signing him to three years, $21 million.
The Knicks just signed Tim Hardaway Jr. for four years and $71 million.
It’s been almost two weeks since the Pacers shocked the basketball world by trading Paul George for Victor Oladipo, who has four years and $84 million left on his contract, and Domantas Sabonis, a good-not-great young big.

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Summary of “A Trader So Secret They’re Only Known by a Number Just Made Over $200 Million in One Month”

An unknown cryptocurrency trader turned $55 million of paper wealth into $283 million in just over a month.
The value of ether, for example, rose from about $8 a unit at the start of the year to crest at $400 in June before settling around $250 today.
Ether, the second-most-popular cryptocurrency after bitcoin, is used to pay for applications or programs that run on the Ethereum blockchain, a secured list of transactions that can be shared.
The current value of all the ether held, $23 billion, means dozens of electronic wallets have accrued nine-figure positions.
That’s a stake worth at least $90 million, given a net worth calculated at $925 million, according to the Bloomberg Billionaires Index.
Lubin, the former chief operating officer for Ethereum Switzerland GmbH, which developed the software, could hold hundreds of millions of dollars worth of ether, several investors said.
Erin said in a Reddit post last month his ether holdings equal what would amount to about $117 million today, according to calculations by Bloomberg.
Like bitcoin, ether is struggling to overcome a reputation sullied by cyberattacks and technology bottlenecks.

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Summary of “Amazon Prime is on pace to become more popular than cable TV”

Within a couple of years, more U.S. households could be subscribers of Amazon Prime than cable or satellite TV, according to recent estimates of Amazon’s popular shipping and entertainment service.
Based on Morningstar’s estimates of the average number of Prime memberships per household, that suggests about 66 million households have Amazon Prime memberships in 2017.
According to these estimates, more U.S. households may have an Amazon Prime subscription than a pay TV subscription in as soon as two years.
How we got there: If the number of Amazon Prime households increases by roughly the same pace it has, on average, for the past four years – almost 12 million per year – the number of Prime households in 2019 would be around 89 million.
Amazon knows that Prime is the core of its retail business: Prime members spend more in a year than non-Prime members do, shop more frequently than others and price-compare less, according to studies.
Correction: A previous version of this post and chart incorrectly displayed estimated Prime memberships as Prime households.
To more accurately estimate Prime households, we divided the number of memberships for the past three years by 1.2 and divided earlier years by 1.1.
We’ve updated the number of estimated U.S. households with Amazon Prime in 2017 to 66 million, instead of our previous figure of 79 million, which reflected memberships.

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Summary of “How Did Johnny Depp Find Himself in a Financial Crisis?”

Late last October, Johnny Depp sat for dinner with two forensic accountants and his business manager of six months, Ed White, in the bucolic backyard of White’s house, in Bel Air, California.
These, Waldman would later charge, included late payment of income tax and disbursing nearly $10 million to “Third parties close to or who worked for Mr. Depp, without Mr. Depp’s knowledge or authorization.” These transgressions and others caused Depp to borrow tens of millions of dollars at high interest rates, with his film residuals as collateral, according to Waldman.
Regarding allegations over disbursements and loans, he says, “Over a 17-year period, TMG did not make a single distribution of Depp’s funds without authorization by Depp and/or his sister and personal manager, [Christi] Dembrowski,” and did not negotiate or dictate the terms of any high-interest loan for Johnny Depp.
Depp is asking for at least $25 million, while his former business managers are demanding $560,000 in damages and a court declaration that states “Depp caused his own financial waste.”
“Money doesn’t change anybody,” Johnny Depp once said.
Since Depp didn’t like reviewing lengthy financial documents, they distilled everything down to a one-page summary, but Depp didn’t want to see that either.
An e-mail arrived with a photograph of Dorchester stationery, on which Depp had written, “i, Johnny Depp, hereby agree to purchase the archives of Saint Nick Tosches for the sum of $1.2 million dollars. Johnny Depp.”.
“The Johnny I worked with so closely, the Johnny I admire, isn’t the Johnny that’s been portrayed,” says Scott Cooper, who directed Depp as the psychopathic mobster Whitey Bulger in Black Mass. “Professionally, he was on time, word-perfect, and polite to all,” says Sir Kenneth Branagh, who acted with and directed him in the upcoming Murder on the Orient Express.

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