Deadpool & Wolverine Made $1.07B, Epic Games iOS EU App Store, Pitbull FUi Arena, Ben Affleck New $20.5M LA Home, and Coach Colin Kaepernick - Eps. 44

Welcome to Episode 44 of the irl Media NEWS Podcast, I'm your host Chris Thompson, and today we discuss Disney’s ‘Deadpool & Wolverine’ Becomes Highest Highest-Grossing R-Rated Movie Ever, Epic Games Opens Their Own iOS App Store In The EU, Pitbull Is Buying The Naming Rights To Florida International University’s (FIU) Football Stadium For $6 Million Dollars, Ben Affleck Just Bought a $20.5 Million House in Los Angeles For Himself, and Could Colin Kaepernick Come Back To The NFL As A Coach?

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Transcript

Welcome to Episode 44 of the irl Media NEWS Podcast, I'm your host Chris Thompson, and today we discuss Disney’s ‘Deadpool & Wolverine’ Becomes Highest Highest-Grossing R-Rated Movie Ever, Epic Games Opens Their Own iOS App Store In The EU, Pitbull Is Buying The Naming Rights To Florida International University’s (FIU) Football Stadium For $6 Million Dollars, Ben Affleck Just Bought a $20.5 Million House in Los Angeles For Himself, and Could Colin Kaepernick Come Back To The NFL As A Coach?

Business

Disney’s 'Deadpool & Wolverine' has shattered records to become the highest-grossing R-rated film of all time, amassing an impressive $1.1 billion dollars worldwide as of mid-August 2024. This figure surpasses the previous record-holder, 'Joker' in 2019, which grossed $1.07 billion but took longer to achieve its total. 'Deadpool & Wolverine' reached this milestone within just six weeks of its release, setting a new standard for R-rated films. The film grossed $545 million dollars in domestic markets, capturing the interest of American audiences with its blend of irreverent humor and action-packed sequences. Internationally, the film performed equally well, bringing in $600 million, with strong showings in markets like China, where R-rated films typically face stiff competition. This rapid climb to the top underscores the global appeal of these beloved characters and the effective marketing strategies employed by Disney.

The Deadpool franchise has come a long way since its inception. The first film, 'Deadpool', which came out in 2016, was a risk for 20th Century Fox, which hesitated to greenlight a film with a budget of just $58 million due to its R-rating. However, the gamble paid off, with the movie grossing $783 million worldwide, far exceeding expectations. This success was attributed to Ryan Reynolds’ charismatic portrayal of the “Merc with a Mouth,” the film’s unique marketing campaign, and its appeal to a more mature audience. 'Deadpool 2', which came out in 2018, followed with an increased budget of $110 million and did not disappoint, raking in $785 million globally. The sequel’s success solidified Deadpool as a major player in the superhero genre, proving that R-rated films could perform just as well, if not better, than their PG-13 counterparts. These box office triumphs laid the groundwork for the massive success of 'Deadpool & Wolverine'.

'Deadpool & Wolverine' was always going to be a high-stakes project, with a production budget of $200 million, making it the most expensive film in the Deadpool franchise to date. The decision to bring Hugh Jackman back as Wolverine added significant star power, which, combined with Ryan Reynolds’ Deadpool, created a dream team for fans. The film’s marketing budget was also substantial, estimated at around $100 million, ensuring it reached a broad audience. In terms of box office performance, 'Deadpool & Wolverine' has earned $545 million domestically and $600 million internationally, for a total gross of $1.1 billion dollars worldwide. This puts the film on track to potentially surpass $1 billion, a rare feat for an R-rated movie. The strong box office numbers reflect not only the film’s broad appeal but also its ability to resonate with diverse audiences, making it a global sensation.

With 'Deadpool & Wolverine' now the highest-grossing R-rated film of all time, the future of the Deadpool franchise looks incredibly promising. Disney is already in the planning stages for the next installment, which is rumored to have a budget exceeding $250 million, potentially making it the most expensive R-rated film ever made. The next film is expected to explore the multiverse more deeply, which could introduce new characters from across the Marvel universe, further expanding Deadpool’s role within the broader Marvel Cinematic Universe (MCU). Additionally, there are talks of spin-offs and tie-ins that could capitalize on the success of 'Deadpool & Wolverine', including a possible Wolverine standalone film set within the same universe. With the continued involvement of Ryan Reynolds and potentially Hugh Jackman, fans are eagerly anticipating what comes next. Given the financial success of 'Deadpool & Wolverine', future installments are likely to receive even more substantial backing, ensuring that the franchise remains a dominant force in the world of superhero cinema.

Tech

Epic Games has taken a significant step in expanding its digital marketplace by launching its own app store in the European Union for iOS, a move that could reshape the mobile app landscape. This launch isn't just confined to the EU; Epic's app store is also now available globally on Android, marking a major milestone in the company's ongoing efforts to create a more competitive ecosystem for app developers and users alike. For iOS users in the European Union, this means they can now download apps directly from Epic's store on their iPhones and iPads, bypassing the 30% commission typically imposed by Apple’s App Store. This move could potentially save developers billions of dollars in fees. Globally, the Android expansion opens up new markets, particularly in regions where Android dominates, such as Asia and Africa, providing Epic with access to billions of mobile users.

The legal battles between Epic Games and Apple have been a landmark in the tech industry, involving billions of dollars and setting precedents for how app stores operate. The conflict began in August 2020, when Epic introduced a direct payment system in Fortnite, effectively bypassing Apple's 30% commission on in-app purchases. Apple, which generated approximately $19 billion from the App Store in 2020 alone, swiftly removed Fortnite from the App Store, leading to a lawsuit from Epic. Epic’s argument was that Apple’s control over the iOS ecosystem constituted a monopoly, stifling competition and innovation.

The case culminated in a highly publicized trial in May 2021, where both companies presented their cases. In September 2021, the court ruled that while Apple was not a monopoly, its restrictions on developers were anti-competitive. The ruling forced Apple to allow developers to inform users of alternative payment methods outside of Apple’s ecosystem, a move that could potentially cost Apple billions in lost revenue. However, the court also ruled that Epic had breached its contract with Apple and ordered it to pay damages. Both companies appealed parts of the ruling, and the legal battle continues to influence the digital marketplace, with the European Union and other jurisdictions closely monitoring the outcome.

The launch of Epic's app store on iOS in the European Union is a significant victory for the company and could have far-reaching implications for the entire gaming and tech industry. For Epic Games, which was valued at approximately $31.5 billion in April 2022, this move is part of its broader strategy to diversify its revenue streams and reduce its reliance on third-party platforms like Apple’s App Store. By bypassing Apple’s 30% commission, Epic could potentially increase its revenue significantly, particularly from popular titles like Fortnite, which generated over $5 billion in revenue in 2020 alone.

For other game companies, the launch of Epic’s app store on iOS could herald a new era of competition in the app distribution market. Companies that have traditionally been beholden to Apple’s strict App Store policies and high fees might now have a viable alternative, particularly in the European Union. This could lead to a reduction in the cost of publishing games on iOS, as developers might leverage Epic’s platform to negotiate better terms with Apple or switch entirely to Epic’s store. Moreover, the success of Epic’s app store could encourage other tech giants, like Google, to rethink their app store policies, potentially leading to a more open and competitive market for mobile apps globally.

Overall, the launch of Epic’s app store on iOS in the European Union is more than just a business expansion; it’s a strategic move that could redefine the dynamics of the app economy, benefiting developers, consumers, and possibly even other tech companies looking to challenge the status quo.

Entertainment

Pitbull, the Miami-born rapper and global music sensation, has made a significant move into the world of sports by purchasing the naming rights to Florida International University’s (FIU) football stadium. The deal, reportedly worth $6 million, is not just a financial investment but a symbolic gesture that strengthens the connection between the artist and his hometown. The stadium, which will now bear his name, is set to become an iconic landmark, further embedding Pitbull’s legacy in Miami’s cultural and sporting landscape.

Pitbull, born Armando Christian Pérez, started his music career in the early 2000s, quickly gaining popularity for his energetic performances and catchy, danceable tracks. He first gained attention with his debut album *M.I.A.M.I.* in 2004, which showcased his unique blend of reggaeton, crunk, and hip-hop. Over the years, Pitbull has evolved from a local Miami rapper to an international superstar, earning the nickname "Mr. Worldwide." His hits like "Give Me Everything" and "Timber" have topped charts globally, making him one of the most successful Latin artists of all time.

Pitbull's popularity stems not only from his music but also from his charismatic personality and business acumen. He has diversified his career with ventures into brand endorsements, acting, and now sports, making him a multifaceted figure in the entertainment industry. His decision to buy the naming rights to FIU's football stadium reflects his deep roots in Miami and his desire to give back to the community that supported him from the start.

Pitbull is not the first celebrity or musician to venture into the naming rights game. Jay-Z, another music mogul, was instrumental in the creation of the Barclays Center in Brooklyn, which is home to the NBA’s Brooklyn Nets. While he didn’t purchase the naming rights outright, his influence on the branding and design of the stadium is undeniable, and his The 40/40 Club inside the arena is a testament to his impact.

More recently, Drake, the Canadian rapper, struck a deal with the Toronto Raptors, becoming the global ambassador for the team and lending his brand to the Scotiabank Arena, where the Raptors play. Though Drake didn’t purchase the naming rights, his close association with the team and the stadium has made it a centerpiece of his brand.

These examples show that Pitbull’s move is part of a growing trend among celebrities and musicians who see the value in associating their names with major sports venues. The investment not only elevates their brand but also ties them to the local communities in a lasting way.

In recent years, buying naming rights for stadiums has become increasingly popular among companies and individuals. This trend reflects the growing recognition of the marketing power that comes with associating a brand with a major sports venue. For companies, it’s a way to gain visibility and prestige, especially if the stadium hosts high-profile events. For celebrities, it’s an opportunity to solidify their legacy in a meaningful way.

Naming rights deals have become a significant revenue stream for sports teams and universities, often running into the tens or even hundreds of millions of dollars. For example, the deal between American Airlines and the Miami Heat for the naming rights to the American Airlines Arena was worth $42 million. As more companies and individuals recognize the potential return on investment from these deals, the trend shows no signs of slowing down.

Pitbull’s $6 million investment in FIU’s football stadium is a reflection of this trend, and it highlights how naming rights have become a key strategy for those looking to make a lasting impact in both the business and cultural spheres.

Real Estate

Ben Affleck, the award-winning actor and director, has just added another impressive property to his real estate portfolio. This time, Ben Affleck purchased a $20.5 million house in Los Angeles, further solidifying his ties to the city where he’s become a household name.

But who’s going to live there?

Hint: It sounds like he’ll be living there alone.

Ben Affleck's new Los Angeles residence is a stunning example of mid-century modern architecture, originally designed by Cliff May. The home spans approximately 13,000 square feet of living space, making it an expansive retreat for the star. The property boasts seven bedrooms and nine bathrooms, ensuring ample space for family and guests. Situated on a spacious 1.2-acre lot, the house offers a sense of seclusion and privacy, a rare commodity in the bustling city of Los Angeles. The estate is surrounded by lush greenery, including mature trees and manicured lawns, creating a serene environment that feels worlds away from the urban chaos.

This $20.5 million acquisition is not Affleck’s only high-profile real estate investment. He also owns several other properties, including a luxurious mansion in the Pacific Palisades neighborhood of Los Angeles, which he purchased in 2018 for $19 million. That estate, spanning over 13,000 square feet, features seven bedrooms, nine bathrooms, a home theater, and a wine cellar. Additionally, Affleck has a sprawling estate in Savannah, Georgia, which he bought in 2003. The Georgia property is situated on 87 acres of land and includes three separate residences, a deepwater dock, and a guesthouse, reflecting his affinity for both urban and rural living.

Affleck’s new $20.5 million house is more than just a luxury home; it’s a masterpiece of design and functionality. The house’s mid-century modern architecture, combined with state-of-the-art amenities, offers the perfect blend of style and comfort. The property’s spacious layout and multiple bedrooms and bathrooms make it ideal for hosting guests or family gatherings. Additionally, the extensive outdoor space, including a pool and patio areas, provides the perfect setting for entertaining or simply enjoying the Southern California weather.

What sets this house apart is its combination of historical significance and modern luxury. Designed by Cliff May, a pioneer of the ranch-style home, the property carries a legacy of architectural innovation. May's influence is evident in the home’s open floor plan, floor-to-ceiling windows, and seamless integration with the surrounding landscape. These elements create a living space that feels both grand and inviting, offering a unique experience of luxury living in Los Angeles.

Ben Affleck’s latest real estate purchase may be more than just a reflection on his good tastes in real estate. He may have just needed to buy a place quickly now that news has broken that Ben Affleck and Jennifer Lopen have announced their divorce after 2 years of marriage.

At least he’ll have an amazing home to call his own as he continues to raise his family and sort out his life.

Sports 

Colin Kaepernick, the former San Francisco 49ers quarterback, could potentially return to the NFL—not as a player, but as a coach for the Los Angeles Chargers. This opportunity has been hinted at by none other than Jim Harbaugh, the current coach of the Chargers and Colin Kaepernick's former coach at the University of Michigan. Jim Harbaugh, who coached Colin Kaepernick during his college days, has been a vocal supporter of Colin Kaepernick’s activism and athleticism. If Kaepernick were to join the Chargers’ coaching staff, it would mark his first official return to the NFL since his departure as a player, offering him a new role in the league that once turned its back on him.

Colin Kaepernick's journey to potential coaching began in 2016 when he took a knee during the national anthem before NFL games. This act of protest was in solidarity with the Black Lives Matter movement, aimed at drawing attention to racial injustice and police brutality in the United States. While the gesture resonated with many, it also sparked controversy, leading to widespread debate across the country.

Colin Kaepernick’s protest had significant consequences for his career. After the 2016 season, he opted out of his contract with the 49ers, hoping to sign with another NFL team. However, no offers came his way. Many speculated that his political stance had made him a pariah in the league, as no team wanted to deal with the potential backlash of signing him. His absence from the NFL has since been viewed by many as a form of blackballing, where he was unofficially banned from the league due to his activism.

Over the years, Colin Kaepernick has made several attempts to return to the NFL as a player. In 2019, he organized a workout in Atlanta, Georgia, inviting all 32 NFL teams to watch him throw and demonstrate his skills. Despite the media buzz and his evident readiness to return to the field, no team extended an offer. The reasons cited ranged from concerns over his long absence from professional play to worries about the media attention and controversy that might follow his return.

Colin Kaepernick has also engaged in private workouts and discussions with various teams, but nothing materialized. His case has been a significant point of discussion within sports media, with many arguing that his absence from the league is less about his abilities and more about his activism.

Fast forward to 2024, and Jim Harbaugh, now the head coach of the Los Angeles Chargers, has floated the idea of Colin Kaepernick joining his coaching staff. Harbaugh, who has a deep connection with Colin Kaepernick dating back to their time at the University of Michigan, believes that Colin Kaepernick’s understanding of the game and leadership skills would make him an excellent coach. Harbaugh’s suggestion has reignited discussions about Colin Kaepernick’s potential return to the NFL, albeit in a different capacity.

If Colin Kaepernick were to take up a coaching role, it would not only bring him back into the NFL fold but also allow him to continue advocating for the causes he believes in, potentially using his platform to mentor young players both on and off the field. This move could also symbolize a significant shift in the NFL's stance toward Colin Kaepernick, acknowledging his contributions to the sport and the broader societal issues he champions.

Colin Kaepernick’s potential return to the NFL as a coach with the Los Angeles Chargers, under the guidance of Jim Harbaugh, represents a possible new chapter in his storied career. While his playing days may be behind him, the prospect of him returning to the league in a coaching capacity could offer Colin Kaepernick a unique opportunity to influence the game from the sidelines. This move could also serve as a significant moment in NFL history, where the league might finally reconcile with one of its most polarizing figures, allowing him to contribute to the sport he once dominated as a player.