Streaming Killing TV

Hey there scroller 🤳

Ready for another day’s headstart with some fresh news?

What’s Hot? "TV's golden age is waning," notes a Nielsen report, as traditional TV dips below 50% of total viewing. Meanwhile, streaming claims a record 38.7%, led by YouTube and Netflix. As Nielsen highlights, the streaming surge is a testament to "the outsized strength of quality content." It's a momentous shift, ushering in a new era while we bid adieu to the golden age of television.

If your pal sent this to you, then subscribe to stay the most informed person in the room😉

💰 Financial Concerns Push Millennials Toward Depression

Millennials are grappling with intensified financial uncertainty, causing anxiety and depression, with 53% losing sleep due to money worries, according to Northwestern Mutual's 2023 study. Factors include high debt, past recessions, and climate change. Despite the challenges, experts advise coping strategies such as therapy and budgeting. The stress aligns with significant financial milestones in their thirties and forties. Yet, younger generations are beginning to save and invest earlier, potentially building stronger safety nets.

🌍 New Data: Global Wealth Up, Inequality Down

UBS' report projects a 38% surge in global wealth in the next five years, redistributing benefits to middle-income countries over the ultra-rich. Global median wealth, offering a clearer view of average prosperity, grew 3% in 2022, reflecting a five-fold surge this century fueled by China. The U.S. echoed this shift, with millennials and Hispanic Americans gaining wealth due to housing resilience, contributing to a decline in inequality.

🤝 Biden's First Solo Summit with Japan and South Korea

President Biden will hold a milestone trilateral meeting with Japan and South Korea at Camp David to address growing threats from China and North Korea. The leaders will affirm their linked security and commitment to consult during crises, sending a symbolic message countering Beijing and Pyongyang. The summit underscores the importance of their relationship in countering regional challenges, marking a significant milestone.

🌿 German Cabinet Approves Historic Cannabis Legalization Bill

Germany's cabinet approved a bill legalizing recreational marijuana for adults up to 25 grams or three plants, aiming to curb the black market and protect consumers. Critics express concerns over potential usage growth and increased authorities' workload, while Health Minister Karl Lauterbach highlights the importance of youth protection. If passed in parliament, the legislation could mark Germany as the first major European country to legalize recreational use.

🌍 UN: Sudan Civil War Escalates, Over 1 Million Flee

Sudan's conflict has driven over a million people into neighboring countries and displaced 3.4 million within Sudan. Amid a 50% surge in gender-based violence, the UN urged the immediate cessation of hostilities and equitable humanitarian relief. The Sovereign Council's deputy chairman, Malik Agar, proposes a ceasefire and political dialogue for a transitional period leading to elections. He stated that the war will "stop at the negotiating table."

⏳ Musk's X reportedly introduces a 5-second delay for links to disliked sites

Elon Musk's social network, formerly Twitter, introduced a 5-second link delay for specific news sites and rivals, affecting The New York Times and Reuters. Although "X" removed this delay for news sites, it persisted for others like Substack, Facebook, and more. Musk, a "free speech absolutist," had previously criticized NYT. Unclear motives sparked concerns of targeted pressure on news organizations while, Substack criticized such actions, advocating for reliable platforms.

🚫 NYC Prohibits TikTok on City-Owned Gadgets

New York City will remove TikTok from its city-owned devices within 30 days, citing security threats identified by the NYC Cyber Command. City employees are barred from using the app, complying with US Office of Management and Budget guidelines and recent federal legislation. Concerns over data security and spying have prompted states, including Montana, to ban TikTok on government devices. Meanwhile, Federal legislators have long pushed for a nationwide ban.

🔒 Sam Asghari may reveal 'embarrassing' Britney Spears info if a prenup isn't renegotiated, says source

Sam Asghari allegedly demands extra payment from estranged wife Britney Spears post-split, aiming to protect her secrets. He threatens to expose embarrassing information unless compensated beyond their prenup, according to Page Six. While Spears' team intends an amicable parting, the demand is deemed blackmail. The prenup, shielding Spears' pre-marriage earnings, was arranged by her lawyer Mathew Rosengart after her conservatorship was lifted. With a reported $70 million net worth, Spears faces this new challenge.

🎥 'Barbie' Surpasses 'The Dark Knight' as Warner Bros.' Highest-Grossing Domestic Film

"Barbie" has surpassed "The Dark Knight" as Warner Bros.' biggest North American movie, earning $537.4 million domestically. Globally, the film, inspired by Mattel's doll, reached $1.2 billion, trailing only the final Harry Potter film in Warners' history. Director Greta Gerwig broke records as the highest-grossing female director domestically and for a live-action movie worldwide. Interestingly, "Barbie" opened opposite Nolan's "Oppenheimer," both films reviving the summer box office.

🕵️‍♂️ Fox News Poll: Majority Believe Trump Acted Illegally, but See Investigations as Political

A Fox News Poll reveals that 53% of registered voters believe former President Trump acted illegally in his efforts to overturn the 2020 election. Conducted prior to Trump's indictment in Georgia and federal charges for election subversion, the poll found that this belief was held by most Democrats (90%) and 6 in 10 independents (62%), while only 13% of Republicans agreed. Additionally, 51% of voters feel that the DOJ’s treatment of Trump is motivated by partisan politics. In response to the indictment, Trump called it "politically inspired."

🛑 Conservatives Skeptical of McCarthy's Temporary Spending Plan to Prevent Shutdown

House Speaker Kevin McCarthy's suggestion of a short-term spending extension for fiscal 2024 has drawn criticism from conservative members of the House. Rep. Chip Roy argued against using a "continuing resolution" (CR) to maintain "bloated, corrupt 2023 levels" and suggested short, disruptive CRs to force Congress to act. Other conservatives would only support a CR tied to GOP policy priorities, like border security or energy reforms.

👥 "67% Report Substance Use Affects Them or Their Family"

Two-thirds of Americans have experienced addiction, either personally or within their family, according to a Kaiser Family Foundation poll. While alcohol is the most misused substance (54%), opioid addiction is notably high among rural White adults (42%). However, only 46% have received treatment, facing barriers like denial, cost, and stigma. Despite this, 91% support community treatment centers. Substance misuse has affected all income levels and heavily impacted family relationships.

On 17 August 1945, Sukarno declared Indonesia's independence from the Netherlands with the proclamation, "We the people of Indonesia hereby declare the independence of Indonesia. Matters concerning the transfer of power and other matters will be executed in an orderly manner and in the shortest possible time." He subsequently became the country's first president, serving from 1949 to 1967.

Thanks for scrolling with us🤳

Want to share Daily Scroll with a Pal? Forward this email and invite them to join our community of savvy scroll-ers.

We'd love to hear your feedback on today's issue of Daily Scroll! Simply reply to this email and share your thoughts on how we can improve our content and format.

Have a great day and see you tomorrow 🕺