With 5.3%of college students currently prescribed ADHD medications, Adderall & its newer, “difficult to abuse” progeny, Vyvanse have just been used in massive quantities all over the country to get heads through finals. There’s a beautiful round up of how Adderall is used/discussed in digital spaces by Tazin Karim Daniels here. While plenty of people are going to hem and haw about it, if 47% of 12th graders say it would be “easy” to obtain this stuff, let’s take our heads out of the sand and try and understand why. Continue reading
Wu-Tang’s next album will be sold in an extremely small run. Total number of copies? One. That’s right. Forbes released a piece detailing the purpose & aims, which can be found here. Apparently, the album will never be released in digital format and will only be available to be heard at festivals, galleries, museums and showcases, as if a traveling painting. I cannot over-emphasize how much I like this idea (with Bob Lefsetz) backing me up. The buzz created just from the Forbes article is enough that it’s worth the action. This will be one of the most sought-after works in the world. I’ll pay $30 to go listen to it after giving up my cell phone & listening in sponsored Beats headphones or something, so will everyone else. Or, I’ll just listen at Coachella or Electric Zoo. Is there a Wu-Tang Booth somewhere at Miami Music Week? We’ll find out.
(Photo via: http://scluzay.com/)
The recently-formed SFX Entertainment went public and is down about 7% since its IPO price of $13. I think Forbes is missing a few points when it comes to why the stock is dipping. Firstly, with no events on the immediate horizon, there’s little buzz about the event space at the moment. With Festival season over, it’s hard to pitch the high-asset driven business, especially when most of the players in the realm of high finance live in proximity to Electric Zoo. With the deaths surrounding that event I think there’s a problem with micro perception at the personal level that only time will change. As these events continue un-fettered once we get better at keeping everyone safe, the space will naturally grow. Forbes provides some good background but ultimately is still on the outside looking in. Check it out here.