BY: NKOSI COOPER
In today’s edition of Knead to Know:
Rich Paul and Jens Grede Join $1.1B Substack Funding Round
Netflix Debuts AI Powered Production in New Series
Snoop Dogg Buys Ownership Stake in Swansea City AFC
Rich Paul and Jens Grede Bet on Substack’s Creator Economy
Substack, the popular publishing platform favored by writers, journalists, and creators for distributing and monetizing content, has raised $100 million in its latest funding round. The raise was led by prominent venture capital firms The Bond Group and The Chernin Group, with participation from notable investors including Rich Paul, Founder of Klutch Sports Group, and Jens Grede, Co-Founder of Skims.
Netflix Leverages Generative AI for Original Series The Eternaut
For the first time in history, Netflix has integrated generative artificial intelligence into the production of its original series, The Eternaut. The move marks a significant shift in content creation practices and positions the streamer as an early adaptor. Co-CEO, Ted Sarandos, cited efficiency and cost-effectiveness as key reasons behind the decision.
Snoop Dogg Joins Swansea City Ownership Group
Continuing the trend of celebrity investment in European Football, Snoop Dogg has become a co-owner in Welsh football club Swansea City AFC. Following the playbooks of figures like Ryan Reynolds and Tom Brady, Snoop’s involvement is expected to amplify the club’s commercial appeal and global reach. Swansea City, currently in the EFL Championship, is aiming for a return to the Premiere League after its 2018 relegation.
The Rest of the Spread 🧈
Thai Floyd Becomes First Female Football Announcer in HBCU History
Naomi Osaka’s Hana Kuma and LeBron’s Uninterrupted team up on Off Day
Fox Sports Enters Strategic Alliance with Dave Portnoy’s Barstool Sports
Candace Parker and Aliyah Boston Launch Post Moves
Michael B. Jordan and Danai Gurira Reunite in The Thomas Crown Affair Remake
Still Hungry? Here’s More 🍞
Breaking Bread Panelists in the News:
In a conversation last month at ADWEEK House Cannes Lions, Chad Easterling emphasized that inclusive marketing is no longer optional in today’s business climate. He highlighted that the real impact comes when diverse storytelling is championed by leadership. “If it doesn’t change at the top,” Easterling said, “then nobody will be protected—whether it’s an idea, a concept, a campaign, a point of view, or a way of thinking.” His message was clear: campaigns only create meaningful change when they have the backing and commitment of high-level leaders.
Dune Acquisition Corporation ll, has announced the public listing of Class A ordinary shares. Dune Acquisition ll is a blank check company whose focus is to target business combinations in high-growth sectors such as AI, Software as a Service (SaaS), and Medtech. The company is led by CEO Carter Glatt, with board director Jeron Smith playing an integral role by leveraging his expertise in deal structuring, operations, and marketing.
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