Netflix bids farewell to DVDs...
[Advertisement] September 29, 2023 [View Online]( | [Sign Up]( | [Shop]( [Morning Brew]( PRESENTED BY [Uber Reserve]( Good morning. Today is National Coffee Day, a holiday we are obligated to mention on account of the Faustian bargain we made with a mug to use it as our logo. To celebrate, enjoy a [free coffee]( from a breakfast chain, and while you wait for it to cool, reflect on the fact that the cup of coffee in your hand is one of about 3 billion being consumed around the world just todayâa number that has nearly doubled over the past three decades and is expected to double again by 2050, per the FT. Over the next two years, Starbucks is on pace to open a new store in China every nine hours. âCassandra Cassidy, Sam Klebanov, Dave Lozo, Matty Merritt, Adam Epstein, Neal Freyman MARKETS Nasdaq 13,201.28 +0.83% S&P 4,299.70 +0.59% Dow 33,666.34 +0.35% 10-Year 4.576% -4.0 bps Bitcoin $27,153.40 +2.99% Meta $303.96 +2.09% *Stock data as of market close, cryptocurrency data as of 1:00am ET. [Here's what these numbers mean.]( - Markets: Stocks [jumped]( after unemployment data came in better than expected Thursday and treasury yields stabilized from three straight days of gains. Meta led a [good day for tech giants]( as investors contemplated whether they could see themselves wearing the companyâs AI-enhanced Ray-Ban smart glasses. Â TV [Netflixâs DVD service is no more](
[Netflix DVD envelopes]( Justin Sullivan/Getty Images After 25 years of stuffing red envelopes, Netflix will ship out [its last DVD]( today. Itâs not a surprise: The business is no longer the cash cow it once was, and Netflix wants to cut costs where it can amid the expensive streaming wars. And yet, Netflix wouldnât be what it is today without [the help of DVDs](. The company that now influences decisions at the highest levels of Hollywood was built atop those shiny silver discs. In the beginning, there was Beetlejuice. The Tim Burton film was the first DVD Netflix sent in 1998, back when most Friday nights were spent going to Blockbusterâ¦only to find all copies of A Bugâs Life were taken. Netflix rendered that blue-and-gold behemoth obsolete by making it easy to rent a DVD online and get it the next day, with no late fees or due dates. At the height of its DVD service, Netflix was the US Postal Serviceâs fifth-largest customer, processing 1.2 million DVDs weekly, according to the NYT. It generated $2.6 billion in profit between 2012 and 2019, which Netflix used to invest in streaming and make original content gems like The Unbreakable Kimmy Schmidt. Now, itâs just a service that we used to know While the end of the DVD service was inevitableâthe companyâs name all but foresaw thatâthere were still about a million paying customers sad to see it go. And for those loyal renters, Netflix offered [a parting gift]( They can keep their final discs. To commemorate the occasion, weâve compiled some of our all-time favorite DVD picks. We still love you, bouncing DVD logo. - Adam: The Lord of the Rings extended editions. The best behind-the-scenes content of all time. IYKYK.
- Abby: The Umbrellas of Cherbourg because it deserves to be viewed on a bigger screen than my laptop.
- Sam: The Parent Trap because the more Lindsay Lohans, the merrier.
- Cassandra: Monk. It gets nostalgia points for being the first show I watched via Netflix DVD, and it stars my favorite actor, Tony Shalhoub.
- Matty: Talladega Nights. I canât be expected to remember every iconic line at all times.
- Dave: The Avengers (1998). Because Ralph Fiennes and Uma Thurman are great together, and no other movie has ever come close when it comes to avenging. âCC Â Â PRESENTED BY UBER RESERVE [Let your inner planner shine](
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[Joe Biden and Kevin McCarthy]Illustration: Francis Scialabba, Photos: Getty Images House GOPâs first Biden impeachment hearing flopped. Republicans in Congress opened their impeachment inquiry into President Biden yesterday, looking to establish that he was involved in his familyâs foreign business dealings. But the GOPâs own witnesses, which included law professor Jonathan Turley and forensic accountant Bruce Dubinsky, testified that the existing evidence [does not support]( impeachment charges. House Oversight Chairman James Comer, whoâs leading the hearings, said he plans to continue the inquiry even if the government shuts down this weekend. Yelp and Texas sued each other. The user review company preemptively [sued]( Texas Attorney General Ken Paxton this week to protect its crisis pregnancy center label that says they âdo not offer abortions or referrals to abortion providers.â Sure enough, Paxton then sued Yelp, arguing the label is misleading. Yelp denied that the label is deceptive or untruthful. Since the reversal of Roe v. Wade, conservative lawmakers have taken individual businesses to court to further abortion restrictions. GameStop named Ryan Cohen its new CEO. The billionaire activist investor, who had been serving as the video game retailerâs executive chairman, [will not receive a salary](. Cohen first bought a stake in GameStop in 2020 and then joined its board the following year at the height of the meme stock frenzy. Its stock has since cooled off, but better-than-expected revenue in the second quarter may suggest Cohenâs plan to push deeper into e-commerce is starting to take effect. CLIMATE [Saltwater is infiltrating the Mississippi River](
[New Orleans Mississippi ]( Sean Gardner/Getty Images Saltwater from the Gulf of Mexico is creeping into the Mississippi River, polluting the drinking water in Louisiana parishes and threatening to strike New Orleans. President Biden [approved]( an emergency declaration for Louisiana this week, unlocking federal funds to deal with the salt onslaught. Local officials are assuring residents that there will be plenty of bottled water to go around and imploring them to abstain from raiding supermarket aisles. Why is Big Muddy getting salty? - A wedge-shaped layer of saltwater from the Gulf of Mexico is always present under the Mississippiâs freshwater. The river current normally pushes the saltwater downstream, keeping it near the mouth of the river.
- But a lack of rainfall this summer has weakened the riverâs usual flow, allowing the brine to move upstream. Since the Mississippi is running low more frequently with climate change, the risk of repeated saltwater intrusions is only growing. US Army Corps of Engineers to the rescue. The group is working to delay the saltwaterâs encroachment by increasing the height of an existing underwater barrier. Itâs also planning to relocate freshwater from further upriver.âSK Â Â TOGETHER WITH CARIUMA
[Cariuma]( These fall-ready kicks racked up over 40k 5-star reviews. Weâre talkinâ about Cariumaâs super-comfy and [sustainable (yep, B Corp-certified) leather sneakers](. Available in tons of stylish colorways and loved by A-listers like Jon Hamm and Helen Mirren, these are the real deal. Theyâre never on sale, so hurry and [use code BREWSEPTEMBER for 20% off](. SPORTS [The USâEurope rivalry hits the links](
[Illustration of two golf gloves holding up the ryder cup trophy]( Illustration: Francis Scialabba, Photos: Getty Images If there were ever a morning for a continental breakfast, this would be it. While you were sleeping, American golfers began their [Ryder Cup title defense]( against Europe at Marco Simone Golf and Country Club on the outskirts of Rome. Team USA dominated the 2021 tournament in Wisconsinâhowever, the US has not won a Ryder Cup in Europe since 1993. The beloved golf tournament began in 1927 and is played every two years, alternating between the US and Europe. How it works: Over three days, the US and European teams will compete against each other in a variety of âmatch playâ formats to earn points. The team with the most points wins, but itâs all for bragging rightsâthereâs no prize money handed out. Hereâs a primer to get yourself familiar with the intercontinental rivalry. Tale of the tape: United States / Europe Odds: -115 / +100 (this means the US is slightly favored) Number of golf courses: 17,000 / 9,000 Economic growth in the past 15 years: 82% / 6% (in the [eurozone]( Mandatory time off: none / four weeks of paid vacation Number of places named âRomeâ: At least 20 / 1 Most famous detective: Benoit Blanc / Sherlock Holmes Most famous invention: The Snuggie (2008) / Printing press (1440) Best Batman: Michael Keaton / Christian Bale âDL Â Â GRAB BAG [Key performance indicators](#)
[Costco gold bars]Francis Scialabba Stat: The perfect Costco haul: 4,000 dishwasher pods, a 700-ounce bottle of Kirkland vodka, and a [24-karat gold bar](. The bulk seller is now listing the precious metal on its website for members only at about $1,900 a pop. Even with a limit of two bars per member, Costco often sells out a few hours after putting them online. The value of gold has jumped over 15% in the last year, but Costcoâs real interest seems to be attracting survivalists who might also buy some supplies for their panic rooms, like this bucket of [150 dried meals](. Quote: âTo hear an ex-president say youâre off by a few detailsâ¦I thought I was off by a lot! The fact that he said that scared the f*ck out of me.â Barack Obama: 44th president and now Hollywood [script doctor]( Mr. Robot creator Sam Esmail told Vanity Fair that Obama, whose production company, Higher Ground, is behind Esmailâs upcoming disaster film, Leave the World Behind, leveraged his experience as president to provide some [sharp notes]( that helped âgroundâ the movie in reality. âHe wanted to see a really good film,â Esmail added. The former POTUS might just know what heâs doingâAmerican Factory, produced by Higher Ground, won the Oscar for best documentary in 2019. Read: The FTX trial is bigger than Sam Bankman-Friedâand potentially very embarrassing for all of crypto. ([The Verge]( QUIZ [Highly caffeinated quiz](
[New Friday quiz image]( Getting a 5/5 on the Brewâs Weekly News Quiz has been compared to your friend pushing back dinner when youâre already running late. Itâs that satisfying. [Ace the quiz](. NEWS [What else is brewing](#) - [The United Auto Workers]( union reportedly plans to expand strikes at GM, Stellantis, and Ford again if talks donât progress today.
- [FC Barcelona]( has been charged with sending more than $7 million in bribery payments to companies linked to the former vice president of Spanish footballâs refereeing committee.
- [Epic Games]( the maker of Fortnite, is laying off 870 employees, or 16% of its workforce.
- [McMurdo Station]( in Antarctica will soon ban its bars from serving alcohol amid growing concerns over sexual misconduct at the remote research facility.
- [Michael Gambon]( best known for playing the wizard Dumbledore in the later Harry Potter films, died at 82. RECS
[Friday to-do list] Watch: Twenty great [under-the-radar shows]( like The Leftovers and The Knick to stream while we wait for Hollywood to get up and running again. Bonus watch: Treat yourself to a deeply unsettling double feature this weekend with â[Saw Patrol]( X followed by PAW Patrol: The Mighty Movie. Play: Marvel at these [big-budget playrooms]( in luxury homes, which include climbing walls, foam pits, and whatever a âfantasy reading forestâ is. Nerd out: The emerging â[whom of which]( phrase tells us a lot about how syntax shapes language. Check yourself: Wondering if youâve got enough insuranceâor if youâre paying too much? Take Ramsey Solutionsâ 5-minute [Coverage Checkup quiz]( to see [what you (really) need]( *A message from our sponsor. GAMES [The puzzle section](#) Picdoku: Turn lead into gold in todayâs Picdoku, which swaps out numbers for alchemical symbols. [Play it here](. Friday puzzle STINK, DELIVER, STRESSED, REWARD, WARTS The above words have something in common. Which of the following words belongs in the same group? SPREE, IMITATE, SHIRT, COUNTED, LAGER SHARE THE BREW [Share Morning Brew]( with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag. Weâre saying weâll give you free stuff and more friends if you share a link. One link. Your referral count: 0 [Click to Share]( Or copy & paste your referral link to others:
[morningbrew.com/daily/r/?kid=4904f90a]( ANSWER Lager, because all of these words form new words when reversed (regal, knits, reviled, etc.). [Source]( Word of the Day Todayâs Word of the Day is: Faustian, meaning âmade or done for present gain without regard for future cost or consequences.â Thanks to Chris M. from the UK for the suggestion. [Submit another Word of the Day here](. Written by [Neal Freyman]( [Adam Epstein]( [Cassandra Cassidy]( Sam Klebanov, Dave Lozo, and [Matty Merritt]( Was this email forwarded to you? Sign up [here](. Get smarter in just 5 minutes - Money & Career: [Money Scoop]( Â [Money With Katie]( Â [Raise]( Â [Bossy]( Business education without the BS - Programs in [Business Essentials]( [Analytics]( and [Leadership]( Interested in podcasts? - Check out ours [here]( [ADVERTISE]( // [CAREERS]( // [SHOP]( // [FAQ]( Update your email preferences or unsubscribe [here](.
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